Hello Traders! Risk off mood advanced as china enters into lockdowns and has its financial markets drop by 4%. Enter on the trend line break. Take Profit levels labelled. Have a great day! Vitez
Trend Analysis The main view of this trade idea is on the 2-Hour chart. The Forex Cross NZDCAD is in an upward trend channel, and is forming a higher low around the 0.875 price level. Expectations are for a continuation of this trend channel in the medium term, with a higher high being made around the 0.895 price level, 1.81% away from current levels. Technical...
EURNZD is trending to the upside prior to the NZD Credit Card Spending data, which reveals the spending on credit cards domestically, giving insight into the personal debt markets. Technically the pair has bounced from the 71% fibo level, the 200 15m moving average and the trendline, and we anticipate upside into the 127% fibonacci extension.
THIS IS THE DEFINITION OF A STOP HUNT! we've all seen how the dollar has exploded over the past couple of days but NZD is not giving up without a fight you can see that every time the kiwi goes below .695 on the weekly candle it rushes back up before the week is over. now fundamentally speaking, WE KNOW the RBNZ (New Zealand Central Bank) will be raising rates...
Buy at Market , SL 30 pip at 0.6902, Profit taking at range high 0.7100
NZDUSD is trending to the upside currently prior to the USD 4 week bill auction, which reveals the yield on the bill. Technically the pair has broken the bearish structure, and is testing the moving average ribbon as support. We anticipate continued upside into the 0.7079.
Last week the nzd started making a bullish movement because it has completed it's bearish momentum, price pulled back from the support from 0.696. the price may retest 0.696 if not then price will continue in upward direction. We can expect a long position once the 50ma crosses the 200ma or break the resistance of 0.709.
Hi guys! 👋🏻 🔔 Possible bearish bat spotted on NZDUSD 🔔 There is a strong resistance at $0.70300, must close above that to continue the uptrend ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
EURNZD has bounced from support prior to the EUR Sentix Investor Confidence, which measures the confidence that investors have in various European investments. Technically the pair has bounced from a key support zone and the RSI has generated an oversold signal. We anticipate continued upside into the 1.6985 level.
NZDUSD is trending to the downside today prior to the USD Housing Price Index, which shows the growth in the US housing market. Technically price has broken an ascending trendline, and is below the 50 hour moving average. We anticipate continued downside into the 0.6977 level.
Welcome back Traders, Investors, and Community! Hi Traders, GBPNZD on the H4 has broken below the support line with a big red candle which suggest the price will go lower however a Pullback might happen at 1.9797 before it goes lower to another major Support around 1.9667 On the H1 we can see that the market has been Bearish for last couple of hours heading...
GBPNZD and GBPJPY both looking like shorts are coming in nicely - let's see if we can get this short this week I'm looking for smaller timeframe entries in the given zone and targetting liquidity below the previous week lows (PWL) and also liqudity down at 1.91600s
NZDUSD is finding resistance prior to the USD personal income data, which shows the total income for individuals domestically. Technically the pair has found resistance around the significant 0.7300 level after the daily chart broker bullish structure. The 0.7300 region is a strong resistance zone, and we anticipate downside. The PPO has also given a bearish cross.
NewZealand Kiwi is pretty weak across the board and here on this pair, the breakout has quite a bit of volume behind it. It's a long trade! Happy Trading folks! Cheers!
NZDJPY is in a bullish flag pattern. Look for an equal length outbound trend!
NZDJPY has broken monthly pivot resistance / 61.8% extension resistance and now looks clear to target the 100% extension.
Hello Traders, It's been quite the year thus far for 2021 with hope of us coming out of the pandemic eventually and seeing more normal moves in the market. Last week was quite a bit of market chop with the news and politics and market rate decisions. We've identified NZD gaining strength in other pairs and now that has moved over to NZDCAD. OANDA:NZDCAD...