Use position size calculator DO NOT RISK more than 1% SL: 1.85900 TP: 2.03900
GBPNZD Has broken a key level that exist on the daily and weekly chart. GBPNZD has a bearish overview. The analysis shows the bears was able to break through key levels that has existed for a long time. GBPNZD bearish momentum has continued for several months and the down trend does not appear to be over. Thanks for reading and much success! -StampsFX
Respected followers, GBPNZD is in selling zone and yesterday it has broken its support line very strongly and by this we can assume that this pair will go down more to its defined supports level.
I AM WAITING FOR THIS SORT OF RETRACEMENT BEFORE I CAN JOIN IN FOR THE SELL. BE PATIENT WAIT FOR IT AND IT WILL COME. I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
GBPNZD Break then trend line and goes down for next TP Point.
LONG GBPNZD Based on Bat Pattern and 0.886 Level Low Risk, High Return This pair will have huge move upward
GBPNZD short for the coming week. PLEASE LIKE, FOLLOW AND COMMENT FOR MORE :)
As we can see, GBP/NZD is failling to establish it's support zone. As soon as the support line is broken, we can expect the bearish trend to continue until it's next support. Remember, preserving your money always comes first in trading. Your second goal is to grow your portfolio. Trade safely.
GBPNZD has Formed Strong Bullish Pattern on Weekly Chart Which confirms that bulls are in control now. 1.91421 is crucial resistance on upside. I am bullish on this currency only above 1.91600 for the targets of 1.94000 and 1.95800 with stoploss of 1.89000
One thing we are proud of ourselves is that we only forecast and do not predict where the market is going. This enables us to be objective and remove the distraction and noise from gossips, Trump news and also other fundamentals. We are not saying that they don't work. Some traders and investors will find these useful and relevant. However, this is just not...
Take a look at the daily chart and you can see the head and shoulders pattern developing. At the moment the right shoulder is just being formed, but the swing high is complete at the right shoulder suggesting more downside. You can see that the recent high coincides with the high established where the left shoulder is. This is an aggressive entry. Most will...
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
GBPNZD price action contained within a multi-days bullish channel with new tops and lows, However the trend is strong but medium term momentum is slowing which is indicating a pullback. I am looking to short this market around 1.9675 area with a wider stop at 1.9855, expecting for a target around 1.9259 area.
We have and AB=CD Pattern. Sell if price respect the 100% ext (127.2% ext of prev swing.) LIKE and FOLLOW for instant notifications Happy Trading (*-*)
Intraday Update: GBPNZD daily cup and handle is in play. next target 1.95000
Ok the Nzd are very weak as trhe Leader Peters backed Labour to form a government so the market remain nervous because they scare they will do same as Signapore monetary policy like a "net effective exchange rate target" so is very not good for NZD but all i said is for now is just speculation about ,and when it will be more clear i think Nzd will get back some...