Equity futures sank on Friday morning
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is now testing the Tenkan Sen level…
NZD/USD: dropping to September lows?
Information is not investment advice
The New Zealand dollar has been going down since Monday. It crossed the Moving Averages downwards, breaking through the ranges of 0.66 that were guarding October lows. Now, it is facing September lows.
On the H4 chart, we have 0.6550 supporting the price movement. Currently, the pair is testing this threshold, and noting the intensity with which bears have been dragging it downwards, it is pretty likely we will see that crossed. If and once we do, prepare to watch for 0.6530. But before – make sure you are also prepared for a possible reversal at 0.6550: to track it, watch the reversal chart and candlestick formations!
Gaspar Markosyan
Similar
USDJPY continues to be below the 110.00 area
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is trading within the cloud…
Gold exploded after FOMC meeting!
As we discussed in the previous article devoted to gold, the price is growing extremely fast after a dovish FOMC’s statement…
Popular
Time to Sell AUD
The Reserve Bank of Australia will hold a meeting on August 3. Analysts expect a dovish move, which may send the AUD down.
Equity futures sank on Friday morning
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is now testing the Tenkan Sen level…
USD/JPY: Take Your Profits
USD/JPY declined further during yesterday’s trading, reaching as low as 109.36, while our short signal from 110.20 is still active and is giving us over 80 pips.
Choose your payment system
