Thread: Gbp/Nzd
The post-financial crisis and massive central bank stimulus that followed in developed nations has led to some of the lowest bond yields in history. In a move to find higher returns, cash has moved abroad into economies that offer higher yielding assets. Countries such as New Zealand have benefitted during these times, but with the Fed's move to scale back asset purchases in combination with slower growth in China, the four year trend may be showing signs of fundamental weakness.
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Unregistered (2)
Market of the USDJPY is
Looking Down
Pivot Point 1.9906
Support 1 ___ 1.9833
Support 2 ___ 1.9720
Support 3 ___ 1.9647
Resistance 1 ___ 2.0019
Resistance 2 ___ 2.0092
Resistance 3 ___ 2.0205
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Currently monitoring what appears to be a typical market market move.
Price is currently trapped in a range and created a double top.
As retail traders we taught to trade certain patterns and the market maker uses this knowledge to create liquidity
When retail traders saw the double top they started selling, price the spiked out of the contraction to the downside inducing more selling from breakout traders, some sell traders will be in profit for a moment.
The market maker will drive price up ,in the process turning the sell positions into buys and inducing breakout traders to buy even more in this process they will create enough liquidity to fill there sell orders.
I expect price to move into the area marked supply then we will wait for our confirmation to sell and ride the wave with the market maker.
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Emaan14 (2020-08-15)
Today Pair Trend= BULLISH
Pivotal Point = 1.9819
Time Frame = H1
Risk Reward Ratio Should Be = 1:2
Take Your Trade With Emotional Discipline.
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Emaan14 (2020-08-15)
Today market trend: Bullish
Resistance and Support points are depend on market news
So before trading see indicators and then take a decision for trading
Always keep patience and get a huge profit in your trading
Come in forex trading and become a ßillionaire
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
in my opinion this pair will go up again because it still looks bullish so I am more confident we need to open buy again even if it goes down I think it's just a correction and because the market is closed
don't forget if you experience an error always self-evaluate and try to improve don't forget to pray first before doing anything, that way we can be calm in carrying it out and later we can accept whatever results we have tried and be aware that the rise is still far away.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Emaan14 (2020-08-15)
Hello my dear friends, how are y I hope you are all well. Today, the gold market is on a downwardtrend. Due to the decline in the gold market, many markets are going down, so check your plate in the gold market and apply it.
Thank you
Intkhab
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hello my dear friends how are you , I hope you will be fine everyday I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
BUY position is better choice now, you can set target profit level 35 pips from current price
that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.
bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
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Emaan14 (2020-08-15), Unregistered (1)
Dear i.forex members
On this Day i will predicted this pair have being bearish down direction
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR
the market trend could remain in this position and I expected support resistance levels
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator
I suggest to take short terms position on SELL today
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
hello everybody how are you hope you are enjoying your trading day and making your analysis for the coming days
I am going and analysis for the coming days the market of this pair is not move on technical basis but it is moved on fundamental basis area know when gold take a bullish moment then it is also take a bullish movement so here we can say that price will move up side when market will open and its target will be reached
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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