GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
LLOYDS BANKING GROUP PLC ORD 10P, OILEX LD ORD NPV, UK OIL & GAS PLC ORD 0.01P, VODAFONE GROUP PLC ORD USD0.20 20/21, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), VAST RESOURCES PLC ORD 0.1P
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Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
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US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Descending channel plus lower low to lower high are being made so this indicates bearish move and also bearish triangle pattern is also formed as well.
That is 3 indications that this CFD will go bearish.
NZDUSD has been making Lower Lows and Lower Highs for the past few days, Price has recently hit the monthly resistance at the price of 0.73000 and a chart & candlestick reversal pattern has been show!
price has now created two lower highs which indicates an end to the momentum of the gbp versus sgd
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Update on this pair. The market has been accurate to my predictions. I'm looking to go short when price bounces off the trendline until just after the previous lower low.
The market has been choppy since a while now and recent highs of 1.123 have been touched, in other words a lot of over buying. My usual analysis has confirmed my decision to sell and bag some pips with the TP and SL provided when price consolidates itself.