The GBP/USD exchange rate experienced a positive rebound the previous Friday, rising from the round figure of 1.2600 after touching a one-and-a-half-week low. This positive momentum continued into the following Monday, with spot prices reaching a multi-day peak in the range of 1.2660-1.2665 during the Asian session. However, the Relative Strength Index (RSI)...
The EUR/USD exchange rate continues to fluctuate within its daily range above the level of 1.0800 during Friday's American session. Economic data from the United States shows that the ISM Manufacturing PMI decreased more than expected in February, making it difficult for the US dollar to gain momentum. Nonetheless, the EUR/USD has found support around 1.0800 but...
📣GOLD Weekly Prediction ➡️Gold Has made a Stronger upside 🔼 move because of Strong Data🆕🆕 & a North Korean military equipment to Ukraine.🔥 🔍Now Gold Has Support zone Around 2069 - 66, Initially Gold will Fall🔽 towards Support zone & if Holds then upside 🔼2093 - 98 could be seen. I expect that Gold will test 2070 & 2052 Sharply .
There was an opportunity for another entry printed today in the retracement. Today the trade hit 60 pips in profit. The whole move has a chance of making 150+ pips. I'll keep you updated.
S&P500 (SPX): SP:SPX Swimming against the current with our analysis, we still see a very plausible scenario in the S&P 500. There are multiple scenarios at play, each with its own significance. Our primary scenario posits that we've completed Wave (5) and the first cycle at $4,818 points, now embarking on a Wave II. We've likely finished Wave (A) and soon...
As I said in my last post. Lot's of imbalance, liquidity and stops was taken and there will be possibilities for long entries. I took a small long which is already in BE and I took some profits early. Let's see how it goes. LQP = Liquidity Pool Arrows = Inducement Points 2WT = 2 Way Trap POI = Point Of Interest
EURUSD in my opinion has a lot of short potential. Lots of liquidity and support manipulations under. I'm already BE on my position. Lets see how it goes. DBD = Drop Base Drop Supply Zone LQP = Liquidity Pool Arrows = Inducement Points 2WT = 2 Way Trap
GU and EU are mirroring. GU has some laying liquidity above. Have this in mind. Asia SSL was taken. I took profits there. EU looks like it's going down and GU also looks like it should go down but there are also signs that there might be a RAID for the orders above first. There are also news soon. I'm taking it easy. LQP = Liquidity Pool Arrows = Inducement...
LQP = Liquidity Pool Arrows = Inducement Points 2WT = 2 Way Trap Lots of liquidity resting at the overstock level. Runner left.
DBD = Drop Base Drop Supply Zone DBR = Drop Base Rally Demand Zone LQP = Liquidity Pool Arrows = Inducement Points 2WT = 2 Way Trap The first setup gave a 15+ pips reaction and then reversed (BE for me). The second setup is running 65+ pips. Watch out on the US session! Runner left.
DBR = Drop Base Rally Demand Zone RBD = Rally Base Drop Supply Zone LQP = Liquidity Pool Arrows = Inducement Points 2WT = 2 Way Trap I missed the entry from the Demand Zone because it was in Asia. I might look for new entries. Lots of liquidity to be taken. I'll be targetting the RBD supply zone.
RBR = Rally Base Rally Demand Zone LQP = Liquidity Pool Arrows = Inducement Points 2WT = 2 Way Trap Price is still moving in a way that tells me it should continue going down at least to 2024. (retracement + imbalance curve) Price nearly hit my TP. I closed most of my position and left a runner.
Analyzing the options chain and the chart patterns of PARA Paramount Global prior to the earnings report this week, I would consider purchasing the 12.50usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $1.15. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Analyzing the options chain and the chart patterns of ADI Analog Devices prior to the earnings report this week, I would consider purchasing the 195usd strike price Calls with an expiration date of 2024-3-15, for a premium of approximately $3.50. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
In this analysis I want to discuss a way to time the market. Or more precise: to time the next ETH market bottom. We don't have a lot of trading data to look at, but we have 2 instances where this strategy has worked. The strategy is simple: buy Ethereum once the weekly RSI is below 30 and enjoy the ride. Every single time that ETH has reached oversold, this was...
Hello Traders, Here is a Brief Overview About The Analysis of NIFTY 50 For Feb 20th, There Are Total of 2 Support Zones Which You Need To Look For And Same 2 Resistance Zones And To Be Mentioned One Grey Area And We Have 3 Imbalance Zones! The Horizontal Lines From Volume To Volume And OI To OI Indicates The Market Range in Between For That Particular...
The price of gold has seen a decline below $2,030, after reaching $2,040 in response to recent changes in inflation trends in the United States. Meanwhile, the yield of the main ten-year US government bond remains steadily above 4.1%, creating hurdles for the XAU/USD currency pair in seeking positive momentum. Currently, the price of gold (XAU/USD) is in a...
The price of WTI oil maintains an upward direction after Israel rejected Hamas' ceasefire agreement. West Texas Intermediate (WTI), the benchmark for U.S. crude oil, rose by 0.25% towards the end of the North American session, while the conflict between Israel and Hamas intensified with Israel rejecting a ceasefire offer. On Friday, the Israeli army continued its...