In time h4 and D1, it is moving in an ascending channel, which has gone through a complete ascending cycle, after which it faced a correction, which can now also have a pullback to it with the shape of the range, and at least 61.8 waves before. fix himself Therefore, you can wait for pullback and candle to confirm it for selling position.
Waiting for a break and retest of 0.60250 or 0.60690 to short NZDUSD back to 4H swing low at 0.59556 If you agree drop a like and if you have any questions leave a comment :)
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...
HELLO TRADERS As i can see this pair has reached at a strong support zone and now we are buying on dips from this given support we are expecting a up side move from this tested support after this retracement now this entry is very low risk based and looking for higher rewards Friends we need that u share ur thoughts with us on NZDUSD it will help many other...
#NZDUSD Sell Idea ........................................................................................
NZDUSD violated a significant daily support cluster. The price will most likely continue falling next week. Next support - 0.597 ❤️Please, support my work with like, thank you!❤️
Hello Traders, Base on technical and wave analysis we see this scenario for #NZDUSD for next move. let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is if price makes a retracement to fill the imbalance higher and then rejects from bearish order block + trendline. Like, comment and subscribe to be in touch with my content!
NZD/USD, H4 22 March 2024 The NZD/USD pair has displayed a double-top pattern, indicating a potential bearish trend. Despite favourable trade balance data released today, the New Zealand dollar has been overshadowed by a strengthened U.S. dollar. With a lack of bullish catalysts for the Kiwi at present, the pair faces challenges in reversing its trend. The...
The NZDUSD pair easily broke above the former Channel Down on our last buy signal (October 27 2023, see chart below) and then went on a slow long-term retrace: The restructured pattern is close to forming a Death Cross on the 1D time-frame, which would be the first since July 06 2023, a formation that turned out to be a buy signal. As the 1D RSI broke below...
The NZD/USD pair surrenders its intraday gains and turns negative in the early New York session on Thursday. The Kiwi asset falls back as the US Dollar rebounds sharply from its five-day low of 0.6060. The US Dollar Index (DXY) rises strongly to 103.76 as the Federal Reserve (Fed) has revised United States Gross Domestic Product (GDP) forecasts higher for...
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...