DDOG Datadog Options Ahead of EarningsAnalyzing the options chain and the chart patterns of DDOG Datadog prior to the earnings report this week,
I would consider purchasing the 80usd strike price Puts with
an expiration date of 2023-11-17,
for a premium of approximately $3.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
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CVNA Carvana Options Ahead of EarningsIf you haven`t bought CVNA here:
Then analyzing the options chain and the chart patterns of CVNA Carvana prior to the earnings report this week,
I would consider purchasing the 25usd strike price in the money Calls with
an expiration date of 2023-11-17,
for a premium of approximately $3.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
GBPUSD The BoE release a fresh macro forecastOn the Federal Reserve side, investors will be left wondering how they view the Fed's stance, especially the recent strong economic report, as it could give officials a reason to continue raising interest rates. We are also awaiting further guidance on the Fed's stance, including how that will affect its policy stance. However, inflation and job creation have slowed since the September meeting, suggesting the Fed will end its tightening cycle without raising rates for the remainder of 2023. Markets have already priced in a pause in Wednesday's announcement, and while a December rate hike remains unlikely, the central bank's stance is likely to impact expectations for its final meeting in 2023.
GBPJPY Despite further YCC correction, the BOJ disappoints The BOE is losing credibility because it is stimulating the economy too little, too late. At this week's MPC meeting, Governor Bailey will have to hide behind his message that inflation will persist for longer as it becomes more entrenched, but policymakers are keeping interest rates on hold amid concerns about the economy. UK government bonds are poised to match the general global direction and rising yields, with 10-year bonds continuing to rise towards 5%
GBPCAD still on trendFurther interest rate hikes are likely to further worsen a struggling economy, but concerns continue to rise that the Bank of England is taking too much risk in taking action and exposing the UK economy to further inflation. There is.
On the U.S. side, investors are hoping and pleading that the Fed will move into a rate-cutting cycle sooner rather than later, but with the economy stable and downside risks limited, the Fed will continue to hold interest rates for longer periods of time. It will be maintained at a high standard.
The Bank of Japan is considering adjusting YCC to allow 10-year According to the Nikkei Shimbun, which correctly warned just before the Bank of Japan's last YCC adjustment, after several YCC adjustments, the Bank of Japan realized that it was once again in a trap, and the Japanese government "may take 10 years" It seems that further adjustment is required. It's now possible. ``Bond yields are expected to exceed 1%'' at Tuesday's policy meeting.
Long-term interest rates are currently capped at 1%, and the central bank conducts unlimited fixed-rate purchases to keep yields below that level, weakening the yen and further increasing inflation.
GBPUSD The British pound is in a safe price zone Chart The British Pound defended the confluence support at 1.2084/89 throughout the month. This range is defined by the targeted year-to-date open and 78.6% year-to-date retracement. range. Price has fallen just above this threshold and monthly opening resistance is currently at 1.2199. The focus will be on a breakout of this short-term range by the end of the month. Keep in mind that BOE and Fed interest rate decisions are at stake, and US non-farm payrolls are expected to be released on Friday.
GBPJPY Ueda faces risk of market collapse as Bank of Japan weighMr. Kazuo Ueda of the Bank of Japan is in a predicament. If he sticks to policy this week, there is a risk that the yen will fall to a 10-year low and the yield control program will come under attack from speculative markets.
If the Governor simultaneously raises the upper limit of 10-year yield curve control, either explicitly or implicitly, the Governor could raise long-term interest rates to levels that are inconsistent with economic fundamentals, which is the Governor's goal. The achievement of stable inflation would be at risk.
In a sign of how tense the monetary policy debate will be, BOJ officials are likely to monitor developments in yields right before deciding whether to adjust the YCC, the people said.
PINS Pinterest Options Ahead of EarningsIf you haven`t sold PINS, which reached its Price Target here:
Then analyzing the options chain and the chart patterns of PINS Pinterest prior to the earnings report this week,
I would consider purchasing the 25usd strike price in the money Puts with
an expiration date of 2023-11-17,
for a premium of approximately $1.96.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
F Ford Motor Company Options Ahead of EarningsIf you haven`t bought F here:
or sold before the previous earnings:
Then analyzing the options chain and the chart patterns of F Ford Motor Company prior to the earnings report this week,
I would consider purchasing the 11.50usd strike price Puts with
an expiration date of 2023-10-27,
for a premium of approximately $0.31.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
EURUSD USD gains momentum as government bond yields rise againEUR/USD was little changed as traders awaited further stimulus following the release of disappointing Eurozone PMI data. Germany's Ifo business report showed business confidence improved from 85.8 in September to 86.9 in October, but this did not provide additional support for European currencies.
From a technical perspective, EUR/USD is unable to settle above the resistance at 1.0670-1.0700 and is heading towards the next support at 1.0520-1.0550.
GBPJPY Yen weakens to match low for year, raising intervention rTOKYO: Japanese Finance Minister Shunichi Suzuki said on Thursday that authorities would closely monitor the yen's movements after it fell by more than 150 points against the dollar, and continued to warn investors on Thursday against selling the currency.
Pressure is mounting on the Bank of Japan to change its management of bond yields as interest rates rise globally. Reuters reported this week, citing sources familiar with the matter, that a possible increase in the current yield cap, which was set just three months ago, is being discussed ahead of next week's monetary policy meeting.
GBPUSD The downward trend is clearly evidentGBP/USD is losing some ground as traders focus on rising US Treasury yields. The 10-year Treasury yield rose again above 4.90%, while the 30-year Treasury yield rose above 5.05%.
The RSI remains in the moderate region, giving GBP/USD a good chance to gain further bearish momentum and head towards the next support between 1.2000 and 1.2030.
GBPCAD Experts predict the Canadian economy is entering a recessRBC economist Nathan Janzen stated that the Statistics Office`s estimate isn't extensively one-of-a-kind from RBC's estimate of 0.5% boom and is simplest barely decrease than the estimate of 1 .5% of BoC.
Normally, forecasts of monetary recessions can be primarily based totally on traits such as: decreased GDP boom, decreased employment boom, decreased purchaser spending and funding activities. The nature and volume of monetary downturns can also additionally range primarily based totally at the traits indexed above.
The reasons of recessions are excessive inflation, growing hobby rates, declining purchaser self assurance or the outcomes of herbal disasters, political or monetary crises on a international scale.
GBPJPYBank of Japan to conduct unscheduled bond-buying operationFollowing the BOJ`s announcement, the 10-yr JGB yield JP10YTN=JBTC declined 0.five foundation factor to 0.855%, in advance buying and selling unchanged from Monday's last stage of 0.86%, which become the very best on account that July 2013.
Japanese yields were pulled better with the aid of using a surge in U.S. Treasury yields, with the benchmark 10-yr word US10YT=RR topping five% in a single day to attain a 16-yr high. US/
The BOJ caps the 10-yr yield at 1% beneathneath its yield curve controls (YCC), following a wonder coverage tweak on the cease of July. Although the yield stays properly beneathneath that stage, policymakers have stepped in again and again to gradual the tempo of increases.
The valuable financial institution subsequent units coverage on Oct. 31.
GBPUSD is on a strong upward trendAccording to the daily chart performance below, the price of the GBP/USD (GBP/USD) currency pair is still on a broad downtrend, and as mentioned above, stability around and below the 1.2150 support is likely to be stronger. It's possible. The bears aim to provide 1.2000 psychological support as soon as possible. Trading is quiet today due to the lack of important economic information from the UK and US on the economic calendar, but we expect investor sentiment and financial market trends to react accordingly. The strongest reaction to the movement of this currency pair. Meanwhile, during the same period, breaking the resistance levels at 1.2330 and 1.2450 was critical to breaking the downtrend for the entire currency pair.
EURJPY When Japan Ends Negative Exchange Rate Policy, Treasury WA majority of the 315 respondents said that the Bank of Japan will end its unprecedented policy of keeping interest rates below zero in the first half of 2024. The move marks the end of a bold experiment Japan began in 2016. The experiment has recently put Japan at odds with other major central banks, which have aggressively tightened monetary policy to fight inflation.
What the Bank of Japan does and when it does it will affect global markets. The biggest outcome, according to MLIV Pulse respondents, is further disruption of large amounts of government debt. Higher yields in Japan would encourage Japanese investors, who own large holdings of U.S., European and Australian government bonds, to repatriate their funds.
EURUSD may return to 1.06000Although the price movement of EURUSD on the H4 time frame technically has a bearish structure, the recent price movement has seen a bullish challenge to the horizontal resistance area at 1.06000. Further upside could be seen in intraday value areas such as the horizontal resistance area at 1.06680/1.07000 before a southward reversal occurs.
GBPCAD Opposite currency pairs. That helps exchange rates increaThe Real-time Local Business Conditions Index is launched as an experimental statistic to degree enterprise pastime in actual time at some point of the COVID-19 pandemic and beyond. The index tracks enterprise situations in Abbotsford, Barrie, Calgary, Edmonton, Guelph, Halifax, Hamilton, Kanata, Kelowna, Kingston, Kitchener, London, Milton, Moncton, Montréal, Oshawa, Ottawa–Gatineau, Québec, Regina, Saskatoon, Sherbrooke, St. Catharines–Niagara Falls, St. John`s, Toronto, Trois-Rivières, Vancouver, Victoria, White Rock, Windsor, and Winnipeg.
A growing index displays enhancing enterprise situations in an city centre, at the same time as a declining index indicators deteriorating enterprise situations.
The index has 3 additives that integrate opportunity information reassets with Statistics Canada's information holdings: the primary is a static factor to degree the financial length of a enterprise district on the nearby level; the second one tracks working situations of the agencies in a given region; and the 0.33 measures the extent of enterprise pastime withinside the region the usage of avenue visitors information.
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Data on actual-time nearby enterprise situations for October sixteen to 22 might be launched on October 27.
GBPJPY All data suggests a flag pattern is formingThe USD/JPY currency pair hit its highest weekly closing price in more than 20 years. However, he was unable to close his trade above the big round . This number is clearly a major stumbling block and is being defended, as seen by the decline in volatility as price approaches this number. This may be an important point. A breakout to the upside is more likely than a reversal to the downside, and it can be explosive because it takes time to occur.
GBPUSD UK experiencing stagflationThe pound exchange rate experienced considerable turmoil last week following the release of weak statistics. The latest blow was Friday's lower-than-expected retail sales and the result of a by-election. I'm not sure if UK politics is playing a big role at the moment so I won't delve into that right now, but last week's retail sales figures spoke for themselves, especially after inflation was higher than expected. What the data actually shows is that inflation in the UK is not currently driven by demand. Therefore, we see a drop in demand and a rise in prices, which is known as stagflation. This puts the BoE in a difficult position, as it is not as simple as raising interest rates to curb inflation, and other factors need to be considered. The Bank of England's decision in November is expected to leave interest rates at least on hold, but a modest 25 basis point rise is also expected.
ADP Automatic Data Processing Options Ahead of EarningsIf you haven`t sold ADP here:
Then analyzing the options chain and the chart patterns of ADP Automatic Data Processing prior to the earnings report this week,
I would consider purchasing the 240usd strike price in the money Calls with
an expiration date of 2023-11-17,
for a premium of approximately $7.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.