Well...the picture says it all. Strong EU fundamentals drove the pair today. Broke the 28 day trend. RIP. Best of luck. Riz,
Well....if you are in for some good pips...better pick this one. NZDUSD has shown significant growth, partly due to the downfall of DXY. Do be careful of the USD fundamentals tomorrow. Best of luck! Riz.
After a loong bear pressure...it's finally time that the pair rises. All data in the chart. Best of luck guys! Riz.
Well....excluding the long term predictions, the recent positive German Retail Sales data resulted in a short term downtrend pullback. Scalpers can gain some strong pips there. All techinals in the chart. ** The Pink one is the 200hr DEMA. Super resistance, there! ***Beware of the US ADP and Prelim GDP data. If lucky enough...positive data can release the...
Finally. USDJPY broke the one month support and it's rocketing down for good. The pink zone is good for stop losses. Hop in! Best of luck! Riz.
Well...after 41 days of continuous downtrend...it's finally time the Queen shall revive. All techinals in the chart. It can reach the support and break. Good luck Riz.
The pair itself is a masterpiece. It can be boosted by the recent ECB Meeting Accounts today. Futhermore. the weakening of the DXY due to the recent FOMC Minutes is adding more beauty to it. All techinals in the chart. I would recommend to hold your positions until the Meeting Account figures are out. Good luck! Riz.
The pair tested the 1 month resistance. Strong indicator figures there.Super sell opportunity. Be careful of the Philip Lowe speech tomorrow. Trade wisely. Happy trading! Riz.
After a long wait.. EURNZD is finally going up. It can be a strong buy is the channel broke. Best of luck! Riz.
Super sell opportunity here. It is soon expected to break the 8 month support. Recent fundamentals suggest a pessimistic view. All technicals provided in the chart. Do wait for the Inflation Hearings report. Best of luck! Riz.
Nothing to say here. The CPI remains as expected. This leads to another dawn of a downtrend. The pair can retrace at the 23.6% Fib retracement. After that...it's all over for EURUSD. All techinals in the chart. Peace.
What remains of this pair at the end of the day? This is going down for good. Although the pair was expected to rise...the 5 month channel breach tells a whole different story. Only God knows what will happen to this pair. Tee tee. Best of luck! Riz.
Wish you all a happy new trading week. Well...lots of fundamentals this week and we are starting with the NZD first. I will be covering the forecast of the NZD pairs that include NZD/USD, NZD/JPY, NZD/CHF and NZD/CAD. Let's start with the big guy, NZDUSD! The forecast of this pair was highly debatable in the recent weeks.However...it came down to this. The pair...
Other pairs like EURNZD, EURUSD, EURAUD are down as well...due to week EU data. Can't expect much from this pair either. Almost all of the techicals suggest a sell. Best of luck Riz.
Well...have to say USDCAD is the 'friend in need' for US$. The Manufacturing data gave a much surprising boost to all the USDXXX pairs, exclusively USDCAD. The aftermath of such a sudden rise,which is a deep fall, is expected to come sooner or later. All techinals in the chart. Good luck.
After all those 'Long EU Long EU!!' calls....all hopes are down now. The ZEW survey results displayed an optimistic economical performance...but that's it. Nothing else to learn. Nothing else to hide. The GDP remained same whereas the Industrial production decreased by 0.1%. The rest of the EU data figures appear dull. All techinals are given on the chart. Happy...
Salute to GBP. This pair is a pair worth remembering through the week. It is all a matter of perseverance and a bitter a comeback. Hats off. We have insulted you very much. All dog has it's day...and today it's yours. The Claimant count reduced, which can boost the pair further. The much notable DXY fall made the pair more satisfying. It's time the economy shall...
All hail the fall of DXY! Well... the massive wings of $ has been finally cut off! Well...the excitement can be short lived; as the consensus of 0.5%, an increaseof 0.3%, of US Retail Sales coming fresh this Tuesday can inject some massive volatility in all of the USD pairs. If positive, we may expect a short rise, and then a fall deeper than the expectations of...