Please import the chart so you can see the exact indicator values and other technical tools used. This is a key level for NZD/USD and breaking out from either side would result in a further momentum on the side.
All the indicators show that the price is at a critical level, EMA 50, Contraction in Bolinger Band and the support cloud in Ichimoku.If the price closes below the thick Green Line, then we will initiate A trade. Import the chart so you can see the indicators I used.
If it closes below the RED EMA, then it is a sell.
(Up until Wednesday rate announcement due to the uncertainty surrounding the green back, the market sentiment on dollar gonna be bearish !)
Italy referendum, Trump effect, upcoming France election, worldwide bond market uncertainty... they all say the same thing = DEMAND FOR GOLD.
Import the chart so you can see all the technical indicators I used.
As it is not a good time to trade currency nor the bonds (fixed income trading) due to the high uncertainty in the market, I thought I will update an equity opportunity for you all. To be said that I AM NOT GOING TO trade this only and only because I am not an equity trader.
Anyway, the main point is ...