NZDJPY is headed lower but there will be prospects of a bullish correction.
We're seeing price test a major overlap resistance along with a 38.2% Fibonacci retracement. A reversal from here could potentially see prices drop all the way down to our overlap support. In terms of potential stop loss levels, we're placing it slightly above te 50% Fibonacci retracement to give it a bit of breathing space. Please be advised that the...
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Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Pair : NZDJPY Direction : Short Result : +0.5%
We're seeing price test a key 78.6% Fibonacci projection + an overlap resistance. We could see a reversal from here that could take prices all the way down to slightly above the 23.6% Fibonacci retracement at 0.8177. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third...
Price is approaching a key overlap support where there is a 127% Fibonacci extension and a 78.6% Fibonacci retracement. We could potentially see a bounce from here to take prices back up towards the key overlap resistance at 1.7625. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider...
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 is pulling away form the trapped bulls high up form last week with eyes on last week's lows and last month's lows for the week ahead.
For Kiwi, the RBA will be key but technically, the pair is testing last week's highs and there are prospects of a reversion to the trendline.
Price is testing a major overlap support at 1.7835 which happens to coincide with the 50% Fibonacci retracement. Along with that, there is a fair bit of bullish momentum with the Ichimoku cloud support and the ascending trend line. A bounce form here could take prices all the way to the recent swing high resistance at 1.7998. Please be advised that the...
Price is testing a key overlap resistance which is also in line with the 38.6% Fibonacci retracement and the -27% Fibonacci expansion. A reversal from here could see prices drop all the way down to the 0.6071 support level which is an overlap support level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a...
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.
-SL @ 1.1395 🚫 SLO @ 1.1380 ⏳ SSO @ 1.1366 ⏳ TP1 @ 1.1340 (shaving 25%) TP2 @ 1.1315 (shaving 25%) TP3 @ 1.1300 (shaving 25%) TP4 @ 1.1275 (closing ALL Sell Orders) SUPPORT @ 1.1266 IBR @ 1.1250
-SL @ 2.0750 🚫 SLO @ 2.0560 ⏳ SSO @ 2.0190 ⏳ TP1 @ 1.9485 (shaving 25%) TP2 @ 1.8875 (shaving 25%) TP3 @ 1.8433 (shaving 25%) TP4 @ 1.7755 (closing ALL Sell Orders) SLO1 @ 1.7590 ⏳ (preferred) SLO2 @ 1.7190 ⏳ (secondary) -SL @ 1.7000 🚫
TIMELINE 00:00 Intro 00:52 DCA Entries, TPs, SLs 03:48 Technical Analysis for Novices 08:20 Technical Analysis for the Pros 10:55 BIG PICTURE (21D) 12:27 Boost, Follow, Comment, Join -SL @ 90.00 🚫 SLO2 @ 89.33 ⏳(21D) SLO1 @ 89.00 ⏳ (2D) SSO @ 88.33 ⏳ (2D) TP1 @ 87.80 (shaving 25%) TP2 @ 86.80 (shaving 25%) TP3 @ 86.15 (shaving 25%) TP4 @ 84.90 (shaving...
GBP/USD: • If price pushes up to give us a confirmed second top and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up to give us a confirmed second top and the last part of the move is impulsive, then I'll be awaiting a...
We may see a bullish correction at this juncture. Bears are in control, however.