KENJICHEN

KENJICHEN

USOIL Oil had quickly plunge yesterday and supported around at 60.80, obviously oil reconfirm there have some upward pressure below $61. As triple bottom shows up, we should better try long position to oil, moreover, overall US mkt and Dollar weaker condition may give oil opportunities to thrive. Consider long oil around 61.56 and target at 62.10 / 62.40.

KENJICHEN

GBPUSD Pound encouraged by dollar long position offset pressure and breakout the downward trend line around at 1.31 level. It gave chance to challenge 1.32 level and take back the losses that was made in April. However, if GBPUSD want to reverse the weakness it should at least stand above 1.32, which is a pivot point to uptrend. For today's trading, I...

KENJICHEN

XAUUSD Gold experienced high volatility last week during FED and USNFP released, however, gold reconfirm the support level around at 1267. As we can see, two bottom may construct if gold maintain the momentum to push up, moreover, 1277 will be a critical level to hold to uptrend. In another way, 1288 around FED high will need to breakout as long as uptrend is...

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USDCHF Four pin bar retest resistance area and fail to conquer, so try do short position to USDCHF. With SL above 1.0211 and target 1.0160/1.1010 by anticipating CHF may stronger than USD this week. Support: 1.0160 / 1.0110 Resistance: 1.0197 / 1.0211

KENJICHEN

USOIL Oil experienced huge downward pressure in last US market, thus broken short-term uptrend structure. Once breakdown $64 level, the trend may test 62.00~61.90 is reliable support or not, moreover, as we can see recent 1H pin bar are around at 63.13, so 63.13 and 63.60 will be entry points to short position. Be ware of Euro market situation if Oil goes up...

KENJICHEN

USOIL Oil failed to break resistance and got huge downward pressure when reach my SL 65.70 yesterday. Moreover, oil still have chance to recover loss made by US market, because of the trend didn't turn bad. Besides, the critical support area is around at 64.60 and Asia market just stop downward at 64.70. So, if oil can maintain the support area, the rising...

KENJICHEN

USOIL Oil seems completed the consolidation during this days and struggle around at downward trend line. Most likely waiting the momentum to bounce up and challenge high of 66.59. Therefore, I recommend long oil near at 65.95 and target recent high, if 66.60 can breakout, the $67 will soon to see it. In other way, if oil face resistance around high again...

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XAUUSD Gold had rebounce after reach 1267~69 support level and close at 1274 yesterday, then early market still rising to challenge recent high around 1277~1279. Even though gold got some energy to rise, but it still in a downward pattern since it break neckline and fail to maintain at least above 1285. So, the 1279 is critical point for gold to pivot the...

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GBPUSD We should more careful today, because it's the time advantage to bounce in Thursday. Although the trend is in weakness situation, the better strategies is find good price to short to prevent losing from quick bounce. 1.29 level is relative target that I mentioned in previous ideas, it is just fulfilled and may have support in this level. By following...

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XAUUSD Gold would probably downward to 1269~1267 today, so try stay in short side. 1277 is the relative defense of short position, if gold can't rise above 1277, then continuing short gold without doubt. Have nice trading day:)

KENJICHEN

GBPUSD Pound is really weak during recent trading days, once GBPUSD can't not maintain 1.30 level, then pound will endure downward pressure to 1.2900 level. Therefore, we should stay in short side to GBPUSD and target 1.2900 when 1.2964 been breakdown. Support: 1.2964 / 1.2944 Resistance: 1.3000

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USOIL Oil got positive signal from US restriction regulation to Iran yesterday, then with strong uptrend pattern and incentives, oil seems will challenge $66 level today. Therefore, if u had follow the reversal horizon to long oil, keep position on hand and waiting the presentness when Euro market open. Just beware of Euro market can hold above $66 or not, if...

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USDCAD It is relative important week for CAD, it will have several event and economic data release in following days. As we can see, USDCAD have some pressure and fail to create new high when approach 1.3390~1.3400, then decline at Asia market lately. So, mkt reveal some positive signal to CAD and we can follow it by scheduling our strategies. Consider short...

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EURUSD Euro experienced relative huge decline last week and had little bounce to 1.1250 resistance level today. Due to strong dollar and euro daily chart pattern, euro may in weakness situation this week, if euro can't thrive above 1.1260. By following previous trend, we better short euro at 1.1250 and target low 1.1230 to 1.1217 in short-term...

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image]https://www.tradingview.com/x/05qa7NSK/ USOIL Oil had rise above 65 this Asia market and pullback when reach nearly close to $66 in Euro market. Even though, oil got some pressure lately but it didn't break the uptrend situation, moreover, we can anticipate oil rising again when US market open. So, I recommend long oil at reversal horizon or around...

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GBPUSD As pound breakout the consolidation triangle pattern, the downward pressure continue to make GBPUSD lower and lower, 1.30 level is able to lose. The relative support level is around at 1.2960 and it's a second pivot point for pound weakness after breaking 1.3070. However, GBPUSD is getting lower about 3 trading days, and it will need to be aware of the...

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XAUUSD Gold is testing resistance area right now , so try to short gold right now and target 1273~1271 for short-term. Support: 1273~1271 / 1265 Resistance: 1277 / 1281

KENJICHEN

USOIL Oil reconfirm the consolidate area around 63.15~63.56 today which struggle in previous day and then rebounce to 64.40. With strong upward momentum in the Euro market, therefore, US market may rise again to challenge the resistance and maintain $64 level. So, try long to oil around at 63.85 or Reversal horizon. Support: 63.85 / 63.57 Resistance: 64.18 / 64.36