XRP READYLooking for the XRP fans, We always predict XRP will go higher and get a great shot. Lets all in for XRP. Waiting for XRP LAWSUIT CASE. XRP TO THE MOON
Malaysia
EURUSD ANALYSISBased on Eurusd we can see the trend is in the support which the price may be break or retest on 16/6/2022. Thus we need to wait the price reaction on the support zone. Just Wait and see.
SGDMYR 3.5 targetWas in a conversation and the SGDMYR exchange rate came up. Since 2016, Ihad thought that the SGDMYR would hit 3.50 as a target, a very painful target for many. Well, I was not right as it only breached 3.20 then and nicely consolidated.
The 3.50 target is still in play, and now present to you technically how it is projected to be...
Over the years since 2016, a multiyear triangle had been forming and 2021 seems to have broken out, retested and in 2022 April, launched upwards with the strong SGD.
The strong SGD, and even stronger USD is going to propel the exchange rate to the 3.50 target ( Current projections point to 3.45)... target projected to hit by end of 2022.
Technically, the Bollinger Bands are now expanding and the rate is pushing or leading the upper band. It has also been bouncing off the Monthly 55EMA. So, trend is going up for the next year or so.
Heads up, it is more pain to come really. And we all thought 2020-2021 were bad...
Take care folks.
FIB PRICE CLUSTERS : potential support shown and testedP 1.0 : 9.10 A
E 1.618 : 9.35 B
E 1.618 : 9.33 B
E 1.272 : 8.94 A
P 1.0 : 9.08 A
Two clusters (A and B) based on multiple fib relationships, methodology based on Carolyn Borden.
DSONIC - BREAKOUTDSONIC -
-breakout downtrend line with strong upgap + big volume
-monitor if price hold above 0.500 level
Bitcoin Being Considered as Legal Tender in MalaysiaThe local Communication Ministry has proposed to the government that "cryptocurrency such as Bitcoin" should be implemented as legal tender.
The deputy minister of the authority, Zahidi Zainul Abidin, commented that they want to legalize crypto in order to get young users to utilize Bitcoin for daily transactions and provide them with necessary assistance.
Currently, cryptocurrency is under the regulation of the local central bank and Securities Commission of Malaysia.
Last year, El Salvador was the first country in the world to adopt BTC as legal tender, and it started preparing a project to mine cryptocurrency using the energy produced by local volcanoes.
The country's president, Nayib Bukele, made a prediction that this year at least two more countries will adopt Bitcoin, following the example of El Salvador.
VS INDUSTRY: MARK-DOWN PHASE HAS BEGUNTech upcycle which began around 2013 has come full swing and is coming to an end. We are at dotcom bubble stage.
Smart money has completed distribution and has engaged "labor activist" to trigger the mark-down phase. Protect your money.
Expect VS Industry to gradually drop to around $0.20 (>70% decline)
Not investment advice. Please do your own due diligence.
GOLDMain je sell sampai 1840, yang mana nak scalping tu cari setup sell je. takyah nak menggatal buy. dia nak retrace dulu, dah kena zone yang aku mark. baru cari setup buy
CHOOBEE To Start to Fly?MYX:CHOOBEE
Technical Analysis
MA 12 crossing up MA26
MACD super buy signal
RSI above 50%
ADX buy signal
Trading plan
Buy price: $1.93 and below
Cut loss price: close below $1.75
Cut loss %: 9.33%
R:R ratio: 2.72
Disclaimer: This is not a buy call. I am sharing my analysis only.
MALAYSIA: TECH STOCKS PEAKEDRatio of Technology Index vs KLCI is at similar levels as the dotcom bubble.
Broke below lower red line. Resistance held.
Even if US tech melts up, there's no guarantee Malaysia tech will follow suit.
Opportunity to sell?OANDA:NZDJPY
As the daily TF is downtrend, so my focus now is sell.
The technic I am using is BBMA.
Daily: Reentry sell
H4: MHV
H1: Break trendline support
AUDJPY Opportunity to short?As I analysis using BBMA. My strategy is like this:
D1 is reentry sell.
H4 is extreme (you can see double top here).
So you can take your trade and put stop loss above previous high.
Happy trading. FX:AUDJPY
Analysis Bitcoin 26/12/2021, Malaysiamarket masih belum tahu nak ke mana arahnya, tapi aku punye analysis market akan jatuh sedikit lagi
Oh! Futures Kuala Lumpur Index Marching to Support Level 1550?Profit taking activities and market lack of catalyst led market lower ahead of the announcement of Malaysia Budget 2022 by 29 Oct 2021.
Stochastic shows buying forces deteriorating.
Maintain short term correction view with immediate support level at 1550 and next support level at 1520.
Market may rebound after tomorrow announcement. We shall see market resume uptrend by next week.
XAUUSD DIRECTION MAPPING BY LUQMANANThis is my prediction for XAUUSD . Im looking for swing Long because analyst predicted there will be market crash on USD this November .
tasco - potentially up1.06 and 1.02 is strong support. if can support, then potentially up to XX
if break support , cut loss.
FTSE Bursa Malaysia Trend Prediction for 20 to 24 September
Greetings, since the trend break through the bottom resistance 1557, now the new test of resistance will be 1527.
The MACD and RSI show the down trend and i feel that it is meaningless to show the indicator, so i use other indicator to show the how the trend is going.
As you see, the trend is down trend now, and the down trend would probably continue at next week 20 - 24 September. Only when the cloud turn into green, and the candle shows up light blue or green colour, then the trend might be rebounce again. When the candle go below the EMA , the EMA will turn into red colour, when it backs to above, the colour will turn green.
Other reason we predict the trend will keep going down is because the week trend and month trend are going weak.
If only the trend does not break through 1527 resistance line and keep above it, then the rebounce may come again.
Again, All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour.
Hope all of you may earn more money and be a rich man/woman.
yea mayn, XAUUSD will be bullish According to the chart, the candle stick position is at the area of confluence.
Also, the Stoch Indicator was oversold.
Well , correct me if my calculation is wrong =D
Inari to the moon?This is the second stock idea related to semiconductor. Inari has been forming an ascending triangle chart pattern. Now will be interesting to see if 3.75 resistance can be broken. There's a support at 3.36 and the uptrend line which coincides with the MA50 line. This is worth waiting for if it does not violate the support.
SINGAPORE INDONESIA MALAYSIA US COVID ProjectionTime for an update...
Singapore is not enjoying it, but it is in a surprise wave. IT should start to taper off, but the tail would be long...
Indonesia was as projected, and appears to be slowing slightly.
Malaysia is the surprise, as instead of tailing off, a new spike over the last three weeks emerged and the trajectory indicates higher levels over the next weeks.
Of interest, the USA... as the CDC makes about turns in their advisory, and summer holidays are going on with people being still very complacent about it, it looks like a spike wave is due over the next two weeks, and projected to accelerate.
On this note, I wonder IF the equity market will finally realize and freak out for a bit here...
It has been 1.5 years, have we learnt nothing?
If at all, the war has changed inherently, with the Delta variant. There will be more to come...
JHM - Continue the uptrendJHM - Continue the uptrend and stays above the resistance line after the last post I mentioned for JHM to monitor.
D&O - New HighD&O Continue the strong uptrend and break new high price and sustaining at current range. Continue to monitor during correction to make entry.
