Overall, NZD/USD is ranging across. Recently, NZD/USD broke above the key level of 0.68. Currently, NZD/USD is trading toward the resistance zone of 0.68400 and the next support zone is at 0.67100. Look for short-term buying opportunities of NZD/USD if it breaks the resistance zone of 0.68400.
There may be a hard landing in DX1! Over the coming weeks This may coincide with news from the United States of America and now lead to a sharp decline in the dollar
⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
In harmony with the economic data released recently, no doubt we can expect the FED to initiate the tapering.
The last data speak from themselves... One should be very carefull cause the momentum will increase with the FOMC in just a few hours
Hi... after breaking the level of 1.152 to 1.154..the price needs to be corrected and we can see the price rise to 1.152.. tp=1.1528 sl=1.14
After being stopped out yesterday due to the inflation news, my trade went straight to tp but anyways... The idea here is very simple, BOS, retest and confirmation. You could see this retest as a retracement towards the .786 if you draw the fibonacci, but as a matter of fact price is now over extended and gotta come down. I believe we have order blocks...
This is November to remember Mark this Monday as a special Day
I feel that the 4 in Elliott terms is pretty much there - this goes all the way back to my related idea in April this year. We can now see the ABC in this move which is part of the higher TF count. It could even be complete here. Now what we are waiting for is the change of character before jumping the gun. DXY is still playing respectfully - So now it's...
Hello to all If you look at the daily chart, you will see that the current trend of the Euro is upward. You could have considered the loss limit less just to know that the general trend is up in 30 minutes time frame, I considered this amount. Thank you for your likes and comments.
Ripple price have a stability above support zone so the tendency is upward. ——— Entry: above 1.05 Targets.: 1.19 & 1.26 & 1.39
GBPUSD is in a downtrend and its possible for it to sell,Im going to wait on the 1 hr for a structure bresak downwards and sell
The Chinese Yuan's volatility versus the US Dollar has eased considerably in recent months compared to price action seen earlier this year. USD/CNH is quickly approaching the apex of a Symmetrical Triangle pattern, however. This may see the currency pair make a break higher or lower in the coming weeks. Technically speaking, the triangle doesn't show bias to...
Overall USD strength is still Bullish on a technical standpoint Price has rejected the previous zone as forecasted yesterday. However we aren't 100% in the green for the USD just yet; It has to break above the white supply zone before we may see good USD strength. Watch out for the upcoming days and news releases also.
The greenback has made a very strong bullish push for the past month. As we start the new month of October, I expect the USD to retrace towards either: The the weekly trendline Previous resistance Support 93.000 ...before continuing higher (Provided positive fundamentals for USD) Things to watch out for this week (Fundamentals): OPEC Meetings...
Fundamental wise , The Greenback made a strong push with the ever-rising inflation concern. It seems that the FED is starting to feel the pressure of inflation however the situation remains uncertain as the Delta Variant is still rampant in the US. This seems to be a hopeful outlook towards a rate hike. We should we remain cautious as Final GDP q/q and...
dollar breaks its channel toward the upside . historically bitcoin and dollar moving on vice versa. bitcoin is in a very critical condition and us dollar moving upside wont help bitcoin at all
The US Dollar has spent most of the year mean reverting but given this week's FOMC + the technical backdrop are both pointing higher. the 2021 high is at 93.73 and we're already running into this year's resistance zone. The higher lows that have printed of late combined with that horizontal resistance make for an ascending triangle. Bullish.