UJ has been in a strong short-term uptrend, currently in an over-extended condition. In today's trading session, I will be focusing on the short-term selling opportunities. It has 5 consecutive green days on the daily chart, I am anticipating some short-term rotational move back towards the mean (18ema). Trade safe and be flexible. Do follow my profile for daily...
NU has been in a massive sell-off since last week, currently price is having some consolidation below the 0.7020 resistance zone. In today's trading session, I will be aware of potential pullback upwards above the 0.7020 resistance zone due to the previous over-extended condition. Trade safe and be flexible. Do follow my profile for daily fx forecast &...
AU has been in a range bound condition since early January 2021. In today's trading session, I will remain neutral bias on AU. Price is currently sitting above the 0.7580 key support zone, If it finds buyers that could send AU back upwards to proceed its ranging condition. If 0.7580 support zone is broken, I will be looking for potential break & re-test with...
EU has been in a grinding downtrend, currently in an over-extended condition. In today's trading session, I will be aware of potential pullback towards the 1.1760 minor resistance zone. However, if the price keeps grinding lower, avoid chasing the sells in this over-stretched condition. Trade safe and be flexible. Do follow my profile for daily fx forecast &...
I've been discussing about the current flag/ descending channel formation on the GU. In today's trading session, I will be focusing on short-term buying opportunities. The only long setup I am looking for is to wait for a clear upwards breakout above the current flag pattern towards the 1.4000 resistance zone. Trade safe and be flexible. Do follow my profile for...
In the previous analysis, I mentioned the 109.80 as a key resistance zone, seems like market has broken above it. In today's trading session, I would still pay attention to how price reacts at the current price zone as the upwards breakout wasn't strong enough. I will be looking for possible retracement entries at the 109.80 support zone, the nearest resistance is...
In the previous analysis, I mentioned that we could expect some pullback on NU breaking above the 0.7815 resistance zone, which was exactly what the market performed. In today's trading session, I will remain neutral bias. I will be paying attention to the 50ema on the 4h chart as a potential rejection area for further bearish continuation setup. However, if it...
I've been discussing about the current range bound condition on AU for a very long time between the 0.7825 - 0.7590 S&R zones. In today's trading session, I will remain neutral bias. Due to the ranging condition, AU can move both ways. The nearest resistance zone is 0.7720, the nearest support zone is at the 0.7590 area. Trade safe and be flexible Do follow my...
In today's trading session, I will be looking for some short-term buying opportunities. I will be aware of potential pullback to re-test the 1.1840 minor resistance zone for further bearish continuation setup towards the 1.1650 key support zone. Trade safe and be flexible. Do follow my profile for daily fx forecast & educational content.
GU has been in a descending channel/ flag pattern since late February. In today's trading session, I will remain neutral bias. I need to see a reaction of price rejecting or violating the top trendline to determine my short-term directional bias on GU. Two scenarios that I am looking at 1. If it again rejects the top trendline, that could send GU back towards the...
UJ has been in a strong short-term uptrend. In today's trading session, I remain neutral bias and pay attention to the 109.80 key resistance zone. Two scenarios that I am looking at 1. If price pullbacks to re-test the 109.20 support zone, that gives us a potential retracement entry with 109.80 resistance zone as the initial target (Bullish) 2. If we notice a...
NU has recently broken below the 0.7015 support zone with some extremely strong bearish momentum. In today's analysis, I will remain neutral bias due to the current over-extended condition. I will pay attention to the 0.7015 area as a potential rejection for further bearish continuation setup towards the 0.68 support zone. Avoid chasing the sells if the price just...
AU has been in a range bound condition since early January 2021. In today's trading session, I will be looking for short-term selling opportunities. As there isn't any clear static S&R zones to guide my entry, I will be paying attention to the 50ema on the 4h chart as a potential bearish rejection zone with target towards the 0.7520 support zone. Trade safe and...
EU has been in a downtrend, recently broke below the 1.1840 support zone. In today's trading session, I will remain neutral bias due to the current over-extended market condition. I will be looking for a potential re-test at the 1.1840 resistance zone for further selling opportunities with 1.1650 support zone as the target. Trade safe and be flexible. Do follow...
In today's trading session, I am looking for short-term selling opportunities on GU. As I noticed that price is currently forming a flag (exhaustion pattern). I will pay attention to both 1.3780 & 1.3850 resistance as potential re-test zones for further bearish continuation setup towards the 1.3580 support zone. Trade safe and be flexible. Do follow my profile...
In yesterday's analysis, I expected UJ to re-visit the 109.28 resistance zone, which was exactly what the market performed. In today's trading session, I will be focusing on short-term buying opportunities. If UJ breaks above the 109.20 zone, I will be looking for potential re-test for further bullish continuation setup with 109.80 resistance zone as the...
NU has been in a massive sell-off since Monday. In today's trading session, I will pay attention to potential pullback on NU to re-test 0.7020 minor resistance zone. Be aware that we could see some deeper pullback above the 0.7720 zone before sellers step in. The next key support zone is around the 0.6800 area. Trade safe and stay reactive. Do follow my profile...
AU has been in a ranging condition bouncing between the 0.7820 - 0.7590 S&R zones. In today's trading session, I will be aware of potential short-term bullish movement. As I noticed that sellers are still strong, I will be looking for some pullback/ exhaustion pattern for further selling opportunities breaking below the 0.7595 support zone towards the 0.7510...