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NZDJPY is struggling to break the next resistance a possible retest to the given support is quite possible.
The market now at's peak on-trend and not making new higher highs also have weak candles now. I think the market makes double top now and move down to short. It's looks like a high probability trade.
Hey traders, GBPNZD is trading in a long-term bearish trend. Recently the market retraced to strong daily structure support. On that, the price formed a double top pattern and then broke a support line of a rising wedge pattern on 1H time frame. Now I expect a bearish move to 1.9237 / 1.92 ❤️Please, support this idea with like and comment!❤️
Hello, As you can see we have 2 scenarios here , What do you think will happen ? comment it
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 once again took beating from the sellers zone which is acting as strong resistance for the pair. The bearish signs which are enough for us to call for shorts are Double top Bearish Divergence Break of Watchout level Trade your levels accordingly.
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
PAIR: NZDUSD TRADE: BAT PATTERN POSITION: SELL TIME-FRAME: 1HR -------------------- A couple of nice wins during the trading day. Grateful for another day, filled with opportunity to get involved. Another intraday / day trade opportunity on the NZDUSD pair, 1HR time frame, in the form of a Bat Pattern. -------------------- Truly grateful to be here...
I anticipated the right shoulder if it was to form an H&S it would go to the 0.65000 but only if the neckline is broken and a successful retest of it. Look for a retest and buy to the upside. Trade with care and Goodluck.
- The NZD CPI DATA, one of the most important EVENTs for the NZD, is due out this week. It is set to release tomorrow. FLASH MANUFACTURING DATA for JPY is set to release on Friday. LOW IMPACT NEWS Even though it will be very important. - NZD FEATURE is currently down a bit. The main reason for that is because MARKET RISK OFF. Again it will be UP. Today...
- There is no indicator news of any value for the New Zealand dollar today. Therefore, the New Zealand dollar is often driven by market sentiment. Also, there is no significant news for the euro today, and the LOW IMPACT NEWS EUR TRADE BALANCE DATA is about to be released. - NZD FEATURE is currently down a bit. The main reason for that is because MARKET RISK...
#NZDCHF Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
A breakout above the upper trendline could be a nice pump in the price for the buyers to start making banks in the market. Worth looking into. Target of 500 pips Stop 150 pips
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...
✅On GBP_AUD pair the retest of the strong resistance level Has happened after trading in a local uptrend from some time Which makes price decrease a likely scenario With the target being a local support below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅NZD_CHF is going up currently And the pair broke the key structure level Which is now a support, and after the pullback And the retest, I think the price will go up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Gbpnzd has been down about 2 months, it means we had big strength from nzd without any pullback. Now nzdusd has reached super resistance and now it's reacting , it means if nzdusd is going short , gbpnzd its directly concerned from nzdusd pair and gbpnzd will go long. We can find here a good position for long at :1.88000 with a stop loss at :1.87000 and profit...