NZDUSD SHORT IDEA We’re still looking bearish on this pair and it has been consolidating in the current price range near the daily 38.2% fib level All last week NU has been ranging within a rectangle pattern and we are currently waiting for conviction At the current price zone there a little bit of confluence: the daily 38.2%, major resistance, broken monthly...
Gold Long idea Overall higher time-frame analysis suggests strong bullish movement, however, price action is due for a retest to form structure Current price action is forming what looks like a daily flag and is approaching our daily fib level of 38.2% around 1450.00 We’re expecting at least the 38.2% if not, the 61.8% fib level to be hit before a strong...
NzdUsd Short Idea Price action has been primarily bearish on the Daily & Weekly time-frames so we will look to short upon a confirmed rejection of a prz level. Current price action is yet to form true structure on a daily time-frame after this drop since mid July. We will look for price to reach our 32.8% fib level or the 61.8% (The red zones) After a confirmed...