Looking to open new short positions against weakest currencies (AUD, NZD, CAD, GBP) by the opening of the week, month, quarter and semester we are now hesitating between selling them against the Swiss Franc (CHF) or the Japanese Yen (JPY). Now the question that arises is, which of the two is the strongest and expected […]
AUDCHF Is A Compelling Short From A Long Term Perspective
Weekly EURAUD Bull Candle Taking Shape
EURAUD Has Massive Upside After It Broke Above 9-Year Resistance
Breakout Above 9-Year Resistance On 28 Feb we identified a major breakout on the EURAUD forex pair and commented the monthly price chart with: The pair broke out above a nine-year falling resistance (blue line) and has traded within a narrow range for the last three years similar to what happened from 2005 to 2008. […]