View On EUR/USD (4 Aug 2019) We are in the strong downtrend in weekly and higher timeframe on this pair but in D1 or lower TF, it is picking up. As a typical swing move, it can swing up to 1.115 as retest. So, if you want to follow the trend and go short, you can do so later. It is better for you to wait first at. 1.15 and 1.122 regions. On another hand, if...
First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume, Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Very Bearish Gold &...
View On Gold XAU/USD (27 July 2019) We will be having the FED item in the coming week and it is very likely that a 25bps rate cute is a given. There are 2 major regions that I want you to take note. Support: I am expecting $1,395 to $1,400 region to act as very good support. We can't be firm on the major pullback until the previously mentioned support is...
View On AUD/CAD (30 July 2019) It is under the established downtrend and the PA is bearish as well. The only thing is it is at the swing support level. So it is considered it is late to short. But if you are entering any long position, you will need to be extremely careful as the trend is not on your side. If there is any pullback UP, I expect 0.916 will be...
View On GBP/USD (5 July 2019) Background: We are on the strong DOWNtrend for the past weeks and now it is pausing for a while. We MAY (or may not) see some sort of pullback. If the swing back happens, 1.269 area will be a strong resistant region. Target(s): Neutral. 1.269 is good resistant region. SHTF: NA DYODD, all the best and read the disclaimer...
First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume , Macro nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Very Bearish Gold & Silver: ...
View On EUR/JPY (22 July 2019) Back Ground: The market was hitting hard on EURJPY since last May. So, the current main trend is DOWN still. Things to See: It is on the BIG sideway swing mode since the last June and we are seeing potential signs of bottoming. Target(s): UP 122.14 (TP1), 123.1 (TP2) SHTF: $119.2 is the last support. DYODD, all the best...
View On WTI Oil (23 July 2019) As we warned in the previous analysis, it could not break past $60 level and it is in the phase of pull-back. I expect $51-$53 regions shall act as a strong base to prevent the price from going lower and eventually the Oil price shall start to rise the near future. Let's see. DYODD, all the best and read the disclaimer too....
Updated View On EUR/USD (25 July 2019) Today we will have a series of High impact EURO items/news. High volatility on euro pairs is expected. It was in the deep pull back on the recent days but I expect 1.110 is going to support/defend very well. It is too early to turn bullish but it is getting late to be bearish as well. It is going to be fun. Let's...
Updated View On German Index (22 July 2019) DAX is in the "potentially minor" pull back at the moment. I expect the following support levels can stop the price from going lower. They are 12,200 and 12,080 region. So, if you want to buy in, be patient and wait for a good set up to appear. DYODD, all the best and read the disclaimer too. Feel Free to...
View On Deutsche Bank (8 July 2019) Apparently, the market seems to love the news of retrenchment. Deutsche Bank (DB) is in the healthy midterm UPtrend for the recent weeks. I expect it will go to 8.88 regions easily soon. So, it is better to stand on the LONG side now. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" ...
View On USD/CHF (23 July 2019) We have some bullish candles appeared in the past few days. Soon it has to break out from the DOWN trend (red dotted line) to show their seriousness on the bull side. We are seeing some potential Bullishness in USD/CHF and It can go to 0.992 (TP1)/ 0.999 (TP2) region. All the best. DYODD, Our trade analysis may not suitable to...
View On AUD/USD (24 July 2019) First Thing First: It is in the retrace mood after hitting 0.708 resistant regions. Back Ground: The PA is still very bearish and we may see some bull candle near 0.695 to 0.7 region. Target(s): Neutral. If you want to long wait for a BULL candle to show up first. SHTF: NA DYODD, all the best and read the disclaimer too....
View On Gold XAU/USD (15 July 2019) Gold had a nice BULL run in gold last June. It moved nearly +1,500 pips and it'd have burst a lot of stubborn traders' accounts with their short positions (You should be fine if you followed our previous analysis). It reached up to $1,440 region in July and went into the sideways movement ever since. Looking forward, I expect...
First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume, Macro nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Slight Bearish/Weak Gold &...
View On GBP/CAD (16 July 2019) Currently, We are in a prolonged established downtrend. But the past few days the market seems to go into the sideway mode and it uses 1.63 as some sort of support. Watch out 1.636 regions, if the price manages to break and stay above it, we may see some short covering rally. Let's see. DYODD, all the best and read the...
View On USD/CHF (17 July 2019) We are seeing some potential Bullishness in USD/CHF and It can go to 0.992 (TP1)/ 0.999 (TP2) region. DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading. Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account. Feel...
View On Hong Fok (29 Apr 2019) Did you follow our BEAR view for the past month? Money in the bank. yo! It has moved to the swing level and it 'may' be able to do some rebound. But it is better to wait at a strong resistant level to SHORT it down instead. All the best. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" ...