Vladimir Site

Selling NZDUSD into gains preferable in the short term

daily-forecast The New Zealand dollar was crushed earlier during the Asian session against the US dollar. The main reason for the same was the dovish rate statement from the RBNZ, as they mentioned about the appreciation of the New Zealand dollar and possible intervention. I think the NZDUSD pair should continue trading lower at least towards the 0.8520 level. So, [Read more...]

EURAUD sellers to return after a minor correction

daily-forecast The Euro is trading lower against the Australian dollar, as the latter one was bid earlier during the Asian session. I think the EURAUD pair should continue trading lower in the near term. However, there is a chance of a small correction from the current levels, which can be seen as a sell opportunity in the short term. There was a bearish trend line [Read more...]

Negative signals indicate losses to extend for GBPJPY (extract from Weekly Market Forecast 21st of July 2014)

weekly-forecast The Japanese yen was seen trading higher against other major currencies, including the British pound during this past week. The GBPJPY pair traded towards the 172.60 support level. Currently, the pair looks like is under short-term correction. However, I think there is more room towards the downside in the pair and that is the reason why selling gains [Read more...]
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