21st August daily key reversal bar made a new high closed in the middle, 22nd August daily insurance bar, both bar are the indication for weakness ahead for 1.8180, supply zone 1.8400-8460, stop loss: 1.8485.
24th July daily key reversal bar indication for weakness ahead. supply zone 1.7850-77 for short. if fails to hold the price then possible to retest 1.8030 for short. target: 1.7630
31st May daily key reversal bar made a new high closed off the low. 1st June daily insurance bar further indication for weakness ahead. split risk by two positions by distributing risk equally half% each. stop loss 1.7850, target: 1.7280
price within range of 400 pips since last 2 months. 6th February daily key reversal bar made a new high closed on the low. this key reversal bar breached the range high but price could not hold closing above the range. 7th February daily insurance bar confirms weakness for coming next few days. supply zone in 4h time frame i.e. 1.6970 & 1.7010. while 1.7060 daily...
#EURNZD
Currently, according to the CURRENTLY STRENGTH, EUR is becoming quite strong. The reason is that ECB RATE HIKE SENTIMENT is PRICE. Also, the NZD is getting weaker than the EUR right now.
Therefore, EURNZD can definitely go DOWN to the SUPPORT AREA of this CHANNEL before going UP again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD...
#EURNZD
Currently, according to the CURRENTLY STRENGTH, EUR is becoming quite strong. The reason is that ECB RATE HIKE SENTIMENT is PRICE. Also, the NZD is getting weaker than the EUR right now.
Therefore, EURNZD can definitely go DOWN to the SUPPORT AREA of this CHANNEL before going UP again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD...
chart forming higher high and higher low in daily time frame. 5th September daily key reversal bar formed made a new low closed towards the high. Demand zone for long 1.6325 (use half% risk from there), use remaining half by 1.6255. stop loss 1.6220, target: 1.6630
#eurnzd, weekly forming higher high and higher low since last four weeks. 1.6730, 1.6675 and 1.6630 demand zone for long trade. possible target: 1.7090.
#eurnzd weekly chart forming higher high and higher low. 1.6630-6590 highly demand zone for long trade trade for target 1.6860 even expecting 1.6920 as well. But 1.680-70 secure profit taking level.
#eurnzd, 1.6475 & 1.6400 demand zone for long. eurnzd bullish until hold 1.6370 support if breaks then expect to 1.6230, while until hold expecting 1.6830. My view is bullish for 1.6830.
- NZD FEATURE is currently slightly UP. The main reason for this is that in the old days MARKET RISK ON. But now there is a somewhat DOWN TRENDING nature. We can also mention the UP TREND in COMMODITIES as the main reason for the NZD UP TREND. But now COMMODITIES are DOWN. Today the NZD FEATURE stands at 0.6457 LEVEL. The EUR FEATURE stands at LEVEL...
- NZD FEATURE is currently slightly UP. The main reason for this is that in the old days MARKET RISK ON. We can also mention the UP TREND in COMMODITIES as the main reason for that. But now COMMODITIES are DOWN. Today the NZD FEATURE stands at 0.6547 LEVEL. The EUR FEATURE stands at 1.0759 LEVEL.
- Currently the OVERALL MARKET is showing RISK ON. STOCKS is...
- No high impact news for the New Zealand dollar today. Also, there is no high impact news for JPY. But New Zealand's employment data is due out on Wednesday. Most likely NZDJPY will FOLLOW the MARKET SENTIMENT this week. So pay attention to VIX, MARKET SENTIMENT.
- NZD FEATURE is currently DOWN. The main reason for that is because MARKET RISK OFF. It will...
I'm waiting for this Pair a couple of weeks for entry buy for Swing Trade.
Now watch the lower time frame to find confirmation buy on the weekly price of interest.
watch my another idea on lower time frame.
