Hello Traders ! The AUDNZD failed to create a new lower low ! The Lower high is broken (change of character). So, I predict a bullish move🚀 ____________ TARGET: 1.09345🎯
Hello Traders ! On Monday 17 June, The NZDUSD price reached a strong support level (0.60888 - 0.61044). Currently, The price broke the lower high (Change of Character). So, I expect a bullish move📈 ___________ TARGET: 0.61800🎯
NZDUSD – Technical Overview The overall pressure remains on the downside, with the market stalling on attempts to move up into the 0.6500 area. However, there are indications that the market may be attempting to establish a longer-term base. To alleviate medium-term downward pressure and support this prospect, a break back above 0.6500 is necessary. A monthly...
NZDUSD recently displaced to the downside but quickly made a recovery and displaced above the swing of the recent drop. There was buyside liquidity in the form of equal highs that were swept, but the candle bodies seem to be respecting the bearish Orderblock. I am anticipating price now return to a discount, taking out the sellside liquidity below, into a weekly...
The GBPNZD pair recently made a Bearish Break-out as it broke below the Channel Up and the 1D MA200 (orange trend-line), introducing a new Channel Down pattern. On Monday we saw the latest rejection on the 1D MA50 (blue trend-line), which has been holding as Resistance since May 03. As long as it holds, we expect the new Bearish Leg to start. The previous one...
Hello Traders ! Previously, The EURNZD formed a bearish rising wedge. At the moment, The Support level (1.77076 - 1.76273) is broken. The support becomes a new resistance level ! So, I predict a bearish move📉 -------------- TARGET: 1.74700🎯
Well, as you can see, the price hit the daily bullish FVG in deep discount and cleared the sell-side liquidity. Here in the hourly chart, we know the market structure shifted and we are bullish now. Now we are on the buy side of the curve so we expect the price to stay above the key level and respect the bullish PD Arrays, like Order block and FVG that you can...
By checking the hourly NZDCAD chart we can figure out that the bearish scenario is high probability. the price cleared the liquidity above the daily candle and then shifted the market structure and also had a bearish reaction to the bearish order block. Now, we can see the sell side liquidity which formed as equal lows, trend line liquidity, and daily FVG which...
Pair: GBPNZD Action: Buy RRR: 1:6 SL: 2.06221 TP: 2.09800 Indicators: EMA200: The EMA200 serves as a critical indicator of the long-term trend direction. MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend. Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the...
Pair: GBPNZD Action: Buy RRR: 1:6 SL: 2.06221 TP: 2.09800 Indicators: EMA200: The EMA200 serves as a critical indicator of the long-term trend direction. MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend. Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the...
Pair: NZDUSD Action: Sell RRR: 1:6 SL: 0.62053 TP: 0.60339 Indicators: EMA200: The EMA200 serves as a critical indicator of the long-term trend direction. MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend. Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the...
Hello Traders ! The NZDCHF price failed to create a new higher high ! The higher low is broken (Change of Character). The support line is broken! So, I expect a bearish move📉 ---------------- TARGET: 0.55120🎯
Hey Traders ! On Tuesday 16 April, The NZDUSD Reached a Support Level (0.58774 - 0.58590). Yesterday, The Price Broke The Resistance Level (0.60830 - 0.60598). The Resistance Line is Also Broken. So, I Expect a Bullish Move 📈. ---------------- TARGET: 0.61750🎯
The AUDNZD pair is currently consolidating exactly on the 1D MA200 (orange trend-line) following the May 07 rejection near Resistance 1, which resulted in a strong sell-off. We expect this sell-off to extend at least as low as the 0.618 Fibonacci retracement level (blue) and then rebound towards the Symmetrical Resistance Zone, approximately on the upward 0.618...
The NZDJPY pair is trading on the 4th straight green 1W candle and is approaching the top (Higher Highs trend-line) of the Channel Up pattern that started on November 2020. Even though it may extend to a +9.30% rise (the smallest long-term it had within the pattern), selling now offers excellent Risk/ Reward conditions. Our target is 92.000 (Higher Lows...
Hi Traders ! The EURNZD Failed To Create a New Higher High ! The Price Formed a Rising Wedge Pattern. The Support Line is Broken! So, I Predict a Bearish Move 📉 -------------- TARGET: 1.77090🎯
The rebound we expected on NZDUSD came a little later than we expected two months ago (March 22, see chart below) but nonetheless it is being delivered now and the price is now very close to our medium-term target: Since we observe though a shift on the Lower Highs trend-line of the long-term Channel Down, we decide to push the Target higher to 0.62600, which...
EURNZD has a very nice potential to drop lower. After a consolidation within a narrow range, the price violated a solid horizontal support cluster on a daily. The next support that I see is 1.771 It can be the next goal for the sellers. ❤️Please, support my work with like, thank you!❤️