NZD/USD: is NZD really strong?

NZD/USD: is NZD really strong?


BUY 0.669 SL 0.6635 TP1 0.679 TP2 0.6815 TP3 0.6865

BUY 0.661 SL 0.6555 TP1 0.671 TP2 0.679 TP3 0.6815

On the daily chart of NZD/USD, there is an implementation of the "Shark" pattern. The pair has almost reached the 88.6% target. To reach it and continue the upward movement, the pair needs to stick above $0.6742 (61.8% of the longterm upward wave).


On H1, the pair has been reaching 88.6% and 161.8% targets of "Shark" and "Crab" patterns. Pullbacks to important supports at 0.669 and 0.661 can be used to buy.  



XAU/USD: a short-term trade

Last week XAU/USD recovered 38.2% of the November decline. However, the advance of gold was limited by the declining 50-period MA on the H4.

Latest news

The outlook for the GBP

The British pound has been enjoying itself versus the other major currencies during the past weeks. WIll the advance of the GBP continue?

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