The analysis on gold presents a complex picture influenced by various factors. Initially, the precious metal recorded a significant loss, exceeding 2% during the day and dropping below $2,340. This decrease was primarily attributed to the easing geopolitical tensions, which prompted a deep correction in the XAU/USD market. Additionally, the resilience of US...
If you haven`t bought the dip on PM: nor sold the top: Then analyzing the options chain and the chart patterns of PM Philip Morris International prior to the earnings report this week, I would consider purchasing the 92.50usd strike price Puts with an expiration date of 2025-1-17, for a premium of approximately $5.80. If these options prove to be profitable...
Hello traders! The pair XAU/USD has increased to historically high levels at (2430.00). In my opinion, the price has to decrease to (1840.00). Fast movements can be expected. Be careful! Patience is the main key to success. Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
I use the same strategy every morning to make money. No emotions involved. The risk to reward was 6/1.
The USD at the start of the year was trading near the 100 lvl but has managed to push above the 106 lvl in a little over a few months. If price is able to break out of the 107 lvl, there isn't to many resistances for the USD to break (the 108 could be one) and price might be able to hit the 114 lvl made in 2022. With the CPI data coming in a little higher then...
Analyzing the options chain and the chart patterns of STZ Constellation Brands prior to the earnings report this week, I would consider purchasing the 270usd strike price Calls with an expiration date of 2024-4-12, 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.
Detailed Analysis on USD/JPY Recent Market Dynamics The Japanese Yen has recently attracted some buyers and recovered a portion of the losses incurred after Wednesday's US CPI release. Concerns about potential intervention by Japanese authorities, coupled with a weaker risk tone, have supported the JPY and exerted pressure on USD/JPY. Divergent Monetary Policy...
The pound started the week with a slight bullish tone against the US dollar. This increase was favored by a slightly weaker dollar, accompanied by a moderate risk appetite in the market. This scenario allowed the pair to extend its recovery from the lows recorded after the Nonfarm Payrolls (NFP) report, bringing it back towards the 1.2600 level. Positive...
Hello traders, BINANCE:GALAUSDT I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
🕵️♂️ Let's analyze the GBPCHF forex pair for trading in futures. 📉 This currency pair is mostly bearish in higher time frames and cycles, indicating the recent weakening of Great Britain over the past few years just from the chart. 💪 In the 4-hour timeframe, we've had an uptrend and reached a significant resistance in the daily and weekly range around 1.14731,...
On the 2H chart ACB a penny stock appears to be heading down after an uptrend into VWAP band resistance. The HMAs have put ina death cross and the lines are downward and under the histogram. The dual time frame RSI indicator shows the lines falling through the 50 level. This stock offers shares under $ 1.00 each and also put options. It is likely not...
If you haven`t bought the dip on LEVI: Then analyzing the options chain and the chart patterns of LEVI Strauss prior to the earnings report this week, I would consider purchasing the 21usd strike price Calls with an expiration date of 2024-10-18, for a premium of approximately $1.72. If these options prove to be profitable prior to the earnings release, I would...
Analyzing the options chain and the chart patterns of SMPL The Simply Good Foods Company prior to the earnings report this week, I would consider purchasing the 35usd strike price Puts with an expiration date of 2024-4-19, for a premium of approximately $1.90. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Gold consolidates below $2,300 after record-setting upsurge Gold stays in a consolidation phase and trades below $2,290 after reaching a new record-high above $2,300 earlier in the day. The benchmark 10-year US Treasury bond yield holds steady above 4.3% ahead of Fedspeak, limiting XAU/USD's upside. Gold has been considered a highly valuable commodity for...
The British Pound experienced a significant decline during the mid-North American session, primarily due to the outlook of US economic data, which could influence the Federal Reserve's interest rate decisions. Optimism regarding the strength of the US economy bolstered the US Dollar, while US Treasury yields increased significantly, exerting additional pressure on...
The analysis on EUR/USD shows a strong bearish pressure that led the cross to touch its lowest level since mid-February, dropping below the level of 1.0750. The daily chart indicates that EUR/USD is confined within a 20 pip range below the level of 1.0803, which corresponds to the 61.8% Fibonacci retracement of the previous rally from 1.0694 to 1.0981. In the...
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics. BUY NOW
The beginning of the week saw the US dollar strengthen, pushing the EUR/USD below the key support level of 1.0900. A break of the March peak at 1.0981 is expected to lead the pair to challenge resistance at 1.0998 and the psychological barrier at 1.1000. However, a potential drop below the 200-day moving average at 1.0838 could push the pair to the 2024 low of...