GBP/NZD has broke 1D and 1W support. Now Its facing 1M Support.
I am Going to short it with TP 1.8200 and SL 1.8738 Trade at your own risk
According Mark McCormick, Global Head of FX Strategy at TD Securities, suggests to go long on GBP/NZD cross at current levels, targeting a move to 1.90 and a stop of 1.8445. Key Quotes “While all the G10 shows downside growth momentum, the USD, for its part, falls into the worst quadrant that shows dual deceleration. Even so, NZD takes top shop in terms of the...
We will be looking for price to re-test 1.90640 and from this resistance zone, we may potentially see price move bearish again towards 1.83785 ( green line) . Stop loss is marked at 1.94087
*Bear model. *Serious support was broken at 1.9034 which led to large declines. *The above is daily, the weekly and monthly graphs support the bearish model. *The GBP / USD is very bearish against the model of NZDUSD which is bullish. Target: 1.8480
We are in the process of breaking support and intensifying declines. According to Stochastic, there is still a place for future declines. The beginning of a red Ichimoku cloud that warns against changing the trend. Target 1.8920
DACAPITALTRADING V2.0: WELCOME TO DACAPITAL TRADING, WE PROVIDE ANY KIND OF TECHNICAL AND FUNDAMENTAL ANALYSIS FOR FOREX AND CRYPTO-CURRENCY MARKETS EVERY DAY! - 1 HOUR Small upside momentum right now 4 HOUR Bearish waving market probably we will see new lows before heading back up DAILY Bearish market found support right now. OVERALL Expecting...
We are trading 4th leg of the predicted butterfly pattern which is also at major support zone. We are predicting price action to bounce from here to complete the pattern. FX:GBPNZD
Price have broken down B leg of ABC correction for a potential 1000 over pips opportunity. Current entry price also shows a nice 1:2 risk and reward ratio.
FREE ANALYSIS ON GBPNZD. Possible bullish move about to unfold. BUY up . Word of the day: “You can’t use up creativity. The more you use, the more you have.” – Maya Angelou
We see the formation and completion of this AB=CD harmonic pattern on the 4 hr chart. Price action has also reached a major resistance zone at the completion of this pattern. The completion of this AB=CD pattern signaled us to take a short position with our take profits set on the green zones. OANDA:GBPNZD
GBPNZD has printed a bearish rejection candle. There seems to be a slowdown in volatility. If price can break this trend line and retest it we will see price take back down to the previous low at 1.84000. If price continues its bullish momentum, price can potentially push up into the next zone between 1.97000- 1.98000. www.slfxtrading.com
We expecting Gbpnzd Long Term bearish move start we see False break and reject the fibo 61.00 level and also bearish move
Price of GBPNZD has currently been travelling in an ascending channel. There is a minor support trendline marked out in a thinner black line inside the the channel. Price just recently broke below this line indicating a drop down to the bottom of the major channel like it previously has. We sent this trade out to our FREE signal members on the entry of the chart!...