this is my idea about nzdcad after a good correction price reach to a resistance zone this zone can push price to 'previous low
Follow up to yesterday's prediction : as mentioned in the Chart Yesterday , there were 2 scenarios possible for the price movement . The Price is following Scenario 2 and is now ready to move up till the Target of 79.38. The currency pair has already tested the lower Resistance of 76.67 and is ready to show some bullish movement!
Hey traders, NZDUSD reached a key level last week. The price formed two peculiar dodji candles on that. Moreover, the price broke and closed above a resistance line of a falling parallel channel on 4H. I believe that we may expect a pullback on the pair. Goals: 0.692 / 0.697 ❤️Please, support this idea with like and comment!❤️
Hey traders, NZDCHF reached a strong demand area. After a bullish accumulation within a narrow trading range, the price managed to break and close above a resistance line of a falling wedge pattern. Now I am waiting for its retest to buy the pair. Goal - 0.6333 ❤️Please, support this idea with like and comment!❤️
For more daily detailed analysis, go ahead and click on the follow button! Here we have another Yen pair. Alike others it has fallen lower and risen up today. This shows good impetus for a long. We are looking to move back to key MA's higher up.
trade based on higher time frame direction bias with 1 hr entry confluences.
GBP/NZD - Potential Weekly Deep crab. Price broke the monthly high but closed back below breaking the bullish momentum and potentially causing the LTF trends to reverse. The monthly TF is still bearish so I'm trading away from the Monthly high looking for price to create a new channel with a monthly continuation in the direction of the Crab. Let me know your...
EUR FUNDAMENTAL BIAS: BEARISH 1. The Monetary Policy outlook for the ECB In Oct the ECB didn’t offer new info on policy or forward guidance. Inflation was the biggest talking point among the GC . The bank acknowledged price pressures will be higher and last longer than previously anticipated. But also reiterated that CPI will move back below their 2% target in...
NZD FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the RBNZ The RBNZ underwhelmed some market participants who were looking for a 50bsp hike as the bank only delivered on a 25bsp hike as consensus was expecting. Even though the NZD took a plunge after the meeting, we don’t think markets are really giving NZD the upside it deserves after the Nov...
Price is reacting below our pivot level at 0.68193 which is in line with 38.2% Fibonacci retracement level, 61.8% Fibonacci extension level & horizontal overlap support. Price can potentially take support at 0.65001, which is in line with 50.0% Fibonacci retracement level, 78.6% Fibonacci extension level & horizontal overlap support. Alternatively, price may...
Hey everyone, got a nice swing trade setup using divergence. I detailed all info in a short video. please use proper risk management! comment below for any questions and like and follow Thanks, happy trading!
a nice double bottom set up on this pair stops just bellow support
...............................................................................................................................................................................................................................................................................................................................................................
NZDJPY / 1H This idea comes as an update to our last idea on NZDJPY. As have we seen the price rejected the bullish structure as predicted. Now we notice the price is showing signs of strength by forming a Wycoff accumulation on the 1H time frame. Trade safe, Trader Leo.
Welcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** 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 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello,Friends! In this market situation, I am looking at multiple indicators And I can see bullish momentum accumulating on the pair right now This setiment makes me bullish biased and I am considering a long! Like and subscribe and comment my ideas if you enjoy them!
We expect price to comes to our area where there POI and BEO which is a good sign for us to go short with this pair till 79.00 before buyers comes in.
the right suport with boel tap at weekly support end we hav divergences on rsi indicator and the AME kros over to start up trend