As drawn. Simple structure analysis. timeframe ~ 2 weeks
False break above 1.80, rejection below 200 ema, wait for retracement for low risk entry. Target 1.60 . Limit order : 1.69 SL: 1.729
Watch 1.42- 1.40 area to long. Until virus in both US and EU are contained, we should see this pair going higher. Singapore is a trade dependent economy.
Time will tell. EP: 15.50 SL: 16.22 TP: 10.50 Trade period ~ 3 weeks
Support: 0.85, 0.83 Resistance: 0.88, 0.90
Watch 2880 carefully. If it supports, we will see further upside. 3100 is the target.
We might see a strong pull back on USD/JPY with the strong sell-off on Friday. Watch 110.50 closely, that would be a great place to ride the upward momentum trend. Support Area: 110.5, 109.5 Resistance: 112, 112.5
This is a typical setup of pump and dump. Explanation will be provided once TP is hit.
599.27 might be a very strong resistance, watch that out. If it falls, it will go down real fast.
resistance : 18.5 target: 17
With Tuesday candle rejecting 140 and subsequent days with lacklustre buying volume, we might expect a minor retracement. If 140 gap is not covered and is continuously rejected, we might see JPM retracing back to the 130 level or even lower.
Bullish buying volume, with HHHL made. EMA 50 above 200. Target 125000. Pm me for detailed explanation.
Are we seeing a change of momentum in gold? If price fails to break above 1580, we might see gold going lower in the next few weeks. 1500 is a key support to watch out for. In the weekly analysis, we are able to spot price closing with upper shadow. However, we are still in an uptrend, counter-trend traders should be cautious with their shorts. In the broader...
Lower low made. 146 was rejected with an evening star at mid Dec. After which price fails to close above 145. And at the start of Jan, price was rejected to close above 144 with bearish engulfing. JPY is expected to appreciate with the increased war tension between Iran and US. 137 area would be a strong support to watch out for.
Baidu has bottomed out in August with the low of 95.66. Accumulation footprints can be seen for the last 4 months. Big hands are accumulating between 100 and 120. As long as 100 is not broken, we should see this stock head higher. 8 Nov gap up was tested twice successfully, this give us more hints about the bullish sentiments. If price is able to close above the...
Technical looks pretty bearish with LHLL. 6.95 was well supported with heavy volume, we might see a temporary pull back to 7.05 area. Watch that area closely. Target price 6.9. Trade war update plays a huge part on the movement of this pair, so watch closely. As long as 7.15 holds, we should see a further downside.
Will we see the sell off in US equities causing this pair to go lower? Technical wise, as long as 108 holds, we will look for a long. HHHL formation. Next resistance is at 110.6. Watch S&P500 closely. Long when there is confirmation candlestick.