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.
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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...
View On BTC/USD (27 Feb 2018)
BitCoin had awesome run after our bullishness analysis.
It get carried away and run up to swing resistant level of $4,190 region.
Now we are seeing $3,500 as great supports and as long as the price cannot break lower than the level, it shall rise up again and visit $4,190 again.
DYODD, all the best and read the disclaimer too....
View On XAU/USD (27 Feb 2018)
There aren't many changes since the time I wrote about Gold. It is in a balanced state.
In The medium-term (3 months to 6 months time horizon) is bullish but as for the short term, I personally do not think it has enough strength to break out $1,325-$1,330 regions "easily".
I am not in the hurry to long. So please wait...
View On NZD/CAD (27 Feb 2018)
It is now at the resistant level of 0.908 and it "shall" break up soon or later.
The nearest resistant level could be 0.9142 and 0.899 as support.
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...
View On USD/CHF (25 Feb 2019)
1.002 is acting as a good resistant and it shall push this pair to move lower.
The nearest target is 0.9975 and 0.995.
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,...
View On ST Engineering (25 Feb 2018)
Just a quick write up.
We may be late but it is still under strong Bullish composition.
Do not short as it may be short-lived.
If you want to long, wait patiently to go in.
It can easily go to 3.85 regions again.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank...
View On GBP/USD (25 Feb 2018)
We had a very promising bullish candle on last Friday.
GBP is defying all odds/all recent bad news and trying to rise up and we expect it will move up higher.
Near term, it should easily visit the region of 1.312x to 1.315x. Let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" ...
View On German Index (26 Feb 2018)
We are seeing most of the stocks index are in overstretched condition and it may be in time for a pullback (At least a quick one).
I am seeing European Indexes will lead the pack if there is any drawdown.
11,340 is a good support/TP and 11,180 will be another support. Let's see.
So, if you had long positions, it is time to...
