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...
Trade Idea: Selling EURNZD Reasoning: Broken down from a range on the 60min, targeting a move lower. Entry Level: 1.7267 Take Profit Level: 1.7081 Stop Loss: 1.7302 Risk/Reward: 5:1 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...
NZDJPY - 24h expiry - We look to Buy at 82.90 (stop at 82.40) Previous support located at 83.00. Previous resistance located at 83.80. There is no clear indication that the upward move is coming to an end. Risk/Reward would be poor to call a buy from current levels. A move through 83.80 will confirm the bullish momentum. Our profit targets will be 84.20...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for NZDUSD . 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
The NZDUSD has been trading within a channel since mid-March and has now reached the upper edge of the channel. It has shown signs of reversal towards the downside. I expect the price to respond and fall to around 0.623, where it will meet the 100-period moving average on the 4-hour timeframe and an ascending monthly...
Hi viewers, NZDUSD UPDATE first analysis attached, here in new anaysis for new week still only bullish expectations TP1:0.63150 (70) TP2:0.63500 (105)
If the support is broken in the four-hour period and it stabilizes under the support, the next target is 1.715
NZDUSD reached a solid horizontal support. The price was steadily falling within a bullish flag pattern. Once the underlined structure was reached, the market bounced and broke the resistance of the flag. I believe the pair will go higher now. Goals: 0.6267 / 0.62895 ❤️Please, support my work with like, thank you!❤️
Hey Traders, in the coming week we are monitoring NZDUD for a buying opportunity around 0.622 zone, NZDUSD is trading in an uptrend and extending pullbacks seems to be approaching the major trend around 0.622 support and resistance zone. i would also recommend to be watching indices as well to confirm the trade as american indices do correlate positively with the...
Hey Traders, in today's trading session we are monitoring NZDJPY for a selling opportunity around 84.200 zone, NZDJPY is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend around 84.2 support and resistance zone. if the rejection is confirmed i would consider 81.2 as a target as it's considered the next...
Fundamental Backdrop 1. China's Purchasing Managers' Index (PMI) beat expectations, indicating that the economy is improving faster than expected 2. This can help further strengthen the NZDUSD because China is New Zealand's second-largest trading partner Technical Confluences 1. Price at the 0.62800 support level 2. Next major resistance at 0.63650 Idea...
NZDJPY - 24h expiry - We look to Buy at 82.25 (stop at 81.60) Previous support located at 82.50. Previous resistance located at 83.00. The trend of lower intraday highs has also been broken. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 83.75 and 84.00 Resistance: 83.00 / 83.50 /...
NZDUSD is in a Head&shoulder. If the price breaks 0.65, price can go up to the target(0.72) in the midterm. ✅Access trading ideas, build strategies with drag and drop, backtest, and automate your trading for passive income with our Sponsor's platform Vestinda. check it out using the link in the Description. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _...
NZDCAD formed a head & shoulders pattern on a daily time frame. Its neckline was successfully broken yesterday. I expect a further decline on the pair. Targets: 0.84 / 0.837 ❤️Please, support my work with like, thank you!❤️
EURNZD - Price action continued to range between key support & resistance (1.7300 - 1.7440) although we expect a break of this range soon. The bias is to break to the upside. The primary trend remains bullish. A lower correction is expected. We look to buy dips. 24h expiry - We look to Buy at 1.7322 (stop at 1.7272) Our profit targets will be 1.7442 and...
AUDNZD is trying to reverse it's long term trend and may target back peak at 1.11. Bounces off support / order block level. Spotted at 1.7624 SL at 1.69 TAYOR.
Fundamental Backdrop 1. NZD Building Consents m/m, a leading gauge of future construction activity dropped from -5.2% to -9% 2. This can lead to lesser jobs and reduced construction services 3. NZD ANZ Business Confidence, a leading indicator of economic health dropped from -43.3 to -43.4 4. This could be an early signal of reduced future economic activity such...
NZDUSD - 24h expiry - We look to Buy at 0.6195 (stop at 0.6155) Previous support located at 0.6200. Previous resistance located at 0.6250. The trend of higher lows is located at 0.6190. Further upside is expected. The hourly chart technicals suggests further downside before the uptrend returns. Risk/Reward would be poor to call a buy from current levels....