Learn2 trade like a pro boafx.com - We are looking at the up and coming possible divergence between these two central banks. We believe that the last monetary policy on the RBA has ticked some of the boxes when it comes to growth and an uptick in inflation should be enough for the RBA to keep rates on hold and even have some hawkish tones. Where the RBNZ are...
Hi Traders, I keep my long to reach the second target from previous patern the 61.8% fib around 1.122... Point C (@1.1193) from eventual Cypher synced with the 2nd target from previous completed pattern @1.0900 (Point D) - check "previous idea" - link below* *Attention this is an huge forecast and not a call ;) - may become invalid when the price break 61.8%...
Advanced pattern under development...(and a nice opportunity to short it...) Notes on chart; Trade Safe
Fairly straight forward setup supported both technically and fundamentally.
Bullish on the AUDNZD, patience is needed when entering this trade :) TP : 1.2
Here we got a potential long with trend after a Bat pattern completion at horizontal minor support with trendline confluence, we just need to see some more oversold RSI and we are hopefully good to go long. With the China news out and the hole Greece deal going south who knows whats gonna happen when the market opens, so be careful this week. I´m sorry i have...
AUDNZD recently broke through a fairly significant piece of structure in the 1.0570s (see red circles on the chart). Until then this pair was in a strong bearish trend for months. This could be a reversal into a bullish trend, or it might just be a tease. Either way, since we're seeing higher lows and higher highs it's prudent to go with the trend. Now this pair...