GBPNZD AnalysisAfter a +400 pip recovery on GBPNZD, price advanced towards 2.07000 a strong previous resistance. From this area we've seen a bearish engulfing candlestick and strong rejection from this area. If sterling is retracing and banks are pushing price lower in order to reload buy at better prices then we could expect price to enter into our highlighted area before accumulating buys and to continue the bullish rally. Alternatively, price could continue to push lower through the key fib levels and test support again. From a technical perspective price is still in a downtrend unable to create higher highs so it will be interesting to see how price reacts from our key zones.
Gbp-nzd
GBPNZD Price is sitting on "Make it or Break it" zone! This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
GBP/NZD: About to sell the breakout! Check it out HI guys,
The pair is currently ranging under its daily pivot level.
We have strong resistances above the current price and still room for downside until we reach the very bottom of the daily support.
Should this range break to the downside I will sell the pair and target the 2.04400 levels which is a technical target.
I will not look for more since we have a daily support which could lift the pair.
Guys, if you appreciate my ideas and my contributions in here please like/comment my ideas.
Feel free to look at my previous ideas below.
Best,
Jesse
*** Trade at your own risks ***
GBPNZD CLOSE TO SUPPORT Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, the pair is close to its H1 support it will be interesting to see what it does.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
GBP NZD SHORTLovely trade here, pound kiwi short with a tdi cross under the market baseline along with 200EMA confirmation.
Please use caution when trading the pound.
I have set TP at S1 but there is heavy resistance here so can get out on resistance
to get this signal earlier please join our free trading group.
Link in comments
GBP/NZD High Probability ShortThe head and shoulders pattern is almost complete for this pair if we take a horizontal neckline. On top of this, New Zealand are releasing their Visitor Arrivals data, which will be down due to the current climate. However, there is a real chance these numbers could fall even lower than than forecasted, putting more downward pressure on NZD, further supporting this trade.
On top of this, the horizontal neckline assumption coincides with the 0.618 Fibonacci level, so breaking this support is definitely key.
Let me know what you think!
GBPNZD SHORT TRADEGBPNZD broke uptrendline
bearish wave (A) ended at level 2.0491 after breaking key level at 2.0733
then corrective bullish wave (B) rejected from SMA 100 and 50% Fibonacci of preceding bearish wave at level 2.0753
Price now is based below HVN at level 2.0583
MACD shows start of bearish momentum
It's expected for coming bearish wave (C) to target the demand zone at level 1.9947
GBP/NZD: Selling again ! Hi guys,
The pair is consolidating in a clear channel.
I am looking to sell the pair if it breaks the structure to the downside. We are below the ICHIMOKU chart and the pivot.
The target is shown in my chart.
Please feel free to like/comment my previous/current ideas if you find any interest.
Trade with care.
Best,
Jesse
CRUCIAL POINT FOR USDJPYHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
USDJPY is now at a crucial point as its close to its resistance level. if it breaks the resistance line it will go up towards the upper Resistance. If the pair falls back then it will come till the Channel Support then go up a bit and fall down till Support.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
GBPNZD UPDATE! This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!