But last week, the options activity in the SPY was heavily bearish.
Crypto Weekly: Back above 50,000
Bitcoin is back above 50,000 as sentiment has significantly improved with institutional investors betting on Bitcoin as an inflation hedge.Throughout the last week, the largest cryptocurrency measured on market capitalization Bitcoin (BTCUSD) has been riding on top of positive market sentiment to exceed 50,000 once again. At present, it however...
Energy special with guest Tor Svelland
This is a special edition podcast with Tor Svelland of Svelland Capital. Tor is a trader and investor in energy, shipping, commodities and related equities with a tremendously deep background in the space. In this interview, Tor takes us through the factors that are pressuring global commodity prices higher, particularly...
Breakout Identified in AUDJPY | 11th Oct
Signal ID: 77837 Time Issued: Monday, 11 October 2021 02:55:15 GMT Status: open Entry: 153.163 - 153.764 Limit: 154.460 Stop Loss: 152.055 The Breakout Opportunities system has just bought GBPJPY at 153.532. The system recommends entering this trade at any price between 153.163 and 153.764. The signal was issued because...
EURUSD on bullish momentum | 11 Oct
Price is currently heading towards our buy entry level of 1.16243 and can potentially head to our take profit level of 1.17543 which is also our Fibonacci retracement level of 61.8% and 100% Fibonacci projection level. Our stop loss is placed at 1.15338 which is also our graphical swing low....
EURJPY potential reversal! | 11 Oct 2021
EURJPY is on a bearish momentum. Price has the potential for bounce at our pivot /entry at 130.403 in line with 200% Fibonacci projection and dip towards our Take Profit at 129.667 in line with 61.8% and 38.2% Fibonacci retracement , which is a graphical overlap. Technical indicators are showing...
CADCHF short term bearish momentum | 11th Oct 2021
Price is reacting in a potential triangle formation and price is approaching the descending trendline resistance. We can expect price to drop from the pivot level in line descending trendline resistance and 127.2% Fibonacci retracement towards the take profit level in line with 100% Fibonacci projection and 50% Fibonacci retracement...
AUDUSD bearish continuation |11th Oct 2021
Price is seen to be holding below the descending trendline resistance, signifying a bearish momentum. Price is approaching the 1st resistance where price is in line with the descending trendline resistance, hence we can expect price to drop from 1st Resistance in line with 61.8% Fibonacci Retracement and 100% Fibonacci...
XAUUSD on bullish momentum | 11th Oct
Price is currently trading in a ascending channel and is at our buy entry price of 1760.955 which is also our 23.6% Fibonacci Retracement level of 23.6% and 127.2% projection level . Price can potentially go to our take profit level of 1778.451 which is also Fibonacci retracement of 127.2%...
GBPUSD is on a bullish momentum! | 11 Oct 2021
GBPUSD is on a bullish momentum. We foresee a potential entry at 1.36374 in line with our area of Fibonacci confluences and bullish trendline towards our potential take profit at 1.37218 in line with 100% and 61.8% Fibonacci retracement . Technical indicators are showing bullish momentum. Alternatively, prices may dip...