OPEC wants higher oil prices. US shale wants oil prices on hold and lower.
GOLD in a decision phase now on USA and Northkorean Geopolitical risks. I have longs coming from lower levels seeking higher targets This long bit risky. Everyone expect a retracement now..
Target 1 0.7650 Target 2 Trendline
+Trump Expecting Weaker Dollar +Milk supply was lower so higher the prices of milk. Some Appreciation for NZD Targeting 0.78 0.7190 0.7310
Trump says Dollar is strong and He Needs a weaker Dollar.
+Oil some retracement expected lower. +BOC hawkwish stand considering 2 months of data.
NZD has been big disappointment since Feb gone through manipulation and now supply of milk to the market will decrease due to floods in NZ. Some hope for NZD recovery on its way. Supply and Demand Eventually there will be lower supply of milk to the market. Lower the supply higher the price of milk. There will be a higher demand as the milk availibility to...
NZD has been big disappointment since Feb gone through manipulation and now supply of milk to the market will decrease due to floods in New Zeland. Some hope for NZD recovery on its way. Supply and Demand Eventually there will be lower supply of milk to the market. Lower the supply higher the price of milk. There will be a higher demand as the milk...
NZD has been big disappointment since Feb gone through manipulation and now supply of milk to the market will decrease due to floods in NZ. Some hope for NZD recovery on its way. Supply and Demand Eventually there will be lower supply of milk to the market. Lower the supply higher the price of milk. There will be a higher demand as the milk availibility to the...
Sell 0.786 around 0.7680 Target 1 0.75 Target 2 0.72 Target 3 0.68
Putting RBA Supply to a chart GBP soft bulls AUD soft bears. Trigger 2moro RBA minutes Hope it works GL
Putting US attacking Syria supply to a chart. USD supply is viable. The Demand for XAUUSD (GOLD) will increase. Eventually people will sell dollar to buy gold now. This is my vision. My Idea is to short scalp till 1240 and switch longs there till 1260-65 and 1280 1280 handle is very important. Retreat higher 1300-1384 Retreat lower...
Expect CAD weakness across the board through the board. You may try a short scalp and try intraday long 2-3 days. Gl
US keep posting higher amount of barrels to markets. Higher the supply lower the price of oil. So some hope of USD bulls vs CAD bears. May be still long biased. OPEC wants Oil supply cut with some other members. (They want oil to rise) But USA OIl shale keep it tight (Glut) 88.6 area could be some resitance as it is a strong supply area too.
Has a chance of reaching 1450 area Why Long? People may have switched longs because hiking rates means stocks to fall so switched gold longs GOOD? (Generally the agreed principle.) USA dont want to push for a stronger dollar now it seems. Fair Trade as Trump Calls it. JPY authorities have been unloading USA Debt as I saw in an article. So yen becomes stronger...