Eurusd has break the 0.236 fibo resistance so just wait chance to buy eurusd ... Im not sure the assumption this time. But im thinking UK would not leave out euro zone so lets see the result of UK 25th . so if GBP up eur down base on the erogbp currency pair
If USDJPY break though 150% level of fibo i believe it will drop untill 107.20-107.50 this zone . if price hit this zone i will consider to buy USDJPY. currently i think USDJPY should keep going down .
From recent highest price of gold 1304 till now 1212 98.47 dollars decreased . 7.55% off. And the lowest point 1206 seems to be a good point to buy . Plus it stand on the FIbo 0.382% retracement line . So buy the gold between 1200-1215 target first target 1230 second target 1240 thats it . The gold maybe down to 1110 . but the gold seller would not...
Watch out us dollar (DXY) 95.8-96.3 This zone !!!!! nice opportunity to sell !!! 2016-05-03 till now the dollar has boost 4.09%.After dollar break the down trend line the dollar increased 1.9%. Never mind i believe the dollar will continue going up but the highest point of 2016-03-28/29 has never been test .So STOCH RSI (14) indicators is showing...
tangle again gold hit 1275 then drop to 1271~1272 . i will buy the gold quickly ! target 1279
Well, 1270 was a big support but it struggle here nw . i dont know the gold is going up or not . so i will set a buy limit @1265.5 target 1271.2 stop loss 1263.5 in my demo account ! i will see how is 1265 support going ... if it goes well i will do further analysis
Wow ! ger30 has decreased too much nw .. but I still dont like to buy it nw . It looks like on the way to fibo 0.618% position . so yeah. just need to wait .. watch Ger30 hit 9740-9800 this zone . if it go with a nice big green then go buy it . Im a risk taker so i will buy it when it hit 9750 or 9760 .. just cant wait Haha
USDJPY has been oversold in these 7 days . it is going to hit my buy point 105.60 . so if it hit 105.8 i will consider to buy it ..so 105.8~105.6 good place to buy first target 106.7 second target 107.6 .
From April 07 lowest point 9467 until the highest point in April 21 1044 pipps 9.95% increased ! Does the ger30 will continue going up without any big drawdown ? No way ! i wil start short sell this index now so set sell limit around 10450-10500 first target 10240 second target 10160 ! . other scenario if German 30 continue going up and break...
Last Friday, AUDUSD insist went up . the close price stay above 0.77. Im thinking this time AUDUSD will go up . so if AUDUSD continue going up. The first target would be 0.7830. I will set sell limit around 0.7830-0.7860. The sell order's target would be 0.7680. If AUDUSD coming back next week i will set buy limit around 0.7650. The target would be 0.7790
Finanlly i found the best fibo retracement for oil .
The spx500 hit 2074 i guess it will have a a small up then drop to fibo 0.618 target which is 2012.5 . But i will close at 2032 .
april fool's day made trend trader sad .. the double top patten completed and we can see 10059 is strong resistnace . yesterday the support line 9738 had been break but it stop drop at 9763. it seems the 9763 is a stronk support . so i guess the dax30 wil have a small climb untill it hit 9836-9850. I will sell around this area with a small order stop loss at...
well, Thiis is just My assumption about NZDUSD movement . hope NZD well goes like my guessing haha !
This is for my frd in Canada. He want me to do forecast on S&P. So yeah , hope this assumption will help him.