BitCOin (BTC/USD) H4 Update * Bearish SwingThe pairs seem to be topping out at the moment. I am not going to pay 2.8k for this crap.
It should be on way to 25,55 and 2,380.
Standing with BEAR for now.
Trade Safe,
s0nic
Singapore
EUR/CAD Daily Update (28 July 17) *Swing Up PossibleThis pair is basing on 1.45 as nice support region. If the region is to retest again. It will be very supportive and hard to break.
It can go to 1.48 regions. For now, if you are bear, pls be careful.
They are in line with all other xxx/cad pairs, who are trying to make a swing back.
Trade Safe,
s0nic
GBP/NZD DAily Update (27 July 2017) * Ready to Swing BackI am building a very possible case of it being swing up.
I am seeing 1.7880 is easily possible.
The risk is just all right to enter the position.
Let me how is turn out.
S0nic
BitCoin BTC/USD Daily Update (27 July 2017) * Bear are winningWe are still under Bear momentum.
Going short is the better choice.
I will stand with BEAR side as long as the price is below 2620 region.
It is possible to retest 2240.
Trade Safe,
s0nic
Ethereum ETH/USD (May Swing Down Abit)Mind you. Overall we are still in the UP trend.
It is just that 240 level, seem to be a hard resistant to break.
It may swing back down to 190 first to gain some bullish momentum.
In long term. I am bullish ,, Please kepp in mind. Watch out FED on Thursday.
Trade Safe,
s0nic
GBP/JPY Daily Update (24 July 17) *Going LowerIt is sitting a nice support for now.
It may swing back to 146 level but the stage is set go lower.
Sooner or later, we shall see 142.30 level again.
Trade Safe,
s0nic
AUD/JPY Daily Update (27 July 2017) * Swinging DownAUD weakness against JPY can be seen all over. (We have nice BEARish candle on the weekly
It is likely that this pair is due for a decent retracement.
I am expecting 86.80 level will be a proper target.
I am with SHORT for now.
Trade Safe,
S0nic
EUR/GBP Daily Update (24 July 2017) *Can Inch up moreIt may have lil more room to go up till, it hit serious resistant level of 0.905 regions.
Please do not SHORT big time yet, as there may be some last swing up.
I will stand with BULL first, till signs of more bearishness are showing up.
Careful First.
Trade Safe,
s0nic
EUR/USD Daily Update (24 July 12017) *Watch FED
I am Bullish. We are in a strong bullish candle.
It shall go higher as the momentum overflow.
DO watch out that the low is getting low. So, please go on the long side with care.
For any pull back, it shall go fast and furious to 1.14 regions.
We have FED in next week and how the candle ends for the week will be very important.
Trade Safe,
S0nic
Ethereum (ETH/USD) Daily Update (23 July 2017) * Strong Bull Very Strong Bullish Structure Formed.
DO not short!
Stand with Bull as long as the price is above 180 regions.
Trade Safe,
s0nic
GBP/USD Weekly Update (23 July 2017) * Can Fall further lil more
I am Slight Bearish. We are a decent bearish candle on weekly at the lower end starts to rebound. I am seeing 1.2920 region will be nice support. To continue bearish, that level needs to break strongly down to be a valid bear.
For any swing back, 1.303x will be resistant.
We have FED in next week and how the candle ends for the week will be very important.
Trade Safe,
s0nic
XAU/USD Weekly Update (23 July 2017) * Bull but watch 1260 zone.I am Slightly Bullish. We had another great run up. Now it is near congestion zone of 1256-1260, upside movement may be somewhat limited.
That is the reason why I am cautious, yet it is still good to be on the side of long.
Moreover, we have FED rate decision in the middle of the week. This pair is going to impact a lot.
Trade Safe,
s0nic
USD/CAD Weekly Update (21 July 2017) * Bear still hold powerDid you follow our USD/CAD bearishness view of last week?
It is still holding true. Now bearishness is somewhat slow down but they are still in control.
We shall not look for aggressive Long at this moment, but it is getting near to ultimate support level of 1.25 region.
Trade Safe,
s0nic
M1 SGX (19 July 2017) *Bears are in ControlAfter month of hiving, this counter has shown its real intention.
"The Emperor has no cloth"..
1.80 should be easily on sight once, the support 1.95 region is cleared.
I am standing with BEAR now. Just do not be over bearish. It need to break 1.95 first, which is very likely.
Trade Safe.
s0nic
AUD/JPY Daily Update (18 July 17) *Careful at 89.6 As the price action suggests, there is no way you should be a BEAR just yet.
I just want to warn you that 89.6 to 90.2x region is the place where BEAR may attack.
Just keep that in mind. We shall know the JPY's true intention by this Thursday.
Trade Safe,
S0nic
P.S. Please follow, like, give comment to my analysis.
DAX German Index (18 July 17) *Bears are winningI can't help but see the bearish potential of the index.
It may be a sell down but it is possible a deep pull back, or sort at least.
We can use 12,400 as resistant while 11,700 as resistant as good support(aka take profit) level.
I am standing with BEAR for now.
Trade Safe,
S0nic
P.S. Please follow, like, give comment to my analysis.
EUR/GBP Daily Update (17 July) *Bear Bear BabyThe Sell down is set to continue as the mid or long term.
It can come swing back to 0.88 or 0.885x even , but even swing up is the sell opportunity to me.
It shall go to 0.865x easily in near term.
I am standing on BEAR.
Trade Safe,
s0nic
EUR/JPY Daily Update (17 July 2017) *Time to return to MeanI have to say that EJ move up on the recent week has been rather fast and furious.
Market doesn't stay too much away from equilibrium for a long time. That means I am seeing possible pull back on the pair.
Furthermore, we have EUR and JPy high impact news this week. So, this pair is going to be super active.
I am standing with BEAR.
Trade Safe,
s0nic
EUR/USD Daily Update (17 July 2017) *Ready for a bangWe are seeing an obvious congestion in EU right now. It is early to call for bearishness as there no Price action to support the claim, but it is very likely.
We have Euro rate decision on this Thursday and I reckon, that the market is front running for that.
This pair will be super active this week.
Trade Safe,
s0nic
USD/CAD Daily Update (16 July 2017) *Bearishness to overflow
I am Very Bearish for this week. We had another ultra-heavy candle in the weekly.
The momentum is too strong.
Please do not long yet.
The bearishness shall spill over until in 1.26 region at least.
We need at least strong bullish candle to start with, to consider long.
Trade Safe,
s0nic
XAU/USD Daily Update (16 July 2017) *More upside for nowI am Slightly Bullish. We had a nice reversal week and it ends with bullish candle. It is likely to drift higher for a time being until USD rate on week 30. The level such as 1243 will be next resistant for a time being.
From Fundamental wise, we have no big polarized views yet. Please be aware that, USD rate info on week 30.
Trade Safe,
s0nic
Dow Jones Index Weekly (15 July 2017) * Bullish but be alertWe had a nice knee jerk action on the counter with strong break out in past 3 trading days a expected.
This bullish momentum shall continue for sometime. So I am not standing with BEAR Side at all yet.
The old thing to take note is that, the recent runup is not accompanied by thick volume. It can mean that the movement may not strong enough to hold it long.
So, Bulls, please do not complacent too.
Trade Safe,
s0nic
P.S. Please follow, like, give comment to my analysis.
