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EURNZD Daily
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The gap may push price lower for AUDCHF
Early in the morning, RBA verified Interest Rate to 1.5% according to the market expectations. On the other side, Swiss Consumer Price Index declined to 0.9% (Previous: 1.1%), lower than the estimations. Reviewing the weekly technical aspect, AUDCHF has been moving upwards since mid-August following the trendline (T2), as well as the pair has respected […]
GBPJPY Daily Trading Plan
This analysis may give two potential trading setups by providing entries as well as exits. We keep it really simple and straightforward. Always review your own analysis, if there is a confluence between this and your own strategy, then you may have even better trading setups. On the chart, two levels indicate the BUY (green) […]
RBA delivered the well expected rate cut, AUDUSD dropped on the announcement, but recovered all the losses
Good Morning , – Risk overall continued to recover. EURUSD rallied to 1.2543. RBA delivered the well expected rate cut, AUDUSD dropped on the announcement, but recovered all the losses and even rallied higher after the cut (range 0.9715- 0.9790). Markets will wait for any details from the G7 conference call (likely to be held […]