Trade of the day No.8. Sell EUR/NZD after head and shouldersPlus positive overnight swap means you benefit from being patient.
Take care of volatility though leading up to end of year and Fed raising rates.
Tradeoftheday
Trade of the day No.7. Sell AUDUSD as MACD rolls overMacd rolls over as price approaches mid range support. A drop below this opens up the price to stronger support. A drop below this and we are looking at a mid .60 handle.
MACD is one of the most reliable indicators that is extra strong when used in the context of other indicators.
Trade Of The Day No.6 Sell $USDZAR.It seems the finance minister has been abruptly removed. Replaced with a little known politician. The rand seems to have dropped significantly, more so than reasonable and so I would say its devaluation is overstated. The fundamentals remain the same.
