View On NEXO (21 Feb 2023) Nexo is very similar to the now defunct blockFi but it survived the last crypto meltdown. Nexo coin can be used as collateral to enjoy better interest payout. So, we can say there may be some kind of demand for the coin. Since it has dropped from the high of $5 and now it is at 0.75ish, I reckon we shall see some pull back UP...
Hong Kong Stock Index (13 Feb 2023) China economy is back in the full steam and it shall bring HK index upward too. We may be in the minor pull back for the past 2 weeks but I expect the bull force will come back in soon. 20,700 shall be a good strong support region and it shall go back UP higher. Legal Risk Disclosure: Trading foreign exchange or CFD on...
View On ChainLink LINK/USD (20 Feb 2023) Crypto ChainLink LINK/USD is mainly in the big swing mode for the nearly a year now. I reckon we are in for the BULLish mode as the low regions such as $5~$5.5 are accompanied by the strong rebound with big volume. We have better odd in staying on the Buy side. It should retest $9.25 region and $11 region soon. Let's...
First Thing First: 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 view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. BitCoin: Very Bullish Etherum: Very...
View on BitCoin BTC/USD (3 Feb 2023) We have a decent pullback in bull market last night and it is showing some signs of weakness in term of technical. It may due for a pull as I do not expect it to pass 25000~26000 level that easily. I will be on the bullish camp but will be defensive for now. BTC 20K will be a good support region. DYODD, all the best and...
View On Nikkei Stock Index (13 Jan 2023) Japan Stock index Nikkei was in the good run recently and it had met with the decent resistant near 276,00 region. That is why we are seeing some pull back and it will go back UP anytime soon. I see 26,800 as a strong support region and we shall look only for LONG as long as that region hold the price well. Whenever...
First Thing First: 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 view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. US1Y: Bullish US2Y: Bullish US5Y:...
First Thing First: 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 view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. BitCoin: Bearish Etherum: Slightly...
View On USD/CHF (7 Feb 2023) We are seeing some attempt (attempts) from the USD BULLISH camp recently and they are using 0.905~0.91 as strong support region. If the bullish attempt is an success, we may see some strong UPward move later. 0.955~0.96 will be pretty attainable. Anticipate, Participate and Manage Sonic DYODD, Our trade analysis may not...
First Thing First: 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 view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Very Bearish Gold &...
View On Soy Bean (26 Jan 2023) What a lovely Bullish Price action we had. It also have a strong monthly swing level (1450~1470) to boost. I am expecting the price of Soybean is to go UP further. The momentum will pick up stronger once the price has broken up 1510 region. Le't find out. Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries...
View On Nikkei Stock Index (31 Jan 2023) We had a quick dive and rebound. Now 27,000 & 25,200 region will be acting as decent supports. We shall see 28K region will be strong resistant but it will be broken UP sooner or later. 2023 Q1/Q2 shall be a bullish one. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment"....
View On Gold XAU/USD (30 Jan 2023) Well well well. we have been bullish since late 2022 and I reckon it will likely to continue the same trend. The 25 bps raise for this week more or less already priced IN. As FED continues to raise rate, we shall see the inflation shall pick up in commodities sector. 1820~1860 will be a good support region and the price shall...
First Thing First: 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 view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Mixed Gold & Silver:...
First Thing First: 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 view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Slightly Bullish Gold &...
View On USD/JPY (18 Jan 2023) We have a quick rebound upon the yield curve control (YCC) decision upon BOJ. It went up the strong resistant area of 131,5 region but it is quickly pull back down. I expect sooner or later it will rise back up again to retest the 131 and this time gonna go higher. 132.4 and 134.6 are good resistant regions. Let's see, DYODD,...
View on BitCoin BTC/USD (16 Jan 2023) Remember our analysis on 27 Dec 2022? We hope you rode the UP trend. As for right now, if you are thinking of going in on the BUY side, I expect you to be careful. Currently, it is at the strong resistance of 21000~21600 region. I reckon the UP trend will be stalled and going sideway for now. It is a short side...
First Thing First: 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 view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Bullish Gold & Silver:...