NZDUSD is going side...from Martin.phan

17 Nov 2022, 10:25 · Views 249

NZDUSD is going sideways now because it is attached at fibo 0.5 which is 0.6126.Although at this price, it is a really strong support but we still couldn't sure anything because now is in downtrend.And whether if it could hold the price?So my advice is standing outside to see the trend clearly then start positions later.But to my opinions, I think it will break support and decrease harshly to 0.6020 +If it breaks fibo 0.5, then Sell: 0.6121,S/L:0.6139,T/P:0.6020

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Martin.phan

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I am here to talk about my definition, my points of view about Forex market.I am happy to be a part of your profit when my signals can help you!

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NZD/USD

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NZDUSD is in price channel which is made by two trendlines.Now the price will go sideway within my price channel, but the trend of NZDUSD is still downtrend.So I expected it will hardly rush down.by the way, Ichimoku cloud is also give signal downtrend is continue happening.So, considering Sell options: +Sell:0.62635,S/L:0.62765,T/P:0.62325,0.62049

Martin.phan

#XAU/USD# #commodities: Weakening Chinese manufacturing activity due to lockdown measures along with concerns related to OPEC+’s last meeting about the supply cut and the dollar drop ended the three-day rally of oil prices. Brent crude #futures and WTI crude #futures remained unchanged at $86.83 and $80.50 respectively on per barrel. #Metalprices rallied on speculation of smaller rate hikes and scaleback of COVID-19 restrictions in China. #Spotgold inched up 0.5% to $1,778.20 while #goldfutures added 1.8% to $1,791.25. #Copperprices firmed around $3.7838 a pound, after gaining more than 4% in the previous session.

Martin.phan

Failure is the mother of success. It doesn't mean you are not good enough, but simply that you will have a chance to review, learn your past mistakes and put in more effort to win back the next time. Start crunching the losses from unsuccessful trades and creating profits with these three ways: 1. Calculate your performance 2. Drill down on your losers 3. Calculate your trade expectancy Get in the habit of regularly checking your performance to gain insight into the behaviors and factors that can affect your trading results. Rest assured, your effort will be rewarded.

Martin.phan

#NZD/USD# NZDUSD is breaking trendline is head down to 0.63024, this is could be a signal for short-term downtrend to 0.62327.By the side, there is fibo 0.236 at .62974 which is a support but not really strong and it could be broken also.Considering for Selling options than Buying. +Sell: 0.62958, S/L:0.63030,T/P:0.62338

Martin.phan

NZDUSD yesterday has increase strongly, but it faces off with the resistance at 0.63470 and felt back down.Now it is going to retest its old top 0.63387 and maybe it could be decrease to its own down trendline at 0.62902.Waiting until it retest at its old top then consider Sell options: Sell:0.63398, 0.63470,S/l:0.63558,T/p:0.63046,0.62866

Martin.phan