"Okay AUD/NZD, Bank Forecasts derive from 1500 and 5 year averages, both are kissing at 1.2317, from 1.2317 its way oversold and has higher to go but many hurdles exist on the way up, 1.1392, 1.1345, 1.1326, 1.1267, 1.1262, 1.1227, 1.1215, 1.1203,…"
"I see your point Oasis and makes sense, my only concern is that if we do it monthly and only when a pair is approaching to a significant level, we will fail somehow to encourage members to share their view with the rest of us. I would like to use…"
"Intraday AUD/NZD is overbought, long tern it has far higher to go, its probably what's holding up AUD/USD from moving lower.NZD worked well because all NZD/ Anything was overbought and gave it room to to drop"
2. Do not come to fish traffic to your site; Do not come to get clients
3. Discussing is welcome; Lack of respect is unwelcome
4. Use English at All Times
Any trade recommendations/ideas placed in this site are not endorsed by FXstreet.com. Readers must make their own analysis and trade as per their own analysis, risk tolerance and money management principles.