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What's the next move of GBPJPY? We'll seeHere is our forecasting report in video format for GBPJPY on 2 February 2018. Enjoy. Good trading NinjaSingapore 2 Feb 2018 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
by NinjaSingapore
Will there be any short-covering on DAX? Let's seeHere is our forecasting report on German DAX in video format on 6 February 2018. Enjoy. Good trading NinjaSingapore 6 February 2018 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
TVC:DEU40
by NinjaSingapore
We made 300 pips of profits on GBPNZD ... What's next move?One thing we are proud of ourselves is that we only forecast and do not predict where the market is going. This enables us to be objective and remove the distraction and noise from gossips, Trump news and also other fundamentals. We are not saying that they don't work. Some traders and investors will find these useful and relevant. However, this is just not part of our forecasting techniques which is purely based on the open, high, low, and close of the bars. That's it. GBPNZD made a 300-point move on 24 Jan 2018 and made a recent high at 1.9462 on 25 Jan 2018. It closed at 1.9233 this week. It seems volatile and we would like to know what's it next move? From a technical outlook, this cross made a nice near-term uptrend since the recent low of 1.8614 on 12 Jan 2018 before reaching the recent high of 1.9462 on 25 Jan 2018. Over the last few days, we observed that there is a swing high. So, based on our forecast, if this bullish momentum continues despite the price movement on 26 Jan 2018, we could potentially see this cross test 1.9570 as our first level of resistance, followed by 1.9700 as our next level of resistance. On the other hand, should there be any change of the directional bias on this cross, we could potentially see it retrace to 1.9140 as our first level support, and if this level cannot provide the necessary support, this cross could potentially be retraced to 1.9040 and 1.8940 as our second and third levels of support. We will watch this cross closely and provide the necessary update as and when it is appropriate. Good trading NinjaSingapore 27 Jan 2018 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
by NinjaSingapore
Will GBPUSD test 1.4800? Let's seeGBPUSD has not been traded above 1.4000 level since the announcement of BrExit in June 2016. Due to the recent weakness in USD, we see GBPUSD come back to 1.4000 level this week and in fact, it traded as high as 1.4344 on 25 Jan 2018 before closing for the week at 1.4162. Investors like you may be wondering this pair's movement in the following week and we have this question in our mind - will GBPUSD be testing 1.4800 at all? From a technical outlook, this pair had been in an uptrend bias since the recent low of 1.3301 on 15 December 2017. In fact, this pair has already moved 800 pips in a matter of less than 6 weeks. Therefore, this pair has a near-term upward directional bias. Based on our forecast, if the bullish momentum continues, we could potentially see this pair reach our first level of resistance at 1.4460 and if this level cannot act as the resistance, then we could potentially see GBPUSD test 1.4800. On the other hand, if there is a sudden change of the directional bias on this pair, we could potentially see this pair retrace to 1.4000 as our first target level, and if this level cannot provide the necessary support, GBPUSD could potentially be retraced to 1.3900 and 1.3750 as our second and third levels of support respectively. We will monitor this pair and provide our update as and when it is necessary. Good trading NinjaSingapore 27 Jan 2018 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
by NinjaSingapore