NZDCAD 4HAt a very important decision making zone right now sitting on previous resistance now strong daily support.. Price is in a uptrend making higher highs & lows, I will keep my eye closely on this for CAD news in the morning!
Kiwidollar
EURNZD 4HPotential break of the downtrend channel & resistance broken. Now coming for a retest before making a strong move to the upside!
GBPNZD 4HWatch for a break & retest of the downtrend line for potential longs, price closed with a strong bullish engulfing candle, & bounce off a strong weekly reversal zone, price could now be ready to change trend direction will be watching closely..
Kiwi long (long term)Htf analysis indicates we are still bullish, and with the dollar continuing to fail, we should expect the retail stops to be taken one by one. We have had a break in market structure after raiding stop of those who are already long.
expecting price to reach institutional level of 0.9
1700+ pips reward from current market
GBPNZD DAILYPrice is in a clean downtrend.. 600 Pip move since the last double top after its channel breakout. Lets see if price can make its way back to the bottom
EURNZD 4H4 hour candle close breakout confirmed, now looking for shorts down to the next area of support..
EURNZD 2HLooks like a potential double bottom off strong daily support, waiting for a daily closure for potential longs. I would now be buying the pullback (lower high) completion before a potential new low..
NZDUSD 4HPrice made a big time fakeout yesterday, now looks like price broke above resistance & is now retesting turning into support now. Watching for a daily closure for potential buy positions.
NZDCAD 4HPrice now trying to break its counter trend line & resistance, watch for a close above & a retest for a potential new higher high..
short at 0.7181 for target 0.7130 (51pips)i short Nzdusd because:
he is overbought
he outperform and all currencies even the Cad who is the most strong after
he is touch many time the down T-line since 27july high and no pass
he is supported by commodities
so i try a small short for 50 pips
2 x 1lot
will cut 1 lot at +15-20 pips and make the second lot with SL at +5-10 pips for secure gain and be safe
NZDUSD DAILYResistance broken, price is now headed to the next level of resistance. Bulls continue to march ...
GBPNZD WeeklyPrice now is sitting on strong weekly support, making a higher low & is in an uptrend, I will be watching for buy positions on this pair
NZDCAD 4HPatiently waiting on this pair to play out & break its counter trend line + retest for longs, & complete its abcd pattern.. Previous resistance now support holding nicely, now its just a waiting game.
EURNZD DAILYPrice made a double top at daily resistance, & price is forming a bearish flag pattern after breaking its uptrend now making lower lows & lower highs.. Lower high complete, now looking for another potential lower low : ) Lets see if we can get a completion of the head on shoulders pattern!
AUDNZD DAILYLooks like price broke out of its bearish channel with a bullish engulfing candle, now we could see some more potential upside price action to complete the bigger picture Head on shoulders pattern where we could get a strong move to the downside from that point..
NZDCAD DAILYPrice rejected daily support once again after a strong breakout to the upside, now making a higher low. Can you see the bull flag pattern? I will be watching for a breakout for a potential new higher high..
short at 0.7120 for target 0.7055 SL 07154short eh kiwi dollar he is just under ma50 weekly and is big resisantance to pass
even he was supported by a weakness dollars but more by copper he need a consolidation from my view
Aslo dollars should rebond today or the new years 2 january this selloff has no sense
short at 0.7120
target 0.7050
gain 70 pips
Stop los 0.7154
loss 34
AUDNZD 4HPrice failed to break above daily resistance on the daily close, now breaking my counter trendline to the downside.. I will be watching for a 4 hour close below for potential shorts
NZDCAD 2HPrice approaching resistance / trendline resistance, lets see if price can break this level to the upside
GBPNZD 4HPrice has reached a strong level of support, where we could see a potential rebound to the upside from here. I will be waiting for a break of the trendline to consider buy opportunities!
