hsquared

hsquared Updated  Feb 27, 2019

Food for thought.

hsquared Updated  Feb 25, 2019

Onwards to 2800. Note that 1st March is approaching soon. Expect volatility to rise as investors become sensitive to every little news about trade war. Markets should be leaning towards that a deal would be made, but uncertain if it would be arrived at so soon, so an extension to trade negotiation deadline might prove to be a sell on news if no real substance is...

hsquared Updated  Feb 22, 2019

USDJPY seems to be in a wedge on the D1 and W1 timeframe. Have been looking for an opportunity to go long in the pair but the previous consolidation surge up too quickly. The latest retracement has brought price down to a suitable entry price and we are looking to long the pair to the top of the wedge.

hsquared Updated  Feb 21, 2019

The USDSGD has broken out of the possibility of a wedge formation. Sellers to the bottom of the wedge who had held on to their shorts should look to taking profit, and beware of the potential of an ABCD pattern. Interested buyers can look for a long if the price bounces at the D portion of the pattern. But wait for confirmation, for the pattern could be...

hsquared Updated  Feb 20, 2019

A possible outcome for USDSGD in the days to come is for the pair to fall toward the bottom of wedge, completing the pattern to proceed with an impulse higher.