Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. I was alerted to this setup from a good friend of mine and figured it was worthy enough to put up here. This is a super clean pitchfork setup. Not a wacky Schiff, Modified, or Inside, but just a regular plain old...
Thanks for viewing. The price decline of 2015 to 2016 can be plausibly labelled either a WXY (double ABC) correction or as a single impulse wave down. There seem not to be any failures within what is quite likely an impulse wave down. So that leaves two main scenarios on the table: 1. That we have had the wave (4) correction and are working on wave 5 (we are...
In the aftermath of the break out to the downside by the NZD/USD pair, a new junior descending pattern was discovered on Wednesday. Namely, there exists a pattern, which has guided the currency exchange rate since the bounce off from resistance that occurred at the start of Tuesday’s trading session. However, judging by the range of the new pattern and the...
Here I have analyzed the NZD USD currency pair and this one will fall hard upon the release of credit card spending in NZD. RIP to the buyers of this pair. Happy trading !!!!
The previous assumptions about the NZD/USD pair were false, as the rate surged in the second half of Wednesday only to be squeezed in between various hourly simple moving averages. Meanwhile, our analysts did a full review of the pair. Long, medium and short term patterns were discovered. Essentially the currency exchange rate was expected to continue to surge...
By the middle of Monday’s trading session the NZD/USD currency exchange rate had reached the vital support levels near the 0.7150 mark. Coincidentally at that level a dominant support line was located together with the freshly calculated first weekly support level. It is highly important to watch whether that level will hold its ground for some time. If it gets...
The charted channel, which was drawn on Tuesday, on the NZD/USD hourly chart was once more confirmed when the lower trend line managed to force a rebound of the pair. However, the decline down to the trend line did not occur, as previously expected, as the rate still made numerous attempts to break above the previously active ascending pattern’s support line’s...
AIR Guess Shares act diff from Forex and Crypto Has been 19 a Share 1984 or somethinh most under priced stock on NZ market Biggest Earnings of all companies people just don't like Air lines because of competition and Feul Prices NZ has so much Tourism it's going no where So should price "No where but up" if people had any brains and the NZ Share Market made sense
The New Zealand Dollar continued to lose strength against the US Dollar since it touched the resistance level at 0.7440 on Wednesday at 22:00 GMT. Since then the pair has touched a new higher low level. The pair has broken previously drawn channel , and a new junior channel has been mapped out to trail the currency exchange rate. By the middle of Friday’s...
After the plunging of the New Zealand Dollar against the US Dollar, which took place on Friday, the currency exchange rate suddenly recovered. Moreover, by the middle of Monday’s trading session the currency pair had even surged to new high levels. At 12:00 GMT on Monday the pair had already almost touched the 0.73 mark. In addition, the recent surge of the...
The Pound has recently ended trading in the junior channel down pattern on the four hourly chart pattern against the New Zealand Dollar. The move was expected due to the fact that the currency pair had touched the lower trend line of a highly speculative medium term channel pattern. The dominant channel is considered speculative, as its trend lines are mildly...
Initially Thursday’s forecast for the Kiwi against the US Dollar continued on, as forecast. However, something strange occurred after the initial move was complete. As Dukascopy analysts expected a rebound against the lower trend line of the previously drawn channel up pattern, the support of the pattern was broken. Instead the surge occurred slightly lower. That...
The Australian Dollar recently surged to confirm a trend line against the New Zealand Dollar. Due to that reason market participants are finally able to draw the previously expected to reveal itself medium size pattern. In regards to the short term the pair is likely going to be pressed into the support of the weekly S1 at the 1.1050 mark. It will be done by the...
The Euro is surging in a very steep angle against the New Zealand Dollar. The surge began, as the support of a channel up pattern was strong enough to force the pair higher. In addition, the appreciation of the Euro against the Kiwi does not seem to slow down almost at all, when it faces various resistance levels. Most recently the pair slowed down the surge to...
The situation on the AUD/NZD charts is quite rare. The pair has broken the resistance of a massive scale triangle pattern. The break out occurred in the borders of a dominant channel up pattern, which is set to guide the rate higher in the long term. Meanwhile, in regards to the smaller scale situation, the pair has retreated in an almost obsolete channel down...
The previous analysis of the AUD/NZD pair turned out to be correct. To the letter. However, the following surge turned out to become a jump not a surge. After finding support below the 1.0980 mark the pair skyrocketed to the 1.1250 level. Meanwhile, the pair’s surge was stopped on Friday, which provided an opportunity to do some pattern analysis. After connecting...
The New Zealand Dollar just plummeted against the Japanese Yen. The fall, however, was stopped by the most dominant support, which Dukascopy analysts could discover on the pair’s charts. The support belongs to a massive scale ascending triangle pattern of the daily chart. Due to that reason a rebound is to be expected in a rather long term for forex traders. In...
The New Zealand Dollar has reached a notable support level against the Japanese Yen. The support is represented by the weekly S1 at the 0.7935 level. Due to that reason it can be stated that the rate is at a significant point. The Kiwi is either going to rebound against the support level to reach once more for the 50.00% Fibonacci retracement level at the 0.7982...