EUR/NZD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.7978 which is an overlap support that lies above the 61.8% Fibonacci retracement level. Stop loss is at 1.7830 which is a level that lies underneath a pullback support. Take profit is at 1.8134 which is a pullback resistance. High Risk...
Big line here. Nice base, macro winds favorable, juicy swap! You're welcome
The Kiwi (NZD/USD) has made a bullish reaction off the pivot and could potentially bounce higher towards the 1st resistance. Pivot: 0.5930 1st Support: 0.5883 1st Resistance: 0.5974 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
The Kiwi (NZD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.5932 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 0.5980 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take...
The Kiwi (NZD/USD) is trading close to the pivot which has been identified as a pullback resistance. Could this FX pair stall around this level before potentially reversing to drop towards the 1st support? Pivot: 0.5930 1st Support: 0.5873 1st Resistance: 0.5974 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should...
GBP/NZD is falling towards a breakout level and could potentially break through it to drop lower. Sell entry is at 2.0899 which is a potential breakout level ( wait for the 4-hour candle to close below 2.0899 for confirmation ). Stop loss is at 2.1225 which is a level that sits above a pullback resistance. Take profit is at 2.0417 which is a swing-low...
The Kiwi (NZD/USD) is rising towards the pivot which has been identified as an overlap resistance. Could this FX pair stall around this level before potentially reversing to drop towards the 1st support? Pivot: 0.5952 1st Support: 0.5870 1st Resistance: 0.6059 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should...
Trade of trades, I opened a position on Friday, but you're still on time. I'm warning you, you need to be very patient for this and have a unique personality. I'll try to handle it, I already put in my mind that it could take weeks until the break out and no matter what happens I'm holding. I recommend to open a small position and add at every drop or whenever you...
The Kiwi (NZD/USD) could make a bearish reaction through the pivot to potentially drop lower. Could the bearish momentum drive this FX pair towards the 1st support? Pivot: 0.5863 1st Support: 0.5779 1st Resistance: 0.5930 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
GBP/NZD is trading close to a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 2.1033 which is a pullback support. Stop loss is at 2.0983 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 2.1106 which is a pullback resistance that aligns close to a...
The Kiwi (NZD/USD) has just reversed off a key support level to climb higher. Bullish momentum could carry it towards the Fibonacci retracement at 38.2%. Buy entry is at market (0.5899). Stop loss is at 0.5849 which is a level that lies underneath a pullback support. Take profit is at 0.5953 which is a pullback resistance that aligns with the 38.2% Fibonacci...
The Kiwi (NZD/USD) has made a bearish breakout through the pivot. Could the downward momentum potentially carry it lower towards the 1st support?1 Pivot: 0.5953 1st Support: 0.5872 1st Resistance: 0.6059 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex...
The Kiwi (NZD/USD) has made a bearish reaction off the pivot which has been identified as a pullback resistance; this FX pair could potentially fall towards the 1st support. Pivot: 0.6007 1st Support: 0.5974 1st Resistance: 0.6042 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
The Kiwi (NZD/USD) could fall towards a potential breakout level and drop lower from here. Sell entry is at 0.5965 which is a potential breakout level ( wait for the 1-hr candle to close below 0.5965 for confirmation ). Stop loss is at 0.6006 which is a level that sits above the 23.6% Fibonacci retracement level and a pullback resistance. Take profit is at...
The Kiwi with ticker NZDUSD woke up last year with a strong reversal on daily chart after a completed larger, higher degree (A)-(B)-(C) correction in B/II, which can be signal for completed deep correction, especially after higher highs and higher swing lows formation up from November 2023 lows. In fact, there was also some nice accelerating price action through...
NZD/USD reacted positively as the RBNZ kept rates again at 5.5%, appeared a little more worried about inflation than the last time and said it is necessary to maintain a restrictive stance to reduce price pressures. The move above the EMA200 gives it the opportunity to take out the 38.2% Fibonacci, but does not yet inspire confidence for further gains that would...
The Kiwi (NZD/USD) is trading close to a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.60181 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 0.59750 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take...
The Kiwi (NZD/USD) is heading towards an overlap resistance which has been identified as the pivot point. Could price potentially stall around this level before making a bearish reaction to drop lower towards the support level at 0.59392? Pivot: 0.60304 Support: 0.59392 Resistance: 0.60940 Risk Warning: Trading Forex and CFDs carries a high level of risk to...