“It took me several years to become consistently profitable. I had the great misfortune of making a lot of money quickly and thinking that I knew what I was doing. I did not. I lost all the ...
NZD/USDThe NZ dollar has been resting in the recent trading days, after the rally that started on the end of the previous month. It is now moving between the 200 SMA at 1.037 and the 50 EMA at 1.02 ...
“If you are expecting the market to rise, the risk is relatively small and you are seeking substantial long-term wins. If you are expecting the market to fall, then you would have to wait ...
NZD/USDThe NZD, alike other major currencies, started rising when Wall Street stopped falling. Two weeks ago, it reached the weekly support at 0.746 and the buyers showed up around these levels. Since...
“There are no formulas, no strict parameters -- just trading what you see… In truth, it would be a lot easier to let the charts tell the story.” – Joe ...
Currently the cross is @0.7674. The cross has hit the .500 Fibo and the R4 target to the upside and now sitting just above the 0.618 fibo. If this area is broken expect a move to the R3 ...
EUR Drops on Speculation of Interest Rate Cut by the ECBThe EUR dropped ahead of today's ECB meeting as investors speculate the European Central Bank will cut interest rates to encourage growth in the...
The 0.7502 level is being tested in the NZDUSD. This is the trendline which extends from the lows in June 2010. The price is currently below that level now and is testing the low for...
The USD has made modest gains against all of the majors in recent trade after Spain’s Salgado made comments that the Greek rescue package will not be increased and S&P warned of a double dip...
Well, if Reserve Bank of New Zealand (RBNZ) Governor Alan Bollard is to be believed, it is! According to the central bank head honcho, New Zealand is in a "reasonably sweet sort of spot" with regard ...