XAUUSD | New perspective | follow-up detailsAmidst uncertainty over the extent of the Federal Reserve’s future tightening path, the U.S. dollar weakened and went on to close the week at a 2.7% loss. Despite a series of robust economic data releases in recent times, including inflation pushing in at elevated levels, there are high expectations that the U.S. central bank will deliver a 50 basis point rate hike in two weeks’ time. So in this video, we have taken the time to observe the charts from a technical standpoint to decipher how to prepare for the new week.
00:45 Reference to last week's daily commentaries and results
05:05 XAUUSD Technical analysis on Daily chart
09:00 Macroeconomic events to look out for the week
11:05 XAUUSD Technical analysis on 4H Timeframe
13:54 Conclusion on next week's expectation on XAUUSD
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Reversalpattern
GBPUSD | Perspective for the new week | Follow-upIn the absence of high-impact events from the UK this week, the anticipation of the testimony by Fed Chair Jerome Powell on Tuesday and Wednesday as he delivers the semi-annual monetary policy report to lawmakers is on everyone's radar. Obviously, his comments will shed light on whether stakeholders are in tune with the central bank’s view on how high it will have to raise rates to knock down inflation. From a technical standpoint, this video shed light on what to look out for in the charts as bullish activities from last week's trading session may linger into the new week.
00:48 Reference to last week's daily commentaries and results
04:27 GBPUSD Technical analysis on Daily chart
04:35 Macroeconomic events to look out for the week
10:12 GBPUSD Technical analysis on 4H Timeframe
12:40 Conclusion on next week's expectation on GBPUSD
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
USOil | New perspective for the week | Follow-up detailThe US oil still found a way to finish in neutral territories as bulls jumped in to buy into a market that scraped three-week lows just two days earlier at the $74.00 zone. The hopes of increased demand are still a possibility in this market as the Chinese government (the world's largest importer of crude oil) has lifted all COVID restriction policies hereby opening their economy for renewed transactions. From a technical standpoint, the appearance of buying pressure above the $76.00 level this week will be seen as an endorsement of bullish expectation, and failure to sustain a break above the $76.00 level has a high chance of inciting a sell-off, prompting a drop to new lows.
00:20 Reference to last week's daily commentaries and results
03:35 USOil Technical analysis on Daily chart
06:25 USOil Technical analysis on 4H Timeframe against next week
08:35 Conclusion on next week's expectation for the USOil
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
BBBY Reversal Squeeze $we getting near the bottom price where we should see a reversal above the 1.28$, the confirmation for a squeeze will happens once we break the current resistant around the 2.11$, after we break that level we going to see huge buying pressure till the first profit taking below the 2.89$.
if we broke that bottom support , is means the short seller's we short till just above the 1$.
$BLUR long enteredLooking for a retest of some higher volume nodes higher. I like the formation here with yesterdays drop into a roll over with bounce again. Much healthier formation and potential base to move higher from.
Have some high volume areas that may be resistance on the way up. Orange lines are weekly POC's and yellow are daily POC's.
I'm long at 0.775
FCPO PALM CRUDE OIL INDEX BURSA MALAYSIABottom reversal pattern has been form on week 03-Oct-2022
Currently FCPO price in sideway range between 3730 (support)- 4500 (resistant)
Trade Strategy: (BUY / CALL)
Once FCPO price break out & goes beyond price 4500 with increasing volume.
TP1: 4990
TP2: 6230
CL: 3730
Risk Ratio Reward - 1 : 2
Fact supporting indicator:
Smart Money Pro bullish Profit-Chip (red bar) continuous increases for 3weeks and crossed over Profit-Chip Moving Average line.
#bursasaham #malaysiastockmarket #fcpo #palmcrude #bursamalaysia #malaysia #bursa
#trendline #trendanalysis #technicalanalysis #chartpattern #trendpattern #uptrend #bullbear
#supportresistance #technicalindicator #indicator #waveanalysis #bottomcatch #reversalsignal
Disclaimer:
This published Idea is solely for the purpose of education and opinion sharing, and should not be construed as investment advice or recommendations to buy or sell any security.
Get your trade advise from a legit broker, you are responsible on your own trade.
USDJPY | Perspective for the new week | follow-up detailsSince the last publication; price action moved over 400 pips in our direction (see link below for reference purposes) as the Greenback rose 0.6% to close the week just below the 135.000 zone. The Japanese yen was among the worst-hit Asian currencies as the US Dollar hit a six-week high against a basket of currencies after stronger-than-expected inflation readings and hawkish comments from Federal Reserve. This video illustrates what we should be expecting from the current market structure in the coming week as price action trades between the 133.900 and 135.000 range.
00:50 Reference to last week's daily commentaries and results
05:30 USDJPY analysis on Daily Timeframe
09:50 Macroeconomic event for the week
11:00 USDJPY analysis on the 4H Timeframe
13:10 Conclusion on next week's projections
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
XAUUSD | New perspective | follow-up detailsThe $1,860 level held price strongly "supported" while participants in this market await next week's U.S. inflation data that could influence the Fed's rates policy. Last week's trading session was characterized by a consolidation phase as price action was caught within the $1,880 and $1,860 range to pronounce the indecision at this juncture in the market. This video illustrates the technical perspective as we anticipate trading opportunities off the breakout or breakdown of the channel in the coming week.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPUSD | Perspective for the new week | Follow-upThe GBPUSD traded in a relatively tight range during the course of last week's trading session as participants digest economic data and try to parse speeches from a series of Fed policymakers for clues of the likely future pace of the Federal Reserve's rate hikes. In this video, we looked at the current market structure from a technical standpoint and identified potential trading set-up ahead of the new week.
00:38 Reference to last week's daily commentaries and results
04:00 GBPUSD Technical analysis on Daily chart
06:55 Highlight of Macroeconomic event for the week
07:51 GBPUSD Technical analysis on 4H Timeframe
09:50 Conclusion on next week's expectation for GBPUSD
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
USDJPY | Perspective for the new week | follow-up detailsThe U.S. labor market report remained surprisingly strong despite ongoing efforts by the Federal Reserve to tamp down demand. The US Dollar rallied about 2% on Friday following higher-than-expected non-farm payroll data which came in at a whopping 517,000 through the middle of January. This video illustrates a technical perspective on the current market structure to decipher potential trading opportunities in the coming week.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPUSD | Perspective for the new week | Follow-upThe Greenback's biggest gains in the last week have been against the Pound sterling after the BoE's dovish hint that it may have finished raising interest rates after a 50 basis points hike last Thursday. However, the higher-than-expected non-farm payroll data of 517,000 jobs in January did not help matters as the Pound slumped further to close the week below the 1.21000 level hereby recording a 2.7% decline in value. This video illustrates a detailed technical perspective on what to expect from the current market structure in the new week.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
XAUUSD | New perspective | follow-up detailsFollowing a massively profitable week for us (see the link below for reference purposes); The Gold tumbled almost 3% on Friday after a blockbuster U.S. jobs report for January which came in with whopping 517,000 jobs hereby triggering profit-taking activities on the yellow metal’s long-running rally since the beginning of the year. Price is currently trading at a critical point where the bullish trendline and the $1,860 share a confluence on the daily timeframe. This video illustrates the technical perspective of the current market structure to figure out trading opportunities for the new week.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
USOil | New perspective for the week | Follow-up detailAmidst reports that oil loadings from Russia's Baltic ports were set to rise by 50% this month; the price of oil continues to drop as the $82.50 level remains a strong ceiling for selling pressure - a feat which has lasted for 3 months now. Also, OPEC+ is expected to meet on Feb. 1 to decide its monthly production targets and this is one event major players in the market will be looking forward to making a well-informed decision on trading possibilities. From a technical standpoint, we have decided to utilize the $80 key level as a yardstick for trading activities in the coming week and this is detailed in this video.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPUSD | Perspective for the new week | Follow-upThe dollar tested a new nine-month low as economic data from the U.K. strengthened the case for more interest rate hikes. Despite a rosy year for the Pound sterling, Last week's trading session was so choppy that price action remains sandwiched between the 1.24500 and 1.22500 zone to indicate an indecisive grip in this market as sellers continue to reject the 1.24500 hereby stalling further growth. With the incoming week laced with a series of high-impact macroeconomic events, the consolidation phase noticed insinuates that major players are probably on the sidelines looking forward to these events for the green light. So, it is likely going to be a volatile week - In this video, we looked at the current structure from a technical standpoint and identified positional set-ups that we shall be using to guide trading activities in the coming week.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
XAUUSD | New perspective | follow-up detailsGold was unable to crack the psychological level at $1,950 to bring fresh hopes of a new wave of bullish momentum and this can not be unconnected to the reassuring U.S. economy as the fear of recession recedes at least in the meantime. Data reported on Friday reveals that the PCE Index grew 5% in the year to December, versus an annual expansion of 6.8% in June further bringing a positive light to the Greenback. From a technical perspective, we have identified a potential trend continuation pattern as the $1,920 zone continues to reject selling momentum throughout last week's trading session. We still keep the option of a sell-off open considering the continued sell pressure below the $1,940 zone which might lead to an outright breakdown/retest of both the trendline (identified on the 4H timeframe) and the $1,920 zone.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EURJPY | Perspective for the new weekDespite price action being caught within a channel between the 143.000 and 138.000 level since the beginning of the year; We have identified a flat channel on the 4H timeframe which we shall be using to guide our trading activities for this week.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
YOU : POSITION TRADEClear Secure: Talk About A Bullish Economic Moat
• Clear Secure is capturing strong demand for its identity verification platform as a service to save time at security checkpoints.
• Partnerships with airports, airlines and even the Transportation Security Administration highlight competitive advantages to drive growth.
• An outlook for accelerating earnings can send the stock higher.
• Looking for a helping hand in the market? Members of Conviction Dossier get exclusive ideas and guidance to navigate any climate.
Clear Secure, Inc. (NYSE:YOU) offers a secure identity verification platform. If you've recently traveled through one of 46 major airports, you'll likely have seen the "Clear" checkpoints as a separate lane in the security process. Clear Pass focuses on the ID verification side of the airport screening process. The other step is the actual security area where travelers and carry-on luggage are checked for contraband.
With the company's history going back more than a decade, the game changer now is a belief that the operation has finally reached a critical mass with enough locations where the service can make sense to a wide range of travelers. This concept is related to the network effect where the value of the service grows as its user base expands.
Furthermore, the platform is being utilized in other applications where security screening is a requirement and there is room to capture efficiencies in the process. Members of Clear Plus also have the option to use the features at entertainment venues and stadiums where a security line often forms.
Clear also offers a Health Pass which gained prominence during the pandemic with validation of COVID testing results and digitization of vaccine status that many types of business in certain areas embrace. Notably, this feature now integrates with Apple Inc.'s (AAPL) "Health App".
YOU Key Metrics
YOU released its Q3 earnings in mid-November with EPS of $0.05, which beat estimates by $0.05 as consensus was looking for a flat result. Revenue of $116 million climbed by 72% year-over-year, with the strength largely driven by the recovery of the airline industry compared to pandemic disruptions at the start of 2021. Management notes success with in-airport and various partner channels driving memberships captured in a climbing number of bookings along with retention of customers.
On the financial side, keep in mind that there was a GAAP loss of -$65.6 million although this mostly reflected share-based compensation and the timing of the vesting from previously issued warrants. More favorably, the underlying shift towards profitability is evidenced by the adjusted EBITDA measure which reached $11.9 million compared to negative -$14.5 million in the period last year. The company also reported a positive free cash flow of $5.3 million.
The expectation is that earnings will maintain this more positive momentum going forward. For Q4, management is guiding for revenue of around $124 million, implying a growth rate of 54% compared to Q4 2021, and up 7% on a quarter-over-quarter basis.
Finally, we can mention Clear Secure maintains a solid balance sheet, ending the quarter with $700 million in cash and cash equivalents against effectively zero long-term financial debt. The position is strong enough that the Board of Directors declared a special $0.25 dividend which was paid in December.
Are There Risks?
The key for the company will be to maintain the pace of signups for new members while finding success in international markets. Longer-term, Clear Secure will need to become the global standard for secure identity verification not just in travel, but also leisure, and other industries with a visible presence in more and more countries as part of the bullish case.
The other side to the discussion would be the risk that growth simply begins to disappoint while the expected earnings fail to materialize. One concern is that the company may have already captured the "low-hanging fruit" of hard-core heavy business travelers where the Clear Pass makes the most sense, at least from the U.S. market. By this measure, doubling the number of cumulative platform users from here will be more difficult.
There is also an argument that if "everyone" is using Clear/TSA PreCheck, it begins to defeat the purpose of a priority security lane membership. It's not there yet but could become a problem at certain airports if the platform is too successful. Going further, a skeptic would also point to the regulatory risks where the service no longer becomes viable based on changing laws in the future or even in a scenario of a headline-making failure in the system that would undermine confidence in the company's security protocol.
Read more on :
seekingalpha.com
Dan Victor, CFA, Seeking Alpha, Jan. 05, 2023 3:19 PM ET