MMM 3M Company Options Ahead of EarningsIf you haven`t bought those calls here:
Then analyzing the options chain of MMM 3M Company prior to the earnings report this week,
I would consider purchasing the 110usd strike price Calls with
an expiration date of 2023-9-15
for a premium of approximately $4.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
Signalsforex
NZDUSD negative momentum to stall at support.NZDUSD - 24h expiry - We look to Buy at 0.6450 (stop at 0.6410)
Previous support located at 0.6450.
Previous resistance located at 0.6550.
Further upside is expected although we prefer to set longs at our bespoke support levels at 0.6450, resulting in improved risk/reward.
A move through 0.6550 will confirm the bullish momentum.
Our profit targets will be 0.6550 and 0.6590
Resistance: 0.6550 / 0.6600 / 0.6650
Support: 0.6450 / 0.6400 / 0.6375
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NZD/USD:SELL From 61.8% FIBO Resistance Area For A SHORT SetupNZD/USD: The price doesn't go over the resistance at 0.6400 in confluence with the dynamic resistance of the channel and the 61.8% Fibonacci level. The Stochastic is in the overbought area and our Analysis shows a bearish impulse to the 0.6287 level.
XAUUSD GOLD NEW WEEK FORECAST XAUUSD GOLD TECHNICAL ANALYSIS CHART UPDATE
According to the LTF - Long Time Frame it is Bearish Channel PATTERN and following Bullish Waves after retest
In STF - Short Time Frame it is in Bullish Channel pattern and can follow buy trend till Fibonacci Level 78.60 / 61.80 %
If it breaks the Lower Trend Line then its Sell
EURUSDAs I said last weeks...I expect a small withdrawal of 30-40 pips and an extended range and then another strong climb to 1.22400 and even higher to 1.23500
...as I said last week EURUSD is in a range between the 0.236 level and the 0.382 Fibonacci level! next week I will follow the same range until it closes for at least 1 day below these levels! I still think he will retry once again 1.23500 and from there .... DOWN AGAIN at least 700 pips
THIS WEEK.....If we make a parallel between the chart on a week and one month because the month of May closes ...we can see that on the 1 week chart the last 9 candles in circle 1 have a structure identical to the 9 in circle 2 and even if maybe it will make a small rise, EURUSD will go down to close M formed in the last period
On the 1 month chart we notice that it has rejected from the trend line and if the month will close like this ... we still have a strong confirmation of a decrease of at least 300-400 pips
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GREAT ATTENTION:
*This information is not a Financial Advice.
GOLD ranging...and UP AGAINNOTE: For the greatest accuracy, at the beginning of each month I will make a parallel analysis between the charts of 1 week and 1 month!
As I said last weeks ...GOLD will make a range in the area of Fibonacci 618 and 0.5!
any closure even for a day over Fibonacci 0.5 or below 618 gives the trend for the next months at GOLD ... that is, towards 1836 or until 1583!
For now, I see a rejection from the 0.5 fibonacci zone and a descent to the 618 zone
THIS WEEK...as I said last week GOLD went down in the Fibonacci 618 area from where it climbed strongly!
in the next period it will rise again towards FIB 0.5 and will make the same range between Fib 0.5 and 618 and we will see a trend only after it closes even for a day outside this perimeter!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
EURUSDNOTE: For the greatest accuracy, at the beginning of each month I will make a parallel analysis between the charts of 1 week and 1 month!
As I said last weeks... expect an ascent and in the FIBONACCI area 618 where ... according to the news it could reject again and it would go down to the area 1.15!
THIS WEEK...I closed over Fibonacci 786 and it has over sold in the last few weeks ... that's why I expect an ascent in the Fib 618 area and from there ... DOWN AGAIN!
however ... a close even for 1 day under Fibonacci 786 prepares me for SELL at least 100-150 pips!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
EURUSDAs I said last week, the EU is in a strong upward trend supported by macroeconomic problems in America! now it is in a very strong area from where I expect it to reject and descend again to the Fibonacci 618 area! however ... a close even for a day over 1.21800 opens the way to 1.25
NOTE: this pair may be influenced in the short term by any news
GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL!
we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
and please don't forget ....This is just a trend analysis! Please, give a LIKE if you find this idea useful!*
*This information is not a Financial Advice.
EURJPYas I told you last week ......"EURJPY has reached the trend line formed in the last 12 years from which it rejected!
judging by the pattern made in all these years, I expect the pair to keep the downward trend and in the coming weeks to test again the value of 120,900 or even 118,000! however, I will wait for the market to open and enter the sell at the first close for 1 day under 127,000"
next week we are still counting on a massive descent ..."
this week...as I said and played EJ went up and down almost 150 pips ... then went up again!
from my analysis I saw that usually this pair stays 4-5 weeks in a strong area after which it makes a very strong movement! so ... i will keep looking for sell in this area ... but a closure even for 1 day over 127,300 will make me think of a massive BUY
NOTE: this pair may be influenced in the short term by any news
GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL!
we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
and please don't forget ....This is just a trend analysis! Please, give a LIKE if you find this idea useful!*
*This information is not a Financial Advice.
EURJPYas I said on January 9 ... ""EURJPY has reached the trend line formed in the last 12 years from which it rejected!
judging by the pattern made in all these years, I expect the pair to keep the downward trend and in the coming weeks to test again the value of 120,900 or even 118,000! however, I will wait for the market to open and enter the sell at the first close for 1 day under 127,000"
next week we are still counting on a massive descent ..."
NOW...I AM WAITING FOR A CORRECTIVE MOVEMENT OF 100-150 PIPS AND AFTER IT WILL CONTINUE TO GO DOWN ...
NOTE: this pair may be influenced in the short term by any news
GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL!
we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
and please don't forget ....This is just a trend analysis! Please, give a LIKE if you find this idea useful!*
*This information is not a Financial Advice.
EURJPYas I told you last week ...
"EURJPY has reached the trend line formed in the last 12 years from which it rejected!
judging by the pattern made in all these years, I expect the pair to keep the downward trend and in the coming weeks to test again the value of 120,900 or even 118,000! however, I will wait for the market to open and enter the sell at the first close for 1 day under 127,000"
next week we are still counting on a massive descent ...
NOTE: this pair may be influenced in the short term by any news about the vaccine or Brexit!
GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL!
we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
and please don't forget ....This is just a trend analysis! Please, give a LIKE if you find this idea useful!*
*This information is not a Financial Advice.
GOLD RANGING...AND UP AGAINas I said yesterday ... "GOLD rejected from FIBONACCI 618 and exceeded our expectations (we gave 1824-1874)! for the next period we expect it to make a range in this area and to continue the climb to the 1923 area. .. 1983! "... the first target he reached!
GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL!
we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
and please don't forget ....This is just a trend analysis! Please, give a LIKE if you find this idea useful!*
*This information is not a Financial Advice.
EURJPY hit the trendline and rejectedhello traders! BloomFX wishes you a happy and fulfilling New Year!
EURJPY has reached the trend line formed in the last 12 years from which it rejected!
judging by the pattern made in all these years, I expect the pair to keep the downward trend and in the coming weeks to test again the value of 120,900 or even 118,000! however, I will wait for the market to open and enter the sell at the first close for 1 day under 127,000
NOTE: this pair may be influenced in the short term by any news about the vaccine or Brexit!
GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL!
we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
and please don't forget ....This is just a trend analysis! Please, give a LIKE if you find this idea useful!*
*This information is not a Financial Advice.
GBPCHF SHORTas I told you last week ... "GBPCHF respected our analysis from November 25 (see Tradingview) but closed above the Fib 0.5 level which would mean that it could make a correction to the area where we have Fib 618 and then go down again to the area of 1.17600 then to 1.16200 "...
...GBPCHF will have a strong rejection of 80-100 pips after which it will continue its descent ...
USDJPY LONG...even if the USD is very weak during this period, we strongly believe in a spectacular return of the strongest currency in the world ...
GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL!
we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
EURUSD SHORT
as we analyzed last week, "EURUSD has reached a very strong resistance, from where it has rejected almost every time in the last 14 years. And we need a confirmation at the beginning of next week, if we don’t have the confirmation then the pair could continue its way to the 1.25500 from where he could reject very strongly. This second option is to be considered because the pair has closed above the trendline formed in the last 10 years."...EURUSD has rejected the trend line and should drop at least 200 pips to around 1.19300 and after about 1.16500!
NOTE: this decline may be influenced in the short term by any news about the vaccine or Brexit!
GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL!
we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
USDCAD LONGIf last week he made a small correction and then went up, as we predicted (see the analysis from November 8),
this week we expect a wider rise of over 150-200 pips! Stay focused!
This is just a trend analysis! Please, give a LIKE if you find this idea useful!*
*This information is not a Financial Advice.