This pair not getting any love?
Key Reversal Day, yes, an actual trade, and check that retracement entrance, after the news
Today 1.08 and hitting ADR, possibly Europe can carry on with the task shortly
This pair not getting any love?
Key Reversal Day, yes, an actual trade, and check that retracement entrance, after the news
Today 1.08 and hitting ADR, possibly Europe can carry on with the task shortly
Sharp over 10 pip motion and also my position remains red. TP was discounted, and spreads have gone from here to the Moon.
Disgraceful.
It's rollover time, read about it on your broker site; do not ever get caught when the NZD news fits NY 5 pm near
How long can this roughly last? I mean, just how long until spreads return to normal?
Fairly fast, over the hour it should go back to normal. But like said, see large news, I saw that this pair jump 50-60 pips within a few seconds. You will need to watch out using all the NZ interest rate decision.
Everything turned out fine in the long run, my TP got struck, and spreads have returned to normal.
Good lesson. Thanks peeps. Cheers! ^. ^
AUD/NZD 1.0680
Breaking news : Shadow Board says RBNZ should embrace tightening bias.
Having noticed the hottest info it seems logical .
Australia on the other hand ought to be adopting a loosening bias.
Budget tonight for Australia. A lot of fluff expected but actually the govt have done nothing for economic turn around.
Building blessings yesterday had a massive drop and this will affect employment as land is just one huge business here. ANZ job ads were up. No visibility on what industry .
Muddy waters with Australian data . .
AUD/NZD trending lower and I think we might have another challenge in parity
Plus it just keeps getting worse with the most recent retail sales amounts for Australia .
IF authorities might actually correct the economy, do not you believe they would have done it by now?
AUD/NZD @1.0735
So that the market sells off NZD about the rear of not increasing rates ?
Fundamentals unchanged so seem to sell AUD/NZD on this rally. Its a squeeze.
Interestingly they emphasize petrol and food as volatile items towards inflation.
That was the same equation Australia's CPI was affected by.