Aerocamel

Aerocamel

AU is still in uptrend . 11Aug , it formed a nice PB following down bar. 12Aug Down move might bring price to 0.755-0.762. 0.755-0.762 is a critical bull/bear Fighting/Flipping zone. if Bull wins, it will head to 0.782xx or further, otherwise expect to dive to 0.747x zone My Plan, Currently a bit late to short, a bit early to long Short upon Bear sign if it...

Aerocamel

GC failed to break out of 1.752- 1.717 Zone and on e way to retrace 1.715x -1.698 Zone. ***1.715x -1.698 Zone is supporting well for last 20 days. Price might go past 1.698 but unlikely since bad news days r over. if go past, it will dive to 1.674-1.667. My plan Wait for re-tracement to 1.715x -1.69xx (at least) to enter long upon bullish signal TP : 1.796x...

Aerocamel

GBPJPY is still in BearZone and Bears are not out of the wood yet :) . Rate cut on 04Aug flavored it further breaking down trend line. To regain bull bias, it has to overcome Range Zone (136.6xx to 141.4xx) which will take a week or two. If 132.9xx lvl hold, it might bounce up back to Ranging Zone. My Strategy, remain sideline until it breaks up 135.6xx (Long)...

Aerocamel

CADJPY is at critical support zone (76.9xx-77.5xx). If break 76.8xx, it might test 75.7xx, 74.8xx,74.0xx,73.5xx (which i hope not) On the flip side, it could retest 78.000-78.5xx zone (high probability) My Strategy, short if break 76.8 (SL- 77.25) and long once break 77.5 (SL 76.75) DYDD though.

Aerocamel

Weekly Closed the week with weaker bullish engulfing bar than GBPJPY signaling a trend change to bull bias. Confirm with next week candle. Daily Friday close formed a pinbar (very bearish) with highest volume for the week which i guess a profit taking event coupled with rate cut possibility from BOE. Looking at the volume and situation last friday, we could...

Aerocamel

Weekly Closed the week with bullish engulfing bar signaling a trend change to bull bias. Confirm with next week candle. Daily Friday close formed a pinbar with highest volume for the week which i guess a profit taking event. Looking at the volume and situation (monitoring Abenomics rumors/news) last friday, we could expect it will retest 104.xx-103.xx zone next...