NZDUSD has been trading inside of a range since Feb 23rd and is currently at the bottom of it. Buying the bottom of the range is the most logical move to make in my opinion. Watch the video to know my targets...
After being oversold, the pair has rejected close to a major key level and since then had strong bullish momentum. We have since then created higher highs and higher lows. Price also broke out of key resistances. My final target is at 1.2630 .
Last friday, we were trying to figure out where would be the new lower high of this bearish trend. We have created and the forecast remains valid. More in the video...
EURNZD has rejected a strong support at 1.7200 but the general trend remains bearish... Where will it reject to continue lower ? More in the video...
GBPUSD has been under pressure for the past 2 days, however the trend is bullish is bullish. It is about to encounter a major support at 1.2436, will it reject it and go higher ? More in the video...
The pair is still showing higher market structure on the higher timeframe. On the 1h timeframe we just hhad a rebound on support suggesting a continuation to the upside. Target at 153.45 .
EURJPY remains in an uptrend after having re-tested a strong support. The pair should create a new high before heading to final target at 153.09 .
Fundamentals are still against JPY... On the technical side, We have tested our last support wich was my TP1 on a previous idea. My final target remains 174.80 .
The fed is planning to pause the interest rates hikes. Next run on memes coin before 2024 ?
RNDRUSDT is currently forming a higher low before creating a higher high. My target is at arround the $3.00 mark.
Exactly as GBPCHF, this pair has made a pushback to the upper side of the ichimoku cloud but has also retested the 200MA. On the fundamentals side, the SNB is doing way better than the ECB fighting inflation. For these reasons I am going short on the pair with a target at 0.96727 (pivot) .
GBPJPY is continuing with the uptrend right after a rebound at the 165.50 support. Both fundamentals and technicals suggest the pair should push to the upside in the future. FOLLOW FOR UPDATES
Driven by strong fundamentals, the pair is still continuing its downtrend after a breif pushback inside the ichimoku cloud where it has found resistance. Currently, we have cleared the cloud by the downside so new lows are to be expected. I personally have my target at around 0.8800 .
The New Zealand dollar has suffered high pressure in the recent days. It gained momentum last friday, however, the fundamentals stay the same and the Euro is taking advantage of some positive consensus regarding its next monetary policy meeting. These conditions should create further acceleration to the upside. My final target is 1.8619 .
The pair has made a pushback to the upper side of the ichimoku cloud but has also retested the 200MA. On the fundamentals side, the SNB is doing way better than the BOE benefiting more to the Swiss currency. For these reasons I am going short on the pair with a target at 1.09524 .
With the trend being bullish. Currently the rebound from the cloud is certainly ian excellent entry point before we have the FOMC volatility in the forex market tomorrow. My target is at 2.0615 .