by K-man | February 8th, 2018, 09:08:56 | Technical Analysis
Same levels to watch again After a fall out of bed on the back of weaker AUD retail sales and a better NZD employment report, RBNZ managed to to turn the ship around in some fashion with a 1% spike in the cross. Calling for inflation to hit target with 1-2 years delay...
by Horatio Dubsly | February 8th, 2018, 07:26:06 | Technical Analysis
Playing this with the AUDNZD as there is a clear resistance that needs to be cleared decisively for a further run higher . Taken a short below the resistance ( green line ) shown on the chart below. Trade posted live in the ForexFlow news feed. Not much more to...
by K-man | February 5th, 2018, 14:34:52 | Australia, Economic Data, Technical Analysis
So far the supports hold but … Last Friday I bought small AUDNZD into the 1.0830/50 support zone ( trend line, 200DMA and 50% fibo of the July-Nov run). For tonight I will watch it closely as the major test is underway. WE have RBA’s rated decision but...
by K-man | February 2nd, 2018, 17:55:56 | Technical Analysis
A 200MA, trend line and fib support could do the trick Simple picture watching on the daily : The 200 DMA comes in at 1.0848, the trend line as well and the 50% fibs of the July-November rise at 1.0832. Add to that a few tops and bottoms over the past months all in...
by Horatio Dubsly | January 26th, 2018, 11:26:02 | Sticky 4, Technical Analysis
The pattern has been kind with the turns around the trendlines. I picked out the pattern in a previous post and traded the swings. Price is trying to break to the upside. Several attempts have been made in recent sessions and we could be about to see a push...