Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
GET BONUS
55%
from InstaForex
on every deposit
Reply to thread
Page 13 of 13 ... 8 11 12 13
Results 121 to 127 of 127

Thread: Ehis Ab Trading Journal

  1. #121 Collapse Post
    Forex in the blood
    I am:
    ----
     
    Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab's Avatar
    Join Date
    Jul 2020
    Posts
    387
    Accumulated bonus
    31 USD (What is this?)
    Thanks
    480
    Thanked 602 Times in 273 Posts
    SubscribeSubscribe
    Subsribed 2
    SINGAPORE DOLLAR TECHNICAL ANALYSIS


    Recently, the US Dollar has been making cautious progress against ASEAN currencies, including the Singapore Dollar. USD/SGD appears to be consolidating within a Bearish Rectangle, having bounced off the floor which makes for a zone of support between 1.3158 and 1.3215.

    Name: US-Dollar-Breakouts-Seek-Follow-Through-USDSGD-USDPHP-USDTHB-USDIDR_body_Picture_3(2).png Views: 31 Size: 69.8 KB

    That may place the focus on the ceiling, with resistance between 1.3375 and 1.3404. A breakout under the rectangle would expose lows from 2018. On the other hand, a push above the ceiling may place the focus on a falling zone of resistance from June.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. 4 users say Thank You to Ehis Ab for this useful post.

    Codedray (Yesterday), Ezra black (Yesterday), kashifsial (01-03-2021), Latif3193 (Yesterday)

  3. #122 Collapse Post
    Forex in the blood
    I am:
    ----
     
    Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab's Avatar
    Join Date
    Jul 2020
    Posts
    387
    Accumulated bonus
    31 USD (What is this?)
    Thanks
    480
    Thanked 602 Times in 273 Posts
    SubscribeSubscribe
    Subsribed 2
    Good morning friends how are you all doing today I hope all is well?

    Against the Japanese Yen, the New Zealand Dollar turned lower after struggling to push above, speaking rising support from October seems to be guiding NZD/JPY to the upside. In the long run, a potential rising trendline from March 2020 may keep the focus tilted to the upside in the event of near-term losses. Climbing above 78.8630 exposes the April 2018 high at 79.6150 towards the peak from the same year at 81.5680.

    Name: New-Zealand-Dollar-Technical-Forecast-NZDUSD-NZDJPY-NZDCAD-NZDCHF_body_Picture_6.png Views: 26 Size: 78.4 KB

    The New Zealand Dollar struggled to hold a push above 2019 highs against the Canadian Dollar. Since then, NZD/CAD turned lower towards rising support from December. From here, there could be more room to the downside before the pair gets a chance to bounce at that trendline. In the event of deeper losses, a potential rising trendline from March 2020 could reinstate the dominant focus to the upside. Resuming the uptrend entails a push above the February high towards the midpoint of the Fibonacci extension at 0.9353.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. 6 users say Thank You to Ehis Ab for this useful post.

    ARD (Yesterday), B4u (Yesterday), Ezra black (Yesterday), Guestteam (Yesterday), TuneForex (Yesterday), Waqas1007 (Yesterday)

  5. #123 Collapse Post
    Forex in the blood
    I am:
    ----
     
    Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab's Avatar
    Join Date
    Jul 2020
    Posts
    387
    Accumulated bonus
    31 USD (What is this?)
    Thanks
    480
    Thanked 602 Times in 273 Posts
    SubscribeSubscribe
    Subsribed 2
    EUR/USD cracks below its 100-day moving average and trendline support
    EUR/USD D1 02-03

    Name: Screenshot_20210302-134247.png Views: 22 Size: 27.9 KB

    Price hits a session low of 1.2005 and is holding just above the 1.2000 level for now, but sellers are pushing the agenda as they are trying to keep a break below the 100-day moving average (red line) and trendline support in the region of 1.2031-41.

    This is a relatively key test for the pair after a bit of consolidation above 1.2000 to start the year, and a break below the figure level will put the February lows in focus.

    That is seen at 1.1952-58 and a break below that (after having seen the 100-day moving average give way) opens up a slippery slope for price momentum to extend.

    The 200-day moving average (blue line) is only seen @ 1.1807 today.

    There are a couple of things playing out here as the market theme has switched around rather quickly since the start of the year. Let's explore:

    Eurozone vaccine rollout has been slow, US outlook appears much better
    This is one area slowly playing into the dollar's favour and one that is keeping the euro pressured; as the US economy looks set for a stronger, faster rebound than Europe.

    Treasury yields continue to trend higher
    With the ECB stepping in with some verbal threats as of late, the Fed hasn't quite done anything. Add to the fact that Biden's stimulus plan is keeping on track, Treasuries are not out of the deep end just yet despite the rout last week.

    The economic outlook is also part of the story here but in any case, that's another tick in the box for the dollar over the euro if the Fed gives the green light.

    But the Fed put remains in play
    Despite all the tantrum without the taper, the Fed is reaffirming its commitment to lower rates for longer. However, if it allows yields to run higher, I don't quite see this being as much as a relevant factor as policymakers may get bullied into a decision eventually.

    That said, easy money is still at play and the Fed put may yet come back to bite at the market. But as the old adage goes, never fight the bond market.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. 2 users say Thank You to Ehis Ab for this useful post.

    Ezra black (Yesterday), Farnadus007 (Yesterday)

  7. #124 Collapse Post
    Forex in the blood
    I am:
    ----
     
    Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab's Avatar
    Join Date
    Jul 2020
    Posts
    387
    Accumulated bonus
    31 USD (What is this?)
    Thanks
    480
    Thanked 602 Times in 273 Posts
    SubscribeSubscribe
    Subsribed 2
    Sterling keeps steadier after the correction to the upside move last week

    Name: Screenshot_20210302-140803.png Views: 25 Size: 36.5 KB

    Cable has backed off earlier highs closer to 1.4000 as the pound loses a bit of its earlier momentum but is still keeping higher so far today.

    The slight retreat also comes as we see EUR/GBP back off against a test of its 100-hour moving average (red line) and 5.0 retracement level of the swing move higher towards the latter stages of last week @ 0.8636-39.

    For cable, dollar sentiment is also part and parcel of the equation and that is slightly underpinning the pair amid the better risk mood this morning.

    However, for EUR/GBP, it reaffirms that despite the push back lower under 0.8700, sellers (pound buyers) still have more work to do in order to regain the upper hand.

    For now, the key near-term levels highlighted above are proving to a be key impediment to that as the downside push in EUR/GBP stalls.

    If sellers are able to keep below the 200-hour moving average (blue line) @ 0.8650, that will be a welcome sign to try and push the key support highlighted above.

    But break above that and buyers (pound sellers) will still keep some ground in the latest corrective move seen since Thursday last week.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  8. 4 users say Thank You to Ehis Ab for this useful post.

    amiron56 (Yesterday), Farnadus007 (Yesterday), Interlock (Yesterday), shazi12 (Yesterday)

  9. #125 Collapse Post
    Forex in the blood
    I am:
    ----
     
    Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab's Avatar
    Join Date
    Jul 2020
    Posts
    387
    Accumulated bonus
    31 USD (What is this?)
    Thanks
    480
    Thanked 602 Times in 273 Posts
    SubscribeSubscribe
    Subsribed 2
    Gold is down 0.4%, falling to a low of $1,707 earlier in Asian trading

    Name: Screenshot_20210302-153858.png Views: 17 Size: 21.3 KB

    Gold
    A firmer dollar is also part of the story today but the gold outlook has been rather shaky for quite a while now. The break of the November low last week has not helped whatsoever as that leaves little in the way of a push towards $1,700.

    The 61.8 retracement level sits @ $1,689.89 with some swing region support seen closer to $1,670 and that is a key region to watch for gold as the downtrend extends.

    The gold outlook will still ride heavily on the rates story and that hasn't quite moved in the yellow metal's favour as of late. Adding to that is ETF positioning continuing to be trimmed after five months of decline since September.

    Name: Screenshot_20210302-153905.png Views: 16 Size: 35.8 KB

    Gold
    Once again, this to me tells more of the story in gold and it corroborates with the breakdown in the technical picture that we are seeing since the start of the year.

    The drag in gold is also having some spillover impact on other precious metals, with silver also down by nearly 2% today and closing in on key trendline support near $26:

    Name: Screenshot_20210302-153914.png Views: 16 Size: 30.8 KB

    Silver
    Platinum is also down 1% on the day as it extends a fall back below $1,200 and is closing in on Friday's lows around $1,168-74.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. 2 users say Thank You to Ehis Ab for this useful post.

    Farnadus007 (Yesterday), professionaldewangi (Yesterday)

  11. #126 Collapse Post
    Forex in the blood
    I am:
    ----
     
    Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab's Avatar
    Join Date
    Jul 2020
    Posts
    387
    Accumulated bonus
    31 USD (What is this?)
    Thanks
    480
    Thanked 602 Times in 273 Posts
    SubscribeSubscribe
    Subsribed 2
    EUR/USD sellers look to try and seize near-term control
    Despite calmer tones in the market so far in European morning trade, the dollar is still keeping bid as there is still an air of uncertainty ahead of US trading later.

    Name: Screenshot_20210302-191934.png Views: 28 Size: 43.7 KB

    EUR/USD is pushed to fresh session lows @ 1.2123 and is testing trendline support as well as its 200-hour moving average (blue line) @ 1.2127. Hold a break below and sellers will seize near-term control after prior attempts earlier in the week falling short.

    As much as the dollar is keeping firmer so far today, a lot still rides on the overall market sentiment and how the bond market plays out ahead of the weekend.

    US futures are testing the waters by creeping higher but the gains are nothing in comparison to the drop yesterday - not to mention keeping close to flat levels.

    Meanwhile, Treasury yields are still looking fidgety despite keeping a little lower today with 10-year yields hovering around 1.46-48% for the most part.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  12. 4 users say Thank You to Ehis Ab for this useful post.

    Ezra black (Yesterday), Farnadus007 (Yesterday), Sunclock (Yesterday), SweetRose (Today)

  13. #127 Collapse Post
    Forex in the blood
    I am:
    ----
     
    Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab is a name known to all Ehis Ab's Avatar
    Join Date
    Jul 2020
    Posts
    387
    Accumulated bonus
    31 USD (What is this?)
    Thanks
    480
    Thanked 602 Times in 273 Posts
    SubscribeSubscribe
    Subsribed 2
    GOOD DAY FRIENDS....


    USD Commodity currencies lead the charge on the day so far
    The loonie, aussie and kiwi are pressing session highs against the dollar now as we begin European morning trade, with risk trades looking in a better spot today.

    Name: Screenshot_20210303-120134.png Views: 7 Size: 36.7 KB

    Oil is up by nearly 2% to $62.70 while S&P 500 futures are now up 1% on the day.


    This is keeping a better mood in the market, with the greenback pressured slightly as we also see GBP/USD near a test of the 1.4000 handle again.

    Going back to commodity currencies, USD/CAD is making its way lower to 1.2675 after the jump on Thursday/Friday - which came as oil prices dipped and as the dollar strengthened. Notably, the bounce also comes upon a test of its 100-month moving average.

    Name: Screenshot_20210303-120140.png Views: 7 Size: 36.1 KB


    For now though, the pair is making its way lower past the 23.6 retracement level of the rebound as sellers look to try and push price action back to key near-term levels.

    It is a similar story for AUD/USD after having seen price rejected at 0.8000 last week:

    Name: Screenshot_20210303-120145.png Views: 7 Size: 28.6 KB

    thanks for visiting my trading journal

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  14. 3 users say Thank You to Ehis Ab for this useful post.

    ola4real (Today), TheWatcher (Today), Unregistered (1)

Reply to thread
Page 13 of 13 ... 8 11 12 13

Subscribed to this Thread : 1

Open

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts