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...
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!❤️