Updated View On German Index (4 Feb 2018) It is proven that 11,340 will be a strong resistant. As long as the price is above 11,100, the price shall retest the resistant again. But in order to break out the resistant of 11,340, we will need a strong breakout candle to appear and I do not think it will happen anytime soon. DYODD, all the best and read the...
View On XAU/USD (6 Feb 2018) We are in a healthy UP trend BUT the price has met strong resistant near $1,325 level. The price had a nice pullback down to $1,314 area. I personally do not think it has enough strength to break out $1,325-$1,330 regions "easily". We may decent pull back down. It can go to $1,290 level first before it gets supported. I am not in...
Updated View On AUD/USD (4 Feb 2019) We had a very good run up and I've taken profit already. Now it is in a nice pull back and it is better not buy in now, as you can get in at the heaper and lower price. I will be patient. I expect it can pull back down to 0.7125 region first. Disclaimer: The information contained in this presentation is solely for...
Short: Weak candles show up in the later week. 25,000 level seem to be resisting well. You can take small shorts to see if you can build short positions. But keep in mind, we are still in bullish trend under W1. (45%) Long: We had a bullish movement in the early week but get slowed in the later week. So, be cautiously bullish on the long side. (55%) Weekly Bias...
XXX/USD: Mixed/Neutral Gold & Silver: Very Bullish XXX/JPY: Mixed (The pairs are not in line with each other) Indexes: Slight Bullish (Leaning toward bullish tones) BitCoin: Slight Bearish
View On XAU/USD (28 Jan 2018) Our TP1 and TP2 levels are hit. Now, it is on the way to hit our TP3 level. I see the level such as $1286 and $1,282 will act as good supports. On the flip side, pls be careful with taking aggressive long positions too. Trade with caution. ------------- Our Analysis ------------- LONG (entry is valid as long as the price is...
View On Hong Kong Stock Index (HSI) (29 Jan 2019) HSI has hit the TP2 level. Take it slow and do not rush into chasing the market. But sooner or lower it should be on the way to 28,000 level again. ------------- Our Analysis ------------- LONG (entry is valid as long as the price is above 24,200) SL 24,080 TP1 26,790 (Already Hit) TP2 27,660 (Already...
XXX/USD: Bullish (GU is very bullish while EU is bullish) Gold & Silver: Very Bullish (The bullish momentum is back) XXX/JPY: Bullish Indexes: Mixed (Leaning toward bullish tones) BitCoin: Side Way
View EUR/JPY (23 Jan 2019) After a 600 pips crash, here comes a stand-still. JPY pairs are trying hard to find a footing. Today we have a JPY high impact item. Overall, it is still bearish as long as the price could not break 127 regions. Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be...
XXX/USD: Mixed Gold & Silver: Slightly Bearish (The bullish momentum is taking a pause) XXX/JPY: Very Bullish Indexes: Very Bullish BitCoin: Side Way WK 04 (20 Jan 2019)
Updated On GBP/USD (31 Dec 2018) If you want to short, do not do it here. We have 1.27 as a decent resistant for any advancement at this moment. That is where you might want to wait. At the same time, if you want to go long, 1.263 will be a decent swing level to look for long. Go ahead. Pick your side. Disclaimer: The information contained in this...
Updated View On Crude Oil (27 Dec 2018) A significant short squeeze is in a making, possibly. Once, $46.4 level is broken up, it should fly up to 51.5 for now, till it meets some decent resistant. ------------- Our Analysis ------------- LONG (entry is valid as long as the price is above $42) SL $39 TP1 $51.5 TP2 $53.5 TP3 $58.1 DYODD, all the best...
XXX/USD: Very Bullish (They are getting stronger) Gold & Silver: Neutral (The bullish momentum is taking a pause) XXX/JPY: Very Bullish Indexes: Very Bullish BitCoin: Slightly Bearish
View On XAU/USD (29 Dec 2018) For the whole year 2018. Oxley has been on the slide and it can go lower still. I am expecting 0.24 to 0.265 is a good fishing net, you can 'try'to collect some. DYODD too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Disclaimer: The information contained in this presentation is solely for educational...
View On EUR/CAD (4 Jan 2019) I am expecting xxx/CAD pairs to go lower in the mid-term horizon(3 months or more). Be cautious as usual. The slide of CAD pairs shall be in line with the rise of the Crude Oil price. ------------- Our Analysis ------------- Short (entry is valid as long as the price is 'below' $1.5610) SL $1.584 TP1 $1.5214 TP2 $1.5175 TP3...
XXX/USD: Very Bullish (They are getting stronger) Gold & Silver: Slight Bearish (Bulls are taking a pause) XXX/JPY: Bullish Indexes: Very Bullish (Strong rebounds may be on the way) BitCoin: Neutral WK 02 (5 Jan 2019)
Updated View On EUR/JPY (23 Dec 2018) The risk event in the global market will bring the rush into JPY. Thus, we are seeing a further drop in JPY pairs. So, we are going to use EUR/JPY as an example. But watch your risk too. -------------- Our Analysis -------------- SHORT as long as the price below 128 SL 130.4 TP1 126.1 TP2 124.9 TP3...
XXX/USD: Bullish (They are getting stronger) Gold & Silver: Very Bullish XXX/JPY: Bearish Indexes: Slight Bullish (Dow Jones is bullish while HSI is mixed) BitCoin: Neutral