minyangshi9409

minyangshi9409

Voting Brexit is in this week,a big week to sterling, deciding the destiny of Britain. It's likely that May will lose the voting again and postponing Brexit is naturally to no-deal Brexit. Sterling is suppressed by this huge uncertainty and strong resistance at 1.3035. There's existing arguments that the correction is temperate and the down trend is continue....

minyangshi9409 Updated 

EUR/USD’s continuous decline has clearly indicates the recovery from 1.1235 has completed at 1.1515 already. It's suppressed by 1.1320 and bias is cautiously back on the downside for 1.1270 support first, the 78.6% retracement of 1.1420 to 1.1235. Further decline should be seen to 1.1235. On the upside, though, break of 1.1320 will turn focus back to 1.1345 and...

minyangshi9409 Updated 

NZDJPY is suppressed by the resistance at 75.55. The decline should confirm that the completion of the forth wave. And it'll test the support at 75.5, the 38.2% retracement of 76.55 to 73.85. Further decline should be seen to 75.00. Upside, though, break of 76.10 will turn focus back to 76.55 resistance instead. The target is 75.00. Turning point: 76.10. Under...

minyangshi9409

After weak GDP Q4 data released today, AUD/USD’s sharp decline has indicated that recovery from 0.7054 has completed at 0.7206 already. Intraday bias is cautiously back on the downside for 0.7054 support first. Decisive break there will complete a head and shoulder term pattern (ls: 0.7235, h: 0.7295, rs: 0.7206). That should confirm completion of rebound from...

minyangshi9409 Updated 

Sterling is suppressed by the down-trend line and broke out the key support at 1.3225.That should confirm completion of rebound from 1.2775. At once it breaks out the support at 1.3050, further decline should be seen to 50% retracement of 1.2775 to 1.3350 at 1.3060 next. On the upside, though, break of 1.3225 will turn focus back to 1.3285 resistance instead....

minyangshi9409 Updated 

EUR/USD’s decline today suggests that recovery from 1.1235 has completed at 1.1515 already. Intraday bias is cautiously back on the downside for 1.1335 support first. Decisive break there will complete a head and shoulder term pattern (ls: 1.1400, h: 1.1420, rs: 1.1410). That should confirm completion of rebound from 1.1235. Further decline should be seen to 78.6%...

minyangshi9409

USDJPY is testing the key resistance at 112.00. However, Bollinger Band is tightening, releasing the reversing signal. If it breaks out the key support at 111.65, the second top was confirmed. That should confirm the rebound from 110.35 is paused and decline is coming soon. It'll test 110.05 first and 110.60 next. Further decline should be seen to 110.28, the...

minyangshi9409 Updated 

Euro dropped sharply coz of outstanding USA GDP's Q4 data, which makes it failed to break out 1.1400 and reversed the uptrend. Currently, it's fluctuating between 1.1355 and 1.1375, the 38.2% and 50% retracement of 1.1235 to 1.1515. It's suppressed by the resistance at 1.1395. If it dropped to 1.1355, that should confirm the completion the rebound. Further decline...

minyangshi9409 Updated 

Euro is supported by the up-trend line and stood stably at 1.3400. However, it has failed to break out the resistance at 1.3650 several times. If it breaks out the resistance, it should confirm re-start of rebound from 1.1235. Further rise should seen to 1.1385 and 61.8% retracement of 1.1235 to 1.1515 at 1.1410 next. Otherwise, it fails to break out the...

minyangshi9409 Updated 

Euro is supported by the up-trend line and testing 1.1375, the 50% retracement of 1.1235 to 1.1515. If it stood stably above 1.1365, the re-start of rebound from 1.1235 will continue today. Further rise should seen to 1.1415 and 1.1435 next. Otherwise, it breaks out the support and drops under 1.1365, it'll turn focus back to 1.1345 and 1.1325 support instead....

minyangshi9409

USDJPY is suppressed by the down-trend line and the resistance at 110.60. The sharp decline should confirm that the second head and it'll test the support at 110.25, the 61.8% retracement of 111.23 to 109.60. Further decline should be seen to 109.95. Upside, though, break of 110.60 will turn focus back to 110.85 and 111.05 resisitance instead. The target is...

minyangshi9409

EURJPY is suppressed by the resistance at 125.70 and the down-trend line from 126.30. That should confirm that it will test the support at 125.35, the 50% retracement of 126.30 to 124.25. Further decline should seen to 125.35 and 125.00 next. Upside, though, break of 125.70 will turn focus back to 126.00 resistance instead. The target is 125.00. Turning point:...

minyangshi9409

Canadian dollar is suppressed by the pumping price of crude oil. Additionally, the governor Poloz indicated he was in no rush to resume monetary tightening, saying that while interest rates needed to move up into a neutral range over time the path back was now “highly uncertain.” His tone is more dovish than market expects, which suppresses Canadian dollar. It's...

minyangshi9409

Gold broke out the down-trend line. However, it failed to break out the 38.2% retracement of 1302.70 to 1346.85 at 1330, the re-start of rebound from 1321 isn't very clear. If it stood stably on 1324.50, further rise should seen to 1333 and 1335 next. Otherwise, it breaks out the support and drops under 1324.50, it'll turn focus back to 1321 and 1317 support...

minyangshi9409 Updated 

The recovery from 0.9320 is continue. Intraday bias is cautiously back on the downside for 0.9425 support first. It's still in the up-trend channel, further rise should be seen to 78.6% retracement of 0.9320 to 0.9490 at 0.9455 next. 0.9470 is the next resistance and it'll test 0.9500. On the downside, though, break of 0.9425 will turn focus back to 0.9405 and...

minyangshi9409 Updated 

EURAUD broke out the down-trend line and is strongly supported by 1.5820. That should confirm the rise trend is continue and will test the strong resistance at 1.5915, the 38.2% retracement of 1.6020 to 1.5750. However, if it fails to break out 1.5915 again, the pattern will be confirmed that the rebound from 1.6020 re-starts. Further decline should seen to 1.5820...

minyangshi9409 Updated 

USDJPY is suppressed by the resistance at 110.85. That should confirm that it's forming the left shoulder and will test the support at 110.60, the 38.2% retracement of 110.25 to 111.20. Further decline should seen to 110.45. Upside, though, break of 110.85 will turn focus back to 111.05 resistance instead. The target is 110.45. Turning point: 110.85. Under...

minyangshi9409 Updated 

Euro succeeded to break out the triangle pattern coz USA-Sino trading negotiation has a good result then US dollar is dropping . That should confirm re-start of rebound from 1.1235. Further increasing should be seen to 61.8% retracement of 1.1235 to 1.1515 at 1.1410 next. On the downside, though, break of 1.1320 will turn focus back to 1.1310 support instead....