In the previous analysis, I expected AU to have deeper pullbacks towards 0.7640 support zone as i noticed the buyers' weakness due to the complete digestion of bullish impulse, which was exactly what the market performed. Currently looking at short-term selling opportunities after some pullback around 0.7696 - 0.7703 zone for some bearish continuation setup with...
In the previous analysis, I expected the market to respect the channel formation and reject off the bottom range of the channel, which was exactly what the market performed. However, EU had a strong rejection off previous daily high (1.2309), closing the day with a bearish pin-bar. Currently, i am noticing the short-term EU weakness as it failed create new high...
In yesterday's analysis, I discussed about the long opportunity if price pullback to re-test the 1.3617 technical support zone with trendline confluence for bullish continuation opportunity. However, bearish momentum took place and violated the trendline & support zone. Currently, price is having an exhaustion, will be looking for short-term selling opportunities...
In the recent analysis. I expected price to 103.700 resistance zone for bearish continuation towards 103.000, which was exactly what the market performed. Today's setups will fairly simple, we want to see price clearly violates 103.000 level strongly due to the wide range with 102.000 as our target. If the downwards breakout is weak, be cautious of possible...
In the previous analysis (Saturday/ 2nd Jan), I expected NU to re-test 0.7171 technical support for further bullish continuation. From the price action perspective, I can see that in the short-term, current price is under the sellers' territory due to the over-extended condition and the strong selling pressure. Will remain neutral bias at the moment, pay attention...
In the previous analysis (Saturday/ 2nd Jan), I expect the market to have deeper pullbacks, which was exactly what the market performed. We can see that market had an impulsive bullish candle (big green candle) approach 0.7740 daily high, followed by complete digestion of the bullish move. Will remain neutral bias at the moment, we need to see price breaking above...
In the previous analysis (Saturday/ 2nd Jan), I expected the market to respect the channel formation and reject off the bottom range of the channel, which is exactly what the market performed during the Asia session today. As mentioned, do pay attention to 1.2255 & 1.2270 resistance zone, If price rejects from there we could see short-term rotation potentially...
GU is currently in a strong uptrend with the recent upwards breakout of 1.3617 daily resistance zone. In the previous analysis (Saturday / 2nd Jan), I expected GU to re-test 1.3617 zone with trendline confluence for further bullish continuation. The setup remains the same today, Ideally i expect the market to re-test the 1.3617 technical support zone for a break &...
I've received questions regarding how to identify whether its a temporary/ short reversal or a complete reversal during the uncertainty. There are certain things that you should be looking for when you're looking for these two complete different setups. Mean reversion: 1. Shallow pullbacks - It's a primary indication that big players are simply pausing, wait for...
UJ is currently in a range bound condition after the previous extended downtrend move. In the previous analysis (Thursday/ 31st Dec), I expected UJ to violate the 103.000 key technical support zone for further bearish continuation with 102.000 as target. However, we saw a double bottom setup on Thursday's close which was an indication of short-term bullish...
In the previous analysis (Thursday/ 31st Dec), I expected NU to pullback due to the over-extended condition after the breakout of 1.7171 daily high. Coming into Monday (4th Jan) session, I expect NU to perform deeper pullback towards 0.7171 or potentially 0.7144 zone for further bullish continuation setup. However, if you are aggressive, do pay attention to 0.7198...
In the previous analysis (Thursday/ 31st Dec), I expected AU to more pullbacks due to its over-extended condition, which was exactly what the market performed. On Thursday session, we saw a strong bullish candle followed by complete digestion, which is a bearish signal. Coming into Monday (4th Jan) session, I expect some rotation and short-term bearish pressure...
In the previous analysis (Thursday/ 3st Dec), I expected GU to re-test 1.3611 for further continuation setup, which was exactly what the market performed. However, always examine the strength of breakout as compared to the prior range to understand if it's a true breakout or probe. Coming into Monday's (4th Jan) session, we want to see some exhaustion candles and...
On Thursday (31st Dec) analysis, I expected the market to respect 1.2270 technical support (daily high). After the trendline was broken, a sudden momentum shift occurred violating both 1.2270 & 1.2250 support zone. Coming into Monday (4th Jan), will be focusing on short-term selling opportunities after some pullback potentially back to 1.2255 minor resistance,...
Hi everyone! Thought of sharing some personal mindset-related gains for the span of 2020 since today's the first day of 2021, hopefully it'll be the best year to all of my follower, and to anyone who's spending their time reading this. Why is it so important to journal down all of your trades, and really dig into reviewing them on a daily basis? I've received...
UJ is currently in a range bound condition after a strong downtrend momentum. In yesterday's forecast, I expected the market to break below the pivot trendline and re-visit 103.000 previous swing low as price had multiple rejections off 103.700, which was exactly what the market performed. Will be focusing on long-term selling opportunities if price breaks below...
NU is currently in a strong uptrend, finally breaking the 0.7171 key resistance. In yesterday's forecast, I expected the market to break and re-test 0.7171 for continuation setup, which was exactly what the market performed. Will be focusing on long-term buying opportunities after some minor pullback or exhaustion pattern with 0.73 as the primary target. Avoid...
EU is currently in a strong uptrend, having an upwards breakout of 1.2270 resistance. In yesterday's forecast, as the Asia session was showing buyers' strength and breakout opportunity, I expected the market to pullback below 1.2270 (probe) at 1.2250 level for further continuation due to the weak breakout, which was exactly what the market performed. Will be...