I think that the pair is making a channel and a low degree uptrend, because higher highs and higher lows are formed. So my suggestion is to buy the pair with a target of upper line (zone) of the channel, after that, a short position is expected.
I am thinking about two cases. 1st, the support zone which now is a double bottom will not be broken and after hitting it, the pair will make an uptrend toward the resistance zone (upper line of the green channel). The 2nd chance is that the pair will break the support zone and decrease further toward 122.5 support zone. I believe that the first idea is more...
As I depicted in the chart, the pair has broken the downtrend channel (red channel) and may make a new uptrend channel (green channel). What do you think?
I think that it is the time for AUD to rest for a while and GBP prevails the AUD. What do you think?
I prefer the 1st idea, because I see higher highs and higher lows in the chart. What do you think?
GPBJPY toward 148.7 resistance zone to retest the double top. GBP shows an upward movement against other counterparts. What is your idea?
I have a long term view of growth for NZD and I will see this pair decreasing toward 1.87 support zone. Now, we have a strong resistance zone.
Seems to return to the upper side of the channel. What do you think? Looks simple.
I follow the range channel until one of the lines be broken.
Although, we can see that JPY has a great potential of growth against its counterparts, I think that NZD is also doing so. Accordingly, I follow the red channel which has a little negative slope.
I follow the channel until either upper side or lower side of the channel will be broken. What about you?
GBP reached it strong support zone last week. I expect an increment for this currency. Very simple, no? Any Idea?
I have depicted my view of a long-term short position. I think that Gold will be at the 1235 support zone at the end of May or June. What do you think?
Buy for a short term to the upper descending trend line.
I have a simple view here, range movement for the pair.
This is a technical view of range movement of the pair. I follow the channel. What do you think?
The channel is seen in almost all NZD pairs, I expect a move from down-side to the upper-side of the channel. In addition, I expect a decrease in USD value and increase in NZD value against most counterparts. What is your idea?
Like other NZD pairs, range channel is seen here and I follow the channel. I am going long here.