As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6555. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6595. TP4: R2=0.661. Set the stoploss of these orders at breakout of S2=0.6545. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6555. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.661. TP4: R2=0.664. Set the stoploss of these orders at breakout of S2=0.6545. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6525. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.656. TP4: R2=0.658. Set the stoploss of these orders at breakout of S2=0.6515. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
NZDUSD Analysis: Price sold as expected and is currently below resistance zone price 0.65785 and still underneath trend-line. We expecting price to possibly test resistance if not expect price to head towards support zone 0.64344 Long-Term Daily timeframe .
As we know NU has been in a very good down trend since Mid March, and it seems like it has completed the 5 wave structure of the B leg and now it is about to begin it's way for the C leg. Divergence is also appreciating in that case for NU LONG. I'd prefer .6420 for SL in case of Buyzz. And target would be .6971. GOOD LUCK GUYS. Follow Money Management. Trade SAFE!!
NZDUSD Analysis: Price is currently below resistance zone price 0.65919 and underneath trend-line. We expecting price to re test wick and retest towards support zone 0.65246 Long-Term 4 Hr timeframe
NZDUSD Analysis: Price is currently above support zone price 0.66528 and underneath trend-line. We expecting price to possibly test trend-line and continue sell towards support zone 0.66528 Long-Term daily timeframe
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.664. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6675. TP4: R2=0.6705. Set the stoploss of these orders at breakout of S2=0.663. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Price Sold as expected and is currently below resistance zone price 0.67477 and underneath trend-line. We expecting price to continue sell towards support zone 0.66528 then a possible retracement to trend-line Long-Term daily timeframe.
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6735. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6785. TP4: R2=0.68. Set the stoploss of these orders at breakout of S2=0.6715. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Price sold as expected and is currently under support zone price 0.67477 and under resistance trendline we expecting price to test resistance zone price 0.67477 and continue sell Long-Term daily timeframe
NZDUSD Analysis: Price is currently under resistance zone price 0.68409 and under resistance trendline we expecting price heading towards support price 0.67477
Welcome to my !NZDUSD analysis. NZD is giving us some good trades this month and i believe it will continue for the coming week. i believe we are completing the 4th wave /B wave of 1-2-3-4-5 / ABC correction. We have formed a contracting triangle with abcde waves and the price should breakout of the triangle upwards Wave E seems to be done however POINT 1 (...
NZDUSD is approaching its resistance at 0.6838 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 0.6767(76.4% Fibonacci retracement). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. Trading CFDs on margin carries...