GBP AUD

February 20, 2020 Update

MONTHLY shows this pair has slowly moved up a bit but there are still no new targets for this month. The rsi and cmo have moved from the middle to just under the sell zone.

WEEKLY shows this pair has two targets. The first is at 1.90744 – 393 pips down from the current position and the second is at 1.86350 – 836 pips further down from the current position. The rsi and cmo is just sitting under the sell zone. A bit a patience should see this come down soon and hopefully reach the first target of 1.90744.

DAILY shows this pair has one target only at 1.91531 – 312 pips down from the current position. The rsi and cmo are in the middle trying to decide which way to go. A careful watch for a confirmed direction in trade is needed before committing yourself to a trade here.

EUR NZD

February 20, 2020 Update

MONTHLY shows this pair in an up movement at present trying to reach the first target at 1.72269 – 211 pips up from the current position and the second target is at 1.74569 – 439 pips further up from the current position. The rsi and cmo is just under the sell zone and seems to be pointed down indicating this pair might take a retracement down before it goes up to target.

WEEKLY shows this pair with three targets. The first target is at 1.72463 – 221 pips up from the current position; second target is at 1.65786 – 297 pips down from the current position; third target is at 1.65905 – 410 pips further down from the current position. The rsi and cmo is sitting just under the sell zone and looks like it is also pointed down to the buy zone. This would indicate this pair is ready to head down and should only be a retracement before moving up to hit the 1.72463 target.

GBP AUD

February 12, 2020 Update

MONTHLY shows this pair has not moved significantly on the monthly charts from the previous week. There are still no new targets and the RSI and CMO are in the middle but do appear to be headed down to the buy zone.

WEEKLY shows this pair took out the previous target of 1.93950. A current target is at 1.90744 – 155 pips down from the current position. There is a second target at 1.86350 – 615 pips further down from the current position. The RSI is just above the buy zone and appears to be ready to move up to the sell zone. The CMO is in the buy zone but is pointing towards the sell zone. It appears this pair will move up slightly until it reaches the sell zone and then heads down to 1.90744. A careful eye on these targets, RSI and CMO will be needed.

DAILY shows this pair has two targets. One at 1.95158 – 287 pips up from the current position of 1.92350 and the second target is at 1.91531 – 89 pips down from the current position. The RSI and CMO are in the middle but appear to be headed to the sell position. This pair should make a slight move up and once the RSI and CMO are in the sell position then should make a move down to the closer target of 1.91531.

EUR NZD TARGET TRADING

February 12, 2020 Update

MONTHLY shows this pair has two targets. The first target is at 1.72269 – 420 pips up from the current position of 1.68199 and the second target is at 1.74569 – 644 pips further up from the current position. The RSI and CMO are in the buy zone but do not appear to be ready to head up to the sell zone yet.

WEEKLY shows three targets. The first target is at 1.72463 – 432 pips up from the current position at 1.68142. The second target is at 1.67286 – 88 pips down from the current position and the third target is at 1.65905 – 228 pips further down from the current position. The RSI and CMO are hovering just below the sell zone and should be ready to head down to at least the closer target of 1.67286.

DAILY shows this pair has made a significant drop down taking out the previous target of 1.68642. The current target is at 1.70529 – 222 pips up from the current position of 1.68320. The RSI and CMO are in the buy zone, however, they are pointed strongly down, suggesting further down movement. The EUR seems to be in a slide at the moment with no end in sight yet.

GBP AUD TARGET TRADING

February 7, 2020

MONTHLY shows this pair has no targets appearing yet. The RSI and CMO are in the buy zone ready to move up to the sell zone.

WEEKLY shows this pair has 3 targets at 1.90744 – 181 pips down, 1.86350 – 623 pips down and 1.84489 – 797 pips down from it’s current position. The RSI and CMO are just below the sell zone and should move down once it completes going to the sell zone.

DAILY shows this pair has a target at 1.95158 – 262 pips up from it’s current position. It has two targets at 1.91531 – 94 pips down and at 1.90100 – 236 pips further down from it’s current position. The RSI and CMO have moved down to the buy zone and is sitting just above it.

EUR NZD Target Trading

February 7, 2020

MONTHLY shows this pair has 2 targets at 1.72269 – 208 pips up and 1.74569 – 446 pips further up from its current position. The RSI and CMO have left the buy zones and are on their way up to the sell zone

WEEKLY shows a target at 1.72463 – 228 pips up from its current position. It also has 2 targets at 1.67286 – 289 pips down and 1.65905 – 434 pips further down from its current position. The RSI and CMO are sitting just below the sell zone and should move up to the sell zone soon.

DAILY Shows this pair has 2 targets. One target is at 1.70529 – 38 pips up from the current position and 1.69344 – 82 pips down from the current position. The RSI and CMO are sitting just below the sell zone and should move up to the sell zone soon.