GBPNZD Ascending Triangle (Aug 15, 2017)

by Kate Curtis | August 15, 2017 3:27 am
GBPNZD has formed higher lows and found resistance around the 1.7900 major psychological level, creating an ascending triangle pattern on its 4-hour time frame. Price is still hovering around the triangle support near the 1.7750 mark, still...

GBPNZD Double Bottom (Aug 03, 2017)

by Kate Curtis | August 3, 2017 4:30 am
GBPNZD bounced a couple of times off the 1.7400 level, creating a double bottom pattern with a neckline at the 1.7850 minor psychological level. Price has yet to break past the resistance before confirming that a longer-term...

GBPNZD Countertrend Play (Jun 19, 2017)

by Kate Curtis | June 19, 2017 4:11 am
GBPNZD has just bounced off its descending channel resistance and is making its way towards support. If the bottom at the 1.7300 handle holds, price could make another test of resistance. Stochastic is already indicating oversold conditions,...

GBPNZD Channel Resistance (Jun 16, 2017)

by Kate Curtis | June 16, 2017 4:02 am
GBPNZD is trending lower but has just pulled up to the channel resistance around the 1.7750 minor psychological mark. If this area keeps gains in check, the pair could head back down to support at the 1.7200...

GBPNZD Retracement Setup (May 31, 2017)

by Kate Curtis | May 31, 2017 2:32 am
GBPNZD has sold off quite sharply recently but this dive could come to a halt as price nears an area of interest. Recall that the pair also broke past the neckline of a double bottom pattern, indicating...