AU is currently in a strong uptrend, finally violating 0.7640 key resistance. In yesterday's forecast, I expected the market to have a minor pullback with 0.77 as target, which was exactly what the market performed. Will be focusing on long-term buying opportunities after some pullback for continuation setup, with 0.78 as the primary target. Avoid holding...
GU is currently in a strong uptrend, finally breaking the 1.3617 resistance. In yesterday's forecast, I expected GU to break above 1.3527, make a re-test and continuation to visit 1.3617 high which was exactly what the market performed. Will be focusing on long-term buying opportunities after some exhaustion pattern (eg, flag, pennant, higher lows, etc) or a...
UJ is currently in a range bound condition after an extended downtrend. In yesterday's forecast, I expected the market to break above the 103.70 resistance, however, as the trendline is broken, a short-term bearish momentum back to 103.000 previous swing low is expected. Due to the recent dollar weakness, if the 103.000 support zone is violated, we could expect...
NU is finally breaking the range continuing its uptrend momentum. In yesterday's forecast, I expected the market to break above the 1.7138 resistance for a break & re-test setup which occurred. Will be focusing on the long-term long opportunities after a pullback towards 0.7171 with 0.73 - 0.74 as long-term targets. Remember to capitalize on the momentum if buyers...
AU is finally showing signs of breakout after a range bound condition. In yesterday's forecast, I expected AU to re-test the 0.7620 to determine the strength of sellers. As price is breaking above 0.76203 resistance, will be focusing on long-term buying opportunities with 0.77 - 0.78 as targets. There are two setups to be considered, 1. A pullback towards 0.7620...
EU is finally breaking the range continuing it's uptrend. In yesterday's forecast, I expected the market to break above 1.2270, potentially re-test 1.2250 for further upwards momentum due to the higher lows sequence indicating strong buyers. Will be focusing on long-term long opportunities after a retracement with 1.24 - 1.25 as targets, if the breakout is strong,...
GU is currently in a range bound condition after an extended uptrend move. In yesterday's forecast, I expected price to re-test the 1.3480 technical support and begin to shows upwards momentum towards 1.3527. Will be focusing on short-term long opportunities once price violates 1.3527 minor resistance, preferably a break & re-test setup with 1.3575 & 1.3617 as...
UJ is currently in a range bound condition after an extended downtrend move. As per yesterday's forecast, a break above of 103.700 was expected as the squeeze formation aligned, indicated signs of stronger buyers. Will be focusing on short-term long opportunities with 104.700 & 105.600 as targets. Trade safe. Do follow my profile for daily fx forecast.
NU is currently in a range bound condition after an extended uptrend move. Yesterday, market rejected 0.7138 very strongly found found 0.7087 as support zone. Will be remaining neutral bias and wait for a clear reaction at 0.7138 yesterday's high. 1. If the 0.7138 resistance zone is violated, a break & re-test setup could be taken towards 0.7171 daily high 2. If...
AU is currently in a range bound condition after an extended uptrend move. As per yesterday's forecast, a pullback towards 0.7580 was expected. Will be remaining neutral bias today and wait for a clear reaction at 0.7620. If price again rejects 0.7620 yesterday's high, a potential double top setup could be taken back to with 0.7560 & 0.7520 as targets. However, If...
EU is currently in a range bound condition after an extended uptrend move. Yesterday, market rejected 1.2250 resistance impulsively but failed to push further lower, which was a sign of sellers' weakness and buyers strength as they find value at the current price. Will be focusing on short-term long opportunities if price breaks above 1.2250 & 1.2270 for potential...
GU is currently in a range bound condition. As per yesterday's forecast, a pullback towards 1.3480 technical support zone was expected, and price actually smashed through it. Today's Asia session, price is showing signs of strength pushing it back above 1.3480 zone. Will be focusing on short-term long opportunities today with 1.3570 - 1.3614 daily high as target...
UJ is currently in a range bound condition after an extended downtrend. UJ is currently forming a squeeze formation against the 103.700 resistance zone. Currently looking for buying opportunities if the price breaks above the 103.700 resistance zone with 104.700 as target or further. However, if the pivot trendline is broken, we could expect the market to re-test...
On the previous NU forecast, I expected the market to break above 0.7120 resistance zone. NU is currently in a range bound condition. Currently remain neutral bias, waiting for price to react at 0.7171 daily high for a clear double top or a breakout setup. However, do pay attention to the 0.7140 minor resistance too. If NU again rejects the 0.7171 resistance zone,...
AU is currently in a range bound condition after an extended bullish condition. Three main technical levels to pay attention into are 0.7520, 0.7580 & 0.7638. Currently remain neutral bias, until price reacts at 0.7638 to show potential double top setup or a breakout setup. Personally, will avoid taking any position in between the range, however, do not forget...
EU is currently in a range bound condition, on Thursday's (24th) forecast, I expected EU break the flag pattern to continue the bearish sentiment. However, we could see a busted flag pattern forming if the bottom trendline of the flag is violated. Currently looking for long opportunities if price breaks above 1.2270 resistance zone. However, if price again rejects...
As per Thursday (24th) forecast, I expected GU to rally towards 1.3617 daily high to have another rejection. GU is now making clear higher lows & highs towards the 1.3617 daily high, 1.3570 is a minor resistance zone. Ideally, I expect the market to again re-test the 1.3617 resistance to confirm a potential breakout or double top setup, do not forget the overall...
UJ is currently in a range bound condition where the price action is choppy. However, we are beginning to see a squeeze formation with higher lows sequence below the 103.70 resistance zone. Will be looking for short-term long opportunities if the 103.70 resistance is broken, with 104.70 as the primary target. However, if the pivot trendline is broken, we could...