GBPUSD Pound goes pretty well as I mentioned recent analysis. As the Brexit vote postpone and the uncertainty become clear and define, then GBPUSD soaring to breakout the resistance and create new high level to 1.3285. Certainly, uptrend of pound is the fact, but in daily trading we should be more careful about the bull trap, which may cause the correction...
XAUUSD Gold seems more fragile than other currencies yesterday, even though DXY drop to 96 after Powell speech. So it may be a concern about gold need more time or wash dish to regain the momentum to push up. Therefore, the trend of gold would not be clarify and more compress today, but we should still stand by long side for daily trading. Consider long...
XAUUSD Gold test 1325 for three trading days, then can't create the new low, moreover, gold have positive impact by DXY weakness and international unstable issues. In addition, Federal chairman-Jerome Powell will present in the US mkt and may cause DXY more volatile. Consider to long gold around at 1327~1328 as long as 1325 wont break. Support: 1321 / 1325...
USOIL Congrats to u all for profit yesterday! The more quick drop off, the less it may sustained. Unfortunately, oil downward again to 55.08 at Asia mkt opened, which was low of US mkt, its not a good sign for new short position to execute. Due to price drop too deep and too fast, oil may in shakeout situation today, therefore, I recommend if u still got...
NZDUSD New Zealand had nice economic signal by recent data released, in addition, it prohibit stronger than other risk-appetite currency. In other side, NZD got triple bottom on daily chart, so it may have solid structure to rise forward. Once NZDUSD breakout 0.6883 and keep above it, the uptrend pattern will be confirm. Like if you trade, make Ideas or...
GBPUSD Pound pullback to 1.2970 last week after triple test to resistance, then quickly bounce back and close up above 1.3050. Its obviously, market have confidence on Brexit progress and UK economic. I anticipate GBPUSD may breakout the trend line and test 1.31 again when the positive mkt news reveal. Support: 1.2990 / 1.3027 / 1.3054 Resistance: 1.3072 /...
USOIL As I mentioned in Friday analysis, oil failed to breakout the resistance and had tried it for 3 days, therefore, oil may need pullback for more momentum to rise again. In this situation, we may consider short oil for short-term trade, especially before wedensday. Consider short USOIL around at 57.14~57.20 / SL 57.44 / TP 56.64, 56.00. Support: 56.00 /...
XAUUSD Final trading day in this week, keep alert at US market and be ware of instantly bounce by gold. For daily trade purpose, we may consider waiting 1331 for short, because of gold retraced to the uptrend start point in 2/19, so it probably bounce to 1331. Consider doing short first, then waiting the correction end to do long. Hope u guys have nice weekend :)
GBPUSD Pound fail to breakout resistance at 1.31 and 1.3075, however, it had challenge the pressure for three times, as two in US market, one in Asia market. Therefore, it may demand pullback to recharge the momentum to push up again, so consider stay in short position for daily trade. Short around at 1.3055 and set SL at 1.3085, then target at 1.2990 and...
USOIL It is the critical day for oil to decide whether breakout the resistance to create new high or not. Obviously, oil price pullback slowly and being shakeout all the US market till now. Market need motivation to decide the trend which keep rising or more correction, therefore using time to waiting the news or trend line support. So, we shouldn't execute...
EURUSD Euro didn't empower to rise further after FED announcement yesterday. Therefore, it seems market is waiting for the Euro zone data release and EOC. If euro zone CPI and PMI can't give more confidence on Euro economic condition to investors, then the announcement of EOC will be the most important event of today's market. In my opinions, I expect...
AUDUSD AUDUSD got huge pressure at 0.7200 after Australia unemployment rate reveal this morning. It seems AUDUSD have profitable pressure and may close below the open price 0.7163. .....I was editing the idea and the news of au parliament comes out..then AUDUSD suddengly drop off. So, short for it around at 0.7127, then look forward to 2/15 low at...
USOIL EIA is coming today in US trading time, and be ware of the data impact, it might cause oil unstable today. For daily trading purpose, try to short oil for setting small SL right now around 57.5, although oil still very strong in uptrend channel, but it already rose for 7 days. Therefore, we must be on the alert of oil retrace suddenly in this situation. ...
GBPUSD Pound may be unstable after soaring yesterday, so be ware of GBPUSD retracement or even shake upside-down. For daily trading, we still stay on long position for expecting pound would go higher to 1.31. Thus, we can set buy limit at 1.3030 or waiting for the reversal horizon when pound retrace in the Euro trading time. Support: 1.2990 /...
XAUUSD FED is coming, Gold may have chance to reach 1250~1252 today, it depend on whether FED can release positive signal to gold or not. Until now gold still have space to 1352, since the uptrend of gold at 2/14. Therefore, we can expect to long it around at 1340 for second rising opportunity after Asia trading time reach 1347. Support: 1334.5 /...
USOIL Oil still health in the way to rise to 57.46, weak dollar and oil stock reduce concern made oil got more momentum to push up. So, we better long oil before EIA data coming, then anticipate oil to test 57.46 resistance. -Buy limit 56.17 / SL 55.87 / TP 56.85, 57.42 Support: 55.43 / 55.67 / 56.17 Resistance: 56.84 / 57.46
XAUUSD Gold maintain strong uptrend in few weeks ago. It would test 1326 again today, and probably will create new high to 1331 or more. Waiting for the retrace at Euro time for long position, if it happened, otherwise do it for another situation. Like if you trade, make Ideas or comments with me :D
GBPUSD As I mentioned in 2/14, pound will have rising opportunity in following days. I recommend to buy at 1.2795, moreover, if u didn't get on the train, buy limit at 1.2893 and anticipate to challenge trend line pressure at 1.2920. Like if you trade, make Ideas or comments with me :D