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Gbp-nzd

GBPNZD Emerging Golden Cross targets 1.9830.The GBPNZD pair is close to forming a 1D Golden Cross, which is when the MA50 (blue trend-line) on the 1D time-frame crosses above the MA200 (orange trend-line). That is a technical bullish pattern. As you see on the chart, every time the pair formed a 1D Golden Cross, it traded within a Channel Up pattern and the price rose to the 1.5 Fibonacci extension and then the 2.0. Also the candle action printed a similar formation and they happened to be around the same levels. As a result we expect the price to trade higher within a new Channel Up and target 1.9830 (1.5 Fib) short-term. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
6
Joe Gun2Head Trade - More Sterling pain expectedTrade Idea: More Sterling pain expected Reasoning: Lower prices expected selling into the strength over the past 60mins Entry Level: 1.9242 Take Profit Level: 1.90400 Stop Loss: 1.9272 Risk/Reward: 3:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
GBPNZD Action plan depending on break-outsThe GBPNZD pair is currently under a rejection on the 1D MA200 (orange trend-line). Even though the 1D MA50 (blue trend-line) is the next Support, based on the correction of 2020, we are more likely to see the trend turn bearish again than bullish. As a result, our plan is to sell as long as the price doesn't close a 1D candle above the 0.618 Fibonacci retracement level (around 1.9850). The hard bearish target is the 2018 Higher Lows trend-line and if you want you may take the -0.236 Fibonacci extension (around 1.8300). A break above the 0.786 Fib though (2.015 roughly), invalidates the bearish bias and instead should create a new long-term bullish pattern towards the Higher Highs, with our target on that occassion beaing 2.1000. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
3
A Potential Inverse H&S Pattern Could Soon Reverse the TrendOn the daily chart , we can clearly spot a possible formation of an inverse head and shoulder pattern. As we can see back in 2021 October, an exact pattern was formed, eventually resulting in a breakout followed by a persistent bull market. Therefore, a similar scenario could happen again soon, hinting a beginning of a bull market. Currently, we are carefully monitoring the price movement to see whether the price will break above the neckline area. After a clear breakout, meaning a daily candle clearly closing above the neckline, we will then place our buy limit orders on the neckline to capture the retest. This is a high probability setup to catch an extraordinary bullish impulse because GBPNZD is very volatile, and a price impulse can easily shake this pair by more than 300-400 pips a day.
Long
by NicoBeau_Capital
GBPNZD Long Set Up Welcome back! Here's a potential buy scalp opportunity for KiSS 2.0 Strategy or whatever entry criteria you use. **GBPNZD - listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
GBPNZD potential for pullback! | 12th April 2022Prices are at a Pivot . We see the potential for a dip from our sell entry at 1.91149 which is an area of Fibonacci confluences towards our Take Profit at 1.89986 in line with 23.6% Fibonacci retracement . RSI is at levels where dips previously occurred. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by FXCM
GBPNZD potential for pullback! | 12th April 2022Prices are at a Pivot. We see the potential for a dip from our sell entry at 1.91149 which is an area of Fibonacci confluences towards our Take Profit at 1.89986 in line with 23.6% Fibonacci retracement. RSI is at levels where dips previously occurred. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
GBPNZD LONG - Buy Entry - D1 ChartGBPNZD LONG - Buy Entry - D1 Chart Buy @ Market Symbol: GBPNZD Timeframe: D1 Type: BUY Entry Price: Buy @ Market Resistance @ 2.02900 Resistance @ 1.97203 Pivot Point Yearly @ 1.94846 Resistance @ 1.91244 Support @ 1.88625 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍 ✅ If you have any feedback or questions, please leave a comment below as I answer each comment 💬 ✅ Wishing you enjoyable successful trading 🙏
GLong
by UnknownUnicorn35780991