Prices are facing bullish pressure from pivot level which is in line with 50% Fibonacci retracement and 100% Fibonacci extension. Prices might push up towards 1st support which is in line with -27.2% Fibonacci retracement and 127.2% Fibonacci extension. If prices fall through pivot level, prices might take support on 1st support which is in line with 38.2%...
NZDJPY Short trade forecast, following a break of the low.
In this video I have taken a look at NZDUSD & AUDUSD overall price movement and trend from Day timeframe all the way down to H4 & H1. Did a quick break down of key levels and current price structures and discussed potential trading setups and price movement in the coming week. Please give it a thumbs if you like my analysis or agree to it to certain extent and...
NZDCHF is facing bullish pressure from ascending trend line support. Prices might bounce off 1st support which is in line with 61.8% Fibonacci retracement and 50% Fibonacci extension. Prices might push towards 1st resistance which is a horizontal swing high resistance which coincides with 61.8% Fibonacci extension. If prices fall through, it might reach 2nd...
NZDCAD is currently taking support from ascending trendline support. Prices might pullback to 1st support which coincides with 100% Fibonacci extension. Prices might bounce from 1st support to 1st resistance which coincides with 78.6% Fibonacci retracement and 100% Fibonacci extension. If prices fall through 1st support, it might take support at 2nd support which...
this pair has hit our support level and in the same time our trendline on H4 timeframe so we zoomed in to M30 timeframe to search for a buy setup and we found that the pair has formed a valid trendline with 4 touches so now we are waiting for a momentum candle close above our last swing standing to enter a buy position Thank you & good luck
EURNZD breakout to the downside, further drop!
NZDJPY trade forecast video. We are finally in a buy trade with a backup trade in place.
Price is approaching support where we could see a bounce above this level.
Price is approaching our first support in line with our 20 EMA, horizontal pullback support, 38.2% fibonacci retracement and 78.6% extension where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.
Price is facing bearish pressure and a break below our downside confirmation could see a further drop
Price is approaching our resistance level where we could see a reversal below this level. RSI is showing a bearish breakout as well, in line with our bearish bias.
Price is facing bearish pressure from our first resistance where we could see a reversal below this level.
Price is facing bullish pressure from our support in line with our fibonacci confluence where we could see a further bounce above this level.