Fundamental Reasons: Diverging Monetary Policies: A significant factor influencing currency pairs is the divergence in monetary policies between the two countries. If the Reserve Bank of New Zealand (RBNZ) adopts a more dovish stance compared to the Bank of Japan (BoJ), it could weaken the NZD relative to the JPY. Commodity Prices: As a commodity-driven economy,...
Rationale for a Short GBP/CAD Position A short GBP/CAD position might be considered under the following conditions: Diverging Monetary Policies: If the Bank of England adopts a more dovish stance compared to the Bank of Canada, it could weaken the GBP relative to the CAD. Weakening UK Economic Outlook: A slowdown in the UK economy, or a deterioration in economic...
I strongly advise against making trading decisions based solely on humorous or anecdotal information. Financial markets are complex and influenced by numerous factors. That said, here are some lighthearted, fictional reasons "why" you might consider shorting GBPNZD (please don't actually do this!): The All Blacks Curse: The New Zealand rugby team is simply too...
Fundamental Factors: Interest Rate Differentials: A widening interest rate differential between the Eurozone and Australia could favor the Euro. If the ECB adopts a more hawkish monetary policy compared to the Reserve Bank of Australia, it could lead to EURAUD appreciation. Economic Performance: Stronger economic growth in the Eurozone relative to Australia might...
- Your One-Way Ticket to Profits LOL The Eurozone's got more cracks than a sidewalk after a monster truck rally. Seriously, their economy's shakier than a chihuahua with a sugar rush. Canadian loonie's about to get stronger than a hockey player after a double-bacon poutine. Get ready for the maple syrup to flow like profits into your account! Europe's on vacation...
1. Diverging Monetary Policies: Bank of England (BoE) stance: If the BoE maintains a hawkish monetary policy, signaling potential interest rate hikes to combat inflation, it could strengthen the GBP. Reserve Bank of Australia (RBA) stance: Conversely, if the RBA adopts a more dovish approach, signaling potential interest rate cuts or a pause in tightening, it...
sell it with 8% Targeting no SL GJ making the top before fall no stop loss just 8% target
wait wave 3 to BREAK THEN sell u can sell now --- yello line is target
fibo 61.8 order block then bounce from this levels we expect EG to bounce to reach this target
usdcad facing strong support zone Buy sl~120 pips tp ~ 420 pips trade wisely manage ur money it's the real key of forex
NZDUSD looking for strong resistance to set a new top , sell it from the red BOX Sl ~ 150 pips tp 420 pips
sell gbpjpy , , wedge , with this target sl and tp on the chart long consolidation , market correction
buy from 32200 tp 32900 sl 30700 us30 have ended its bottom
STRONG SUPPORT VS BULL MOMENTUM