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Next Week Trading Plan

JonSnow Posted 19 Feb  in #Trader's blog #AUD #GBP #EUR #NZD #USD
Just reviewing charts and making the initial plan for next week trading, I can't help to notice that both AUD/USD and NZD/USD charts look like there is no more buyers at these high levels. And both pairs have reasons to fall much further as Australian dollar had a dubious employment data and new Zealand dollar was sold off because of very weak retail sales.
Considering the FOMC Minutes release coming this week my general plan is to go long with US dollar again. Most major pairs are expected to …
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Slow Trading Day

JonSnow Posted 20 Lug  in #Trader's blog #NZD
Not much action today in the forex markets, pairs are only moving in tight ranges up & down. Not much news ether and no important economic data releases are all supporting range trading.
The one exception was NZD which gained over 1% during the Asian session. Last week NZ dollar was the biggest loser, so no wonder it recovered somewhat from the multiyear lows. For sure this week we will witness more wild moves because of RBNZ decision coming in 2 days. I'm kind of thinking that a 0.25 cut is ne…
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Jignesh avatar
Jignesh 20 Lug

Noticed the same thing with NZD today.. it's been happening on little spurts of USD weakness over the past week or two...NZD tends to take the lead, but today was even stronger then GBP.  Still have a hard time take a long though..

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