Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.62700 zone, NZDUSD is trading in a downtrend and no seems to be in a correction phase in which it is approaching the major trend around 0.627 resistance zone. I would like to consider some potential dollar longs due to the recent Fed Waller hawkish comments about...
An Anticipatory Analysis of Price Action (5) TP3 @ 0.7100 (close trade) (4) TP2 @ 0.6700 (shave 25%) (3) TP1 @ 0.6450 (shave 25%) (2) BSO @ 0.6225 📈⏳ (1) BLO @ 0.6105 📈⏳ ADDITIONAL INFO: 1️⃣ If the PA (Price Action) PB (pulls back) during the NZD News on Wednesday evening, we should be able to capture the UT (uptrend) with this Buy Limit Order 2️⃣However, if PA...
After price swept liquidity at the top, it broke structure to the downside with momentum. Price then formed an an ascending channel liquidity of which it cleared above it and preceded to break structure to the downside. Price is currently in an established POI and is possibly looking to drop to take out the rest of the liquidity at the bottom of the ascending channel.
NZDCAD is taking off from a key daily structure support. The price formed an inverted head & shoulders pattern, testing that. It neckline was broken this morning. I expect a bullish continuation on the pair. Goal - 0.8323 ❤️Please, support my work with like, thank you!❤️
NZDJPY - 24h expiry - We look to Buy at 82.25 (stop at 81.75) Previous support located at 82.50. Previous resistance located at 83.25. Indecisive price action has resulted in sideways congestion on the daily chart. Risk/Reward would be poor to call a buy from current levels. A move through 83.25 will confirm the bullish momentum. Our profit targets will be...
Hey Traders, NZDUSD is trading in an uptrend and now seems to be attempting to break it out after hawkish comment from Fed Waller, If we get dips below 0.61800 i will be watching a potential retrace of the trend from 0.62 support and resistance zone. Trade safe, Joe.
Toward the end of last week, the AUDNZD retraced from the resistance level of 1.0810 to trade down to the 1.0740 price level which coincided with the upward trend line and was within the area of the 38.2% Fibonacci retracement level. The price bounced from the trendline and has now broken above the resistance level as the AUDUSD and NZDUSD weakened on...
NZDCHF is currently in a major ABC correction. We're in wave B and looking to catch Wave C. Trade Idea: - Watch for lower timeframe reversal through trendline break, BOS etc - Enter with stops below the breakout lows - Targets: 0.584 (300pips), 0.604 (500pips)) Goodluck and as always, trade safe!
Hey Traders, in tomorrow's trading session we are monitoring NZDCAD for a buying opportunity around 0.825 zone, NZDCAD was trading in a downtrend and then successfully managed to break it out and seems to be now in a correction phase in which it is approaching the retrace area. Once bulls are confirmed i would consider 0.85 as a target as it's considered the next...
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✨ LONG-TERM SWING ✨ SLO @ 0.9733 SSO @ 0.9360 TP1 @ 0.8650 (shave 25%) TP2 @ 0.8050 (shave 25%) TP3 @ 0.7600 (shave 25%) TP4 @ 0.6915 (close trade) BSO @ 0.6740 BLO @ 0.6340
The NZD has pulled back to the POC and the 100 SMA after a previous rise that confirmed Hidden Bullish Divergence, if the NZD can continue to hold above the current level we will continue the Hidden Bullish Divergence and likely go for a Bullish BAMM type of Movement to the 0.886 or Higher
Hey Graders, A bull flag pattern has emerged around the 1.073 level, if we get a decent breakout i will look for a potential retrace towards the upsides as the Reserve Bank of New Zealand seems to be almost in the end of a rate hike period. Trade safe, Joe.
NZDUSD on the 4h chart after the test of the 0.63750 area retraced to the 0.618 fibonacci level over a support zone. The price from there started an impulse to the 0.63200 area and is currently testing a 4h resistance. How can i approach this scenario? I will wait for a potential break of the area and if that happen i will monitor the market for a nice long...
NZDJPY has found support at the Fibonacci level, which increases the probability of the bullish domination. Overal, NZDJPY might experience a relatively fast price increase.
NZDUSD - 24h expiry - We look to Sell a break of 0.6269 (stop at 0.6297) Previous support located at 0.6270. Previous resistance located at 0.6300. The move higher is mixed and volatile, common in corrective sequences. We expect a reversal in this move. A move through 0.6270 will confirm the bearish momentum. Our profit targets will be 0.6201 and...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. NZDCHF is overall bearish trading inside the falling broadening wedge in brown and previously we have been looking for trend-following sell setups around the upper brown trendline. Now NZDCHF is approaching the lower brown trendline. Moreover, the zone 0.55 is a strong...
Looking for the NZDUSD to break above the interim resistance level and to trade toward the key resistance level of 0.6290 (or 0.63) This move higher would be a continuation of the rebound from the support level of 0.6170, driven by the weakness of the DXY.