Price Action: Slight Bearish (Weekly) Levels To Watch: 1.284 is supported, 1.305 is BIG resistant. I am Slightly Bearish. There shall be bearish carryover. It can go to 1.284 level easily. The next support level will be 1.279. You can try to look for possible reversal from these levels. Please take note that we have Yellen’s appearance in mid and later...
Noble is on the rise to me. It has pretty strong base now and it is in gap covering mode. 0.88 on sight. Trade Safe, s0nic
Technicals/Charts: - Approaching the Support/Resistance at 3.20/3.30 levels - Weekly RSI turned up at 50 - showing strength still - MACD consolidating for some time I would like to see price break above the resistance TL and the support turned resistance zone with high than usual volume. This will give an indication of a strong rally.
The first half of 2017 has been a good run for the Singapore stock market - Straits Times Index (STI), gaining over 300 points. However, we believe that a retracement or a reversal to the downside is imminent. The question is are we gonna see a retracement or a reversal? Retracement Price moves correctively, usually taking a longer period of time, and does not...
The FOMC is just around the corner, and we are seeing the revival of Gold after days of hard sell down. We still need to be cautious but it is possible to swing back up. Trade Safe, s0nic
Dow Jones has just cleared bullish charge and I see bearish forces are wobbled over. I am standing with BULL for now, as no sign of Bear yet in term of technically and fundamentally. Trade Safe, s0nic
Do much short on Yuan and it is about to continue unwinding/ I am standing with BEAR. We still have possibility of the pair going 6.6. Trade Safe s0nic
I am standing still standing with BULL. The market may not be ready for a plunge yet. It can swing to 145.5x level as a retest. Trade Safe, s0nic
Deciding moment for this pair now, Shall it hold at this level, it will rebound up back to above 3.1xx level Shall it break, it will fall back to below 2.9xx level
I am seeing the possible swing back on DJ as the market is starting on in Risk OFF mode, But keep in mind, we are still in "overall uptrend" So, I will be very cautiously on BEAR side. 21,000 or 20,935 regions will be the possible targets. Trade Safe, s0nic
I am expecting minor drop to continue as the mean of trend continuation for now. DO no long yet. It shall show more sign and lower level. I am standing with BEAR for now. Trade Safe, s0nic
Bull trend may be over soon, as I start to see a shake out attempt. It remind of 2011 Silver market. BULL beware. Trade Safe, S0nic
We had a nice lower high and lower low as it drops. But there are signs of bottoming. It is kinda early to say but i am "cautiously on BULL side" for now. 1.075 is possible IMO. Trade Safe, s0nic
As the Indices Team alluded to in the previous report, the Singapore free index has been in a channel since 2009. On monthly candles, it has broken further out of the Keltner Channel on the back of a bullish run since late 2016 showing promising signs for the indices long term growth. This run is fuelled by improved exports in Singapore. Looking at daily candles,...
Price nearing resistance highs which need to be broken to form the conditions for an up trend to form prior to a higher low.
Extension of Primary 5 with 50% consolidation in form of ABC will conclude the sideways and extension towards 1.48 and above. all DXY pairs are tend to trade in same directions. Good Luck. Trade your own plans.
I am seeing Bear to continue to dominate this pair. I will be standing with BEAR as long as the price is below 1.341x region. Trade Safe, s0nic
simple! monthly view presents second rejection of the weekly 0.61 fib daily presents a pullback today h4 presents entry opportunity whn trendline is applied