forexdailywisdom

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About me Forex Daily Wisdom is a daily Inbox Magazine publishing timely in-depth technical analyses by various Forex experts.
Last visit Joined 2 years ago United Kingdom forexdailywisdom.com
Markets Allocation
100 % forex
Top Mentioned Symbols
AUDNZD 50% | 1 EURCAD 50% | 1
forexdailywisdom forexdailywisdom AUDNZD, 60, Short , 2 years ago
AUDNZD: AUD/NZD Near Historic Lows
13 0 1
AUDNZD, 60 Short
AUD/NZD Near Historic Lows
AUD/NZD is now trading at its lowest rate for over a decade. The all time high was 1.3794 in March 2011. 270 degrees below that price we have support at 1.0495. The market bounced off that level on 24 January 2014 penetrating it by just 5 pips. It has since retraced and stayed below it for most of the month of ...
forexdailywisdom forexdailywisdom EURCAD, W, Long , 2 years ago
EURCAD: EUR/CAD: Time For A Turn?
42 0 0
EURCAD, W Long
EUR/CAD: Time For A Turn?
On the weekly chart we see near perfect squaring of price and time. The market made a sustained rally from August 2012 to March 2014 then retraced 50% of the price range very near 50% of the time range. After a short rally it then retraced 61.8% of the price range at precisely 61.8% of the time range and is now ...
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