EURUSD Focus on 1.1196 / 1.1233 range If breakout one side will appear a trend, in my opinion, eur may pullback and rebounce. If breakdown 1.1177 then will forward to 1.1117.
XAUUSD US NFP seems may have negative impact on DXY so.. long for gold around at 1290 and look forward to 1296.
USOIL Oil test $57 again but fail to breakout, then pullback to 56.35 yesterday. It seems oil experiences consolidation period recent days, due to US mkt can't close above 56.45, which is a divide line that we can recognize the trend is. However, we may try do short first around at 56.56 and observe the downward volatility is strong or not. Support: 55.79 /...
GBPUSD Pound hit 1.31 previous day and got support on this pivotal price, especially pound got second confirmation at 1.3120 yesterday. In addition, if ECB release negative signal to EU, then GBP may benefit from it, therefore, I recommend long GBPUSD for anticipating pound can push up to test 1.32 resistance or more to 1.3226. Buy limit around at 1.3154 or...
XAUUSD Gold seems waiting for the news to initiate the momentum to break the interval, obviously, gold still in a weakness condition. So in my opinion, gold may probably drop to 1277 today, therefore, we may short it around 1286 or waiting for the 1277 to catch the bounce profit. Support: 1277 / 1283 Resistance: 1290 / 1296 Like if you trade, make Ideas or...
USDCAD BoC is ready to release the interest rate decision and projection of future economic condition. USDCAD is obviously in uptrend channel, but it may have correction after BoC announcement, due to 1.3388~1.34 are relative resistance area that CAD may have momentum to pullback, in addition, DXY doesn't seem well after US trade balance data release. So, in...
EURUSD Try to long Euro first for anticipate future rebounce. 1.13 and 1.1276 are critical support that Euro have in recent consolidation trend, if once Euro can't stand on it, Euro may experience dramatically drop to new low of this year. Then, cuz Asia trading time confirm 1.1290 again and didn't create new low after US trading, so it may be a opportunity...
USOIL It will be a challenge day for oil, due to oil fail to pull back to $57, oil may have chance to retrace for reconfirming the $55 support is sufficient or not. Obviously, USOIL struggle around $58 to $55 about 2 weeks, therefore, it would probably breakout the consolidation soon. In daily trade, I recommend short around at 56.28 first because of the...
XAUUSD Gold look forward to downward to 1280, 1277 and it will have opportunity to long for catch rebounce. Like if you trade, make Ideas or comments with me :D
USDCAD Cad maintain weakness in previous trading days, when USDCAD breakout the 1.3310 reveal a strong signal for long side and it may challenge 1.3372 or 1.3443 in the following days. In addition, BoC interest rate decision is coming tmr, CAD may have chance to reach the new high and turn in to correction. In daily trading, I recommend long at 1.3330 for...
XAUUSD Gold experiences seriously drop last week and break 1308/1300 relative supportive position. Because of the rebounce of Dollar and the critical support been break, gold seem engage in the short-term downtrend and probably downward to 1276 or more in the future. In first trading day of week, gold bounce in Asia time is a good signal to short it in Euro...
USOIL Oil hit 57.85 resistance last trading day and drop sharply to 55.63 support. In Euro trading time, oil try to test resistance 56.28 and fallback directly, it seem oil still have potential to downward more, therefore, we can short oil around at 56.20~27, then target at Friday low and 55.25. In addition, US trading zone will have opportunity to short when...
XAUUSD Gold volatile up and down intensely yesterday and break new low to 1313. We must be careful about the momentum and volatility appear again in Friday, so I suggest execute buy limit at 1308~09 to catch the strong support rebounce. Otherwise, if gold pull up in the Euro time it may have chance to short it for short-term profit, which time is better...
EURUSD Euro struggle around 1.14 recent days, it seems lack of momentum and positive factors to stand on 1.14. DXY may have small correction in Friday, but it can't give too much support on Euro, which it may need more good news from EU or Euro data release, especially Euro zone unemployment and CPI. In my opinion, Euro fail to break and hold 1.14 for 3...
GBPUSD After 4 days rising, Pound finally got correction and close around at 1.3260 yesterday, then Asia mkt try to break low 1.3254 but fail, so it may have chance to bounce to resistance today. Although, GBPUSD may bounce right now but the position is not really suitable to long, therefore I suggest waiting 1.3235 or the reversal horizon to long. Meanwhile,...
USOIL Oil became strong after I mentioned in previous analysis, and we can expect oil continue to create new high today. Especially, oil tested resistance 57.37 yesterday and have small pull back below 57.00, which is the critical price that can present whether uptrend strong or not. In daily trading, we can stand by to execute long position when price...
XAUUSD Gold breakdown triangle convergence pattern yesterday, and drop to 1318 twice in the night and Asia mkt open. In pattern's range, gold may at least drop to 1315 in the following days. Therefore, I recommend short gold around at 1321.5 first and anticipate gold will downward to 1315, in addition, be ware of the reversal horizon for short opportunity if...
USOIL Oil reveals a strong signal to us when it back to 56 again, so we should consider long it with no doubt. By the way, its time close to EIA data release and it may cause oil become volatile. In my opinion, consider buy limit at 56.20 and expected oil test 56.65~56.79 resistance area. If oil retrace at chart time 13:00~14:00, then will be a nice chance...