Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
Daily Technical Analysis by Admiral Markets
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="Admiral Markets Group, post: 105899, member: 37217"] AUD/NZD stepping up the trend line AUD/NZD is in uptrend and traders are looking for new long opportunities on a pullback. New Zealand CPI is below expectations, there is also a possibility of a rate cut. Generally speaking, New Zealand is a smaller economy, it might eventually lose to trade agreements and currently Australia has more bargaining power and more diverse economy. Fresh AUD strength started after elections but we also saw commodities up in the past week. Technically AUDNZD is showing confluence within H3, 61.8, and ascending trend line. 1.0640-60 is POC zone and we could see now moment buyers. If the pair makes 4h close above H4 it should target 1.0740. H4 chart shows possible extension to 1.0770. 1.0600 should hold for uptrend scenario to be valid. [ATTACH=full]7813[/ATTACH] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…