The NZD/USD pair on the M30 timeframe presents a potential selling opportunity due to a downward breakout from a symmetrical triangle pattern. Key Points: Triangle Breakout: The price has been trading within a triangle pattern, characterized by converging upper and lower trendlines. This pattern can indicate a period of consolidation before a breakout in either...
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83350 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.83350 support and resistance area. the New Zealand economy is heavily reliant on its agricultural exports, particularly dairy products,...
NZDJPY - 24h expiry Price action looks to be forming a top. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURNZD has been overall bearish, trading within the falling channel in red. At present, EURNZD is undergoing a correction phase and it is currently approaching the upper red trendline acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance...
EURNZD - Intraday Our bespoke support of 1.7511 has been clearly broken. Previous support at 1.7520 now becomes resistance. Our short term bias remains negative. 20 4hour EMA is at 1.7493. Our outlook is bearish. We look to Sell at 1.7495 (stop at 1.7547) Our profit targets will be 1.7365 and 1.7335 Resistance: 1.7485 / 1.7530 / 1.7570 Support: 1.7440 /...
Now that the buying demand has increased to be beyond what it was "last year", we can now lookout for Black Friday Sale, and if the price offered by Sellers suit our targetted discount %, we can look to get hold of some NZDJPY to sell to the Big Boys for a premium sum who like to get their hands on some sweet sweet NZDJPY. How I would approach this is by either...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #NZDCAD. NZDCAD is hovering around a weekly resistance, so we will be looking for sell setups on lower timeframes. On H1, we are waiting for a break below the last major low to sell. Once the sell is activated, the stop loss...
Hey Traders, in today's trading session we are monitoring NZDCHF for a buying opportunity around 0.54200 zone, NZDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.54200 support and resistance area. Trade safe, Joe.
The GBP/NZD pair on the M30 timeframe presents a potential selling opportunity due to a well-defined bearish channel pattern. This pattern suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours. Key Points: Bearish Channel: The price has been trading within a descending channel characterized by two falling...
As per my last analysis on AUDNZD - (www.tradingview.com) I am still actively holding this trade NOW, given the fact that audnzd just struggled to breach this most recent low (purple zone) and decided to pull back upward - made me consider closing but patience If however, it struggles again to breach this low I'd close in profit Why? it is simple really,...
Good Morning guys, have this buy open on AUDNZD - it isn't the best trade and I don't really like trading this pair but there was a set up and I decided to give it a try Let me explain These are my confirmations\questions > Question 1 - Was AUDJNZD in momentum (bullish or bearish)? Yes, AUDNZD is in bearish Momentum currently Question 2 - Who is interested (at...
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83800 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.83800 support and resistance area. Trade safe, Joe.
The GBP/NZD pair has lost momentum for a possible rebound, regardless of Bank of England Governor Andrew Bailey's tempered remarks regarding the pace of interest rate hikes, despite presiding over a divided decision. This shift in sentiment has prompted a breakdown in price support around the 2.0500 area, followed by a subsequent retest and further bearish...
price made a series of LH and LL resulting in a downtrend. Price recently broke out of the downtrend and made a choch and retested the OB on the 15m tf. using the taps of the trendline we can see there is liquidity over top. we can waot for a choch on 1m tf to enter.
💹 Forex Quick Check: #GBPNZD 📉 Trend: DOWN 🚀 Action: LONG @ 2.03802 🎯 TP: VIP ROOM 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #GBPNZD. #GBPNZD was in the down trend and now it is almost on the key level. Here we can see clearly that it sweeps the liquidity and now is approaching the major support zone, where we can...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61550 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61550 support and resistance area.The recent release of CPI data in the United States has significantly influenced the forex market...
Price seems to be forming a Head and Shoulders pattern on the 15m tf. price recently made a supply zone (.61500-525) and a choch. price retested the neckline of the "H&S" and went up to retest resistance at .61475 and after forming the choch. we can make a entry on a lower tf when price makes a choch. we can take profit at the next demand at .61250
Price feverses back from hourly level and shows continuation candle pattern. Sell order triggered