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GBPNZD

GBPNZD SELLHi, according to my analysis of the GBPNZD pair. There is a high probability of falling. With the bullish channel flag broken. The price is trying to retest the resistance area 1.01350. Although this area is the 61% Fibonacci retracement of the golden ratio. I wish you success in this transaction .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
Short
by inv_market09
15
GBPNZD: Rebound on the 1D MA50 bullish unless Megaphone breaks.GBPNZD is rebounding on the 1D MA50, at the bottom of the thee month Rising Megaphone pattern. That is a bullish signal, which is further empowered by the neutral 1D technicals (RSI = 53.906, MACD = 0.003, ADX = 31.776) and the fact that the 0.382 Fibonacci level is holding. As long as the price trades inside the Megaphone, we will be long, targeting the 2.0 Fibonacci (TP = 2.09500). If it closes under the Megaphone, we will book the loss and sell in reverse, targeting the 0.618 Fibonacci retracement and 1D MA200 (TP = 1.94500). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
1
GBPNZD H1 | Falling from 23.6% Fibo?Based on the H1 chart analysis, we can see that, Price is approaching our sell entry at 2.0082 which id an overlap resistance that lines up a 23.6% Fibonacci retracement. Stop loss will be at 2.0161 which is a swing high resistance. Take profit will be at 1.9964 which is a pullback support level. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
GBPNZD Best trading plan for the time beingThe 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) at 1.95000. If it closes above it, we expect a rebound to 2.05000 (below the Resistance). As you see, we have spotted an identical pattern in 2019, which was what helped us take the strong buy in January. The RSI sequences are also identical ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
5
GBPNZD - Bullish Trend - Long Based on the chart pattern analysis, it appears that the price is forming higher highs (HHs) and higher lows (HLs), which indicates a bullish trend. Furthermore, the Relative Strength Index (RSI) does not show any divergence currently. I recommend taking a long trade with a risk/reward ratio of 1:1 Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
Long
by mansooryousafzai