Short NZDUSD, The chart speaks itself. The spinning top on the head. NZD is the weakest major of the Asia session and, with USD being one of the strongest, we prefer to short NZD/USD although several NZD crosses are currently breaking down. Best of luck Yousaf
Hi colleagues, Bearish outside day on EURAUD shows firm rejection of 1.5621 resistance. RSI oversold and extended beneath lower Keltner so mean reversion could be on the horizon. But break of trendline and momentum favour further downside overall. SL 1. 6300 TP: 1.5200 TP2: 1.4877 Best of luck
Dear colleagues, AUDNZD strong uptrend continues after breaking the resistance. Reason 2, Due to diverging RBNZ and RBA monetary policies, the AUD/NZD has formed a strong uptrend breakout above the order block / MH3 confluence. Technically, if the price retraces to 1.0750-75 we should see another bounce towards 1.0876. However, another close above 1.0876 should...
Hi, Short time for GBPJPY after breaking and GBP shows a lot of weakness against major currencies and JPY vice-versa. Regards, Yousaf