Trade Idea 9 August 2016: EURUSD

At about 1.30pm Singapore time, EURUSD seems to be continuing it’s bearish tone. So hitting a resistance point, it may be showing a head and shoulders formation. So those who are looking to short this pair, it may be a good time to continue to add positions or...

Trade Idea 19 July 2016: EURUSD

At about 8.07 pm Singapore time, we are looking at EURUSD which is still on a very long consolidation phase. If you look at long term, the bias would be a bearish turn down should the consolidation breaks. So for those who are looking to short, the consolidation stage...

Weekly Review: Rise in USD

The week ended with quite little changed. There was the FOMC meeting which gave some volatility during the week. Let’s take a look. There were big news driving movements of stock prices such as Warren Buffett’s investment into Apple and also the...