NZDUSD yesterday has...from Martin.phan

29 Dec 2022, 09:43 · Views 1,312

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

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Martin.phan

156 Posted · 212 Followers

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!

NZD/USD

5,300 Followers

Don’t confuse margin and leverage. Though their relationship is interdependent, each functions distinctively. Leverage is the ability to control a large amount of money using none or very little of your own money and borrowing the rest. For example, to control a $100,000 position, your broker will set aside $1,000 from your account. Your leverage in ratios is now 100:1 and you have control over $100,000 with only $1,000. Meanwhile, margin is the initial amount of money that you have to deposit into your account in order to start transactions, including leverage uses, with your broker. Margin is usually expressed as a percentage of the full amount of the position. If your broker requires a 2% margin, you have a leverage of 50:1.

Martin.phan

#NZD/USD# NZDUSD now is also in sideway trend when 0.6329 and 0.6315 are two strong support and resistance.So, my advice is just wait and do nothing.We will want the price breaks out of sideway trend then easier to decide what best positions. +Sell: 0.6328,S/L:0.6332,T/P:0.6298

Martin.phan

#NZD/USD# NZDUSD has broken the price channel, which is a downtrend at the moment.Considering for Selling options, by the side, now is at the end of the year,the liquidity is also very low, then it is hard to predict 100% what can be happened.Please be careful and don't waste money on chances that you are not really sure. +Sell:0.62789,S/L:0.62907,T/P:0.62359,0.62096

Martin.phan

NZDUSD was down like I expected yesterday to 0.62108, and now it is waiting to absorb money to create an uptrend short-term to 0.63000, which is a key resistance.At that point, it will show whether the price could fly up further or bounce down deeper 0.62108.I suggested for scalping Buying sides: +Buy:0.62353,S/L:0.62108,T/P:0.62987

Martin.phan

#NZD/USD# NZDUSD was down like I expected yesterday to 0.62108, and now it is waiting to absorb money to create an uptrend short-term to 0.63000, which is a key resistance.At that point, it will show whether the price could fly up further or bounce down deeper 0.62108.I suggested for scalping Buying sides: +Buy:0.62353,S/L:0.62108,T/P:0.62987

Martin.phan