As the price action suggests, there is no way you should be a BEAR just yet. I just want to warn you that 89.6 to 90.2x region is the place where BEAR may attack. Just keep that in mind. We shall know the JPY's true intention by this Thursday. Trade Safe, S0nic P.S. Please follow, like, give comment to my analysis.
I can't help but see the bearish potential of the index. It may be a sell down but it is possible a deep pull back, or sort at least. We can use 12,400 as resistant while 11,700 as resistant as good support(aka take profit) level. I am standing with BEAR for now. Trade Safe, S0nic P.S. Please follow, like, give comment to my analysis.
We are seeing very strong reversal is unfolding. The Risk and the possible reward is just too good. I am seeing it can swing up to 0.99 level. We shall shall as it unfolds. I am standing with BULL for now. Trade Safe, S0nic
The Sell down is set to continue as the mid or long term. It can come swing back to 0.88 or 0.885x even , but even swing up is the sell opportunity to me. It shall go to 0.865x easily in near term. I am standing on BEAR. Trade Safe, s0nic
I have to say that EJ move up on the recent week has been rather fast and furious. Market doesn't stay too much away from equilibrium for a long time. That means I am seeing possible pull back on the pair. Furthermore, we have EUR and JPy high impact news this week. So, this pair is going to be super active. I am standing with BEAR. Trade Safe, s0nic
We are seeing an obvious congestion in EU right now. It is early to call for bearishness as there no Price action to support the claim, but it is very likely. We have Euro rate decision on this Thursday and I reckon, that the market is front running for that. This pair will be super active this week. Trade Safe, s0nic
I am Very Bearish for this week. We had another ultra-heavy candle in the weekly. The momentum is too strong. Please do not long yet. The bearishness shall spill over until in 1.26 region at least. We need at least strong bullish candle to start with, to consider long. Trade Safe, s0nic
I am Slightly Bullish. We had a nice reversal week and it ends with bullish candle. It is likely to drift higher for a time being until USD rate on week 30. The level such as 1243 will be next resistant for a time being. From Fundamental wise, we have no big polarized views yet. Please be aware that, USD rate info on week 30. Trade Safe, s0nic
We had a nice knee jerk action on the counter with strong break out in past 3 trading days a expected. This bullish momentum shall continue for sometime. So I am not standing with BEAR Side at all yet. The old thing to take note is that, the recent runup is not accompanied by thick volume. It can mean that the movement may not strong enough to hold it long. So,...
Even though we are now nearing at nice support regions, but it still has seriously weakened Weekly Momentum. The downward spiral still likely to continue. I see that 0.9120 is a reasonable target. I am standing with BEAR for now. Trade Safe, s0nic P.S. Please follow, like, give comment to my analysis.
We are seeing more sign of possible weakness are showing up. Moreover, we have BIG impact JPY news is coming up in the next week. I expect there will a firwork. I am starting to stand on BEAR side. Trade Safe, S0nic P.S. Please follow, like, give comment to my analysis.
Did you follow our trade analysis 10 days back? The trade is still valid and we are still in the track of going 1.8 regions. We are seeing NZD as the weakest among all while GBP still has its strength. That makes us BULLISH on GBP/NZD. Trade Safe, s0nic
I am seeing a nice Less risk set up, showing up, It is no longer valid if it goes above 1.1530 level. From fundamentally, there are signs of Euro being overbought. Let's see. We shall review again. S0nic
There are more signs of bearish are IN for Bitcoin. The very important level will be 2,200 as it has been holding well previously. But once 2,200 is broken, 2,000 to 2,030 seems to be the next support level. I am standing with BEAR for now. Trade Safe, S0nic
There are more signs of bullishness come up. It has a lot of bullish pins and the evidence are getting clear. Soon, it shall move UP faster as more and more people are jumping on Bull wagon. Stay on BULL side, it will make you $$. Trade Safe, s0nic
Did you follow my previous analysis on this pair? Well Congrats and there are more to come. Now the nice base is formed. It will go higher and higher. The base will be 1.048, while the target that I am looking at will be 1.075. Trade Safe, s0nic
A "one" day SELL Down that we had from 1228 to 1210 is a fake to me. I am BEAR in term of mid and longer term but it is very possible for it to swing back to 1228 at least. As I am seeing this a sell down was overstretched and it is time for it swing back as a breather. More over, we have Yellen to appear not once but twice this week, Gold will be under spot...
We have pretty solid bearish candles are showing up and it had a nice swing from previous swing high. The first target will be 113.5x and the next one further down will be 112.5. We have Yellen's appearance start from today and her speeches will have big impact on the market in general. We will also have JPY BOJ rate decision on Next week. Trade Safe, s0nic