CAN WE SELL NZD/JPY ??TECHNICALS
to make my analisys more simple i have made arrows as hints
We are not buying or selling as yet we will wait for market to come to the new support zone at 81.720 then buy or brake above and retest resistance at 82.100 then buy
so that we do not miss this move we will be setting buy stops and buy limits at support and resistance
FUNDAMENTALS NTO KEEP AN EYE ON
MONDAY, NOVEMBER 1
21:45
NZD Building Permits s.a. (MoM)(Sep)
23:50
JPY BoJ Monetary Policy Meeting Minutes
TEUSDAY, NOVEMBER 2
21:45
NZD Participation Rate(Q3)
NZD Labour Cost Index (QoQ)(Q3)
NZD Labour Cost Index (YoY)(Q3)
21:45
NZD Employment Change(Q3)
NZD Unemployment Rate(Q3)
22:00
NZD RBNZ's Governor Orr speech
AUD Commonwealth Bank Services PMI(Oct)
MORE NEWS RELEASES ON FX STREET
Analisys
BINANCE:BNBUSDTPERP Anlysis 03-09-2021 by TheSocialCryptoClubMay 19 was a deep red day, where BNB lost 34%.
This candle from a technical point of view was useful for us to outline a very wide range.
In fact, as J. Ross says, a range is easily identifiable if the price does not close above the high or below the low of a candle that had a certain breadth.
As you can see, the price had lows below the identified range, but there were no closes.
The bottom of the range was also confirmed by the POC level of the previous bullish move.
Continuing, it was possible to divide this wide range into 3 zones.
Now BNB is located in the upper third of this range.
The market sentiment is broadly bullish and this leads us to think about attempting entries to take advantage of the likely breakout of this range, as the FOMO could come to our aid.
Note the POC developed within the range, it is still very low, in the lower third, so we could use the areas into which the range has been divided to mediate the price if things do not go well right away.
A medium-term target could be given to us by the range itself, projecting it upwards to 785.
The oblique trendline can be used to predict big future peaks.
Finally we can use the 0 level of CryptoFall to predict very high profit target, here we are advised the 1000 level.
Shiba Inu 2021 bullrun projected price targetUsing the Pitchfork fib and also increases in percentages since launch could give us a possible price target for Shiba EOY. With all the exchanges now listing this Meme token and with all of the impressive community behind Shiba it is no wonder how far they have come and advanced within the top #40 rankings on Coinmarketcap.com. I know there are many price predictions that go well above my chart but I have to go with the fibs as a possible marker. So far I have seen many unrealistic price predictions that seem so far out of the range of sanity but with the crypto world, anything is possible, and with a strong community like the Shiba Army in control who knows. I believe that we could see on a realistic end-of-year price for Shiba somewhere in the $0.0003 to as high as $0.001. I know the Shiba Army may not like these prices but we will see. I am a possible believer at maybe, maybe just maybe a $0.005.
CADCHFWitam was traderzy w ten poniedziałkowy wieczór.
Na danym instrumencie możemy zaobserować trend wzrostowy który 29 marca odbił się od oporu.
5 marca została przebita granica mocnego oporu a 10 marca powróciła ponownie do niej czyli został wykonany retest
W tym wypadku możemy poczekać na ponownie wejście w strefę oporu.
Moja propozycja na wejście to kupno
TP: 0.75053 (30-40 pips)
SL: 0.74490 (30-40 pips)
USDCHF Short USDCHF SHORT opportunity with absolutely ZERO RISK. No Drawdown.
Earlier the price broke the trendline to the downside, went back up to retest it and after fell strongly right to our TARGET of 0.92231 .
Pure price action and Clean chart.
Thank you for taking the time to check out my idea!
This information is NOT financial advice. This information is for educational purposes only.
Slowing Down!For the first time ever Bitcoin is slowing down its uptrend (perforation of the lower confidence level of my bitcoin price mode), the most interesting support area remains the deviation price bands of Kama average applied to the monthly chart. This price zone run from 2900 to 4000 usd.
Below 2900$ trend is 100% bearish; at the moment we can consider FLAT this market and if volatility will settle down a bit i'll probably a buyer if the price is inside the 2900$-4000$ support area, if above i'll continue to hold my previous long position as planned.
XBTUSD next bottom between 4200 and 5500 usdIt's pretty obvious looking this chart that next key support levels are the FairPriceLine (5500$ this month, look my bitcoin price model v1.1) and its 95% lower confidence level (4200$ this month).
18 months kama average 1st lower price deviation level is at 4200$, providing support; as i said I expect the next bottom to fall inside the 4200-5500 usd price range.
About Europe, the new AML V directive (jan 2020) is not good news, the authorities have decided to crack down on the bitcoin trying to kill its ecosystem with colossal legal burdens for all those who want to enter this business, sad news.
The next step will probably be to make illegal any anonymous detention of bitcoin even for private individuals, IMO anything outside the banking system will not be tolerated, the original vision of Satoshi Nakamoto is at risk.
ETC/USDT Binance Analysis +Targets 10% + MoreTRADING STRATEGIC
BINANCE:ETCUSDT
Hi everyone, Lets get started! ETC has been trading in a descending channel for weeks, however, Today ETC is showing us enough strength for breaking resistance and move up again, im not saying it will be massive but I think its gonna be a nice swing trade set up if the conditions apply.
Chart Analysis:
-Chart Time frame: 4H
-Timeframe: 1D-1W
1)-Weekly Chart: Given us a red 9, meaning that the move to downside could be potentially start to get tired, Therefore, Bulls could be controlling the space during 1 to 2 weeks moving forward. In addition, we got a nice wick from last 3 weeks showing how the price start to stop current momentum.
2)-Daily Chart: ETC is very close to uptrend channel. at the same times its forming what seems is a ascending triangle, during this consolidation time ETC has been rejection lower level and accomplishing higher high, which is a sign of strength. In addition, we got Bullish divergence in RSI, which a significant level of difference. I consider this very bullish.
3)-4H Chart: helps to confirm a support level at 3.66, I noticed several wicks around this level reversing momentum every time. I believe blue rectangle can be consider good support zone. However we are approaching to top of the channel, now we have time resistance that its about to be tested in 12 to 16 Hours.
Conclusion: I will be bullish if ETC managed to start trading above the descending channel (Break trendline). I believe that if ETC break the current channel will take it to complete the Ascending triangle and pump the price around the targets mention later in this post. In the other hand, if ETC continue to trade this channel and break ascending triangle shape that will be a sign that ETC is no longer strong enough to carry itself to higher highs.
TRADE MANAGEMENT:
Trade entry: 3.6700
Stop Loss: 3.59
-Targets:
Mercury: 4.000
Venus: 4.200
Earth: 5.800
Risks/Rewards:
-Risk/Reward Ratio: 12.31
-Risk per trade: 2.15%
If you enjoy this analysis dont hesitate like and follow. Until the next time! No Fear just trade!