Price near resistance zone. Price could retest one of the previous lows.
Price reveresed back from the mid red line and wants to complete the head and shoulders pattern, where news starts. buying till tomorrow news and lets see if news will push the price back to main level to complete the pattern.
Hello Traders It seems NZD/USD is going to make a diagonal correction. it is possible, since we are bullish on USD. so we are expecting the price will reach 0.60 and 0.595 levels eventually. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published...
NZDUSD - 24h expiry Indecisive price action has resulted in sideways congestion on the daily chart. Pivot resistance is at 0.6140. We expect a reversal in this move. A move through 0.6100 will confirm the bearish momentum. The measured move target is 0.6050. We look to Sell at 0.6140 (stop at 0.6166) Our profit targets will be 0.6075 and 0.6060...
it had a nice run to the swing high, it had a correction to the .618 fib which is a healthy retest showing bullish behavior for a continuation the adx lowered out and is now recovering showing we should be able to resort to trend following tactics soon
NZDJPY - 24h expiry Trading within a Bullish Channel formation. Dips continue to attract buyers. The hourly chart technicals suggests further downside before the uptrend returns. A lower correction is expected. Bespoke support is located at 91.30. We look to Buy at 91.30 (stop at 91.00) Our profit targets will be 92.05 and 92.25 Resistance: 91.90 / 92.20...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61250 zone, NZDUSD 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 0.61250 support and resistance zone. Trade safe, Joe.
Price reacted well to Weekly POI and now expected to push higher to then come down to clear last buys.
💹 Forex Quick Check: #GBPNZD 📉 Trend: BEARISH 🚀 Action: SHORT @ 2.06422 🎯 TP: 2.04046 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #GBPNZD. #GBPNZD will go down in upcoming days. The reason behind this is that it retest the major resistance zone and hen form a bearish trend same as previous history. We will go for...
I anticipate a bullish trend for EURNZD, provided that the price successfully mitigates the (OB) conditions and also taps into the liquidity resting below the previous lows zone. This scenario could potentially signal a strong upward momentum for the currency pair.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Watching for lower timeframe pullback to short. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL...
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83050 zone. NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.83050 support and resistance area. Adding a fundamental layer to our analysis, it's crucial to consider the impact of USD strength on...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61600 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61600 support and resistance area. Trade safe, Joe.
EURNZD - 24h expiry Broken out of the channel formation to the downside. With resistance seen at 1.7690 and Marabuzo resistance at 1.7680, there is scope for selling rallies. Preferred trade is to sell into rallies. Short term MACD has turned negative. 50 4hour EMA is at 1.7692. We look to Sell at 1.7685 (stop at 1.7735) Our profit targets will be 1.7565...
This idea comes from the Mitigation of the OTE Level of the latest Bearish Impulse. There's a 5m shift, that allows us to look for a short
NZDUSD - 24h expiry Price action has stalled at good resistance levels and currently trades just below here (0.6120). We expect a reversal in this move. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. A move through 0.6100 will confirm the bearish momentum. The measured move...
In the daily time, we see an increase in the price sharpy, which has reached a strong resistance zone. As a result, in this area we expect a return or at least correction to the specified range.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 NZDCAD has been overall bearish , trading within the falling channel in blue. At present, NZDCAD is undergoing a correction phase and it is currently approaching the upper blue trendline acting as a non-horizontal resistance. Moreover, it is retesting a strong supply zone...