Hello, financial freedom fighters! NZDUSD has again rejected going above 0.61484 for the 7th time. This is a good scenario to short NZDUSD as you can see in the chart I have plan A & B, use a trailing stop to reach to plan A. Let's secure the bag💰
This is an unusual Analysis, but I see great potential in it. In my opinion, the events on the market repeat themselves, so I decided to do a short Trade here.
I am looking for a better price to buy while taking advantage of a slightly risky sale in terms of risk benefit.
China has retaliated and applied tariffs on 106 US imports (25% tariffs on US Soybeans). This will cause further uncertainty not only to US but the global growth, especially economics with greater dependency on trade. In this scenario, we are likely to see weaker USD with an increased appetite for reserve currencies (JPY). Tonight we have a range of economic...
End of a massive week where we saw prices of the major currency pairs moving from between 100 to 250pips, in alignment with our analysis for a stronger USD. This strength in the USD was derived from Chair Powell’s hawkish tone on the US economy and the continual sell off in the equity markets. Today we saw a short term bounce in the USD, most likely due to...
It's formed a XABCD and another triangle to show the predicted movement of the market it's heading to. It's hit the resistance line twice already from previous moves and every time the candlestick hits a resistance line, it continues to crumble and gets pressured to lower the price. I am hoping it will continue to lower because it has already hit a resistance...
NZD has been doing good for me staying in the channel and thats why i think it will go back down again, looking at the bigger timeframe it might be time to break down of the channel and go down hard.
The chart say it all ... (It's much clearer when you see it from your PC)
The US dollar, has a news for FED meeting tonight. NZDUSD, it meet the resistant and fell down, need confirmation about price. But, i think FED will not increase the rate. So it's better that should trailing stop for protect profit, or closed SELL before news launch.