audbuy

BOAFX BOAFX AUDNZD, D, Long ,
AUDNZD: AUD/NZD BUY
49 0 2
AUDNZD, D Long
AUD/NZD BUY

Fundamentally these currencies are both weak and trading weak against weak currencies is not something that I normally recommend. However the technical's do look tempting with the rising trend line and the pin bar rejection of the rising trend line. Also we have had quite some downside in the price lately and a profit taking technical pull back could be on the ...

BOAFX BOAFX EURAUD, D, Short ,
EURAUD: EUR/AUD
50 0 3
EURAUD, D Short
EUR/AUD

Fundamentals:- The Euro is still one of the weakest currencies out there at the moment and with further stimulus likely in March from the ECB we should see further downside. The AUD has been showing some strength in the economy but still has some mixed data. It is the technical picture that makes this trade more attractive at the moment. Technicals:- As you can ...

BOAFX BOAFX EURAUD, D, Short ,
EURAUD: EURAUD
48 0 1
EURAUD, D Short
EURAUD

We still have a weak Euro despite the recent rally. With the better than expected employment figures coming from Australia we now have a technical signal developing on the chart. The Daily engulfing candle and now what looks to be a pull back on that candle should find previous support as resistance and continue to the downside. I would like to see rejection and ...

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