TraderNeoh

TraderNeoh Updated 

In yesterday's analysis, I expected NU to have further bearish momentum towards the downside, which was exactly what the market performed. In today's trading session, I'll be favoring short-term selling opportunities with 0.7107 support zone as target, but be aware that the condition is still range bound. If we noticed further bullish momentum breaching 0.7220...

TraderNeoh Updated 

In yesterday's analysis, I expected AU to re-test the 0.7660 resistance zone with further bearish continuation, which was exactly what the market performed. However, noticed that price found support at 0.7615 zone, currently rolling back up. In today's trading session, I'll be favoring short-term selling opportunities. It's not easy to identify entry zones for the...

TraderNeoh Updated 

In yesterday's analysis, I expected EU to respect the bottom band of the flag (exhaustion pattern) the second time, then further drop towards 1.2060 support zone, which was exactly what the market performed. In today's trading session, I will be focusing on the short-term selling opportunities. Be aware that there was a bullish engulfing pattern at 1.2060 support...

TraderNeoh Updated 

In yesterday's analysis, I expected GU to have another bearish rejection from 1.3740 violating the bottom trendline, which was exactly what the market performed. In today's trading session, I will be focusing on short-term selling opportunities. As price is still within a ranging condition which provides no clear resistance structure, since we're looking for...

TraderNeoh Updated 

In the recent analysis, I discussed about potential reversal on UJ since early January as I noticed a probe setup on 6th Jan, when price breached below 103.000 support zone then popped back up indicated short-term momentum shift (bearish → bullish). I then talked about the exhaustion pattern (flag) followed by a build up zone since 22th Jan with potential...

TraderNeoh Updated 

NU is currently in an uptrend, in today's analysis I'll be using the 4h chart for a better clarity in the market. NU was in a clear uptrend with higher highs & lows sequence, a range bound condition began to form when NU failed to further rally on 6th Jan formed a head & shoulder pattern, indicating short-term bearish sentiment in the market. In today's trading...

TraderNeoh Updated 

AU is currently in an uptrend, but the recently I've discussed about the descending triangle formation on AU, indicating a potential short-term bearish sentiment in the market, which was exactly what the market performed. In today's trading session, I will be favoring short-term selling opportunities. There are two setups that I am looking at 1. A re-test of...

TraderNeoh Updated 

EU is currently in an uptrend, but the recent price action has shown some short-term bearish sentiment. We had an ascending channel violated result from a fall from 1.23480 high towards 1.2061 support zone (valley of the ascending channel). EU has rejected twice from the bottom band of the flag (bearish continuation pattern). There are two setups that I am looking...

TraderNeoh Updated 

GU is currently in an uptrend but chugging along. 1.3740 key resistance zone has held strongly since 21st Jan. In today's trading session, I will be monitoring the price action of GU closely, due to the higher lows sequence forming with a bottom trendline (squeezing model) with 1.3740 as the mean. There are two setups that I am looking at 1. If there's another...

TraderNeoh Updated 

In the recent analysis, I expected UJ to have an impulsive upwards breakout of the exhaustion pattern (flag) that has been formed since 11th Jan, with the buildup phase as our potential long entries, which was exactly what the market performed. In yesterday's forecast, I discussed about potential rejection at the 104.27 resistance level (high of the flag pattern),...

TraderNeoh Updated 

In yesterday's analysis, I discussed about potential pullback of NU to re-test the 0.7170 previous S&R zone, which was exactly what the market performed. In today's analysis, I'll be switching to the 4h chart to have a better clarity, with 150ema as a long-term directional bias guide. In today's trading session, will be favoring short-term selling opportunities...

TraderNeoh Updated 

In yesterday's analysis, I discussed about short-term selling opportunities if price rejects the 0.7667 previous S&R zone, but price had a deeper pullback towards 0.7690 before further bearish continuation. In today's analysis, I'll be switching to the 4h chart for a better clarity with 150ema as a long-term directional bias guide. As price is crossing below the...

TraderNeoh Updated 

In yesterday's analysis, I expected EU to re-test the bottom band of the flag pattern/ 1.2140 minor resistance before further selling pressure steps in, which was exactly what the market performed. In today's trading session, will try to remain neutral bias as the market is relatively slow. As price has now crossed and stayed below the 150ema, that could indicate...

TraderNeoh Updated 

In yesterday's analysis, I discussed about the short opportunity on GU due to the short-term weakness, but during yesterday's early NY session price found bullish momentum pushing it back towards 1.3740 key daily resistance. In today's analysis, I'll be using the 4h chart to provide a better clarity in the market. After some re-assessment, GU has been respecting...

TraderNeoh Updated 

In yesterday's analysis, I expect UJ to have an upwards breakout of the exhaustion pattern (flag) that has been formed since 11th Jan with 104.27 resistance level as the initial target, which was exactly what the market performed. A breakdown of yesterday's forecast, UJ has been in a long-term downtrend post-Covid, which lead to the majority still dwelled in the...

TraderNeoh Updated 

In yesterday's analysis, I expected NU to have a strong sell-off at 0.7240 resistance zone with 0.7171 support zone as the initial target, which was exactly what the market performed. A breakdown of yesterday's forecast, I noticed that 0.7240 served as a key resistance zone since 13th Jan, the level was again rejected on the 14th Jan. NU previously formed a lower...

TraderNeoh Updated 

In yesterday's analysis, I expected AU to have some strong sell-off as I noticed a descending triangle forming with 0.7667 support zone as the valley, which was exactly what the market performed. A breakdown of yesterday's forecast, since 6th Jan I've been noticing the weakness in AU as price was constantly forming lower highs (refer to 6th, 14th, 21th1 27th Jan)...

TraderNeoh Updated 

In yesterday's analysis, I expected EU to have a sell-off from 1.2176 resistance level with 1.2060 support zone as the initial target, which was exactly what the market performed. A breakdown of yesterday's forecast, I noticed since a flag (exhaustion pattern) since 21st Jan, as price bounced off a 'channel' multiple times, which would typically lead to further...