ridethepig | NZDCAD Market Commentary 2019.10.19
ที่อัปเดต:
Here we are tracking a 5 wave sequence in the making for NZDCAD and AUDCAD. Commodity currencies are equally sensitive to global risk sentiment.
NZD coughed and struggled to take back 0.63x however with RBNZ Nov cuts overpriced and extended meaning gyrations in NZD x's are a lot easier to trade than CAD. The same flows are in play for AUD; looking for the 0.6725 support to hold with all eyes on the employment print.
For the flows, a break above 0.845x will increase confidence in bulls as short stops begin to cascade and unlock the ladder for the 5 waves. Expecting some further cleansing of NZD shorts this week.
Good luck all those in NZDCAD and AUDCAD, jump into the comments with your charts and ideas!
NZD coughed and struggled to take back 0.63x however with RBNZ Nov cuts overpriced and extended meaning gyrations in NZD x's are a lot easier to trade than CAD. The same flows are in play for AUD; looking for the 0.6725 support to hold with all eyes on the employment print.
For the flows, a break above 0.845x will increase confidence in bulls as short stops begin to cascade and unlock the ladder for the 5 waves. Expecting some further cleansing of NZD shorts this week.
Good luck all those in NZDCAD and AUDCAD, jump into the comments with your charts and ideas!
บันทึกช่วยจำ
A superb breakout here today บันทึกช่วยจำ
0.866x First Targets hit for the 3rd wave, a well done to all those who have been working the buy side !!บันทึกช่วยจำ
บันทึกช่วยจำ
We are crumbs away from completing the swing...tracking a final push for year-end.
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน