Get started

Optionsstrategies

EURUSD: Sell on price breakout after news?Dear friends, Currently, EURUSD is experiencing minimal volatility and remains relatively stable around the 1.093 level. This is confirmed by the narrowing of the Bollinger Band indicator, indicating a preparation for the next breakthrough. Speaking of breakthroughs, EURUSD is being constrained below the resistance level of 1.096 and finding support at 1.090. The market is currently focused on the latest consumer inflation data from the United States, which will be released on Thursday, to gain significant directional momentum. After the news is announced, this currency pair may experience a breakthrough in two scenarios as mentioned: an increase upon breaking the resistance level and a decrease if the bearish side breaks the support. On a personal note, I am expecting a decrease in EURUSD. What about you? Please leave your comments below!
Short
by RKarina
Gold promises to increase in price?Dear readers, in the short term, our priority remains to sell due to the current price adjustment phase, with trading hovering around $2035. However, when considering the long term, the analysis of the 1D chart supports a strong upward trend for gold, with a clear support level at $2017. Another favorable factor for gold is that the trend line has not been broken yet. These two factors, along with market sentiment resulting from interest rate cuts this year, will be the main drivers for investors to push prices back to the resistance level of $2088 and achieve a new all-time high.
OANDA:XAUUSD
by RKarina
Gold prices are expected to continue to go downDear friends, it's great to see you again in today's trading session. At the time of writing this article, the price is fluctuating around $2033 at the start of the trading session, showing a slight recovery after a sharp drop to $2017 at the end of yesterday's trading session. The precious metal has broken out of the support level at $2033 and the price analysis chart indicates a clear downward trend with a convergence preparing for a reversal from the 4 and 89 EMA. It is expected that the current price correction will continue until a retreat of 0.5 or even 0.618. We can anticipate further decline in gold after this correction phase. Selling opportunities should be prioritized, my friends!
OANDA:XAUUSDShort
by RKarina
GBPUSD price momentum remainsThe GBP/USD pair continues its streak of consecutive victories this week. Positive risk acceptance and the slight decline in the US Dollar are supporting the pair's price increase. The currency pair is currently trading at 1.2759, up 0.05% for the day. In recent times, this level has been a significant resistance point for the pair. However, with the support from the upward trend and trendline, we can expect positive signals from the EMA 34 and 89 for this currency pair. If favorable conditions persist, it is anticipated that after a small retreat to the 0.618 - 0.5 Fibonacci level, GBPUSD will gain new momentum and achieve a breakout towards the 1.28 peak.
by RKarina
BTCUSDT: Bulls are getting hotToday, BTCUSDT is receiving strong price support as it has surpassed the psychological resistance level of $46,000 and is directly facing the resistance level from the past at $47,000, as shown on the chart. Why does RKarina believe BTCUSDT is heading towards a new record target? The EMA 34 crossing and reversing over the EMA 89 is a strong signal for an upward movement. Additionally, when using Fibonacci extensions, the price has formed a DOW pattern with profit-taking targets at 1.618 and 2.618, which coincide with the peaks at $50,700 and $66,500 respectively. These are the levels that buyers are currently aiming for as the price steadily increases and receives strong support over the past few months. RKarina's immediate target is set at the psychological level of $50,000. What about you? Do you think BTCUSDT can set a new record again
Long
by RKarina
BTCUSDT: Upward momentum remains the sameHello dear friends! Therefore, after BTCUSD surged to $45,800, the price began to adjust itself, and at the time of writing, it is trading steadily around $43,300. From the analysis chart, we can see that the upward trend, although not as strong as before, is still intact. BTCUSDT is currently aiming to test around the Fibonacci 0.618 level. Once again, we can hope that the price will recover from this level with an expected increase to $59,488. What are your thoughts on BTCUSDT?
Long
by RKarina
Gold price decreased but the upward momentum remained the sameIn general, the main trend of gold in the past week has been a decline, with a decrease of over $40 during the week. However, when looking at the long term on a daily chart, gold still maintains a strong upward trend with a stable ascending trendline. Gold has experienced a week of price decline as a corrective wave, testing the EMA 34 line at $2045 and the upcoming prospects are expected to test the EMA 89 line at around $2019. We can expect gold to recover from this point as it touches the trendline and finds support at that level (as marked on the chart).
OANDA:XAUUSDLong
by RKarina
EURUSD: Quiet tradingHow do you assess EURUSD? Today, EURUSD is still in a downtrend with sideways movement and is limited below the resistance level of 1.097. Currently, this currency pair is fluctuating around 1.093 and is expected to decrease further due to the increase in US Treasury bond yields, which has been supportive of the US Dollar (USD). The EMA 34 line on short-term timeframes and convergence on the 4-hour chart continue to reinforce the bearish outlook. What about you? Do you think EURUSD will rise or fall in the near future?
by RKarina
Gold price todayToday, the price of gold in the market is relatively intense between the selling and buying sides, with a focus on lowering prices still being emphasized. At the time of writing, the price is reacting to trading around $2047. The price of gold has decreased after the Federal Reserve released the minutes of its latest meeting on January 3, showing that the central bank is not yet ready to lower interest rates. Therefore, it is necessary to closely monitor important market news to grasp the trend of this precious metal in the upcoming period.
OANDA:XAUUSDShort
by RKarina
XAUUSD: What matters is the news tonight?Dear friends, what are your thoughts on the upcoming trend of Gold in light of the significant news affecting it? Currently, the price of gold is still trading steadily around $2040 USD, with little change from yesterday. The overall trend of gold remains bearish, with immediate resistance at $2050 USD. At the end of the day, the United States will release the Non-Farm Payroll report, which is quite important for gold as it may provide us with a fresh perspective on whether gold will continue to decline or rebound.
OANDA:XAUUSDShort
by RKarina
EURUSD: bearishDear friends, as predicted by me yesterday, EURUSD has corrected to a previously broken level Looking at the overall market today, we can observe: The EUR/USD pair is trading positively for the second consecutive day on Friday, despite lacking monitoring and still being limited within a wider trading range than the previous day in the Asian trading session. The spot price is currently fluctuating around 1.0900 as traders eagerly await significant macroeconomic data from the Eurozone and the United States (US) to provide some meaningful momentum. In my personal opinion, I believe that the price will adjust downward due to the unfavorable factor of the underlying USD strengthening in the near future, with an expected decrease of 1.0750.
Short
by RKarina
XAUUSD: new weekly trading strategyDear friends, what do you think about Gold? In general, Gold showed signs of decline last week, dropping over 40 USD from 2088 USD to 2045 USD. Towards the end of the week, Gold seemed relatively calm, focusing on a sideways trend with a resistance level at 2050 USD and a support level at 2030 USD. On Friday, when the Non Farm news was released, Gold experienced significant fluctuations, reaching a high of 2065 USD and a low of 2024 USD. However, Gold closed at 2045 USD without any major breakthroughs. Looking at the prospects and trend evaluation for the future: With the current situation of the USD gradually recovering, Gold still has a tendency to decline further, as seen by the reversal from the EMA 34 line on shorter timeframes and consolidation on the 4-hour chart. Breaking below the support level will push Gold back to the 2015 USD mark.
OANDA:XAUUSDShort
by RKarina
USDJPY: achieved impressive gainsDear friends, the Japanese yen has been trading negatively against the US dollar for the fourth consecutive day on Friday, with the USD/JPY pair reaching its highest level in two weeks around the 144.85 area during the Asian trading session. At the time of writing, the price is trading at 144.70, indicating that USDJPY has previously escaped a prolonged downward channel and is stabilizing with a good recovery trend on the 12-hour timeframe. With the US dollar showing signs of a rebound, the bullish camp continues to push prices higher, with a target of 147.3 being highlighted. From an analytical perspective, I still expect prices to increase further using the breakout trading method. Using the excellent tool from Tradingview, Fibonacci suggests that prices may retreat to the 0.5 and 0.618 levels to correct the previous strong upward momentum before any catalyst causes prices to bounce back. A breakthrough above 144.90 will accelerate the UJ price to 147.34. Wishing you successful and lucky trades!
Long
by RKarina
Gold price todayDear friend, Today, the price of gold in the market has fallen after reaching its highest level in the overnight trading session at $2,050 per ounce, marking the most significant decline in three weeks. The drop in gold prices is due to a sharp decrease in the number of US workers filing for unemployment benefits for the first time in the last week of 2023. On the other hand, gold prices are at risk of further declines as the US Federal Reserve recently signaled its readiness to cut interest rates at the end of the new year. The minutes of this meeting indicate that the rate-cutting cycle is likely to be longer than expected. This is putting significant pressure on the gold market. Furthermore, gold prices are under pressure due to the upward trend of the US dollar. However, analysts believe that while the strength of the US dollar today is partly responsible for the decline in gold prices, it is not the main factor. Therefore, it is crucial to closely monitor important market news to grasp the trends of this precious metal in the coming period.
OANDA:XAUUSD
by RKarina
29 Dec ‘23 - Nifty Still Bullish, A Great Happy Near Year to ALLNifty Analysis - Stance: Bullish Recap from yesterday: “Nifty is definitely on cloud 9, the newfound momentum is intact and almost all the sectorial indices are strong. What next? Is a big question. Just like a goods train, it is difficult to stop the bull run that fast. For tomorrow, I wish to continue my bullish stance with the first support level at 21652.” 4mts chart link - click here It seems the bulls were not in the mood to rally today. We gave up some gains early in the day and at 21683 levels we found a shallow support. We again retested those levels by 14.19 only to reject the fall. Connecting the dots with yesterday’s price action - it appeared to be a neutral day with the trades in a narrow range. What a year Nifty had in 2023, today was the last working day in the calendar year and the first working day of Q4 expiry. 63mts chart link - click here Nifty is still way above the ascending channel showing bullishness. As long as the soft support level of 21652 is respected, we do not wish to change the stance. Meanwhile, we need to be mindful of any global macros that could develop over the weekend as New Year’s usually brings about some odd surprises.
NSE:NIFTYLong
by viswaram
NIFTY INTRADAY LEVELS FOR 28/12/2023BUY ABOVE - 21670 SL - 21590 TARGETS - 21740,21820,21910 SELL BELOW - 21590 SL - 21670 TARGETS - 21490,21410,21330 NO TRADE ZONE - 21590 to 21670 Previous Day High - 21670 Previous Day Low - 21490 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both. In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures. Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully. Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
BANK NIFTY INTRADAY LEVELS FOR 28/12/2023BUY ABOVE - 48350 SL - 48200 TARGETS - 48600,48800,49000 SELL BELOW - 48030 SL - 48200 TARGETS - 47820,47650,47420 NO TRADE ZONE - 48030 to 48350 Previous Day High - 48350 Previous Day Low - 47820 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both. In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures. Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully. Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
7
Options Decoded: Intrinsic Value, Moneyness RevealedCracking the Code: Understanding Intrinsic Value and Moneyness in Options Trading Welcome to the journey of unraveling the mysteries of options trading. Today, we'll demystify two crucial concepts: Intrinsic Value and Moneyness. Let's dive in. # Moneyness in a Nutshell In options trading, Moneyness is the magic word that describes the relationship between the option's strike price and the current price of the underlying asset. It's like deciphering the secret code to assess an option's potential profitability. At-the-Money (ATM) Options: An option is ATM when its strike price closely aligns with the current market price of the asset. No profits or losses just yet. Example: If a stock is at ₹1,000, an ATM call and put option would both have a strike price of ₹1,000. In-the-Money (ITM) Options: ITM options have a strike price favorable for profits if exercised immediately. They come with a higher premium. Example: With the stock at ₹1,000, a call option with a ₹950 strike is ITM, and a put option with a ₹1,050 strike is also ITM. Out-of-the-Money (OTM) Options: OTM options have a strike price unfavorable for immediate profits. They have a lower premium. Example: If the stock is at ₹1,000, a call option with a ₹1,050 strike is OTM, and a put option with a ₹950 strike is OTM. Moneyness is a dynamic concept. An option that's ATM now can become ITM or OTM as the underlying asset's price moves. # Demystifying Intrinsic Value Now, let's spotlight Intrinsic Value, the hidden treasure within an option. Intrinsic Value is the real, tangible value an option holds. For Call Options: - Intrinsic Value = Spot Price - Call Option Strike Price Scenario 1: If Bank Nifty is at ₹40,000 and the call option strike is ₹39,000, - Intrinsic Value = ₹1,000 (Profitable) Scenario 2: Call option strike at ₹40,500, - Intrinsic Value = ₹0 (Non-Negative) Scenario 3: Call option strike at ₹41,500, - Intrinsic Value = ₹0 (Non-Negative) For Put Options: - Intrinsic Value = Put Option Strike Price - Spot Price Scenario 4: Put option strike at ₹41,000, - Intrinsic Value = ₹1,000 (Profitable) Scenario 5: Put option strike at ₹39,500, - Intrinsic Value = ₹500 (Profitable) Scenario 6: Put option strike at ₹38,000, - Intrinsic Value = ₹0 (Non-Negative) Remember, Intrinsic Value can't go negative. It represents the concrete worth of the option based on the current market conditions. Mastering these concepts is like wielding a powerful sword in the options trading arena. Stay tuned for more insights into the fascinating world of financial possibilities! Also Thank You for the Love! 🌟 Dear followers, your enthusiasm and support have propelled us to 100 followers! 🎉 Your engagement and love for our content keep us motivated.
BSE:SENSEXEducation
by iamrk7
3