The GBPNZD pair has given us a wonderful buy signal last time we looked at it (January 26) as the analysis below shows, hitting our 2.000 target: The price is now on the 1D MA50 (blue trend-line) and is a critical level as its closing will decide the short-term trend. If this 1D candle closes below it, we will sell and target the 1D MA200 (orange trend-line)...
Hi viewers, GBPNZD price on zone, in last periods strong bearish trend, currently expecting to se break and new bearish push TP1: 1.97300 (130) TP2: 1.96700 (190) TP3: 1.96300 (230)
GBPNZD can start to grow again from the bottom of the ascending channel. 💡Reasons for GBPNZD growth:💡 A Hidden Divergence(HD+) between two successive valleys in the ascending channel. Buy signal in RSI indicator . Confirmation of the end of the movement by the StochRSI indicator . Hammer🔨 Candlestick Pattern formation at the bottom of...
LOB entry on GBPNZD 15 Mins for a Short position. SL Above the Asian session.
Hello,Traders! GBP-NZD is trading in an Uptrend in a rising wedge Pattern and the pair broke A key horizontal level which Confirms the bullish bias And I think that that The price will go high In the near future Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPNZD is has been overall bullish trading inside the rising red channel, however it is currently approaching the upper red trendline. So we will be looking for sell setups. Moreover, the green zone is a strong supply. 🏹 So the highlighted purple circle is a strong area...
Hi viewers, GBPNZD short bearish push technically expected TP1:1.93650 (100) TP2:1.93150 (150) TP3:1.92650 (200)
GBPNZD - 24h expiry - We look to Sell at 1.9450 (stop at 1.9510) Previous support located at 1.9250. Previous resistance located at 1.9400. The trend of higher intraday lows has also been broken. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 1.9300 will confirm the bearish momentum. Our profit...
Hey Traders, GBPNZD was trading in an uptrend and then managed to break it massively due to NZD strength. if we take a look at the stock market we will notice some bullish bias, and stocks do correlate with NZD and AUD positively. now GBPNZD is in a correction phase after the breakout so i will be watching a potential retrace around 1.945 support and resistance zone.
We're seeing price test a major resistance level at 1.9303 which is an overlap resistance along with a 23.6% Fibonacci retracement. It's worth noting that price is also in the middle of a strong bearish Ichimoku cloud suggesting further bearish momentum. A reversal from here could see prices drop to major support at 1.9174 which is a recent swing low...
We're seeing price test a 1.9279 resistance level which is an overlap resistance along with a 23.6% Fibonacci retracement. A reversal from here could see prices drop all the way down to major support at 1.9011 which is a swing low support + 78.6% Fibonacci retracement. However, it's worth noting there's a key support level at 1.9168 which is an overlap support...
GBPNZD - Just an idea! Technical view: Beautiful channel/ Trendline down now concentrate on that. Now yes could be pattern wise a cup & handle pattern - but it hasn't broken out yet ... Look at the price and the wicks of the candles on knowing who's in control. Above and out of this channel bulls can gain control towards 200 EMA. However, if we break below the...
GBPNZD reached an important supply cluster last week. The price formed a double top pattern on an hourly time frame approaching that. I expect a bearish continuation to 1.903 ❤️Please, support my work with like, thank you!❤️
GBPNZD - Intraday - We look to Buy at 1.8950 (stop at 1.8875) Previous support located at 1.9000. Previous resistance located at 1.9100. Price action has continued to trend strongly lower and has stalled at the previous support near 1.8950. Risk/Reward would be poor to call a buy from current levels. A move through 1.9100 will confirm the bullish momentum....
GBPNZD - 24h expiry - We look to Buy at 1.9000 (stop at 1.8925) Previous support located at 1.9050. Previous resistance located at 1.9100. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 1.9100 will confirm the bullish momentum. Our profit...
GBPNZD - Just an idea! It's a break above 200 EMA expect 1.618 as target areas! It's important this week regarding fundamentals to take into consideration as we have many CB's! If we stay above these levels, the bulls are in control. However, if we were to break below the areas of 1.90400 areas then bears may gain control. Key tip: Most of the time, it's...
The GBPNZD pair hit the bottom of the Triangle pattern it has been trading in since early 2019. This has been done staight after a 1D Death Cross (when the blue 1D MA50 crosses below the orange 1D MA200). This is quite similar to the October 2018 - August 2019 fractal. A new Golden Cross will confirm the currently strong long-term buy signal. See how they both ae...
I expect a bounce from the upper limit of the channel (green lines). TP around 1.94500, around 250 pips GG P.S. This is not financial advice of course, just my idea.