NZDUSD H4 CHART Hello Traders 👋If you find this analysis useful, please support me with your likes and comments. If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
Price touched 0.68 and confirmed the resistance zone. Now waiting for the break of the resistance level to buy and target higher levels. Potential to get in early in the trade now on smaller time frame if we see reverse patterns. The stock market is wobbly at the moment and USD could strengthen. Today is a bank holiday in USA and Canada, so stocks won't be moving...
NZDUSD is one of the strongest non-USD currencies after the NFP, here we got this nice combination long. I'll be waiting for the 0.6682 spot to long! Let's see how it goes yo!
Overall, NZD/USD is trending upwards. Currently, NZD/USD is testing to break below the key level of 0.67. Its next support zone is at 0.65200 and the next resistance zone is at 0.67600. Look for selling opportunities of NZD/USD.
Wave B / 2 has ended in the range of 0.54691 which indicates we should wait for the uptrend. (If the initial 5 ascending waves forming) We are currently in 5th wave of the first uptrend, which can be extended to the targets from 0.6830 to 0.6840. Then the downtrend resumption in direction of a corrective wave for this uptrend will begin.
This pair could drop. Beware the price action before involving in this pair.
Hello everyone Here's the latest NZDUSD analysis.As you can see, this is just price action analysis and you should be patient till get right candle stick confirmation. good luck
Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach. The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
NZDUSD declines in a five-wave impulse pattern from the red level on the chart. According to Elliot Wave theory, a three-wave retracement follows every impulse move before price resumes in the direction of the impulse. As long as the price stays below the red level on the chart, I will be expecting further decline on NU once we see a decent corrective...
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** He broke a simple trend, then corrected and retested, and he is now in the selling zone, to the specified target, but this remains a weak and not strong trend. It may be a minor drop. *** Here is the full analysis for this pair, let me know in the comment section below...
Nzdusd about to sell.. long term sell usd gaining strenght
Resistance Zone Broken Monthly, Weekly, Daily, 4H Broken On Daily TF Falling Wedge Bearish Trend Correction started 0.66 another Trendline, Strong Support Will take LONG entries from 0.66 if HOLDS..
Looking for a big sell-off to the downside if one shows itself
A potential head and shoulders pattern forming. US Dollar seems to be looking up and definitely will see a recovery in the next few months. what do you think?