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2019

GBPUSD: Teases monthly support line amid Brexit, covid doldrumsGBPUSD pays a little heed to the price-negative catalysts during early Monday. In doing so, the cable ignores confirmation of a four-week delay in the UK’s unlock as well as an anticipated bumpy road for the next round of Brexit talks as EU policymakers pushed Britain to respect previously agreed deal over the Northern Ireland (NI) protocol. The corrective pullback seems technical as a monthly ascending support line tests the pair sellers around 1.4085. Even if the sterling bears dominate past-1.4085, 1.4010-4000 area comprising 50-day SMA, May 13 low and April’s top will be the key to watch. Meanwhile, further upside could aim for 1.4180 immediate hurdle ahead of challenging the 1.4200 crucial resistance. It’s worth noting that a daily closing beyond 1.4200 needs a daily close beyond the latest top surrounding 1.4265 to aim for the 1.4300 and the 1.4370 numbers to the north. Overall, GBP/USD remains firm but a pullback can’t be ruled out.
Long
by MTradingGlobal
Medical investing opportunity CTIAs one of my hobbies is thinking about different spheres of possible crypto-influence, i am always looking into something new. For example, medicine in which data science has taken it's toll. One of project like this, which I found on twitter, was ClinTex. One of strategies for investing is to diverse your funds and think about net-profit which it wil give you in a year or two. These guys are a good possible investment from the getgo. I layed for you some foundation which you could use in your short-time trending with some interesting analysis of future growth and points of entry into this sphere. Enjoy!
by Rodrigo_Fontes
SINGAPORE COVID-19 WAve 3 Projection Update VIAs projected, and not optimistic and overconfident about the downward momentum, the MACD Histograms are again increasing, and about to break above zero. This leads into the insight and foresight that the week to come should see more detected cases, and also more clusters probably. We need to understand that virus infections work in waves, and this method allows a reliable tracking based on data analytics, simply on the MACD histograms. PS. apologies for the mislabeling of colours of the arrows in the last update. Rectified.
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by Auguraltrader
CHINA COVID-19 Projection Update IIAgain, reference idea posted on 19 May, China is a "small" wave two weeks later; Guangdong province. News articles: Today 4 June - S'pore to bar short-term visitors with travel history to China's Guangdong province as Covid-19 cases surge 2 June - China’s Guangdong tightens coronavirus measures as cases persist 21 May - China rolls out one-dose vaccine amid new round of Covid-19 infections No Guangdong at this time... only Yunnan, Anhui and Liaoning Again, the MACD Histograms are pre-empting the waves, at least 2 weeks in advance. This time applicable to China's data.
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by Auguraltrader
SINGAPORE COVIS-19 Wave 3 Projection Update IVWhile the weekly chart still show some momentum, the daily chart has plateaued as expected (from update III) and the MACD histograms have started to decrease. This means that as we grapple with the current situation, with a pseudo lockdown, the effects are observable as we catch up with the curve. This downtrend needs to continue consistently for the next two weeks. Any flare up would mean we missed a part of the next infection generation and are actually in the eye of the storm instead of on the way out of the storm. Let us see...
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by Auguraltrader
MALAYSIA COVID-19 situation snapshotLooking at the MACD projection model for Malaysia, it is rather alarming... The current wave is Wave 2 for Malaysia and it is accelerating at a faster pace than previously. suggesting that the plateau for this wave is further out, being months at least. Unless, a lot is done to control the situation pronto. As I am not privileged to the local happenings, I can only see from the chart that there is a bigger wave in Malaysia compared to Singapore. Being close neighbours, it would be a while before clearance, and may even affect Singapore in some not so direct way in the future as well. Take care everyone!
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by Auguraltrader
SINGAPORE COVID-19 Wave 3 Projection Update IIILast week, an update was made and projected that this Wave 3 was to be more significant and previous, as well as longer in duration. The days passed with events that corroborated with the projection, and in fact, surpassed the projection. The MACD histograms had crossed sooner than expected and the MACD lines show the momentum of the up trend. What this translating into is that this Wave is growing and becoming larger as the days go by. The previous projection was still underestimating the amplitude of the wave; which now looks larger and longer to contend with. By estimating the the momentum, together with virus infection dynamics and including measures imposed, it may be reasonable to expect at least 6-8 weeks before we see the plateau. This would bring us into July 2021. Check in again next week... meanwhile, stay safe, seriously.
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by Auguraltrader
COVID-19 analysis. Please be hyper viggilant.For public awareness void of media or political bias. I wish not to scaremonger but to provide an analysis where early signs of another wave are evident, as per my civil duty. Analysing this set of data is very different in approach due to how complex measurement of a pandemic is, and the various metrics and other substantive data to contextualise. However, I simply explain as I did in the previous analysis - where such an area is 'broken' (significance of area is validated by trend line applicability contasted againt last area of concern and the correlation between the two) there is an increased risk of accelerated transission plus the latency period, on average 3-5 days but up to maxium of 10 days. My apprehension regarding the MA 50 and how it currently presents is indicative, based on previous methodology in analysis of COVID, that we may be in the early phase of another wave. Don't fall victim to complacency, increase measures to keep yourself safe and raise awareness where appropriate.
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by UnknownUnicorn6513259
UK COVID-19 Next Wave ProjectionI was just having a conversation with a Singaporean good friend who lives in London, and called this afternoon upon learning about the (earlier expected) stricter measures that was just announced this afternoon. We were exchanging views on how the countries differ in the management of the pandemic, and the consequent success and failures. Then mentioned that UK may be next... and I offered to use the same MACD system to project for the UK from the current known status. In the chart above, the MACD corroborates that the situation in the UK had somewhat stabilized over the last two months after their Easter lockdown. Thing is, there appears to be a levelling off, and the arc drawn is projecting how it might turn out over the next weeks... and projection made that the start of a spike is at the end of June, into July. IF this projection is on point, then outnbreak news should be seen in the latter part of July. Let's test this system again! Meanwhile... do take care, stay safe, stay healthy, especially if you are in the UK.
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by Auguraltrader
Humanigen ($HGEN) with a lot of potentialThe COVID-19 pandemic is holding the world, the economy and our health in a tight grip. So far Biontech/Pfizer have been successful with their vaccination, but as the virus mutates, it is unclear how effective the vaccination is. Many COVID-19 infected patients have to be hospitalized with a need for mechanical ventilation and that is where Humanigen plays a major role. Humanigen reports positive Phase 3 topline results demonstrating that their drug under the name Lenzilumab™ improves survival without need for mechanical ventilation. These news are really huge and better yet: Humanigen has requested an Emergency-Use-Authorization (EUA) from the FDA. Now looking at the price development of the share, there were some nice intraday profit taking (PT) opportunities, but the stock has actually a potential to grow much more. Look at the trading range and monthly levels to set your PT levels. There was a nice retest of the support level (at 15$ and a bit below), which had provided and excellent opportunity to buy in cheap, but catching a falling knife takes a lot of practice (I rarely succeed myself, but I was lucky with this particular trade). Have your PT goal in mind, because most of the times people lose money, because they become to greedy or don't cut losses (had to learn this the hard way myself :D). Other than that, I am really optimistic on the upwards potential of this gem. - This is no financial advice, so trade with care - For transparency: I am invested in $HGEN with 1/3 of my stock portfolio and usually keep 2/3 for dollar cost averaging.
HLong
by RedFoxTrading
2
USOIL - THE MAIN PROBLEM IS STILL INCREASING COVID !SHORT DESCRIPTION: - Nothing has changed! We are still inside DOWN TREND channel (long and short term)! - During Monday trading a huge "HANGING MAN" candlestick has formed, which is a BEARISH SIGNAL! - (Bloomberg) "Oil slipped with the rapid resurgence of COVID-19 in India and other countries casting a cloud around a return to normal consumption, even as OPEC+ projected a strong global demand recovery this year." - (Bloomberg) "Indian Oil Corp. is looking to sell gasoline into the spot market -- a potential indication of weak domestic demand. The country’s refiners are being forced to postpone planned shutdowns for maintenance at some plants as workers are either fleeing or falling ill." - Overall we are still VERY BEARISH! GLOBAL OUTLOOK (nothing has changed): - Record COVID cases in INDIA (the world’s third-largest oil importer) could threaten Global Oil Demand! - The biggest cities in INDIA are on lockdown again this month! - India’s combined demand for diesel, the most used fuel in the country, and for gasoline is set to plunge by as much as 20% (!) this month compared to March, officials from refiners and fuel retailers told Bloomberg. - Also rising COVID cases in JAPAN (the world’s fourth-largest oil importer)! - Japan has declared a state of emergency (shutdown) for Tokyo, Osaka, Kyoto and Hyogo from April 25 till 11th May to stop people from travelling and spreading the virus during Japan’s Golden Week holidays from late April through the first week of May! - And last but not least GERMANY (the world’s sixth-largest oil importer) faces lockdown (curfew) until June as curbs fail to push down cases! - And not to forget, on April 1, OPEC+ said it would gradually lift daily oil production by 350,000 barrels in May, 350,000 barrels in June, and 441,000 barrels in July and holding back around eight million barrels a day of output! - All in all, globally it don't look good for oil demand within the next months!
TVC:UKOILShort
by dresipent
USOIL - THE MAIN PROBLEM IS STILL INCREASING COVID !SHORT DESCRIPTION: - Nothing has changed! We are still inside DOWN TREND channel (long and short term)! - During Monday trading a huge "HANGING MAN" candlestick has formed, which is a BEARISH SIGNAL! - (Bloomberg) "Oil slipped with the rapid resurgence of COVID-19 in India and other countries casting a cloud around a return to normal consumption, even as OPEC+ projected a strong global demand recovery this year." - (Bloomberg) "Indian Oil Corp. is looking to sell gasoline into the spot market -- a potential indication of weak domestic demand. The country’s refiners are being forced to postpone planned shutdowns for maintenance at some plants as workers are either fleeing or falling ill." - Overall we are still VERY BEARISH! GLOBAL OUTLOOK (nothing has changed): - Record COVID cases in INDIA (the world’s third-largest oil importer) could threaten Global Oil Demand! - The biggest cities in INDIA are on lockdown again this month! - India’s combined demand for diesel, the most used fuel in the country, and for gasoline is set to plunge by as much as 20% (!) this month compared to March, officials from refiners and fuel retailers told Bloomberg. - Also rising COVID cases in JAPAN (the world’s fourth-largest oil importer)! - Japan has declared a state of emergency (shutdown) for Tokyo, Osaka, Kyoto and Hyogo from April 25 till 11th May to stop people from travelling and spreading the virus during Japan’s Golden Week holidays from late April through the first week of May! - And last but not least GERMANY (the world’s sixth-largest oil importer) faces lockdown (curfew) until June as curbs fail to push down cases! - And not to forget, on April 1, OPEC+ said it would gradually lift daily oil production by 350,000 barrels in May, 350,000 barrels in June, and 441,000 barrels in July and holding back around eight million barrels a day of output! - All in all, globally it don't look good for oil demand within the next months!
TVC:USOILShort
by dresipent