zincmiami

zincmiami

The USD broke through the .618 without slowing down, giving an indication (in my opinion) that it will continue to move until the next level of the fib.

zincmiami

Confirmation of clear respect of the triangle, short position on NZDUSD - TP 50

zincmiami

Looking for a smooth ride up to the pair's next major resistance point of 0.6350. I see two areas of pushback at .6300 and .6320. *Trade is subject to reverse according to news.

zincmiami

The dollar is likely to weaken in the second half of the year as U.S. inflation and economic activity data decelerate and the Federal Reserve acknowledges these broad trends, ING says. EUR/USD looks set to rise to 1.15 by year-end from 1.0924 currently, ING analyst Chris Turner says in a note. "The path to a weaker dollar will be a bumpy one and could easily get...

zincmiami

Looking for a short position down to the .5 fib line, 1.040