View On Hong Kong Stock Index (HSI) (8 Mar 2019) We had a good run and it had hit TP4 some time back. We had a strong sell for the past 2 days and it shall continue to do so. We are expecting it can slide down to 28,000 first. Be careful with the LONG side for now. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" ...
View On CAD/JPY (12 Mar 2019) We had 2 bullish candles in a row. That is a sign of decent bullishness. Since WTI is directly linked to CAD, we may see CAD rise higher as Oil rises. It can go to 83.90 level. Let's see. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk...
View On Crude Oil (6 Mar 2019) As we mentioned previously, WTI is in the tough range of 55 to 56.8 as that region is proven to be strong resistance. It can swing up and down for no particular reason at the moment as there is no clear winner. As long as the price is supported at 50, it shall rise higher in the near future. A good target level will be $58 and...
View On GBP/USD (11 Mar 2019) We had a gap down today and it went below the previous swing below 1.2970. It shall trigger a lot of stop losses. Nice Move Cable. Now it is trying to hit swing back up and we need to see how the candle ends tonight. If there is a strong bull candle, it can swing back to 1.3050 and 1.3150 first. DYODD, all the best and read the...
XXX/USD: Bearish Gold & Silver: Slight Bullish (Weak) XXX/JPY: Very Bearish Indexes: Very Bearish BitCoin: Mixed/Slight 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 nor any other factors are not used...
We have strong momentum on the counter. It is very likely to go higher. It should easily go to 0.40. All the best. 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 level of risk, and may not be suitable for all...
View On USD/CHF (4 March 2019) This pair is no longer bearish. IF we have a strong break on 1.0001 level again, it shall rise a lot further up and 1.0059 will be the next tgt. 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...
View On German Index (7 Mar 2018) Let's make thing clear first. DAX is in the uptrend in mid-term (one to 3 months time horizon). Agree? read on. There shall be some pullback in every strong trend and now we are in one of them. It is currently in a pullback mode and it shall be shortlived. If you have shorted already, let the price action to show you. Once...
View On XAU/USD (6 Mar 2018) A few weeks back, we have warned about the potential SELL down in gold and we expect the price to go to these 3 levels namely 1302, 1288, 1280. Now it is hovering around 1280. It is time to take your profit from short. I expect the edge for the short side is no longer exist and the market shall go into range period before the next...
View On EUR/JPY (21 Feb 2018) We are in the decent up trend with a series of bullish candles along the way but 125.8 is acting as decent resistant for now. So, be careful if you want to add long positions. Bear may push back and gain momentum. On the flip side, 124.5-124.9 will act as strong support. DYODD, all the best and read the disclaimer too. Feel...
View On GBP/USD (5 Mar 2018) GU had a nice fall after hitting a strong swing resistant region of 1.3350. Now it has come near to a decent support level and we shall see a bullish candle soo. So be careful when you are thinking of shorting it now. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You!...
View On Nikkei Stock Index(5 Mar 2019) It has been going up recently and now we are at a strong resistant level of 21,765 regions. That region may cause the market to pause and may even pull back down first. If you want to long, I suggest you should rather wait at lower and strong support level such as 21,000 or even 21,200. If there is any changes, I will...
View On Hong Kong Stock Index (HSI) (5 Mar 2019) We had a good run and it had hit TP4 some time back. Recently we were in a sideway mood and yesterday candle was an interesting one. It has a decent bearish tone in it and hints on the upcoming bear momentum. We are expecting it can slide down to 28,360 FIRST as a quick slide down. At the same time, do keep in...
View On DBS (14 Feb 2019) We have been busy since last Jan on DBS and Bank stocks are in demand right now. The shall rise up higher. The first easy tgt is $25.10. 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...
View On XAG/USD (28 Feb 2019) 18.2 is proven to be a hard resistant and it just painted a strong BEAR candle in daily. It is likely to go lower first. Do not think about going long first. At the same time, we are seiing 15.5 to 15.7 will act as strong support regions too. The pullback is underway for now There is where you should wait patiently and go in...
View On Crude Oil (3 Mar 2019) WTI is in the tough range of 55 to 56.8 as that region is proven to be strong resistance. It may swing a bit lower first before bulls rush back in. Instead of shorting it, going in long at the lower price will be a better bet eventually. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" ...
View On USD/CAD (28 Feb 2019) USDCAD tried to break down yesterday but the Bulls fought back. In the end, we had a bullish looking daily candle. 1.317x seems to be an important level. Once it gets broken up, the price can rise back up to 1.3220 level again. Let's see. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" ...
XXX/USD: Very Bullish Gold & Silver: Very Bearish XXX/JPY: Mixed (AUD/JPY is Weak, while GBP/JPY is very bullish) Indexes: Mixed BitCoin: Mixed 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...