Our first Major Target comes in at over 7.5r We are often asked what the concept of R or R:R means. Simplified it means for ever $100 RISKED we are looking to get back 7.5 times more, so therefore in the case of this trade we are looking for $750 for each $100 dollars that we are risking. Feel free to send us any of your questions that you have we are here to...
A short position on AUDNZD from a significant point of resistance.
NZDJPY - 24h expiry - We look to Sell at 85.00 (stop at 85.75) Previous support located at 84.00. Previous resistance located at 84.50. Indecisive price action has resulted in sideways congestion on the intraday chart. A move through 84.00 will confirm the bearish momentum. Our profit targets will be 82.50 and 82.00 Resistance: 84.50 / 85.00 /...
This pair has been on a near 9 week bulllish run and fast approaching a untested Monthly SUPPLY/SELL zone just above 0.85 you should now look for a correction down towards the last swing high in the previous down leg around 0.82 though it may drop down to 0.80 before heading back up and going the higher levels of the Monthly SUPPLY/SELL zone. So I am now...
The NZD/USD has been on an uptrend since mid-October. However, this rally may be on a temporary halt as the pair hits the upper trend line on its downward channel, as shown below in the daily timeframe chart. For now, the long-term downtrend, since the start of the year, is still intact and could signal a possible reversal for the short-term rally for the New...
A couple surprising notes have appeared in the Bank of International Settlements’ (BIS) survey released today (28/10/2022). The triennial (occurring every three years) survey was conducted with the involvement of monetary authorities, like central banks, from 52 territories as well as 1,200+ commercial banks. Trading volume increases Foreign exchange trading...
The GBP/NZD has continued to sink from its recent high of 2.032 and is now well below the 2.000 level that the pair closed below on Tuesday. A major factor determining the movement of this pair is the respective inflation rates data from each country that was released this week. The annual Inflation rate for the United Kingdom rose back to 10.1% in September...
By the close of last week's trading session, the top 3 worst performing currency pairs came out to be the USD/PKR (-4.91%), NZD/USD (-2.61%), and USD/SEK (-2.04%). To help determine the direction that these pairs will take this week, we will use the Hacolt Indicator (Vervoort Heiken-Ashi Longterm Candlestick Oscillator). Will the pairs continue to slide, or are...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
Sell Limit: 1.11000 - 1.10900 Take Profits: 1.10400 - 1.10000 Risk/Reward Ratio: 2 Careful trading. Only trade ideas to assist you in your journey. Leave comments, message me for specific currency pairs, cryptocurrency, stocks, and global indices. CLICK LINK FOR 4HR ANALYSIS.
Chart Analysis Technical Analysis: - Price recently fell below a long term uptrend upper trend line and trading in a tight range near the lows of full range. - Price seems to be forming either a rising wedge *(bearish chart pattern) or a triangle wedge *(bear or bullish chart pattern). Supporting the indecision and why price trading in tight range...
Hello, NZDJPY has reached its resistance ,we have Accending channel if the channel breaks we should wait for pullback and go for short. Comment me if u have any idea
- NZD/CAD has a nice overall move towards the downside on multiple time frames. - We are seeing bearish pressure on a recent bearish engulfing candle formation on the 4-hour time frame & it made a new low on the 1-hour. - There is not much big news today that might have a huge impact on the overall trade direction as hedge funds are still showing that NZD is being...
-High-Timeframe (1D) Bounced resistence trendline -Mid-Timeframe (4H) Also bounced -Low Timeframe (1H, 15m) First created new pattern for down and then broken trendline into down MY EVERY TECH ANALYSIS IS SIMPLE TO USE. ALSO EVERY SINGLE MONTH I DO CONSISTENCY 3-15% PROFIT.
Hi Traders, Nzdusd is still developing into a short opportunity. Previous price action gave us an impulse breakout of the corrective structure which is forming yet another correction still giving us validation for this sell. Wait for another breakout and confirmation, patience is key. Please support me by clicking the like button if this analysis helps you....
Possiblity of a short position after the rejection of the .68 support. Trade with care
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.
FX:AUDNZD 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.