NZDUSD Weekly Short set-up

10 juin 2016

I believe that NZD's interest rates will get lower or stay the same; and the USD's rates will rise on a weekly basis. But, I won't hold overnight too often because it is too expensive for now. I will take bite-by-bite out of NZDUSD on smaller time frames, like the daily and 4 hour charts. There will come a day when the US raises rates to 75 basis points that will offset the cost of holding a trade like this for too many nights. There are better opportunities out there for holding overnight.

I believe that resistance will hold and that there will be a move back down to 67 cents and some change.

10 juin 2016

Note

15 juin 2016

Trade fermée: cible de profit atteinte

1hour:

Details:
15minute:
3minute:

15 juin 2016

Note

Yellen, Yellen, Yellen. Going to read and relax today!

26 juin 2016

Note

My NZD index tell me that it is undecided of what it wants in the short-term (1 to 2 days). It could go one leg higher, piercing into more resistance. My bias is to the sell-side (with an open mind):


NZD could be affected by the US Dollar fulfilling its cycle and hitting its natural targets according to my B-HAPy pattern:

There could be more room upward beyond my targets. Given that people are flocking to the USA (Yeah!) for safety (into US bonds and treasuries), I think that, next week, if the sentiment continues, then the dollar and gold will keep on rising.

Waiting on the NZD index to give a clearer sign.

5 juil. 2016

Note

22 juil. 2016

Note

Monthly direction of my own calculated TWI New Zealand Currency:

22 juil. 2016

Note

That was monthly direction. Here is the daily direction for this currency: