Sell Archive

  • Trade Idea Wrap-up: USD/JPY – Sell at 87.60

    Trade Idea Wrap-up: USD/JPY – Sell at 87.60

    Despite recovering after intra-day fall to 87.02, early breach of indicated support at 87.33 signals correction from 86.96 has ended at 88.22 and bearishness remains for a retest of this level, however, break there is needed to confirm decline has resumed and extend weakness towards...

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  • Trade Idea Wrap-up: USD/CHF – Sell at 1.0650

    Trade Idea Wrap-up: USD/CHF – Sell at 1.0650

    Although dollar has retreated after meeting renewed selling at 1.0655, break of 1.0564 support is needed to signal decline has resumed and extend weakness to 1.0535 (50% projection of 1.0903-1.0579 measuring from 1.0697) and then 1.0495/00 (61.8% projection), however, reckon 1.0445 (1.236 times projection of...

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  • Trade Idea Update: USD/CHF – Sell at 1.0650

    Trade Idea Update: USD/CHF – Sell at 1.0650

    Despite intra-day resumption of decline to 1.0564, lack of follow through after breaking support at 1.0579 and current rebound suggest consolidation would be seen, however, upside should be limited to the Ichimoku cloud bottom (now at 1.0642) and bring another decline. View full post on Forex...

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  • Trade Idea Wrap-up: USD/CHF – Sell at 1.0750

    Trade Idea Wrap-up: USD/CHF – Sell at 1.0750

    Dollar’s intra-day recovery from 1.0616 suggests further sideways trading would be seen and another corrective rebound to resistance at 1.0697 cannot be ruled out, break of the Ichimoku cloud top (now at 1.0707) would bring retracement to resistance at 1.0752 but renewed selling interest should...

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  • Trade Idea Update: USD/CHF – Sell at 1.0750

    Trade Idea Update: USD/CHF – Sell at 1.0750

    As the greenback has remained confined within narrow range as expected in our previous update, we are keeping our view that further sideways trading would be seen and as long as last week’s low at 1.0579 holds, another corrective rebound to resistance at 1.0697 is...

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  • Trade Idea: USD/CHF – Sell at 1.0750

    Trade Idea: USD/CHF – Sell at 1.0750

    Although dollar’s near term sideways trading is expected to continue, as long as last week’s low at 1.0579 holds, prospect of another corrective rebound remains and above resistance at 1.0697 would bring test of the Ichimoku cloud top (now at 1.0717) but renewed selling interest...

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  • Trade Idea Wrap-up: USD/CHF – Sell at 1.0790

    Trade Idea Wrap-up: USD/CHF – Sell at 1.0790

    As dollar has remained sidelined partly due to cross-trading in Swiss franc, suggesting further consolidation above yesterday’s low at 1.0579 would be seen and although retracement to the Ichimoku cloud bottom (now at 1.0715) and then resistance at 1.0752 cannot be ruled out, reckon resistance...

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  • Trade Idea Update: USD/CHF – Sell at 1.0790

    Trade Idea Update: USD/CHF – Sell at 1.0790

    Although intra-day recovery after holding above yesterday’s low at 1.0579 suggests further consolidation would be seen and retracement to the Ichimoku cloud bottom (now at 1.0740) and then resistance at 1.0752 cannot be ruled out, but reckon the Ichimoku cloud top (now at 1.0790) would...

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  • Trade Idea Wrap-up: USD/JPY – Sell at 89.15

    Trade Idea Wrap-up: USD/JPY – Sell at 89.15

    Dollar’s near term sideways trading is expected to continue and as long as yesterday’s low at 88.29 holds, mild upside bias is seen for retracement to 88.90/95, however, renewed selling interest should emerge around the Ichimoku cloud top (now at 89.15) and bring another decline...

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