View On USD/CAD (14 Apr 2019) First: NA Back Ground: We are in the tough rangy condition since the early of May. We can expect the quick rush to 1.346 first. Target(s): 1.346 (TP1) SHTF: 1.335 DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or...
View on GBP/AUD (27 May 2019) We had a nice swing back down hitting strong resistant of 1.885 regions in the early May. Currently, the BEAR momentum seems to have slowed down. You may want to take a look into taking some profit if you have short positions. The STRONG support is 1.818 region. If the price manages to break 1.839 level, we can see some bull...
View On NZD/USD (27 May 2019) As mentioned in the previous post 0.65 region is nice support regions. It can go the 0.658 and 0.66 regions as a good swing up. 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...
View On NZD/CAD (24 May 2018) We are seeing the price rebound from the level of 0.875 regions. IF the current resistant of 0.879 breaks, it can go to 0.8877 region DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high...
XXX/USD: Bearish Gold & Silver: Slight Bullish XXX/JPY: Mixed/Slightly Bearish Indexes: Bearish BitCoin: Very Bullish Wk 22 (25 May 2019) Post Scriptum: 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...
View On GBP/USD (19 May 2019) Back Ground: I am dead wrong on the GU bullishness in Mar-Apr period. The market can stay irrational longer than you can stay solvent. We had a strong meltdown for the past 2 weeks and ended with a strong BEAR candle. At the same time, as the trend persists the potential of the opposite force making a comeback is strong too. So,...
View On XAU/USD (20 May 2019) First: We warned that $1,300 was a STRONG resistant. Background: As mentioned, $1,300 was a very tough nut to crack and at the same time $1,265 to $1,270 is a good support. We expect the market will take a clue from FOMC and it will take shape after the midweek. Target(s): Neutral. I will update if there is any new...
Updated View On WTI Oil (22 May 2019) Back Ground: We are seeing a little push back in Oil price at this moment and the level such as $61.5 shall act as a decent support. If you wanna long now, do not rush at all. Target(s): UP 63.9, (TP1) 64.4 (TP1), 64.95(TP2) SHTF: It will use 56 as strong support region. DYODD, all the best and read the disclaimer too....
We had a great run since early 2019 and now the bull momentum has stalled in recent weeks. So, we may go into a dreadful range period for now with big range bound movement. We can see the strong bullish support are near 11300 to 11500 regions and if there is any pullback to the mentioned region, we can expect a push back up. Time the trade well. DYODD, all...
XXX/USD: Bearish (GU is very bearish while EU is slight bearish) Gold & Silver: Very Bearish XXX/JPY: Very Bearish Indexes: Very Bearish BitCoin: Slight Bullish Wk 21 (20 May 2019) Post Scriptum: 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....
View On XAU/USD (13 May 2019) First: You can go read my previous analysis if you want. Background: Gold is currently in the grind UP condition and it shall inch further up slowly. The keywords are "grind' and slow. You can time them well. It shall revisit our old (TP1) of $1,288 again. Nonetheless, it might eventually rise again toward $1,298 region...
XXX/USD: Slight Bullish Gold & Silver: Mixed (Silver is bearish while Gold is slightly bullish) XXX/JPY: Very Bearish Indexes: Very Bearish BitCoin: Very Bullish Post Scriptum: 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 On AUD/NZD (10 May 2019) Back Ground: AN has been on the rise for the past few months. Things to See: Now we are seeing signs of weakenss and it shall make some pull back at least the sort. It may (or) may not be a downtrend but at least a pull back. Target(s): DONW 1.0489 (TP1), 1.0415 (TP2) SHTF: $1.080 DYODD, all the best and read the disclaimer...
Updated View On EUR/USD (10 May 2019) We are seeing some bullish attempt and it is stillin a fragile stage. Anyway. I expect it should easily retest 1.125 (TP1) and 1.128 (TP2). Let's see. 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...
View On USD/JPY (5 May 2019). First Thing First: NA Back Ground: The pair should go lower from the next week onward as USD shall continue to weaken. Target(s):DOWN 110.8 (TP1) , 110.3 (TP2) , 110 (TP3) SHTF: 112.9 should act as a decent resistant DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank...
View On NZD/USD (8 May 2019) Yesterday we had an AU rate and AU went up. So, today many traders might have thought it will be THE SAME and end up buying NU positions prior to the NZD rate decision releases. This is how the market gets you. It will swing down deliberately to eat these traders out. Now we can see 0.652 as good support. I will wait there...
View On GBP/JPY (8 May 2019) The momentum is priming hard to bring this pair down. Once 143.5 level get broken, it should easily swing to 142.2 region pretty fast. Do not long for now, unlesee we see a promising bullish PA (or) it is at support of 142 region. DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading. Whatever...
View On AUD/USD (5 May 2019) First Thing First: NA Back Ground: We are seeing the massive upside potential to unfold soon. The only problem is, it "might" go low first before it moves up. So you will need to do your proper lot sizing. Let's See. We have AUD news in the coming week. It is going to be interesting. Target(s): UP 0.708 (TP1) , 0.7112 (TP2) ,...