EURNZD and EURJPY appear to have lost their correlation, and perhaps will we have some mean reversion on these pairs. This would involve selling eurjpy and buying eurnzd.
NZD/JPY has traded into a 4 year high prior to the NZD Credit Card Spending data. Technically the Daily chart RSI is oversold, and the 1h chart rsi has bearish divergence. We have just exited our buy trade, and are now looking to reverse our position!
NZDJPY has broken the corrective flag pattern to the upside, having found support around the 21.4% fibo level. We anticipate continued upside to the 21.4% extension fibo.
Currently retesting the bearish continuation pattern. We are expecting a bearish move for this pair towards the targetted area.
good luck traders. . . . . . . . . . . . . great opportunity.
✅NZD_JPY is trading in a strong uptrend And now the pair is making a correction move down Forming a bullish wedge pattern Which combined with the strong uptrend Makes us super bullish and we are waiting For the bullish breakout of the wedge After which we will go long And having the previous high As the target for the trade LONG🚀 ✅Like and subscribe to...
earlier, I marked a place to short. Now I got a signal from the chart and open positions. Ia am :)
Trade details for current trade are shown on the chart. Trade has been live since 13:45 UK time and we are using our POW reversal script. This is the second trade of the day for this strategy with the first one being a long and finding TP target. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit...
Trade details for current trade are shown on the chart. Trade has been live since 10:15 UK time and we are using our POW reversal script. This is the sceond trade of the day for this strategy with the first one being a long and finding TP target. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit...
NZDJPY on the daily chart has recently broke the previous highs due to a Yen weak moment. The price after a long retracement has started a bullish impulse and according to Plancton's strategy if the Academy conditions will be satisfied we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure...
I'm short on it. The price is still in the short zone, I've marked the spot. Now is a good time to join in
On NZD/JPY is nice to see strong sell-off from the price 81.790 , there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Strong Downtrend + Strong volume area is...
NZDCHF is still accumulation on a strong demand cluster. This morning I see more bullish clues. Buying more I expect a bounce & retest of a current local high. Please, support this post with like and comment!
the quarter Interest rate on Newzealand dollar, priced to the new high level 82.5 area. So we predict the NZDJPY pair need some correction for rest on the main support level around 78.5 - 79.0
GBPNZD is currently at a critical support and has touched the bottom of a falling wedge type formation on a Higher Timeframe. We can potentially see good upside this week and our targets are 1.94000 (initially) and 1.96500. Good Luck!
GBPNZD - Looking bullish on the lowest timeframes, potential bat forming here using the Daily highs/lows. Price again broke the momentum trendline on the LTF, and we had a BOS on the LTF/HTF which created liquidity then price started trending bullish following the pattern of the bat, I will be looking to trade this CD leg based on the confluences and PA...
NZD FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the RBNZ At their Oct meeting, the RBNZ delivered on expectations to raise the OCR to 0.50%. As the hike was already fully priced, the lack of new hawkish tones we saw a textbook buy-the-rumour-sell-the-fact reaction in the NZD pushing lower. There was additional focus on the RBNZ expecting...
NZD FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the RBNZ At their Oct meeting, the RBNZ delivered on expectations to raise the OCR to 0.50%. As the hike was already fully priced, the lack of new hawkish tones we saw a textbook buy-the-rumour-sell-the-fact reaction in the NZD pushing lower. There was additional focus on the RBNZ expecting...