TECHNICALS EURUSD has formed a 6 month rising wedge pattern. This pair has also recently formed the right shoulder to the 15 month head & shoulder pattern. Superb deceleration on the daily Stochastic RSI A small deceleration on the daily MACD. Lastly, looking at the 2 year long term trend we see that this pair is clearly in a down trend. FUNDAMENTAL Although...
The Dxy has stalled at the 93.120 support level even after the Price pushed down towards the 92.00 TVC:DXY
The AUDNZD is approaching a long term technical setup. As seen on the weekly, a two head and shoulder pattern have begun to take place at around the 1.2700 resistance level AUDNZD *** This trade is only being considered as a purely Technical setup *** Trade Summary: Entry : 1.12000 Stop: 1.19000 Target : 1.0000