We are seeing that price has tested a key resistance which is overlap resistance.
Entry: 0.6253
Why we like it:
There is an overlap resistance which lines up with the 38.2% Fibonacci retracement
Stop Loss: O.6317
Why we like it:
There is a swing-high resistance which lines up with a 50% Fibonacci retracement
Take Profit: 0.6141
Why we like it:
There is a...
Looking at the H4 chart, my overall bias for NZDUSD is bearish, as the current price is below the Ichimoku Cloud, and the ascending trend line has been broken, indicating a change in market structure. Expecting the price to go down, looking for pullback sell entry at 0.62767 where the 23.6% Fibonacci line is, take profit at 0.60053 where the 50% Fibonacci line is,...
Looking at the H4 chart, we can see that the 1st support is at 0.64102 which is overlap support that is in line with the 50% Fibonacci line. If the price breaks this level, we could see it drop to 2nd support is down at 0.63355. As the current price is above the Ichimoku cloud and there is an ascending trend line, which suggests bullish momentum.
For the...
Hi dears
It seems that with the trend line broken, we should see the New Zealand dollar fall in the coming days. The area we are in is a very low risk area for sale. You can use the lower trigger time frame to enter.
Australian Dollar Analysis I put it in detail in my analysis. Take a look at it, it might be useful for you.
🙏If you have an idea that helps me...
There was a lot of action during the US session. Asian sessions will give signals on where the market will be headed. My Technicals combined with fundamentals.
Hello Traders, here is the full analysis for this pair, I suggest you keep this pair on your watch-list and see if the rules of your strategy are satisfied.
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Traders, NZDUSD has been pushing higher and now it has started to show signs of rejection. But as we are reaching end of the year and the DXY has been pushing down, we need to wait for extra confirmation to take a short on this. I am watching these levels (blue horizontal lines) as my important levels.
Always think risk before profit.
✅ Follow me for future...
XAUUSD is breaked the main support level. Now it has Maximum Chances that it will touch the Price level 1860. Keep in touch i will update further time to time.
We Sent this trade few minutes ago now this is in deep profit. Always trade with confidence.
NZDUSD SELL @0.66400
TP1 @0.66200
TP2 @0.65900
TP3 @0.65400
SL @0.66900
Note:- Us exact entry or below this level.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
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💡 NZDUSD technicaly based idea, we can see price is bounce from bottom trend line, candels formation is strong...
Middle wave B Is 3 3 3 Flat combination
I Will End Up on Weekly Chart As this ::::
WXY Where X it self = abc
Another WXY = 2nd Flat With X = abc
Another WXY = 3rd Flat it Z wave
Total Combined = (A Flat ) X (Flat) Y (Flat) Z = B Complete
I am long on Weekly Chart From 0.6800 Level till Z wave 0.76000
Wish all of you marry XMas ,,Happy Holiday...
