Silver continuous contract approaching near resistance zone . Trading in 14.80-14.38 range major move expected only above this level and till trade using inside zone pattern with tight sl.
As per fundamental basis key events like US CPI and Retails sales data will released and assumption is it will remain below forecast. This will bring US Dollar index to bring down. As chart suggests pair took support around 112.20-112.30 levels just trend line support forming triangle pattern. If this level breaks price can find support near 112.00-111.70 level. ...
As Per The Daily Chart Time Frame FX:GBPUSD Where GBPUSD Can Be Heading After Brexit is: -> Strong Support At 1.2700 Level -> Strong Resistance Downward Trend line ->Breakout above Trend line Will Be Bullish For Pound ->Descending Triangle Formation Breakout below 1.2700 will lead to another 400-500 Pips Downward. Which Will Good Opportunity For...
Keppel Corp stock closed below previous swing low of month of July 18- August 18 New price range trending downside open till 5.90-5.70. Now 6.21 act as resistance
Revenue Group Bhd Stock taking support from lower trend line support. Any day consecutive close below 3.320 violates support level of trend line can test 1.220 otherwise above 1.380 can bring strength and momentum till 1.44
Stock Wilmar international trading in tight channel range from 3.00 to 3.30. As per price pattern and candlestick analysis stock can side further to test level of 3.00 where lower end of channel act as support . Closing below 3.00 with volume can open down side in stock.
Tiger Synergy Berhad stock on daily chart looks to be forming flag pattern. After sharp rise from level of 0.045 to 0.100 it consolidating around upper part with forming flag like pattern. Today it gives breaks out a above flag with good volume participation. we can anticipate it can rise up to 0.110-0.120 with support below 0.080
After G20 meeting and outcomes related to pause of trade war between US and China brings Dollar index to cool down from High level. Technically Gold future continuous contract breakout from falling wedge pattern and to consider this breakout and price forecast it can rise up to $1261-$1266. Now $1222-$1224 act as support.
AUDUSD pair trending in upwards direction with taking support at the middle MA of band. Gap up opening and follow through buying above this suggest short seller trap in this pair can further rise up to level 0.7430-0.7450.
OANDA:EURUSD What I think Is in Consolidation Phase And Breakout Chances In Upcoming Days Pattern Recognised 1)Triangle Pattern 2)Support Line: Uptrend On Daily Charts A breakout above 1.1420 (50-MA) Will be Triangle Pattern Breakout and Strong Support Breakout above 1.1465 will to lead to uptrend till 1.1725
Singtel stock after breaking upward sloping trend line retest it and falling from that level. To continue bullish stance stock need to close above 3.12. Else below 3.05 can slide further to test previous low where new possible down move as per volume depends.
Capitalmall Trust stock traded in SGX trading at higher level consolidating near high after breaking from range of last two months. If stock retrace some gains and pullback to moving averages can be good opportunity to enter in trade around 2.20 level with 2.15 as support with price 2.30-2.40
On Daily chart it is visible that pair forming inverted head and shoulder like pattern. If price breakout from neckline it can rise up to level 1.1470. Pair taking Support at 1.1320 and facing Resistance 1.1430 if this level taken out the sharp rise in price possible till 1.1470-1.1500.
Telekom Malaysia Bhd up move expected. stock form higher high and breaks above resistance level of 2.47.Long position should be initiated with price TGT 2.70-2.90. on false move keep closing position below 2.35.
After Weak earning stock fall sharply and made low around 2.60.To consider downtrend is over stock have to close and trade above Level of 2.72. All major Exponential Moving Averages are still pointing downwards. Fresh Down ward momentum picks up when stocks close below 2.60 and open downward trajectory till 2.50
As Per My Views On HSI:HSI : Patterns On Day Chart: 1.Support From Upward Trend line 2.Head And Shoulder Pattern 3.Strong Horizontal Support At 27200 Breakout above 26940 on daily charts will be bullish for hang Seng index traders can go long above that with target of 28400 with stop of 26570
Stock Astro Malaysia Holdings (6399) from last couple of months trading in falling channel. Major trend changes if break and trade above 1.25.
As per chart counter trading in price range 1.22-1.30. as per price pattern trading sideways in narrow range. Bullish Above 1.30 Bearish Below 1.22