aiza_belle

aiza_belle Updated 

AUD - recovering soon price action-wise (watch out for US-China possible whipsaw though) EUR - geopolitical risks weighing EUR down; sentiment (www.fxstreet.com) supports it too; 10-year seasonality shows more likelihood of bearish EURAUD this coming June Weekly:

aiza_belle

NZD - bottoming now and currently gaining upwards momentum, possible continuous bounce up to 61.8 fib esp 10-year seasonality for NZDCAD favors it being bullish this coming June CAD - will take some time to clear out the glut in oil inventories (oilprice.com) hence the recent slide, but still must be careful to prevent getting whipsawed. Expecting oil to drop @55...

aiza_belle Updated 

There's possibility that GBPAUD can still climb up to 1.90 in general, but since it's already end of the week and overall GBP is overbought and AUD is oversold, I've set a short stop order to ride the possible correction soon. www.fxstreet.com Daily: Weekly: Confidence: C (GBP still has a strong bullish momentum, and prone to whipsaws, similar to JPY...

aiza_belle Updated 

My initial buy stop was hit (expecting it to go further down near 1.124 first and bounce up from there). Will most likely manually close this tomorrow before the refinancing and ECB monetary policy news, and will re-enter again afterwards. TP is near 1.138 and SL conservatively set @1.128 (100 fib). tradinggaminginfofun.blogspot.com Daily: Weekly: ...

aiza_belle Updated 

This pair is about to reach its current resistance 1.012. Getting ready for possible reversal in case USD index reverses down too and doesn't rise all the way to 100. Shorting this pair @1.005 or near it (depending on how price action plays out later) after Powell's speech later (so far I'm bearish in USD overall). Initial TP is @0.9985-1.00 and SL...

aiza_belle Updated 

Setting up buy stop order @83.419 with TP @84 (61.8 fib line) and SL @83 to take advantage of recovering oil and recent weaker JPY. Daily: Weekly: Confidence: A (need to monitor or close this position before the preliminary GDP news for JPY on Thursday)

aiza_belle Updated 

Similar to EURCHF, buying this pair with a conservative SL @0.675 and TP near 0.69. Daily: Weekly: Confidence: B (unlike with EURCHF which is riskier, this one I'm a little more confident despite the current price action shying away from my entry point because of strong macroeconomic fundamentals in NZD as mentioned in my blog).

aiza_belle Updated 

With most AUD pairs seem to have reached key support levels and about to reverse up, and EUR going ranging, riding a possible immediate consolidation for this pair. Setting up sell stop order with 1st TP @1.56210 (38.2% fib), and possible to trail this until 2nd TP (0% fib) by next week, and hard SL @1.58 (few pips above its current high/past the 100% fib...

aiza_belle Updated 

Just playing out the possible consolidation on the US dollar soon (with Fed rate hike already priced in and divergence seen on RSI in the weekly DXY chart, not to mentioned the possible dovishness of the Fed by 2019). Also just riding the recent ranging movement of this pair. Setting sell stop order with TP @20-20.1 (-38.2 to -61.8 fib levels) and SL @20.58...

aiza_belle Updated 

Still have bearish bias overall on S&P, and unlike JPY, CHF isn't much affected with market pricing in the possibility of another Fed rate hike this December. Setting up buy stop order few pips above the base pivot level in the daily chart (@114), with TP near 115 (100 fib level) and SL @113.45 (few pips below 0 fib level). Daily: Weekly: Confidence: B...

aiza_belle Updated 

Though USD in general has room to go up while market continues to price in the possibility of another rate hike this December, and there's also uncertainty whether OPEC will agree to reduce oil production on December 6, from a technical analysis standpoint, it's highly likely for this pair to reverse soon after hitting (or almost reaching) its 2018 high near 1.34....

aiza_belle Updated 

Recent dovish tone of ECB President Draghi and last week's disappointing PMI continue to push EUR pairs down in general, while CHF will gain traction as long as equities remain bearish. Continue shorting this pair but must watch for signs of reversal near 1.125 (prev. pd 100 fib level in hourly chart). Next TP is @1.12 (61.8 fib level both in weekly and daily...

aiza_belle Updated 

Shooting star formed in the hourly chart might be confirming a double-top formation in the weekly chart. Considering how this pair is near its 2018 high, DXY becoming overbought overall, and talks between Russia and Saudi Arabia to reduce oil production by December, I'm highly bearish for this pair. Setting up short stop order with 1st TP @1.315 (100% fib...

aiza_belle Updated 

Assuming S&P continues to rally from time to time and stays above 2700 (instead of plunging down again to 2500 level), still safe to be bearish on CHF and JPY. Riding the bullish momentum of NZD again driven by its strong economic data, and buying this pair again with TP near 0.69462 weekly resistance (up to 0.70 psychological resistance), and SL/trailing SL near...

aiza_belle Updated 

The recent political risks surrounding Brexit, such as the suggested rerun of Brexit election and other instability in the UK government, and the continued downtrend of GBPUSD since April this year and USD strength in general, give me an overall bias for this pair despite its recent rally. Setting up sell stop order few pips below 1.30, with TP @1.265 - 1.27 and...

aiza_belle

Based on price action in the weekly chart and DXY possibly edging higher to 100, it might still take more time before gold recovers. Most likely it will continue to go sideways. Entering sell stop order few pips below @1200 to continue riding bearish momentum of XAUUSD and take advantage of stronger dollar, with TP between @1180 - 1185, and SL near its recent...

aiza_belle Updated 

Entered a little late, but riding the bearish momentum between now and US crude oil news tomorrow (and might re-enter again afterwards). Setting up a short stop order few pips below the 0 fib line, with 1st TP @65.57 (previous 100 fib level in weekly chart, and R2 pivot line in the daily chart). Most likely will add a trailing SL and adjust TP between 60-65 if...

aiza_belle

Though it seems like it's now forming a double bottom in the hourly chart (and I also have bullish bias in AUD overall, especially since it has been oversold for some time now), AUDUSD already broke the 2017 low (0.70500) and if this pair breaks past 0.70468 (-38.2 fib level in the weekly chart), I'm expecting it to go down further near 2016 low at 0.68489 (-61.8...