On the H4, with price showing bearish pressure on the MACD indicator and price recently breaking the ascending trend channel, we have a bearish bias that price will drop from our sell entry at 0.64738 in line with the 23.6% fibonacci retracement and overlap resistance to our 1st support at 0.62238 at the swing low. Alternatively, price may reverse off the entry...
- NZD FEATURE The NZD FEATURE currently stands at 0.6497 LEVEL. JPY FEATURE is down a bit now compared to yesterday. JPY FEATURE was a bit DOWN with RISK ON in the previous days. Stay tuned for the VIX INDEX. Currently VIX is getting a bit DOWN. NZDJPY prices are moving higher than DYNAMIC LEVELS. - Currently the OVERALL MARKET is showing RISK OFF. STOCKS...
Gbpnzd approached a very longterm resistance, after a brief rejection to the LTF ascending trend line, sellers forcefully took over pushing the pair below the ascending trend line to the downside, a retest briefly follows.... This all gives a high probability for some downside action. Pls observe good risk management.
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
GBPNZD is trading in a long-term bearish trend. After setting a new lower low in April, the market started a correctional movement. The pair was growing within a rising wedge pattern. Yesterday, its support was broken. I assume that it may trigger a bearish movement. Goals: 1.916 / 1.883 ❤️If you have any questions, please, ask me in the comment...
Looking for break of structure. Entry will be on retracement or aggressive.
Despite the strong bearish impulse leg on the daily time frame, in the last couple of weeks, we have witnessed the price continues to respect the bullish trendline identified on the 4H time frame, it is pertinent that we do not shy away from the possibility of a bullish momentum which might be evolving. In addition to this data, since the beginning of this week,...
NZDJPY created a nice falling wedge pattern and the current price action confirmed a bullish breakout. Here considering the Fibo retracement we can expect a decent recovery . this trade has a probability of 90%
Welcome back! Here's an analysis of this pair! **AUDNZD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in...
The New Zealand dollar has reached the bottom of its downtrend against the Swiss franc. The probability of a negative reaction to this level is tolerable.
This signal is seen in 1 hours. As you know, the signal is not suitable for people who want to finish the transaction quickly.
I see this as a potential selling opportunity for GBPNZD. Trade responsibly.
NZDJPY has produced a breakout from the right triangle. It is trading above 50 and 100 EMAs which proves to be a good barometer in the past. We have upside expectations of the pair. Trade your levels accordingly.
NZD FUNDAMENTAL BIAS: BULLISH 1. Monetary Policy At their April meeting the RBNZ surprise economists but not STIR markets by delivering a 50bsp hike, taking the OCR to 1.50%. The bank stressed, like most others, that inflation is a concern and that they will ensure that higher price pressures don’t become embedded in longer-term inflation expectations. The...
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
sell GBPNZD around 1.9400, Take Profit: 1.9300 , Stop Loss: 1.9450 100 pips opportunity