Back about 15 days ago we had a complete change on the daily duration of the MACD, the RSI and the Change Momentum and the whole derivative of the price line chart went from negative growth to positive growth illustrated here on the 1 hr duration. I think the 5-6 week cycle people have been talking about is over and there is a new macro cycle at play here that...
Good morning GBP/NZD, time to rise and shine :)
My case for a strong bullish reversal on this Extremely Valuable Pair {EVP} is due to the fact that: (1) It has completed a multi-month Harmonic Wave Formation and (2) the GBP/NZD is positively correlated with FX:AUDNZD and that pair is trending very aggressively into a multi-year bullish uptrend due to both...