Here is our technical outlook on GBPNZD. Our analysis is based on current market fundamental sentiment. According to our chart GBPNZD reached a strong resistance. Based on our stand point the price will go lower. Like, comment and subscribe to our TradingView Page. ❤️ Please, support our work with like & comment! ❤️
GBPNZD - Intraday - We look to Buy at 1.9300 (stop at 1.9190) Previous support located at 1.9350. Previous resistance located at 1.9400. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 1.9400 will confirm the bullish momentum. Our profit targets will be 1.9525 and 1.9550 Resistance: 1.9400 /...
We may get price to fall down to a 4-hour support level, Looking for some rejection off of trendline or resistance above.
The AUDNZD pair has been trading within a Channel Up ever since the November 19 2021 Low. Two upper and lower tolerance levels of 1.236 and -0.236 have been accounted for. This time though, as the price is trading around the 1D MA50 (blue trend-line) since June 20, using it as a pivot, a new pattern has emerged. That is a Head and Shoulders (H&S). That is so far...
Short term reversal - Diamond Bottom formation with RSI Bullish Divergence pushing +50 TP ~1.66
NZDCHF is ready to fall after false breakout above the wedge. Pullback is complete after huge selloff and AB=CD pattern will complete very soon. Trade safe guys. good luck.
Hello,Friends! GBPNZD current trading paterns are clearly pointing In the direction of a short trade That is why I am bearish on the GBPNZD pair And I think it will go down! Like and subscribe and comment my ideas if you enjoy them!
its looking bullish for me, waiting for the nzdchf to correct and then give us a long opportunities. note: its my view only and its for educational purpose only.
As you remember, traders, we were monitoring NZDCAD last week. We were patiently waiting for a neckline breakout of a double top on 4H. It's finally broken now and we already opened a short position with my VIP members. I expect a bearish move now to 0.7959 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with...
NZDCHF has been trading in a sound channel to the upside. According to EW we're currently in the last 5th wave and I expect price to rip all the way up to the 61.8% Fib.
More upside for the NZD? Upside on the NZDUSD had been capped by the 0.62 resistance level, which led to price trading lower towards 0.61 (also due to the strength of the DXY). However, price struggled to break below the 0.61 support level and has rebounded back to 0.6140. With the RBNZ rate decision due, and a 50bps increase expected, a spike up in the NZDUSD...
1- See the caption inside the chart - Thanks 2- 3 time touch the trendline 3- re-tesst the base zone
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.
From the Daily time perspective I see a symmetric triangle forming and the overall trend has been going south , GBP is weak currently, however am anticipating a strong NZD which will fuel more move to the downside in the next couple of days.
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Analysis of #GBPNZD Similar to my GBPAUD analysis here we have GBPNZD also still respects its trendline support and resistance. I am watching for a possible buy entry if the market drops to the trendline support and shows a bullish reaction on the lower time frame ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 |...