We have Monetary Policy Decision in New Zealand and the RBNZ lowered interest rates to 1.50% as expected from 1.75% (already priced in the market) and decision was unanimous. Governor Orr says "Looking ahead, the outlook looks more balanced than before the cut". This is more positive news than expected and taking into account large candle had reverted and ended...
The way up begun in ligh of us-china trade war. Right now we can see a small pullback. Buy after pullback and check my previous ideas. Good luck!
Righn now we can see a pennant pattern on EURUSD chart. It good suits for my previous idea. This continuing consolidation of the market is just a slow wave B. Look forward for some news both from the Eurozone and the United Startes. This week we wait for US-China trade talks this Thursday and Friday and measures to be taken after these talks.
Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...
Technical View : ============== Key Support & Resistance Zones R: 0.6920 – 0.6970 S: 0.6680 – 0.6730 NZDUSD Breakout and stable 0.6670 level then touch 0.6720 level and more because Wednesday coming big news in NZD like : Official Cash Rate/ RBNZ Monetary Policy Statement/ RBNZ Rate Statement / RBNZ Press Conference etc. Very important news for NZD. NZD...
Fundamental View: ================== RBA rates cut on May 7 for many reasons. So there is a good chance of trading. In May of 1016 RBA was cut, Then almost weak to 150/20 pips against almost all major pairs. 1.Inflation: RBA's annual inflation tag is below 2-3%, RBA does not hold the normal rate. The reason for this is to keep the * auds stable. * Keep the...
Here we can see the begining of Impulse Elliot Wave . We'll see what's happens next week in macroeconomic world. Actually NZD interest rate decision may affect it.
Here we can see the begining of Impulse Elliot Wave. We'll see what's happens next week in macroeconomic world. Actually USA-China trade talks may affect it greatly.
News:- ======= #One thing is that most of the members say that after the second quarter, the economic growth will revolt. In the second half of the second half of the second half of 2014, growth will increase in the second half of June-July. As soon as we enter the EuroBo mode, it will not be possible to enter the beginning of June or enter the last week of...
After a spike in Early February it soon...ate up almost all of its gain the same day after a cut in earnings(Circled in black). Now why am I short? Well Let's take a look at demand for what Mattel sells. Toys, Board games, and dolls(famously Barbie). The plummet was due to a MASSIVE cut in earnings and terrible guidance for 2019 to be FLAT. Mattel blames Toys R...
AUD/USD is currently trading at session highs above 0.7055, having neutralized the immediate bearish view with a 0.30 percent gain on Friday. The bullish doji reversal confirmed on Friday has opened up upside towards at 0.7100. On the Other hand, If Chinese Manufacturing and Non-Manufacturing PMI drop major support 0.7000/0.6990 could test again. Audusd Sell...
Ethereum ETH/USD Strong resistance in 190 level this the best opportunity for Short Sell 190 Area take profit 160 and 130 area. On the upside breakout and stable 190 level then buy this position, target 225 and 250 level. Another side of ETH/USD touch 130/25 level buy this position target 180 and 220 level . A sustainable move higher will take the price towards...
Japan starts the week with a holiday, with no data scheduled in other major economies.US Treasury yields pressure two-week lows, dragging the pair lower. Technically, the pair has little to offer, holding within familiar levels for a third consecutive week. A failed attempt to break higher, however, increased the chances of a downward move during the upcoming...
Japan starts the week with a holiday, with no data scheduled in other major economies.US Treasury yields pressure two-week lows, dragging the pair lower. Technically, the pair has little to offer, holding within familiar levels for a third consecutive week. A failed attempt to break higher, however, increased the chances of a downward move during the upcoming...
Fundamentals: Verizon reported earnings for Q1: EPS for 2018-Q1: 1.17 Estimated EPS before earnings: 1.17 Actual EPS: 1.20 a Surprise: + 2.56% Revenue stayed at 32.1B, barely missing consensus. Technicals: RSI(14) @40.5, reaching lower lows (specifically on the following dates: 2-apr,9-apr,17-apr,23-apr) SRSI(14) @0 MACs @.26 > MACD @.01 ...
No real technical indicators showing any bull signs to buy for this stock, but they are currently at 10p, and been in the research and development stage of the business for years. The next 12-18 months of royalties could make this stock explode in the not so distant future. The stock was diluted a few months ago (which in my opinion is a good thing thing as it is...
This is a continuation of my previous post on gold miners. I would recommend checking out that post and the updates to get up to speed on the current trade. Profits so far should be at least 15% if you’re trading leveraged ETF ($DUST). Personally at around 20% gain so far in the trade. I plan to take profits on the entire DUST position soon since GDX is getting...
As far as we can see, the trend went through the level of previous low and it's clear it goes further down. I suppose we see an Elliote Wave C. It's not completed yet. However I suggest to look carefully for pullback, then we may oppen a sell stop order under the complete wave C and wait for incoming news reports. It is likely to hit the lower trendline. Recent...