Good morning traders. I a long NZDCHF at market SL: 0.5372 TP: 0.5587 I am only sharing my trades, not a recommendation to enter the market
Please, check our technical outlook for GBPNZD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 2.105. Taking into consideration the structure & trend analysis, I believe that the market will reach 2.116 level soon. P.S Please, note that an...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59800 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59800 support and resistance area. Trade safe, Joe.
Price is falling towards an overlap support and could bounce from this level to our take profit Entry: 2.10607 Why we like it: There is an overlap support level which aligns with the 23.6% Fibonacci retracement Stop loss: 2.09344 Why we like it: There is an overlap support level Take profit: 2.12203 Why we like it: There is an alignment with the 78.6% Fibonacci...
Hello,Traders! GBP-NZD is trading in an Uptrend along the rising Support line and we are Seeing a bullish rebound From the support cluster Of the rising and horizontal Support lines around 2.1047 So we are bullish biased And we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
NZDJPY - 24h expiry The primary trend remains bearish. The sequence for trading is lower lows and highs. Rallies should be capped by yesterday's high. Preferred trade is to sell into rallies. Bespoke resistance is located at 90.60. We look to Sell at 90.60 (stop at 90.84) Our profit targets will be 90.00 and 89.85 Resistance: 90.60 / 90.80 /...
MTM has printed a 30m buy signal. The price has retraced to sell signal candle open and demand zone formed at this price. We should get a nice bounce off this area to the previous swing high/supply zone (4h).
EURNZD - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. An Evening Doji Star formation has been posted at the high. A break of bespoke support at 1.8000, and the move lower is already underway. Daily signals for sentiment are at overbought extremes. A higher correction is expected. We look...
Here is our detailed technical review for NZDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.807. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.804...
Yesterday, we spotted a confirmed violation of a key daily support on NZDCAD. After a retest of a broken structure, the pair formed a nice intraday bearish confirmation. I spotted a horizontal range on a 4H time frame with a breakout of its support. Such a violation increases the probabilities that the market will keep falling. Goal - 0.805 ❤️Please,...
The NZDJPY pair is on a Bearish Leg of the long-term Channel Up, below the 1D MA50 (blue trend-line) but above the 1D MA200 (orange trend-line), which is the long-term support. In fact the latter has been holding since June 02 2023. The minimum Bearish Leg decline within this pattern has been -3.77% so having almost completed this fall during the current...
On higher time frames we can identify which direction we're currently in. I'm entering due to market structure shift and change of character on our lower time frame (5 min). Around 90.577 there is liquidity which will be a target at some point and a supply zone. My entry @90.220, TP @90.577. Good luck!
✅NZD_JPY will soon hit A long-term rising support line While trading in an uptrend So we are bullish biased And we will be expecting A bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
NZDUSD - 24h expiry There is no clear indication that the downward move is coming to an end. Further downside is expected. Short term RSI has turned negative. A move through 0.5925 will confirm the bearish momentum. The measured move target is 0.5890. We look to Sell at 0.5960 (stop at 0.5984) Our profit targets will be 0.5900 and 0.5890 Resistance:...
My dear subscribers, GBPNZD looks like it will make a good move, and here are the details: The market is trading on 2.1115 pivot level. Bias - Bearish My Stop Loss - 2.1179 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2.1011 About Used Indicators: The average true range ATR plays an important...
Bearish Trend which is respecting the trend line. Looking to take trade at 0.38 Fib Level.
Hello,Friends! GBP/NZD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2.079 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Take a look at our analysis for GBPNZD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 2.109. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2.115 level. P.S Please, note that an oversold/overbought...