NZD

Midterm Forecast: There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.8785 would begin in Midterm. We will close our open trades. if the Midterm level 0.8785 is broken. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A peak is formed in the daily chart at ...

Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.7115 would begin in Midterm. Trading suggestion: Price is in the Sell Zone (1.7295 to 1.7480). We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (1.7295) ...

It is a beautiful range sandwiched between Pivot Points. It will be a simple point of trying to short. << tactics >> 1) When MPP (P) 0.68568 functions as a resistance line, consider a short entry. The first limit is WePP (P) 0.67879 The second limit is WePP (S1) 0.67351 2) If you penetrate MPP (P) upwards, wait for a long entry opportunity. Please note that ...

If YPP (P) 1.08720 functions as a support line, think long. The first limit is WePP (R1) 1.09559 The second limit is 1.10000 I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the ...

<< tactics >> If YPP (S1) functions as a support line, think of a long. The first limit is WePP (P) 0.6800 The second limit is WePP (R1) 0.68411 Since it is a weekend, be careful that WePP will update on Monday. I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly ...

Unlike AUD, it is NZDUSD which is completely invisible to down trend when looking at the weekly stick. weekly https://www.tradingview.com/x/gv1azWSX/ The current position is a difficult place to hit the YPP (S1) and the trend line. Because it is a range market, I'd like to think about long at the bottom of the range. However, as far as EMA is seen, the ...

New trading suggestion: *The price is in a downtrend and we forecast the downtrend would continue. *There is still a possibility of temporary retracement to suggested resistance line(0.6820). if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes to ...

Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast resumption of downtrend. Technical analysis: .While the RSI resistance #1 at 73 is not broken, the probability of price increase would be too low. .A peak is formed in daily chart at 0.9160 on 06/08/2018, so more losses to support(s) 0.9110, 0.9065, 0.9000 and ...

Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast resumption of downtrend. Technical analysis: While the RSI resistance #1 at 60 is not broken, the probability of price increase would be too low. A trough is formed in the daily chart at 0.8785 on 05/17/2018, so more gains maximum to Trend Hunter Sell Zone (0.9110 ...

Midterm forecast: While the price is below the resistance 1.9965, beginning of downtrend is expected. We make sure when the support at 1.9350 breaks. If the resistance at 1.9965 is broken, the short-term forecast -beginning of downtrend- will be invalid. Price may also reach 1.9350, if price reaches this level, we may enter by Daily-Trading-Opportunities, this ...

New trading suggestion: *The price is in a down trend and we forecast the down trend would continue. *There is still possibility of temporary retracement to suggested resistance line(0.71750), if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes to ...

NZDCAD ELLIOT WAVE STUDY KEEP WATCH TAKE MUCH PROFIT Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for ...

Key Points. 1. The New Zealand Dollar is still struggling to find a direction. 2. on 30 March NZDUSD break Trend and now it is struggling. 3. On daily chart it is Falling wedge Pattern According to that if it goes up today and Complete Bat Pattern still it Gonna Come Down so double possibility of Bearish Reversal Bat pattern. ;)

From the chart, the price is now at the crossroads, it's also a prefect example for technical analysis . It has already formed a bearlish bat from 2016.07-2016.05, and successfully reached the target price; Now, the D-point is converted to X point and form a bearlish bat again with the potential reversal zone made by 2.24BC and 0.886 XA. There is also a ...

The FX_IDC:NZDUSD chart has formed 2 bullish cypher patterns on the hourly chart. The first purple bullish cypher has been completed where the D leg of the pattern was at a horizontal support line and the price action is moving towards the targets for that at 0.7258 post which the price action should reverse and come down to complete the CD leg of the Yellow ...