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Tag: FX Trading Idea

Forex Trading Idea USD/JPY

May 18, 2022May 18, 2022Nicholas

Strategy

Buy USD/JPY at 127.50 for 135.70. Stop at 124.80. Time duration expected. 3-6 months

Technical View

After price reached a high of 131.34 on 9 May 2022, price went into a correction.… Read More

Uncategorized FX Trading Idea, USD/JPY Leave a comment

FX Trading Idea – USD/CHF

April 7, 2022April 7, 2022Nicholas

Strategy

Buy 0.9250 for 0.9650. Stop at 0.8990. Time Duration 2-3 months

Technical View

Price has been moving in a gradual uptrend channel and is also supported by the rising 20EMA line.… Read More

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Forex Trading Idea USD/CNH

March 24, 2022March 24, 2022Nicholas

Strategy

Buy 6.3750 for 6.5875 with a stop below 6.3035.

Technical View

On the weekly chart, the price decline is seen to be slowing down.… Read More

Forex FX Trading Idea, USD/CNH Leave a comment

FX Trading Idea NZD/USD

March 10, 2022March 10, 2022Nicholas

Strategy

Buy 0.6810 with a stop below 0.6610 for profit target at 0.7210. Duration of this trade could be 6 months.… Read More

Forex FX Trading Idea, NZD/USD Leave a comment

FX Trading Idea – Silver

February 22, 2022February 22, 2022Nicholas

Strategy

Sell at $23.80 with a stop below $24.70 for profit target $22.00

Technical View

Price has been caught in the previous month range but looks like it could be declining to test the previous low again.… Read More

Forex FX Trading Idea, XAG/USD Leave a comment

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Disclaimer

This information is prepared by personnel in UOB Kay Hian’s Alternative Products Department and is not the product of UOB Kay Hian’s Research Department. It is not a research report and is not intended as such, although a UOB Kay Hian Research report may be referenced as a link or as an attachment hereto.

Opinions expressed herein may differ from the opinions expressed by other areas of UOB Kay Hian, including research. This commentary is provided for information only. Neither the information nor any views expressed constitutes a solicitation for the purchase or sale of any securities or other financial instruments. It is not a personal recommendation, offer or solicitation to buy or sell.

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