Forx
GBPNZD: Bullish Continuation is Highly Probable
Hey traders,
Here is our forecast on GBPNZD
The level where the price is trading right now is decent
and the price will most likely retrace from that.
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NZDUSD - Purple War Zone!Hello everyone, if you like the idea, do not forget to support with a like and follow.
NZDUSD is overall bearish trading inside our brown trendlines, so we will be looking for Trend-Following Sell Setups as it approaches the upper brown trendline.
Moreover, the green area a strong support turned into resistance.
Thus, the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper brown trendline. (acting as non-horizontal resistance)
As per my trading style:
As NZDUSD approaches the upper purple circle, I will be looking for reversal bearish setups (like a double top pattern, trendline break, and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
daily analyses of US DOLLAR/ JAPANESE YENHi friends
the daily chart of this market shows that it will experience a downtrend in the coming days with a high probability but at the same time you have to be vigilant of the change from the direction to the opposite
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analyse journalier de CNP assurance Hi friends
I present to you a daily analysis of a very important market and as you see the graph shows that this market will know with a very high probability a downward trend with the vigilance of return
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Perfect AscendIng Broadening Formation!!!A long term trade, its a great opportunity for risk takers with at least 60 pips in profit.
Stoploss around 34 pips with a 1:2 ratio in profit
Macd is showing selling pressure with RSI also showing divergence
The strong Resistance level is between 1.68-1.68100 which can also play as a rejection level, moreover strong support is around 1.65900.
NOTE- DYOR before investment, this chart is for educational purpose only
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UK INFLATION DATA TODAY IN THE UK THE INFLATION DATA WILL BE RELEASED AND I SEE REASON TO BELIEVE IT HAS DECLINED. ALONG WITH THE BREXIT INFORMATION I EXPECT THE INFLATION NUMBER TO BE AT AN EXTREME LOW. IF THAT TO HOLD TRUE THEN WE WILL SEE THE UK PAIRS SUCH AS EURUSD AND GBPUSD SHOOT TO NEW HEIGHTS