


BullBearMkt
PremiumA pullback on GBPCHF is the perfect entry to drive the pair up
EURUSD pair is likely gathering momentum to begin a short-term rally on H4. With the daily close on Friday, I expect the pair to retest the swing low created on Friday (which may possibly drag to 1.10600 zone due to later news today). Ultimately, the pair is likely to reverse, break the trendline to commence uptrend towards 1.18000 zone and possibly 1.12400. PLAN...
The precious metal still have momentum to push it's price higher above 1600. I expect gold to re-test recently created swing high at 1453 and if proven strong enough, price will be driven up above 1600. A price above 1600 will expose the metal to the next resistance at about 1800 and subsequently 1900. PLAN YOUR TRADES AND TRADE YOUR PLANS...
With AUDUSD breaking the H4 trendline possibly making ready for a temporary rally. A price drop to 0.67260 zone is what is left for the rally to begin... PLAN YOUR TRADES AND TRADE YOUR PLANS
Gold Rally to 1500... Gold briefly touches the swing high created in February this year before the little pullback. A break above 1346 is imminent and this indicates more swing highs will be violated. A break above 1360 resistance will finally expose gold to the resistance at 1525 as shown in this chart. After the initial break of 1360, gold will attempt to...
Trading week ended in undecided whether the bears should continue dragging the currency pair down or bulls should start taking the pair upward. Next week will be an interesting runs for AUDCAD. A risk/reward of 1:3 could be in play. However, in other to achieve this, resistance at 0.90295 and 0.91000 needs to be violated by the bulls to push the pair to profit...
Brent oil is expected to make a pullback on H4 timeframe before making another uptrend to a 60.00 zone or to 65 level if this week crude oil inventory is well below the forecast .
With the intra-day rally for EURUSD, the pair could possibly make more uptrend to 1.13459.
With the intra-day rally for EURUSD, the pair could possibly make more uptrend to 1.13459.
In this critical bearish period on the NSE market, one of the stocks that is still "not following the general downtrend" is FCMB in the banking sector. For the past couple of weeks, 1.55 level have been rejecting any attempt for price to move the stock price below this level. Will this level continue to keep the bears at bay or will it be violated? A buy entry...
As an update to my last post on ETI, during this past trading week, ETI price attempted to pass through its all time low, however this was rejected with the week ended in indecision candlestick. The question is: will ETI rally in the coming weeks or what we have is a pause before bears continue the downtrend? Risk: Major trend is downtrend and also the index is...
With the Bears pushing down EURNZD down for couple of weeks, the Bulls are now ready to pullback the pairs...
EURAUD is likely to see upward runs on another re-test of the recent low IF price is rejected at these "buys" levels as shown on the chart.
With my Bull-Bear strategy, I will fancy a drop of NZDUSD pair to 0.66532 or below (as shown in the highlighted zone on the chart) to complete the bull's move.
Contrary to opinions of many, GBPUSD is gathering momentum to begin its upward movement even at the face of UK conservative party electing new leader and BREXIT imbroglio.
AUDCAD weekly strength favours the pair to reverse.
With the close of AUDCHF last week, it is evident that AUD is ready to decline. The opening price of the pair this week is important to take this short trade. If price gap-up, it is necessary to wait for weakening of the price before open a short trade on this pair; otherwise, this week open price will be good to short... Profit taken and stop loss are as shown on...
With strength analysis, EURNZD may likely be ready to re-test the Swing high at 1.69791 or above