NZD Fundamental bias: Bullish 1. Developments surrounding the global risk outlook. As a high-beta currency, NZD has benefited from the market's improving risk outlook over recent months as participants moved out of safe-havens and into riskier, higher-yielding assets. As a pro-cyclical currency, the NZD enjoyed upside alongside other cyclical assets going...
Hello,Traders! AUD-NZD is trading in downtrend But the pair has reached a horizontal key level And the pair bounced off it two times However, a bearish breakout just happened Which makes a further move down probable Thus, a short trade is appropriate But we need to wait for the 4H candle to close below the level To make sure the breakout is confirmed And...
🏛NZD_CHF has retested the resistance line Of the massive falling channel pattern In which the pair has been trading for the past 6 months now I think that we will see a move down With the target being the horizontal support below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hey traders, During the morning talk with my students, we discussed AUDNZD. The pair is currently ranging. 1.061 - 1.062 is the resistance. 1.054 - 1.055 is the support. To clarify the future direction of the market, wait for a breakout of one of its boundaries. In case of a bearish breakout, I will expect a fall to 1.05 In case of a bullish breakout, a...
Hello,Traders! NZD-USD is trading in a falling wedge Just as I pointed out in my previous analysis Now, if one takes a look at the lower timeframe One can see a rising bear wedge pattern Right below the falling resistance Thus, we are waiting for the breakout And then we can short the pair Sell! Like, comment and subscribe to boost your trading! See...
🏛NZD_USD is trading below a falling resistance And the pair has formed a bear wedge on 1H timeframe Therefore, we are bearish on the NZD_USD And IF we see a breakout of the wedge to the downside I think that the pair will go down To retest the horizontal key level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-CHF is trading in a falling resistance And the price is climbing to to retest the channel resistance The pair is trading in a rising channel on the lower timeframes Thus, after the retest, IF we see a breakout to the downside We will see a bearish move down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! NZD-USD is trading in a weird wedge Just as many pairs right now And the price will soon retest the resistance line So, it is reasonable to expect a bearish reaction But wait for the confirmation to enter a trade! Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! NZD-CAD was trading in a local falling wedge And now we are seeing a bullish breakout After the pair retested the rising support Which makes me bullish and I think the pair will go up Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! AUD-NZD is trading below a falling resistance line While moving in a chain of rising channels That eventually break doweards It looks like the pair is destined to retest the support level below And I think that AUD-NZD might arrive at parity by 2024 Swing Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
🏛GBP_NZD is trading in a rising channel And the pair is retesting rising support That confluences with the local horizontal level Thus,I am bullish and I am expecting a move up So that the pair retest the resistance above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
🏛NZD_CHF is trading in a falling channel That is also a bullish flag pattern But until we see a breakout to the upside I will remain bearish on the pair And the nearest target I see is the key support level That is about 3% below the current price SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-USD seems to have broken a support level And while I am skeptical of the breakouts lately Due to their poor performance A bearish move is still possible on NZD-USD Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
🏛EUR_NZD is trading in a falling channel And has formed a bear flag pattern inside the channel Making the pair double bearish And now the price is retesting the falling resistance From where I am expecting a bearish reaction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-JPY is falling in a downtrend And I am overall bearish on the pair But the price has hit a daily support level From where I am expecting a pullback Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! NZD-CAD has entered a bullish phase After breaking a falling resistance line But the horizontal resistance is nearby And I think that after a retest we will see a local pullback Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
NZDCAD is trading within a wide horizontal trading range on a daily time frame. This night its resistance was reached. 0.884 - 0.887 is our potential reversal zone. To catch a bearish move from that, follow a rising parallel channel on 1H. Wait for its bearish breakout as a confirmation. First goal will be 0.877. Stop will be above the last high within the...
✅NZD_JPY is trading in a bear trend After breaking out of the rising channel The pair is mid way towards a strong daily support Therefore,I believe bearish trend will continue Until the pair hits the daily support SHORT🔥 ✅Like and subscribe to never miss a new idea!✅