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Title USOUSD H4 | Heading towards pullback resistance Type Bearish reversalPreference: The price is rising towards the pivot at 57.31, which is a pullback resistance that is slightly above the 38.2% Fibonacci retracement. A reversal from this level could lead the p... Title USOUSD H4 | Heading towards pullback resistance Type Bearish reversalPreference: The price is rising towards the pivot at 57.31, which is a pull
Title EURUSD H1 I Bearish reversal setupType Bearish reversal Preference: The price is rising towards the pivot at 1.1765, a pullback resistance that aligns with the 61.8% Fibonacci retracement. A reversal at this level could lead the price toward the 1st support a... Title EURUSD H1 I Bearish reversal setupType Bearish reversal Preference: The price is rising towards the pivot at 1.1765, a pullback resistance that
Title USDJPYH1 I Bearish reversal off key resistance Type Bearish reversal Preference: The price is rising towards the pivot at 156.05, which is an overlap resistance that aligns with the 61.8% Fibonacci retracement. A reversal from this level could lead the price... Title USDJPYH1 I Bearish reversal off key resistance Type Bearish reversal Preference: The price is rising towards the pivot at 156.05, which is an o
Title GBPUSD H1 | Potential bearish drop Type Bearish drop Preference: The price has rejected off the pivot at 1.3396, a pullback resistance that aligns with the 61.8% FIbonacci retracement. A drop from this level could lead the price toward the 1st support at 1.33... Title GBPUSD H1 | Potential bearish drop Type Bearish drop Preference: The price has rejected off the pivot at 1.3396, a pullback resistance that alig
BTC Lacking ExcitementBitcoin prices remain tepid as we move through the middle of the week and with yesterday’s jobs data passing without provoking a directional move, BTC looks vulnerable to quiet, range-bound trading through the end of the year. Yesterday’s US j... BTC Lacking ExcitementBitcoin prices remain tepid as we move through the middle of the week and with yesterday’s jobs data passing without provoking a
NZDUSD & AUDUSD Daily Trade SetupsIn this update we review the recent price action in the kiwi & Aussie Dollar and identify the next high-probability trading opportunities and price objectives to target. To review today's video analysis, click here!... NZDUSD & AUDUSD Daily Trade SetupsIn this update we review the recent price action in the kiwi & Aussie Dollar and identify the next high-prob
Title GBPUSD H1 | Bullish bounce off Type Bullish bounce Preference: The price is falling towards the pivot at 1.3389, a pullback support that is slightly below the 61.8% FIbonacci retracement. A bounce from this level could lead the price toward the 1st resistance... Title GBPUSD H1 | Bullish bounce off Type Bullish bounce Preference: The price is falling towards the pivot at 1.3389, a pullback support that is slig
Please note this will be the final Daily Outlook for 2025; commentary will resume Jan 6 – wishing you all a happy & peaceful festive season!Daily Market Outlook, December 17, 2025 Patrick Munnelly, Partner: Market Strategy, Tickmill GroupMunnelly’s Macro Minute... Please note this will be the final Daily Outlook for 2025; commentary will resume Jan 6 – wishing you all a happy & peaceful festive season!Daily
SP500 LDN TRADING UPDATE 17/12/25PLEASE NOTE THIS IS FINAL SP500 UPDATE OF 2025, UPDATES WILL RESUME JAN 6WEEKLY & DAILY LEVELS***QUOTING ES1! FOR CASH US500 EQUIVALENT LEVELS, SUBTRACT POINT DIFFERENCE***WEEKLY BULL BEAR ZONE 6810/00WEEKLY RANGE RES 6940 SUP 6... SP500 LDN TRADING UPDATE 17/12/25PLEASE NOTE THIS IS FINAL SP500 UPDATE OF 2025, UPDATES WILL RESUME JAN 6WEEKLY & DAILY LEVELS***QUOTING ES1! FOR
Post-NFP BounceThe US Dollar is pushing higher today, following a recovery off yesterday’s lows as traders reacted to the November NFP release. The headline NFP number came in at 64k, above the 51k the market was looking for but down sharply from the prior month’s ... Post-NFP BounceThe US Dollar is pushing higher today, following a recovery off yesterday’s lows as traders reacted to the November NFP release. The he

Desmond Leong

Market Analyst

Desmond Leong runs an award-winning research firm (The Technical Analyst finalists 2018/19/20 for Best FX and Equity Research) advising banks, brokers and hedge funds. Backed by a team of CFA, CMT, CFTe accredited traders, he takes on the market daily using a combination of technical and fundamental analysis.

Favorite trading instruments

  • Currency pairs: EUR/USD, AUD/USD, NZD/USD, USD/CHF, GBP/USD, USD/JPY, EUR/JPY, USD/CAD

  • Precious metals: Gold and Silver

Preferred market analysis

Technical analysis combining the correlations across multiple asset classes to draw a ‘big picture’ idea of how the market is flowing. Strong focus on Elliott Wave theory along with price action and Fibonacci.

Trading style

Desmond primarily focuses on scalping setups using Fibonacci confluence. He prefers to get in-and-out of the markets fast.

Always remember you’re here to make money. Don’t trade for the sake of trading, instead, trade for the sake of making money.

Latest Articles

GBPUSD H1 | Potential bearish drop

TitleGBPUSD H1 | Potential bearish dropTypeBearish dropPreference:The price has rejected off the pivot at 1.3396, a pullback resistance that aligns with the 61.8% FIbonacci retracement. A drop from...

USOUSD H4 | Heading towards pullback resistance

TitleUSOUSD H4 | Heading towards pullback resistanceTypeBearish reversalPreference:The price is rising towards the pivot at 57.31, which is a pullback resistance that is slightly above the 38.2%...

USDJPYH1 I Bearish reversal off key resistance

TitleUSDJPYH1 I Bearish reversal off key resistanceTypeBearish reversalPreference: The price is rising towards the pivot at 156.05, which is an overlap resistance that aligns with the 61.8% Fibonacci...

EURUSD H1 I Bearish reversal setup

TitleEURUSD H1 I Bearish reversal setupTypeBearish reversalPreference:The price is rising towards the pivot at 1.1765, a pullback resistance that aligns with the 61.8% Fibonacci retracement. A...