Here's a nice solid 1:1. Expecting a retest before testing prior low. Hoping for a quick trade.
I prefer breakout these 2 resistances line. We can long after break above them.
GBP/NZD has broken out of its consolidation phase and is extending upside after breaking resistance at 2.1252 (Mar 2nd highs). Momentum indicators are biased higher and the MACD has also given confirmation with a bullish MACD line crossover on signal line. Upside is likely to find next resistance at 2.1569 (Feb 22nd highs), further bullishness could take the...
GBP under tension because of the Brexit (that's it) Cyclically strong. Historical GBPUSD average at 1.6000 www.rbnz.govt.nz
GBP/NZD downside taking a breather at 2.087 levels, pair has edged higher on the day to currently trade around 2.09 levels. But downtrend in the pair still intact, momentum studies are bearish, tests of 2.0656 likely. Lower trailing stops to 2.11, target 2.0660
GBP/NZD hits fresh half-yearly lows at 2.1298, downside accelerating as we write. The pair has been trading a falling wedge, has hit wedge top resistance at 2.1997 and retraced from there. Brexit worries continue to weigh on the sterling, while the Kiwi stands supported on a rebound in commodity prices. Immediate support and resistance are seen at 2.1145 (May...
GBP/NZD extends declines below the cloud, hits half-yearly lows at 2.1446 before edging higher to trade at 2.1537. The pair has been trading a falling wedge, has been rejected from wedge top resistance at 2.1997 and retraced from there. Technicals show no respite from bears, we see scope for test of 2.1340 and then 2.10 levels. Downside has also been supported...
BAT PATTERN PAIR: GBP/NZD TIME-FRAME: 1HR TRADE: POTENTIAL BAT PATTERN This is the 3rd Bat Pattern in a row that we found in the London Live Room. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: facebook.com YOUTUBE:...
Will be watching this extremely closely, Reasons for breakout: a) we have a strong previous rejection at the 61.8% fibo level. b) prices have retested that area last week and rebounded strongly. c) MACD divergence in play d) with the poor NZD news yesterday, i expect NZD to fall even more to retest recent lows near 0.63 level A breakout and close above the...
CYPHER PATTERN PAIR: GBP/NZD TIME-FRAME: 4HR TRADE: CYPHER PATTERN Lot's of different patterns on the GBP/NZD. Currently involved in the Cypher Pattern and orders for the Gartley Pattern below it. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: ...
selling opportunity in GBPNZD ...
Bonjour, we've been stalking a trade here this morning, and I think we finally found one. Is this the level where the buy orders finally are taken out or will we see another break on NZD strength ... À bientôt, Maxmillian DuPont (www.myfxlifestyle.com)