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GBPNZD long trade opportunity on the 4H chart

GBPNZD, as can be seen in the 4H chart below, has recently been moving in a down trend within a 5 wave elliott count(wave 5 still in the making). This leads me to believe that there could be soon some good opportunity to go long this market.
I expect the price to go a bit lower for the wave 5, breaching the trendline formed by the previous lows and also testing the lower support area. When the prices reach these levels I would consider going long with a primary target at the green rectangle are…
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Aussie daily review 22.12.2017

AudUsd has made new highs the past few days. Currently the price action stopped just at the level of the trendline of the previous highs. This should prove to be significant resistence. Considering the price didnt push through it the market suggests it ran out of steam for pushing higher, at leaat for now. In my view this is a good risk reward trade oportunity. The first target I consider as good support would be previous lows level marked with the green rectangle.
Green pips to you all.
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GBP/USD in 1 Jan

WEEKLY CHART
TYPE OF CHART
: AREA
we are using in this weekly chart a another type so famous to make all the support so clear .. we see here from 2010 al the support and psycho line and support it s on 1.500 and actually it s a strong support...
Daily Chart
Indicator
: FIBONACCI
in Daily chart we are using Fibonacci to declare the support and resistance .. according to weekly we determine the trend will go UP and her is we can see the major line in 1.5230 according to 50%
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NZD/CHF Trendless Area

CHART SCALE: Weekly
INDICATORS
: Parabolic Sar, Money Flow Index, Linear Regression Slope
RESISTANCE LEVELS: 0.64807 - 0.65197 - 0.68093
SUPPORT LEVELS : 0.6232 - 0.63202
PAIR ANALYSIS :
NZD/CHF has been traded within a trendless zone in the parallel channel between support line at 0.6232 and the resistance line at 0.65197 as indicated in fig 2 . The trendless can be evaluated in consideration of the linear regression slope around - 0.00008 and a chart analysis.The Parabolic Sar and the MFI with…
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foreignexchange avatar

Comment 1 -  Based on recent data, it is possible that the chances of an SNB intervention on the foreign exchange market are not so interesting, given the stable level of demand deposits of the central bank.  Before 07/08/2015 , the total deposits remained stable, amounting to 462.32 billion compared to CHF 462.05 billion the previous week. So it is possible for the pair a slightly bullish tendency.

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Comment - The  NZD/CHF  seems to faciliate a bullish trend. The Crude Oil forecast and the China economy releases could suggest that the commodity pairs as the  , new zeland dollars, the canadian dollar, the australian dollar can have a bearish retracements.

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Comment 3 - At the opening of  week 30/08/2015 the pair NZD/CHF pattern indicates a slightly bearish trend . This trend can be supported by the negative linear regression slope and the bearish parabolic Sar

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HKD/JPY possibility of a trendless forecast

CHART SCALE: Weekly
INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope
SUPPORT LEVELS : 16.0586 - 16.2211
RESISTANCE LEVELS: 15.57110 - 15.82808
PAIR ANALYSIS :
The HKD/JPY is in a bearish tendency within a bullish channel as indicated in fig 2. The chart analysis indicates the possibility of a pattern forecast between the resistance and the support zone. The resistance area around 16.2211 and the support zone at 15.57110 can be considered as line for a possible trendless chann…
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Comment 1 - The  BoJ  could support the monetary base at an annual level of ¥80 trillion.
BoJ Governor  had said  he didn’t think that the last quarter's weakness could continue and he reiterated that inflation could reach 2% . This context could facilitate a trendless strategy in the HKD/JPY

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Comment 2 - At the opening of  week 30/08/2015 the pair HKD/JPY pattern indicates a slightly bearish trend . This tendency can be supported by the negative linear regression slope and the bearish parabolic Sar

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GBP/NZD Bullish with possible retracement

CHART SCALE
: Weekly
INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope
SUPPORT LEVELS : 2.39982 - 2.45992
RESISTANCE LEVELS: 2.27698 - 2.29799 - 2.35993
PAIR ANALYSIS :
The GBP/NZD is in a bullish trend with a bearish crossing of the support line and a retracement at the resistance line as indicated in fig2 . Since beginning of 20/04/2015 the currency pair has been dominated by a buyers positions tendency with few corrections along the pattern channel. The Linear Regression Sl…
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Comment 1 - Even if subdued inflationary pressures, sterling has been underpinned in recent weeks by robust economic releases, with British consumer demand holding up, wages rising and the slope of growth improving. This context could facilitate a bearish retracement of the GBP/NZD

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Comment - The  GBP/NZD  seems to faciliate a bullish tendency. The Crude Oil forecast and the China economy releases could suggest that the commodity pairs as the new zeland dollars, the canadian dollar, the australian dollar can have a bearish retracements.

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Comment 3 - At the opening of  week 30/08/2015 the pair GBP/NZD pattern indicates a slightly bullish trend . This tendency can be supported by the positive linear regression slope and the bullish parabolic Sar

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GBP/JPY bullish with possible retracement around the resistance area

CHART SCALE: Weekly
INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope
SUPPORT LEVELS : 195.8110 - 197.300
RESISTANCE LEVELS: 184.823 - 189.298
PAIR ANALYSIS :
The GBP/JPY is in a bullish domination as indicated in fig 1. The MFI, the configuration of the Parabolic Sar and the Linear Regression Slope around 0.682 can suggest the bullish domination. There is the possibility of a retracement around the resistance area at 197.300 as indicated in fig 2.
A bearish crossing at 189.6…
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Comment 1 - Even if subdued inflationary pressures, sterling has been underpinned in recent weeks by robust economic releases, with British consumer demand holding up, wages rising and the slope of growth improving. This context could facilitate a bearish tendency of the GBP/JPY.

foreignexchange avatar

Comment 2 - The GBP/JPY  seems to faciliate a  bearish tendency. The Crude Oil forecast and the China economy releases could suggest that the commodity pairs as the pound , new zeland dollars, the canadian dollar, the australian dollar can have a bearish retracements.

foreignexchange avatar

Comment 3 - At the opening of  week 30/08/2015 the pair NZD/JPY pattern indicates a slightly bullish trend . This tendency can be supported by the positive linear regression slope and the bullish parabolic Sar

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AUD/NZD the retracement at resistance area


CHART SCALE
: Weekly
INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope
SUPPORT LEVELS : 1.13094 - 1.15912
RESISTANCE LEVELS: 1.06904 - 1.10332
PAIR ANALYSIS :
AUD/NZD is in a bullish domination tendency with the price around the key level price at 1.107. The currency chart pattern analysis indicates the retracement around the 1.3102 area as indicated in fig 1. The pair pattern dominated by a bullish positions tendency with few corrections along the pattern from 04/2015 can su…
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Comment 1-  With prices of commodities that are expected to remain low,  the  AUD, NZD, CAD and NOK  can facilitated to have bearish results. The possibility of  a lack of export demand,  in Asia,  and the Shangai Composite around - 8.2 % could suggest that the commdity pairs could have a bearish domination for the analysis. 

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Comment 2 - The AUD unemployment rate rose from 6.0% to 6.3% , by repudiating the expectations of 6.1%. The 07/2015 figure was revised down from 6.1%  the Reserve Bank of Australia is struggling to adapt its monetary policy, since a the rate cuts strategy could serve as fuel for the housing bubble.
In this contest the AUD/NZD could have a bearish trend.

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Comment - The  AUD/NZD  seems to faciliate a trendless tendency. The Crude Oil forecast and the China economy releases could suggest that the commodity pairs as the  , new zeland dollars, the canadian dollar, the australian dollar can have a bearish retracements.

foreignexchange avatar

Comment 4 - At the opening of  week 30/08/2015 the pair AUD/NZD pattern indicates a bullish tendency . This propency can be supported by the positive linear regression slope and the bullish parabolic Sar distribution

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Trendless Aussie Area

Indicators: RSI, Volatility, Volume, HMM
Key price levels : 0.76303 - 0.7912 - 0.8108

Weekly Charts pattern : resistance line , W1 Chart.

Weekly Vision

Aussie is moving in a downtrend dynamics . The chart analysis bearish trend can be supported by the Hidden Markov Models Analysis, the RSI momentum indicator, the China fundamentals analysis and the Standard Deviation analysis.

Daily Vision

The D1 scale indicates that Aussie is in a trendless channel. The channel with the…
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Durden avatar
Durden 5 June

The NFP release at 280 K give opportunity to theUSD bullish side to conquer part of the market sentiment. Obviously the momentum indicator, the chart analysis in H1 and the rate decision can give support to the USD bullish theory. Regarding OPEC and the meeting to be held  in Vienna seems very likely that it could not change the amount of barrels produced, so it is possible to have no great correlations withthe oil price. 

Durden avatar
Durden 14 June

Retail sales at 1 % and PPI at 0.5 % give not so much interest in the Buying side of the market. The saturation of the USD buy market can be partially justified with the possibility of a interest rate decision. The appartently standard USD bearish retracement can be considered in ciew of a psychological USD approach. The USD bullish trend can have just a consilidation area

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Durden 1 July

The Aussie is in a bullish channel as indicated in fig. The possible objective could be indicated at 0.7732 but it should be considered the possibility of a Greek release or social psychology that could also include the possibility of a great offert side trend. 

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Bearish - Trendless Area

Indicators: RSI, Volatility, Volume, HMM
Key price levels : 0.76293 - 0.77989 - 0.79297

Weekly Charts pattern : resistance line , W1 Chart.

Weekly Vision

CAD/CHF is moving in a downtrend dynamics . The chart analysis bearish trend can be supported by the Hidden Markov Models Analysis, the RSI momentum indicator.

Daily Vision

The D1 scale indicates that CAD/CHF is in a trendless channel. The channel with the trendlines at 0.79297 and 0.76293 can lead to a possible retracement and a trendles…
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Durden avatar
Durden 27 June

In case of a greek  agreement found, as mentioned,  it is possible to see  a recovery of the euro and the euro correlted pair like CHF and GBP against the dollar. With no agreement, the scenario could be completely different, with the yen and the dollar to serve as potential bullish support.  Probably it is opportune to be outside this war and shift eventually the opportunity of profitable trading

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Durden 29 June

The greek government, which failed to reach an agreement with creditors, it is possible that it is trying to get the support of the population with a referendum , in the likely event that Greece  exit the eurozone. It is possible that  CHF can have a bearish retracement dynamics.

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