USDJPY Bear Accumulation above key SRAfter yesterday's reversal bull run, it hit the strong resistance level (Fibo and whole number) of above 108.00 with serious volume at the top in the M15 Chart this morning. Strong signs of bear accumulation at the top. Nice PA wave exited dragon on 3rd leg for a possible entry point. Since trend is still below the dragon, this entry may be considered a scout. Next reversal would be back down to 106.745. Let's wait for London Stock open for further PA confirmation.
Sonicrmastery
EURJPY (Bulls,, Be Patient)View On EUR/JPY (26 MAR 2019)
After hitting some strong resistance, it has hit an obvious resistant region of 121.
Due to the strong PA, it may drift lower first. So, if you want to go long, it is better to wait it out first.
119.5 region shall act as good support and this is where a buying opportunity shall appear
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Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
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The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
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Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Silver XAG/USD ($14.4 is a strong resistant for now)View On Silver XAG/USD (25 June 2019)
Silver is meeting strong resistance in the early week and currently, $14 & $14.4 region is acting a strong resistance.
If you have long positions, do not add positions at the moment.
Let's the bear momentum flush to get over with. I expect a $13.0 - $13.2 region will be a support zone.
DYODD, all the best and read the disclaimer too.
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Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
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Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Crude Oil (Bottom? May be but we need more evidents)Updated View On WTI Oil (1 APRIL 2020)
The volatility of Oil has gonna down recently and it is priming for the next move.
It is not "exactly" in the bull phase just yet.
So, if you want to go long, you should've waited for more bullish signs first.
DYODD, all the best and read the disclaimer too.
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Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
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Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
USD/CHF (Sellers, Wait it out!)View On USD/CHF (30 MAR 2020)
0.95 is a decent support area for now and it is making some bounce. I expect it can swing to 0.96 or even higher first.
So, if you are thinking of Shorting this pairs, it is better to wait it out first.
No hurry to sell.
DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
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The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Weekly Momentum On Major Pairs (Week 14/2020)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Very Bullish (What a reversal!)
Gold & Silver: Bullish
XXX/JPY: Bullish
Stock Indexes: Bullish
BitCoin: Slight Bullish
Week 14 (28 March 2020)
S&P500 (Meeting some resistant near 2,600 region)Updated View On S&P; 500 (27 MARCH 2020)
After some explosive move, SP500 seems to have met with some strong resistant near 2,600 regions.
It shall drift lower first till it meets strong support again. So, do not hurry to get into long yet.
Your chance of potential long shall appear 2,400 - 2,430 region. So, be patient if you want to get into long.
DYODD, all the best and read the disclaimer too.
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Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
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Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
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Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
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German Stock Index DAX (The DEAD CAT is here)View On German Stock Index (26 MAR 2020)
A nice bounce is underway and we seeing this a brilliant short-covering mood.
The virus issue is far from over. So, the market still can face further downside risk in the near future.
For the time being, it can go to 10,500 and 11,000 regions as a typical retest first.
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Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
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The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
FACEBOOK (Things are getting pricey)View On China Stock Index (31 JAN 2020)
Facebook was in the "too fast and too furious" movement in the last months and it may not be sustainable.
It can be due to a decent pullback in the near term. So, I will refrain from buying in at this moment.
I am expecting, it can go to $190 region soon. Let's find out!
DYODD, all the best and read the disclaimer too.
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Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
USD/CHF (Return of the Jedi is Here)View On USD/CHF (10 FEB 2020)
Apparently, the rise of USD is here to stay.
There can be some pullback along the way but it shall go 0.982x region sooner or later.
DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
Feel Free to "Follow", press "LIKE" "Comment".
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
GBP/JPY (The Bulls are fighting hard)View On GBP/JPY (16 FEB 2019)
We are seeing the potential rise on this pair.
It shall easily go to 144.2 soon and it can even go to 146 soon, as long as the price gets supported near 139.5~141 region.
DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
Feel Free to "Follow", press "LIKE" "Comment".
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
BitCoin BTC/USD (Sunshine After The Rain?)Updated View on BitCoin BTC/USD (20 MAR 2020)
BTC has some extreme move recently and it is now making a pullback.
I expect it can swing to strong resistance $7,000 as a retest and at the same time, keep in mind that BTC is overall under downtrend.
DYODD, all the best and read the disclaimer too.
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Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Weekly Momentum On Major Pairs (Week 13/2020)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Very Bearish
Gold & Silver: Bearish
XXX/JPY: Very Bearish
Stock Indexes: Very Bearish
BitCoin: Bullish
USD/JPY (USD factor may pull this pair up)Updated on View On USD/JPY (18 MAR 2020)
We have wide swings recently. The swings sent wipe both buyers and sellers out of track and it shall start to trend soon.
I am expecting the potential UP side.
Be careful and take it slow.
Let's see,
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Germany Stock Index (Wild Swings Ahead)View On German Stock Index (6 MAR 2020)
It is just like a ping-pong ball that falls to the strong floor.
Once it hits the hard floor, we can expect a strong bounce and follow by the series of small bounces.
This is exactly what is happening right now.
I do not expect another strong bearish move like what we had last 2 weeks ago.
Instead, we shall see strong swings up/down and this is where you need to be careful. Big money can be made but big money can be lost too.
Once the wild swings get frizzled out, this is where the slow trend will emerge and it will last long.
In general, as long as 12,500 level is not broken up, it can go lower in medium (3-6) months' timeframe.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Gold XAU/USD (Gold is not a Safe Heaven)Updated View On Gold XAU/USD (17 MAR 2020)
We had a strong sell down on GOLD yesterday and it was kind of overreact.
$1,450 is a swing support region and it is supported well for now.
At the same time, $1,550 will be a strong and decent resistant if there is any pull back up.
Let's see
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
USD/MMK (FDI will make MM Kyat stronger)View On USD/MMK (18 MARCH 2020)
Myanmar Kyat (MMK) is depreciation against the Greenback (USD) for years now but recently the trend started to reverse due to massive FDI (Foreign Direct Investment) fund inflow to the country.
Unfortunately, the reversing trend gets stalled as the USD climbed back due to the outbreak of COVID-19
USD/MMK can cruise toward the 1480-1500 region again before meeting strong resistance.
I am expecting Myanmar Kyat will be a lot stronger in 6 months - 1 year time. That means USD/MMK shall go lower eventually.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
Feel Free to "Follow", press "LIKE" "Comment".
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Weekly Momentum On Major Pairs (Week 12/2020)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Very Bearish
Gold & Silver: Very Bearish
XXX/JPY: Very Bearish
Stock Indexes: Very Bearish
BitCoin: Very Bearish
Spackman (The rise is nigh?)View On Spackman (30 Dec 2019)
We are dead wrong on this counter and finally will there be a light at the end of the tunnel?
It apparently so!
The following is our analysis on 14 Jan 2019.
I will not be typing too many words but please take a look at this counter.
It is trying to break out up after a prolonged slide.
-------------
Our Analysis
-------------
LONG (entry is valid as long as the price is above 0.02)
TP1 0.038 (Already Hit, Take TP and wait again)
TP2 0.049
TP3 0.063
TP4 0.075
DYODD, all the best and read the disclaimer too.
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Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
S&P 500 (2 years of gain get wiped out.Go learn Risk Management)Updated View On S&P; 500 (13 MAR 2020)
We are in the STRONG and SHARP downtrend in recent days and there is blood in the street.
There are minor bounce forming around 2420-2445 region and if it holds we may see some short-covering rally. "If it does" it can swing to 2500-2521 region.
It is time to change from Every Bearish to BEARISH at the moment.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
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Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
SembCorp Marine SGX Stock (Can Swing to 50c-70c Region) View On SembCorp Marine (12 MAR 2020)
This company share price is in the free fall recently and it may continue to drop further as we do not see any bullish momentum/candle at the moment.
It can swing to 50c to 70c region soon since that region is considered as a strong support.
Let's see
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
USDJPY (It is getting too HOT to handle)Updated on View On USD/JPY (5 MAR 2020)
We are having extreme moves in recent days.
The moves can have a detrimental impact on your account if you are not careful.
Overall, it is in the downtrend and as long as 105 is not broken up, it still can go lower toward 101.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
USD/CAD (Meeting A Strong Resistant Near 1.38)View On USD/CAD (11 MAR 2020)
We had a nice run from +600 pips from 1.32 region to 1.38.
Now it is meeting with some strong resistance near 1.38 and I am expecting a pullback to kick in first.
SO, if you planning to get in and BUY, I reckon you should wait it out first.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.