Hello everyone, let's discuss and come up with a strategy for the new day! In general, ETHUSDT experienced significant fluctuations yesterday, with the market responding strongly to the price increase. As of now, the price is trading around $3,936, below the psychological resistance level of $4,000, marking a 1.89% increase for the day. On the 1-hour chart,...
Hello everyone, let's discuss and plan our strategy for the new day! In general, ETHUSD is continuously heading towards new highs. It is currently trading around $3,936, after reaching $4,002, marking a 1.13% increase in the day. The upward trend is strong as it consolidates at a high level with stable trading activity on the 4-hour time frame. My strategy is...
If you haven`t bought MANU before hitting the previous price target: Then analyzing the options chain and the chart patterns of MANU Manchester United prior to the earnings report this week, I would consider purchasing the 14usd strike price Puts with an expiration date of 2024-6-21, for a premium of approximately $1.03. If these options prove to be profitable...
Hello everyone, let's discuss and come up with a new strategy for the day together! Overall, BTCUSDT has been consistently moving sideways within a range of 68,000-65,625 compared to yesterday. As I mentioned earlier, I still prioritize buying with the potential formation of a DOW pattern. It is currently trading at a new high of 67,596, after reaching 68,000,...
Hello, dear friends! Today, EURUSD maintains a positive trajectory within the ascending price channel. The uptrend finds support as the USD softens, influenced by the dovish tone set by Fed Chair Jerome Powell. Nevertheless, I'm anticipating selling EURUSD as it approaches the upper boundary of the rising channel. An expected retracement may test the supports...
Hello everyone, let's discuss and plan our strategy for the new day! In general, USDJPY has experienced significant price fluctuations, reaching around 150.89 and consistently trading sideways around 149.00. Currently, the price has quickly surpassed 149.00, trading at 147.81, marking a 0.15 decrease for the day. Latest information on USDJPY: The USD/JPY pair...
Hello everyone, let's discuss and come up with a strategy for the new day. In general, SOLUSDT has broken out of the upward channel at 144.76, indicating a potential downside. On the 1-hour chart, an immediate resistance level can be seen at 148.20, which may push the price back to test the EMA 34.89.
Work religiously irrespective of temporary failures, have risk management systems in place As a seasoned derivatives trader with over a decade of experience, I find myself continuously drawn to the dynamic nature of the market. Inspired by familial ties and fueled by a passion for challenge, my journey into this realm began with humble internships and has...
Hello everyone, let's discuss and come up with the latest strategy from the XAUUSD chart! Overall, the price has been consistently rising in the market, aiming for new highs of the day despite profit-taking at high levels. Currently, it is trading around $2156 after reaching $2161, highlighting a 0.39% increase for the day. So, what are the reasons and factors...
... for a 19.90 debit. Comments: Looking to establish a position in FXI over time on weakness via monied covered calls to emulate selling a 25 delta short put, but with built-in downside defense via the short call and to take advantage of call side IV skew. The underlying also has a dividend that pays out in June and December, but with somewhat variable...
Hello everyone, let's discuss our strategy for the new day! Overall, XAUUSD has experienced a significant price increase yesterday, surpassing the resistance levels of 2050 USD and 2070 USD. It is currently trading at a new high of 2082 USD, after reaching a milestone of 2088 USD, marking a new closing high for the week at 2082 USD. So, what are the reasons and...
Hello everyone, let's explore the price of gold and our strategy for the new day! In general, GBPUSD has experienced a significant increase, surpassing the daily low of 1.2690. It is currently trading around the new high of 1.2732, after reaching a milestone of 1.761, marking a 0.03% increase for the day. So, what are the reasons and factors that have driven this...
Hello everyone, let's come up with a new strategy for the day! In general, EURUSD experienced a strong price recovery last week, completely surpassing the level of 1.0820. It is currently trading at a new high of 1.0843, after reaching the milestone of 1.0850, marking a 0.05% increase for the day. So, what are the reasons and factors that have driven this...
Hello everyone, let's discuss and plan our strategy for the new day! Today, XAUUSD continues to receive support from the EMA 34. The price has experienced a strong volatility, breaking away from the psychological level of $2080. So, what are the reasons and factors driving this yellow metal? In terms of influencing factors, the price of gold has been supported...
Gold in the XAU/USD pair has ascended for a seventh straight day, though it has shed some momentum. Overbought conditions are making it challenging for the pair to extend gains further, hinting at a potential price correction or a consolidation phase ahead. Technically, the daily chart displays oscillators hovering at extreme levels, indicating a likelihood of an...
Hello everyone, let's discuss and come up with our new strategy for the day! Overall, GBPUSD has experienced significant volatility, surpassing the 1.2755 level. It is currently trading at a new high of 1.2807, after reaching a peak of 1.2820, marking a 0.01% decline for the day. GBPUSD information: The GBP/USD pair has held steady above the psychological...
Hello everyone, today the GBP/USD exchange rate saw a 0.31% increase during the North American trading session, reaching 1.2746 after climbing from the daily low of 1.2690. The UK's Spring Budget announcement and testimony from Federal Reserve Chairman Jerome Powell have bolstered this currency pair's rise, positioning it to potentially retest the 1.2800 mark once again.
Hello everyone, let's discuss and come up with our strategy for the new day! XRPUSDT is currently trading around the level of 0.6243 and is performing well within an upward price channel on the 1-day chart. It can be observed that XRPUSDT is operating near the resistance level of 0.6485, with immediate support at 0.5730. Breaking above the mentioned resistance...