welcome everybody ! The next scenario is selling, but be careful of the news and wars currently taking place in the Middle East and in America. #gold
#NZDUSD UPDATE Hi team, hope you are enjoying your trading journey. We are here to update our analysis about NZDUSD. NZDUSD will go down for short term basis, as it reached on its peak point and on its resistance level, we can see a some pips down side. ✍ Stay with traders for learning and earning as well. Enjoy our trading analysis with ease points.
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.61100 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.61100 support and resistance area. Trade safe, Joe.
NZDUSD - 24h expiry The correction lower is assessed as being complete. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 0.6175 will confirm the bullish momentum. The measured move target is 0.6225. We look to Buy at 0.6125 (stop at 0.6097) Our profit targets will be 0.6195 and 0.6215 Resistance:...
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60900 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.60900 support and resistance area. Trade safe, Joe.
This one is a long-term price perspective for NZDUSD. Clearly, the trend is heavily bearish while the current upside move could provide a solid risk/reward selling opportunity.
NZDUSD - 24h expiry Trades at the highest level in 76 days. We are trading at overbought extremes. Trading within a Bearish Ascending Wedge. A Fibonacci confluence area is located at 0.6135. Bespoke resistance is located at 0.6135. We look to Sell at 0.6135 (stop at 0.6167) Our profit targets will be 0.6055 and 0.6035 Resistance: 0.6135 / 0.6143 /...
Hey Traders, in the coming week we are monitoring NZDUSD for a buying opportunity around 0.60400 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.60400 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.59200 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.59200 support and resistance area. Trade safe, Joe.
NZDUSD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 0.6075 will confirm the bullish momentum. The measured move...
NZDUSD is currently approaching a strong intraday/daily horizontal demand cluster. After a CPI release, pay attention to an expanding wedge pattern on a 4H time frame. Its resistance breakout - 4h candle close above - will give you a strong bullish confirmation. A bullish movement will be anticipated at least to 0.5899 Alternatively, a bearish violation of a...
As the DXY strengthened overnight, the NZDUSD traded significantly lower, as the price reversed from the 0.5950 price level, down to 0.59, which coincides with the 50% fib retracement level from the longer term. The NZDUSD looks to be entering into the support area formed by the 50% and 61.8% fib retracement level. Anticipating a continuation in DXY strength,...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
The NZDUSD pair has gone a long way since the previous successful buy signal we gave (see chart below): The Channel Down shifted higher but the price is once again found on its bottom (Lower Lows trend-line) giving us a new high probability buy opportunity. On top of that, it appears to be repeating the May 31 bottom as the RSI is on an identical sequence....
Looking for a further decline is this cross over the week. We have seen continued NZD weakness over the past few days, with no fundamentals of note for this currency in the week. Even though I'm noticing USD slow-down, and a likely retracement due to the over-extended current uptrend, I still think this pair will fall as the USD will remain stronger than the...
NZDUSD - 24h expiry The selloff is close to a correction count on the intraday chart. We expect a reversal in this move. Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. Risk/Reward would be poor to call a buy...