Midaz_Investments

Midaz_Investments

OANDA:USDJPY Overall we see the pair rangebound last week , both pairs has safe haven't status . Japan is in recessionary phase . Next week Japan overall economic data suggest negative. Last week Japan's GDP yoy suggest contraction . On the trade side, recovery seem slow. Negative rates are did not gave much boost to the economy, in long run we will see more...

Midaz_Investments

OANDA:AUDUSD Last week AUD weaken against the dollar due to its pro china play. Our call on playing the pair at top BB range has lasted for 2 weeks now. We see it will continue that way for next week. Any breakout of more than 45pips will mean pullbacks has turn to reversal. Wait for price to come fall below BB mid band on daily view before entering.

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OANDA:EURGBP Next week data suggest no impact to EUR strength , EUR has weaken against Buck last week. Technical reading show us short term buying opportunity for EURGBP, prices close at the higher tier of BB. Stochastic cross, reversal candle spotted . We see the uptrend is still intact. Strong resistance at 0.90482.

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FX:GBPUSD Last week we see inflation data and PMI a its worst, With trade talks with EU getting nastier, Easing of lockdown guideline was vague. Death rate from covid19 is still at the high level. 4H bearish Gravestone Doji spotted hours before closing. Pairs tried hard to surpass the 50SMA resistance but did not succeed. Momentum have turn bearish. 1.2175...

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TVC:DXY Last week dollar seem to regain back its safe haven't status, we can see oil / stock market losing traction. Gold price found back its demand. Speculation of covid19 vaccine could take some time to develop. Next week we see US economic data heavy, Data is suggesting a weaker economy Our view that the dollar will continue its rangebound with small...

Midaz_Investments

OANDA:EURCAD Bearish engulfed candle spotted, reversal momentum. Stochastic bearish crossover, RSI bearish direction, ATR bearish signal. Economic data on Tuesday consensus negative for the Euro.

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OANDA:XAUUSD The market pushed above the year-to-date high . The recent run of weak data is not surprising, but when the official numbers are released the low or negative data provides a stark reminder of how bad things are and punches golds higher. The negative data highlights a contracting global economy, a contracting economy kills investment opportunities,...

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CURRENCYCOM:US500 US Stock ended the week lower on the worries of a second wave of virus and escalating US-China tensions. Trump threatened to cut off the whole relationship with china and banned the semiconductor products sales. S&P500 Futures rose this morning as Powell ruled out the risk of a second great depression, amid speculation that Japan will allow...

Midaz_Investments

FX:GBPUSD Let see as probability of No deal trade talks get higher. With conflicting bad US economic data.

Midaz_Investments

OANDA:GBPUSD Sentiments make play zone, Last month we remember that this zone bulls start pushing the pound hundreds of pips up. This sentiment zone will do the same again , but this time round would not rally that much as fundamentally GBP is weak. FEDS powell has dismissed negative rate, which stabilized the dollar from free falling further. Get in there and...

Midaz_Investments Updated 

OANDA:GBPUSD Last week our call on short for this pair are correct, The pair went to low of 1.227, Near the demand zone were bulls help stabilize the pair. On Technical Analysis: -Momentum (Bearish) -Volumes last week was in mini wave below average -CCI ( bearish) -50 SMA ( Bearish) Trend Analysis: Weekly Chart, Support level at 1.216 (strong) Strong...

Midaz_Investments

OANDA:AUDUSD The pair suffered huge fall due to dollar safe haven strength , and has made a 'V' shape recovery. Buy/sell opportunities lies on upper tier of Bollinger band (Daily) . We see gradual uptrend momentum on this pair. When pair reaches near Double resistance zone, it is worth shorting it , any breakout that took Stop loss, we can go Long on the Pair.

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OANDA:CHFJPY Wait for prices to reach upper line of 4H trend to short the pair, If prices break high of substantial pip size = buy to daily resistance zone. If price fall below 4H downtrend line, wait to buy near weekly support zone. We foresee the pair to maintain within weekly rangebound for this entire month.

Midaz_Investments

OANDA:AUDJPY Last week call for shorting the pair was correct, though 2 days before market close the pair rally back to original point. The rally was due to Positive trade balance in AUS. This week employment data in AU are predicted to be better than consensus. With SAR showing nice upside angles, we see high probability of reaching higher recent highs...

Midaz_Investments

OANDA:EURNZD Last week our call on short for this pair was right. NZ data release last week was positive, with ECB QE , lead to the fall on the pair. Next week 13may , NZ interest rate decision we would most likely be stagnant at 0.25%. As Employment in NZ has stabilized. On the technical : 4H indicators shows oversold region, which holds the pair from...

Midaz_Investments

OANDA:USDCAD Last week Short call on this pair was right. CAD data release last week was good, due to oil price recovery. Recent weakening on the dollar pushes the pair lower, which we deem as temporary. On the weekly chart , we spotted a Bearish triangle formed. On the 4hr chart, Stochastic did played out well, but we see lower highs when pair did a...

Midaz_Investments

TVC:USOIL Last week oil continues it rally higher due to optimism of re-opening of economy. We do not view that re-opening will boost the price of oil that quickly. it will be a slow process. Oil has start the consolidating phase , price should range between the 'Blue' channel. The red line is where we believe oil should be priced at this moment. Last week...

Midaz_Investments

OANDA:EURGBP Last week our call for shorting this pairs was correct, after which we posted a buy call once the pair was nearing the major support zone, which was right again. We would this is a more symmetric triangle formed, look for short term opportunities if it breaks out. ( Use stochastic ) Major support zone at 08688 range is strong. Downtrend...