July 10, 2014
Yesterday, we highlighted NZDUSD was approaching 33 year highs of 0.8840. We traded up to 0.8835 on the back of USD weakness across the board, where the market saw selling pressure come in, pushing it down to 0.8800. Personally, i still feel we will break but the market may pause or need a further catalyst… View Article
July 9, 2014
9/7/14 (12.20pm). Gold markets remain confused at the moment as to which direction it wants to go and continue to trade sideways as investors await clear signs from the U.S. Federal Reserve that it is on path to raise interest rates next year. Gold gained another $8.00 this morning trading at $1324.50 before the release… View Article
July 9, 2014
Good morning. NZDUSD is approaching 2011 highs of around 0.8840, currently sitting at 0.8805. Stops are building up at 0.8850 and it certainly feels like we will test it, breaking which opens it up to 0.9000 first place. Traders should trade with caution here though as the central bank would like a lower NZDUSD, and… View Article
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