UK
UK COVID-19 Extended Wave Spikes in 2022Back in 3 Nov, a month before Omicron was introduced to the world, it was described as:
" it is rising into 2022. Just how bad remains to be seen."
From the weekly chart... it's BAD.
Do remember (and check) that at the end of October, and early November, many thought that the cases were decreasing and although there was some expectations for an increase in winter, no one thought it would be this bad.
Enters Omicron and we are looking at new dynamics.
Do recall that previous projections noted an extended wave... Here it is.
Yet another example of the working of this projection model and it's effectiveness.
Take care and stay safe peeps!
RWS: Weekly uptrend remains stableAlthough RWS can be a volatile stock, we've seen the weekly support level is a strong one to add more positions. We sold SDL after the takeover announcement by RWS and then we bought it when it finished its correction in January 2021. It's a good one for the long-term not only by technical but also fundamentals, as translation software is growing in importance everyday and it has a good dividend yield.
Novacyt ALNOV They have marked the supports and resistances of ALNOV .
It has great upside potential, key level reaching $ 5
Last Friday news Clinical diagnostics specialist Novacyt announced on Friday thatots ‘genesig’ Covid-19 real-time PCR test has been approved in the UK. Great news and great upside potential.
A cordial greeting.
In Spain on 12/28/2021 L.E.D.
Wish you all the best and a happy New Year
Novacyt ALNOV They have marked the supports and resistances of ALNOV.
It has great upside potential, key level reaching $ 5
Last Friday news Clinical diagnostics specialist Novacyt announced on Friday thatots ‘genesig’ Covid-19 real-time PCR test has been approved in the UK.
I send you a cordial greeting, Merry Christmas and a prosperous 2022
In Spain on 12/23/2021
GBPCHF Long IdeaFollowing on from Tuesday's successful GBP CHF analysis, I believe that GBPCHF will re-test the 1.24 levels ahead of the UK's interest rate decision at 1:30 today. Across the pond, the Fed's policy decision regarding a faster taper surged the dollar and indices across the board. It's very likely for the BoE to follow in the Feds path in rising interest rates, if this is the case then Sterling Pairs are likely to surge. If the BoE decides not to increase inflation then this trade could go the other way. However, the price has just broken past the 1.226 resistance zone which provides me with confidence in the direction of this position.
GBPUSD shortHey Traders, above is an update about my swing GBPUSD trading idea, GBPUSD already bounced from 1,32 towards 1.327 as i expected the last week, in current week with bullish DXY Bias mentioned on previous chart, i expect this pairs to drop to 1.29 Levels with over 300 pips potential keeping an eye on this week FOMC too. As usual once we notice any bearish confirmation we might consider executing the trade.
Trade safe, Joe.
FTSE 100 Short Idea Today at 5:30 the UK PM will be announcing a "Plan B" covid plan for the coming weeks after the emergence of the new Omnicron variant. Depending on the plan it's possible for Sterling and UK stocks to plummet if the news is bearish. The RSI indicators on the 4hr chart have just started to edge down from its overbought regions (85) indicating that there is room to go down. If we look to Europe and the economic impact that covid has had it's likely for the same to happen to the FTSE100.