For example, let’s say we buy a call option on Apple with an exercise price of $150 and an expiration date of August 20.
NZDJPY facing bearish pressure | 16th July 2021
NZDJPY facing bearish pressure and is likely to hold below sell entry which coincides with the descending trendline, 61.8% Fibonacci retracement and 61.8% Fibonacci extension . Price is likely to take support at horizontal swing low support which coincides with 61.8% Fibonacci extension . Stochastic is likely to hold below...
GBPUSD H4 broke ascending trendline, possible for drop
Price broke down from ascending trendline where we could potentially see the price drop to first support, in-line with 78.6% Fibonacci retracement and 100% Fibonacci extension . If the price bounce from this level, price will swing towards 1st resistance, in-line with 61.8% and 100% Fibonacci extension . Any opinions,...
NZDUSD facing bearish pressure|16th July 2021
Prices are approaching 1st resistance, in line with horizontal overlap resistance, 61.8% Fibonacci extension level. Prices might reverse off to 1st support, in line with the horizonal swing low support, 161.8% Fibonacci retracement and 161.8% Fibonacci extension levels. If prices surpass the descending trendline resistance, it may face resistance from...
USDCHF Under fresh bullish pressure | 16 July 2021
USDCHF Broke out of descending trendline resistance (now support) to the upside. This shows that there is now fresh bullish pressure that is pushing price higher. With technical indicators showing room for further bullish momentum as well, we see a further push up above our entry at 0.91651 towards Fibonacci...
CADJPY Facing bearish pressure | 16 July 2021
CADJPY facing bearish pressure below graphical overlap resistance and 38.20% Fibonacci retracement at 87.543. With technical indicators showing room for further bearish momentum, a drop towards our take profit and Fibonacci confluence zone at 86.669 could be possible. Any opinions, news, research, analyses, prices, other information, or links to third-party...
Possible trend shift in USDCAD – going long
The Tidal Shift Strategy has just bought USDCAD at 1.25862. The system recommends entering this trade at any price between 1.25671 and 1.26053. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.48095, which suggests that...
Extreme trader sentiment points to possible GBPJPY downtrend
The Trend Follower Strategy has just sold GBPJPY at 151.873. The system recommends entering this trade at any price between 151.628 and 152.118. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.552. This suggests that the GBPJPY could be trending downwards.The 14-period...