Updated On NZD/JPY (15 Feb 2019) It has hit the resistant level of 76 and currently, it’s making a pullback. It can swing to the nearest support level of 74.06. It is more of just "a momentum play" to us before it resumes the overall uptrend. We expect the sell-down will be pretty much contained as we see the pairs have potential massive support near 72.3...
View On AUD/NZD (7 Feb 2019) This is one beautiful LONG set up IMO. I am expecting it shall visit 1.0650 level soon. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment...
View On USD/CHF (30 Jan 2019) I see the fed shall not raise the rate tonight? Why? They have no reason to do so. National GDP and Unemployment rate are within the expected range. We may have some "risk on" effect due to the no hike and it can bring positive impact on USD/CHF We are taking off my previous short bias on this pair. ------------- Our Analysis...
First of all, THIS IS ONE RISKY COUNTER. DYODD big time on this. NO reward can come without risk. We are seeing a possible sign of bullishness. It will become more obvious once it breaks up 0.03 level. It is not recommended for Contra trading, too. Legal Risk Disclosure: Trading foreign exchange (or) CFD on margin carries a high level of risk, and may...
View On USD/JPY (7 Feb 2019) We are back on the risk on period and this pair is too rise higher. It is facing some resistant near 110 level but sooner or later it will break out UP. ------------- Our Analysis ------------- LONG (entry is valid as long as the price is above 108.5.) SL 107.1 TP1 110.8 TP2 112 DYODD, all the best and read the disclaimer...
View On XAU/USD (11 Feb 2018) 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, just yet as I prefer it to go in with strong bullish momentum at good support. I will wait patiently to buy in,...
View On USD/CAD (10 Feb 2019) We had a quick run up and it may do some pull back for now. But as long as 1.312 level is supported, we can swing up to 1.337 level again. 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...
XXX/USD: Very Bearish (USD is making a strike back) Gold & Silver: Mixed/Slightly Bearish XXX/JPY: Very Bearish Indexes: Neutral BitCoin: Slight Bullish
View On Nico Steel (8 Feb 2019) This counter is one slo-mo counter but it is still proving its overall bullishness. Trade with care as well since it is very speculative, it shall reach 0.007 level soon. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Disclaimer: The information contained in...
We had a strong breakout and my previous trade idea is no longer valid. Price Action is too strong to call for any bearishness at this moment.
View On GBP/JPY (7 Feb 2019) We are back on the risk on period ib overall and it can bring this pair up higher. Do not get fooled the price action alone. It is facing some resistant near 142.8 level but sooner or later it will break out UP. ------------- Our Analysis ------------- LONG (entry is valid as long as the price is above 141.1) SL 139.1 TP1...
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...