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...