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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 XAUUSD see 1400? Someone asked me?Someone asked me whether XAUUSD will return to $1400 and you know what? My answer is always "I don't know" because here in NinjaSingapore, we only forecast based on the price action of the underlying and we don't predict where it's going as we are not the one controlling the market. Indeed, from the recent price action, XAUUSD has been in a strong upward bias from 1237 since 12 Dec 2017 and is currently trading around 1330 at the time of writing this report. Investors like you may be wondering this pair's movement in the following week. From a technical outlook, we do note that XAUUSD has a strong resistance at 1357 which was the high on 8 Sep 2017. If this resistance level is taken out, then we could potentially see XAUUSD test 1390 as our first level target, followed by potentially 1430 as our second target. On the other hand, XAUUSD may be going back to test 1300-1310 potentially as a healthy retracement as this has been the strong support XAUUSD found since the beginning of 2018. We will monitor the movement of XAUUSD and provide you with our regular update until we see XAUUSD hit one of our forecasted targets. Good trading NinjaSingapore 19 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.
FX:XAUUSD
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
HSI is crashing, isn't it? How much more can it drop?Here is our forecasting report for HangSeng Index (HSI) 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:HSI
by NinjaSingapore
Dow Jones dropped More Than 600 Points in Two Days. What's Next?Here is our forecasting report in the video format on Dow Jones Industrial Average on 31 Jan 2018. Please enjoy. Good trading NinjaSingapore 31 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.
DJ:DJI
by NinjaSingapore
Is this the end of XRPUSD? Well, let's seeHere is our forecasting report in video format on XRPUSD. 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.
BITFINEX:XRPUSD
by NinjaSingapore
Does XAGUSD move in tandem with XAUUSD? May be or maybe not?XAGUSD is another interesting chart we are interested in reviewing this week. The question is whether XAGUSD moves in tandem with XAUUSG. It's worth noting that sometimes they are and sometimes they are not. Here's why. From a technical outlook, XAGUSD is facing a very strong resistance at 17.35 - 17.70 area where XAGUSD found its swing highs on 16 Oct 2017 and 17 November 2017 previously. Therefore, we are watching the chart very closely to see if the price will break above this resistance level or it will turn into a triple top formation. In the case of a potential triple top formation, we forecast that XAG USD will potentially test these support areas - 16.30- 16.70. If these levels do not provide the necessary support, XAGUSD may potentially go back to test the recent swing low at 15.60 on 12 December 2017. We will monitor this instrument closely and will provide you with regular updates. Good trading NinjaSingapore 19 January 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.
FX:XAGUSD
by NinjaSingapore
CADJPY is coming down very fiercely. But what's next move?Here is our forecasting video on the possible support and resistance levels of CADJPY on 30 Jan 2018. Good trading NinjaSingapore 30 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 BTCUSD (BitCoin) go all the way to $3,500? Here is our forecasting report on BTCUSD (BitCoins) for 2 February 2018. Based on our forecasting techniques, it would appear that USD3,500 is possible for Bitcoin. Will it happen? Let's monitor this very closely. 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.
BITSTAMP:BTCUSD
by NinjaSingapore
6
What's the next move on German DAX?Here is our forecasting report in video format on German DAX for 2 Feb 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.
TVC:DEU40
by NinjaSingapore
When will USDCAD's downtrend be over? Maybe soon ....USDCAD has benefited from the weakness in USD and since 19 December 2017, it has been in a downtrend starting from the high of 1.2920 and in 5 weeks, this pair has moved approximately 600 pips. Investors like you may be wondering this pair's movement in the following week. From a technical outlook, you would agree that it has a downward bias. Having said that, we are interested in looking at when this downward bias will come to a pause. Based on our forecast, if the bearish momentum continues, we could potentially see this pair reach the first support level of 1.2250, and if this level cannot provide the necessary support, we are also watching 1.2160 as the second support level, followed by 1.2060 which the third support level. If this pair reacts at 1.2250 and starts to rebound, then we could potentially see this pair to test 1.2420-60 area as our first level of resistance, and if this pair takes out this first resistance level, we will also be watching the second resistance level at 1.2520. We will monitor the price movement of this pair and provide the necessary update accordingly. 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
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
Will GBPUSD test 1.4800? Let's take a look GBPUSD has not been above 1.40 since the announcement of Brexit in June 2016. However, we note that finally this pair has come back to this level and in fact, it has made the high of 1.4344 on 25 Jan 2018 before retracing to 1.4162 on 26 Jan 2018. Investors like you may be wondering this pair's movement in the following week and we have this question: will GBPUSD test 1.4800? Let's see. From a technical outlook, this pair has been going up since the recent low of 1.33 on 15 December 2017. Therefore, it has a near-term upward directional bias. Based on our forecast, if the bullish momentum continues, we could potentially see this pair test 1.4460 which is our first resistance level and if this level cannot act as the resistance, then we could potentially see GBPUSD test 1.4800 as our second resistance level. 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. We will monitor the price movement of this pair and provide the necessary update accordingly. 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
EURUSD traded above 1.2300 today. Will it continue to go up?EURSUD has traded above 1.2300 on 17 Jan 2018 and at the time of writing this forecasting report, EURUSD is trading at 1.2240 level. Investors like you may be wondering this pair's movement in the following week. From a technical outlook, this pair had been in an uptrend since the swing low on 12 December 2017 at 1.1718. Based on our forecast, if the bullish momentum continues, we could potentially see this pair to test 1.2380 as our first target and if this level is taken out, we could also potentially see this pair to test 1.2500 to 1.2530 level. 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 1.2120 - 1.2160. We will watch this pair very closely and see what the price pattern tells us the next move of EURUSD. Good trading NinjaSingapore 17 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
TECENT made an all-time high today. What's next? Tecent (700) is a major component stock in Hang Seng Index (HSI). The index made another new high today and it's interesting to note that Tecent has equally made an all-time high today at $449 since its low at $365.20 on 6 December 2017. Investors like you may be wondering how high potentially this stock can go. From a technical outlook, this stock has an upward bias. Based on our forecast, if the bullish momentum continues, we could potentially see this stock testing $460 as its first target. If the stock continues its bullish move, then we could potentially see the next target be $520. It may sound crazy honestly but this is purely based on our forecasting methodology. So we are happy to prepare a forecasting report on this stock and we will monitor its move closely. Good trading NinjaSingapore 17 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.
HKEX:700
by NinjaSingapore
BTCUSD made a 2018 new low today. Sell or buy more?BitCoins (BTCUSD) is experiencing a new low in 2018 currently at the time when this forecasting report is being written. In fact, since 17 November 2017 when BTCUSD made an all-time high of 19666, we did not see another higher high. In fact, on 6 Jan 2018, BTCUSD made a lower high of 12735 and the question is whether there will be a new lower low to be formed. Investors like you may be wondering this is the time to sell everything you have on BTCUSD or buy some more BTCUSD. From a technical outlook, the last low of 11160 on 22 December 2017 is critical and we will be watching this level very closely to see whether a potential double bottom is to be formed. Based on our forecast, if this level (11160) could not provide any necessary support, we will be watching the next two levels - the first one being 8730 and the next level of support would be 6420. We will provide an update on BTCUSD regularly. Good trading NinjaSingapore 16 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.
BITSTAMP:BTCUSD
by NinjaSingapore
Reversal of AUDJPY noted AUDJPY has caught our attention of a potential reversal pattern after reaching 89.08 on 6 Jan 2018. This pair has been on a strong uptrend in the near-term from the last low at 84.35 on 27 November 2017. Investors like you may be wondering this pair's movement in the following week. From a technical outlook, the last two candles of this pair are bearish. It seems to suggest that there is a potential retracement to the downside. Based on our forecast, if the pair continues to retrace, we are watching several levels. The first level will be 88.00 which is an important key psychological level. However, if this level does not provide any support, the pair could potentially 87.30 as the next level of support, followed by 86.70 as the third level of support. We will be watching these levels to determine if the uptrend since 27 November 2017 will resume. Good trading NinjaSingapore 9 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
2
Will DJI make another all-time high after Christmas?Dow Jones Industrial Average has been progressing to an unknown territory for the last few months. The index made an all-time high at 24876.07 on 18 December 2017 and due to the holiday season, the index did not move much this week. Investors like you may be wondering this pair's movement in the following week. From a technical outlook, the index is still in an uptrend. Based on our forecast, if the bullish momentum continues, we could potentially see the index testing 25000 and if this level were to be taken out, the next level would likely be 25400. On the other hand, if the bullish momentum is to pause for a while to enable traders to take profits, we could potentially see the index retrace to 24580 as our first target level, and if this level cannot provide the necessary support, the index could potentially be retraced to 24480. Good trading NinjaSingapore 23 December 2017 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.
DJ:DJI
by NinjaSingapore
FTSE cleared the recent high of 7582. What's next?FTSE 100 had a solid green candle on 27 December 2017 when the market re-opened and it closed at 7620.70 which was above the previous high of 7582.90 on 7 November 2017. Investors like you may be wondering this index in the near term. From a technical outlook, it would appear that the index has a near-term bullish bias since it made the low of 7288.70 on 1 December 2017. Based on our forecast, if the bullish momentum continues, we could potentially see the index text 7660-7675 range and if the price surpasses this range, the index could potentially be testing the next level of resistance at 7790. On the other hand, should there be any retracement of the index, we will revisit the chart and provide our updated forecast to the downside targets when the index closes below 7582.90 which was the high on 7 November 2017. We have set an alert on 7582.90 and watch this index very closely. Good trading NinjaSingapore 28 December 2017 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:UKX
by NinjaSingapore
EURUSD is testing the one-month high of 1.1961. What's next?We have not looked at EURUSD for a while but it is time to take a look at the chart as it is on the verge of testing the high of 1.1961 on 27 November 2017. Investors like you may be wondering this pair's movement in the following week. From a technical outlook, this pair had been retraced from the high of 1.1961 on 27 November 2017 to the recent low of 1.1717 on 12 December 2017. Since then, it has made a U-turn to the upside. It would appear that there is a near-term upward bias on EURUSD. Based on our forecast, if the bullish momentum continues, we could potentially see this pair reach the recent high of 1.1961 and thereafter, it will face a strong resistance of 1.2030. On the other hand, if EURUSD could not take out the high of 1.1961, we could potentially see this pair retrace to 1.1870 as our first target level, and if this level cannot provide the necessary support, EUR/USD could potentially be retraced to 1.1840. We will monitor this pair closely and provide a further update on this pair when appropriate. Good trading NinjaSingapore 28 December 2017 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
Our Forecast of the next move of Ehereum - ETHUSDThe price of Ethereum 5.55% was subject to huge volatile move on 22 December 2017 when the price hit $460 being the low of the day. Investors like you may be wondering what the next move of ETHUSD 5.55% is. ETHUSD 5.55% opened at $680 on 23 December 2017, which is slightly above 50% of the price range of 22 December 2017. From a technical outlook, we are watching for the price action at $720 and see if the selling pressure continues. If the price of ETHUSD 5.55% surpasses $720, we will be watching the $780 level closely for the same reason based on our forecast. We will provide a further update on this instrument in our next forecasting report. Good trading NinjaTrader Singapore 23 December 2017 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 0.82% on the information in our research materials.
COINBASE:ETHUSD
by NinjaSingapore
7
BTCUSD hit our Target of 16400. What's Next?In our last week's forecasting report on BitCoins, we forecast BTCUSD would potentially hit the target of 16,400 which it did today. We thus initiate a new forecasting reporting on BitCoins and see how the price of BTCUSD would potentially react next. From a technical outlook, the close of 26 December 2017 could not take out the high of the candle on 22 December 2017. This is important to note and hence, we are unable to issue an upward bias of BTCUSD confidently at this point. Investors like you may be wondering what BTCUSD's movement will be in the next few trading days. Based on our forecast, if the bullish momentum continues, we could potentially see BTCUSD reach the next resistance at 17780, and it were to be taken out, BTCUSD may potentially challenge the all-time high of 19666 occurred on 17 December 2017. On the other hand, if this bullish move is not sustainable and BTCUSD were to reverse its direction to the downside, we could potentially see it retrace to 14440 as our first target level, and if this level cannot provide the necessary support, BTCUSD could potentially be retraced to 13800. Good trading NinjaSingapore 27 December 2017 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.
BITSTAMP:BTCUSD
by NinjaSingapore
4