TunkuLuqman

TunkuLuqman Updated 

SHORT TERM Gold now become very risky to trade. But for the short term movement, the bullish now take over the battle. I will find a buy setup around 1459.900 and TP around 1480. Dont hold position too long for gold until we see a clear trend and a clear trade deal decision. For now it might be overwhelming. BUY OPPORTUNITY : 1459.900 TP : 1480.000 LONG...

TunkuLuqman Updated 

If the support line at 1.29200 hold strong by bull, I think GBPUSD will go to 1.29600, Lets buy GBPUSD.

TunkuLuqman

AUD soared because of Chinese data beat expectations with Caixin reporting unexpected strength in China’s manufacturing sector last month. But Australian data is weak on a fundamental basis. There’s been more weakness than strength in Australia and China’s economies since the last Reserve Bank meeting. So for RBA, the monetary policy announcement expect to push...

TunkuLuqman Updated 

EURUSD finally bounced at trendline and rejected to go lower at support area 1.10080. If this is really a true rejection, we will see bull market will test 1.10500 .

TunkuLuqman

For those who trade the AUD, for sure you will waiting for RBA Interest Rate Desicion that i believe will move the AUD. This time, i believe no changes are expected. Economy outlook for Australia remain the same but it might change depends on another data such as Q3 GDP, PMIs, retail sales and trade numbers that also scheduled for release. If investors respond to...

TunkuLuqman

EURGBP shown a very good bearish structure which i believe will stop at the weekly support around 0.84800 ~ 0.84900. If the switch or trend reversal will happens, we will see strong bullish movement. Any consolidation around that level also will be consider as trend will reversal which means buyer hold tight that level. I will find a buy setup if bullish movement...

TunkuLuqman

As we known that US Dollar ends november strong. The greenback traded higher against all of the major currencies. U.S. stocks also hit fresh record highs in November. So for USDCAD, i think the big movement will support by BoC Interest Rate Desicion or Nonfarm Payroll that will announce this coming week. Buy opportunity : 1.32700 Target 1 : 1.33500 Target 2 : 1.33800

TunkuLuqman

USOIL shown a very strong bearish movement after Saudi Arabia hinted to increase supply. I think another members of OPEC would also increasing the production of oil because they need money. If this opinion really happen, we will see USOIL drop to 52.00 in the long term. We waiting the price to climb more higher so we can sell it, around 56.xx. Sell opportunity...

TunkuLuqman Updated 

We can see clearly rejection at resistance level with strong bearish candle. To entry, i will waiting bear to break the trendline, i will short USOIL. TP 55.00

TunkuLuqman

I keep my bias short/downward for GOLD. Short-term target (1st TP ) : 1504.50 Long-term target (2nd TP) : 1480.00 Goodluck to myself. And goodluck to all of you !

TunkuLuqman

Short opportunity. target 1510.00

TunkuLuqman

TARGET : 1.11200

TunkuLuqman

Target 0.67000

TunkuLuqman

Waiting for any pullback + reversal candle to sell GBPUSD. Target area 1.21800-1.21750

TunkuLuqman Updated 

Techincal I will sell GBPCHF target area 1.18600 - 1.18500 Fundamental GBP weak due to concern of no deal brexit. CHF strong due to trade war tension between China-USA, so demand for safe haven. Tight stop loss. Hope this week will bring more profit to us !

TunkuLuqman Updated 

I will short EURUSD target 1.10900

TunkuLuqman Updated 

target 1.61500

TunkuLuqman

Again i believe Gold will going downward. 1526.00 now become a very important level/support. My bias : Gold will going downward (based on daily candlestick and fundamental). The possible target is around 1511-1508.00. #Aladdintrade #AladdinPrivateFund #FundManager