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Various FX Minors

Medium term currency forcast on various FX minors: AUD/NZD, EUR/NOK, EUR/SEK, USD/ZAR, EUR/ZAR, EUR/TRY.

NOK/SEK Update: Breakout failure

A breakout failure has occurred. The rapid, fierce and certainly convincing return of the market below former pivots is a major sign of weakness...

GBP/CAD Update: Tighten stops

The long term outlook is slightly improving, or at least losing its bearish dynamics to a significant extend. The weekly trend is basing out...

EUR/NOK: Gunning for new highs

Buyers remain in the driving seat after defending the strong support around 9.4230 (cloud and trend line 2013). The market is pushing for new...

EUR/CAD Update: Moderately positive

The near term outlook is quite friendly after the successful breakout above the cloud resistance and trend line of March. A further recovery towards...

GBP/ZAR: Major buy

14 FEB 2018 - Still some pressure Sellers are returning in force after setting a peak against the solid 38.2% retracement level at 18.80....

EUR/ZAR: Major move

EUR/ZAR medium term outlook.

AUD/NZD Update: Neutral

There is no clear bias to either side. The lengthy trading range since early 2015 remains in play. Key levels come in at 1.1265...

USD/ZAR: More upside potential

Most secondary FX markets are under significant pressure. The South African Rand is no exception. Land confiscation with massive food shortages in the near...

NZD/USD Update: Considerable weakness

15 AUG 2018 The lower part of the weekly trading range at  0.6870 has failed to keep the bears in check. A full swing down...

GBP/AUD Update: Sellers return

Sterling is waning across the board. The outlook versus the Australian Dollar is particularly interesting for long term investors. Mid-May sellers triggered a new down...

GBP/JPY Update: Down trend continues

27 JUN 2018 Our earlier bearish forecast is developing nicely. Various support levels have been taken out, leaving the 135.55 and 126.65 levels as new...

CHF/JPY Update: Short-entry

Despite the very differing time frames, the developments (i.e. market phase) of the 420-minute intraday chart is about the same as the weekly chart....

CHF/ZAR Update: Correction ends

The drawn out correction of the past three years is coming to an end, thus resuming the multi-year uptrend (since 2005). Prepare for significantly...

EUR/NZD Update: Trading short

18 MAY 2018 Seller should make a push towards minimally 1.6160 over the coming days and weeks. Stops can be maintained relatively nearby, so risk/reward...

USD/NOK Update: Still decent potential

29 MAY 2018 There is a bit more upside potential after clearing the cloud resistance on the weekly chart. Near term targets at 8.1150 have...

AUD/CAD Update

A slight recovery is likely after the recent sell off. Such a bounce will not have an impact on the medium and longer term...

EUR/TRY Update: Free Fall

22 MAY 2018 The Lira is in free fall. Due to major risks (of collapse or (bizarre) intervention we strongly suggest avoiding this market is...

EUR/SEK Update: Deeper correction under way

21 MAY 2018 The support at 10.3650 has failed to hold the market. This means that the initial counter trend dip has turned into a...

USD/SEK Update: Trading short-entry

19 APR 2018 Growing divergence after hitting the weekly barrier at 8.5290 suggests sellers are returning again. Expect a breach of the trend line and...
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