This is an analysis for a client. Technical indicators showing room for further bullish momentum. Please do your own due diligence. This is for analysis purposes only. Losses can happen so please understand your risks and investment objectives first.
This is an analysis for a client. Technical indicators showing room for further bearish momentum Bounce before chance of a further drop. Please do your own due diligence. Losses can happen so please understand your risks and investment objectives first.
This is an analysis for a client. Technical indicators showing room for further bearish momentum Bounce before chance of a further drop. Please do your own due diligence. Losses can happen so please understand your risks and investment objectives first.
This is an analysis for a client. Price is reacting at a key monthly support. Stochastic is on support where price bounced in the past as well. Please do your own due diligence. Losses can happen so please understand your risks and investment objectives first.
This is an analysis for a client. Price just did a triangle upside breakout with indicators showing room for further bullish upside. Please do your own due diligence. Losses can happen so please understand your risks and investment objectives first.
This analysis is for a client Counter looks good for going long, in line with long term monthly trend as well. Please do your own due diligence. Losses can happen so please understand your risks and investment objectives first.
This is an analysis for a client. Looking to short.
This is an analysis for a client. Tencent has just broken out of a triangle pattern to the downside. Please do your own due diligence. Losses can happen so please understand your risks and investment objectives first.
Gold just did a trendline breakout-pullback followed by price holding above short term ascending trendline support. Technical indicators are bullish as well. Buy XAUUSD Entry: 1739.99 SL: 1727.70
AUDUSD testing key support and Fibonacci retracement level. A bounce above this support towards resistance could be likely.
Short S&P Tactical View S&P broke out of ascending trendline support (now resistance). Price has also completed the breakout-pullback-reject move that I always look out for. Now looking to re-enter shorts around the 3735 resistance level for a short towards the 3600.50 support level. This is the healthy correction that I've been telling friends and family...
Long DBS Entry: 19.11 SL: 18.35 TP: 20.62 DBS dropped quickly to new lows and is currently in a rebound. Fibo and graphical level lining up nicely at the TP level. Price above ascending trendline support and also moving average. This should be a limited push up as I am generally bearish across the global markets.
Long GBPAUD Entry: 1.82485 zone TP: 1.85268 SL: 1.81307 Price has just crossed above long term moving average and further, price also reacting above ascending trendline support. I expect a further push up for this pair. Cheers!
DXY reacting right below 61.8% Fibo retracement. A further drop now towards support at 99.36 is expected. I expect USD to weaken further over the next few days. I would take this as a guide when looking at all USD related pairs. Cheers and have a great week ahead.
Buy EURUSD Entry: 1.06600 SL: 1.06330 Playing a short bounce above graphical support towards resistance which finds confluence with descending trendline resistance and also 61.8% Fibo retracement. A short term trade so I will quickly move my SL to protect my profits at breakeven.
S&P analysis: Where do we go from here? Despite the fund injection and emergency rate cut coming from the Fed to hold up the markets, the markets did exactly the opposite and fell lower over the course of last week. This is what I see for now: - If we have really completed a 5-wave impulsive EW movement up, then we are due for a 3-wave (a-b-c) corrective EW...
Short GBPUSD Entry: 1.2274 SL: 1.2356 Price holding below its natural moving EMA of 21 period. Further, price is also holding and reacting below descending trendline resistance. With MACD below 0, in a bearish environment. I expect price to drop further towards my target.
Short EURNZD Entry: 1.771350 SL: 1.775520 (Decided not to put TP because I believe trading should always be focused more on where we could possibly go wrong) This would be an intraday short. I am of the view that we should see a bearish drop towards my final TP. Price has been drifting lower since the start of the month. Though on the longer term view, i...