
Please try another search
After a strong and five-legged decline in 2015, GBP/NZD started to trade into bullish, however overlapping, trading out a W-X-Y corrective structure for a higher degree wave B). We see price now at possible resistance and reversal point, at 2.15/2.20 zone, where the upper corrective channel line, and the various Fib. ratios (50.0 and 61.8) can slow the bulls down, and push price into a new higher degree bearish cycle.
A strong drop, and in five legs, also below the 1.935 level, and the lower corrective channel line would be bearish for the pair.
An aggressive fiscal spending proposal by Germany has attracted bullish animal spirits into EUR/USD. A significant rally in the longer-end German Bund yields is likely to alter...
USD/JPY trades heavy despite widening yield differentials Non-farm payrolls loom large as traders focus on the unemployment rate. Mixed signals in data could see choppy trade,...
US Dollar Key Points Traders are starting to price in the potential for outright contraction in the US economy. Meanwhile, Germany’s announcement of a €500B infrastructure and...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.