


forexpeeps79
There is still possibility of a long set up for GBPNZD as we can still see Buyers holding their Ground and pushing markets higher.
Explained in video rationales for Long entry on this pair.
From Daily Charts, We can see a RBR happened, Prices goes Up in the Early Week Before starting to lose slight Momentum Towards the End. So i'd be expecting Prices rotating down to make a Pullback towards Value areas in order for us to look for a Price action signal to go Long on this One. No Sell set ups for Now as there is No structure change in Daily to...
We have seen Weakness in the US Currency . The Push Down has Already Happened, Therefore,i'd be expecting Prices to push up for liquidity before Moving Down. Structures wise and Based On Supply demand, this pair is still on a Downward trend.
Gold based on the Weekly charts is quite choppy overall and this is of course because of its sensitivity to the US index. However, overall structure is still trending up except that for Now , ANY Buys is consider quite a risk, given that price have Already Pushed up and we can see a Clear exhaustion by the Bulls . So we should see Bears starting to be In control...
AUDNZD on a Weekly chat close have shown that Buyers is currently back to push this market up. Market have already pushed down considerably and therefore, Any Short positions will not provides a good risk reward ratio. Please Note that this is a Weekly Charts. Therefore , as the Daily Charts progresses from Monday onwards , prices are sure to fluctuate. So it...