NZDJPY DAILYWatching for a potential lower high / retracement to come before heading lower or break of support.
Kiwidollar
EURNZD 2HPrice closed above a weekly key level on the weekly, so I believe the rise will continue until the next level of resistance ..
NZDUSD 4HAt a retracement area now, expecting another push to the downside as price is rejecting under daily resistance / 4 hour downtrend line..
GBPNZD DAILYPrice broke above resistance, so I will look for a potential reversal at the next weekly resistance..
NZDCAD 4HTriple bottom on the daily.. Price above its weekly uptrend line as well, watch for a break of the CTL & resistance turned support to go long
EURNZD DAILYPrice now at a strong weekly resistance level, waiting for a daily close hopefully with a doji candle showing a chance of a reversal at this zone. Price may make its way back down to its uptrend line each blue line are my targets... Double top as well : )
GBPNZD 4HParallel channel breakout.. Watching for a potential retest & bounce off support to go long & we might see a new higher high be made next week : )
NZDUSD 4HCalled this retracement last week, price came up to make a lower high, now forming a bearish flag pattern. A new lower low is on the cards to be completed soon :)
AUDNZD 4HAt trendline support, looks like a bullish flag is forming & another move to the upside is likely.. But a breakout in either direction is what ill be looking for.
EURNZD Price broke its counter trend line after bouncing off its daily uptrend line where I took profit on my short. Now looks like we have a nice long opportunity I am looking for a right shoulder to be formed at the retest of the broken CTL to create a inverse Head on shoulders pattern. This pair should take off during London session!
NZDCHF 4HPrice has been consolidating for some time now it seems price is pushing out of its counter trend line, if we get a close above the 61.8 fib I expect price to retest & head higher potentially creating an uptrend with higher highs & lows..
EURNZD 2HCounter trend line rejection.. good RR opportunity here. Keep in mind we have NZD news tomorrow that will have a big effect on the market.
long enter at 1.6690 target 1.6755 and 1.6800long enter at 1.6690
target 1 at 1.6755
target 2 at 1.6800
KIWI LONG if the price break 0.6944 level, there will be potential long opportunity to 0.7049 (105.5 pips) or and 0.7117 (173 pips) during the week.
so be alret on the level 0.6944
Decision drivers
BB MA break and hovering above MA
RSI convergence
Faded trend - reversal
Bullish power
NZDUSD 4HPrice currently sitting above daily support & above the 50 moving average, waiting for a break below support & bearish engulfing candle to go short for another leg lower...
EURNZD WEEKLYReversal bar to strong resistance, showing that more downside is expected. First target around 1.66500 area & if we can break that daily uptrend line I believe price will head to the weekly uptrend line..
AUDNZD 4HThis pair I will be watching to for a potential short during AUD news later today. Looks like price broke its wedge & is now retesting, along with broken support turning resistance. Will be observing carefully
NZDUSD DAILYWe are in retracement mode right now with NZD, I am expecting a lower high & retrace to its downtrend line for the 3rd touch to enter short again to make a lower low..
EURNZD 4HPrice came back into its daily broken wedge, which is showing a potential short is still on the cards. Price is making a flag pattern & the Moving averages are getting ready to cross over waiting for a breakout of flag to go short. price could potentially go to the bottom of its wedge..
NZDJPY DAILYPrice currently at support, we could get a lower high or continuation down as I believe JPY will gain strength this week. Lets observe!
