Hey Traders, Today, we are closely monitoring the NZDUSD currency pair for a potential selling opportunity around the 0.61900 zone. Previously, NZDUSD had been experiencing an uptrend but has recently broken out of that trend. Currently, it is in a correction phase and approaching the 0.61900 support and resistance zone. It is worth noting that an important event...
NZDUSD - 24h expiry - We look to Sell a break of 0.6145 (stop at 0.6175) Previous support located at 0.6150. Previous resistance located at 0.6180. Trading within the Channel formation. We look for price action to stay within the channel formation today. Our expectation now is for this swing lower to continue towards the bottom of the trend channel, to...
AUDNZD, is currently trading at resistance. A sell confirmation will be the signal we need to short this pair.
We're seeing big resistance at 0.6182 which is a pullback resistance + 50% Fibonacci retracement and a 61.8% Fiboancci retracement. A reversal from here could see prices drop to 0.6149 which is our intermediate support - breaking that level could see a further bearish acceleration down to 0.6119. Please be advised that the information presented on TradingView is...
Price broke multiple structure to the downside, leaving behind a lot of inducement that it's looking to take before it continues with its bearish flow.
GBPNZD - 24h expiry - We look to Buy at 2.0415 (stop at 2.0365) Previous support located at 2.0400. Previous resistance located at 2.0500. Price continues to trade within the triangle formation. We expect a reversal in this move. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending....
NZDJPY - 24h expiry Previous support located at 85.25. Previous resistance located at 85.50. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. A move through 85.50 will confirm the bullish momentum. We look to Buy at 85.00 (stop at 84.60) Our profit targets will be 86.00 and 86.20 Resistance: 85.50 / 86.00 /...
NZDUSD had a very bullish market opening. Even though, we see a correctional movement on intraday time frames, Daily time frame still remain very bullish. Before the FOMC the pair will most likely manage to reach 0.618 level. Please, support my work with like!
Quick update for NZDUSD. In my yesterday's video, I spotted a confirmed structure breakout on a daily time frame. I made a prediction that the broken structure would turn into support. Analyzing, how the market acts during the London session opening, we see a positive bullish reaction to the underlined area. The pair will most likely keep growing to 0.618 ...
EURNZD - 24h expiry Our short term bias remains positive. The lack of interest is a concern for bears. A move through 1.7525 will confirm the bearish momentum. The bias is to break to the downside. We look for losses to be extended today. We look to Sell a break of 1.7524 (stop at 1.7584) Our profit targets will be 1.7374 and 1.7354 Resistance: 1.7575 /...
SSO @ 85.15 ⏳ TP1 @ 83.66 (shaving 50%) TP2 @ 82.33 (closing ALL Buy Orders) BLO1 @ 82.00 ⏳ BLO2 @ 81.25 ⏳ ⚠️ This is a Counter-Trend Trade (CTT). Your position size should be 2% or less, with a Stop Loss at 2% or less — or whatever fits your trading strategy.
SLO @ 88.50 TP1 @ 82.85 (shaving 25%) TP2 @ 78.00 (shaving 25%) TP3 @ 74.50 (shaving 25%) TP4 @ 69.00 (closing ALL Sell Orders)
This is my prediction for NZD JPY, in the short term I'm waiting for a pullback then I expect the price to jump. Let's see how the market reacts in the upcoming days. Trade carefully! Remember: Take some profits if the trade is going as planned and manage your trade.
Hey Traders, in the coming week we are monitoring AUDNZD for a buying opportunity around 1.09700 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.097 support zone, additionally AUDNZD have formed a bull flag in lower timeframe so we will be considering a potential breakout of the pattern. Trade...
NZDUSD was testing a wide horizontal daily supply area this week. After multiple attempts, bulls managed to break it. It may push the price higher. The next resistance - 0.618 ❤️Please, support my work with like, thank you!❤️
NZDUSD is trading inside a Channel Down for the whole year and today completed a 1day MACD Bullish Cross. A cross over the 1W MA50 is the final validation of this buy structure. Buy and target at least the 0.618 Fibonacci level at 0.62325. Follow us, like the idea and leave a comment below!!
EURNZD - Intraday Daily signals are bullish. Bespoke support is located at 1.7600. A Morning Doji Star formation has been posted at the low. The bullish engulfing candle on the daily chart is positive for sentiment. We look to buy dips. We look to Buy at 1.7575 (stop at 1.7525) Our profit targets will be 1.7695 and 1.7725 Resistance: 1.7705 / 1.7736 /...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61150 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching an important supply area of 0.61150 zone, i would also keep an eye on the stock market to confirm the bias as NZDUSD does correlate in a positive way with...