Hello Traders, In the coming week, we are closely monitoring NZD/CAD for a potential buying opportunity around the 0.84090 zone. NZD/CAD is currently trading in an uptrend and is undergoing a correction phase, bringing it closer to the key support and resistance area at 0.84090. This level has historically served as a significant pivot point for price action,...
My dear friends, Please, find my technical outlook for NZDCHF below: The instrument tests an important psychological level 0.5459 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.5514 Recommended Stop Loss - 0.5427 About Used...
NZDCAD price has sky rocketed due #cad bearish movement, we expect price to make a strong correction as we may see strong bullish price movement taking price to new level at 0.88. Please use your own analysis and knowledge before taking this idea. We wish you good luck trading next week. **If you like our idea then like and comment the idea, also follow us which...
Hello Traders, In the upcoming week, we are closely monitoring AUD/NZD for a potential selling opportunity around the 1.08200 zone. AUD/NZD is currently trading in a downtrend and is undergoing a correction phase, approaching the key support and resistance area at 1.08200. This level has historically acted as a significant pivot point for price action, making it...
NZD/CAD currency pair, specifically looking to enter around the 0.84630 level after a correction from an overbought (OB) area. Here are a few points to consider based on your statement: Correction from Overbought Area: If the price is currently in an overbought condition, it may indicate that a correction or pullback is likely. Traders often look for these...
EURNZD - Intraday Our short term bias remains negative. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Offers ample risk/reward to sell at the market. There is no clear indication that the downward move is coming to an end. 20 4hour EMA is at 1.7483. We look to Sell at 1.7482...
Hello Traders, In today's trading session, we are closely monitoring NZD/USD for a potential buying opportunity around the 0.61500 zone. Currently, NZD/USD is trading in an uptrend and is undergoing a correction phase. This correction is bringing the pair closer to the key support and resistance area at 0.61500, a level that has historically acted as a...
NZDJPY Analysis - Selling Opportunity Open: 96.515 SL: 98.00 TP: 85.00
My dear friends, Please, find my technical outlook for NZDCHF below: The instrument tests an important psychological level 0.5534 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.5506 About Used Indicators: Super-trend indicator is...
The NZD/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry : Consider entering a short position around the current price of 96.70, positioned close to the breakout level....
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. I find the long tailing candles of the last 2 weeks disturbing....but still bearish on this cross..watching for short opportunities! Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt...
Analysis for the GBPNZD currency pair. Let's break down your analysis step by step: Expected Downward Movement to OB Area (2.04610 - 2.04140): You anticipate that the price of GBPNZD will decrease to a range between 2.04610 and 2.04140. This is often referred to as the "Order Block" (OB) area in technical analysis, where buying interest is expected to come...
To provide a detailed analysis and trading strategy for NZD/CHF moving towards daily support: Analysis Current Market Context: NZD/CHF is approaching a significant support zone on the daily chart. Support Range: 0.54324 to 0.54150. Stop-Loss: Recommended to place the stop-loss slightly below the support to avoid premature exit due to potential price...
NZDUSD β 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...
NZDJPY - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell NZDJPY Entry - 97.104 Stop - 97.512 Take - 96.391 Our Risk - 1% Start protection of your profits from lower levels β€οΈ Please, support our work with like & comment! β€οΈ
H4 - Bullish trend pattern Currently it looks like a pullback is happening Until the strong support zone holds my short term view remains bullish here.
NZDJPY broke and closed above a key daily structure resistance. After a breakout, the market started to consolidate within a narrow range on a 4h time frame. A retest of a broken structure triggered an impulsive bullish movement and a violation of a resistance of the range. It gives us a strong bullish confirmation. I think that the pair will reach 97.5...
Here is our detailed technical review for NZDJPY. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 96.950. Taking into consideration the structure & trend analysis, I believe that the market will reach 97.390 level soon. P.S We determine oversold/overbought...