NU has been in a ranging condition between the 0.7250 - 0.7107 S&R zones, currently we have a 0.7657 minor support zone formed. In today's trading session, I will remain neutral bias. I will be using the 0.7157 minor S&R zone to guide my short-term directional bias as market can move either way. Avoid over-trading in a ranging condition. The higher timeframe...
AU is currently in a ranging condition between the 0.7825 - 0.7625 S&R zones. In today's trading session, I will remain neutral bias. I noticed that we have this 0.7720 minor S&R zone forming between the wide range. I will be using this minor zone as a an entry guide to my short-term directional bias. Be flexible with this pair. The higher timeframe picture...
EU is currently in a ranging condition bouncing back & forth between the 1.1990 - 1.1850 S&R zones. In today's trading session, I will remain neutral bias. Personally, I will avoid any directional bias until I notice any clear reaction at the 1.1850 key support zone. If there's any clear bullish rejection at the 1.1850 support zone, that could send EU back towards...
GU is currently still in a ranging condition, between the 1.3788 - 1.4000 S&R zones. In today's trading session, I will be looking for short-term selling opportunities. If 1.3860 minor resistance zone is rejected, I will be looking to short it with 1.3782 support zone as the target. However, if GU again pop back above the 1.3760 level and hold above it, that...
I've been talking about the ranging condition in UJ between the 109.25 - 108.86 minor S&R zones. In today's trading session, I will remain neutral bias. If there's another rejection at 108.88 minor support zone, that could send UJ back towards the 109.22 resistance area. However, if we notice a clear downwards breakout below the 108.88 minor support zone, that...
NU is currently in a ranging condition, bouncing back & forth between the 0.7250 - 0.7110 S&R zones. In today's trading session, I will be focusing on short-term buying opportunities. I am currently expecting a push back to re-visit the 0.7250 resistance zone. However, if we notice any selling pressure in the market, that could NU towards the 0.7110 support zone....
EU has been in a ranging condition between this 1.1987 resistance zone to 1.1845 support zone. In today's trading session, I will be focusing on short-term buying opportunities. If we notice some sort of bullish momentum/ rollover, that could send EU back towards the 1.1987 minor resistance zone. The higher timeframe picture remains bullish. Trade safe. Do...
AU has been in a ranging condition since January 2021, bouncing back & forth between the 0.7814 & 0.7630 S&R zones. In today's trading session, I will remain neutral bias. Two scenarios that I am looking at 1. Until we get a clear upwards breakout of the 0.7820 resistance zone, avoid chasing the buys 2. If price again rejects the 0.7820 resistance zone, that...
I've been talking about the current flag pattern (exhaustion sign) forming on the GU. We had an upwards breakout due to yesterday's Fed Funds Rate announcement, and price is currently having a re-test. In today's trading session, I will remain neutral bias and pay attention to the current price level. If we notice some bullish momentum, that could send GU back...
UJ has been bouncing back on forth between the 108.38 - 109.25 S&R zones proceeding its range bound condition. In today's trading session, I will be focusing on short-term selling opportunities. Two scenarios that I am looking at 1. If UJ again bounce back towards the 109.25 resistance zone, I will be looking for some range setup with 108.90 minor support zone as...
I've been talking about the 0.7243 resistance zone for a long time, NU is currently sitting at the 0.7245 resistance zone, avoid taking any action unless we notice a clear upwards breakout, then we can look for potential retracement entries with 0.7310 area as the target. However, if there's any sudden bearish momentum steps in, that could send NU back within the...
In the previous analysis, I expected AU to have an upwards breakout violating the descending triangle formation, which was exactly what the market performed. In today's trading session, I will be looking for buying opportunities. If we get a clear breakout of 0.7820 resistance zone, I will be looking to get involved in long setups after a re-test. 0.8000...
In the previous analysis, I expected an upwards breakout of the pennant formation, which was exactly what the market performed. In today's trading session, I will be focusing on short-term buying opportunities ONLY if I see a clear upwards breakout of the 1.1996 minor resistance zone. There's only one setup today, is to go long above the 1.1996 area with a break &...
GU has been in a descending channel/ Flag pattern since late February. Price breaks above the top band earlier due to the Fed news. In today's trading session, if the bullish momentum continues, I will be looking for potential short-term buying opportunities. If we get a re-test on the top band of the flag pattern, that gives us a potential break & re-test setup...
In yesterday's analysis, I expected UJ to have some short-term bearish reversal rejecting the 109.22 resistance zone, which was exactly what the market performed. In today's trading session, I will be focusing on short-term selling opportunities if UJ finds further sellers in the market. Two scenarios that I am looking at 1. If there's further selling pressure,...
I've been talking about the current squeezing formation on NU. In today's trading session, I will remain neutral bias. There's a wide range between 0.7240 resistance zone & 0.7110 support zone. Until there's a clear upwards or downwards breakout of the current squeezing formation, I will not have any clear directional bias. In condition like this, avoid...
I‘ve been talking about the current ranging condition on AU bouncing on & off between 0.7815 & 0.7640 S&R zones. I today's trading session, I will remain neutral bias. Two scenarios that I am looking at 1. If we notice any clear bullish rejection off the 0.7722 minor support zone, that could send AU towards the 0.7815 resistance zone (Bullish) 2. If price dips...
In the previous analysis, I talked about the range between 1.17874 & 1.1850 S&R zones. In today's trading session, I will remain neutral bias. Until we see a clear break above or below the range, I will be taking a step back due to the recent choppiness in EU. Two scenarios that I am looking at 1. If we get a clear upwards breakout of 1.1990 minor resistance...