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Is the weakness of the New Zealand Dollar, is only the beginning of a long journey down to lower destinations

New Zealand Dollar Technical Analysis Forecast Friday’s nonfarm payrolls will yield the usual influence on forex markets as investors look to this key data for an indication of the future path of monetary policy in the US.  Figures for March were a big disappointment – 98,000 was well below the recent average. However, so far that has not dissuaded the…

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How will the markets react to NFP after high expectations

MARKETS FORECAST TECHNICAL ANALYSIS yesterday The rally in the markets reversed toward closingDowjones surged initially on strong ADP employment and reached high . But the index then reversed to close down, The hawkish FOMC minutes are seen as a factor weighing on sentiments. But more importantly, House speaker Paul Ryan’s comments on tax reform further reduced market confidence on US…

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What an interesting pattern is created in the Turkish Lira

Turkish lira Price Technical Analysis Forecast update Long time no speak about usdtry – it’s about time to take look on this pair, let’s test and review the Turkish lira momentum From my last post, I wrote couple scenarios The first option – breaking area of 3.82-3.86 will lead the usd try to cope with + 4.10Option Two: Amendment to the…

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What would happen to the Pound tomorrow in Brexit?

pound sterling analysis after Brexit  Brexit – countdown to the UK’s historic EU breakaway will begin on Wednesday March 29, 2017, Theresa May informed the European council that she will trigger article 50 on Wednesday 29 March. Reasons Brexıt was listed on the board of GBPUSD It is impossible for Britain to leave the EU until Article 50 is triggered…

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