NZDUSD – Has been messy since mid-Oct and I do not see that changing anytime soon. Effectively will be range bound b/w 81 and 85 cents, should be lower though, towards 77¢.
Resistance: 8475/8535/8607
Support: 8190/8131/8100
USDCAD – Has chopped about in December as the Greenback and Loonie both gain strength. The US will win though so be looking for long opportunities.
Resistance: 8475/8535/8607
Support: 8190/8131/8100
USDCAD – Has chopped about in December as the Greenback and Loonie both gain strength. The US will win though so be looking for long opportunities.
Resistance: 10673/10830/10985
Support: 10560/10420/10195
USDJPY – As mentioned above, the US dollar is strengthening and the ¥ is weakening. Central Bank http://vttrader.smartforextrade.com/ and government policies from both sides indicate that this trend will continue, so like the Loonie, look to buy any dips.
Support: 10560/10420/10195
USDJPY – As mentioned above, the US dollar is strengthening and the ¥ is weakening. Central Bank http://vttrader.smartforextrade.com/ and government policies from both sides indicate that this trend will continue, so like the Loonie, look to buy any dips.
Resistance: 105.57/108.35/110.50
Support: 103.34/101.65/100.00
GOLD – Retested support and recent lows of 1180 last week, and is now back on its 50ema. It is getting harder and harder to read this commodity but I would be looking to short it as the US come out of the wilderness and tame the inflation fears.
Resistance: 1265/1,307/1,350
Support: 1,225/1,180/1,040
Support: 103.34/101.65/100.00
GOLD – Retested support and recent lows of 1180 last week, and is now back on its 50ema. It is getting harder and harder to read this commodity but I would be looking to short it as the US come out of the wilderness and tame the inflation fears.
Resistance: 1265/1,307/1,350
Support: 1,225/1,180/1,040
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