UAL United Airlines Holdings Options Ahead of EarningsIf you haven`t bought UAL before the previous earnings:
Now analyzing the options chain and the chart patterns of UAL United Airlines Holdings prior to the earnings report this week,
I would consider purchasing the 62.5usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $6.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AND
Title: Key Support Levels for Short and Long Positions: CriticalIt seems we have experienced enough upward momentum, and now, with the support level at 66,842, a short position can be considered. However, since this position goes against the main trend, it’s crucial to set a tight stop-loss to manage risk and ensure an early exit with a favorable risk-reward ratio. The next support level for this strategy could be 65,359.8.
On the other hand, if you're planning to open a long position, you might consider entering at 67,898.7, but be cautious with the stop-loss placement. A wider stop-loss would be advisable, possibly below 66,687.4, to allow room for market fluctuations.
BTC: Oops!tober Just Getting StartedFrom the previous chart of BTC the correlation of down trend in this bull market is a norm matter. Just watch how the market would create decision for more interest rate cut revival.
If BTC is doing its Head and Shoulders pattern. It would attract more buyers at the bottom.
The Diamond Shape in blue color is a Mini Diamond in the previous Big Diamond drafted.
USDJPY: Slight Bullish Bias This Week? (19/09/2024)As of September 19, 2024, traders are closely monitoring the USDJPY pair for potential bullish momentum. Several fundamental factors and market conditions indicate that the pair might see a slight upward bias this week. Let’s dive into the key drivers affecting the USDJPY price action.
1. Diverging Central Bank Policies
One of the primary influences on USDJPY is the monetary policy divergence between the Federal Reserve (Fed) and the Bank of Japan (BoJ).
- Federal Reserve’s Stance: As we move into the week, the market expects the Fed to maintain a hawkish stance or at least keep interest rates elevated. Although there’s some speculation about a possible pause in future rate hikes, the Fed's priority remains controlling inflation. This higher interest rate environment in the US makes the US dollar more attractive, pushing USDJPY upwards.
- Bank of Japan’s Ultra-Loose Policy: In contrast, the BoJ continues its ultra-loose monetary policy, aiming to stimulate Japan’s sluggish economy. Despite rising inflation in Japan, the BoJ has shown little inclination to raise rates aggressively. This Interest rate differential between the US and Japan tends to weaken the yen, giving a bullish outlook for USDJPY.
2. Risk Sentiment in Global Markets
Risk sentiment plays a crucial role in the movement of USDJPY. When global markets are in a risk-off mode, investors tend to flock to safe-haven assets like the Japanese yen, strengthening it. However, recent global economic data and financial news have maintained a somewhat stable risk appetite, leaning towards a risk-on environment.
- US Economic Data: Recent reports from the US, such as better-than-expected retail sales and strong labor market data, continue to support the narrative of economic resilience. This fuels demand for the dollar and supports USDJPY’s bullish momentum.
- Global Geopolitical Risks: While geopolitical tensions in regions like Europe and the Middle East may inject some volatility, there hasn’t been a major shift toward a risk-off sentiment that would heavily favor the yen. For now, dollar strength seems to dominate.
3. Japanese Economic Conditions
Japan’s economy continues to struggle with low growth despite rising inflation. The BoJ’s consistent approach to stimulus, combined with the government's push for wage growth, has not yet translated into significant yen strength. Additionally, trade deficits in Japan, exacerbated by higher import costs, have weighed on the yen’s valuation.
Without a major shift in BoJ policy or a significant improvement in Japan's economic performance, the yen will likely remain under pressure, keeping USDJPY on a slightly bullish path.
4. US Bond Yields
US Treasury yields are another major factor driving the USDJPY. Higher US bond yields, often seen in response to tighter monetary policy and strong economic data, make the dollar more attractive to foreign investors. The upward trajectory of bond yields has been a persistent theme, reinforcing dollar strength. If this trend continues through the week, we can expect additional support for USDJPY.
5. Technical Indicators
Looking at the technical analysis for USDJPY, the pair has been trading near key resistance levels in recent sessions. If the pair breaks above these resistance zones, we could see further bullish momentum.
- Key Support and Resistance Levels: The 145.00 level has been a psychological support level for USDJPY, while 148.50 serves as resistance. Should the pair break beyond this resistance, it could trigger more buying pressure, pushing USDJPY higher.
Conclusion: USDJPY’s Slight Bullish Bias
In conclusion, the USDJPY pair is expected to exhibit a slight bullish bias this week, primarily driven by:
- Monetary policy divergence between the Fed and BoJ.
- Favorable US economic data and rising Treasury yields.
- Limited economic growth in Japan, with persistent trade deficits.
- Stable global risk sentiment supporting the dollar over the yen.
Traders should keep an eye on US bond yields, Fed comments, and any sudden shifts in risk sentiment or geopolitical events, as these could influence USDJPY’s trajectory throughout the week.
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Keywords:
- USDJPY forecast
- USDJPY bullish bias
- USDJPY analysis September 2024
- USDJPY technical analysis
- USDJPY key drivers
- USDJPY trading strategy
- USDJPY and Federal Reserve policy
- USDJPY support and resistance levels
- USDJPY risk sentiment
- USDJPY bond yields impact
4HR shows downtrend But we can have a small bullish trend If we break the low of the 1h we shall go short for a very long time until we reach the demand zone of the lower trendline in the four hour trendline. If its not broken we go long. Just waif for confirmation. BREAK AND RETEST THEN ROLL. if its a 3 bar confirming rejection I go long.
HPE Hewlett Packard Enterprise Company Options Ahead of EarningsIf you haven`t sold HPE before the previous earnings:
Now analyzing the options chain and the chart patterns of HPE Hewlett Packard Enterprise Company prior to the earnings report this week,
I would consider purchasing the 19usd strike price Calls with
an expiration date of 2024-9-6,
for a premium of approximately $1.07.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Short Trade of EURUSD1- The Euro Index is reaching a resistance and then falling down
2- The dollar index is reaching its support line and then going up
*** which means EURUSD will be downtrend
TP: 100% of the previous correction swing will be at least the profit
ST: First resistance of the price near above and close to it
Gold prices enter a recovery period and the plunge is overOANDA:XAUUSD Against the backdrop of concerns about economic recession, global assets are experiencing a sell-off.
But as a safe-haven asset, shouldn't gold rise? Instead, it followed the sharp drop of $100.
This situation is very abnormal, so I don't think gold will continue to fall. Once investors calm down and look back, gold will soon highlight its safe-haven characteristics.
The market now believes that the probability of the Federal Reserve cutting interest rates by 50 basis points in September is 90%, and the US dollar index is also falling, and the probability of gold prices continuing to fall is shrinking.
And the Middle East geopolitical crisis has not yet passed, and you don't know when it will break out again, leading to rising risk aversion.
Under the above multiple premises, we should not be overly bearish on gold
Technically speaking, 2420 is a watershed, which has already highlighted its importance in the previous trends that have served as resistance and support many times. Once it breaks through, it will open up room for growth.
On the contrary, gold will maintain a low-level oscillation pattern, because such actions will be carried out after a big drop or a big rise. The main support area below is 2380-2365. Be prepared to sell if it falls below.
★Welcome to share your views and questions below, let's discuss TVC:GOLD 's latest ideas
GBPUSD idea invalidation (idea correction)News pushed the price through the resistance level. Expect a potential retest of around this level (1.28214). If resistance becomes support, the price may continue in the direction of the current prevailing trend. However, if the price breaks this support level with momentum, it may reverse. In that case, we'll wait for a retest of support now become resistance (again), and confirm the reversal by new lower high or lower low.
Narrative Analysis and Market Insights | EU & EJ - 09 June, 2024Join me as I dive into my daily analysis routine, conducted every evening before the market opens. I'll show you how I decide whether to trade or stay out of the market the following day. My strategy revolves around trading just two currency pairs, and I'm excited to share my insights with you. Stay tuned for regular updates and trading tips.
Alikze »» ONE | Wave 3 or C bullish scenarioAccording to the previous analysis, the currency of Harmony One reached its target. Currently, it is in the microwaves of rising wave 3, which can increase this wave to 0.063. to continue But in the higher time, it is expected that the started wave will return at least 100% of its previous wave to the area of $3.27. But in short-term goals, the specified supply areas can be considered as profit limits.
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PSFE Paysafe Limited Options Ahead of EarningsIf you haven`t bought PSFE before the previous earnings:
Then analyzing the options chain and the chart patterns of PSFE Paysafe Limited prior to the earnings report this week,
I would consider purchasing the 15usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $1.42.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BABA Alibaba Group Holding Limited Options Ahead of EarningsIf you haven`t bought BABA before the previous earnings:
Then analyzing the options chain and the chart patterns of BABA Alibaba Group Holding Limited prior to the earnings report this week,
I would consider purchasing the 110usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $2.74.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Alikze »» KSM |Upward wave 5 scenarioAccording to the analysis of the previous post, both targets are touched with the support of $40. Again, after touching the bottom of the channel, there is a demand that will be able to break this supply area to the $59 range. But in the daily and weekly time, it is in the 5th rising wave, which will at least have the ability to reach the previous supply range or the previous major ceiling. After completing this cycle in the weekly time, if the $100 area is broken, its path will be paved to the $250 area to continue climbing.
🟩Sup:50
⛳️Tp 1:59
⛳️ Tp2 : 64
⛳️ Tp3 :81- 87
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AMD Advanced Micro Devices Options Ahead of EarningsIf you haven`t bought AMD on the strong buy rating:
Then analyzing the options chain and the chart patterns of AMD Advanced Micro Devices prior to the earnings report this week,
I would consider purchasing the 170usd strike price Calls with
an expiration date of 2024-5-3,
for a premium of approximately $2.39.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
IBM International Business Machines Options Ahead of EarningsIf you haven`t bought the dip on IBM:
Then analyzing the options chain and the chart patterns of IBM International Business Machines prior to the earnings report this week,
I would consider purchasing the 170usd strike price Puts with
an expiration date of 2024-5-17,
for a premium of approximately $2.29.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
TMUS T-Mobile US Options Ahead of EarningsIf you haven`t bought TMUS before the previous earnings:
Then analyzing the options chain and the chart patterns of TMUS T-Mobile US prior to the earnings report this week,
I would consider purchasing the 155usd strike price Puts with
an expiration date of 2024-11-15,
for a premium of approximately $4.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Alikze »» EURUSD | Wave 5 correction scenario from leg CIn the daily time, it moved up after a complete 5-wave cycle, which is currently correcting the previous movement wave in a complex three-wave cycle. The last correction log after the breaking of the support area that corrected itself at 61.8 the previous wave has broken the area downwards, which is currently a resistance area for it. This upward correction wave of wave 4 is a correction of a full cycle of the correction log of wave C, which can continue until the support floor before this correction in the form of wave 5, which can include 5-wave correction microwaves, until the support zone. If the behavior and structure of the post changes, it will be updated.
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CLF Cleveland-Cliffs Options Ahead of EarningsIf you haven`t bought the dip on CLF:
Then analyzing the options chain and the chart patterns of CLF Cleveland-Cliffs prior to the earnings report this week,
I would consider purchasing the 22usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $2.93
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.