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- rikusks replied Jun 9, 2014
Shorted @ 1.3660 on post ECB's decision. Has ECB done more than what they should in terms of monetary policy? Take a good look at Monday's opening tells us of the impact of post ECB's movement. At the end of the day, I still believe EURUSD is poised ...
- rikusks replied Jun 23, 2013
Whenever there's bear engulf pattern forming in weekly view, the next week is high likely be strong bear as well. Given this view, I believe that in the longer run, the GBPUSD probably will be head south once again, looking to 1.5000 as key support ...
- rikusks replied Jun 23, 2013
I am expecting the EURUSD to continue it's downtrend movement till 1.3000 or lower. Reason being is because of last week weekly closing coincide with the 200SMAs level. On top of that, it hits daily H&S trendline. Therefore, I would see a long-term ...
- rikusks replied Jun 9, 2013
BULL force continues to take place last week and breaking up near 1.5680 before heading back to 1.5550. With this, we confirmed that bull force are stronger than before (also than expected). However, we may want to take note that the fact that ...
- rikusks replied Jun 9, 2013
Yes, I'm ALL FOR IT too! China Trade Balance shows lesser import, CPI and PPI was worst than expected, Fixed Asset Investment fell and Industrial Production 0.1% lower than previous month. With such a poor data on hand, I'm expecting the AUDUSD to ...
- rikusks replied Jun 9, 2013
The Euro has done his job well as anti-dollar, given that U.S is not performing as well as it has preached or assumed to be. As of now, we still can't really determine how bearish or bullish is the EURUSD in the long run. Both EU & U.S aren't really ...
- rikusks replied Jun 3, 2013
Well I do see the bear force coming into place. Nevertheless, I still believe that 0.9500 is a key support area for the USDCHF. Please find the attached my analysis though and please feel free to comment on them too at ...
- rikusks replied Jun 3, 2013
Last week, I shorted the USDCAD at 1.0400 and the mistake made was the SL was put too low. Should have placed it +20 pips of previous high resistance, ended up burning up on fingers. Similarly, I still maintain a bearish view on the USDCAD, and ...
- rikusks replied Jun 3, 2013
The Monthly closing for NZDUSD hit the trendline and the month of June will determine for us where this pair will be heading in the near future. As of now, I maintain a bearish view on this pair given that the bear force is still strong after ...
- rikusks replied Jun 2, 2013
Hm, last week closing was indeed higher than last last week after trying to break past 1.5000 level. Note that the 1.5000 doesn't seem an easy task to break through just like that, unless there is fundamental news that may bring a new force of ...
- rikusks replied Jun 2, 2013
Just two cent opinion of mine, to me i still see major trend still shows downtrend, although there is a potential inverse head and shoulder to be form in weekly chart. This shall be In a continue look-out for me. As we see so far, the ECB has just ...
- rikusks replied Jun 2, 2013
Yes I am agreeing this with you, on a cautious note though. The Monthly view of the AUDUSD is indeed shocking as the AUDUSD lost -7.72% in the month of May 2013 as compared to -6.75% in the month of May 2012. For the first time, we see AUDUSD break ...
- rikusks replied May 27, 2013
Just a two cent worth of opinion of mine on the USDCAD pair In major trend, the USDCAD is set for upward movement in longer term. However, as of now, I do view this pair as a trading range of 1.0050 to 1.0400, of which now the bear force seems to be ...
- rikusks replied May 27, 2013
Just a two cent worth of opinion of mine on the USDCHF pair In major trend, the USDCHF seems to be heading north (provided that this pair able to break through the 200SMAs and allowed 100SMAs crosses 200SMAs too. Although we seen that this pair has ...
- rikusks replied May 27, 2013
Just a two cent worth of opinion of mine on the EU pair The market was bearish at the start of the week followed by bullish at the closing period.However, I still remained bearish on the EURUSD pair. Given that on weekly shows no crossing of 100SMAs ...
- rikusks replied May 27, 2013
Just a two cent opinion of mine on the NU pairs On the major trend, the NZDUSD broke past its 100SMAs (significant movement) and seems to be on the way of a reversal movement. Daily & H4 definitely shows of a downtrend movement. The question is ...
- rikusks replied May 27, 2013
Just a two cent opinion of mine on the AUDUSD pair. Although major trend has shown a breakout of previous support level is possible now, but short term wise, we are looking at potential reversal to at least 0.9900 level. Noted that the AUDUSD has ...
- rikusks replied May 27, 2013
Just a two cent opinion of mine.. The GBPUSD continues to close lower for the 3rd week, suggesting that bear force are still in place. However, we saw potential bullish force forming back at the start and end of the week. This is something we have ...
- rikusks replied May 19, 2013
Seems like USDCHF is heading north with weak bull force. I am expecting max of the USDCHF 0.9910 level. Given that, this pair struggled to breakout from 0.9750 level. Probably short term this pair will head south alittle, but long term would expect ...
- rikusks replied May 19, 2013
I am only expecting the EURUSD pair to go max below 1.3000 level. The breakout from 1.3020 is a strong indication of how the dollar is performing I would say. In addition, we saw potential H&S pattern forming (in daily chart) and dbl top breakout ...