USOIL Oil reached Fib 0.5 level and long position target 59.34 yesterday, then seems confront downward pressure by offset position comes out. In daily trading, oil may need time and space to recharge momentum to challenge $59 in the future, therefore, consider to short at 58.80 for short-term consolidation profits. Support: 58.02 / 58.45 Resistance: 59.07 / 59.34
GBPUSD Pound fail to break 1.3300 yesterday and its already had 3 times pullback by resistance. It may have opportunity to retest 1.3200 level is strong or not today. Thus, we should better short pound first around at 1.3250 and watch out Euro market volatility. Support: 1.3200 / 1.3240 Resistance: 1.3280 / 1.3300
GBPUSD Pound successfully got support in uptrend trendline yesterday as our short position closed out. In overview GBPUSD recent trend, it is still in a good uptrend channel, however, 1.3200 had been experiences three days confirm for it effective. Therefore, I recommend long pound at reversal horizon or around at 1.3242, if Euro trading time won't have too...
XAUUSD Gold striving up as I mentioned yesterday, however, the downward trend line is breakout in Asia mkt, but its not a perfect path for uptrend momentum. Even though gold is creating new high this week, we should better keep stay in long position for safety. In daily trading, I recommend long gold at 1306 for anticipating boost in Euro market. Support:...
NZDUSD long it right now, it is retrace to nice position. NZDUSD is in a consolidation pattern, moreover, it will need at least break 0.69 resistance. :D
GBPUSD Pound can't stand on 1.3300 in Asia / Euro mkt, so it gave market the hint about pressure exist. Even though, Euro getting stronger with DXY pullback but it still can't present positive energy to GBPUSD. In this situation, we may consider to short pound for downward again in US market. Better try short at 1.3275 / SL 1.3300 / TP 1.3234 and...
XAUUSD Gold closed above 1300 last trading day and show vigor momentum to bounce. However, 1298 is the target price we anticipated for short position last week, then gold quickly pull up in Euro trading time. In this situation, gold may reach 1306 resistance in US market, probably have chance to retrace to 1303 for long opportunity. In addition, we should be...
GBPUSD Pound retest the support area in Euro market and clearly show three feet in 1H chart. Therefore, we can anticipate pound can have oppoturnity to rise again in US mkt, then challenge whether can take 1.33 back. So try long it around 1.3340~1.3350 and better keep SL at todays low or 1.3320.
XAUUSD Gold reveal weakness when it can't stand on 1300, then downward to 1392 yesterday. Moreover, 1393 had been confirm again in Asia trading time, so gold may motivate to recover loss and trying pullback to 1300. In my opinion, gold would bounce to test resistance in Euro trading time, then need to digest the pressure at 1302~1304. So in daily trading, we...
USOIL Obviously, oil maintain strong uptrend and retest the support area yesterday. Without doubt, we should better hold long position and target at least 59.34, however, if u didnt long oil, reversal horizon may be a chance to do it, which around chart time 06:00~07:00. Otherwise, $58 is relative critical pivot for uptrend, once oil stand above 58.00 the...
EURUSD Euro experiences continuous rebounce after Euro zone release negative signal and pullback to 1.13 again. After 4 days rising, Euro may have pressure to testify whether euro can hold on 1.13, therefore, it probably test 1.13 at Euro trading time during the data release. By following the uptrend recent days, we should try long position first at 1.1300,...
USOIL Oil finally breakout the consolidation interval yesterday, then it may be target at least to 59.34~59.70. Therefore, long oil with no doubt, but find the great price to get in. If oil still above 58.24 after Euro market open, which is 09:00, then its will be a signal to long it directly. In other side, if Euro market shows downward pressure to oil, we...
XAUUSD Gold retrace hardly in Asia trading time after hit downward trendline at 1311. Generally, 1300 is a specific price to gold for present strangeness or weakness, if gold can keep above 1300 that will be a signal for future rising. Therefore, I recommend do long at 1300 for capture bounce at critical point. Support: 1296 / 1300 Resistance: 1306 /...
XAUUSD Try long right now, if u didn't follow my strategy yesterday. Support: 1291 / 1293 / Resistance: 1298 / 1300 / 1302 Like if you trade, make Ideas or comments with me :D\u2028
USOIL Oil rise hardly V pattern to recover the losses last week, then even break the downward channel. Therefore, it may give mkt confidence of long position, even though oil present strong uptrend, we should more care about oil stand above 57.00 and test 3/5 high 57.18 in Asia time. In this scenario, oil probably will retrace at Euro market open and make sure...
XAUUSD Gold finally break consolidation pattern and bounce back to 1300 on Friday night, however, gold can't maintain above 1300 in the end, so it gave mkt the signal of correction for today. In general trend, gold had test 1280 for twice to ensure the bottom of mid-term uptrend, then we should better waiting gold retrace to support area and long for second...
GBPUSD Pound just established two feet in Asia trading time, then we can anticipating pound will bounce to recover gap for tdy. Therefore, I recommend to long GBPUSD right now and keep SL below tdy's low. Support: 1.2937 / 1.2971 Resistance: 1.3025 / 1.3041 Like if you trade, make Ideas or comments with me :D
USOIL We made short position on oil this early time, then it may have second chance to short for final trading day this week. Short it around at 55.53 and the time is about at 17:00 ( the reversal horizon ) Wish u got the profit tdy :)