GU Now,it is under the bear influence for sure. The only thing that Bull can look out for is 1.32 support region. So, we need to see if it holds. In the short/mid term, I suggest you not to have high hope on the long/buy side just yet. We have to see a lot of swapping first before it can start to turn bullish. Until then, I am slightly bearish on GU. DYODD...
Gold I am Slightly Bearish. We have a strong sell down on the last Friday on tariff news. What it did was, it retested a strong support area of $1,274 region. In the coming week, I expect there will be big sideway (or) slight bearish movement to come in first. The next nearby decent support level is $1,270. There shall be a movement with Powell’s speech...
XXX/USD: Slight Bearish/Mixed Gold & Silver: Very Bearish XXX/JPY: Slight Bearish/Mixed USD/XXX: Very Bullish Indexes: Bearish BitCoin: Bearish
AUD/NZD So, everyone knows that AUD is bullish and so is NZD. So,, how about AUD/NZD. I see this pair is about to go lower soon. I doubt it will not go past 1.1 level, soon it will go lower. Let's see. DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute...
EUR/CHF We had a very good profit in EURCHF sell recently and they are already Tp as the hit strong support level. Please take note that 1.139 region and 1.152 regions are strong S/R. I expect it "may" swing up a little higher first, to inflict pain to the late short traders. So, DO NOT add short without thinking the potential drawdown. And overall, the trend...
USD/JPY We are seeing the start of slow down of USD/JPY, it is showing the possible 'start' sign of weakness on the pair. But mind you, the daily candle is yet to close. I expect 110.8 as strong resistant as it will not go without a fight. So, be careful with the bull side, now. Trade Safe, S0nic
XXX/USD: Slight Bearish Gold & Silver: Bullish (Precious metals are not so bearish anymore) XXX/JPY: Bearish USD/XXX: Mixed (USDCHF and USDCAD are not in sync) Indexes: Mixed (US index and HK index are not in the same direction) BitCoin: Neutral Week 24 (10 June 2018)
BitCoin We can say, it is getting bullish for now. A slight one. One of the nice support is 7400 region and 7200 level. I expect the price shall rise as long as these supports hold. At the same time, do watch out $8,000 level too as it is to hold as a nice resistant. To summarise, I am getting slight bullish now. Take it slow. Let's see. DYODD and Trade...
I am Slight Bearish. The weekly bar is an insight bar of the week prior. Now we have 1288 to 1293 region as a good support region. If the price ever goes there, you will need to watch out closely as it may hold well. At the same time, the market can swing up to $1,313 until it meets a decent resistant again. Overall, I am still leaning toward bearishness but...
EUR/USD We had a strong sell down in the recent weeks, now it is time to take a breather after it hit a strong support level last week. I am expecting a slight swing back up (or) a major sideway before the trend is to set in again. I am only slight bullish for now with the possible target of 1.18 and 1.192 regions. Just keep in mind that the major trend is...
XXX/USD: Slight Bullish (They are making minor swing backs) Gold & Silver: Slight Bearish (Precious metals are not so bearish anymore) XXX/JPY: Neutral/Slight Bullish USD/XXX: Slight Bearish Indexes: Mixed (US index and HK index are not in the same direction) BitCoin: Slight Bullish (It is making a minor swing back) DYODD and Trade Safe...
Gold We have a nice sell down in the last Friday but it didn't manage to break down the supportive region of 1288 to 1293. Now that region is proven to be serious level and I want you to take note of it. It is true that price action is still bearish but we have to accept that there are some sorts of bullishness are coming in too. I am reducing from BEARish to...
EUR/JPY We had an awesome fast and furious sell down recently, it may be a good time for a Swing Back. Do not short or add short at the moment. 128.8x regions can be a nice resistant level to look for short. DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute...
USD/JPY The market is taking a breather after the strong moves of the recent. Now it is a strong support level of 108.6 regions and it might go SIDEWAYS or even bounce up a little. In fact, it goes up, it presents a better chance to short down from a high level as the overall trend is still DOWN. DYODD and Trade Safe s0nic Disclaimer: The information...
USD/JPY We are seeing serious Bearishness on the pair for the past 2 days. In fact, this pair is highly correlated to stock markets. If there is any Risk OFF mode is on, this pair should slide. I am expecting it is just a beginning and the slide is to continue. We can look at 108.7 and 107.9 regions as decent support levels aka take profit levels. DYODD and...
Gold I am Slight Bearish. Now we have ($1288 to $1293 region) as a good support region. If the price ever goes there, you will need to watch out closely as it may hold pretty well. Overall, I am still leaning toward bearishness but we also need to agree that they are not that bearish anymore. DYODD and Trade Safe s0nic Disclaimer: The information...
XXX/USD: Bearish Gold & Silver: Slight Bullish (Precious metals are not so bearish anymore) XXX/JPY: Slight Bearish USD/XXX: Mixed (USD/CAD and USD/CHF are not in the same direction) Indexes: Mixed (US index and HK index are not in the same direction) BitCoin: Bearish (Hit our TP region already, Yea Baby!) DYODD and Trade Safe s0nic Disclaimer: The...
AUDCAD We are seeing the drop in bearishness, as it approaches the double bottom area. Soon, we shall see the rebound of it on the rise of AUD while on the weakness of CAD. It may not the 45* rise, and it might have wild swings. Just make sure your SL can stand the unnecessary swings. DYODD and Trade Safe s0nic Disclaimer: The information contained in...