Although markets won't open for another 20 hours and 23 minutes, when they do I will be expecting a short on this pair to be a god position to take. Solid 50 to 75 pips to be made, depending on where the gap forms.
Last week the Greenback opened bullish on the back of the prior Fridays better-than-expected core cpi readings and strengthened throughout the week. On Tuesday it made strong gains as core durable goods, consumer confidence and new home sales all beat expectations. These positive readings reinforced dollar ...
For NZDUSD LONG Trades from 0.7142, Trailing Stop loss is at 0.7107.
Potential TARGET prices are 0.7187, 50% Fib Retracement, and 0.7310 78.6% Fib Retracement.
EXIT Trade on CLOSE below Trailing Stop Loss price.
Pound to Dollar forecast for December 2016.
The exchange rate for beginning of December 1.23. Maximum rate 1.24, while minimum 1.20. Averaged rate for month 1.22. The forecast for pound exchange rate at the end 1.22, change for December -0.81%.
GBP to USD forecast for January 2017.
The exchange rate for beginning ...
Fibonacci retracement & extension to measure price-action. The interaction between actionary and reactionary waves can be understood with the Fibonacci tools.
Market conditions can be similar in some aspects; however, they are always different comparing to the past. To rely on fibonacci tool for trading it is ...
BTCUSD is technically still in an UPTREND but currently in a sell off. Look for support at the 50% fib retracement level @ 684.45 and below that at 78.6% fib level @ 649.78. Lots of divergence leading up to the sell off. Momentum is is drifting BEARISH but still BULLISH overall.