This is monthly timeframe and NZDUSD is likely to make a bounce (perhaps, just brief) to the upside, a long opportunity in the short-term times, as H1 -4H.
Goof Morning Traders From South Africa.
It seems to me that EURGBP is set to begin the uncomfortable work of recouping back some of the recent bearish gains. What may follow is likely to be a retracement than a trend change. Overall, I am, however, bearish.
Cheers!
Hello traders.
My sentiment changed from bullish to bearish on this pair.
Looking at weekly timeframe, one would see that the pair was in a bullish retracement/reaction which is seemingly fading into what would seem a bearish impulse move.
Let's see.
Good afternoon traders!
So far I have found only a short scenario on this pair, perhaps a long scenario may emerge once price breaks out to the upside of the rectangular range; until then, however, I remain relatively quite bearish.
It will be interesting to hear your views. Cheers.
All the best!
My yesterday's short opinion flunked. However, I have learnt that a stopout does not mean fail. If this setup fails yet, then my short bias is null and void--- I am going home. See the related ideas
Good Day from South Africa!
As I far I am concerned a doubt if the current support is likely to hold. It seems price dip a little before reversal, if at all.
Cheers!
