Equity markets closed yesterday on a sour note after a volatile session on the news that Biden will nominate Fed Chair Powell to a second term and promote Lael Brainard to Vice Chair. The news took Fed policy expectations sharply higher for next year and two weak US Treasury auctions...
Unusual Options Activity: $1.3 Million on 3 Quick Rebounds
They’re all betting on quick rebounds on a variety of sectors.Let’s dive right in… 3 UOA Rebounds to Put on Your Radar Anaplan (PLAN), a cloud-based planning platform company, saw heavy calls pour in after a sharp drop that hit the stock just days ahead of an earnings announcement.One trader...
CADJPY short term bullish bounce | 22nd Nov 2021
Price is abiding to the descending channel on the H4, signifying bearish momentum. However, we can expect price to make a short term bullish bounce from pivot level in line with 50% Fibonacci retracement towards take profit level in line with 61.8% retracement and 161.8% Fibonacci projection . Our short-term...
AUDJPY bearish continuation | 22nd Nov 2021
Price is abiding to the descending trendline, signifying a bearish momentum. We can expect price to drop from pivot level in line with 127.2% Fibonacci projection and 61.8% Fibonacci retracement towards 1st Support in line with 78.6% Fibonacci projection . Our bearish bias is further supported by the Ichimoku cloud...
NZDCHF potential for reversal | 22nd Nov
Price is trading on a descending trendline and is near the sell entry price of 0.65162 which is also 61.8% Fibonacci retracement and graphical overlap resistance. Price can potentially dip to the take profit level of 0.64810 which is also 61.8% Fibonacci retracement . Our bearish bias is supported by...
Possible trend shift in NZDUSD – going short | 22nd Nov
The Tidal Shift Strategy has just sold NZDUSD at 0.70031. The system recommends entering this trade at any price between 0.69884 and 0.70178. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 1.08469, which suggests that...
GBPUSD potential for futher uptrend | 22nd Nov
Price is trading in a bullish channel and near the buy entry price of 1.34289 which is 50% Fibonacci retracement and 100% Fibonacci projection . Price can potentially go to the take profit level of 1.35078 which is 78.6% Fibonacci projection and 61.8% Fibonacci retracement . Our bullish bias is...
GBPJPY is on bearish momentum! | 22 Nov 2021
Prices are on bearish momentum and abiding by our bearish trendline . We see potential for a dip from our sell entry at 153.780 which is an area of Fibonacci confluences towards our Take Profit at 152.441 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension . Alternatively, our...
EURJPY is on a bearish momentum! | 22 Nov 2021
Prices are on bearish momentum. We see potential for a dip from our sell entry at 129.056 which is an area of Fibonacci confluences towards our Take Profit at 127.997 in line with 200% Fibonacci projection and graphical swing low. Technical indicators are showing bearish momentum. Any opinions, news, research,...
GBPAUD is on a bearish momentum! | 22 Nov 2021
Prices are on a bearish momentum and have recently broken out of our descending trendline. We see potential for dips from our sell entry at 1.85927 in line with 100% and 161.8% Fibonacci extension and graphical swing highs towards our Take profit at 1.84659 in line with 61.8% and 127.2%...