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GBPNZD

GBPNZD 17/APR/2023GBPNZD currency pair is currently showing a consolidation within a wedge pattern. The price is approaching the resistance level of the wedge pattern, which is historically known to be a price level where the price tends to pullback or bounce downwards. Based on this historical price behavior, there is a potential pullback or downward bounce from the resistance area. Traders may interpret this as a potential selling opportunity, as the price could potentially move lower from the resistance level.
Short
by DNP-FX
GBPNZDScheduled operation: Start time 11:00 a.m. london time. Be careful, do not charge too much because the trend of this pair is bullish. What we are going to look for is a pullback for air intake coinciding with the middle of the week and with the bullish start of the week. This operation will have to be protected before 18:00 p.m. London time or when the asset has moved in our favor 40pips. Operativa programada: Hora de inicio 11:00 a.m. hora de londres. Cuidado, no os carguéis mucho porque la tendencia de este par es alcista. Lo que vamos a buscar es un retroceso para toma de aire coincidiendo con la mitad de semana y con el inicio alcista semana. Esta operación habrá que protegerla antes de las 18:00 p.m. hora de Londres o cuando el activo se haya movido a nuestro favor 40pips.
Short
by SGsauragestion
2
GBPNZD H4 | Falling to a key supportGBPNZD is falling towards a key overlap support that aligns close to the 38.2% Fibonacci retracement. Price could hit our buy entry at 1.99644 and bounce to the up side to hit our take profit at 2.01296 which is a recent swing-high. Stop loss is at 1.98660 which is an overlap support. 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.
Long
by Rockqet
2
GBP/NZD Under Pressure! SELL! My dear subscribers , I analysed this chart on GBP/NZD, and concluded the following: The asset is approaching an important pivot point 1.99320 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Target - 1.98011 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
GBPNZD - Expect retracement ✅Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking longs, but for now I expect a retracement to till the imbalances lower. As well we have a normal divergence which indicates bearish price action. Fundamental analysis: Wednesday on 5th of April will be released Official Cash Rate on NZD, which was forecasted to increase by 0.25%, this means strength in currency which could support our move. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD