In this video update, we look at the NZDUSD price as it sits back at the key demand zone. We could see some short-term strength here if the USD weakens significantly in the coming days. Price could head back to the middle of the range and we are looking for any signs of bullish price action like a double bottom pattern for example. If we see any 4hr cycle changes...
In this video update, we take a look at AUDNZD as price continues to break highs. In our market outlook, we expected the price to move higher after a retracement, price ended up forming a bullish flag pattern before continuing higher on the 4hr timeframe. Now that we have a clear change in the trend we can look for continued moves higher on pullbacks.
NZDUSD remains weak across the board as we outlined in our market outlook this week. We expect this to continue against the stronger currencies however we may see some buyers step back into the market at the key demand zone here. This will be likely ad the DXY sits at the key resistance, any USD weakness will help the NZDUSD price push higher.
In this video update, we take a look at EURNZD as we could see this market complete an inverse head and shoulders pattern that is forming on the daily timeframe. If we see a break and close above the neckline resistance we have the opportunity to look for a long position.
In this video update, we take a look at the NZDCAD as price failed to break out of the resistance trendline. Typically, when the market falsely breaks out of consolidation we see a move in the same direction. The weekly chart finished has as a bearish engulfing candle and we could see price continue lower. Looking to the 4hr timeframe, we can see price...
In this video update, we take a look at AUDNZD as we expect this market to continue to move higher. Technically the market is currently consolidating on the 4hr timeframe. Ideally we would like price to head back towards the 1.0370 structure highs however, with price forming a bullish consolidation pattern we could expect a break higher. If the market breaks...
There are a number of catalysts that point to the end of the dollar run, however, the Feds pivot is a necessary piece of the puzzle.
After a dovish pivot from the ECB, the Fed must act rather than talk in order to change the course of the dollar's trend. There is a 70.2% probability of a rate cut in December priced in yet Powell expects to hike 25bps in 2020.
Hi everyone. My name is Khalid from TFS Price Action Trading, Malaysia's leading forex trading course. Please watch the 1-minute video for our NZDUSD 4H analysis. Thanks and cheers! KHALID HAMID
In this video update, we take a look at NZDUSD as price is respecting the supporting trendline zone. However, we could see further downside to come to the kiwi as the RBNZ did state that the next rate announcement will likely be lower. If the market rallies back to minor resistance levels we will be looking for further shorting opporunities here.
The Fed is yet to capitulate on the idea of a rate hike before the dollar peaks!
Yesterday the RBNZ announced that they had left rates unchanged at 1.75% however the next rate announcement will likely be a rate cut. This sparked a bearish move on the kiwi across the board with the RBNZ taking a severely dovish tone. Now price is back at the trendline support we could expect a retracement before a continued move lower if we see a confirmed...
In this video update, we take a look at AUDNZD as price could be shifting trend. The reason being the NZDUSD price is sitting at resistance and the AUDUSD price is catching a bid with room to the upside. This could mean that price could change trend here especially with the AUDNZD price sitting at a key demand zone. The 4hr chart is showing us a change in trend...
The Fed's counterparts are now easing, despite the highly dovish rhetoric, the Fed are not doing enough to weaken the $.
The NZDUSD pair has formed a nice, large bearish pin bar. The pin bar has a lot of positives going for it such as a very large upper wick, narrow body, and also the fact that it has closed below the upper trend line of the pennant that is currently forming. The negatives with this setup that I think weakens it a bit is the fact that price is still contained...
The US is EXTERNALLY funded, they cannot become Japan, don't be crazy! In order to become Japan, the currency will be sacrificed as they buy back the 35% of US Treasuries held at foreign central banks.
NZDUSD has been playing out within a large consolidation pattern on the daily and weekly timeframe. Price seasonally for the kiwi sees growth and we could expect prices to break higher moving forward. However, we have to remain aware that price is within this larger timeframe consolidation and price could remain here if we see any rejection of the higher trendline...
Many have been watching NSDUSD. In this analysis I spot and evaluate where the bearish pressure is coming from. There are opportunities on 1H to 6H time frames, depending on reasonable risk tolerance relative to account size.