Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ EURUSD daily time frame 🇪🇺🇺🇸 EURUSD looks heavily overbought after a recent strong bullish rally. The price started a correctional movement and broke a solid rising trend line. I think that the pair will continue the correction to lower levels. 2️⃣ EURJPY daily time frame 🇪🇺🇯🇵...
NZD/CHF is falling towards the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level could lead the price to rise to our take profit. Entry: 0.52788 Why we like it: There is a pullback support level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.52179 Why we like it: There is...
GBPNZD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long GBPNZD Entry Point - 2.1021 Stop Loss - 2.0906 Take Profit - 2.1261 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
NZDCAD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short NZDCAD Entry - 0.8442 Sl - 0.8486 Tp - 0.8370 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hello Traders In This Chart GBPNZD 4 HOURLY Forex Forecast By FOREX PLANET today GBPNZD analysis 👆 🟢This Chart includes GBPNZD market update) 🟢What is The Next Opportunity on EURNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
We Have a very good 4H Closure above our old res area , i prefer to wait fro daily closure to confirm that the price will go up , but maybe we can buy with small lot size with Retest for broken area . This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A...
👀 👉 The NZDCHF currency pair is currently showing signs of price extension as it nears a critical resistance level. This technical setup indicates a potential corrective movement. Our strategy focuses on identifying opportunities for long positions, particularly if the price retraces to key Fibonacci levels, specifically within the 50% to 61.8% range. This...
I've identified a head and shoulders pattern on the 12-hour and daily charts for GBP/NZD and have initiated a short position based on this classic reversal setup. I'm opening two trades for this setup: The first entry is at 2.11218, near the neckline of the head and shoulders pattern. The second entry is at 2.11487, triggered by a 12-hour close below the...
NZDUSD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 0.6235 will confirm the bullish momentum. The measured move...
➡ Symmetric Triangle pattern observed, breakout expected on either side ➡ Resistance at 0.8425 ➡ Support levels: 0.8355 and 0.8345 NZD/CAD is currently consolidating within a symmetric triangle, indicating a potential for a breakout that could lead to a significant directional move. Traders should watch these key levels closely to anticipate the next market move.
➡ Poised at a rising wedge, indicating potential for breakout on either side ➡ Resistance levels to watch: 91.52 ➡ Support levels: 85.39 and 83.04 This currency pair is currently in a rising wedge formation, a pattern that typically suggests forthcoming volatility with a possible breakout. Traders should closely monitor these levels to anticipate the next...
Hello Traders In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET today NZDCAD analysis 👆 🟢This Chart includes_ (NZDCAD market update) 🟢What is The Next Opportunity on NZDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Based on our private indicator that forecasts where the market is going, it is showing that NZDUSD will be heading upwards.... PLUS: there is a powerful support trend line that the market can not break through! Good BUY opportunity.
GBPNZD price break zone, here expectations bearish still to see in next days TP: 2.10950 (250) TP2: 2.09250 (400)
Here is our detailed technical review for NZDCHF. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.526. Considering the today's price action, probabilities will be high to see a movement to 0.537. P.S Please, note that an oversold/overbought condition can...
Hello, Friends! NZD/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 89.810 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello, Friends! We are now examining the NZD/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.519 level. ✅LIKE AND COMMENT MY IDEAS✅
NZD/CAD has reacted off the pivot which has been identified as an overlap support and could bounce to the 1st resistance. Pivot: 0.83460 1st Support: 0.829488 1st Resistance: 0.84189 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...