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MX OIL PLC ORD 0.01P, LLOYDS BANKING GROUP PLC ORD 10P, UK OIL & GAS PLC ORD 0.01P, MYSQUAR LIMITED ORD NPV (DI), OILEX LD ORD NPV, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI)
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Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
First published idea from an inexperienced trader. as the NZD/USD weekly approaches a close, a hanging man appears to be forming on top of a strong support line, NZD/USD is at it's lowest point for over 12 months. bearing in mind we have the NPF tomorrow so this can go either way and break the support. I am bullish on this pair, I suspect the bullish reversal ...
Hanging man at 61% fib retracement. Price is also in line with a strong line of resistance.
Looking at the NZDUSD its been bullish for a over a year but I think the bulls are loosing power and the bears are starting to take over. From a MONTHLY perspective... The most recent candlestick has a SHOOTING STAR characteristic. Price attempted to break the weekly resistance at 0.7450 but failed and price came back down. Price is below the monthly resistance ...
