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Other AUD & NZD Pair Discussions (GBPNZD, EURAUD, AUDCAD Etc.)

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Hi,

 

Seeing the increase in posts on various currency pairs, we have decided to start generic threads, this one being for less traded AUD & NZD pairs.

 

All items related to these pairs should go in here, *unless* there is a specialized topic or question related to them.

 

We will err on the side of caution and assume discussions on the pair should be in this thread.

 

I hope this will keep the forums clean, discussions coherent and synchronized.

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AUDCAD - is hammer a threat to head and shoulder break-out?

 

Audcad price completed a hammer today against S3/S4. Until bears can get through S5, the break-out from the head and shoulder mentioned in previous analysis remains vulnerable to a reversal and the hammer forming in this support area could spell danger for the bears. However, as long as price remains below pivot, the bears have the advantage and therefore for now, any bullish move below pivot will be treated as a mere retracement in a bearish market. Should price close above pivot, the bulls will be back in the drivers seat. See chart for pivot and relevant targets.

 

I am in a sell in both my vollatility101 strategy and onepipatatime strategy. I have also put in a buy on my onepipatatime strategy at the close of today's hammer.

5aa711963a939_audcaddailyanalysis.thumb.png.4eaeeb5e2eeda15461d2120c94ebb66d.png

5aa711963e90c_openfloatingpositions1.png.0060545566364c02ac0573353ded6ee7.png

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EURAUD - hanging man causing huge retracement to the downside

 

After completing a hanging man on 12/28/2012 against R6, price has plummeted post fiscal cliff vote and is currently testing R2 in what is proving to be a huge retracement to previous bullish move. As long as price remains above pivot, the bias remains to the upside and therefore this move down can at this point, only be considered a pullback for another push up. See chart with pivot and relevant targets below.

 

I banked a good profit of 306.2 pips on a buy and am currently in a sell with a floating profit which I entered at the close of the hanging man.

euraudanalysisdaily.thumb.png.39ee1591ac77fdf6c035af0a3ad63ac3.png

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GBPNZD - dark cloud confirmed

 

Price completed a dark cloud on 12/27/2012 against R2 and today this pattern was confirmed with a close below pivot. This means that bears have once again gained the advantage and should price remain below pivot, the S1 cluster is the first target. Potential huge move!!! See chart below for pivot and relevant targets.

 

I entered a sell at the close of dark cloud and this trade has a floating profit at the moment. I have banked two buys, one profitable and one at a loss with overall profit between the two and have also entered a new sell at the close of confirmation candle today.

gbpnzdanalysisdaily.thumb.png.ab615687b214feab0dbd1aa16de0f1bd.png

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AUDCAD - is shooting star going to dominate hammer?

 

In my previous analysis I pointed a hammer out and asked the question whether this hammer was going to be a threat to the bearish bias.

 

Since hammer formation, price has repeatedly tested S1 without success and finally completed a shooting star against S1 on 01/03/2013. So far this shooting star is holding its ground sending price down. Pivot has moved down to 1.03751 (the high of shooting star) and as long as pivot holds, the bias remains to the downside; however, it is also important to note that until price can drill all the way down through S5, the possible H&S target illustrated on chart is going to be a difficult one to attain. Should price manage to close above pivot, then bulls will have the advantage again.

 

I trade two of my own strategies called "vollatility101" and "onepipatatime". Currently I am in a sell on "vollatility101" which I entered on the break-out of head and shoulder and I am currently in a buy and sell on "onepipatatime". I entered the sell with the completion of previous Dark Cloud illustrated on chart and I entered the buy with the completion of hammer

5aa71199b98b4_audcaddailyanalysis.thumb.png.a41597d25773687e1a23fa615e3c44e6.png

5aa71199bce31_vollatility101audcadopentrade.png.fcffce794561854aca57ef8efbc66733.png

5aa71199c0577_onepipatatimeaudcadfloatingtrades.png.60439e8ef8b1c68c83f6b36e8d0943bf.png

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EURAUD - hammer on .236fib - does it mean anything?

 

Price completed a hammer yesterday on .236fib; however, there is no support in sight besides the fib and if a fib isn't undergirded by a support or resistance it doesn't have as much punch to it. The reason why this hammer is mentionable however, is because price is still above pivot which means the bulls do still have the advantage in spite of sharp retracement to the downside as long as price remains above pivot. See chart below for pivot and relevant targets.

 

Because bulls still have the advantage, I have entered a new buy on "onepipatatime" after banking profits on a previous buy. I am also in a profitable floating sell on this same strategy at the moment.

 

I am currently in a sell on "vollatility101", trading the retracement and will hold that sell until I get further confirmation on a buy based on the hammer.

euraudanalysisdaily.thumb.png.5dfa5bd4c60a4e248ebedcc96c07d60d.png

5aa7119aca898_vollatility101euraudfloatingtrades.png.919e143fa055abb4056147b6ebd0ce70.png

5aa7119ace61e_onepipatatimeeuraudfloatingtrades.png.e9f51a108d2bb760f6c490a429770089.png

5aa7119ad242c_onepipatatimeeuraudclosedtrades.png.0c61ab55f94746516fa4cb3b86eee37e.png

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WOOHOO - GBPNZD has reached its first target!!!!!!!!!

 

After completing a confirmation candle to the dark cloud formed before that price has plummeted all the way down to first target (S2) and still going. Don't you just love it when a pattern comes together? See chart below for pivot and relevant targets.

 

I am currently in a sell on vollatility101 and onepipatatime. You can sign up to free signals here. See trades below:

gbpnzdanalysisdaily.thumb.png.fd1a06dce88e07bdbbca01938554c8be.png

5aa7119bad253_vollatility101gbpnzdfloatingtrades.png.34c28fe8644812bff04eafe502b14a98.png

5aa7119bb01c9_onepipatatimegbpnzdfloatingtrades.png.4fd72892489540f799268b58445966ef.png

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AUDCAD - shooting star negated - hammer rules!

 

For a while now, I've been asking the question whether the hammer formed on 12/27/2012 was going to be a threat to the head and shoulder break-out and more specifically to the shooting star that formed on 01/03/2013. Well, the verdict is out - hammer rules!!!! Price closed above high of shooting star and pivot yesterday leaving the bears in the dust. This is the wonderful thing about pattern trading. They terrific when they work and they're terrific when they fail because you have a predefined stop and when they fail, it's a powerful signal to get in the other way. See chart below for pivot and revised targets.

 

I had a sell running on onepipatatime based on dark cloud and on vollatility101 based on shooting star and both were taken out for a loss. At the close of yesterday's candle, I entered a buy based on the failure of the shooting star on vollatility101 and I was already in a buy on onepipatatime since the completion of the hammer. See trades below.

5aa7119c9ba50_audcaddailyanalysis.thumb.png.dc461f3cb41722f8c5497b64bbecd5e7.png

5aa7119c9ed24_onepipatatimeaudcadclosedtrades.png.7a219f32be3a1ffc2c8e7cd882d1c369.png

5aa7119ca1c2f_onepipatatimeaudcadfloatingtrades.png.8d0b90cbbec2baa9b8c7bb9b472d81b8.png

5aa7119ca4b3a_vollatility101audcadclosedtrades.png.5b8eb17f5a1d86d3065df22f82b4639f.png

5aa7119ca7d4e_vollatility101audcadopentrade.png.9e42f2cbec0e292b135f22652784a54d.png

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EURAUD - bullish engulfing sends price soaring

 

Price completed a bullish engulfing pattern yesterday, confirming the hammer which was formed on 01/07/2013 mentioned in previous analysis. Because this hammer formed on a weak support, it was challenged and the low was penetrated temporarily; however, it held its ground leading to the completion of bullish engulfing yesterday. See chart below for privot and relevant targets.

 

I banked a profit on previous sell on vollatility101 and am currently in a floating profit based on a buy I entered at the close of bullish engulfing yesterday. See trades below.

 

I also banked a profit on previous sell on onepipatatime. My buy that I entered based on hammer was kicked out for a loss when price penetrated the low. I re-entered buy at close of bullish engulfing and this trade is in floating profit right now. See trades below.

euraudanalysisdaily.thumb.png.0f86fda70c8e60bb14a1e15830f076e4.png

5aa7119e4999a_vollatility101euraudclosedtrades.png.4b9d6417e086a6061b6ad02051b3dd79.png

5aa7119e4c8b8_vollatility101euraudfloatingtrades.png.4b0c7536aa5fd9006fbe19f87fae65ef.png

5aa7119e5010f_onepipatatimeeuraudclosedtrades.png.c2b20c6ade106ad5a32f7b20369784e0.png

5aa7119e52f17_onepipatatimeeuraudfloatingtrades.png.4573a0e24d0b806e27c63612e210d3db.png

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AUDCAD - is dark cloud merely a retracement or a reversal signal?

 

After completing a dark cloud formation, price has been bouncing off pivot to the upside ever since but staying below R1/R2 which gave rise to the dark cloud formation. Pivot is still at 1.03751 and as long as price remains above pivot, the bulls have the advantage and therefore for now, dark cloud can only be treated as a retracement in a market with a bullish bias. However, bulls need to gain momentum above R3 to get out of the grips of a triangular consollidation which has held the market hostage since November in some form or fashion. Should we get a close below pivot, then dark cloud will be confirmed as a reversal pattern which would bring S2 back into play but for now expect another push towards R1/R2 and even R3.

 

My buy that I entered on vollatility101 with the close above pivot and the negation of shooting star (see previous analysis) was taken out for a loss when the red candle of the dark cloud pierced through my stop. I re-entered a buy yesterday based on bounce off of pivot. See trades below:

 

On my onepipatatime strategy I am still in my buy based on hammer and have also entered a sell based on dark cloud. See trades below:

5aa711a190638_audcaddailyanalysis.thumb.png.0adf76a07051f5f0aa16416d8f3065b5.png

5aa711a193b1d_vollatility101audcadclosedtrades.png.2f58fe559cdacf724f10f8854899c8df.png

5aa711a196aab_vollatility101audcadopentrade.png.5a2f6fec797d1e0c048ec52a359a0dc7.png

5aa711a199f47_onepipatatimeaudcadfloatingtrades.png.80155945211dab12848a89a5897d64c0.png

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GBPNZD - is hammer once again causing a reversal at the ever so familiar 1.9000 support area?

 

After completing a hammer on S1/S2 support on 01/10/2013, price bounced sharply to the upside confirming hammer at the close of Friday. However, starting on Sunday evening, price retraced sharply downwards back into S1/S2 support and today once again, is bouncing off this support. With the sharp retracement, hammer has been weakened but not annihalated. Pivot has moved to 1.92944 and as long as price remains below pivot, the bears have the advantage and therefore the low of hammer is in danger of an attack. We need a close above pivot before hammer will be able to be a real threat. See chart below for pivot and relevant targets.

 

My sell on gbpnzd was banked with a profit for vollatility101 and then I enterd a buy on vollatility101 at the close of confirmation candle on Friday but buy was taken out for a loss with sharp retracement of yesterday. At the close of yesterday's candle, I entered a sell for test of hammer low and beyond. See trades below.

 

I am currently still in my sell on onepipatatime and I have entered a buy at the close of hammer. See trades below:

gbpnzdanalysisdaily.thumb.png.1a94b59c205cc01d22e12b03632bf350.png

5aa711a1aa4dc_vollatility101gbpnzdclosedtrades.png.564c81c7513bcb4b9a6531f962da63dd.png

5aa711a1aed5e_vollatility101gbpnzdfloatingtrades.png.c27af04e30ea09316a872450158efb98.png

5aa711a1b2426_onepipatatimegbpnzdfloatingtrades.png.fc74456d519232a4a01f20c9c44fe78a.png

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EURAUD - bearish engulfing on .764fib

 

Once again we have a reversal signal (bearish engulfing) on a fib with no resistance to support it (previously we had the hammer on a fib - see hammer analysis). These are usually not strong signals and especially when they happen against the trend. Right now, as long as price remains above pivot, the trend is up and this pattern is pointing down so I don't have very high hopes for it but with fed annnouncement coming, it could cause a retracement down towards pivot before next bounce up. See chart below for pivot and relevant targets.

 

I was taken out of my buy for a profit on vollatility101 and have entered a sell based on bearish engulfing for possible retracement towards pivot. See trades below:

 

I am still in my buy on onepipatatime and have also entered a sell based on bearish engulfing: See trades below:

euraudanalysisdaily.thumb.png.c9aa172920e1ae584430c91aaac796a3.png

5aa711a2d7b85_vollatility101euraudclosedtrades.png.54cfffb705a2e01d7a48925c7dd56a2d.png

5aa711a2da982_vollatility101euraudfloatingtrades.png.70f09d023e3ce652a3ecaa9d065443d3.png

5aa711a2de431_onepipatatimeeuraudfloatingtrades.png.efce8a1d65248a8dc48166d4133d95a5.png

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Hi,

While everyone is talking about the Sterling Pound or Euro and their weakening outlook, our currency for today is the New Zealand Dollar. We expect it to go long intraday. Below is our detailed analysis for the pair:

Best

TradeCuts.

5aa711ca09287_nzdusd13mar.jpg.cd146876a3f6e9fb927ce63b62aca411.jpg

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AUDNZD, has been trending down, currently bouncing off the trend line, with strong rejection at 1.26744 - 1.26341 zone. Current price action is testing some strong support thus there is possibility of short term long in overall short outlook. We expect AUDNZD short but in case of rebound expect it to retest the trend line and 1.26744 - 1.26341 zone.

 

There is potential to make pips on both side thus wait for proper signal and take trade likewise.

 

Profit Potential -

Short position - 75 - 175 pips (Many more pips if you wait longer for TP3)

Long Position - 50 - 125 pips ( stay cautious with longs)

 

If you take this trade do let us know how it worked out for you.

 

Best

TradeCuts

5aa711d0f08b9_AudNzd25thmarch.jpg.895d46944fe10810e19d8563f512386e.jpg

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Hi Everyone,

Today's pair is Aud/Usd. Overall strength of USD remains unclear and there is no clear direction. Current price action suggests sideways movements and mixed sentiments around USD pairs. Trade USD pairs with caution and keep a hawk’s eye.

Best

TradeCuts

5aa711d20361d_audusd27th.jpg.421a1acaf3a327276e97ffb39c1f5e6a.jpg

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Hi Everyone,

Earlier in the week (1st April) we had posted a high probability Tade Setup in Eur/Aud. It ended up giving us a profit of + 190 pips. Here is a look at the before and after chart.

Best

TradeCuts

5aa711d693c09_euraudtradesetup5thAp.jpg.0d8689f4fafdb8660ab92a002a3301ef.jpg

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As expected USD weakened on Friday. Asian market started with corrective moves in most pairs. Considering Price action and resistance levels we are anticipating further weakening of USD in intraday trading.

NZD/USD is also expected to retrace a little and then rise.

Best

TradeCuts.

5aa711d703d25_nzdusd8thap.jpg.df94efcede4419e1bd07744b651b15d4.jpg

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Last week we got some nice pips from EURAUD Long (+ 190 pips).

Looking at current price action and break out of strong resistance it seem EURAUD will stay Long. So lets ride along. Caution, small retrace is possible, thus we recommend to wait for proper buy entry.

 

Outlook – Long

 

Long Entry 1 ( 1.24092 - 1.24703)

Long Entry 2 (1.25689 - 1.26191)

TP 1 (1.26591)

TP 2 (1.27700

SL (1.22900)

 

Trade setup Quality 75%, at test of support

 

Best

TradeCuts

5aa711d721390_euraudtradesetup7thAp.jpg.7fe8d8bbb7fbfbb72fe58d8a6cbd01bd.jpg

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Yesterday our call on EUR/USD turned out quite profitable and hit our take profit giving us +45 pips. Today we take on the Aussie Dollar...

Since the last few days USD has weakened across the board. The current price action is testing some strong Resistance ahead. Considering strong resistance and weakening Bullish momentum corrective moves and reversal is expected for intraday traders.

Outlook for Aud/Usd is SHORT for Intraday trading, with a possibility of making 45-50 approximately

Best

TradeCuts.

5aa711d7df5d1_audusd10thap.jpg.a60cfb0c99261d5cb3f0a9087614b061.jpg

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Our Aud/Usd Trade of yesterday missed the stop loss by a mere 2 pips and went to hit our TP 1 in the early Asian session today giving us + 20 pips.

Here's an interesting look at the chart.

Best

TradeCuts.

5aa711d83adad_audusd10thAfter.jpg.19fc7650759f83197e3940484a6c9b7f.jpg

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Hello All,

As is our practice we bring to you a brand new Trade Setups at the beginning of every week. For this week of April 15th to 19th it is Aud/Cad. Here's our outlook for this pair for the week:

AUDCAD - Potential Trade Setup

High probability Short trade with trade quality of 75%

Double rejection at 1.07100 level provides us with "High Probability Short Setup." Candle formation suggests bears to gain momentum and test next support level at 1.05682.

Outlook – Short

5aa711d938205_TRADESETUPAUDCAD15THAP.jpg.d2d794a66f558760388091b14126b699.jpg

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GBP/AUD--->This pair is showing up in both long and short strategies at the moment.

 

Going to probably dip a toe in on the short side at the start of trading today, the Chinese numbers should help AUD. But then again this move is largely due to RBA-guv speak cautiousness is warranted.

 

End of year book closing coming up which usually helps USD. Which should spill over to other currencies.

 

Will look back in a while.

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    • MASTER TRADER JOE ROSS PASSES ON Dear Traders, We are sad to inform you of the passing of Master Trader Joe Ross on the morning of Tuesday, September 7, 2021 at the age of 87. He went peacefully doing what he loved, by taking care of Loretta, his wife of 62 years of marriage and teaching his students from every continent how to trade. Joe has always been a free spirit and loved the trading world being his own boss. He quickly learned that teaching others was his true passion. The joy of educating those about a system in which he had true confidence and to see others come into their own. That was his greatest pleasure. He was proud to be a devoted Christian and combined spirituality with trading. Our condolences to our traders and students for the loss of a mentor and close friend, some would even go as far as saying a “father-figure” and he wore that title proudly. Master Trader Joe Ross’ passing came upon us unexpectedly and suddenly. Again, we would like to send our condolences to those who lost a mentor and a friend. Joe, you will forever be in our hearts. Who is Joe Ross? Joe Ross is the creator of the Ross hook™, and has set new standards for low-risk trading with his concepts of “The Law of Charts™” and the “Traders Trick Entry™.” Joe was a private trader and investor for much of his life, but a serious health situation in the late 80’s caused him to shift his focus, and that is when he decided to share his knowledge. After his recovery, he founded Trading Educators in 1988, to teach aspiring traders how to make profits using his trading approach. Joe Ross has written twelve major books and countless articles and essays about trading. All his books have become classics, and have been translated into many different languages. His students from around the world number in the thousands. His file of letters containing thanks and appreciation from students on every continent is huge: As one student, a successful trader, wrote: “Your mastery of teaching is even greater than my mastery of trading.” Joe Ross holds a Bachelor of Science degree in Business Administration from the University of California at Los Angeles. He did his Masters work in Computer Sciences at the George Washington University extension in Norfolk, Virginia. He is listed in “Who’s Who in America.” After 5 decades of trading and investing, Joe Ross still tutors, teaches, writes, and trades regularly. Joe is an active and integral part of Trading Educators. He is the founder and contributor of the company’s newsletter Chart Scan™. “Master Traders Joe Ross was one of the most eclectic traders in the world. And he remains one of the few best mentors I have, alongside, Dr. Van. K. Tharp (may he live long), and one or two others. His teachings and insights into the markets have contributed to making me who I am today. He also talks about the spiritual side of trading, concluding that trading is no sin.” – Azeez M. “The trading world has lost a unique and passionate trader. He explained to me that his material will never go out of date, only the technology. Recently, we updated several of his hardback books into eBooks and he was right. From making trades over the phone to the “pit” then to opening an online account, my how things have changed. But he is correct about his methods, they will continue to apply to the markets regardless of how technolgy advances.” – Martha Ross-Edmunds (Joe’s daughter) Joe Ross’ Trading Philosophy: “Teach our students the truth in trading — teach them how to trade,” and “Give them a way to earn while they learn — realizing that it takes time to develop a successful trader.”   IN MEMORIAM: Joe Ross (RIP)   Source: https://learn2.trade   
    • BITCOIN PRICE ANALYSIS: LONG-TERM HOLDERS REMAIN UNSHAKEN BY PRICE ACTIONBITCOIN PRICE ANALYSIS: LONG-TERM HOLDERS REMAIN UNSHAKEN BY PRICE ACTION Azeez Mustapha 14 October 2021 | Updated: 14 October 2021 New reports from Glassnode show that despite the recent price surge in Bitcoin (BTC), long-term holders have shown no intention to liquidate and realize profits yet. The blockchain analytics provider also revealed that the percentage of BTC supply held for at least three months reached 85%, a new all-time high. Citing data from Glassnode, famous Chinese crypto analyst Colin Wu illustrated the recent behavior of Bitcoin holders and their attitude towards the benchmark cryptocurrency. The analyst detailed that the percentage of long-term holders that have not moved their coins in over ten years stands at 12.3%. These tokens are deemed dormant for this reason. The analyst further noted that the percentage of long-term holders that have not transferred their coins between two to three years and three to five years stands at 10% and 12.26%, respectively. Finally, the highest percentage of long-term holders were those who have refused to move their coins between the last six months to twelve months, standing at 19.5%. That said, 85.14% of BTCs have not exchanged hands for at least three months, a new record high. In July, Bitcoin struggled to keep its head above the $30,000 mark. Today, it has almost doubled this number, but investors remain steadfast in holding their coins. Key Bitcoin Levels to Watch — October 14 As predicted in our previous analysis, BTC witnessed a sharp correction to the $55,000 – $54,000 pivot axis from the $57,500 level over the last 48 hours. This correction found immediate support from the $54,000 level, which triggered a rebound to a new five-month high at $58,500 earlier today. BTCUSD – 4-Hour Chart While the price currently rests around $57,500, we expect a bull run to the $59,000 resistance over the coming hours and days. Meanwhile, our resistance levels are at $58,000, $59,000, and $60,000, and our key support levels are at $56,700, $56,000, and $55,000. Total Market Capitalization: $2.40 trillion Bitcoin Market Capitalization: $1.07 trillion Bitcoin Dominance: 44.9% Market Rank: #1 Source: https://learn2.trade 
    • Date : 15th October 2021. Market Update – October 15 – Stronger equities dampened the safe-havens! Q3 earnings season has gotten off to a strong start, with big banks largely shooting the lights out on revenues and earnings. Incoming data was constructive as well, with jobless claims coming in at pandemic lows, while the rate of PPI growth slowed. All 11 S&P sectors are higher. Bulls are in control, both in the bond market and on Wall Street. – Overlooked the hawkish Fed implications from the record strength in PPI and the lowest claims readings since before the pandemic. Yields declined and Treasuries are in the green on short covering and dip buying, recovering from the recent aggressive selloff. US Treasury yield has lifted 1.8 bp to 1.53%. China: will loosen restrictions on home loans and boost lending & bank added enough medium term funds to keep liquidity in the system steady. Equities up. JPN225 managed a 1.6% gain and US futures are also higher, led by a 0.4% rise in the USA100. Oil lifted above $81.99. – Prices quickly backed up after a larger than expected stock build in the US. Improved market sentiment, which has lifted global stocks, commodity prices and bond yields, is also weighing on the safe-haven Dollar. FX markets – USD dropped, Yen declined. EURUSD retests 1.1600 mark, Cable at 1.3689, USDJPY touched 114.16. European Open – The December 10-year Bund future is slightly higher, US Treasury futures slightly in the red, as stock futures move higher in both Europe and North America after a good session for equities across Asia overnight. Market sentiment improved and GER30 and UK100 futures are currently up 0.4% and 0.3% respectively, while a 0.4% rise in the USA100 is leading US futures. EGB yields had dropped back markedly yesterday, but in the UK money markets are still bracing for an earlier than expected lift off on rates, which ironically is actually helping long rates to come down. Today – Today’s data calendar is unlikely to change the overall picture, with only eurozone trade data for August and some final HICP readings on the agenda. Biggest FX Mover @ (06:30 GMT) NZDJPY (+0.60%) Breached 80.55. Up for 7 days in a row. Currently faster MAs keep pointing up, MACD signal line is at 0 & histogram trending higher. RSI at 82 & Stochastic at 94 but both sloping down, all indicating further upwards move in the medium term but possible pullback in the short term. H1 ATR 0.123, Daily ATR 0.810. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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