In this update we review the recent price action in the NZDUSD and identify the next high probability trading opportunity and price objective to target
The identification of a reversal pattern around 0.695 area is a signal that there is a risk of a further decline in the price of the Kiwi. Find in the video how I intend to take advantage of the potential downtrend. I thought I publicly shared a publication on my bearish bias but unfortunately, I do not have it anymore, please bear with me. Risk...
I see a great opportunity to short the AUDNZD, especially to a half risk or break-even situation. Idea laid out here. 1% Risk 4:1 RR I would start taking profits sooner than 4:1 of course, but there is room to run on this trade. Happy Trading!
EUR/NZD Quick 10 Seconds Elliott Wave Analysis We can see a completed Wave 1-5 Down on the Daily Chart Today we are seeing a Wave C up (Bullish) Let's find out how
This Kiwi had its break followed by a few days of pullback/correction Is it now setup to do its Bullish 5th wave up on the 4 hourly chart? Let's find out
Hi Traders, I do expect rally to resume ( with that scenario overall switch to risk off has to happen ). Discussing entry and stop levels as well as possible targets. Happy Holiday Season Good Luck
Market participants seem to have taken Fed’s liquidity injections as QE, dragging dollar down. Despite increasing the balance sheet, the Fed’s move should be really reassuring investors that funding pressures, at least in the short-term, are and will be lower. Or, should it not? Well, the demand for funding was slower than expected near year’s end. But is...
China announced they will be lowering tariffs on a number of items come January 1st, making markets looking more festive ahead of Christmas! Aussie and Kiwi took the headlines with a positive tone, however, Cable kept entering lower territories on the back on post-election no-deal fears! Will the Santa rally continue? Have a look at our Elliott Wave analysis...
In today’s market insights I talk about Trump’s latest tactical move to intimidate China into a partial deal! With China having retaliated for the HK bills and manufacturing data confirming that the trade spat is now weighing on on the US economy, risk appetite returns with the Tariff Man! Will tariffs against Brazil and Argentina push China in the corner, or...
In this video update, we take a look at the NZDUSD as the price has recent burst through the Monday candle high suggesting we could see a continued move to the upside. Looking at the lower timeframe the key moving averages are lining up in line with a long bias.
In today’s #marketinsights video recording, I talk about NZDUSD and USDJPY FX Majors Not only markets expected with 80% chance that RBNZ will cut rates which they never got, but the central bank also said that kiwi is expected to be supported in the medium term by the low exchange and interest rates. USDJPY on the other hand, remained somewhat muted as Trump...
Hello dear Forex friends, hope you're doing well guys! ;) The Kiwi is at a critical stage similar to the Aussie: We have only a few important levels left, before the 2008 financial crisis lows are lurking in the background. The Kiwi falling down to 60 Cents psychological would at the same time mean that we get oversold on the Weekly, which would be a great...
In this video update, we take a look at NZDUSD as we expect the price to test the 0.6700 resistance. The CoT reports highlighted an increase in long contracts this week showing us the commercials are happy to buy at these levels. The 4hr timeframe has highlighted a minor demand zone around 0.6600 where the price could find buyers.
NZDJPY has been high on our watchlist for a long opportunity for some time now. The 4hr chart is starting to form a higher high and a higher low and is set up for a swing trading opportunity.
In this video update, we are taking a look at NZDUSD as the price is breaking into new highs on the daily timeframe. Now that price is breaking higher we can look for potential add in trades on the lower timeframes. We already hold a position on the daily timeframe from the initial bullish engulfing candle. We are expecting price to test the April highs around 0.6700.
In this video update, we take a look at the swing trading opportunity we identified in yesterdays youtube video. We are expecting the price to continue to move higher after finding support. As it is a Friday you can look to manage the trade in accordance with your own trading plan.
NZDUSD remains weak across the board as we outlined in our market outlook this week. We expect this to continue against the stronger currencies however we may see some buyers step back into the market at the key demand zone here. This will be likely ad the DXY sits at the key resistance, any USD weakness will help the NZDUSD price push higher.
NZDCAD is a very wild bucking bronco. Recent price action in a ranging market holds some potential for long or short positions. But at this time it's a waiting game. Avoid FOMO.