Ethereum - Intraday - We look to Sell at 1679 (stop at 1719)
Daily signals are bearish.
Preferred trade is to sell into rallies.
20 1 day EMA is at 1680.
Mixed but negative price action has resulted in consecutive, narrow-ranged, sideways trading days.
We look for a temporary move higher.
Our profit targets will be 1579 and 1559
Resistance: 1643 / 1660 /...
HS50 - 24h expiry - We look to Buy at 18110 (stop at 17830)
Buying pressure from 18225 resulted in prices rejecting the dip.
Short term bias is mildly bullish.
The hourly chart technicals suggests further downside before the uptrend returns.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Further upside is...
USDJPY is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target.
Entry: 146.559
Why we like it:
There is a pullback support that aligns with the 38.2% Fibonacci retracement level
Stop Loss: 144.537
Why we like it:
There is a pullback support level
Take Profit: 149.178
Why we like it:
There is...
USOUSD is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target.
Entry: 85.707
Why we like it:
There is a pullback support that aligns with the 23.6% Fibonacci retracement level
Stop Loss: 83.321
Why we like it:
There is an overlap support level that aligns close to the 50.0% Fibonacci...
AUDUSD could rise towards a pullback resistance and potentially reverse from here to drop lower towards our take profit target.
Entry: 0.64039
Why we like it:
There is a pullback resistance that aligns with the 23.6% Fibonacci retracement level
Stop Loss: 0.64410
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement...
USDCAD is falling towards an overlap support and could potentially reverse from here to bounce higher towards our take profit target.
Entry: 1.36032
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement level
Stop Loss: 1.35062
Why we like it:
There is a pullback support level
Take Profit: 1.37346
Why we like it:
There is...
Dollar General - 30d expiry - We look to Buy a break of 139.44 (stop at 133.04)
We have a Gap open at 31/8/23 from 157.66 to 128.62.
In our opinion this stock is undervalued.
A higher correction is expected. A break of the recent high at 139.12 should result in a further move higher.
Offers ample risk/reward to buy at the market.
Our profit targets will be...
NZDUSD - 24h expiry - We look to Buy at 0.5850 (stop at 0.5810)
Price action looks to be forming a bottom.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.5900 will confirm the bullish momentum.
Short term RSI has turned positive.
Our profit targets will be 0.5950 and 0.5975
Resistance:...
Bitcoin - 24h expiry - We look to Buy at 25366 (stop at 24766)
Support is located at 25300 and should stem dips to this area.
25360 has been pivotal.
25297 has been pivotal.
Trading volume is decreasing.
The lack of interest is a concern for bears.
Our profit targets will be 26866 and 27166
Resistance: 26050 / 26500 / 27000
Support: 25500 / 25300 /...
AUDUSD is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target.
Entry: 0.64019
Why we like it:
There is a pullback support
Stop Loss: 0.63419
Why we like it:
There is a support level that aligns with the 127.2% Fibonacci extension level
Take Profit: 0.65080
Why we like it:
There is an overlap...
EURGBP rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target.
Entry: 0.85664
Why we like it:
There is an overlap resistance that aligns with the 38.2% Fibonacci retracement level
Stop Loss: 0.86099
Why we like it:
There is a swing-high resistance
Take Profit: 0.85138
Why we like it:
There is a...
Silver (XAGUSD) could rise towards a pullback resistance and potentially reverse from here to drop lower towards our take profit target.
Entry: 24.031
Why we like it:
There is a pullback resistance
Stop Loss: 27.827
Why we like it:
There is a pullback resistance
Take Profit: 23.197
Why we like it:
There is a pullback support that aligns with a confluence of...
GBPUSD could rise towards an overlap resistance and potentially reverse from here to drop lower towards our take profit target.
Entry: 1.26542
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 1.27248
Why we like it:
There is a pullback resistance
Take Profit: 1.25646
Why we like it:
There is a...
Intuit - 30d expiry - We look to Buy at 507.51 (stop at 491.51)
Price action continues to trade around significant highs.
The primary trend remains bullish.
Short term momentum is bullish.
Previous resistance located at 505.
Previous resistance at 505 now becomes support.
We look to buy dips.
Our profit targets will be 547.51 and 552.51
Resistance:...
Litecoin - 24h expiry - We look to Buy a break of 64.61 (stop at 62.21)
We are trading at oversold extremes.
The bias is to break to the upside.
Bullish divergence is expected to support prices.
A break of the recent high at 64.51 should result in a further move higher.
Expect trading to remain mixed and volatile.
Our profit targets will be 70.61 and 72.61...
HS50 - 24h expiry - We look to Buy at 18355 (stop at 18125)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A lower correction is expected.
Our short term bias remains positive.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Further upside is expected...
USDCHF is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target.
Entry: 0.88089
Why we like it:
There is a pullback support that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 0.87604
Why we like it:
There is a pullback support
Take Profit: 0.88796
Why we like it:
There is an...
The Kiwi (NZDUSD) could fall towards a pullback support and potentially reverse from here to bounce higher towards our take profit target.
Entry: 0.59030
Why we like it:
There is a pullback support
Stop Loss: 0.58407
Why we like it:
There is a pullback support
Take Profit: 0.59939
Why we like it:
There is an overlap resistance that sits under the 23.6%...
