EURNZD support --> resistance retest! Let me know what you think!
Please, check our technical outlook for NZDCHF. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.541. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.538 level. P.S We...
📉 Overview: GBPNZD is currently in a robust bearish trend, offering traders an immediate entry opportunity. Our analysis, grounded in DOW Theory, underscores the strength of the downward movement. 📊 Technical Analysis: DOW Theory principles highlight a consistent pattern of lower lows and lower highs, affirming the prevailing bearish trajectory. 📈 RSI...
Hello TradingView Family / Fellow Traders, 📈 GBPNZD has been overall bearish, trading inside the falling channel in red and it is currently approaching the lower red trendline. Moreover, the zone 1.985 is a robust demand zone. 🎯 Therefore , the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the...
✅NZD_JPY has retested a key support level of 89.400 And as the pair is already making a bullish rebound A move up to retest the supply level above at 90.059 is likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The NZDJPY pair is trading within a Channel Up pattern using the 1D MA50 (blue trend-line) as a pivot point as of late. We can see a diverging (dotted) Channel Up that has priced the recent Higher Highs as well as being supported by the 1D MA200 (orange trend-line). The 1D RSI has rebounded on the 39.90 Support level, which is where the last two Higher Lows has...
The price of NZDJPY could continue with the downtrend and breakout of the sell entry and reverse to the take profit level. Sell entry is at 90.081 which is an overlap support. Stop loss is at 90.416, which is an overlap resistance. Take profit is at 89.215, which is the overlap support that aligns with the 0.618 Fibonacci projection level. High Risk...
Strong demand zone + bullish engulfing candle + price above moving average 200
Here is our detailed technical review for NZDJPY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 89.663. The above observations make me that the market will inevitably achieve 91.001 level. P.S Overbought describes a period of time where there has...
Hey Traders, in tomorrow's trading session we are monitoring GBPNZD for a selling opportunity around 2.02000 zone, GBPNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2.0200 support and resistance area. Trade safe, Joe.
Hello TradingView Family / Fellow Traders, 📈 EURNZD has been overall bearish, trading inside the falling channel in red and it is currently approaching the lower red trendline. Moreover, the zone 1.73 is a robust support level. 🎯 Therefore , the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the...
NZDJPY was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target...
Hello,Traders! NZD-JPY is already making A rebound from the horizontal Support level of 89.31 So I believe we will See a further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in this week we are monitoring NZDUSD for a buying opportunity around 0.62600 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.62600 support and resistance area. Trade safe, Joe.
NZDJPY showcases a compelling Bullish Trendline on the Weekly chart, indicating a bullish trajectory. Zooming into the Daily Chart, I've spotted a potential Bullish Shark Pattern awaiting completion at 87.33. This presents a promising combo trade opportunity, aligning with the long-term bullish trend indicated by the Weekly chart. What are your insights or trade...
So this is a two step trade setup. First I need PA to drop and close below the 23.6 level Then I need a pullback roughly 50% of the bearish candle. If that materializes, I would then go short. Otherwise... no thanks. On to the next That's it - That's all Trade Safe
gbpnzd seller taking chances after lq has been taken and retested giving us a strong resistance zone as price drifting a drop for a support/sell side lq
Hello,Friends! Bullish trend on GBP/NZD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 2.042. ✅LIKE AND COMMENT MY IDEAS✅