NEW ZEALAND DOLLAR / EURO NZDEUR

So NZD is not really a perfect buy right now - sloping channel and clear downtrend. However, there is some support for a bounce in early next week. For example, AUD and NZD often has some sort of correlation, and both look like jumping. Trade: - Channel bottom stopping momentum like has happened previously many times before. - Stoch and RSI coming from super ...

NZDEUR is currently approaching resistance at 0.5850 a critical price point which might determine the short to medium term price direction. A break above 0.5850 could see prices continue to its next target at around 0.5890 If unsuccessful then we might have an opportunity to take a short position with a target price around 0.5805

EURO has hit its minimum target for the ending diagonal on the daily chart. Next week can start to watch for potential shorts in EURO in general. Strong pairs like EURAUD, EURCAD and EURNZD would provide indicator for weakness in EURO in general. EURGBP at 8940-9050 should either breakout or breakdown from there. EURUSD is a tough trade honestly and any EURJPY ...

Seems there is one last trick for general Euro strength until it breakdown. Ending diagonal structure still in place.

Market Analysis ABCD pattern is completed now in NZDEUR 1 Hr timeframe which enables to enter SHORT trade with RISKREWARD 1:1

possible wedge formation

2618 Strategy!

We can take a LONG tarde in NZD EUR pair due to the following reasons 1) Bullish Gartley Pattern 2) ABCD completion

NZDEUR BUY ENTRY IDEA , WATCH PRICE ACTION @ 20MA (BLUE COLOUR MA)

CYPHER & ABCD so we can go SHORT trade

Price is testing the previous resistance. watch for the price action, if does not break below then watch look for buy and aim for the above GAP.

Sell the breakout of the Ending Diagonal Bearish Alt. Bat

Euro is starting January with a selective middle ground. Great against weaker currencies like USD and GBP and weak against stronger ones like AUD, CAD, NZD. Euro is practically nowhere with Yen. Great for range trades but sticking with EURUSD EURGBP as longs and shorting Euro with AUD/CAD/NZD.

Selling

Short opportunity

Hey traders we are looking at pretty good Gartley pattern backed up by good resistance Lvl and RSI undersold. My TP is set at 0.382 retracement

This could be the TIPPING point for the New Zealand Currency. Now, to find a currency to exchange with it that is moving up. Candidates: USD...still thinking....

NZD is a short against its main trading partners. The uptrend in this biweekly chart exceeded the target and ran right into the previous downtrend mode, so it'll naturally come back down to the uptrend mode at the very least. Look for prolonged weakness in NZD crosses, and exploit it. Thank me later... Check out my updated track record here: ...