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USD/CAD Daily Update (6/9/17) *Massive CAD weakness possibleWe will be having rate decision on CAD in few hours time. I am seeing massive Sell side of CAD is brewing. e.g. xxx/CAD shall rise further. There isn't much of Price Action to support but it can unfold to the bullish side of xxx/cad pair quickly. Trade Safe, s0nic Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because I'm not monitoring this chart all time.
Long
by SonicDeejay
3
Weekly Momentum On Major Pairs (Week 36/2017)XXX/USD: Bullish (Euro is weaker than GBP) Gold & Silver: Very Bullish XXX/JPY: Bearish USD/XXX: Very Bearish Indexes: Slightly Bearish Week 36 (4 Sept 2017) Trade Safe, s0nic Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because I'm not monitoring this chart all time.
by SonicDeejay
XAU/USD Gold (31/8/17) *Momentum weaks but Mid term BULL Currently, Gold seems to have lot of later followers and it would like to shake them out. The momentum of it seems pretty weak for now. So, I am expecting it can go lil lower first. Nonetheless, the mid term bull is still intact. I am still standing with overall bullishness as long as 1270 region holds. s0nic Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because I'm not monitoring this chart all time.
OANDA:XAUUSDLong
by SonicDeejay
EUR/USD Daily Update (25/8/17) *This is where t mkt test you. The market has a wicked way to tease the traders, to test their strength and patience. Remember, we cannot force the trade. We can merely just participate. It has been a nail biting rangy period of Euro. One of the reason, Draghi is to speak over the week, so the traders are holding back their new trades. I am seeing the possible weakness of this pairs still exist. The first support will be of 1.175 and harder one will 1.165. Let's see if the unfolds to the downside. *Since the speeches will be over weekend, Pls be aware that, there will be likly BIG gap on Monday. Let's see and trade Safe. s0nic Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because I'm not monitoring this chart all time.
Short
by SonicDeejay
1
USD/JPY daily Update (17/8/17) *Still Under BearThis pair is tryin hard to break up but it is failing obviuosly. It will have a hard time break past 111.9 level. As long as the level is not broken up, I am standing with BEAR. Trade Safe, s0nic Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.
Short
by SonicDeejay
1
USD/CHF Daily Update (14/8/17) * Bull in control Bulls are back in control after restest on the support level of 0.961 It might go back to restest resistant of 0.976 level. I am cautiously Bullish now. Trade Safe, S0nic Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.
Long
by SonicDeejay
1
USD/SGD 1H Chart: Channel UpUSD/SGD 1H Chart: Channel Up The American Dollar is trading against the Singapore Dollar in medium-term ascending channel that formed in the result of a change of trend in the end of July. At the moment, the pattern consists of multiple reaction highs and a number of uneven reaction lows. Due to fundamental events the currency rate showed to be quite indifferent towards various barriers such as moving averages. For this reason, the pair might successfully break through the 200-hour SMA near 1.3615 and the weekly PP at 1.3619 to the top. On the other hand, the fact that it failed to slide below the 1.3595 mark and to climb above 1.3612 two times allows assuming that the rate is fluctuating in a minor flag pattern. If this assumption is true, the buck should fall to the channel’s bottom trend line.
by UnknownUnicorn890690
NZD/USD Daily Update (13/8/17) *Still BearI am Very Bearish. We are in 2 weeks of bearish engulfing. The trend is obviously down. It is just that last Friday was in the bullish candle. That means we are on the sign of possible bullish reversal. I shall wait for the retracement till the signs of bearishness to show up. I am still not buying in yet and rather for the shorts. Level to watch: Support 0.724, 0.73, 0.72 Resistance level. 0.733, 0.736, 0.74 News: Monday, Tuesday, Wednesday and Thursday Trade Safe, s0nic
Short
by SonicDeejay
EUR/USD Daily Update (13/8/17) *Slightly Bearish I am Slightly Bearish. Please do not sell aggressively yet as weekly is still bullish. The only edge bear has here is the volume is getting lower as they climb. We need to time our trade well. I am expecting the price will go to 1.17 soon. One thing to watch out is we do not have much Euro news in coming week. Level to watch: Support 1.174, 1.17, 1.165, 1.15 and Resistance level 1.188, 1.1871, 1.19 News: Tuesday, Wednesday and Thursday Trade Safe, s0nic
Short
by SonicDeejay
USD/CAD Daily Update (11/8/17) (* Still Bullish)This pair has moved on the way that we expected. Nice run up we have. We are still bullish on the pair on the medium term. Currently, it is at the decent ranging zone. The pairs may retrace or is going side way, but overall it will still end up higher. Trade Safe, s0nic Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.
Long
by SonicDeejay
EUR/JPY Daily Update (8/8/17) *Still Bear I am staying bearish side on this pairs. It may not be so obvious but soon they shall be. I am seeing it is very likely to go and retest 129 or 128.50 level. Pls see the pic. Trade Safe, s0nic Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.
Short
by SonicDeejay
1
XAU/USD Gold Daily Update (8/8/17) *125x is good support.Now, 1255 is proven to be a very supportive stage. It can become a strong support. So, please be careful, if you looking for short at this stage. Inflation globally is picking up. It has a positive effect on Gold. It might bring gold price higher. I am starting to stand with GOLD bullish.Let's see. Bears pls be careful. Trade Safe, s0nic Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.
OANDA:XAUUSDLong
by SonicDeejay
4
EUR/SGD 1D Chart: Channel UpEUR/SGD 1D Chart: Channel Up The common European currency is gradually advancing against the Singapore Dollar in a long-term ascending channel. The pattern started to form after the currency exchange rate made a rebound and ended to move a six month long horizontal movement. One of the features of this channel is that, initially, it gained two reaction highs in a row and, afterwards, two reaction lows in a row, which suggests that the same situation might happen in future. Last week the currency rate made a third rebound from the upper edge of the channel but failed to fall below the updated weekly PP at 1.6035. Therefore, there is chance that the pair will surge one more time towards the weekly and monthly R1 near 1.6117 before making an ultimate slip to the southern direction.
by UnknownUnicorn890690
CAD/JPY Daily Update (7/8/17) (*Bear Bear)This pair is prime to go down further. It is a matter of time. So do not rush and time it properly. Any swing back will be a nice sell chance for me. I will be looking for "short only" for now and will sit it out as it drips lower and lower. Trade Safe, s0nic Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.
Short
by SonicDeejay
3
NZD/JPY Daily Update (6/8/17) *More Bear to COme. I am Bearish. After weeks of playing around, it has started to come down. The weekly candle is bearish. It is a better bet to stay on sell side. It will be better if the price swings up to 82.8 regions, and I will ride it down with the sell momentum again. NZD will be the star for the next week. So, we shall look for a nice shorting opportunity. Trade Safe, s0nic Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.
Short
by SonicDeejay
Weekly Momentum On Major Pairs (Week 32/2017)Week 32 (6 Aug 2017) XXX/USD: Slight Bearish (GBP is weaker) Gold & Silver: Bearish (Turning Bear now) XXX/JPY: Slightly Bearish USD/XXX: Bullish (Turning Bull now) Indexes: Bullish Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.
by SonicDeejay
XAU/USD Gold Daily Update (5/8/17) *Bear Very LikelyWe can see that there are more and more possibilities of going down, strong bearish engulfing candle is also a plus. Now the only level that support is 1252, so that level will be a great support region for now. In my opinions, once 1252 is broken strong. it shall go to 1244 and even further. So for now, do not LONG at this moment. It is better to be on SHORT side for now. Trade Safe. s0nic Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.
OANDA:XAUUSDShort
by SonicDeejay
4
FTSE UK Stock Index (5 Aug 2017) *Upside LimitedCurrently is in Bullish Engulfing Candle. Likely it will go higher for a time being but I want to warn you is that, upside may be limited. It can swing up to 7540 as a retest but going is higher is unlikely. It is early to call for short but I am seeing it will be more and more of Bearish signs to show up. Trade Safe. s0nic Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.
OANDA:UK100GBP
by SonicDeejay