colinsheen
Long

AUDNZD don't miss this upside potential

FX:AUDNZD   Australian Dollar / New Zealand Dollar
176 5 3
after a year long consolidation, i believe bullish momentum will resume in the coming weeks and months.
What is your reason for suggesting bullish momentum?
+1 Reply
Based on commodity prices, monetary policy ( rbnz easing, rba on hold ), fair value estimates. Building long positions at those prices are reasonable. Downtrend running ahead of itself. Nothing last forever and everybody want to short it now, so take the opposite ;-)
+1 Reply
asferruzzi robert.zach.7543
Thanks. If your suggesting everyone wants to short why would you suggest to take the opposite direction?
Reply
Everybody = Retailers, not big institutions
Reply
asferruzzi robert.zach.7543
got it, thanks.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out