NZDUSD A MOVE TO 0.8100 (YEARLY PIVOT) ON A BREAKOUT OF TRENDLINE, PULL BACK AND CONTINUATION. ** Check out Dollar Index analysis and commentary
NZDUSD has been moving south from the beginning of the week, resulting in a daily bearish pin-bar that could drag market down. Looking on H1 chart, we can see slow growth since midnight. The appreciation may turn out to be only a short-term correction, and in near future we expect to be able to test local resistance zone coinciding with a 38.2% Fibonacci...
NZDUSD broken bullish trend. Ichi also giving bearish signals on the 1H.
NZDUSD is SAME AUDUSD TRADEIDEA365 from JAPAN
NZDUSD had a bat setup that was invalidated by point D exceeding point X, so now we might be seeing a Butterfly. Could be at the 1.272 or 1.618 extensions. Per "Trade What You See" by Larry Pesavento, stops should go above the 1.618, and since entry at the 1.272 would be too much risk for me, I'll likely try to enter around the 1.618 to minimize that risk. In...
NzdUsd is in a monthly resistance of zones and fibonacci levels. Similarly, on the daily timeframe NzdUsd has printed a Kangaroo Tail, indicating a strong resistance in the zone sutuated. Personally, I have entered a short trade, however, a Crossover of the Moving Averages would provide a good indication of further bearish movements. Ask Questions, and give...