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NZDJPY 1D TIME FRAMEThe chart shows a channel pattern since 2020 and now the pattern shows a multiple rejection at the top resistance zone . And now small correction in the price . And now the inside of the pattern shows a falling of price and it touches a near the Minor resistance zone . wait for the breakout If it breaks the minor resistance it will go up to the major Resistance . THIS IS OUR PRICE ACTION VIEW OF THIS SCRIPT . THIS EDUCATIONAL PURPOSES ONLY MAKE A TRADE ON OWN ANALYSIS .
by traderz_tamil
USDCAD ANALYSIS ON H4 CHART.Overall, USD/CAD is ranging across. Recently, USD/CAD broke below the key level of 1.28. The Canadian employment data released last Friday indicated a strong rebound in the jobs market from the previous month’s loss of jobs. - Employment Change (Actual: 336.6K, Forecast: 132.0K, Previous: -200.1K) - Unemployment Rate (Actual: 5.5%, Forecast: 6.2%, Previous: 6.5%) USD/CAD’s next support zone is at 1.26100 and the next resistance zone is at 1.29200. Look for short-term selling opportunities of USD/CAD.
Short
by charliedavies770
AUDUSD ANALYSIS ON H4 CHART.Overall, AUD/USD is trending upwards. Recently, AUD/USD broke the resistance zone of 0.73000. The Australian Building Approvals m/m data (Actual: 1.8%, Forecast: -2.9%, Previous: 8.2%) released last Friday indicated that consumer spending continues to increase at the same rate during February. Currently, AUD/USD is trading up towards the key level of 0.74. Its next support zone is at 0.73000 and the next resistance zone is at 0.75000. Look for short-term buying opportunities of AUD/USD if it breaks above the key level of 0.74.
Long
by charliedavies770
AUDUSD ANALYSIS ON H4 CHART.Overall, AUD/USD is trending upwards. The Australian Retail Sales m/m data (Actual: 1.8%, Forecast: TBA, Previous: -4.4%) released yesterday indicated an increase in consumer spending. The Reserve Bank of Australia (RBA) will be announcing their monetary policy decision later at 1130 (GMT+8). It is expected that the central bank will keep interest rate unchanged at 0.10%. Focus on RBA’s view on the economic recovery in Australia and whether the ongoing geopolitical tension between Russia and Ukraine will have an impact on the Australian economy. The Australian GDP q/q data (Forecast: 3.0%, Previous: -1.9%) will be released tomorrow at 0830 (GMT+8). AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.73000. Look for short-term buying opportunities of AUD/USD.
Long
by charliedavies770