NZX 50 Index

NASDAQ

NZD

area might provide us with a decent opportunity to look for further downside on this pair of NZD/CHF The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.

short opportunity

Index down to about 141.76, then up. If this happens NZD/USD will first go up ( 0.7050 ), then long down ( 0.6510 ).

Thanks for viewing. The price decline of 2015 to 2016 can be plausibly labelled either a WXY (double ABC) correction or as a single impulse wave down. There seem not to be any failures within what is quite likely an impulse wave down. So that leaves two main scenarios on the table: 1. That we have had the wave (4) correction and are working on wave 5 (we are...

NZD

Bearish Bat pattern, gann resistance and fib resistance are showing that NZD has nowhere to go but down.

Hello, Very interesting developments right now in the NZX - it only recently seems to have recovered from the 2008 economic shock... and then this happens. Wave A was clearly defined and there are 5 sub-waves that are valid and meet all extensions / dimensions. Then things get a little complicated, Wave B seems to have taken the form of an expanding symmetrical...