ZXY trade ideas
ZXY (NZD_INDEX)We see a complex algorithm in the Frank index.
In this analysis, we plan to review the latest price cycle.
We estimate that the stimulation and yet the wave 4 is not completed, so we waiting to pullback and be in the buyer's queue
ZXY (CHF _INDEX)We see a complex algorithm in the Frank index.
In this analysis, we plan to review the latest price cycle.
We estimate that the stimulation and yet the wave 4 is not completed, so we waiting to pullback and be in the buyer's queue
Kiwi has set up for a strong upward trend.This is the NZD currency index.
According to my analysis, the currency has the potential to strengthen by 18%.
Index target 78 from current 66
New Zealand Index Long Setup WeeklyPrice has been ranging on weekly with distinctive lower high patters , I see price move up one more time to the upper range to either retest the Resistance zone or the broken triangle.
This effect may follow up in NZD strength throughout the NZD minors.
ZXY Hard To Tell - Short Term Strength | Long Term Weakness? What are your thoughts on NZD INDEX?
We could see a short term strength back up to the top of the trend followed by nice weakness...?
NZD INDEX - short to Elliot wave 5?Look left, the same picture will be.
MACD Weekly is still at down.
nzd could be either way in my opinionthe nzd has been one of the strongest currencies of all the g10 currencies as of the last however long. very possible to see a drop into a complex correction of sorts then higher, but ultimately i dont like to push currencies too far, especially with so many other great opportunities out there right now!
