Trading can be simple but it is not always easy. We have a nice Bull bar on D1 and it may swing/inch up little higher first. But I expect bears to claw/attack back near 1.236 or even 1.245 regions and move lower. We have FOMC this week and it shall bring BIG movement. Have fun. DYODD and Trade Safe s0nic Disclaimer: The information contained in this...
BTC has little bullishness momentum at the momentum but it has a lot of hard resistants above, especially $9,500 level. Do not overconfident on the BULL side just yet. OVERALL, IT IS STILL IN A MAJOR DOWNTREND. DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not...
Bears are in firm control for now and I am seeing it shall easily go and retest the previous low near 23100 level. For any pull up. 24,770 will hold out as a VERY strong resistant. DO NOT blindly hold overexposed long positions. DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and...
It is not because of CHF, it is due to the bullishness of USD, this pair can swing up little higher. The next run up place can be 0.9580 level. DO not short aggressively yet, as it still can swing up. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice....
I expect precious metals such as Gold or Silver will be under bear pressure for the time being. They are in line the current bullishness of USD. Watch the level of $16.20, and if it is broken it can swing to $16 or even lower level. If there is any changes, we will update. DYODD and Trade Safe s0nic Disclaimer: The information contained in this...
There is nothing good about bitcoin at the moment. The media release bad news after bad news. You will be taking an unnecessary risk if you entering long. The trend, the Price Action is still pretty much pointing to BEAR side. My take is it shall go down to retest the February low of 6,000 to 6,500 level. Trade Safe s0nic Disclaimer: The information...
We have a strong breakout in HK index, now we have few strong support levels that supporting it. Once is 31,000 and the hard one is at 30,160. Bulls are in control and I expect it shall go to 32,000 soon. Let's see. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute...
You may have already noticed, 'Risk On' is back. It means we shall have the sell on USD and the pairs such as GU, AU can rise. But as for EU, it is not so true. It is mainly due to the fundamental issue of the existence of EURO. I am expecting this pair go lower and lower, we are in the early stage right now. So, you may want to build your portfolio around...
This Pair is bearish. We had a nice FAKE break out last week and it had nice tons of pins. Now, it can easily swing back to 0.886 and 0.881 level. I am staying on the BEAR side for now. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We...
Ok. That is enough. The little soapy dopey recovery is going to over soon. It may swing lil higher to 1.179 as a final whip but I expect it shall go a lot lower soon. (This idea will become invalid if the price break strongly above 1.18 level) Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes...
This pair has too much hard supports, supporting the price up near 1.1523 regions. It will swing up for a time being. Do not add short at this moment. I see it can go to 1.163x or even 1.169x area. I expect 1.163- 1.169x will be "momentum flip" area. So, you shall Long toward these regions if you want. Let's see. Trade Safe s0nic Disclaimer: The...
The momentum is Starhub is just too bearish. Now, it is at the weak support of $2.50 I am expecting it can go down a lot lower. It should easily go to $2.15. It is sort of late for short but do not catch the falling knife by going long. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and...
German index is in the dilemma right now. Watch the important level of 12,250 carefully. If the market break that levels strongly, it shall go alot of lower. Or if the market is supported by it, bulls may still have chances. Let's see. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and...
Bullish. We had awesome Bull candle with a long pin. It can swing to 0.9555. It is good to stay on BULL side for now as USD bullishness is making a comeback. Let's see. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take...
It is true that xxxjpy pairs should be a long-term down-trend and so is Nikkei. Now. I am seeing a potential oversold situation, as a lot of noobs has jumped in the sell wagon and it 'may be' time for a swing up to hunt their stop. So, if you are looking into short. Stay light. I expect it shall back go down sooner or later. Stay Alert guys. Trade Safe...
GBP/AUD is not entirely an ideal pair to trade as both GBP and AUD are weak IMO. From TA point of view, I expect this pair can go higher, and it is now in extended range. So, please patient as it may take some time to come out from the range situation. I see 1.7680 levels a decent support. Trade Safe s0nic Disclaimer: The information contained in...
The last time the USD/SGD pair was reviewed by the Dukascopy analysts, it was discovered that there is a medium term ascending channel guiding the Buck higher against the Singaporean currency. That pattern has remained intact and is best observed on the four hour timeframe chart. However, by switching to the hourly chart one can spot additional...
We will be having a final showdown in Euro soon. I expect Italy election shall be a shocker and it shall set off chain reactions. In overall, euro is still in the uptrend as long as the price is above 1.2350 and 1.2210 regions. Markdown that 2 regions, and if the price breaks euro can come down very fast and hard. GBP movement on Brexit, remember? I will not...