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Technical-analysis

EURNZDMY bias on eurnzd today is to the downside after rejecting the at 61.8 fibonacci retracement level and breaking the trendline, and their is a rumor that newzealand will hike interest rate this might possible drag eurnzd to the 1.57662 level if we are to follow buy the rumor sell the news rule, and if you're looking to buy this pair wait for the break of 1.60000 level before you can decide that buyers are back to the market... do not risk more than 2% of your account on a trade note: this is base on my view only not a financial advice
Short
by AMBAFX
Bitcoin Bullish ProjectionRed lines: resistance levels Green lines: support range Yellow Dashed: Range that I believe will make the bounce / reversal VPVR on the left for better display of resistance / support levels Circled points: Similarities of L shape formations where Bullish Rally followed. Based on the VPVR and the repetition of the circular formations, I make the bullish projection for the price of bitcoin after the end of the bear wave (-15% ~ -20%) from the rejection at $ 48,000.
BITMEX:BTCUSD.PLong
by Gentas_VIP
AUDUSD [Return To Fair Value Area]Good evening, it seems that the AUD is grinding against the Dollar and will inevitably return to the fair value area that it had maintained for some time before the bearish cycle that got cut off early. The reason for this is the increasing uncertainty about the degree in rate hikes for the Dollar, the increasing problem of inflation for the Dollar, and the risk on sentiments churning underneath the hood all of which contribute to the bullish scenario we have been seeing the AUD experience against the dollar. The technicals seem to indicate exhaustion, but in my opinion, this is simply accumulation prior to the big move in my humble opinion. The bulls seem to be holding the break of its prior bullish channel on the upside quite well, as they'd need a quite strong bullish move to establish the AUDUSD within proximity of its past fair value area. Now, this is only speculation and not financial advice... but I personally will be going long on the AUDUSD, will give an update on the outcome of the play. God bless, trade safe.
Long
by ExpandYourMind
$omi buy zoneThesis: Using Elliot wave theory from our 1-5 correction with a trend-based fib from 1-2 we've retraced back down to our 1.618 level. That level is also shown in the past looking at our green box to be a clear area of support. Using a trend line from Jun 2021 if we look at recent price action it lines up with the idea of this being a local bottom. I personally bought $350 @ 0.00285 and will be buying another $350 if we can reclaim support above our resistance line from March 2021.
OLong
by isaiahescobarrr