The pair broke a minor activity area & is currently moving downwards, expect it continue that.
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The advance from October 2019 low can is taking the form of an impulsive Elliot Wave pattern, labeled 1-5. Wave 3 also subdivided into five-wave labeled (i)-(v). To complete the major structure wave 4 and wave 5 are required. Price is expected to complete wave 4 correction around 38.2% Fib, which also lined up with channel support. Once wave 4 is bottomed, an...
Nzdusd - weekly chart - looking to short kiwi next week as we head into the first full trading week of 2020.. Im seeing dollar rebounding for a bit before going lower so expecting pullbacks across all majors and nzd seems to be the weakest.
NZDUSD been in a steady downtrend since 2018. The market is currently in a corrective phase. Here is what you should watch out for in order to catch the next probable impulsive move.
NZDUSD SELL SELLING FROM 0.6420 TP 1 0.6325 TP 2 OPEN To get involved with mentorship or get more trade ideas; contact me. Instagram @VARGOSCAPITAL
Hi traders , from my point of view I see a very clear inverted head and shoulders reversal pattern on this pair. The price after rising higher fell down to retest the neckline and seem to respect it. I see high chances of price rising higher up to 0.67097 but may stagnate at the indicated levels. I would appreciate your views on the pair in the comments section....
NZDUSD has been in a downtrend for quite some time. Scenario 1: On reaching to a strong support level it has formed what looks like a perfect inverted head and shoulders reversal pattern. Price is currently at the neckline and what we expect next is for it to move up a little bit then pull back for a retest of the neckline so that we can go long for the...
I believe NU is going to melt soon. Failing to sustain bullish momentum. For all my personal forex trades or forex education hit the link in my bio!
NZD/USD struggling to pull away from multi-year lows, trading below 0.6350. Coming up: ANZ Activity Outlook and Business Confidence reports. We can expect positive greater forecast than july 2019 and possible buy.
Price hit major support and bulls are already in for a swing trade buying from the dip. Holding this position for few months targeting 500-550 pips profit. Good luck guys
Possible pullback or may go straight through, will be watching for strong price action...
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