Market Analysis: NZD/USD Signal More Losses NZD/USD is also moving lower and might trade below the 0.6000 zone. Important Takeaways for NZD/USD Analysis Today NZD/USD declined steadily from the 0.6105 resistance zone. There was a break below a key bullish trend line with support at 0.6040 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical...
REASONS WHY Interest Rate Differential: The interest rate set by the central bank is a major factor that affects the value of a currency. If the Bank of Japan (BoJ) raises its interest rates or signals an intention to do so, while the Federal Reserve maintains or cuts its rates, the JPY could strengthen against the USD. Currently, the market sentiment is that...
Hey there, fellow traders! Get ready for another exciting play in the forex world – this time with NZD/USD gearing up for a buy opportunity. Here's why you should be paying attention: 🔍 Let's Talk Numbers: We're eyeing a buy entry point at 0.60300, with a smart stop-loss set at 0.60043 to keep risks in check. Our first target? A juicy 0.60803, offering a sweet...
MARKET PHASE OANDA:NZDUSD is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above...
My dear friends, NZDUSD looks like it will make a good move, and here are the details: The market is trading on 0.6045 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.6094 Recommended Stop Loss - 0.6021 About Used...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61200 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61200 support and resistance area. Trade safe, Joe.
Preferred direction: BUY Comment: As expected earlier, the US dollar has strengthened against all major competitors, and the AUDUSD currency pair is at the top of this list. The main trigger for the fall was the RBA meeting. However, we previously noted that for this instrument a setup was formed for at least a downward correction. It should be noted...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.60747 which is a pullback support. Stop loss is at 0.60500 which is a level that lies underneath a pullback support. Take profit is at 0.61460 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracememt...
NZDUSD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy NZDUSD Entry - 0.6052 Stop - 0.6020 Take - 0.6116 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
The Kiwi (NZD/USD) has broken below the level of 0.6072 which has been identified as a pivot point. Could price potentially fall all the way down to the 1st support? Pivot: 0.60720 Support: 0.60479 Resistance: 0.61000 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.60745 which is a pullback support that aligns close to the 100.0% Fibonacci projection level. Stop loss is at 0.60280 which is a level that lies underneath a multi-swing-low support. Take profit is at 0.61364 which is an...
My dear subscribers, My technical analysis for NZDUSD is below: The price is coiling around a solid key level - 0.6094 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.6127 My Stop Loss - 0.6073 About Used Indicators: By the very...
Hello,Friends! We are now examining the NZD/USD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.613 level. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for NZDUSD. Time Frame: 17h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.608. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.614 level. P.S We determine oversold/overbought condition...
NZD just touched a significant order block support which has been tested many times in the past -- and bounce off it again and again. This time NZD is back at that level. I expect bounce to the upside thereafter. SEEDED L at 0.6183 initial target 0.630 TAYOR.
Just long-ed NZDUSD when price came to a level where "The Market Remembers"(support area). The final push towards the down side was strong, and then 10/20 Period Mean Price crossed over, signalling to me that the dynamics has changed. The 10 Period Mean Price is able to be higher than the 20 Period Mean Price, telling me that there's a shift in peoples...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...