The AU-Dollar -vs- NZD is expecting to fall to 1.05 area or lower. - Westpac is expecting the RBA to keep rates on hold in 2017, 2018 and 2019.
Positive news for CHF and I am expecting a drop in the short term from 1.00+ area. - Heading to the .96 cent area in short term. - Net profit of CHF 0.9bn, +14% YoY; diluted EPS CHF 0.25 - Adjusted1 profit before tax CHF 1.5bn, +16% YoY - CHF 1.0bn adjusted1 profit before tax in global wealth management, +4% YoY, +12% YTD
NZDCAD - is showing lower prices that go below the last support level. I think in short term we could hit the .86 numbers or it could go to .90. At this point it's not a safe investment until confirmed. Remember based on pattern we have two green bars, and then it fails. So you might have some small profit but I wouldn't risk it, too many other currencies...
Milk is now in demand, and strengthing in all countries.
Iron ore prices have dropped tremendously for AUD, and milk prices are slowly increasing for NZD. Prices are becoming more stable for milk, and we should see a large increase. Weekly chart showing strong weakness and has hit multiple tops.
NZDCAD buy between .92 to .92500 area or a little lower. Long to .95500 area
The NZD Milk market is improving, and the dollar will soon drop on fear of war. We should see a nice recovery to .71900 area.
USDollar is running into some trouble with recent news of war, which can lead to excessive spending and financial loss. CAD has large gain in recent oil prices, and I see it stabilizing soon. Price to 1.30 area.
AUDNZD Short from 1.03300+ to 1.01400 S/L: 1.03500 T/P: 1.01400
As you know a possible interest rate hike is expected to be released on Sept 20th - 21st. Dollar should see a quick boost long term thru 100s. Strong support at 96.
Short NZDUSD from .72700 with a .72800 S/L to .69800.
NZDUSD - .72700 to .68900 or lower based on Monthly pattern retrace. S/L: .72800
NZDUSD might break into a long after the pitfall on Friday 08/26. Noticing a Double Bar trend pattern, on Four bars recently two Red and then two Green. Entry is undetermined at this time, please get confirmation first before entry by monitoring the trade. Expect a super spike up just like the drop today if this comes true.
If this EURUSD - H&S sticks we could see $1.10 or lower. Short from $1.12 area if it makes it there to $1.10 or lower.
AUDUSD possible long from .76 to .78. Open gap support from .76 Warning: this doesn't mean it won't break support, just difficult.
Short position on AUDNZD from 1.04345 to 1.03500 or lower. Sell S/L: 1.04450
Support was found at .72900 price up to .73500+ Entry: .73 to possibly .73500+ s/l .72880
NZDUSD is not able to find support until .73450. Short to .72 or lower.