FX Watch: Potential AUD/NZD Triangle Breakout on RBA Decision
Expectations are running high for another “hawkish hold” from the RBA, but what if they disappoint? Here’s a potential breakout setup I’m watching.
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Expectations are running high for another “hawkish hold” from the RBA, but what if they disappoint? Here’s a potential breakout setup I’m watching.
Read MoreSo the RBA isn’t expected to make policy changes in June. Will this lead to traders extending AUD/JPY’s June uptrend?
Read MoreOur forex strategists targeted the U.K. jobs update and FOMC statement this week for potential short-term opportunities to watch.
Read MoreAUD/CHF is struggling to pick a direction! Is it because AUD/CHF is ready for a bearish reversal? Or will traders extend its 2024 uptrend?
Read MoreNZD/USD got rejected from a previous resistance area! How low can NZD/USD go before it extends its weeks-long uptrend?
Read MoreGBP/AUD is struggling to find a direction after hitting a resistance. Will the pair extend a weeks-long uptrend in the next trading sessions?
Read MoreI’m seeing a neat tech pullback play on USD/CHF, but will this hold up during the highly-anticipated U.S. CPI release and FOMC decision?
Read MoreWill this week’s U.S. CPI report and FOMC statement bust USD/CAD up from its current range and extend a longer-term uptrend?
Read MoreWTI crude oil is in correction mode as it tests the confluence of resistance levels on the 4-hour chart. Is the trend still our friend on this one?
Read MoreGold (XAU/USD) is testing the bottom of a technical support area! Will gold bugs take advantage of the bargain?
Read MoreAbility is what you're capable of doing. Motivation determines what you do. Attitude determines how well you do it.Lou Holtz