Another super awesome 'trade of the ages' on this SVP {Super Valuable Pair}! Another Super Valuable Pair similar to this one with identical price behavior is the FX:AUDCAD .
Remember the NZD/CAD trades opposite to this one due to the negative correlation.
I've been waiting forever for this Inverse Head & Shoulders to complete and lift-off and the party has now...
Technicals
This very strong trendline has been lasting for gold for some time now, and I don't expect it to stop, and it has just been touched, so this looks like a very good place to get in with a short position if you agree with this outlook (many will disagree!).
Disadvantages
The US economic data is currently not bad, but not great, and consumer spending...
This ADX seems to be heading to a third wave that will be stronger than the other previous two. There may be some retracing in between with a short opportunity between now and christmas. I believe we will keep on an old support and won't go below 400. Then Santa's rally will come and keep up till 2016, then.... who knows, hopefully some sideways calm period,...
American Express has fallen below 1st standard devations from quarterly (66-day) and yearly (264-day) means, thus entering short term downtrend
Price is also trading within 1-st standard deviation from 10-year (520-week) and 5-year (260-week) moving averages, meaning that it is in lateral trend on long term basis
If the short term downtrend holds (price trading...
The US dollar index was a thing of bubbly-beauty, gaining over 25 percent in a year. Traders thought that after seven years, it is now time for the Federal Reserve to raise rates. Unfortunately, reality is set it.
The Fed has always claimed to be data-dependent. First, the potential for a rate hike was when unemployment dropped to 6.5 percent. That came and went...
The yield on the US TNote 10-Year remains in a long term downtrend channel, looking to complete it's down wave (3) of V towards 0.70%. A break above 2.20% would invalidate this trade and a break above 3.04% would invalidate the whole bearish pattern.
![AUDNZD: AUD/NZD's Multi-Year Cycle in Full Swing [Time For the Bulls]](https://s3.tradingview.com/z/zEBQcwM8_mid.png "AUD/NZD's Multi-Year Cycle in Full Swing [Time For the Bulls]")
