The good NFP and economic data helped the USD surge across most major pairs on friday. I am looking for a drawback then chance to hop on to some hopefully continued strength. I would like to see a drawback and rejection at the zone I've drawn to validate a sell upon a kumo breakout. We have our ichimoku bearish confirmations, but we'll want to see those hold and...
By Andria Pichidi - June 17, 2019 NZDJPY has remained buoyant at 70.70 after bouncing from a 5-month low on Friday at 70.42, on Yen selling. This price action comes with there being little directional impulse in stock markets in Europe or Asia, but also as Kiwi leads gains since Asia Pacific trading amid better risk sentiment. Markets are anticipating major...
This is the same setup as last week as we continue to watch this develop. We have formed a new higher lower but I still want to see that break of price structure resistance before I open a long position. There may be some volatility this week as more Trade War rhetoric is hashed out by the Trump administration. It may give us the push this setup needs to get a...
Ok, for all the people asking me why i have clean all my charts... i have a lot going on in my charts, but im not gonna share all of my effort for free, im giving you the call. For me that is enough. If you want to learn how i do my analysis and how you can improve your trading: DM me in this platform for mor info. Enjoy the profits my friend
The Kiwi saw a nice ~30 pip pullback during the US trading session today after gaining 60 pips over the previous 2 days. With still plenty of room to grow on the H4 RSI and a failure to close below the day's open I see this move continuing on upward this week to at least to the ~0.691 levels where we were before last week's interest rate announcement. If you want...
After ECB & FED turn dovish mentioning global slowdown, RBNZ had no option except signalling next move to be rate cut. RBA have already been pretty dovish helping AUD/NZD to touch monthly lows in JAN - MAR. AUD/NZD finally been able to close above daily 20sma, also forms good bullish candle on monthly chart. AUD/NZD seems ready to rally in coming days/weeks. Risk...
Kiwi index approached its support at 6.8796 (horizontal swing low support, 100% Fibonacci extension,50% Fibonacci retracement) where it could potentially bounce to its resistance at 6.9311(38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback resistance ). Stochastic (34, 5, 3) is approaching its support where a corresponding bounce could...
Oscillators and exponential moving averages suggest a buy. If you're a trend trading, this one is an obvious long. Short when price action meets downward sloping resistance. Find more of my analysis with more words at www.anthonylaurence.wordpress.com
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We had a successful trade of NZDUSD earlier this week. I believe this is another chance to short this pair. I'll state my reasons below. First, on the Daily TF, a 3-pin pattern was formed, but I know it's not the most perfect 3-pin formation. It gives us a reversal signal. Second, on the 4H TF, it formed mini LHs and LLs, which show a downward pressure. My...
Lets see how this one plays off, high probability trading setup third bounce its in play whit 78.6% fib retrenchment perfectly align
This setup is based on the 4H chart. The overall trend is bearish, and I expect the price action (PA) to follow through. As I labelled on the chart, an evening star formed suggesting a reversal sign. The ideal situation is that we need to see a reversal signal on the Daily chart, so it will give us a stronger bias. If the price push up again, I'll sell this...
Clearly you can Up trends been broken, divergence on MACD indicator and the price tending to go to the downside on the bollinger bands.I also noticed that the price is at current highs on daily view or 4H so you know the motto ''Sell High & Buy low''.The pair also is heavily correlated to EURNZD who is showing heavy bearish sign's. I've entered a short on Kiwi...