Hello,Friends! GBP/CAD pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 6H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.707 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
Hello,Friends! SILVER is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a great trend following opportunity for a long trade from the support line below towards the supply level of...
Hello everyone, Brian here. Today, EURUSD continues to wander without a clear direction, maintaining a sideway pattern around the 1.0655 level as the pair awaits fresh news to carve out a new path. In the meantime, it's expected that EURUSD will persist with its sideways motion in the short term, with the Bollinger Bands indicator suggesting a range between 1.062...
Hello there, Brian here with a glint of today's gold market dynamics! Gold (XAU/USD) found itself under a relentless sell-off siege for the second day running on Tuesday, edging toward its bi-weekly nadir around the $2,300 landmark as the European trading session dawned. Despite a nocturnal offensive on U.S. forces in the Middle East, investors clung to optimism,...
Hello everyone, I'm curious about your thoughts on the current trend of USDJPY? Lately, this currency pair has been maintaining stability at a high price level, currently hovering around 154.810 with little fluctuation and seemingly unchanged from the same time during yesterday's trading session. It recently touched a multi-decade high around 154.85 on Monday,...
If you haven`t bought AAPL before the previous earnings: Then analyzing the options chain and the chart patterns of BAC Bank of America Corporation prior to the earnings report this week, I would consider purchasing the 35usd strike price Calls with an expiration date of 2024-8-16, for a premium of approximately $2.82. If these options prove to be profitable...
If you haven`t bought PG before the previous earnings: Then analyzing the options chain and the chart patterns of PG The Procter & Gamble prior to the earnings report this week, I would consider purchasing the 155usd strike price Calls with an expiration date of 2024-9-20, for a premium of approximately $8.85. If these options prove to be profitable prior to the...
Analyzing the options chain and the chart patterns of SLB Schlumberger Limited prior to the earnings report this week, I would consider purchasing the 54usd strike price in the money Puts with an expiration date of 2024-4-19, for a premium of approximately $3.10. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
The gold market (XAU/USD) is facing strong selling pressure for the second consecutive day, dropping to near its lowest level in over two weeks, hovering around the $2,300 mark before entering the European trading session. Despite overnight attacks on US forces in the Middle East, investors remain optimistic, believing that the conflict between Iran and Israel...
If you haven`t sold the double top on T: nor bought the dip: Then analyzing the options chain and the chart patterns of T AT&T prior to the earnings report this week, I would consider purchasing the 16.50usd strike price Puts with an expiration date of 2024-4-26, for a premium of approximately $0.46. If these options prove to be profitable prior to the earnings...
Here are some potential BUY opportunities for NIO from a technical view. Lets see how this develops.
My RUNEUSD long-term analysis. Higher timeframes provide clear view . BUT can you see it? Will be buying in the zone provided. Be smart. If anyone have any questions feel free to contact me or drop a comment.
Greetings, Brian here with today's golden update! In a dazzling twist, gold has seen its luster diminish, shedding nearly $20 in just the opening hours of the Asian trading session, currently orbiting the $2308 mark. As the drama in the Middle East simmers down, investors are rushing to capitalize on their gains, leading to a flurry of gold being released back...
Here is our detailed technical review for GBPAUD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.919. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.930 level soon. P.S The term oversold refers to a...
Here is our detailed technical review for EURUSD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.063. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.065 level. P.S Please, note that an...
Hello,Friends! We are now examining the NZD/USD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.608 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going long on the USOIL with the target of 84.39 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! It makes sense for us to go long on GBP/JPY right now from the support line below with the target of 192.689 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅