Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.615 zone, NZDUSD is trading in an uptrend and now seems to be in a correction phase in which it is approaching the major trend at 0.61500 support levels. We would also keep an eye on today's CPI if does come soft that should trigger USD weakness otherwise our plan on...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. NZDCAD is overall bearish trading inside the falling channel in orange and previously we have been trading it by looking for sell setups around the upper trendline and buy setups around the lower trendline. Now NZDCAD is approaching the lower orange trendline...
EURNZD - 24h expiry - We look to Sell a break of 1.7598 (stop at 1.7648) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. A higher correction is expected. A break of the recent low at 1.7606 should result in a further move lower. Bearish divergence is expected to cap...
EURNZD broke and closed above a major horizontal supply cluster. The broken structure turned into a key support now. I believe that bulls will keep pushing the pair higher. Next goal - 1.7937 ❤️Please, support my work with like, thank you!❤️
NZDUSD - 24h expiry - We look to Sell at 0.6240 (stop at 0.6270) Previous support located at 0.6200. Previous resistance located at 0.6225. The trend of higher intraday lows has also been broken. Risk/Reward would be poor to call a sell from current levels. Further downside is expected. Our profit targets will be 0.6175 and 0.6150 Resistance: 0.6225 /...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for NZDCAD . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
NZDJPY - 24h expiry - We look to Buy at 82.25 (stop at 81.75) Previous support located at 82.50. Previous resistance located at 83.00. Price action has stalled at good support levels and currently trades just above here (82.25). The correction lower is assessed as being complete. Further upside is expected. Our profit targets will be 83.45 and 83.50...
NZDUSD is currently in major wave 2, which appears to be a WXY wave. Wave W was a Flat correction and Wave X was a simple ABC correction. We are now in wave Y and expecting a 535 zigzag. We are currently seeing the first 5 wave move lower and expecting a 3 wave pullback before seeing another 5 wave move lower. Trade Idea: - Watch for a 3 wave pullback...
Price action analysis on NZDUSD. Key levels. Trend analysis. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
Hey Traders, in tomorrow's trading session we are monitoring NZDUSD for a buying opportunity around 0.61800. NZDUSD is trading in an uptrend and now seems to be in a correction phase in which it is approaching at 0.618 support and resistance zone. Concerning the Dollar the recent US data signals a cut of rate hike from the Federal reserve so we will keep in the...
After a strong bearish rally, AUDNZD retraced to a key horizontal resistance. The price was steadily growing within a rising parallel channel. One the underlined area was reached, the pair broke and closed below a support of the channel. Probabilities will be high that a bearish movement will resume now. Goals will be 1.0632 / 1.0593 ❤️Please, support my...
EURNZD - 24h expiry - Price action has posted a Doji candle and signals a possible reversal of the recent trend. Expect trading to remain mixed and volatile. 1.7492 has been pivotal. A higher correction is expected. We look for a temporary move higher. We look to Sell at 1.7488 (stop at 1.7538) Our profit targets will be 1.7368 and 1.7348 Resistance:...
NZDJPY - 24h expiry - We look to Buy at 82.00 (stop at 81.40) Previous support located at 82.00. Previous resistance located at 83.00. With signals for sentiment at oversold extremes, the dip could not be extended. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 83.20 and 83.50...
The AUDNZD pair is technically bearish on the 1D timeframe (RSI = 42.033, MACD = -0.005, ADX = 29.502), trading under the P1 Zone, which has been in place since 2021. It is under both the 1D MA50 and 1D MA200 and it targeting the HL trendline (TP = 1.05300). If the dashed LH trendline breaks, we will buy aiming at R1 (TP = 1.10800). ## If you like our free...
Hey Traders, NZDUSD is trading in an ascending channel and now seems to be in a correction phase in which it is approaching the channel support around 0.62400 zone. if Bulls are confirmed i would consider the channel resistance as a target. we would also be keeping American indices in the watchlist as they do correlate positively with the NZDUSD pair. Trade safe, Joe.
The NZDUSD spiked up yesterday as the RBNZ surprised markets with a 50bps rate hike (the forecast was for 25bps). With the interest rates now at 5.25%, it is just 25bps shy of the peak rates of 5.50% previously indicated by the RBNZ. Following the spike up, the NZDUSD retraced the move to trade below 0.63 again (due to the overnight recovery of strength on the...
NZDUSD - 24h expiry - We look to Buy at 0.6275 (stop at 0.6225) Previous support located at 0.6300. Previous resistance located at 0.6350. We can see no technical reason for a change of trend. Further upside is expected. Dips continue to attract buyers. Our profit targets will be 0.6375 and 0.6400 Resistance: 0.6350 / 0.6375 / 0.6400 Support: 0.6300 /...
The NZDJPY pair is on a neutral technical price action on the 1D time frame (RSI = 51.078, MACD = -0.120, ADX = 32.313) as it reached the 0.5 Fibonacci level and 1D MA50 yesterday. This is the middle level of the long-term trading range inside the S1 and R1 Zones since April 20th 2022. So essentially this pair has been trading sideways for almost 1 year. Since...