What to expect on EURNZD these week.The pair is forming higher highs and high lows on 4 hour time frame.
The is currently looking very bullish on 4 hour timeframe. GBPUSD has been printing lower lows and lower highs. We were waiting to see price reaction around level 1.34145 (Key support level). The price managed to print new lower lows at level 1.33548. I expect the price to climb high from here since it has already broken our descending trendline. The pair is...
The pair has been falling since the 12 of November 2021. The price managed to break critical support levels like 0..85355, 0.84725 and 0.84202. Even thought the price managed to close below level 0.84202 on the 17th I’ve been expecting buyers to act. I don’t see the price continuing with a further downward movement. Looking at the picture below we can see that the...
On the 5th of November the pair reached our strong weekly support, level 1.22889. The price failed to go beyond these level but it formed double bottoms as first sign of reversal. A retest of our descending trending line has taken place and bullish confirmation candle printed on 4 hour timeframe. Targets should be placed around level 1.26575 and stop loss at 1.24262.
The wait is over, I've been eyeing this pair for weeks. lets see how it plays out
Great opportunity with good risk to reward ratio....
Pullback taking place, I'll be buying this pair very soon...
Double bottoms formed, descending trend line broken ....what's next? I'm on the bulls side
The pair has shown us a falling wedge on 60 minutes chart and the price is currently on a strong support 0.87221. The price managed to breakout from a falling wedge we now waiting for a retest and a bullish confirmation candle before considering long positions. Our target will be at 0.88792 (most recent swing high), stop loss should be placed around level 0.86737.
Nzdusd 240 chart showing us a great opportunity to buy this pair....
Correction might be over now. waiting for the pair the break my ascending trend line
We might get a great chance to buy this pair on our ascending TL