EURUSD is falling towards an overlap support level and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1.09434
Why we like it:
There is an overlap support that aligns close to the 78.6% Fibonacci retracement level
Stop Loss: 1.08352
Why we like it:
There is an overlap support that aligns under the -27.2%...
Cisco Systems - 30d expiry - We look to Buy at 51.21 (stop at 49.21)
The primary trend remains bullish.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
A lower correction is expected.
This is currently an actively traded stock.
50 1 day EMA is at 51.10. The sequence for trading is...
GBPAUD - 24h expiry - We look to Sell a break of 1.9265 (stop at 1.9325)
The recent rally looks to have stalled.
We expect a reversal in this move.
Short term RSI has turned negative.
A move through 1.9250 will confirm the bearish momentum.
The measured move target is 1.9125.
Our profit targets will be 1.9115 and 1.9085
Resistance: 1.9300 / 1.9325 /...
Bitcoin - 24h expiry - We look to Sell at 28549 (stop at 28949)
Prices are extending lower from the bearish flag/pennant formation.
We look for losses to be extended today.
A break of yesterdays low would confirm bearish momentum.
Our short term bias remains negative.
The bias is to break to the downside.
Our profit targets will be 27549 and 27149...
Litecoin - 24h expiry - We look to Buy at 91.51 (stop at 89.11)
Trend line support is located at 91.40.
Bespoke support is located at 91.50.
We look to buy dips.
Intraday signals are mildly bullish.
Expect trading to remain mixed and volatile.
Our profit targets will be 97.51 and 98.51
Resistance: 93.50 / 95.00 / 96.27
Support: 93.00 / 92.00 /...
General Electric Company - 30d expiry - We look to Buy at 111.71 (stop at 108.71)
The primary trend remains bullish.
There is no clear indication that the upward move is coming to an end.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
20 1day EMA is at 111.54.
We look to buy dips....
CHN50 - 24h expiry - We look to Buy at 13030 (stop at 12910)
There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 13518.
A Doji style candle has been posted from the high. A lower correction is expected.
Short term bias has turned positive. We therefore, prefer to fade into the dip with a tight...
AUDUSD is rising towards an overlap resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 0.67210
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 0.67929
Why we like it:
There is a pullback resistance that aligns above the 78.6% Fibonacci...
GBPUSD could fall towards a pullback support level and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1.27510
Why we like it:
There is a pullback suppport close to a recent swing-low
Stop Loss: 1.26775
Why we like it:
There is an overlap support that aligns under the 78.6% Fibonacci retracement level
Take Profit:...
BTCUSD is close to an overlap resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 29699.50
Why we like it:
There is an overlap resistance that aligns with the 23.6% Fibonacci retracement level
Stop Loss: 30434.02
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci...
New Fortress Energy Inc - 30d expiry - We look to Buy a break of 31.71 (stop at 28.81)
We are trading at oversold extremes.
Posted a Double Top formation.
A break of the recent high at 31.58 should result in a further move higher.
31.58 has been pivotal.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible....
Bitcoin - 24h expiry - We look to Sell a break of 28788 (stop at 29288)
Our short term bias remains negative.
Posted a bearish Flag formation. A break of 29000 is needed to confirm the outlook.
A break of the recent low at 28825 should result in a further move lower.
We are trading at overbought extremes.
We look for losses to be extended today.
Our profit...
NIK225 - 24h expiry - We look to Buy at 32535 (stop at 32295)
We are trading at overbought extremes.
Previous resistance level of 33068 broken.
A lower correction is expected.
Short term bias is mildly bullish.
Further upside is expected although we prefer to set longs at our bespoke support levels at 32770, resulting in improved risk/reward.
Our profit...
Ethereum - 24h expiry - We look to Buy at 1843 (stop at 1803)
Daily signals are mildly bullish.
Bespoke support is located at 1840.
We look to buy dips.
The medium term bias is neutral.
Expect trading to remain mixed and volatile.
Our profit targets will be 1943 and 1963
Resistance: 1890 / 1920 / 1940
Support: 1870 / 1850 / 1820
Please be advised that...
Chevron Corporation - 30d expiry - We look to Buy at 150.33 (stop at 146.33)
150 continues to hold back the bears. We look to buy dips.
149.91 has been pivotal.
149.74 has been pivotal.
This is currently an actively traded stock.
The primary trend remains bullish.
Our profit targets will be 160.33 and 162.33
Resistance: 164.04 / 166.00 / 169.00
Support:...
USDCAD is falling towards a key pullback support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 1.31530
Why we like it:
There is a pullback support that aligns with the 100.0% Fibonacci projection level
Stop Loss: 1.30989
Why we like it:
There is a recent swing-low support
Take Profit: 1.32324
Why we...
GBPUSD is rising towards an overlap resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 1.30001
Why we like it:
There is an overlap resistance that aligns with the 61.8% Fibonacci retracement level
Stop Loss: 1.31407
Why we like it:
There is a recent swing-high resistance
Take Profit: 1.28160
Why we...
EURUSD is rising towards a pullback resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 1.11476
Why we like it:
There is a pullback resistance that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 1.12228
Why we like it:
There is a pullback resistance that aligns with the 78.6% Fibonacci...
