yu1jia5

yu1jia5 Updated 

Looks like 144.00 has blocked this pair to continue to be higher at this moment and will be at least a corrective down move may be seen. If pair goes back to the zone between those two pink rays, I would need to see how the setup shows for me to short this pair. If it is a correction only, will expect to go back to 139.50-139.00 area. If it is a further down move,...

yu1jia5 Updated 

Personally, this pair is really slow to reach your target. However, the pattern is quite clear with the monthly resistance zone there combing with daily chart's pattern - one of that I like the most: Retested at 1.1160 area but failed to break up. The role reversal zone which is between has been broken down nicely, which leads to the remaining question of how it...

yu1jia5 Updated 

If 1.57000 level can hold or false break, would like to see a bounce up between 1.60-1.63 depending on how the market will go. Of course, the best scenario is that price can break through 1.58000 resistance level and HOLD (more important than break-through)

04:39

yu1jia5

This is a top-down analysis on CADCNH. In the following week, we may see some bearish moves to . And after that, we will see if the bearish move will continue.

yu1jia5 Updated 

This pair has been stuck in a corrective range recently. Considering each time the bounce-up was weaker and weaker but the key support at 0.87000 area was still holding, for conservative traders, we can wait until this key support level is broken solidly and retested at 0.87000 area. For aggressive traders, we can place a pending order around 0.87400 for short.

yu1jia5 Updated 

Short-term bullish, but considering higher timeframe, this index is still under bearish pressure. May see some sellers start to attack between . If it is a valid strong bearish pressure in the specified area, may see price will drop to 2700 or even lower.

yu1jia5 Updated 

With the bullish divergence and convergence on this pair, we may see that buyers will follow up after the price traces back around 0.87890 area