SELL NZDUSD (Resistance touched)NZDUSD after oscillating for about a week by the resistance that established the price after several weeks of lateralization, in price we do not see any kind of stimulus that can cause a break of this resistance established at 0.7226. We take this opportunity to go short and gain a few pips.
📊NZDUSD
SELL PRICE: 0.7226
TP1: 0.7200
TP2: 0.7150
SL: 0.7266
Signed by: FxProfitSignals Group
Freeforexsignals
PULLBACK IN 0.8924 BUY NOW USDCHFClear pullback of the price after overcoming the support that was established at 0.8924, after all last week above this price, it returns to 0.8924 and after different indicators we confirm the pullback.
📊USDCHF
BUY PRICE: 0.8924
TP1: 0.8964
TP2: 0.9038
SL: 0.8874
Signed by: FxProfitSignals Group
AUDNZD IDEAHello again traders,
here i wanna share my thoughts with AUDNZD...
a lot of possible movements are coming next week.. i see mountain pattern in high timeframes which i think if its gonna be respected on the pointed area the price will go down.
else i expect a movement to upside a breakout of the area a retest and then a movement to the upside..
what do you think on this one ?
AUD/USD: ELLIOT WAVE THEORY (EWT)AUD/USD started to rise from the support trendline. And it's made the Elliott wave pattern on the daily time frame. After the ABC correction, now it's trying to hit 0.7660 - 0.7700 - 0.7800 .
But what if it breaks the support trendline?
If it starts to fall, the targets will be 0.7400 - 0.7360 .
EURGBP: HEAD & SHOULDER PATTERNEUR/GBP has made the head and shoulders pattern on the daily timeframe.
After breaking the neckline, it's moving to reach 0.8776 - 0.8700 .
But if it starts to move upside by crossing the neckline, then it's a failure of the head and shoulders pattern. And targets are as followings levels 0.8906 - 0.8946 .
Will EUR/AUD Fly to Complete the Butterfly Pattern?EUR/AUD is trying to make the butterfly pattern on the 15m timeframe. And the trend seems positive here. On this chart, it has started to rise by following the support from 21st January 2021. Right now, it's trying to reach the hurdle( 1.5812 ).
It has to cross the hurdle and reach 1.5825 level, to complete the butterfly pattern. So the targets are as following 1.5804 - 1.5812 - 1.5825 - 1.5830 - 1.5970 .
But what if it starts to fall?
If the trend starts to fall and the butterfly pattern fails with the fall, then the targets are 1.5760 - 1.5765 . And if this breaks the support, then it will hit 1.5740 - 1.5715 .
Note: It's a bearish butterfly pattern. After the butterfly pattern, the trend will fall for a short period.
USD/CHF is Trying to Move UpsideHere's the 4H chart of the USD/CHF. Right now, it's moving sideways under the hurdle ( 0.8918 ). If the trend moves upside and crosses the dynamic resistance and hurdle trendline, then the hurdle will react as the support. And targets for the uptrend will be the following 0.8960 - 0.9000 .
But if it falls and breaks the key level, then the target will be 0.8796 - 0.8760 .
Technically the RSI is below its neutrality area at 50. But it's trying to cross this upwards. According to Stoch RSI, the trend is trying to move upwards.
BTC/USD is DwindlingRight now, BTC/USD is falling by breaking the support trendline. I have applied the DMI, and according to this, it's falling. The ADX is less than 25, and -DI is above +DI, which indicates the downtrend. RSI also indicates a fall. The target for the fall will be as following 3224 - 3145 - 3050 .
But if it starts to rise by crossing the support trendline, then the targets will be 3468 - 3500 .
NZD/USD : The Next Step with the Bearish EWTNZD/USD has made the bearish Elliott wave on the hourly time frame. The formation of the Elliott wave is complete. Here we can see 5+3=8 wave Theory so cleanly. 1 to 5 waves and then ABC correction.
It's a bearish Elliott wave pattern, and after the C, now the tren will fall up to 0.7120 - 0.7110 - 0.7085 .
But what if it starts to rise?
If the trend starts to rise by crossing the resistance, then it may hit 0.7165 - 0.7185 .
Will EUR/AUD Takes a U-turn ?Here's the 15m chart of the EUR/AUD. Currently, It's falling. And trying to hit the hurdle ( 1.5674 ). If the consecutive candles break 1.5674 , then there will be a fall. The targets for the fall will be 1.5670 - 1.5650 .
But there is a high possibility of a reversal in the trend. The trend may take a reversal from between 1.5684 - 1.5670 . If it takes a U-turn, then a target for the uptrend will be as following 1.5697 - 1.5700 - 1.5710 .
Is AUD/USD in a Short Time Fall?Here's the AUD/USD 15m chart. It started to rise from the 19th of March,2020. The actual trend is positive. Right now, it's trying to hit 0.7732 , and for that, it has to cross 0.7728 . If AUD/USD keeps moving upward, then a target for the uptrend will be 0.7740 - 0.7749 .
But there is an absolute possibility of the reversal from 0.7732 (nearby level). And if there is a reversal or a fall, then a target for the short time downtrend is as following 0.7705 - 0.7690 - 0.7680 .
Will NZD/USD Break the HurdleHere's the 1H chart of the NZD/USD. And it's moving downwards. Here, I have applied the indicators - Volume, Stoch RSI, and RSI.
RSI and Stoch RSI both are showing a downtrend. It's falling in the uptrend. It will fall up to support. If the trend breaks the support, it will hit the hurdle( 0.7136 ). If it breaks the hurdle( 0.7136 ), then the target will be the following 0.7116 - 0.7088 .
But, if NZD/USD takes a U-turn and starts to move upwards, it will hit 0.7216 .
AUD/USD is Going To Hit The Support Soon.If you see AUD/USD on the daily timeframe, it's an uptrend. Here is the 15m chart of the AUD/USD, and it's moving upside with the fluctuations in the trend. It will fall to the following levels 0.7640 - 07630 - 0.7625 , and then it will take a reversal from the support. And after that, it will rise to the support level, and the targets are following 0.7635 - 0.7650 - 0.7670 - 0.7679 .
But if AUD/USD does not take reversal from the support and starts to fall by breaking the support( 0.7627 ), then the trend will hit the following levels 0.7610 - 0.7600 - 0.7580 .
EUR/GBP with the Bullish Elliott Wave PatternThe EUR/GBP has made the Elliott wave on the 15m time frame. The 5th wave and ABC Correction is remaining. The trend has to hit 0.9091 - 0.9110 - 0.9130 , to complete the 5th wave. And then it will start to make ABC correction.
But if it started to move downside, that means the failure of the Elliott wave pattern. And then the trend will hit 0.9056 - 0.9040 .
USD/JPY with the Symmetrical TriangleUSD/JPY is moving downwards. It started to fall from 20th February of 2020. And it's still falling. It has made the symmetrical triangle here. It's making the 4th wave here, and it has to cross the following level 103.455 - 103.360 - 103.185 - 103.050 , to complete the 4th wave.
But if the trend started to move upside, then there will be a failure of the symmetrical triangle. Then the targets will 103.815 - 103.915 - 104.100 .
I have applied DMI, ADX is less than 25 , which shows a downtrend. And the +DI is above -DI means an uptrend.