If you haven`t bought HOOD before the previous earnings: Then analyzing the options chain and the chart patterns of HOOD Robinhood Markets prior to the earnings report this week, I would consider purchasing the 20usd strike price Calls with an expiration date of 2024-9-20, for a premium of approximately $2.22. If these options prove to be profitable prior to the...
Hey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 77.70 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 77.70 support and resistance area. Trade safe, Joe.
Hello,Traders! CRUDE OIL has made a Retest of the rising support Line and it is making A bullish rebound so Our local bullish bias Is confirmed and we will Be expecting a further Bullish move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The world gold price is currently trading around 2320 USD. "The recent downturn in gold prices we've seen over the past few weeks may be weakening. US employment figures have weakened the USD, creating an opportunity for the world gold price to rise," an expert noted. According to technical analysis, in the short term, the next resistance level for gold is 2,360...
Here is our detailed technical review for GOLD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 2321.11. Taking into consideration the structure & trend analysis, I believe that the market will reach 2404.25 level soon. P.S The term oversold refers to a...
Hello,Friends! EUR-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.658 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/AUD pair. ✅LIKE AND COMMENT MY IDEAS✅
BINANCE:FETUSDT (1D CHART) Technical Analysis Update FET is currently trading at $2.366 and showing overall bullish sentiment Price has broke out from the resistance line successfully and we are seeing bullish momentum for FET We can expect this bullish momentum to continue and we have good opportunity for a LONG trade here. Entry level: $ 2.15-2.36 Stop Loss...
Hello everyone! The EUR/USD surged to 1.0800 as the US Dollar weakened during the early trading session on Friday in the US. The greenback faced a significant sell-off following the US Bureau of Labor Statistics (BLS) report, indicating soft labor demand and slowing wage growth for April. This caused the US Dollar Index (DXY) to hit a three-week low, providing...
Last week, the market had access to a plethora of US economic data, including the FOMC interest rate decisions, non-farm payroll reports, and service sector production data. These reports all indicated that the Fed would maintain the current USD interest rates. The reduced expectations for a rate cut in June meant that gold had to continue its adjustment...
If you haven't sold HUMA before the previous earnings: Then analyzing the options chain and the chart patterns of HUMA Humacyte prior to the earnings report this week, I would consider purchasing the 5usd strike price Calls with an expiration date of 2024-9-20, for a premium of approximately $1.22. If these options prove to be profitable prior to the earnings...
BINANCE:BTCUSDT (4H CHART) Technical Analysis Update BTC is currently trading at $63394 and price has retested after breaking out from the channel. If this retest holds then we can expect the price to continue in bullish direction. We are confident the price will hold and bounce back successfully after the retest and this gives us a good opportunity for a long...
Hello there, What are your thoughts on BTCUSD? In the short to medium term, I continue to favor buying strategies as it undergoes a new recovery phase, currently hovering around $65,000 and showing a 2.80% increase for the day. However, upon closer examination of the technical charts, indicators such as RSI and trend lines are showing signs of divergence,...
Trading Plan: Long Position Entry..! 1. Market Situation: - Currently heading towards the 1w +fvg (insert specific market or asset). - Anticipating a price action to reach the 4h fvg (four-hour Fibonacci retracement level). 2. Expected Scenario: - Anticipating a potential rejection at the 4h fvg level. 3. Response Strategy: - If the expected rejection occurs,...
Gold / XAUUSD has potential for a small bullish pump over the next few days; followed by a bearish correction. We have some Buy Signal Momentum currently going; it hasn't ended yet but this current bar is displaying it; this implies now is still considered to be a good time to buy but may not be tomorrow! The buy rating started at 1☆ and is closing at a 2☆; this...
Hello,Traders! NZD-USD broke out of The big opening wedge Pattern and the breakout Is confirmed so we are Locally bullish biased And we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
If you haven`t bought AMZN before the previous earnings: Then analyzing the options chain and the chart patterns of AMZN Amazon prior to the earnings report this week, I would consider purchasing the 175usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $12.95. If these options prove to be profitable prior to the earnings...
Hello,Friends! USOIL pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 81.20...
Gold prices (XAU/USD) halted a two-day decline during the European trading session on Monday. Weaker-than-expected US employment reports have raised the likelihood of the Federal Reserve cutting interest rates in September, which weakened the US dollar and boosted the price of gold priced in USD. However, there's concern that easing tensions in the Middle East,...