Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
Gbp/nzd,gbp/usd,nzd/usd analysis 3 replies
trading gbp/nzd with nzd/usd overlay 6 replies
NZD/JPY AUD/NZD basket 3 replies
NZDJPY
Pattern: Bullish symmetrical triangle
was formed on 04.04 at 15:55:24 (UTC+0)
The M5 and M15 time frames may have more false entry points.
NZDJPY
Pattern: Double Bottom
was formed on 04.04 at 18:00:09 (UTC+0)
signal strength 3 of 5
The Double Bottom pattern has been formed on NZDJPY M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 75.39 is broken. The further movements will rely on the width of the current pattern 16 points.
DislikedThe problem with all these analysis on NZD/JPY (and AUD/JPY) is that NZD (and AUD) are pressed down by trade war issue. You add the fact that JPY is a safe haven currency and we have a pair that defies technicals.Ignored
DislikedThe problem with all these analysis on NZD/JPY (and AUD/JPY) is that NZD (and AUD) are pressed down by trade war issue. You add the fact that JPY is a safe haven currency and we have a pair that defies technicals.Ignored
DislikedHey All, Price is pooling around 72.00. Lots of downside pressure but the 71.50 level is going to be tough nut to crack. Price has not traded under that level in 6 years. Upside potential more likely but we will need Japan to mess up and NZD to stop the bleeding with bad news from the - 1.2% decline in dairy prices and bad news from the Retail space. I do have a trade box set up to take advantage of the end of the month sell-offs/buy-backs, re-balancing and position taking. Wait and see for a break out. -Ric {image}Ignored
DislikedI do have a trade box set up to take advantage of the end of the month sell-offs/buy-backs, re-balancing and position taking. Wait and see for a break out. -Ric {image}Ignored
DislikedThis has been my best trade so far, I have been in this for two weeks and considering that there is a gap that needs filling (above my entry) I feel that technically the downside factors are priced in. However, the fundamentals are not going away anytime soon (US-China, dovish CB) so don't be surprised if you see this go as low as 70! {image}Ignored