#EURUSD
UPDATE
Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURUSD. EURUSD is making bearish flag pattern and getting ready for a good drop. In this move we can see gain upto 100Pips+ soon. Keep in touch we will update further soon.
According to my analysis, the New Zealand dollar (NZD) is expected to experience a bullish trend. This assessment is based on the presence of a Hidden Bullish Divergence on the 1-hour chart of NZDCAD, which suggests a potential reversal in the price movement.
Hidden Bullish Divergence occurs when the price of an asset forms lower lows, but the corresponding...
Hi friends
the dow jones index chart shows there is a high probability that this market will experience a downtrend
so it's better to sell than to buy
for more information please contact me on
youssef.lyazidi5@gmail.com
Selling the NZDCAD at 0.9024 on the price flip
The CAD has been hit hard as it's highly correlated to the price of oil, looks like oil is basing for the time being.
Stop on this one is above 0.9110
Target: ride the (potential) 9 wave count down with a trailing stop loss.
A buy on NZDCAD seems the most favorable option as price is in a correction phase. This correction can develop into two types of flats, Running Flat in "Scenario 1" or Expanded Flat in "Scenario 2". The only difference between these structures is that the latter breaks the low of Wave A while the former doesn't. And of course an Expanded Flat means more...
NZDCAD seems to be inside of the Motive Wave 5 of the applied Elliott Wave Theory in this chart. It confirms both previous three Motive and Corrective Waves along with its confirmation by Fibonacci Retracements applied respectively and if the price moves up and breaches the end or the high of the Corrective Wave 4 around 0.94250 and continues a bullish trend, the...
