Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.85300 zone, NZDCAD is trading in a downtrend and currently in a correction phase in which it is approaching the major trend at 0.85300 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.62400 zone, in above chart we have a break out of NZDUSD trend due to USD strength over commodities, currently we will be watching a potential retrace of the trend from 0.62400 resistance. Trade safe, Joe.
EURNZD - 24h expiry Our short-term bias remains negative. The lack of interest is a concern for bulls. Previous resistance is located at 1.7440. We look for a temporary move higher. 50 4-hour EMA is at 1.7420. We look to Sell at 1.7447 (stop at 1.7517) Our profit targets will be 1.7267 and 1.7227 Resistance: 1.7350 / 1.7400 / 1.7440 Support: 1.7305 /...
this is a swing trade in 30min chart. NZD/CHF is having a bullish momentum. I'm expecting to reach 0.566 before it moves down. BE careful this trade. Don't over leverage.
NZDUSD - 24h expiry Previous support located at 0.6225. Previous resistance located at 0.6250. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 0.6250 will confirm the bullish momentum. We look to Buy at 0.6190 (stop at 0.6160) Our profit targets will be 0.6265 and 0.6285 Resistance:...
EURNZD reached a key daily structure resistance on Friday. Testing the underlined yellow area, the price formed a head & shoulders pattern on 1H time frame. Its neckline was broken during the NY session yesterday. I expect a bearish continuation to 1.735 / 1.725 For entries, consider an occasional retest of a broken neckline. ❤️Please, support my work with...
GBPNZD is rebounding on the 1D MA50, at the bottom of the thee month Rising Megaphone pattern. That is a bullish signal, which is further empowered by the neutral 1D technicals (RSI = 53.906, MACD = 0.003, ADX = 31.776) and the fact that the 0.382 Fibonacci level is holding. As long as the price trades inside the Megaphone, we will be long, targeting the 2.0...
TP3 @ 0.7060 TP2 @ 0.6700 TP1 @ 0.6533 BSO @ 0.6300 ⏳ BLO @ 0.6155 ⏳ 00:00 Boost, Follow, Comment, Join 00:58 US Dollar Index Analysis 01:44 NZDUSD Curve Analysis 02:22 Entries and Targets 02:54 Sell Order (Pending)
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.626 zone, NZDUSD is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.626 support and resistance zone. Trade safe, Joe.
As we can clearly see, price is in a bearish phase. It first gave us a reaction of a higher timeframe demand which eventually failed. Price then retraced back up, forming liquidity just below our 1h POI that was left behind when price rallied. This has now provided us an opportunity to catch the rest of the move to the downside through a flip entry that has been...
Hello Traders NZD dropped hard in the last days of last week. Overall view of AUD/NZD is still bearish but last week's candle changed the situation at least for the short term. We expect AUD will catch this opportunity and relive some of its losses VS NZD (a short correction), otherwise, the price will continue moving downward. Also, some indicators(stochastic)...
Hey Traders, in tomorrow's trading session we are monitoring NZDUSD for a selling opportunity around 0.62100 zone, NZDUSD was trading in an uptrend and successfully managed to break it out. Currently we are waiting for a correction to see a potential retrace of the trend from 0.62100 support and resistance zone. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring NZDJPY for a selling opportunity around 84.200 zone, NZDJPY was trading in an uptrend and successfully managed to break it out, currently NZDJPY seems to be in a correction phase in which it is approaching the retrace area at 84.2 support and resistance zone. Trade safe, Joe.
There is a significant buying opportunity on the NZD/USD currency pair at the price level of 0.61800. Traders may view this as a favorable entry point to go long on NZD/USD, anticipating a potential upward price movement from this level. However, it is important to conduct a thorough analysis and consider other factors, such as market conditions and risk...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.62 zone, NZDUSD was trading in an uptrend and currently seems to be attempting to break it out with a current bullish DXY, if we get any dips below the support we would be looking for a potential retrace of the breakout from 0.62 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.842 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. Currently we are waiting for a correction to see a potential retrace from 0.842 support and resistance zone. i would also keep an eye on the indices to confirm the bias as NZDCAD...
An extended period of U.S. dollar depreciation is approaching. The greenback could be relatively stable in the near term, as some additional Fed tightening combined with the potential for mildly unsettled markets could provide temporary support for the greenback. However, we expect the U.S. currency to come under pressure as aggressive Fed easing starts in...