Mario Draghi made an honest assessment of the Eurozone today, which wasn't rosey. The big money wasn't happy with this. Stock markets and Forex around the world were thrown into some degree of chaos. All stock indices were affected - proving once and for all - that we are all part of a global economic system. What happens in the Eurozone or in America, simply does...
Fundamental and Technical reasons why GBPNZD could continue long this week, let me know what you think !
Would of done this video with voiceover but have ze man flu & sound crokey as hell. WEEKLY back under & failing at major resistance levels. 4 Hour broke briefly above resistance but closed below & confirming resistance with multiple failed tests.
Tune in for my detailed analysis around NZDJPY ! **Correction: GDP release is Wednesday, not Thursday, sorry about that**
NZD/USD NZD/JPY NZD/CHF NZD/CAD
NZDUSD in an Area of Demand with potential Large Flag completion
First time publishing an idea using the video format directly via TradingView. If you like such format, do like this video and give me a comment below, and moving forward I will be sharing more of such videos. Reminder - always remember to manage your risk before taking any trades.
Be wary of the breakout to the upside owing to the Daily EMA's
Crab within Bearish 3 Drives Formation. D point against a very Bearish Daily support Line & 61.8% of Daily Uptrend Break.
NZDJPY Long to the next top most Resistence zone at 83.00
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil