Across the board, the Australian Dollar still seems to be ready to outperform most if not all other major fiat currencies. While AUD might be very strong as expected, it will likely outperform AUD as well, sending AUD/USD price up, at least in the medium term. Disclaimer: The analysis presented in this article is […]
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Along with many AUD pairs, AUD/NZD is expected to rise. The wave up might start either today or early next week. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a Free […]
The EUR/GBP downside correction might be starting very soon, but only if the price remains below the recent high at 0.9078. The closer price gets to that key resistance, the better the Risk/Reward ratio can be obtained. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered […]
Previously we had few CHF related ideas, on AUD/CHF and NZD/CHF. All of them are pointing out in the direction of the weak Swiss Frank, and CAD/CHF is not an exception. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was […]
The EUR/NZD long term downtrend should be expected to continue, along with many correlated pairs, such as CHF/AUD, CHF/NZD, and EUR/AUD. This Monday these pairs could have touched key resistance levels and as long as they hold price should move lower. On the EUR/NZD, this price was 1.7507, and as long as pair trading below, […]
The EUR/AUD pair seems to have entered a consolidation phase because the price is currently within the 1.6260 – 1.6330 range. Although considering the current price action, the probability is in favor of a downside move, which might occur within 48 hours. Disclaimer: The analysis presented in this article is for educational purposes only […]
Overall EUR weakness might start pulling EUR/GBP down, which should be a short to the medium-term price drop. Current rejection of the Fibonacci resistance as well as Moving Averages just confirms bearish domination. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This […]
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Overall, the EUR is starting to look weak across the board, which might not only affect the EUR/JPY but other EUR related currency pairs. The long term trend remains bearish, and while the price might not produce a new lower low, stong pull back down should be expected. Disclaimer: The analysis presented in this […]
