Forming a bullish flag pattern, third retest of strong ascending trend line. Support zone on a 38% fib.
I explore what appears to be a head and shoulders pattern in GBPNZD on 2H time frame. No predictions, as usual. Some people are going long and others can go short.
Fundamental and Technical reasons why GBPNZD could continue long this week, let me know what you think !
I assess the probability as for the south on GBPNZD. How far south is another problem, for me at least, as me crystal ball broke a long time ago. :)
Well referenced political news is important. Sterling could see serious volatility next week if political pundits are correct about Theresa May being forced out of her premiership next week in relation to Brexit confusion. Rival MPs are already jostling for position as Wednesday is the big day. The uncertainties could send GBP pairs into high volatility...
We had a fantastic trade on this market last week trading from the previous structure lows. Now that the market has broken through key support we are looking for this market to continue lower targeting the next support zone around the 1.9200 area. Applying our fibs we can see that the previous 4hr lows are sitting up at a 50.0% Fib retracement and would be a...
In the screncast I start off with GBPAUD on a weekly time frame and move on into much lower time frames across other pound-pairs. The geopolical/macroeconomic picture for the UK with Brexit, creates uncertainty. There are reliable reports of preparations for pharmaceutical stock piling, big push in logistics sector for storage of tinned food and firelighters...
Hey Everybody, Alex Here! As you can see I'm currently eyeing a nice long set up on GBPNZD. I know everybody is bearish (bad) on the GBP at the moment due to all the discord concerning the Brexit talks currently taking place in Brussels. Even thought the overall sentiment towards the GBP is bearish (bad) and this trade is favouring GBP strength over the NZD, the...
Showing how this weeks currency pairs are playing out for the weeks end.
Cup and Handle pattern taking shape and almost complete. All that is left for completion is a break out of neckline. This big move will reap hundreds of pips and you herd it here!
Be wary of the breakout to the upside owing to the Daily EMA's
Hi Traders, Today i break down yesterdays closed GBP.NZD position, again as always i'm not breaking down this pair because it was a winning position, simply due to the education behind it. Please note as stated in the video there are other indicators i use that are not visible on the chart, however i hope the information is informative and educational. Thank...
Hey traders, here's a quick synopsis of a trade I like on a trending pair moving into Friday's London session. Cheers!