nzdusdbreakout

NZDUSD was travelling in a wedges for a rather long time , until recently price broke out to the downside, it formed a descending channel on its way down. Price recently hit the bottom of the channel and has been making its way to the top, We believe price will make its way up to the 0.618 but we have sell limit orders at the support zone in-between the 0.5 -0.618...

Price has been travelling in a pennant and inside it price was travelling also in an ascending channel. Price has however broke out of both of these structures to the downside and has now come back up to retest the pennant indicating a big short trade coming up. While breaking out price has also formed a descending channel marked out in black, we just saw the...

As you can most likely see, price has been travelling in a blue triangle and also inside an ascending channel. Price reached the top of the triangle and therefore we SOLD,SIMPLE! TARGETS 1 & 2 ARE MARKED OUT BY PURPLE LINES TARGET 3 SHORT POSITION

traders, i hope you are all ready for this week of firework - i will be continuing to look at carry trades as we expect some reallocation to the kiwi as investors re-consider the RNBZ outlook. Moreover while futures point toward further upside in this weeks milk auction as many of you have seen my related idea which will be the long up til .75x levels (see...

the chances of further rnbz easing this year are over priced 100%, net longs on the kiwi are still light and the carry friendly global environment favours carry trades at interesting entry gl