Preferred direction: BUY Comment: Medium-term long sentiment for the AUDUSD currency pair remains. At the moment, we have active scenarios. Let us recall that we considered two scenarios simultaneously, i.e. gradually accumulating a long position. There may be another update on local lows, but the medium term is still very confident for buyers. We are...
The Kiwi (NZD/USD) is heading towards an overlap resistance which has been identified as the pivot point. Could price potentially stall around this level before making a bearish reaction to drop lower towards the support level at 0.59392? Pivot: 0.60304 Support: 0.59392 Resistance: 0.60940 Risk Warning: Trading Forex and CFDs carries a high level of risk to...
NZDUSD is showing a strong bullish momentum and could make a continuation to our take profit Entry: 0.60263 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement Stop loss: 0.59425 Why we like it: There is a pullback support level Take profit: 0.61057 Why we like it: There is a pullback resistance which aligns with...
NZD-USD finally broke the Long-term falling resistance Line and the breakout is Confirmed so we are Bullish biased and I think The the pair will go higher Mid-term !
NZDUSD analysis buy position. Observe the money management (Use 1% of your balance for each signal) and the stop loss. To notify the free signals, analysis, follow, boosts, comments, and write questions.
NZDUSD has turned bearish on its 1D technical outlook (RSI = 42.582, MACD = -0.004, ADX = 53.918) as up until two days ago it was on the 2nd Bearish Wave of the 2024 Channel Down. This wave appears to have ended as the price hit and rebounded on the S1 level, posting so far two very strong green 1D candles. The pair may make one more Lower Low as on February 5th...
After the second break of structure price hikes to provide us with a shift, this could be a clear bullish market. Looking for a correction to fill the imbalance and mitigate the order block then we can look for buying opportunities…
Short on NZDUSD - Bearish Trend - Respecting Trendline Looking to sell on Feb Level
Hello,Friends! NZD/USD is making a bullish rebound on the 1H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.595 level. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59800 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59800 support and resistance area. Trade safe, Joe.
NZDUSD printing continous Lower Highs and Lower Lows with RSI indicator not suggesting any Divergence. A trade plan with 1% risk is defined using the Fib Retracement Tool.
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...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Preferred direction: SELL Comment: For the Swiss franc , we continue to follow the buy-priority. Scenario №1 , which we previously published, is already in progress, however, the strengthening of the US dollar at the beginning of this week will most likely lead to the activation of scenario №2 . We also assumed this, and given the fact that the franc is...
Preferred direction: BUY Comment: The New Zealand dollar almost completely copies the situation with the Australian dollar . Here, we also continue to adhere to buy-priority in the medium term. It should be noted that both of these currencies are currently having the best setup for buy among others majors, but even this does not exclude potential short-term...
Preferred direction: SELL Comment: The week for gold begins with another update to its historical maximum. At the moment, the market is witnessing a climax of buying, against which a downward reversal can be expected. The approximate reversal area is located at the level of 2300 . According to scenario №1 , a movement towards this level is expected before...
The Kiwi (NZD/USD) looks set to extend its current downturn from the pivot point and drop towards a support level at 0.59150. Pivot: 0.59430 Support: 0.59150 Resistance: 0.59933 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 lose. Trading Forex and CFDs may not be...
The Kiwi (NZD/USD) could fall towards a potential breakout level and drop lower from here. Sell entry is at 0.59429 which is a potential breakout level ( wait for the 1-hour candle to close below 0.59429 for confirmation ). Stop loss is at 0.60050 which is a level that sits above an overlap resistance. Take profit is at 0.58863 which is a swing-low support. ...