Hello,Traders! GBP-NZD is trading in a local uptrend And the pair broke a key horizontal level Which is now a support from where I believe we will see a move up Towards the target above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Give it some time. I know my analysis are simple but it's like that to not confuse you with fancy tools and stuff. Previous candle still had bull volume kicking in at a resistance point. Price usually rejects this price level looking left and may be ready to retest the previous low. We never know when but the signs are there. Mac D is also losing momentum again...
🔰You can see the analysis of the New Zealand dollar to Canadian dollar currency pair in the 30-minute time frame (NZDCAD_ 30min) 🔍🧨 💥The price is moving in a Bullish parallel channel💜 If the price can break the Down trend line🖤 and then pullback❗ to the area where the intersection of the DEMAND zone and the bottom line of the Bullish parallel channel💜 (dynamic...
NZDJPY - 24h expiry - We look to Buy at 81.80 (stop at 81.15) Previous support located at 82.00. Previous resistance located at 82.50. 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 82.50 will confirm the bullish momentum. Our profit targets will...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (83.310). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (83.310). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts...
Hey traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.563 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Opening a short position based on the multiple bearish signals which are mentioned on the chart.
Price is in a ranging channel, we expect price to go up and touch our upper trendline
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Wow. How about this entry for a bullish run on GBPNZD? Risking only ~30 pips, we aim for ~294 pips in return. As always #fingerscrossedtrader.
#NZDJPY NZDJPY should be slightly UP due to MARKET RISK being ON. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. Either way, NZDJPY should be a LONG TERM BUY. Anyway, the PRICE can go down again on the NZDJPY MAIN...
Hello,Friends! In this market situation, I am looking at multiple indicators And I can see bearish momentum accumulating on the pair right now This sentiment makes me bearish biased and I am considering a short! Like and subscribe and comment my ideas if you enjoy them!
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 Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDJPY has formed a bullish channel and the price is from top, this is one of the continuous chart patterns. We are expecting a drop to the bottom of the channel. Wish you all the best. Remember to use proper risk management. Let's Download Success
NZD/CAD comes from a solid bearish trend, in the last sessions, the price had a retracement to the 61.8% Fibonacci retracement whereas today the market opened with a strong bearish candle. At this price, the level is placed some static resistance and the dynamic trendline. The 100 Moving average had worked like a rebound point where the candle turned bearish and...
Targeting the next possible swing point for a long. Overall bias is bullish with a daily target of 85.248.
On the H4 time frame, prices are approaching the resistance zone at 0.5810, in line with the 38.2% Fibonacci retracement and 61.8% Fibonacci extension. This resistance zone is also a graphical support-turned-resistance zone that has been respected multiple times. A pullback to this resistance zone at 0.5810 presents an opportunity to play the drop to the next...