1st-5th July 2019

1st-5th July 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 instruments 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:-

  • EURUSD: In order for price to become valid for sell, it need to break the nearest support, so currently more biased for bullish movement as channel already broken.
  • EURGBP: Price in compression phase, moving upwards and broke the resistance, EURGBP continue its uptrend
  • EURCHF: Formation of support become resistance, high possibility for the price to continue go down
  • GBPUSD: Still holding on previous thought, two nearby resistance zone for possible selling on retracement
  • CHFJPY: Resistance broken, formation of resistance become support as price went upward, but nearing a support zone, looking for price action for rejection or breakout
  • GBPJPY: Price is in channel, looking for rally base drop as GBPJPY is nearing the resistance zone
  • USDCHF: Price can still be moving down, waiting for breakout for confirmation
  • NZDJPY: Nearest resistance broken forming a new high, waiting for pullback for buy entry
  • EURNZD: EURNZD already at the support zone,in wait and see mode for rejection or breakout
24th-28th June 2019

24th-28th 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 instruments 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:-

  • EURUSD: Price was not able to to break the previous mentioned breakout and bounce upward, waiting for pullback to the nearest zone for entry
  • EURGBP: Expected the price to go down, for swing low, two further support need to be broken
  • EURCHF: The price already at the previous targeted area, currently in wait and see mode for any retracement or breakout
  • GBPUSD: No definite signal yet, the nearest resistance level can be either broken or reject as no clear reaction yet
  • CHFJPY: Price in resistance zone, wait for rejection for sell or breakout for buy
  • GBPJPY: Safe entry is at the upper base, head and shoulder may be formed
  • USDCHF: Price reacted as predicted previously, already reaching nearest base, a suport for take profit area
  • USDJPY: Expecting price to go up at the previous resistance area for selling on retracement
  • EURNZD: Possible swing entry formation formed, unless broken, it is only for retracement
Grand Opening Ceremony 2019

17th-21st June Technical Analysis

We are pleased to invite you to our Grand Opening Ceremony in Malaysia in conjunction with:-

  • Business Center Inauguration
  • 5-years Anniversary
  • Eid-Ul-Fitr Celebration.

Kindly register here in order to participate: Registration Form

=====================================================================================================================================================================================================

Authored by Muhd Haniff or better known as Hanzo, official technical analyst at UAGTRADE. This analysis intends to unveil the directional bias for selected instruments 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:-

  • EURUSD: Double top formation occured and the price went down, waiting for pullback to the nearest zone for reentry
  • EURGBP: Price is moving up, currently at the cluster of price resistance become support, expected to rise more, hold on buy
  • EURCHF: Still in downtrend, looking for a new breakout at the nearest base 
  • GBPUSD: No breakout at the resistance zone, overall still downtrend and hold on to sell 
  • CHFJPY: Currently holding on to bearish bias, for re-entry, look for pullback
  • GBPJPY: Wait and see mode, as price is at the nearest base, look for breakout or rejection
  • USDCHF: Waiting for formation of bearish price action that give signal for sell or not
  • NZDJPY: Expecting the price to go upward first to the nearest support become resistance level, as major is still downtrend
 
10th-14th June 2019

10th-14th June 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:-

  • EURUSD: Price at the interest zone at support become resistance level, looking for bearish reaction for selling position
  • EURGBP: No bearish engulfing formation, but upside breakout occur at the nearest resistance zone, waiting for bit of pullback before continuing upward movement
  • EURCHF: Still holding on to the previous downward movement, price continuing bearish, possibility for reentry at retracement
  • GBPUSD: No change still, keeping an eye for bearish action as previous analysis
  • CHFJPY: Buy is optional as it is risky, structure still downtrend
3rd-7th June 2019

3rd-7th June 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:-

  • XAUUSD: Quite risky for sell currently, price broken first resistance however in wait and see mode for clear structure breakout in second resistance zone for buy signal
  • USDCHF: Price expected to continue further down from both the entry zone, for reentry wait for pullback
  • EURGBP: No valid base formed for downside formation, instead keep going up, however price is in decision zone
  • EURCHF: Previous marked zone for sell missed by 3 pips, looking for bounce up before going lower
  • GBPUSD: No changes, still stick to previous marked zone good for entry