For now i am looking for a smaal pullback and then i will entre long. If price shoots away there will be a new change soon.
The Kiwi (NZD/USD) could rise towards a swing-high resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 0.62065 Why we like it: There is a swing-high resistance level Stop Loss: 0.62700 Why we like it: There is a pullback resistance that sits above the 127.2% Fibonacci extension level Take Profit: 0.61355 Why we like...
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...
This week, while many counter-trend traders might be eyeing a short on NZDUSD due to a potential setup on the 4-hourly chart, I'm taking a different approach. Why I'm Bullish: 1. The market retested the previous resistance without creating an RSI Divergence, which raises concerns for a strong bearish move. 2. I'm looking for a buying opportunity at...
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.61700 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.61700 support and resistance area. Trade safe, Joe.
Hello,Traders! NZD-USD surged up on The news but the pair Is now clearly overbought So after the retest of the Horizontal resistance of 0.622 we will Be expecting a local correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Preferred direction: SELL Comment: The Australian dollar is also expected to undergo a downward correction, as we suppose. Against the background of today's NFP , the instrument may even grow towards the level of 0.66659 , but in the medium term, it is unlikely that the buyer will be able to gain a foothold. Perhaps not today, then at the beginning of next...
Market Analysis: NZD/USD Start Fresh Rally NZD/USD is also rising and could extend its increase above the 0.6200 resistance zone. Important Takeaways for NZD/USD Analysis Today NZD/USD is gaining pace above the 0.6155 support. A key bullish trend line is forming with support at 0.6170 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical...
Preferred direction: BUY Comment: When considering medium-term trades, we continue to adhere to the buy-priority for the AUDUSD currency pair. As expected, right now the instrument is already recording a new local minimum, which we prescribed in scenario №2 . This scenario is now more relevant. It should be noted that during this week the price will most...
OANDA:NZDUSD BUY position can be taken in the specified area There is no position before the area
Hi viewers, NZDUSD price on zone, we are have on 28.2 NZD rate cut, price starting showing power from yesterday, here now bullish continuation expecting TP1: 0.62600 (100) TP2: 0.63400 (180)
Please, check our technical outlook for NZDUSD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.609. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.611 level. P.S Overbought describes a...
Due to the weakness of US Dollar, NZDUSD looks bullish. I spotted a nice double bottom formation on a daily. The closest strong resistance is 0.619. The pair will most likely reach that structure soon. ❤️Please, support my work with like, thank you!❤️
NZDUSD is rising to the swing-high resistance, our buy entry level. It could potentially breakout of the buy entry and rise to the take profit. Buy entry will be at 0.61469, the swing-high resistance that aligns with the 50% Fibo retracement. Our take profit will be at 0.62071, also a swing-high resistance. The stop loss will be placed at 0.60809 the overlap...
The Kiwi (NZD/USD) is falling towards a potential breakout level and could drop lower from here. Sell entry is at 0.60819 which is a potential breakout level. Stop loss is at 0.61220 which is a level that sits above a pullback resistance. Take profit is at 0.60523 which is a multi-swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin...
Very interesting pool of support underneath. I have placed the buy limit order with the given stop and target. If the price does not give me a pullback within 8 hours I will pull the order. There is a potential engulfing forming in the daily as well after it swing failed the lows. So I think the shorts have been trapped already.
Waiting for DXY inducement to get in. Most of the USD pairs look like a short right now. Waiting for some reactions confirming my predictions. I don't predict in trading, I react to what I see. It either goes to the hidden base or it might just drop off the inducement and imbalance fill. Lets see! What do you think? LQP = Liquidity Pool
The Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 0.61071 Why we like it: There is a pullback resistance that aligns with the 23.6% Fibonacci retracement level Stop Loss: 0.61364 Why we like it: There is a pullback resistance that sits above the 38.2% Fibonacci...