Hello traders, today we have ourselves a lovely EURNZD Long trading idea. This trade idea is based off the fact we are expecting EURO strength next week and NZD weakness making EURNZD move in a bullish direction. This trade idea is based off many factors - Firstly, the price action is in a small bearish correction during its bullish impulse and is currently in...
after one month of correction , we are expecting the impulsive phase to begin. sell change in oct 2021.
Trend Analysis The main view of this trade idea is on the 30-Min Chart. The FX Cross NZDJPY is in a symmetrical triangle setup. The support trend line is connected by the 76.50 and 77 high lows while the resistance trend line is connected by the 78.11 and 77.60 lower highs. Expectations are for a breakout higher, with a target of 78.50. A failure of this setup...
Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red short arrow is entry point and purple line is stop loss. Trade history can be seen at the foot of this trade idea too for full transparency. Previous trades can be seen on chart...
H2 time frame. Structure: Downtrend. The price formed a retracement wave and retested the 0.64500 resistance. After forming a new high, the price immediately down sharply with the upward momentum also weakening. Waiting for a candlestick pattern to appear, NZDCHF can be sold. The profit target is the 0.63600...
NZD FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the RBNZ New Zealand’s Zero Covid strategy caused quite the rigmarole for the NZD before the RBNZ’s last meeting as market participants were forced to unwind aggressive expectations for rate hikes going into the meeting. The unwind was so aggressive that OIS prices dropped from a 100% chance of a...
NZDUSD Bullish Engulfing Candle and Symmetrical Triangle Pattern
GBPNZD - I'm looking two reversal trades from this pair, one smaller scalp from the X point (Weekly high after liquidity is taken out and the other at the D point at the completion of the butterfly) There's a very strong OB in this zone and last time price reacted very strongly to it, so that zone is definitely worth setting your alarms for! Whats your thoughts?
Hey traders, Here is our forecast on NZDJPY The level where the price is trading right now is decent and the price will most likely bounce from that. Please, leave a comment and support us with like. ❤️ Please, support our work with like & comment! ❤️
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
As we can see, GBPNZD broke the lower trendline of a bullish channel on the daily time frame, There was a retest on the previous support level , we expecting a bearish continuation. Those with smaller accounts might have to wait for the market to break the lower trendline before placing any trades. Please use proper risk management depending on your account...
Bullish Indicators: 1) Bounced from the upward trendline 2) Support zone 3) Followed by the three white soldiers 4) 78.6% Fib Retracement level Bearish Indicators: 1) Descending trendline 2) Resistance at 0.87890 Plan A: On the breaking of resistance level 0.87890 and downward trendline one can buy for the target 0.88535. Plan B: On the breaking of upward...
We are using our trend following EDGE strategy for this trade. Entry details are shown on the chart. Working the 30M time frame on this strategy. We're only looking for TP3. The trade history can be seen at the foot of this trade idea too for full transparency. Previous trades can also be seen on chart. The long found TP and the sell hit SL. Lets see how...
Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue long arrow is entry point and purple line is stop loss. Trade history can be seen at the foot of this trade idea too for full transparency. Previous trades can be seen on chart...
Trade details for current trade are shown on the chart. Trade has been running since 3:00 UK time. In slight draw down at time of writing this idea but we stick to the back tested plan. We are working the 30M time frame on this strategy. We're looking for the green line which is take profit target. Little blue long arrow is entry point and purple line is...
Hey traders, Update for NZDCHF. As we've recently spotted, the pair broke and closed above a major falling channel on a daily. Retesting its broken resistance the price formed a double bottom on 2H. Breaking its neckline, it looks like the market is preparing for a bullish continuation. Goals: 0.6505 0.6535 ❤️Please, support this idea with like and comment!❤️
The New Zealand Central Bank is widely expected to raise its key interest rate this week on October 6. Analysts at ING write that such an outcome will support the NZD, although the currency continues to be vulnerable to the markets' general risk sentiment. Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis,...
GBPNZD, according to Marketmilk on Babypips, indicated an uptrend. The bull market, based on the Chain pattern of HL and HH, can be expected to hit two take profit peaks. This is a good swing trade idea, if GN continues sustaining the bull run. If you would like to enter this trade, please use proper risk management.