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...
Hello,Traders! NZD-USD is going down But it will soon hit a Horizontal support level of 0.6046 And after the retest we Will be expecting a Local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Looking at the chart of NZDUSD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
NZDUSD - 24h expiry Indecisive price action has resulted in sideways congestion on the intraday chart. Short term RSI has turned positive. A move through 0.6095 will confirm the bullish momentum. The measured move target is 0.6125. Risk/Reward would be poor to call a buy from current levels. We look to Buy at 0.6080 (stop at 0.6060) Our profit targets will...
Based on the latest COT report, non-commercial traders (speculators) have significantly increased theirlong positions in the NZD. This suggests that they are becoming less bearish on the New Zealand dollar and may be anticipating a potential rally. Open Positions Retail Sentiment data also shows a decrease in short positions and an increase in long positions...
Preferred direction: BUY Comment: Despite the fact that gold is a more comfortable instrument for entering a long position among metals, long for silver is nevertheless considered. It should be noted that at the end of yesterday there were good hints of a long position. All that remains is to wait for the close above the level of 22.66582 (scenario №1). ...
Glossary: VA – Value Area Liq.P – Liquidity Point PiPo – Pivot Point BO – Break-Out H1 – Hourly Time-frame M15 – 15min Time-frame LTF – Lower Time-frame HTF – Higher Time-frame Magenta horizontal Ray – Area of Interest Magenta rectangle – Gap / Area of Significance *********** 2024 – 03 – 04 NZDUSD short DXY positioning indicating continuation short, and...
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...
OANDA:NZDUSD is trading inside the descending price channel. A new downward movement is formed on the background of the growing dollar index, the pair is testing the support, the breakthrough of which can give a strong impulse. A descending triangle is forming on W1, which indicates the weakness of the New Zealand dollar. The price cannot break through the...
Hello TradingView Family / Fellow Traders, On 4H: Left Chart NZDUSD has been bullish trading within the flat wedge pattern in red and it is currently hovering around the lower bound. On 1H: Right Chart 📈 For the bulls to take over, we need a momentum candle close below above the neckline highlighted in gray. 📉 Meanwhile, NZDUSD would be bearish short-term...
There is a very high probability Sell trade on NZDUSD after it formed a reversal pattern based on the chart above. The target is at least at 0.6100.