#NZD/USD# NZDUSD is ...from Martin.phan

03 Jan 2023, 10:07 · Views 1,375

#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

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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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#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

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

#EUR/USD# #currencies: Biggest U.S banks giving recession warnings dampened risk appetite and sent the #dollar back to its strong position after a five month low this week. The dollar index was up to 105.60, beating against #yen to trade at 136.97. #sterling lost ground 0.4% to settle down at $1.2128, followed by a 0.13% decrease in #euro to $1.0460. The #aussie remained buoyed by RBA’s hawkish stance though it was last 0.16% higher at $0.6699. Kiwi edged 0.02% lower to $0.6317. Offshore yuan trade higher at $6.9845, supported by relaxing COVID-19 restrictions.

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

Welcome back to another section discussing the fastest ways to burn your account. Do you know which is the #1 that fresh traders would encounter? IGNORING LEVERAGE. Less experienced traders are often too excited to bet a large amount of money on their standard account while this could be a double-edged sword. If they win the trade, this means they do a good job of making use of leverage. On the other hand, if they fail to make earnings, losing the account is just a matter of time. What we recommend to you is that, DO NOT open a “standard account” when you don’t fully comprehend the market volatility and the principles of leverage. Don't become a loser, or even a debtor, when you don't have enough trading knowledge.

Martin.phan