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Very fine post, excellent analysis. Thanks.
really nice charts, excellent analysis and solid TA.
great piece, Naufal. thanks for it.
The impending market implications of military confrontation with Iran and the middle east in general - which looks increasingly likely - is the big monkey wrench in any market trend prognostications going forward. Especially concerning crude.
These are hazardous times for any trader to call.
The Technical case for a turn around in the EUR/AUD is clear, but I am still trying to wrap my head around the story. A pause in Austrailian rate hikes helps make the case for a turn around. But, it seems to me that increased risk aversion would be bad for the Euro given that they have Greece, Spain, Portugal and Italy. Do you see fear shifting from these countries and into other countries?
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