Shorting NZD/USD now would be ideal as it is retesting the previous tested support level that price just broke through. We will be selling at this support turn to resistance zone (swap level).
Trade Details :
Entry : 0.6570
SL : 0.6600
TP : 0.6520
Entry : 1.4425
SL : 1.4440
TP : 1.3870
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Now is an ideal time to go long for the AUD/USD pair as it is settling at a major support level/quarter point around 0.7000. Price should reject off this level & push back up to either the bearish trendline or or the most recent resistance level.
Trade Details :
SL : 0.6980
TP : 0.7045
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On the 15Min TF a perfect inverse head & shoulders reversal pattern has formed. Bullish price movement should take over in the next couple hours so now would be a perfect time to buy Gold as a short-term trade.
Trade Details :
SL : 1267
TP : 1278
Now's looking like a good time to short the GBP/NZD pair as RSI (14) is indicating an overbought signal which confirms a pullback is bound to happen. Price should drop back to previous structure or even the tested trendline so we'll keep an eye out on these zones.
Trade Details :
SL : 1.9755
TP 1 : 1.9600
TP 2 : 1.9440
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Now is a perfect opportunity to short GBPAUD as the bears should start taking over and pullback the price to previous structure. RSI (14) is indicating that price is way overbought which confirms our pullback analysis.
Trade Details :
SL : 1.8630
TP : 1.8550
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Price is getting closer to a 3X tested bullish trend line which has the possibility to either breakthrough & retest for a short setup or bounce off resulting in an ideal long setup. For now we're just going to keep an eye on this setup and patiently wait until it approaches the designated zone.
Potential Trade :
Buy Limit : 1.9320
SL : 1.9255
TP 1 : 1.9400
TP 2...
price action moved impulsively and broke lower trendline of the ascending channel, currently a correction pattern is forming clearly on lower degree timeframes, sell breakout again
Buy Area 0.6770 1st Take profit 0.6825 Breakout this level another buy 0.6837 take profit 6920 area
Other side of Sell Area 0.6730 take profit 0.6610 area
daily downtrend has been exhausting after a push and is currently nearing a trend resistance level. Here i believe that price will start another push to the downside after the very big bearish engulfind candle last week.
looks like the trend will continue on EURNZD ... after the close on this daily candle, there will likely be continuation of the downtrend to new lower low prices
The AUDUSD is tracing out what appears to be the finishing stages of a downward move. Downward momentum appears to be finishing and our bias is largely bullish for the pair. However current downward move could still stretch to as low as 0.70191/0.70137 cluster zone. At this zone we expect to see strong buy orders enter the market if not before.
However, the...
AUDCAD has assumed a bullish shape. Currently we anticipate consolidating into long positions just above the blue trend line shown with target in the 0.96388 region. However, any price move or price close on a daily basis below 0.9352 zone invalidates the bullish outlook
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#gbpnzd is currrently sitting near a weekly resistance of 1.94516 and is retesting the area. It had a clean break to the downside, is retesting, and if the ceiling holds, could mean months of bearish momentum. With the setup that i have made, it is about a 300 pip risk before the Stop loss and a 2,250 pip gain down to the previous low of 1.68607. I think if you...
im expecting the trend to continue bearish for this pair. Here we have a highly respected resistance line and after this exhaustion, i believe that pice will continue to the downside
gbpjpy is trending down inside a beautifully respected parallel channel. i'm expecting this trend to continue with the weak sterling and continue to the bottom half of the channel. finding suppoot around the 1.36 levels
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