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Hi guys,
Will be posting all Australian and New Zealand session wraps.
Hope you enjoy reading, we like to interact. Ask us questions, we are a big team of analysts. Happy to respond and talk to everyone :)
Thanks for your read :D
I spend a lot of analytical work before the opening of transactions, because I try to share my knowledge on the forums. The basis of the analysis I use the theory of Elliott. But I never guided by only one confirmation of the forecast. I believe that the way to forecast accuracy is through the...
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I want to share all my technical analysis with all of you and I really appreciate all your comments and opinions, thanks in advance.
Link to my blogs: Click HERE
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I suggested in my previous [URL deleted] that the market could be correcting lower. This was based on both technical and sector analysis. On February 25th I wrote: over the last six trading days the money flows have been once again favouring the Utilities and Health Care sectors...
Traders Buy the USD as the US Core CPI Came in at +0.2%
After a couple weeks of low volatility the EURUSD moved lower yesterday driven by the US inflation figures. The core CPI (change in the price of consumer goods and services excluding food and energy) rose by 0.2% instead of 0.1% expected...
GBP continues decline towards 1.50
1 Hour Intraday Trading
Weaker than expected UK Construction data helped the high flying Dollar push the Sterling lower on the intraday chart, reaching a low of 1.5160 against the Dollar on the wake of the New Year. The 1 hour chart below shows us that the...
The best performing currency during Thursday’s Asian session was the Australian dollar which jumped against its US counterpart after strong Australian business spending data. Private Capital Expenditure increased by 3.6% quarter-on-quarter despite expectations for a decline by 1.1%.
AUDUSD...
EUR/USD - European Session:
The pair is trading weakly and in a limited range below the previously broken bullish harmonic support and below the first target of the AB=CD bearish harmonic Pattern. Therefore, the bearish possibility is still valid supported by Stochastic. Breaking 1.3465...
The yen remained under pressure in Friday’s Asian session after being pushed lower by Bank of Japan Governor Kuroda who appeared before the Japanese “Diet Committee” to talk about monetary policy.
He reiterated the Bank of Japan’s commitment to undertake necessary policies to fight...
Focus is on the FOMC minutes that are due later this evening, which will be a key driver of the US dollar. During the European session the dollar was mixed, as markets digested yesterday’s comments by Federal Reserve President Ben Bernanke who reiterated the Fed’s continued stimulus program was...
AUD/USD should continue falling based on a technical research made on AUD/USD. China is expected to post weak figures, catalyzing the down risk in the pair. The RBA may also slash rates next month, another reason why AUD should conintue its course to parity. Long Live the US Dollar :)...
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Hi,
Look to buy the Euro on dips i mean on lows.. as the fundamentals showing that eur will be looking to edge higher atleat in the European sessions. Only in the us sessions a bit of consolidation is possible and this is dependent on the market sentiments.
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