USoil , as our plan this week, is bull on weekly and daily chart. Now we are only waiting for a new entry to long it again to follow daily or weekly chart. Waiting for our signals. LESS IS MORE!
XAUUSD stopped dropping last Friday because of the weak NFP . We just got our patience and luck to get a new long trade's tp1 hit again. Before this trade, we have a short trade' s all targets hit . On monthly chart, gold has problem to break through both red resistance zone. Buyers of gold should watch out carefully because it could reverse again to make a new...
AUDUSD is still on its downtrend now . On weekly chart, still cant see any strong sign of reversal. This probably because BOA is still sending a smoke bomb of cutting interest rates in the future. Its just time for AUSSIE to break 0.700. LESS IS MORE!
EURAUD is bearish again beneath the blue top resistance zone and weekly support line. Actually, EURAUD has been showing us bearing sign since last 2 months. RSI DIV since then. The new down trend of 1st wave could make 800 +pips totally. Good luck ! LESS IS MORE!
GBPJPY just give us a bear top on weekly chart again. This is strong bear signal with weekly ENGULFING PATTERN and also is a potential CYPHER pattern . Pips from C to D looks tempting. But we are only targeting to the red zone for next week. LESS IS MORE!
GBPCAD is bearish on weekly chart now. The first wave could drop down to the red support zone and then what? Bounce up to the green zone? We dont know yet. Also we dont know what will happen after retesting green zone , up or down? Both are possible. But the plan for next week is a short. LESS IS MORE!
XAGUSD has a weekly fibo 618 support. And our last long trade on it could reach TP1 in the begining of next week. The blue box is the target zone. After that we need more clues to know if price of silver want to go up or down. LESS IS MORE!
GBPAUD just finished its last rising job. RSI DIV on weekly chart after the last final fifth-uptrend-wave. A correction on the top has started alrady and still got more to drop down in the coming weeks. LESS IS MORE!
Its been hard on anyone who try to trade on oil last week. We got our trade SL hit on last Friday by the voilent flucutation. Back on our weekly guide, USOIL got it strong rally up in the last few hrs of last week, and that make it stand above the blue trendline. Nothing else, this is it needs. Bull again from the support of trendline and target 60-62 in the...
XAGUSD has made a support zone on daily chart. Just a new swing coming for a possible corrective wave or a new swing of 3rd wave up. LESS IS MORE!
EURJPY is still bear on daily chart. It could pull back a little be. As long as it cant pass through the blue line, it still on its wave 3 down to seek 265-444 pips drop from current position. LESS IS MORE!
This is a potential weekly short trade on our list now. A broken weekly trendline is still valid to us. As long as a bear signal appear this week, EURAUD is possible to reverse down to make a first new swing of 874 pips. Our last long trade on it made tp1 hit, but could not go further . LESS IS MORE!
USDCAD corrective up to fibo 618 position now. Is this a good reason to sell it now? Not, just a good reason to watch it and keep it on our sell list now. Still waiting for more infos. Maybe after NFP? LESS IS MORE!
GBPJPY is not a buy option for me on daily chart. Sell it once price pull back a little be. So we could have a narrower SL. LESS IS MORE!
EURUSD still have a huge problem to pass the blue pressure line on weekly chart. I have to say , this make it inclined down to break 1.10 and reach 1.08-1.09. Watch your long trades! Less is more!
Yen always has some Seasonal factors, esp on March to April. Its just got back to the first red resistance zone (fibo 0.75) A strong pullback last for 2 months. A possible new swing seems to happen soon from red to blue bottom. Just need some more triggers to pull it down. LESS IS MORE!
GOLD just stop dropping while hitting FIBO 382 position in the last 3 days. Ireally love to see if this support (fibo 382) is valid for a correction soon. Because on that case, we will see a strong possible new swing up to break 1340 and make a new record for gold( not in this week or next week ,but in few months) . Less is more!
USOIL has got its support from the support line again. It doesnt want to drop yet. 58.5-62 is the target zone for buyers. LESS IS MORE!