WELCOME TO DACAPITAL-TRADING! NZDUSD FOREX BREAKDOWN 23 JANUARY 2018 1 HOUR Strong bullish movement into 50-61.8% Resistance Area, expecting a turn now! 4 HOUR Bearish Waving market with a strong pullback now, good entrys DAILY Bearish market with several pullbacks LEVELS SELL NZDUSD ENTRY @ 0.67950 SL @ 0.68370 (40 Pips) TP @ 0.67440 (50 Pips) RR:...
NZD/CHF pair is extending 200-DMA breakout, bias bullish. Next major bull target lies at 61.8% Fib at 0.6812 ahead of 0.6847 (Dec 12 high). On the flipside, 200-DMA is major support at 0.6708. Retrace below will negate the bullish bias.
NZDUSD is testing our first resistance at 0.6778 (Horizontal swing high resistance, 50% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.6745 (Horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading...
After the triple top, EURNZD has dropped heavy, hopefully it will break the support in order to create a new LL on the trend.
Hi Traders, The AUDNZD has broken out of the bullish ABC zigzag corrective chart pattern within a larger downtrend. . The pullback which retested the broken descending trend line, 38.2 Fib and resistance level is most likely part of Minor Wave 4 "blue," which could indicate a continuation of the downtrend. . The first target is support level @ 1.0378 and main...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.67. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.675. TP4: R2=0.6785. Set the stoploss of these orders at breakout of S2=0.6685. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.67. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.675. TP4: R2=0.6785. Set the stoploss of these orders at breakout of S2=0.6685. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
WELCOME TO DACAPITAL-TRADING! CHFJPY FOREX BREAKDOWN 22 JANUARY 2018 1 HOUR Bearish reaction to 1.06670 into our buy zone 4 HOUR Overall bullish waving market with several pullbacks, similar now! DAILY Bearish market with a pullback to the upside now... LEVELS BUY AUDNZD ENTRY @ 1.05870 SL @ 1.05460 (40 Pips) TP @ 1.06370 (50 Pips) RR: 1.20, normal...
According to the elliot wave theory, FX:NZDCAD . is at its correction phase, and using the fib extension we get T1 for the small ABC wave and T2 for the bigger wave; T1 is short term while T2 is mid/long term Another thing to keep in mind, is that China is expected to report on Monday that economic growth cooled to its slowest in 28 years and this means that...
The Monthly and Daily time frames are Bearish. This pair has trading in a tight range since January 17 Would like to see the Kejun Sen flatten or better yet step down and that will happen if the pair respects the Resistance level. The Optimal time to start look for this trade to trigger would be after 1am as the Cloud will have thinned out making it easier to...
Unfortunately i had the trade ready almost, just when bitcoin started to drop and pump so i missed the perfect entry at the low. Now i will make another attempt and try to see if this small wedge on the left plays and try to get in around the orange circle. Now again while writing a broke up. I am posting this one, but i will wait with the entry, want to see how...
We expect price to maintain this downward movement.
The NZDUSD pair could be dropping into its last leg for now and find support around 0.6685/95 levels, before turning bullish again. Please note that 0.6687 levels is also the fibonacci 0.618 support of the recent upswing between 0.6585 and 0.6848 levels respectively. Looking at the higher degree wave counts, the NZDUSD seems to be unfolding potential wave 3 or C...
AUDNZD is approaching its support at 1.0602 (100% Fibonacci extension, 61.8% Fibonacci retracement, Horizontal overlap support) where it could potentially bounce to its resistance at 15.34 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, Horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 3% where a corresponding bounce...
NZDUSD is approaching our first support at 0.6714 (horizontal swing low support, 61.8% Fibonacci retracement, 50% Fibonacci retrracement) and a strong bounce might occur below this level pushing price up to our major resistance at 0.67831 (horizontal swing high resistance, 50% fiboancci retracement). Stochastic (89,5,3) is also approaching support and we might...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6705. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6755. TP4: R2=0.6785. Set the stoploss of these orders at breakout of S2=0.6685. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6705. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6755. TP4: R2=0.6785. Set the stoploss of these orders at breakout of S2=0.6685. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...