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Market Update | 18 July 2017 | How To be A Relevant Trader, AUD/NZD Updates

In today’s market update, let’s talk about the negative repercussions of trading solely with technical facts and how this might lead us to read the market wrongly. 227 more words

Revelation Trading

NZDUSD Forex Analysis July 10th to July 14th 2017

Upcoming NZD News:

  • Thursday
    • Business NZ Manufacturing index
      • Previous: 58.5

Monthly: We have reached a strong resistance and will need to look on the lower timeframe to understand where price wants to go, as previous to this, the monthly candle ended very bullish. 591 more words

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Market Update | 23 June 2017 | Bank of England's Divided Opinion & More

Today, we bring you a comprehensive market update about various currencies, namely the NZD, the AUD, the GBP, the CAD and the RUB. 402 more words

Market Update

NZDUSD Forex Analysis June 5th to June 9th 2017

Previous Week Update:

  • Before:
  • After:

Upcoming NZD News:

  • NONE!

Monthly: We have a bullish engulfing forming after being rejected of the double top neckline. Right now we are testing the broken trendline, however, with the bullish engulfing with momentum and the USD weakening we are likely to test the highs again. 217 more words

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NZDUSD Forex Analysis May 29th to June 2nd 2017

Previous Week Update:

  • Before:
  • After:
  • Followed path A without the last kiss and reached out predicted target <3.

Upcoming NZD News:

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NZD, AUD CAD: Gradual Turn Against USD; What's The Trade? - SocGen

Societe Generale FX Strategy Research notes that NZD, AUD, and CAD are in the process of tracing out gradual turns against the US dollar.

“Anticipation of a higher milk price forecast from Fonterra this Thursday, and hope of tax cuts on Thursday when a bigger budget surplus is expected to be announced in New Zealand, are boosting NZD which is dragging AUD along behind it; CAD is following at a respectable distance behind,” SocGen notes.  103 more words

Trading Making Money

NZDUSD Forex Analysis May 22nd to May 26th 2017

Previous Week Update:

  • NZDUSD stayed in the same consolidation zone as last week and briefly followed B path.

Upcoming NZD News:

  • None!

Monthly: Previous 3 Black crows, broken trendline, may be creating top wick before dropping. 210 more words

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