This currency pair tanked 25% in 2014.
In 2015, traders were expecting further price decline, and guess what?
It ranged.
The interesting thing is, I’m starting to see some cracks in this currency pair which are providing a shorting opportunity.
So, watch this week’s market analysis below
This Currency Pair Has ‘Fooled’ Most Traders
I hope you’ve enjoyed this week’s market analysis. As always, comments are welcomed and encouraged. Cheers!
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Thanks Rayner for your clear analysis.
You’re welcome Juan 🙂
Don’t hesitate to let me know if there’s anything, I’ll be glad to help.
Rayner
hi rayner,
The most real thing is the stock price vs volume for chart analysis , can you talk about price action vs volume trading strategy .
thks®ards,
Hi Teen Fook,
I don’t use much volume in my trading.
If you’re interested in volume, you can google ‘volume spread analysis’ to learn more 🙂
Let me know if it helps!
Rayner
Yes Rayner very good analysis….I will be watching for a possible pull back to the neckline for a possible short entry…..Thanks for sharing
Hey Ron,
Thank you, I’m glad it helps.
I hope to hear more from you in the near future bud 🙂
Rayner
Hi Rayner,
Thanks for your analysis. For NZDUSD pair, you will use H4 2xATR to setup your SL or use Daily 2xATR to setup your SL?
Hi Ken,
I use 2 ATR on my entry time frame, which is the 4 hour chart.
Hope it helps!
Rayner
The last week has yielded another short opportunity at the 50 ema for EUR/USD
Hey Jeff,
Yes that’s right. I’m currently short the EUR/USD as well.
Cheers
Rayner
Thank you Rayner for sharing this analysis 🙂 🙂
Shlomi
Hi Shlomi,
You’re welcome!