View On Dow Jones On (25 Feb 2018) This is not a bearish call just yet. This is more of the warning from the bullish side. Think twice or thrice if you want to enter long now as it does look overstretched. I expect 26,200 to 26,500 to be a strong swing resistant region. Let's find out. DYODD, all the best and read the disclaimer too. Feel Free to "Follow",...
View On RCE CAP BHD(25 Feb 2019) It is in a decent bull trend and it shall "easily" retouch 1.715 again. The other tgts are 1.775 and 1.855. So far, we do not see signs of bearishness just yet. 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...
View On XAG/USD (24 Feb 2019) We are in a decent Bullish trend and currently, $16.2 is acting as a strong resistant level. The level is a very hard break at this moment. At the same time, we are seeing 15.5 to 15.7 will act as strong support regions too. There is where you should wait patiently and go in "only if" with the good bullish momentum. DYODD,...
XXX/USD: Slightly Bullish (Euro is weak) Gold & Silver: Slightly Bullish XXX/JPY: Slightly Bullish (AUD/JPY is Weak) Indexes: Bullish BitCoin: 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...
View On Hong Kong Stock Index ( HSI ) (23 Feb 2019) We have been on the bullish side of Hong King index since early January and now HSI has hit the TP4 level. Another tougher level will be 30,970. There will be up/down swing along the way but we are in the overall bull trend. If there is any new development, we will inform you. ------------- Our Analysis...
View On Nikkei Stock Index (17 Feb 2019) We are seeing possible further upside on Asian Stock Markets especially Nikkei Stock index. It is indeed priming for a breakout. The level 21,500 will act as immediate resistant but it shall be broken up sooner or later. The next strong resistant (TP) region will be 22,250. Do your own due diligence (DYODD), All the...
Updated View On NZD/USD (22 Feb 2019) In trading, either your analysis goes in your favor (or) it isn't. No hard feeling. As long as you get it right more than getting it wrong, you shall be ok. But if you are getting emotional in every signal swing and movement, that is the best way to get your blood pressure high. It is just not worth it. So, be like water...
View On GBP/USD (21 Feb 2018) Just a quick write up. 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. 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 Singtel (21 Feb 2019) This counter has been drifting lower for a long time and it "may" be a good time for the strong pullback. This move is to swing out last short traders. We are seeing a high possibility of the decent swing up. There shall be up and down swings along the way but 3.27 and 3.32 will decent resistants (aka TP levels for Long...
Updated View On XAU/USD (Gold) We had a nice break out of $1330 level and it points possible further upside. But you need to aware there are still some chances for a pullback along the way as well. If you do not want drawdown and you want to time the time well, you can try waiting for a long set up near $1325 region. DYODD, all the best and read the...
Updated On NZD/USD (14 Feb 2019) NU is making 0.67- 0.673 as good support region. Now watch 0.6840 level, "only if" it is broken, it shall go to 0.6870 level soon. I suggest you to stay with the LONG side for now. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading...
Updated View On EUR/GBP (15 Feb 2018) As far as we can see, it is currently in the mini uptrend with a healthy Higher High and Higher Low pattern. The higher low is 0.876 region and it shall act as good support. So, as long as that region is not broken, it can rise up higher for now. The next TP/resistant level will be 0.8880 regions. This is where traders...
View On GBP/JPY (16 Feb 2019) We had a strong swing last week on all GBP related pairs. As of Friday candle, it is confirmed that 141 level is strong support and it ends with a rather bull momentum. So, we are seeing a possible further upside. ------------- Our Analysis ------------- LONG (entry is valid as long as the price is above 141.1) SL 139.1 TP1...
View On BTC/USD (18 Feb 2018) BitCoin is a big range/Swing mode for the past 2 months as it is priming for the next big move. We expect it shall rise UP soon. We are seeing 3500 and 3200 as strong regions of support. At the same time, we have $3,800, $4,150 and $4,500 as good resistants (TP area). DYODD, all the best and read the disclaimer too. Feel...
View On Hong Kong Stock Index (HSI) (19 Feb 2019) We have been bullish on HSI since the last December and the market has been hitting our taking profit levels (TPs) one after another. Go see our previous write-ups for more info. As of now, 28,470 to 28,530 was acting as temp resistant regions for now and the PA is trying hard to break it up. Sooner or later...
View On Crude Oil (13 Feb 2019) As per our previous trade analysis, the price had hit our TP2 level of $53.5, Now we are seeing $55 level as very strong resistant and the price may have a hard time breaking it up. It may be in the early stage of an upcoming sell down. We will update you again as it starts to play out in our way. DYODD, all the best and...
XXX/USD: Bearish (USD still have the upper hand) Gold & Silver: Mixed XXX/JPY: Slightly Bullish Indexes: Bullish BitCoin: Slight Bullish Post Scriptum: This analysis is for “general overview only” as it is solely based price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume, Macro nor any other factors are not...
View On Dow Jones On (15 Feb 2018) Dow Jones (and other major stocks markets) had strong up/rebound in last January. Moving forward, it is getting obvious that the bullish momentum has slowed. We are expecting that it is in the transiting toward a range bound market. You will need to pay more attention as it can swing around (changing bull/bear candle)...