Technically USDJPY is in the highest area of the Monthly Chart. If the monthly resistance breaks out, there will be a moderate bullish to highest March 2002, but the strong resistance will not be easily and quickly breakout. we can take advantage of this moment to take short-term sell opportunities in USDJPY, a breakout of the support area also possible that...
On Friday the first of April, the Eurozone is scheduled to release core and headline CPI, with the headline figure forecast to be 6.6% (YoY), up from 5.9% (YoY) last month. Hotter inflation prints create a greater sense of urgency within the ECB to stop asset purchases and begin to hike rates. Technically we can see EURGBP Daily is approaching a strong resistance...
On the EURCAD H4 chart, here we can see a bullish potential based on the SNR Chart pattern + stochastic indicator. Technically there are 2 reasons that make this bullish: 1. Several times the price can't breakout the support area. 2. There is a crossover on the stochastic 5 3 3. Historically, when the price touches the support area and a crossover occurs, the...
On the GBPCHF Daily chart, we can see a bullish potential based on the SNR Chart pattern + stochastic indicator. Technically there are 2 reasons that make this bullish: 1. Several times the price was unable to breakout the support area. 2. There is a crossover on the stochastic 5 3 3, historically when the price touches the support area and a crossover occurs, the...
Bearish potential on the UK100 Weekly Timeframe, The price have no power to breakout above the highest resistance area Aug 2019 - Jan 2020. Last month UK100 was bearish to the diagonal trendline support, and returned to the horizontal resistance area. However, at the end of 2021 there was a bearish divergence signal. where the price is bullish but the flat...
Earlier this month XAGUSD had a significant bullish sentiment. Based on the COT Report released today. A total of 54,378 Long contracts, 12,247 Short contracts. Even though there was profit taking of 3,226 contracts, XAGUSD still tends to be bullish until the next resistance.
Since 2021, there have been 7 touches of the support area. The support area is valid if there are at least 2 touches. After the symmetrical triangle pattern failed to retest in the previous analysis, last Friday USDCHF touched the Daily Support area. This is a good opportunity to accumulate USDCHF Long position. There are 3 targets that are very possible for...
PT. Unilever Indonesia Tbk (UNVR) is engaged in the manufacturing, marketing and distribution of consumer goods including soaps, detergents, margarine, dairy based foods, ice cream, cosmetic products, tea based beverages and fruit juice. Even though IDX:UNVR is still in a downtrend, this April IDX:UNVR looks like there is a bullish potential. There are 3 things...
We can see the direction of BTC from the COT sentiment released last week, changes in the interest of big institutions to be balanced between strengthening commitments and weakening BTC commitments. This makes the value of bitcoin itself tends to be sideways. The strengthening of BTCUSD at the beginning of this week was caused by the weakening of the US dollar...
PT. Jasa Marga (Persero) Tbk (JSMR) is an Indonesian State-Owned Enterprises engaged in the toll road service providers and other related business. The analysis is based on sentiment ahead of Eid al-Fitr (Lebaran) which will coincide in May, where usually on Eid al-Fitr, people will return to their hometowns, specifically for land transportation. The survey on...
Japan's national debt is very high, foreign spending is very large. However, the Japanese government has not made strong efforts, the dovsih statement Bank of Japan made the yen weaken. USDJPY Daily Still showing a very strong bullish trend, there is no sign of a reversal yet. The most reasonable scenario is USDJPY may continue to be bullish up to 120.500 - 124.500
Oil price rally makes positive sentiment for Canadian Dollar, If we look at the COT Reports sentiment: CAD, www.cftc.gov non-commercials began to reduce their short positions by 11,180 contracts, overall long positions were much more by 47,406. this will lead to a strengthening sentiment in the CAD. Technically, we can see an ascending triangle pattern on USDCAD...
The increase in world energy prices became the main sentiment for the increase in IDX:PGAS, PGAS is an Indonesian Oil, Natural gas transportation and distribution company. Technically, PGAS Daily formed the Ascending Triangle pattern, we can clearly see support and resistance. If there is a breakout support area, it is likely to be bearish. however, if there is a...
The BoE has raised interest rates by 25bps. But that's not enough to make the bullish sentiment towards GBPUSD going forward. we already know the FED has also raised interest rates by 25 bps. but interest rates are not the only reason when compared to the macro economy, even though inflation is crazy, American fundamentals are still better than British...
Seen on USDMXN D1 chart looks bullish pinbar, there is a possibility that a bullish trend if today's market closes there is a bullish candle after the pinbar candlestick. Then we see from COT reports, MXN currency : non-commercial started adding short positions, while long positions decreased a lot. the impact is the change in MXN sentiment becomes weaker.
SIDO's long position from Q3/2021 to the end of Q1/2022 This year we made a profit of 53%. In the midst of the pandemic, This company is growing very fast. They recorded extraordinary financial reports. www.idx.co.id When the fundamentals align with the technicals it is a very good opportunity. Technically, it's time to take profit! While sentiment and...
The capital increase action by the issuer bank BBYB will be carried out in Q II/2022, which was originally planned to be held in Q I/2022. In the corporate action, the President Director of Bank Neo Commerce Tjandra Gunawan said, BBYB was aiming for fresh funds of IDR 5.000.000.000.000
this is my ETHUSD trading plan, are you also still waiting for breakout?