13-17 May 2019

13-17 May Technical Analysis

Authored by Muhd Haniff or better known as Hanzo, official technical analyst at UAGTRADE. This analysis intends to unveil the directional bias for selected intstruments on only technical view based on supply and demand. All information provided is for educational purpose only, not trade calls or investment advice.

Quick Take:-

– EURCHF: As expected in previous analysis, market return at supply zone and drop

– AUDUSD: Still in waiting mode, for the price to come at nearest supply

– EURJPY: Previously price in range, now break the support

– GBPCHF: Looking for reaction at demand area and possible bounce up

– XAUUSD: Price are going down but probably going up again to take order at higher supply zone

Add a Comment

Your email address will not be published. Required fields are marked *