0.0 00 Points to consider in this Kiwi Dollar Forex market: The Kiwi Dollar is below the monthly trend line support indicating more losses ahead. Short NZD sale has been triggered as sellers aim from 0.68 …
Read More »EUR/GBP – Short Euro Sale above 0.78 Entered
0.0 00 EUR/GBP (0.7787) Points to consider in this Euro Forex market: The euro’s accelerates its downturn lower in this Forex market. Short sale entered to activate above 0.78 Trade strategy: Pending short sale entered The …
Read More »NZD/USD – Kiwi Dollar Forming a top above 0.70
0.0 00 NZD/USD (0.6972) Points to consider in this Kiwi Forex market: The Kiwi Dollar ends a three day wining stick as a bearish candlestick forms on the daily MT 4 chart. Waiting to enter another …
Read More »Australian Dollar hits a 10 Month High
0.0 00 Points to consider in this Australian Dollar Forex market: The Australian Dollar is near a ten month high. There is no actionable trade setup and some adverse risk, on the fundamental side, arguing against …
Read More »Kiwi Dollar breaks through the Swing High
0.0 00 NZD/USD (0.6997) Points to consider in the Kiwi Dollar Forex market: The Kiwi Dollar has broken higher and through the March high. Now at its highest level in 10 months. Average trading range or …
Read More »Euro Short Sale to be Triggered sub 1.14
0.0 00 EUR/USD (1.1363) Points to consider in this Euro market: Euro breaks trend line support which suggests dominant bearish euro market is returning. Looking for a small corrective bounce to enter a short euro sale. …
Read More »Australian Stocks Move towards a 3 Month High
0.0 00 Points to consider with the Australian Stock Market: Upside momentum is still limited in this stock market. There are support levels to watch at 5,075 and 4,918.45. Trade strategy: Stand aside The headline stock …
Read More »French Stocks Continue to Consolidate
0.0 00 The headline French Stock bourse, the CAC 40, was a bit lower on Friday as investors eyed this weekend’s OPEC meeting in Doha. The meeting was between OPEC and non-OPEC members to freeze production …
Read More »NZD/USD: Buyers fail below Key Resistance
0.0 00 NZD/USD (0.6848) Points to consider in this Forex market: The Kiwi Dollar falls lower after three days of gains. Buyers tried to challenge the March top. Bearish reversal signals remain in place as price …
Read More »Bearish Wedge Formation with the Kiwi Dollar
0.0 00 Points to consider in the Kiwi Forex market: The Kiwi Dollar is trying to push higher after finding support below 0.68. Bearish wedge formation indicates bearish reversal. However, confirmation is lacking. Trade strategy: Stand …
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