ERUDITE_88

ERUDITE_88

Hey Traders, Above sharing is regarding a futures product (Crude Palm Oil) by Bursa Derivatives Malaysia. We have been testing out this product lately and found this product is respecting major trends and patterns flawlessly. So here is our plan for today. For the past weeks, the supply of CPO has shown negative data and the trend is slowing down. We have seen...

ERUDITE_88

Hello Traders, Its been a while we didn't share any trade ideas. Well post election we saw the stock market surge after Mr. Trump gain investors confidence. And that is not the case GOLD market as the demand was muted. Now lets look at our chart and see definite support broken at $2600.00. Would it rise back a little before continue its downwards or U-turn at the...

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Hello Traders, Cheers to Thursday! As of right now, the NZDUSD is still not strong compared to the dollar. Even though the candle broke the daily trendline, the market's selling momentum caused it to reverse down very fast. There is also a negative divergence in the indicator (MACD). Will the price touch $0.5900 once more as the low or will it keep moving higher?...

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Good Day Traders, Its been a while since our last post. We are viewing this Aussieloonie pair today. As a confirmation, we have looked at Daily Chart. Seems the candlestick is forming like bearish pattern (HARAMI).Anyhow we can only decide after Sydney Open tomorrow. For now our view is go short if the price breaks below $0.92000 and target a minimum Risk:reward...

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Hello Traders, We are back with our Gold Analysis on Weekly Timeframe. We found there is a nice clear pattern constitute the Elliot Wave Analysis. Following that, the market is expected to retrace in corrective moves which shall break the $2480 support level. If you go down to lower timeferame such as 8H/12H, you probably noticed a SAN ZAN (Triple Top) which...

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Hello Traders, All these while, we have never tested our analysis with elliotwave count although its very reliable. We have encounter a good structure that can be consider to be included this time. Our analysis shows the EURUSD are correcting towards 1.08000-1.07800. This could be stronger data of consumer spending in the US. We shall go long after the...

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Dear Traders, PEPPERSTONE:USDX Here is my technical analysis view for USD INDEX. The USD might rose up to 107.500 level in upcoming weeks after touching the 4th Support point in Ascending Channel. This is also was supported by SMA 200 crossing the yesterday Hammer Candlestick. If the today session successfully closed up, we can expect the dollar is in bull run.

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Dear Traders, Relative to USD Index analysis just now, We were expecting to have bearish move for Gold. Looks like we have found an indication the market might reverse. Any entry please have some based reasons. We targeting the market might pull-up and make HNS pattern before proceed to go down and head towards $2100.00 in upcoming weeks. TVC:GOLD

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Hello Traders, After successful prior analysis targeting per share unit would rises up to $200 from $180 in past weeks, here is our analysis done for this week in weekly timeframe. We saw the last week candle has closed bearish and formed a Bearish Harami (reversal). Would it retest the resistance $(196-200) and continue to climb up or drawdown to $170...

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For Forex Traders, the US30 plays a vital role in determining US Dollar health and other commodities and related pairs. Last week, we have seen some tumble towards $38,000 and amid of Middle-East Tension, the stocks might not perform well due to sentiments. This was clearly (Bearish Long Candles) seen as more traders with big volume are moving down the price. We...

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Hello Traders, Great Day! Look what we have found on the EURUSD chart. Is the Gartley Pattern gonna work like magic? Watch out for latest news. Wish can go long from $1.06000 till $1.1000 (the EURUSD favorite marque). What do you all think?

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Hello Traders, This is our view on Apple Stock. After made a bearish movement rolling from $200 to $165 for past 4months, the price has gapped up to $185% on last Friday. The price has nicely land on bearish equidistant upper channel and retesting. If all goes well, we can expect the price will fill the previous gap and rally up again towards $200 mark and making...

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Hello Traders! In our previous post, we have gone thorough the analysis of $TVC:GOLD. As expected it has reached the target of $2250 and surpassed the level now. And with Fed Reserve rate cut news is circulating in our feeds, the Gold and Silver together has seen some surges. While the market sentiment is telling us to go long now but will it touch $2350?

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Hello traders, its been a week since we posted new plan. Our USD INDEX view before upcoming NFP news. Noticed the price is trying to rest at 38.2%. Assume the NFP results strong comeback, the Greenback may travel till 105.50. This may form our favorite pattern. Let See!. Leave your comment below

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You may have seen our last update on USDJPY. An insight most traders don't know, USDJPY is negatively corelated to XAUUSD. (Since GOLD +corelated =Yen). Hence our weekly analysis of GOLD may go long until our Upside Extension level 161.8%. WHAT DO YOU THINK?

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The H4 Analysis in Ascending Parallel Channel. Should the market break below 159.50?

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The USDCHF failed to continue swing lows and formed Non-Swing Failure pattern. The price has break the SBR level CHF0.8700 and trying to retest again. If all goes well, we can look for buying opportunity at CHF0.8700 and target CHF 0.9000 Feel free to comment your opinion.

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Hello Traders, This is our view for NZDUSD this morning. The overall trend for this KIWIGREENBACK is still going down. Hence, we are only looking of for selling opportunity. The price is making retest at previous order block which hinting us. And the last candle formation is almost like a Dark Cloud Cover. Comment your thoughts on this? www.tradingview.com