Hey, guys! I'm Back π So let me tell you about the NZD.. Last week the Kiwi got a boost from the RBNZ. Going into next week, if the market turns #RiskOn the NZD should remain supported π #FX#Forex#ForexTrading#ForexSignals
Hey, guys! I'm Back π So let me tell you about the NZD.. Last week the Kiwi got a boost from the RBNZ. Going into next week, if the market turns #RiskOn the NZD should remain supported π
#EURUSD 'ECB holds rates at historic lows as Mario Draghi waves farewell to Frankfurt' - CNBC
Nothing really new here.. but we could still count on Draghi to give us his last dovish stance π
#AUDJPY buy on dips, next week.. Here's why:
* US-China Love
* AU Full-Time Employment, better than expected
* RBA odds for a cut at the November meeting decreased to 19% (from 41%)
What can go wrong:
* US-China discouraging comments
* Dovish RBA rhetoric
@FXwith I respect your opinion.. but US China positive developments and a better than expected full-time employment, last week actually decreased the rate cut odds (which supports the Aussie). It's not me saying, it's the ASX futures π
#AUDNZD buy on dips, next week.. Here's why:
* AU Employment, better than expected
* RBA odds for a cut at the November meeting decreased
* RBNZ Deputy Governor Bascand signaled a need for lower rates
What can go wrong:
* Dovish RBA rhetoric
* Bullish RBNZ commentary
#AUDUSD buy on dips, next week.. Here's why:
* US-China Love
* AU Full-Time Employment, better than expected
* RBA odds for a cut at the November meeting decreased to 19% (from 41%)
What can go wrong:
* US-China discouraging comments
* Dovish RBA rhetoric
* Very strong USD
#XAUUSD Quick Update on the Gold Short: There was actually an opportunity that I take yesterday on the rejection of a Daily resistance.. However, with the #Brexit vote tomorrow.. I don't think I'll be holding for long.. Let's see how price reacts from here π
#AUDJPY update: Out at break even.. Since I'm not sure about this trade anymore - after what happened overnight - there's no point in holding it.. I can always re-enter on more positive headlines #bettersafethansorry