EURNZD is holding below descending trendline resistance and may bearish from 1st resistance at 1.67070 in line with 23.6% Fibonacci retracement and 23.6% Fibonacci extension towards 1st support at 1.65540 in line Horizontal swing low and 78.6% Fibonacci extension. Our bearish view is further supported by how MACD is holding below the 0 line. Otherwise price may...
For a month now NzdCad is in a downtrend. However, the pair is approaching a great support zone and a buy trade in this zone can have a 1:3 R:R for swing traders Buy dips under 0.87 can be a good idea and a dive under 0.86 would negate this scenario
In my analysis of NZD/JPY on the 4 Hour, this currency pair is BULLISH. I forecast that price will move to the Daily Resistance Zone of $77.899 then to the Weekly Resistance Zone to price $78.166 to complete the W formation (Double Bottom). Price may retrace at Daily Resistance before moving to the Weekly Resistance Zone. In this analysis I used Trendline...
NZDCHF Entry Price 0.64310. Target Price 0.64670.
After this beautiful correction , we are expecting the impulsive phase to begin. 80 to 90 pips chance!
FX:GBPNZD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
Hello traders! As you can see NZDCHF is forming lower lows and lower highs. Price is currently making a retracement. Price should make a retracement to the marked resistance area from where we are looking to enter a short position all the way down to the marked area.
Nzd Chf Sell: - Strong Resistance - Fibonacci Confluence - Trend Reversal
Gbp Nzd Sell: - Strong Support - Larger Triangle Pattern - Fibonacci Confluence
Hello,Traders! NZD-CAD is trading in a local downtrend But a horizontal support level is ahead And even thought I am not too bullish I think the pair will go up locally After it hits the support Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
ent : 1.9442 sl : 1.9475 tp 1 : 1.9414 tp 2 : 1.9376
ent : 77.645 sl : 78.427 tp 1 : 76.612 tp 2 : 74.961
GBP - Weak Bullish 1️⃣ BOE Chief Economist Huw Pill says that the current strength of inflation appears to be proving to be more durable than initially expected and the BoE plans to release asset purchase stocks in the best possible way. NZD - Weak Bearish 1️⃣ The expectation of an interest rate hike is already expected. Not surprising the...
GBPNZD - Potential Crab, Price is trending up on the HTF and I'm hoping for price to return to the 1.95993 level to fill a previous imbalance and then reverse from an OB to continue the HTF trend bias. The previous reaction close to this level is very strong and we have a lot of confluence, a bounce is probable. Whats your thoughts?
TP 0.65 OR 0.66 Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
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Here is a quick update on this pair #gbpnzd If you find it insightful, kindly like, comment and share
D1 - Price has broken above the top of the range. Bullish convergence. Currently it looks like a pullback is happening. H4 - Price has reached the first key support zone. Bullish divergence. Until both these key support zones hold my view remains bullish here.