Weekly Analysis : 23 – 27 Dec 2019 : NZDCAD

WEEKLY FOREX ANALYSIS NZDCAD 23 December to 27 December On the fundamental side, Bank of Canada Governor Poloz repeatedly said in the past that the central bank would hike interest rates when the macro-data indicates it’s a must. Only in August, Canada has beaten all...

Daily Analysis : 24 Dec 2019 : XAUUSD

DAILY FOREX ANALYSIS XAUUSD 24 December Timeframe H4 and H1As mentioned earlier in my post. I have noticed that a very big buyer has been hiding within the recent price action of XAUUSD. The buyer has shown his momentum today by breaking out a 2 week consolidation...

Weekly Analysis : 23 – 27 Dec 2019 : USDCAD

WEEKLY FOREX ANALYSIS USDCAD 23 December to 27 December Timeframe Week AnalysisThe Canadian Dollar was held to a tight range in 2019 versus the US Dollar, amid a flurry of conflicting fundamental and technical themes. While little progress was made compared to the...

Weekly Analysis : 23 – 27 Dec 2019 : AUDNZD

WEEKLY FOREX ANALYSIS AUDNZD 23 December to 27 December Timeframe Week AnalysisWe can see that AUDNZD has been in a down channel end of September 2017 to current, with 3 retest of the top of the channel and 2 retest at the bottom channel. From January 2019 to now, the...

Weekly Analysis : 23 – 27 Dec 2019 : GBPNZD

WEEKLY FOREX ANALYSIS GBPNZD 23 December to 27 December Timeframe Day AnalysisFrom late July to mid October, buyers have been in command during this period and prices were consolidating till Mid December, when the recent news cause a major hike followed by an almost...

Daily Analysis XAUUSD 23 December 2019

For the entire week, XAUUSD has been consolidating. The sellers have been showing signs of weakness on the 20th December, on the 23rd December, there is a high chance that XAUUSD might break the tight consolidation (orange triangle). and get rejected at 1482.827 I...

Weekly Analysis : 23 – 27 Dec 2019 : NZDUSD

WEEKLY FOREX ANALYSIS NZDUSD 23 December to 27 December NZD has gained some strength over the past few weeks. However, NZD/USD struggles to retain the advance from the monthly low (0.6424), and recent developments in the Relative Strength Index ( RSI ) warn of further...