NZDUSD reached a core level that might send the price into a bullish breakout. Monitor it closely. Stoch Oscillator shows a divergence on weekly that might mature if FED will keep a neutral tone.
This pair has still potential to the downside.
According to latest polls on Brexit, the majority of UK citizens is now favoring Brexit again. That could push the pound lower against the yen, however, a possible positive NFP might cause severe indecision among market participants.
Price might test 1.6230. Short orders favored.
Even though the australian dollar gained considerable strength against almost all currencies, fundamentally speaking, the RBA made a remark about the australian dollar to be preferred trading around 0.65 against the USD. Technically AUDJPY even though BoJ keeps dovish stances, is at an important confluence point. Trades taken at this point may carry a danger of...
This week is clearly a fundamental one. If BoJ maintains dovish measures and FED surprises with a renewed hawkish tone, we may see the US dollar climbing back to a transitional zone.
i'm waiting for price to reach 0.6680 and then short the pair.
I'm opening a long with undetermined target, stop at 113.70