NZD-JPY broke out of the Horizontal range and also Broke the rising support So as it is now making A pullback I think There is a high chance To see a move down !
GBPNZD formed a classic cup & handle formation. The market is trading in a long-term bullish trend. The neckline of the pattern is the only obstacle for the buyers now. Its breakout will initiate a trend-following movement to new highs. Daily candle close above 2.075 will confirm the violation. A bullish continuation will be expected then to 2.085 ❤️Please,...
Hey Traders👋🏻 The NZDCAD Price Reached A Support Level (0.82628-0.83115) ! Currently, The Price Broke This Key Level (Support Level Becomes New Resistance Level) So, I Expect a Bearish Move📉 ----------- TARGET: 0.79675🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hy team we are here to update about EURJPY. EURJPY exactly moved According our Analysis after breaking the bullish pennant. Now here because of today market closing we can see a small drop in price. After that it can again follow bullish trend. We can cash here small bearish Retesting. Keep in touch we will update further soon.
Here is my analysis for GBPNZD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my analysis for NZDJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDUSD - 24h expiry Previous support located at 0.6175. Previous resistance located at 0.6200. Trend line support is located at 0.6150. A lower correction is expected. A move through 0.6175 will confirm the bearish momentum. We look to Sell a break of 0.6175 (stop at 0.6205) Our profit targets will be 0.6100 and 0.6075 Resistance: 0.6200 / 0.6220 /...
Hey Traders, in today's trading session we are monitoring EURNZD for a buying opportunity around 1.76700 zone, EURNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend 1.76700 zone. Trade safe, Joe.
In the daily timeframe price has been moving in a symmetrical triangle , we see that price has touched the lower trendline of the triangle , which fueled a move to the upside before a retracement of just below 78.6% , Now price formed a W pattern then retraced to the neckline of the W we could see a potential upside from this neckline . However NZD being in...
NZD/CAD had a downtrend and is facing a trend reversal for short-term
Based on the chart pattern analysis, it appears that the price is forming higher highs (HHs) and higher lows (HLs), which indicates a bullish trend. Furthermore, the Relative Strength Index (RSI) does not show any divergence currently. I recommend taking a long trade with a risk/reward ratio of 1:1 Please note that this is my personal analysis and trade plan,...
NZDCHF / 4H Hello traders, welcome back to another market breakdown. NZDCHF seems to be respecting a bullish structure and pushing higher. I'll look to get a position on this pair as long as the structure is respected. Checkout the chart for what type of confirmation I would like to see first. Trade safely, Trader Leo.
NZDCAD completed a Death Cross yesterday on the 1D timeframe with the 1D technicals naturally bearish (RSI = 41.395, MACD = -0.004, ADX = 27.419) as the price is under the middle of the logn term Megaphone pattern. Every Lower Low has so far been at or under the Fibonacci 1.236 extension. With the 1D RSI under an LH trendline itself, we are going short, targeting...
And yes, I said "obviously" on the title to clickbait you. Nothing more than that. Haha. Anyways. Hey Traders! 👋 For Day 37/100 of our challenge, we will look at an update on our data-backed NZDJPY long idea we sent out two days ago Technicals: (update to tagged idea) - 0.97 pivot area successfully rejected - Made an impulse move to 0.882 - Expecting long...
NZDJPY - 24h expiry Previous support located at 87.50. Previous resistance located at 88.00. There is no clear indication that the upward move is coming to an end. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. A move through 88.00 will confirm the bullish momentum. We look to Buy at 87.05 (stop at 86.5) Our...
GBP/USD: • If price pushes up to give us a confirmed second top and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up to give us a confirmed second top and the last part of the move is impulsive, then I'll be awaiting a...
There is a Bullish divergence present at the moment. A bullish trend would be confirmed once the first LH (Lower high) is broken and the first HL (Higher Low) and HH (Higher high) are formed. As part of my personal trade plan, I intend to enter a long trade with a 1:1 risk/reward ratio. However, it is essential that you conduct your own thorough research and...
Firstly, I want to congratulate those who follow my short sell signal of GBPUSD in my previous Idea. Technical Analysis : In a weekly Time Frame GBPNZD is approaching the Major Resistance area of 2.10500. A Massive rejection has seen many times in past. Whenever GBPNZD reached 2.10500 level a strong rejection occurred and trader hold GBPNZD sell trades for...