NZD/CAD - one more Kiwi pair with retracement potential
[NZDCAD monthly]
Posts
NZDCHF - Ripe for a retracement?
NZD is still the highest yielding major, so holding this pair a few weeks might not hurt. [NZDCHF weekly]
Are these levels going to provoke a reaction on EURNZD?
After the massive rallye of over 2000 pips, I am shorting EURNZD for a reaction in direction of the long-term trend. [EURNZD monthly] [EURNZD weekly]
Small caps looking weak
Uuups, Russell 2000 looks like it wants to roll over: Very bearish candle into the bottom of the MAs. So far just a warning sign, but you know, May is coming...
GBP/CAD: Trend continuation or more downside pressure
Interesting situation in GBPCAD. Long-term the pair is pointing up, but recent weeks have brought substantial downside pressure. We are now coming into an interesting zone where I will position myself for a reignition of the uptrend. Update 16.04.2015 The 161.8% extension on the weekly has completed. I am entering here, chances should be good.
DAX overheated?
With the DAX reaching the 261.8 extension of the "inside" leg, it might be time to tighten the stops and lighten up positions.