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Bias

NZDCHF BULLISH CONTINUATION FROM KEY LEVELNZDCHF is very bullish from the beginning of October. Setting a new high last week the price retraced to a key level. Retesting key support the price started to grow. Bulls managed to violate a falling wedge pattern, and duplicate the bullish breakout. Expect new wave upward to the key resistance level. The bias for the NZD remains firmly titled to the upside, and as rates keeps rising Also note that the RBNZ delivered on expectations to raise the OCR to 0.50%. As the hike was already fully priced, the lack of new hawkish tones we saw a textbook buy-the-rumour-sell-the-fact reaction in the NZD pushing lower. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses
Long
by legacyFXofficial
EUR-NZD Local Long! Buy! Hello,Traders! EUR-NZD is trading in a downtrend on Weekly And the pair is suppressed by the horizontal resistance And a weekly falling resistance line As we can see, EUR-NZD fell from the resistance level again Clearly lacking power to break it However, the pair is now fallen to the rising support level And I think that we might see a rebound from this level And a retest of the horizontal one Mixed bias, but local long Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Long
by TopTradingSignals
4
EUR/USD nestling support! Both looking susceptible to steeper depreciation vs their US rival, with the Euro only just recovering from a stop-chase through the 18 DMA (1.2060) in time to avoid more sell orders sitting at or beneath 1.2050. Nevertheless, EUR/USD also faces heavy and layered option expiry interest from the round number above to 1.2150, including 1.3 bn at 1.2100, 1 bn from 1.2115-35 and the same size between 1.2140-50. Overall further upside is anticipated over the coming weeks.
Long
by FTUKcom
12