The Aussie is in the same position as the New Zealand dollar and is looking for a short because it's at the top of the range. Again this supports the fundamentals for a strong dollar moving forward. With that said, I am looking to shore the Australian dollar against the recent hi for a profit of .6400 or even lower, maybe a retest of potentially .5500 over the...
The GBP/USD has met resistance and should resume its decline. This is consistent with the potential stronger dollar and poor fundamentals for the GBP, including the economic turmoil we expect to continue. Please like and comment if you like the trading idea. Let's Make some together. Dr. Lydia Smith
The Aud/Usd recently broke above the 100MA, and broke a new high and then retreated. However, the didn't break back below the .6500 or the 100 MA. This show buyers are ready to take the Aud/USd for a test of .66 or the 200MA. Please like, and comment. Thanks Let's Make Money Together. Dr. Lydia Smith
NZD/USD 4 hour is coming up out of oversold and is providing a buying opportunity. A weekly close here will negate my previous my previous weekly analysis. Happy Trading! Let's make money together! Dr. Lydia
The Usd/CAd is a correlation pair, that usually moves opposite to the Aud/USd and oil. Last week bullish candle stick and supported by 1.4000, the pair seems to be ready to test the 1.4500 over the coming weeks. As long as the pair stay supported by a daily close of the weekly low 1.3900. The pair stays bullish.
The New Zealand weekly close is looking at a shorts to test .57 the lower Bollinger band. The Macd on the daily crossed down for the first time since March 26. Hope this was helpful. Happy Trading! Remember to like, comment, follow, and share. Let's make money together! Dr. Lydia
After several failed attempts to the 100 moving average at .6550, the Aussie is making a turn. Daily Macd crossed day