NZD/USD starts a new week with a positive sign, higher transactions around 0.5910 in the Asian session on Monday. This pair of money is receiving support for increasing interest rate decision of the US Federal Reserve (Fed) expected on Wednesday. Looking at the technical picture of NZ we can see that this pair of money is in an uptrend. So we should set higher...
Hello traders. Today, our expectations that NZD decreased lower yesterday did not come true because it was traded within 0.5895/0.5920. The motivation of going up is showing signs of formation, although only exploration. Today, as long as NZD maintains over 0.5895 (small support is 0.5910), it can be stronger, but it is difficult to break the main resistance...
NZD/USD reverses trend and gains momentum above 0.5920 mark following upbeat China data. China retail sales (August) increased 4.6% from 2.5% previously; Industrial production improved to 4.5% from 3.7% previously. Upbeat US data on Thursday showed the US economy remained resilient and inflation rebounded in August. In response to the data, China proxy New Zealand...
The NZD/USD pair steadied its bid above the 0.5900 circular resistance late in the European session. Inflation data showed a nominal improvement but the overall outlook remains vulnerable as household demand is thin due to slow job growth. Investors hope a series of stimulus supports to stimulate the Chinese market will boost growth prospects.
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
🤑 Hold on tight for the GBP/USD profit adventure! We're cracking the code on recent moves (1-2-3-4-5) and diving into the next big thing: correction wave excitement! Let's dive into Wave ABC and snag those gains! 💰 🔍 What's Cooking: Wave Unpacked: Let's zoom into GBP/USD moves, spilling the beans on that slick five-wave setup (12345). Get the scoop on each...
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risK BCOZ ITS AN part of trading word .
UPDATE YOURSELF ACCORDING TO MARKET !!!! Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3.5 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional...
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
morning star pattern bnata hua dikh rha h support pr akr double bottom ke sth to biuy kr skte h
Kiwi is back at the support zone from which it broke out a while ago, great level to initiate longs as the pair also looks oversold on the hourly charts.
Kiwi has come to a key pivot level and the oscillators are also oversold. There is a case for some mean reversion in the pair at this level. Stops can be below the support and the long positions probably can be hold over the weekend as well. It will be difficult to take this level out for the bears in first try.
The fact that I can share with you my analysis, almost reaching its final destination, makes me very happy
only for educational purpose trade at your own risk I am not a financial advisor .
5 Key Factors Shaping US Dollar Trading This Week The US dollar is in the midst of a week filled with pivotal events. Together, these fundamental drivers hold the key to understanding the potential shifts in the US dollar's performance throughout the week: - US President Joe Biden announced that a bipartisan agreement has been reached to raise the US debt...
Price happened to break above the 2HR Supply zone, but the NFP news happened to drop the price down and cause a Change of Character. Therefore I saw imbalance and liquidity, In which price may come back to fill in any imbalance before pushing to the downside.
Price is currently in a 2HR Supply zone. No trade for an aggressive entry due to NFP tomorrow. Looking for price to break a structure off the lower timeframes. Price is showing signs of possible divergence. Going to wait for a confirmation before proceeding on taking a trade.