Approaching key flip zone area. If it breaks through this 1.08 zone, expect more bull to rush in. However, if a rejection candle shows up.. It would provide a good LRE for a short position. Wait and see.. Key Resistance - 1.08 Key Support - 1.06635 - 1.06 - 1.05
Very Bullish On the wider picture and structure, price is in a strong uptrend and make a higher high. 0.93 zone is the area that holds the price, so as long as that zone holds, I am pretty bullish on that pair. Key Resistance - 0.965 Key Support - 0.95 - 0.935
Bearish I am up about 50 pips from this trade. Expecting it to go lower to the 0.745 trench,, that will be my area of interest to close or to stack on more trades. Key Resistance - 0.76 Key Support - 0.745
The market is a minor downtrend.. (see RED Channel) for now. So BULL pls patience.. It can go as long as 10590 if 10650 get broken, and this is where Bull will claw back and attack.. Trade Safe s0nic
EU is punching thru the 1.095x level and it will surely act as support level. I am on the SLIGHT BULLISH side, We will be having very busy week ahead. Trade with Care. s0nic
Nice Swing back we had on USD/CHF and now it is sitting pretty at lat month's high area of 0.986. I am standing with SLIGHT BULL as long as 0.986 is holding.. Another place of BULL await is 0.98 area.. Trade Safe s0nic
DJ Index and FTSE Index: Slight Bearish XXX/JPY Pairs: Bullish (Most JPY pairs on th rise) XXX/USD Pairs: Slightly Bearish USD/XXX Pairs: Mixed (U/CHF and U/CAD are not in sync)
PA is not on the BULL side for now. I am NOT going stand with BULL.. BULL only have 22888, this regions will act as BIG support. Trade Safe, s0nic
Still Holding my Bullish Bias on this index... It still have serious overhead to break up. Trade Safe, s0nic
I have close my short from UK index for a profit.. I am seeing 692x level will be a nice support from going down further, Untill then, I am adopting wait and see approach. Trade Safe, s0nic
Market get slow as it starts to reach resistant levels of 1.076x. 1.076x is prvon to be very HARD resistance. It may pull back 1.06 level but IMO Bull are still intact.. Market is about to alot higher sooner or later. Trade Safe s0nic
Nice run up we had, since I last posted. Overall it is still BULLISH, I am still with BULL , but it may retrace back up to 1.385x .. So do not be surprise.. Trade Safe s0nic
UJ has a nice resistance to break up 104.6x first. I am with BULL on JPY pairs in general.. DO NOT open short unless there are BEAR momentum showing up. Trade Safe, s0nic
I am on BULL on this pairs.. I see 23 Oct move down was a duh, to trap Short beak out trader. target to 115 will be nice. Trade Safe s0nic
I am standing with BULL camp for now. and that will be nice if 1300 is revisit again. Now it need to break out 1275 strongly.. Trade Safe s0nic
Still in on side of BULL on this one.. It has been in big range since mid September and the whole market is taking a queue from US election, week 44 (next week) will start move more.. Be patient.. Trade Safe, s0nic
I am still sticking to my Bearish Bias for now... (I am watching other indexes as well, and US index is getting bullish, so i am watching closely) 7050 seem to be a nice resistant level for any bounce.. Trade Safe s0nic
Mkt is making a nice Bull Flag. Using 23200 and 23000 as base, it have potential of going up to 24000 and further 24500. I will update if there is any more development on this set up. Trade Safe s0nic