hzs

hzs

Daily TF still uptrend and H4 now closed above 200ema. Looking to long at pullback at 200ema. If break below the 200ema, the analysis is invalid. Reward to risk is 3.5 : 1

hzs

Diamond pattern suggesting a reversal and as political uncertainty continue to weigh on pound. I am looking to short this pair. If Price break above the upper trendline, this analysis will be invalid. Reward to risk is 10:1

hzs

Pound on defensive due to political turmoil. However, it is pretty flat across against its peers. Market has not fully price in for the political risk. However I am still bearish on pound. If price break below the support level I will look for short. Reward to risk for this analysis is 5 : 1 Nevertheless, there is a chance of reversing upwards too. If market...

hzs

Pound on defensive due to political turmoil. However, it is pretty flat across against its peers. Market has not fully price in for the political risk. However I am still bearish on pound. If price break below the support level I will look for short. Reward to risk for this analysis is 5 : 1 Nevertheless, there is a chance of reversing upwards too. If market...

hzs

Political turmoil and uncertainty of brexit negotiation has weighed on pound. Looking to long at pullback, which is the previous high and also fibo retrace 61.8. So that level is pretty strong. Reward to risk is 4: 1

hzs

Due to uncertainty in US tax reform, USD pared gains and based on the chart, market is in range now. However overall, it is still uptrend based on D1. Possible reversal if did not break below Fibo R 61.8 Reward to risk for this analysis is 10: 1

hzs Updated 

Looking to long if retest at 1.4735 or form higher low. As long it did not bring below the X point, I will look for long opportunity. Reward to risk for this analysis is 3:1

hzs

New Zealand new Prime Minister Labour Party Ardern is implementing new policies such as reducing immigrants can affect the economic growth. Also lack of details in RBNZ cause uncertainty about future monetary policy outlook. So I am bearish on NZD From the chart, market is actually moving side way (200ema is flat). However, since the election, NZD has dropped...

hzs Updated 

Oil price continues to rise as US inventories data fell and OPEC remain firmed to cut oil supply. Oil price is correlated to CAD movement so my sentiment is there could be a sign of reversal if market cannot break above 200ema on D1. Looking to short if H4 retest at 200ema or form a LH and LL to short. FTP to at Fibo R 50.0% If price break above 200ema this...

hzs Updated 

CADJPY broke the consolidation yesterday after BOC keep rate unchanged. As from the chart it is still up trend. I am looking for a pull back and if price did not break above 88. 97 i will short to the 200ema and look for long opportunity as it is a cross pair. Overall USDJPY is up trend. I have a tight SL at 89.22 and final take profit is 86.23. The reward to...

hzs

Powell as the next Fed Chair seem to result is some pullback in the market. However, my sentiment is that dollar will appreciate in the long-term under his lead as there will still be gradual rate hike and reduction in balance sheet. U.S. economy is starting to pick up also. Nevertheless, today there is NFP data release which will show whether the employment in...

hzs Updated 

Looking for short opportunity with probable double top formation. Only entry if break below and close below 113.94. SL: 114.40 Final TP at 112.63 (fibo R 61.8) Reward to risk is 2.8 : 1

hzs Updated 

Euro dropped last week due to ECB extension of bond purchasing and Spain-Catalonia political uncertainties. Nevertheless, Aussie also dived significantly last week due to weak inflation data. Based on technical analysis, EURAUD is testing the impulse leg fibo R 61.8. Currently the market is in range and is waiting for more signal to dive lower or reverse. If on...

hzs Updated 

Overall uptrend on D1 TF. Looking to long if retest at 0.8744. ISL: 0.8724 (20pips), FTP: .9091 (Fibo R 61.8) Thursday BoE rate decision will see a volatilty in pound. GBPUSD will see a obvious down or up trend. If there is a rate hike, EURGBP will break below 0.8744 and this analysis will be invalid. If is a surprise unchanged rate decision, euro will rebound...

hzs

If tomorrow BoE rate decision see a rate hike, it will push gbpusd up to 1.5000. However, my sentiment is that it will not be a long-term bull as Brexit talks is still a concern that that affect UK economy adversely. I looking to short on Bat formation at Fibo R 76.8 Reward to Risk is 10: 1 If price closed above 1.3655, this analysis will be invalid

hzs

Based on higher time frame (TF) and Cad-related oil supply news, CAD is likely to go bullish. As based on D1 TF, CADCHF is still ranging. It is possible to break downwards or upwards after BOC monetary policy report later today at 10pm SGT. There is many different possible way to engage the trade, you can wait for a retest at the support or higher high and low and...