Updated View On XAU/USD (15 Apr 2019) Background: Gold and Silver are being pressed down deliberately (ever heard of London Fix?) and it can easily swing between $1,276 and $1,291. After hitting TP2 of last week, I am adopting Neutral stance for now. Let see. We have time. Target(s): Neutral 1300 (TP1) (Already Hit), 1310 (TP2) (Already Hit), 1320...
Updated View On USD/CHF (15 Apr 2019) Back Ground: It is Monday and it is going to be slow. I expect there 'may' be a pullback along the way but as long as 0.992 to 0.995 is supported. We shall see the further UP moves. Target(s): UP 1.0042 (TP1), 1.0059 (TP2) SHTF: 0.994 will be a good support region. DYODD, Our trade analysis may not suitable to...
Updated View On USD/MXN (16 Apr 2019) Back Ground: Hola. We are seeing a potential further Bullishness on this pair USD/MXN as MXN shall soon start to weaken. It is lil too early to tell so. I see the level such as 18.4 is a potential swing entry. Target(s): UP 19.1 (TP1), 19.3 (TP2) SHTF: 18 will be a good support region. DYODD, Our trade analysis may not...
Updated View On Hong Kong Stock Index (16 Apr 2019) Back Ground: The bull market seems to get stalled lately but the main trend is still intact. So if you are shorting it, please be careful. Target(s): UP 30400(TP1), 30800 (TP2) SHTF: 28300 will be a good support region. DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading....
View On USD/CAD (14 Apr 2019) First: Please go read the write up on 11 Apr. Back Ground: It is in the strong range mode since early March. Soon it shall show its real intention. I am expecting it to go down. As the oil potentially rise higher, it shall bring this pair down lower. Target(s): DOWN 1.322 (TP1) , 1.310 (TP2). SHTF: 1.365 DYODD, all the best...
Updated View On USD/CHF (8 Apr 2019) Back Ground: U/CHF is on the rise after being support well from good support of 0.994 regions. Now it is a side way rangy position and it "may not" enough strength to push through for now. It may get resistant well and it can swing back to 0.994 to 0.999 region. So, do not be in a hurry to go in long yet. Target(s):...
XXX/USD: Slight Bullish (EU is more bullish than GU) Gold & Silver: Bearish XXX/JPY: Very Bullish Indexes: Slightly Bullish BitCoin: Very Bullish Wk 16/2019 (13 Apr 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...
View On NZD/JPY (14 Apr 2019) First: NA Back Ground: The pair is using 75 as a support region to bounce UP. It shall go higher first to 75.5 and 75.9 first. Target(s): UP 75.5 (TP1), 75.9 (TP2), 76.2 (TP3) SHTF: 74 as strong support. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk...
View On Boeing (13 Mar 2019) Boeing is the strong swing down mode at the movement and I expect the current saga is far from over. Do not turn on your "value investor" mode just yet and the low can get lower and you can go in at cheaper prices later on. I expect it shall go to $350 region pretty easily first. DYODD, all the best and read the disclaimer too....
Updated View On LYFT (5 Apr 2019) Back Ground: Lyft shakeout is nothing but an attempt of the traders who didn't get it at IPO price and they want it cheap. So, we shall see the rise to continue. $1,300 to $1,310 region shall be acted as strong resistant too. Further bullishness movement will come in only after break out that 1300-1310 region strongly. So...
View On USD/CAD (11 Apr 2019) One of the challenges we face as traders is dealing with uncertainty. We all love the comfort of certain trades aka obvious setups. The main problem is when the trade set up becomes very obvious, it is very likely that you are already late. Think about it and Do you still seek certainty? Back Ground: It is in the strong range...
View On AUD/JPY (4 Apr 2019) Back Ground: We are seeing a RED candle currently as it has hit decent swing resistant of 79.40 level. We may (or) may not have a swing back for now but eventually, it shall swing back up. So, choose your level of entry carefully. Target(s): UP 79.9 (TP1), 80.9 (TP2) SHTF: It will use 79 regions as good support while 77 as strong...
View On Genting Sing (10 Apr 2019) Back Ground: We had a good GAP DOWn sell on Genting but I am seeing this move is a liquidity seeking mode. So it is risky to say but we may see a rebound soon. Do not buy it with the big lot but you can tip top to see it it works. Target(s): UP 1 (TP1), 1.1 (TP2), 1.125 (TP3) SHTF: $0.80 is the last support. DYODD, all...
View On EUR/JPY (10 Apr 2019) Back Ground: We had a sell down from 125.5 as it had hit 125.5 resistant level. It can get carried over (further down) BUT I See 124 and 124.8 as a strong support region. This is where BULLs will fight back. Target(s): UP 125.5 (TP1), 126.4 (TP2) SHTF: $124 is the last support. DYODD, all the best and read the disclaimer...
View On BTC/USD (9 Apr 2019) Back Ground: BitCoin had a good run as we mentioned previously. It can drift higher up to $5,800-$6,000 regions BUT I do not think BitCoin will not go to $7,000 or $10,000 level anytime soon. DO NOT rush into SHORT just yet too. Bull run may end the steam soon. Target(s): $4,400 first SHTF: $5,500 and $6,000 will be good resistant...
Updated View On EUR/USD (6 Apr 2019) Back Ground: Euro launched the last rebound attempt in the late March as the price swing up back to 1.14 but it had failed. Now we are back at the support level of 1.15 to 1.12 region. There "might" be some bullish attempt in the near future BUT it is a better bet for you to wait at the resistant level for SHORT trades. So,...
Updated View On XAU/USD (4 Apr 2019) Back Ground: Gold is now sitting pretty at the support level. So, it will use $1,277 to $1289 region to launch the bullish attempt. $1,300 to $1,310 region shall be acted as strong resistant too. Further bullishness movement will come in only after break out that 1300-1310 region strongly. So watch that region...
View On Best World (5 Mar 2019) The recent selldown has already spooked out the investors. Now, most of the investors must be in SOS mode with Hope and Hold. We are seeing the counter shall go a lot lower from now on. ------------- Our Analysis ------------- Short (entry is valid as long as the price is 'below' $3.3) SL $3.7 TP1 $2.1 TP2 $1.9 TP3 $1.6...