


AidiDuhanxhiu
The FX:NZDCAD pair is again on the resistance contained by a downward channel that has been going on since November 2016. For now I don't see any fundamentals that will lead to a decrease or an increase but only technical analysis, so we enter short without overleverage targeting the 0.85/0.86 zone.
In any timeframe I watch this cross I see a very good chance of a bullish continuation from weekly to daily. As far as the daily has formed a huge cup and handle that we can exploit in our favor by monitoring the zone from 1.14/1.143 entering long al to confirm that the resistance of now becomes a support taking as target the 1.156. IT In qualsiasi timeframe...
From a monthly and weekly perspective the trend is absolutely bearish even if I see a weakening of strength. As for the daily there is a good chance of a head and shoulders formation ( wait for the confirmation !! ) . I expect a reaction on this support as we find an important support in the area between 1.80/1.79 that more than once has shown support/resistance...
Good evening, Traders. Last analysis of the week. We have followed the GBP/CAD cross quite a lot in the last 3 weeks, scoring 2 times in profit and 1 time taking the stop loss. I see that despite repeated attempts to break in the last month the cross has not been able to break through the resistance. Considering the fundamentals of this period I thought that an...
It is simply much more likely a short because the price has been rejected several times in the resistance area. On the chart there is the necessary. In red the resistance area that rejected the growth, in green the support area and the next possible target. Semplicemente e' molto piu probabile uno short siccome il prezzo e' stato rigettato piu' volte in area di...
Short outlook in this week after the rejection of the 0.655 zone. Entry level on the resistance.
Good morning, all traders. Today I will focus on the GBP/NZD cross, which after a long period of bearish movements has created a channel. We are in an oversold daily timeframe zone, in fact, following the price action, the price after a breaking down the channel is back inside it. I opened a long position in zone 1.946, target zone 1.965 with extension 1.973.
Good afternoon, traders. I remain with a long view on the GBP/CAD cross. I expect a retracement of at least 0.618 fibonacci if it breaks this level it may continue the climb in search of a new high. I am taking this level into account for now. I will update next week the post.
Good evening, all Traders. We will probably see a completion of the figure in the next few days. We' ll go only on breaking neckline.
Good morning Traders, today we entered long on GBP/CAD with target 1.72, in the 0.5 fibonacci zone which corresponds to the opening of the candle on May 15. Considering that last week the pair had little volatility, the 1.714 breakup could give further upward momentum. A good entry point could be in the 1.705 zone. On the daily the GBP/CAD is supported by the...
Good morning everyone, we finally reached the target this morning for the GBP/USD pair. At this point we exit the position, take profit and see how it performs on the resistance line. If it should reject the growth we can plan a good short entry. The entry was not perfect but we kept the position with a small loss and managed to close green again. If you like the...
Share in the comments your idea for FX:AUDNZD .
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Short positions below 1,238 with target 1,231 and 1,227 increasing. Above resistance of 1,238 targets 1,242 and 1,244 Supports and resistances 1,2445 1,2420 1,2385 1,2354 1,2310 1,2270 1,2245
Probably GBP/USD is forming a death cross ( 200 MA crossing 50 MA ), if I'm right we can make a great deal. FIRST WAIT CONFIRMATION! This is an educational trading idea so before entering the market, consider the risks very well.
Possible short to retest the supports. Could be strong fluctuations tomorrow due to the release of US data on crude oil stocks and ISM manifacturing PMI.
What do you think? It is possible this pullback?
Usd/Nok can grow if breaks the actual resistance. Buy limits are displayed on the chart.