Not a trade Idea! Only a chart about the situation of the FX_IDC:NZDUSD for this 2017! Let's see how It goes...
USCNH undergo high volume selling and plunge close to 1%. Now reaching key level of support. Once the support level break expected a lot of space to drop before reaching 200MA area at 6.71 to 6.74 support area. Key thing to take note if the selling momentum continue for the week might raise bearishness for other USD pairs too and opportunity for short seller to come in
Looking for a breakout to the upside, due to the strengthening of the US dollar
Note: Overall, we are bullish on GBP/CHF pair. There is strong pin-bar appeared above the support zone, a good signal that it might go bullish. There are 2 trading plans for this pair: 1. Wait for another bullish signal to long. Or wait for 2nd bullish signal to long it. 2. If the price breaks the support zone. Wait for pullback to the support zone and short!
Note: EUR/JPY follows our prediction previously. Overall, we remain bullish on this pair. We have 2 trading plan for this pair: 1. Long now or zoom into H4 chart to look for pullback and bullish signal to long. 2. We wait for pullback to the support zone again and another strong bullish signal to long with right risk amount.
Note: Overall, we are bullish on CAD/JPY. There are 2 trading plans for this pair: 1. It is a Swing Setup, price pullback nicely to the support zone and 20-EMA. We see bullish signal bounce back from 20-EMA and Support Zone. A good signal to long now. Alternatively, can wait for pullback again and another bullish signal for confirmation to long. 2. If a 2B...
According to the first views that offers a possible administration (USA Trump system on) more favorable with russia in the punctual, to stabilize the price of the oil, it is also very possibly that his prices in the future.
This is a butterfly setup that I have spotted on the H4 timeframe on GBP/USD. Its a solid retracement before going downwards. Lets see how this trade plays out. Should reach around .382 retracement and hopefully even reach 0.5 if we can get lucky.
If you agree like if not tell me why in the comments thanks.