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Sonicrmastery

AUD/USD (An explosive UPside is on the card?)View On AUD/USD (22 June 2019) First Thing First: Pls read our prev analysis. Back Ground: We are seeing decent bullish attempt as the bullish structure start to form. "If it works out" it shall go easily yo 0.697 first and possibly even higher. Target(s): UP 0697 (TP1), 0.708 (TP2) , 0.7112 (TP3) , 0.721 (TP4) SHTF: 0.685 should act as a decent support. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
Hong Kong Stock Index HSI (7 June 2019) We are seeing a potential Swing UP to 27,310 and 27,677. Let's see. Happy Holiday. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:HK33HKD
by SonicDeejay
2
Weekly Momentum Analysis On Major Pairs (Wk26/19)XXX/USD: Mixed/Slight Bullish (EU is bullish while GU is still mixed) Gold & Silver: Very Bullish XXX/JPY: Mixed/Slight Bearish Indexes: Very Bullish BitCoin: Very Bullish Wk 26 (22 June 2019) Post Scriptum: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume, Macro nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
by SonicDeejay
WTI Crude Oil (The downward movement will get slowed)View On WTI Oil (3 June 2019) Back Ground: WTI used $60 as strongly resistant to it swung down BIG. Next: I am expecting $51 to $53 will be good support region. So be careful, if you are thinking of short now. It may not go as fast as the last week did. Target(s): No Longer Bearish SHTF: NA DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:WTICOUSD
by SonicDeejay
NZD/USD (Watch that 0.655 level)View On NZD/USD (29 May 2019) Now it is trying hard to Bang/Break UP 0.655 region. If it is strong Break UP, we can see 0.657x region. DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading. Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account. Feel Free to "Follow", press "LIKE" "Comment". Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
2
View On Gold XAU/USD (The Bull strength is Strong)View On XAU/USD (2 June 2019) Gold has an astounding recovery on the late last week and it broke a strong support resistant region of $1,300., now it is using $1,285 as a very strong ULTIMATE support region. Meanwhile, it can go $1,310~$1,314 easily and the next hard resistant will be $1,320 (Take profit there) DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:XAUUSDLong
by SonicDeejay
1
Weekly Momentum Analysis On Major Pairs (Wk23/2019)XXX/USD: Mixed/Slight Bearish Gold & Silver: Slight Bullish XXX/JPY: Very Bearish Indexes: Very Bearish BitCoin: Very Bullish Post Scriptum: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume , Macro nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
by SonicDeejay
View On Gold XAU/USD ($1,300 region will be strongly defended)View On XAU/USD (26 May 2019) First: We warned that $1,300 was a STRONG resistant. The price indeed touched $1,300 and swing back down a near 300 pips. Pls go see how last week analysis. Background: Gold is going to be one tricky instrument in the coming week. Literally, it is bouncing between 1275 to 1300 levels. We may see an initial rise from 1285 to 1290 level but 1300-1310 region a very HARD nut to crack. Target(s): So, if you are on the long side, aim 1300-1310 as a target while you can stay with the short as long as the price cannot break up 1300-13100 region. SHTF: NA DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:XAUUSD
by SonicDeejay
USD/JPY(109.9 is reachable)View On USD/JPY (30 May 2019). First Thing First: Now we are at the Double Bottom level. Let's see. Back Ground: It is using 109 as strong support and it can drift up higher first "if" the support level is acting well.. Target(s): Slight Bullish 109.9 and 110.6 SHTF: 108.8 should act as a decent resistant DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
Oil WTI Crude ( $60 will be defended)Updated View On WTI Oil (27 May 2019) Back Ground: It did swing up to a strong support region of 56-58 and it had a bounce. I am expecting it shall slow downn the bear momentum for now. It can swing up to $60 using the momentum but $60 shall be one tough level to break up. Be very careful. Target(s): Slight Bullish $60 (TP1) SHTF: It will use 56 as strong support region. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:WTICOUSD
by SonicDeejay
USD/CNH (We can see some pull back first)View On USD/CNH (27 May 2019) We can see that it has hit decent strong resistant region of (6.9 to 6.95) and it make take a pullback for now. So, it can make a pullback to 6.88 to 6.86. So, do not aggressively go LONG at this moment. All the best. DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading. Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account. Feel Free to "Follow", press "LIKE" "Comment". Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
S&P500 Index (The Ghosts Of US-CN trade wars are Back)View On S&P; 500 (10 May 2019) Back Ground: SP500 has reached to the last year high and all the hell start to break loss. Out of sudden, the ghosts of the trade war are back. Things to See: Currently BULLs and BEARs are wrestling hard, and the current sell down can swing back up for a retest. If you wanna short, it is better for you to wait for the dead cat bounce to get over first. You can wait at 2,950 again if you want. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:SPX500USDShort
by SonicDeejay
USD/CAD (A quick run up to this level is possible)View On USD/CAD (14 Apr 2019) First: NA Back Ground: We are in the tough rangy condition since the early of May. We can expect the quick rush to 1.346 first. Target(s): 1.346 (TP1) SHTF: 1.335 DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
GBP/AUD (The bear momentum has slowed)View on GBP/AUD (27 May 2019) We had a nice swing back down hitting strong resistant of 1.885 regions in the early May. Currently, the BEAR momentum seems to have slowed down. You may want to take a look into taking some profit if you have short positions. The STRONG support is 1.818 region. If the price manages to break 1.839 level, we can see some bull forces in again. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
NZDUSD (Time for a swing back UP?)View On NZD/USD (27 May 2019) As mentioned in the previous post 0.65 region is nice support regions. It can go the 0.658 and 0.66 regions as a good swing up. DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading. Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account. Feel Free to "Follow", press "LIKE" "Comment". Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
View On NZD/CAD (A potential S/R play)View On NZD/CAD (24 May 2018) We are seeing the price rebound from the level of 0.875 regions. IF the current resistant of 0.879 breaks, it can go to 0.8877 region DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
Weekly Momentum Analysis on Major Pairs (Wk22/2019)XXX/USD: Bearish Gold & Silver: Slight Bullish XXX/JPY: Mixed/Slightly Bearish Indexes: Bearish BitCoin: Very Bullish Wk 22 (25 May 2019) Post Scriptum: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume , Macro nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
by SonicDeejay
GBP/USD (1.268 to 1.27 can be a TP for short)View On GBP/USD (19 May 2019) Back Ground: I am dead wrong on the GU bullishness in Mar-Apr period. The market can stay irrational longer than you can stay solvent. We had a strong meltdown for the past 2 weeks and ended with a strong BEAR candle. At the same time, as the trend persists the potential of the opposite force making a comeback is strong too. So, it may swing down to the serious support region of 1.268 to 1.27 region first. Target(s): It will update again SHTF: 1.263 should act as a decent support. SO, this 1.265 to 1.268 can be your TP for your short position. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
2
Gold XAU/USD (FOMC shall trigger the next move.View On XAU/USD (20 May 2019) First: We warned that $1,300 was a STRONG resistant. Background: As mentioned, $1,300 was a very tough nut to crack and at the same time $1,265 to $1,270 is a good support. We expect the market will take a clue from FOMC and it will take shape after the midweek. Target(s): Neutral. I will update if there is any new development. SHTF: NA DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:XAUUSD
by SonicDeejay
WTI Crude Oil ($61.5 shall support)Updated View On WTI Oil (22 May 2019) Back Ground: We are seeing a little push back in Oil price at this moment and the level such as $61.5 shall act as a decent support. If you wanna long now, do not rush at all. Target(s): UP 63.9, (TP1) 64.4 (TP1), 64.95(TP2) SHTF: It will use 56 as strong support region. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:WTICOUSD
by SonicDeejay
German DAX Stock Index (The strong trending days are over)We had a great run since early 2019 and now the bull momentum has stalled in recent weeks. So, we may go into a dreadful range period for now with big range bound movement. We can see the strong bullish support are near 11300 to 11500 regions and if there is any pullback to the mentioned region, we can expect a push back up. Time the trade well. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:DE30EUR
by SonicDeejay
Weekly Momentum Analysis On Major Pairs (Wk21/2019)XXX/USD: Bearish (GU is very bearish while EU is slight bearish) Gold & Silver: Very Bearish XXX/JPY: Very Bearish Indexes: Very Bearish BitCoin: Slight Bullish Wk 21 (20 May 2019) Post Scriptum: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume , Macro nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
by SonicDeejay
Gold XAU/USD (Inching Up)View On XAU/USD (13 May 2019) First: You can go read my previous analysis if you want. Background: Gold is currently in the grind UP condition and it shall inch further up slowly. The keywords are "grind' and slow. You can time them well. It shall revisit our old (TP1) of $1,288 again. Nonetheless, it might eventually rise again toward $1,298 region (TP2). Target(s): Neutral 1289.4 (TP1) 1299.4 (TP2) 1314.6 (TP3) SHTF: It will use $1,258 as strong support. You either hedge it or your SL have to be way lower than the level. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:XAUUSDLong
by SonicDeejay