We have seen a lot of sideways momentum on the pair the past few days.
The pair is now approaching key levels, a break and retest of support zone @ 0.67229 will initiate shorts to 0.65710. However if support holds within the zone we could see a the pair continue to range between 0.68727 & 0.67229
TRADE WITH CLARITY, PATIENCE and PRICE ACTION!
We have seen a lot of downside momentum on the pair.
The pair is now approaching key levels, a break and retest of support zone @ 0.67229 will initiate shorts to @ 0.65710.
However a break of the CTL will warrant longs to upside target @ 0.68727.
TRADE WITH CLARITY, PATIENCE and PRICE ACTION!
NZDUSD UPDATE! Price stalled at previous daily support @ 0.67767 making a higher low .We are now seeing some bullish momentum a #break and retest of the CTL on lower time frames would suggest longs in the pair, however strong resistance around the 0.68727 area could possible prevent further longs to Upside target 1. If a clear break of daily resistance/previous...
The pair looks to be continuing it's downtrend. Our previous post on the pair 251 #pips were banked with the pair hitting out first target. Our second target came close to being hit fortunately we notice it some bullish momentum on lower time frames helping us exit in profit before the pullback we have seen in the last four days. The pair is now trading in a...
The pair is now back continuing it's downtrend. Price was rejected at 128.189 daily resistance a early short entry was clear here. The pair has broke the counter trend line giving further confluences for further shorts to Target 1
The pair broke weekly TL which held since 2014 , and has retested. Now we can see clear market direction to the downside this is confirmed by MA crossover to the downside and a break of daily TL.
Target 1 @ 1.292261 , Target 2 @ 1.282262
A lack of clear market direction has resulted in less analysis from us , when market conditions are not clear sit on your hands...
#EURJPY The pair is showing #bullish momentum a clear break of #resistance zone & last high will initiate longs to upside targets. The pair still is overall in a #bearish trend a rejection @ resistance zone and MA +break of the trend line downside targets will come into play. WAIT FOR YOUR SET UPS TO PLAY OUT BE DISCIPLINED PATIENCE IS KEY TO SUCCESS!
For the past few weeks NZDUSD has been very rangy and hasn't really showed any real sense of market direction to capitalise on.
However, we have a nice quick little short setup we at tips4pips keeping eyes on.
Price displayed a triple top formation at resistance + 200ema and also a false breakout of a major descending TL.
We was looking for a break of the...
As we can see eurjpy is clearly in a downtrend displaying continual lower highs and lower lows.
Price came down to test and bounce off the 126.1 support level and is currently retracing to our critical "acceleration zone".
our confluences for this acceleration zone:
61.8 fib level, major resistance,descending trendline and 200EMA so we are anticipating a pullback...
Here on the #EURGBP pair during 2015 price was mostly on the decline then was stuck in a range where price was at its lowest in 5+ years.
On the weekly price has formed an inverse H&S reversal pattern, broken a major descending TL and our MA's are turning to the upside all suggesting huge #bullish momentum.
However we have a great looking, high probability...
