Zheng He / Blog
Minor support level found on this pair at 0.93273. Notice the strong buying at this point reaching as high as 0.93520. Now it is on its slow decent back down to its original level. More and more buyers are closing out their trades, but it appears that's all...
I had my sights set on the 19.11 entry for XAGUSD for quite some time now. In fact, I've been stressing this fall for quite some time now. If you don't want to wait for that reversal entry, you may actually take the other side of the trade. XAGUSD is not looking optimistic anymore...
USDJPY is making January highs as it hit 104.273 just three days earlier. It looks like the selling has begun with two days of selling after the doji. Take a look below...
Almost a week ago, just less a day, I focused on two pairs. USDCHF and USDCAD were relatively overbought and the recommendation was to sell. Last week, the entry point for USDCHF was at 0.91129 and for USDCAD was at 1.09441. Starting with USDCHF, the current price is 0.91476...
The NZDUSD sell signal generated earlier based on the upswing pull back and hitting hitting the simple moving average was overestimated. Currently, it is down 46 pips and a second sell order has also been put in place just below what we thought to be a resistance level...
There’s not much action going on with NZDUSD so this will just be a quick post. It’s pretty much confirmed this pair will go in one direction only and that is down. The last few posts I’ve made on this pair showed a break below support and breakout of a wedge or ascending trend-line...
There's really not much to tell for EURUSD's short term price movements. It fluctuates up and down, but eventually just about always comes to another crashing fall. Speaking of the short term, the trade should be pretty clear - sell...
I made an earlier post on the NZDUSD pair stating the possibility of this pair rebounding from a support and established a very specific set of conditions for that possibility. It looks like NZDUSD is really going nowhere, but down! First off, the daily chart is what we will look at...
Been posting quite a few sell setups so I thought I might switch over to a pair worth buying into. USDJPY has been consolidating since last year actually. The day over day movement has been dying down, but we're seeing a pick up...