GBP/AUD is not entirely an ideal pair to trade as both GBP and AUD are weak IMO. From TA point of view, I expect this pair can go higher, and it is now in extended range. So, please patient as it may take some time to come out from the range situation. I see 1.7680 levels a decent support. Trade Safe s0nic Disclaimer: The information contained in...
XXX/USD: Slight Bearish (They are not in the same direction) Gold & Silver: Bearish XXX/JPY: Very Bearish (Strong Sell Down) USD/XXX: Bullish (USD is making a comeback) Indexes: Bearish (HK and DJ indexes are in the same direction) BitCoin: Slightly Bearish Week 10 (5 March 2018)
We will be having a final showdown in Euro soon. I expect Italy election shall be a shocker and it shall set off chain reactions. In overall, euro is still in the uptrend as long as the price is above 1.2350 and 1.2210 regions. Markdown that 2 regions, and if the price breaks euro can come down very fast and hard. GBP movement on Brexit, remember? I will not...
We had an awesome run on EJ in total about +480 pips. Now every Tom, Dick and Harry know that EJ is bearish. So, it may due for potential rebound, so enter short with care. As long as the price is below 132.6 regions, I will look for a short entry only. In a mid-term (3 to 6 months), it is going lower and the next support is 128.8 level. Trade Safe...
I am on the bullish train, whenever we talk about oil price. It got something to do with inflation too. It shall hive and jive around all the way for sure. But sooner or later, we shall see $75 level. Let's see. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute...
Gold had a strong down and it is now a support level of 1314 region. Do not rush into and long as the PA of yesterday is way too strong for now. It can break lower and go to support levels such as 1275. So, if you are looking into wait for a time being and watch 1312 level closely. Trade Safe s0nic Disclaimer: The information contained in this...
BitCOin just managed to break above $10k level. So now, it can move to $11,290 level again since it is a very good resistant. I am slightly Bullish for now. At the same time, watch out $10k and $9,600 level. The tide will change if they get broken down. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for...
The dollar index is the BIG range, there are positions swapping going on and it shows the indecisiveness in the price action. It is no longer bearish to me, and it is likely that it shall retest 90 & 91.5 regions in medium TF (3 to 6 month). For the longer term, USD is still on the bear. Trade Safe s0nic Disclaimer: The information contained in this...
Now we are in retracement prone area of 1.2780. It may swing back a lil bit first. So, you gotta chill. It shall go higher back to 1.286 regions again. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets...
XXX/USD: Bearish (Both pairs are in the same direction) Gold & Silver: Bearish XXX/JPY: Mixed (The selldown seem slowed) USD/XXX: Bullish (US is making a comeback) Indexes: Bullish (HK and DJ indexes are in the same direction) BitCoin: Bullish (Bears has slowed down)
Overall xxx/CAD is still bull, but it is "already" near the resistant area. Did you follow our few days old USDCAD analysis? You need to look out the major level such as 1.258, they can help as supports area for a bounce. Anyway Sooner or later, it shall retest 1.275 again. Trade Safe s0nic Disclaimer: The information contained in this presentation is...
Apparently, DAX is waiting for the fate of Euro. And Euro's fate will be decided again in March 4. So, meanwhile, I do not see any meaningful movement and I am neither extra bull nor bearish at this moment. From the momentum point of view, it shall be able to swing back to 12550 level again until the date itself. Trade Safe s0nic Disclaimer: The...
1.2230 is one potential support but it can break down into a serious news/event. Once the level is gone, it can come down pretty fast. I am expecting sooner or later, we will see 1.20 or 1.1965 level. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice....
$11,500 region is indeed proven to be a good resistant. Now, all latecomers are trapped. DO NOT long or add positions at this moment. It can easily swing to $10,000 level again. After 10k, the next support is $8,200 region! DO NOT RUSH in and buy, you can get cheaper at lower price later. Trade Safe s0nic Disclaimer: The information contained in this...
So, did you follow our previous analysis? NOw it may be lil toppish with 1.2680 level, but sooner or later it will go 1.278 soon. Stays with BULL and be alert! Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities...
In fact, both AUD and NZD are weak, but AUD seems to be a lot weaker than NZD. Now we have 1.075 level as very good support and it may due for a bounce. I view this as a rather good chance to short sell at the higher level. Patience for now and I will look for a good bearish momentum shift to go in, and it will be a bonus if 1.075 level get broken by...
One thing to take note, USDCAD is likely on the UP trend. It is not exactly because USD is rising, it is rather because of the weakness on CAD. I will say I am Slight Bullish on this pair, for now. Let's see. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment...
CAD is in the BEAR mode. We shall see GBP/CAD to rise higher and they have many supports awaits, such as 1.751 or 1.74 regions. It shall go to 1.78 level and I am with the Bullish side. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of...