Pair : NZDUSD ( New Zealand Dollar / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure CHoCH RSI - Divergence Fibonacci Level - 78.60% Bullish Channel
✅NZD_USD has been falling recently And the pair seems locally oversold So as the pair is approaching a horizontal support of 0.5850 Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Although it reached the support, it was unable to break it, so we will have a rise in the coming days.
"Since the 18th of July, NZDUSD has dropped for 6 consecutive days. This is due to the increased expectations of a rate cut by RBNZ in the upcoming meeting (14th of August). What should we expect as the NZDUSD is approaching the 0.58600 support zone? 1. Current Situation Fundamental Analysis: - Expectations of interest rate cuts in August by RBNZ are rising...
Hello, Friends! We are going long on the NZD/USD with the target of 0.603 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
OANDA:NZDUSD has formed bullish divergence on 1H timeframe indicating a potential upside move. It is currently trading over premium fibonacci levels of 78% of daily timeframe and price is on weekly ascending trendline increasing the chances of potential retest and bounce up from this level. We can look for buying setups at this price range.
Hello,Traders! NZD-USD went down but The pair will soon retest A horizontal support level Of 0.5854 and as the pair Is locally oversold I think That we will see a local Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Based on the H1 chart analysis, we can see that the price has just bounced off our buy entry at 0.5918, which is a swing-low support. Our take profit will be at 0.5937, which is a pullback resistance level close to 61.8% Fibo retracement. The stop loss will be placed at 0.5905, which is a multi-swing low support level. High Risk Investment Warning Trading...
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.59400 zone, NZDUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area. We would also like to consider the current bearish momentum on DXY and the easing inflation in the...
NZDUSD broke and closed below a key daily support. The broken structure and a falling trend line compose the contracting supply zone now. I think that the pair has a potential to drop lower. The closest key support that I spotted is 0.589 ❤️Please, support my work with like, thank you!❤️
In this video, we closely examine how to find an optimal entry point in a trending market. We conduct an in-depth analysis of the NZDUSD, focusing on market structure, price action, and the trend. Most importantly, we discuss how to get involved in the market for maximum gains. As always, the information is educational and should not be construed as financial advice.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
My dear followers, I analysed this chart on NZDUSD and concluded the following: The market is trading on 0.5963 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.6026 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
23rd July DXY: Ranging between 104.20 and 104.40, if price breaks 104.50, Inverted Head and Shoulder, could retest 104.80 NZDUSD: Sell 0.5970 SL 20 TP 50 AUDUSD: Sell 0.6615 SL 15 TP 35 USDJPY: Sell 156.10 SL 30 TP 60 GBPUSD: Bearish Flag: Sell 1.2890 SL 25 TP 110 (Hesitation at 1.2860) EURUSD: Sell 1.0865 SL 20 TP 55 USDCHF: Buy 0.8925 SL 25 TP 75...
The NZD/USD currency pair may be entering a new bearish trend. After retesting the 0.6220 area, the price experienced a technical rebound at the resistance level, subsequently revisiting the previous supply area. This sequence of movements indicates a potential downward trajectory. In our analysis, we have observed that the market dynamics are aligning with a...
NZDUSD – technical overview Overall pressure remains on the downside with the market continuing to stall out on runs up into the 0.6500 area. At the same time, there are some signs of the market wanting to put in a longer-term base. Ultimately, a break back above 0.6500 would be required to take the medium-term pressure off the downside and encourage this...
NZDUSD - 24h expiry There is no indication that the selloff is coming to an end. Although we remain bearish overall, a correction is possible without impacting the trend lower. Risk/Reward would be poor to call a sell from current levels. A move through 0.5975 will confirm the bearish momentum. The measured move target is 0.5950. We look to Sell at 0.5990...