Hello guys. I anticipate that this pair is building a bullish momentum. The price touched a major resistance zone, then bounced. It seems that this zone is weakened and the price will break out of this zone. My entry point is at 0.852, at the zone, after a breakout and retesting the zone. My stop loss is at 0.844, which is way below the current support zone. I...
NZDUSD - 24h expiry Previous support located at 0.6300. Previous resistance located at 0.6325 There is no indication that the selloff is coming to an end. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. We look to Sell at 0.6325 (stop at 0.6355) Our profit targets will be 0.6255 and 0.6250 Resistance: 0.6325 /...
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...
We are potentially seeing a double bottom formation on AUDNZD and considering that price is near 88.6% Fibonacci support, which could be the point when the trend reverses to the upside.
The GBPNZD pair has given us a wonderful buy signal last time we looked at it (January 26) as the analysis below shows, hitting our 2.000 target: The price is now on the 1D MA50 (blue trend-line) and is a critical level as its closing will decide the short-term trend. If this 1D candle closes below it, we will sell and target the 1D MA200 (orange trend-line)...
Trade Idea: Selling NZDCAD Reasoning: Selling into downtrend resistance on the daily chart Entry Level: 0.85014 Take Profit Level: 0.8420 Stop Loss: 0.8542 Risk/Reward: 2/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
with this move usually we can get at least a retrace depending on the move up(if we will have one), I will add also VIX is again at low levels let us see how much we will stay there
Hi viewers, GBPNZD price on zone, in last periods strong bearish trend, currently expecting to se break and new bearish push TP1: 1.97300 (130) TP2: 1.96700 (190) TP3: 1.96300 (230)
NZDCHF H8 TF Possible sell entry looking for potential early bearish momentum
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.636 zone, NZDUSD is trading in a downtrend and currently seems to be approaching the major trend at 0.636 supply and demand area. Trade safe, Joe.
NZDJPY broke and closed above a huge horizontal zone of supply on a daily. The broken structure turned into a demand zone. I will expect a bullish continuation from that zone. Goals: 0.869 / 0.8765 ❤️Please, support my work with like, thank you!❤️
NZDJPY - 24h expiry Previous support located at 85.00. Previous resistance located at 85.50. Price action looks to be forming a top. Short term momentum is bearish. A move through 85.00 will confirm the bearish momentum. We look to Sell a break of 85.28 (stop at 85.78) Our profit targets will be 84.08 and 83.78 Resistance: 85.50 / 85.80 / 86.00 Support:...
The AUDNZD pair got rejected on the 1D MA50 turning the 1D technicals bearish (RSI = 42.793, MACD = -0.002, ADX = 30.864) for the first time in a month. The price got also rejected on the 1D MA200 and the LH trendline on April 21st, which started the current bearish leg. This may give a rise to a Channel Down. We are short, targeting the HL trendline (TP =...
Trade Idea: Selling NZDCAD Reasoning: Selling into downtrend resistance on the daily chart Entry Level: 0.84659 Take Profit Level: 0.8406 Stop Loss: 0.8496 Risk/Reward: 2/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
In my trading strategy, I analyze eight custom currency indexes on the 30-minute time frame to capture short-term market movements. I utilize pivot points, Exponential Moving Averages (EMAs), and various technical analysis techniques to develop a bullish or bearish bias for each currency. By examining the interactions between these indicators and price action, I...
Potential Wave 5 Retracement. Wave 5 looks to be close to being complete. Looking for a retracement or pullback anywhere between 15-50% of the fibonacci retracement. Not advice.
NZDUSD - 24h expiry We expect a reversal in this move. Price action looks to be forming a top. A move through 0.6340 will confirm the bearish momentum. Momentum is flat, highlighting the lack of clear direction. The measured move target is 0.6250. We look to Sell a break of 0.6340 (stop at 0.6370) Our profit targets will be 0.6270 and 0.6250...
Seems Like Has already Bottomed Out & formed descending Channel incase Of breakout expecting 220= Pips bullish Move