USD index breaks below key support, takes bearish turn. RBNZ rate cut spurs NZD strength…why? US retail sales, SNB rate decision could spur volatility…
Posted in Learn Forex |
The Australian dollar crosses have offered the best range scenarios for the better part of a week; and the AUDUSD setup we see today is the opposite side…
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- New Zealand Dollar Surges as RBNZ Signals End to Easing Cycle, Australian Dollar to Face Employment Data Overnight – Euro Rallies for Test of 1.2850,…
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The New Zealand dollar rallied at the end of the New York trading session after the Reserve Bank of New Zealand (RBNZ) cut their Official Cash Rate (OCR)…
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The USD Index has closed below a 3 month support line drawn off of the December 2008 and February 23rd lows. This is a strong sign that the dollar is headed…
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-EURJPY could top out near 128 -GBPJPY resistance at 137-138.50 -CADJPY may continue lower from current levels -NZDJPY choppy downward sloping channel
Posted in Learn Forex |
Euro finally set for close above 20-Day SMA. Dollar/Yen breaks below 10-day SMA; Short @98.25. Cable still bearish despite potential up-day. Dollar/Swiss…
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According to an article in the WSJ, the April 2 Group of 20 (G20) meeting is set to include plans by which to boost global trade via financing by the member…
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Short term structure has not confirmed that a top is in place. It is possible that a triangle is underway but the pattern is not mature enough at this…
Posted in Learn Forex |
