TraderNeoh

TraderNeoh

NU is currently in a range bound condition with 0.7065 as the nearest support, 0.7115 as the nearest resistance zone. Will looking for long opportunities if the 0.7115 resistance is clearly breached with the daily high (0.7171) as primary target. However, if price failed the resistance, we could expect some short-term bearish momentum back to 0.7065 -...

TraderNeoh

AU is currently in a range bound condition. As per yesterday's forecast, I expected AU to rotates back to 0.7583 resistance zone. Currently will be watching the 0.7636 resistance closely. Avoid having any breakout setups unless the 0.7636 resistance zone is clearly breached. Looking for rotational setups back to 0.7520 technical support. Trade safe. Do follow my...

TraderNeoh

As per yesterday's forecast, EU is in a range bound condition showing signs of lower highs with 1.2170 as the nearest support. On the 1h, EU is currently having a flag formation (correction pattern), if the pattern is broken downwards we could expect the market to re-test 1.2070 technical support, if price is showing bullish signals breaking recent swing highs,...

TraderNeoh

GU had breached the 1.3450 minor resistance and currently having some bullish momentum. Avoiding entering now as it's in the middle of the 1.3470 - 1.3617 range. If you're conservative, wait for a pullback towards 1.3450 - 1.3470 for long opportunities if the recent swing high (1.3533) holds with 1.3617 daily high as target. If you're aggressive, wait for a...

TraderNeoh

UJ is currently in a bearish trend. However, I expected a reversal coming up as per yesterday's forecast as UJ failed to break through 103.000 support zone. A squeeze formation with higher lowers sequence is beginning to form with 103.680 as the minor resistance, a sign of sellers' weakness. Will be mainly focusing on reversal setup today for price to breaks...

TraderNeoh

NU is currently in a ranging condition. As per yesterday's forecast, I expected NU to rotate back towards 0.7012 support zone due to the over-extended condition. 0.7060 zone serves as the mid range & minor resistance. Will be focusing on short-term short opportunities back to 0.7012 or lower. Trade safe.

TraderNeoh

AU is currently in a ranging condition. As per yesterday's forecast, a mean reversion setup was predicted towards 0.7515 as the market is over-extended. Personally, will avoid any breakout setups unless there's a clear upwards breakout of 0.7636 resistance zone. However, we are beginning to see some lower highs sequence formed, will be focusing on short...

TraderNeoh

EU is currently in a ranging condition as per yesterday's forecast. Personally, will avoid any breakout setups unless there's a clear upwards breakout of 1.2270 resistance zone. Price is rotating between 1.2070 - 1.2270, however, clear lower highs sequence is beginning to form. Will be focusing on short-term short opportunities today back to 1.2070 support...

TraderNeoh

GU is currently in a ranging condition as per yesterday's forecast. Personally, will avoid any breakout setups unless there's a clear upwards breakout of 1.35 resistance zone. We could expect some ranging condition today between 1.3176 - 1.35, 1.33 serves as the mid range where price could just rotate around that zone. However, will be focusing more on short-term...

TraderNeoh

As per previous day's forecast, I expected the market to begin showing some bullish signs pushing through 103.680 resistance, and potentially re-visit 104.680. A great lesson from yesterday, was to not blindly trade the candlestick pattern especially if it's happening within a range, it's usually where big players and institutions looking to trap the retail...

TraderNeoh

As per previous day forecast, I expected NU to have a major pullback towards 0.7012 due to the over-extended market condition. Yesterday NU had a strong bearish momentum towards 0.7012, followed with a strong bounce back to 0.7115 resistance. Unless the there's a clear breakout of 0.7115 resistance, personally, I am not expecting a breakout today, and will be...

TraderNeoh

As per previous day forecast, AU had a major pullback towards 0.7515 support zone, followed a strong bounce back to 0.7583. Yesterday AU daily candle closed as a strong bullish doji, when the daily candle closes so bullish and obvious, you must always be aware of the crowds. Personally, I do not expect a breakout of 0.7636 resistance today, and will be mainly...

TraderNeoh

As per yesterday's forecast, I expected EU to have some pullback towards 1.2170 support zone before the continuation. When the market is having such a huge consolidation/ correction, we need to see a clear breakout to have a sensible place to measure our risk-to-reward. Today will be mainly focusing on the long opportunities ONLY if price breaks through 1.2270...

TraderNeoh

As per yesterday's (21th Dec) forecast, I expected GU perform some major pullback towards 1.3290 - 1.3170 before some continuation could happen, as the market was over-extended. Yesterday GU had a opening gap of 130+ pips (bearish), with a daily range of approximately 340 pips towards 1.31874 (daily low), followed with a strong bounce back to 1.35 (daily high),...

TraderNeoh

UJ has been in a long-term downtrend post-Covid. UJ had a bearish doji candlestick in the last 4h candle. Avoid shorting the market based on such candlestick pattern in the middle of choppy range, as it is most likely where big players or institutions looking to trap majority of the retail traders. Currently looking for price to have a clear directional bias,...

TraderNeoh

NU has been in a strong uptrend, however, as per Friday's forecast (18th Dec) short-term bearish momentum is expected as the market was over-extended. Currently looking for short-term short opportunities after some pullback with 0.7060 & 0.7012 as targets before potential bullish momentum steps in (Do not forget that the overall direction is up). Trade safe.

TraderNeoh

AU has been in a strong uptrend, however, on the Friday's forecast (18th Dec) a short-term pullback is expected as the market was over-extended (crowds disregarding the price). AU recently broke a consolidation and continuation is expected. Currently looking for long opportunities if AU rejects the 0.7575 support zone, if price pierces through the support zone,...

TraderNeoh

As per Friday's (18th Dec) forecast, I expected EU to perform some pullback for further bullish continuation. If the bullish trend is healthy, market should re-test the 1.2170 support before the further upwards momentum. However, if the 1.2170 support zone is being violated, a short-term bearish setup towards 1.2070 is expected. Currently looking for long...