Price menghampiri resistance kuat dengan momentum bullish yang melemah. Jangkakan price akan membuat rejection dan melemah kembali.
Selepas kenaikan yang besar pada minggu lepas, USDCAD akan membuat correction wave sementara minggu ini sebelum meneruskan kenaikan ke arah 1.33770. Immediate support untuk price membuat correction adalah area 1.32260 dan 1.322400.
Masih lagi dalam bullish channel yang baik dan sekarang testing resistance 1.87510. Sekiranya price berjaya break aras ni, kita jangkakan price akan meneruskan kenaikan sehingga aras 2.0000. Sekiranya price break support 1.85160, price akan terus ke arah downside untuk testing lower trendline/channel.
Pattern USDJPY untuk beberapa minggu lepas kita lihat banyak membuat correction sebelum meneruskan kenaikan. Minggu lepas kita lihat USDJPY sudah membuat satu bullish impulse wave dan berada di zon resistance 112.225 sekarang. Potensi untuk price membuat minor correction sebelum break dan terus testing resistance seterusnya di 114.00.
Price berada dalam keadaan "sideways" dan kini ni key level area critical. Price dah test this areafor the third time dan perlu diperhatikan sama ada price berjaya break ataupun akan stay dalam keadaan sideways. Mana-mana situasi pun boleh mendatangkan set-up trading untuk kita. Watch breakout or reversal.
GOLD minggu lepas telah berjaya sampai ke target support dengan baik. Menjangkakan untuk minggu price akan membuat sedikit correction sebelum meneruskan kejatuhan. Bearish mood masih kuat.
Minggu lepas jangkakan akan break bearish berdasarkan signal double top. Dan price sudah pun break walaupun belum sampai ke target profit 1:1 "double top". Minggu ni saya jangkakan price akan membuat minor correction sebelum meneruskan downside ke arah support 1.30820.
Trend daily masih lagi dalam big correction. So untuk H4, saya lihat ada potensi short term untuk test trendline atau resistance 1.32655. Big movement masih lagi bearish ke arah support 1.26985 dan 1.24830. Boleh trade bergantung kepada style masing-masing.
Gold minggu lepas ada satu penurunan yang agak drastik, potentially new impulse wave ke arah downside. Minggu ini dijangka akan membuat correction/sideways sebelum meneruskan downside. Saya melihat kepada ke arah potensi downside walaupun masih ada kemungkinan price boleh lagi naik ke atas untuk testing resistance weekly. Penting untuk lihat dulu sama corection gold ini.
Biased masih lagi ke arah downtrend. Menjangkakan price akan menuju downside untuk testing support 1.12175. Cari peluang sell sekiranya ada price break fasa sideways.
Trend - Bullish with bigger correction Key Level - Support 1.78675, Resistance 1.84765 Price Action - Price are still contained in bullish channel, with minor bearish channel acting as correction. Bullish trend still intact as long as price do not break key support. Breaking this support might signal otherwise. Trade Ideas - Wait for bullish signal at breaking of...
Trend - Bullish Key Level - Support 0.68485 and 0.67080, Resistance 0.69470 Price Action - Bullish impulse wave in trending market. Trade Ideas - Still following last week forecast. Price continue to go up and still have bullish momentum for the upside. However, it is nearing to the resistance so be careful and ready for take profit.
Trend - Bullish Key Level - Support 0.70408 , Resistance 0.72970 Price Action - Uptrend formation with strong bullish candlesticks Trade Ideas - Wait for pullback in lower timeframe before enter BUY position
Trend - Sideways Key Level - Resistance 1.6000, Support 1.58580 and 1.57620 Price Action- Bearish head and shoulder (H&S) formation. Trade Ideas- Breaking the area 1.59260 will confirm the formation and will be validated if price break the resistance above. Seling when break and take profit before support area 1.58580. If break this level, second take profit will...
Trend - Sideways Key Level - Resistance 0.71400, Support 0.70532 and 0.69370 Price Action - Bearish impulse wave to downside, currently price are in corrective mode. Potential Trade Ideas- Wait for the correction to finish up at level resistance or break support of 0.70532.
Trend - Mildly Bullish Key Level - Support 0.67080 , Resistance 0.69470 Price Action - Accumulation of price at support area. Potential of the end for pullback at higher timeframe. Potential Trade Idea - Wait for the break of the "box" accumulation and ready to long this pair. However if break the support area, we assume price are going lower to test the second support.
Trend - Bearish Key Level - Resistance 1.33530 , Support 1.31820 Price Action - Smaller size of candle at resistance followed by strong bearish candle Potential Trade Ideas - Expecting price to go at resistance level before going downtrend and testing near-term support 1.31820. However, breaking the resistance level might suggest otherwise. Can zoom in into H1...