NC looks ready to bounce long due to the pinbar on the daily timeframe. NZD being at all time lows shows that the central bank could inpu stimulus propping up the currency in the short term. Hopefully hold for a few weeks or looks for re-entries on the new potential uptrend.
Here EJ has rejected low-lows with lots of liquidity at the bottom demand level, EU is working on trade deals this week which should give the market a catalyst needed for an uptrend. Risk, is due to cornavirus with JPY acting as a safe haven for risk off trading so if entered please keep an eye.
Here in bitcoin I see a potentially huge uptrend comign just before the halvening, the analysis starts with FIbonacci retracement to the 618 level which has been marked using a ray. The rally could bring bitcoing upwards of $12K with a retracement predicition to $10/11K for the halvening. If the price breaks the 618 level then downtrend expected to continue to $6K.
EURUSD setting up a nice spike and triangle pattern here. 200 moving average holding the falling resistance well for now but the spike is hard to ignore. Seems the bull objective would be a return to the previous highs or a long term level of falling resistance. Currently, price is in the middle of the triangle so no trade here. Will be monitoring for a break in...
EURUSD in this triangle, consolidation, so the best option is to look for cycles to develop and trade it with the W and D trend. For now, waiting for price to take previous high and when it pullback it will be the time to go long, targeting previous D highs.