View On AUD/JPY (4 Apr 2019) Back Ground: We are seeing a RED candle currently as it has hit decent swing resistant of 79.40 level. We may (or) may not have a swing back for now but eventually, it shall swing back up. So, choose your level of entry carefully. Target(s): UP 79.9 (TP1), 80.9 (TP2) SHTF: It will use 79 regions as good support while 77 as strong...
View On Genting Sing (10 Apr 2019) Back Ground: We had a good GAP DOWn sell on Genting but I am seeing this move is a liquidity seeking mode. So it is risky to say but we may see a rebound soon. Do not buy it with the big lot but you can tip top to see it it works. Target(s): UP 1 (TP1), 1.1 (TP2), 1.125 (TP3) SHTF: $0.80 is the last support. DYODD, all...
View On EUR/JPY (10 Apr 2019) Back Ground: We had a sell down from 125.5 as it had hit 125.5 resistant level. It can get carried over (further down) BUT I See 124 and 124.8 as a strong support region. This is where BULLs will fight back. Target(s): UP 125.5 (TP1), 126.4 (TP2) SHTF: $124 is the last support. DYODD, all the best and read the disclaimer...
View On BTC/USD (9 Apr 2019) Back Ground: BitCoin had a good run as we mentioned previously. It can drift higher up to $5,800-$6,000 regions BUT I do not think BitCoin will not go to $7,000 or $10,000 level anytime soon. DO NOT rush into SHORT just yet too. Bull run may end the steam soon. Target(s): $4,400 first SHTF: $5,500 and $6,000 will be good resistant...
Updated View On EUR/USD (6 Apr 2019) Back Ground: Euro launched the last rebound attempt in the late March as the price swing up back to 1.14 but it had failed. Now we are back at the support level of 1.15 to 1.12 region. There "might" be some bullish attempt in the near future BUT it is a better bet for you to wait at the resistant level for SHORT trades. So,...
Updated View On XAU/USD (4 Apr 2019) Back Ground: Gold is now sitting pretty at the support level. So, it will use $1,277 to $1289 region to launch the bullish attempt. $1,300 to $1,310 region shall be acted as strong resistant too. Further bullishness movement will come in only after break out that 1300-1310 region strongly. So watch that region...
View On Best World (5 Mar 2019) The recent selldown has already spooked out the investors. Now, most of the investors must be in SOS mode with Hope and Hold. We are seeing the counter shall go a lot lower from now on. ------------- Our Analysis ------------- Short (entry is valid as long as the price is 'below' $3.3) SL $3.7 TP1 $2.1 TP2 $1.9 TP3 $1.6...
View On USD/CHF (18 March 2019) This pair shall lean toward the bearishness soon because of two possible reasons. 1) It is due to the demise/bearishness of USD. (or) 2) A potential upcoming strength of CHF. I believe the reason 1 shall be the proper one. Anyway, we have both FED fund rate and SNB announcement this week. This pair is going to be...
XXX/USD: Bearish Gold & Silver: Bearish XXX/JPY: Very Bullish Indexes: Very Bullish BitCoin: Very Bullish Wk 15/2019 (7 Apr 2019) Post Scriptum: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume , Macro nor any other factors are not...
View On FTSE (5 Apr 2019) Back Ground: We are in the strong impulsive move up and it may not last. We shall see some sort of pullback along the way. BUT it is not going to be a strong downtrend to me. In fact, any pullback to the support will be a good time to buy in. Target(s): UP 7,480(TP1) 7,560 (TP2) SHTF: It will use 7,000 as strong support. DYODD,...
View On Crude Oil (24 Mar 2019) Oil has hit one of our take profit level of $60 region. In mid(1 to 3 months) term, it is still bullish but we may see some retracement first as it is hitting decent resistant levels right now. As long as it cannot break $60 to $62 level, we shall see a pullback toward $53 or even lower first. DYODD, all the best and read the...
View On Dow Jones(8 March 2018) Tonight we will have NFP and US unemployment data. If the unemployment climbs above 4%, we will see a larger broad-based sell on US stock market. I an expecting it can go to 24,800 first. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk...
View On EUR/USD (3 Apr 2019) Back Ground: Let's face it. Euro is the weakest of them all (AU, NU and GU). It is making a pullback as DXY (US dollar) is making a pullback. So, we can play the swing trade. Target(s): UP 1.128, 1.133 SHTF: 1.11 should act as decent support. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press...
View On AUD/USD (2 Apr 2019) Back Ground: It is in the side way range since 18 Mar (2 weeks) and it using 0.705 and 0.7 as good support regions. The market can swing to these mentioned regions but they can get a bounce from them too. Target(s): 0.715, 0.718, 0.723 SHTF: 0.7 should act as decent support. DYODD, all the best and read the disclaimer too....
View On Silver AUD/USD (3 Apr 2019) Back Ground: We had a decent BULLish price action yesterday. Do take note. Now it should swing up higher. Target(s): 15.23, 15.46, 15.60 SHTF: 14.4 should act as decent support. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk...
View On Hong Fok (25 Mar 2019) We had a BIG UP recently and I expect we had a lot of retail traders are on board. And it might be in for a pull back. It should go to 0.9 to 0.92 range "easily" first. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange...
View On Best World (25 Mar 2019) We had made a decent killing from this counter in last Feb and we are seeing there will be another round of selling is to come in. ------------- Our Analysis ------------- Short (entry is valid as long as the price is 'below' $2.9) SL $3.7 TP1 $2.34 TP2 $2.27 TP3 $2 Do not trade with contra! DYODD, all the best and read...
View On CHF/JPY (29 Mar 2018) Back Ground: This pair is trying to break UP out of 111.3 regions and once it is broken strong we should further "fast" action. Target(s): 111.75, 112.4 SHTF: 109.6 should act as decent support. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk...