Hello traders, we want to check the NZDUSD chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to play the role of a resistance level and the price will fall to around 0.500. Good luck.
The price has shown some strength to the upside, which is aligned with an estimated pullback to mitigate a 4-hour OB. Currently, we have good confluences, so we can aim to expect the price retracting to the OTE, which also has liquidity resting above and a beautiful OB at the same price.
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too. ❤️ Please, support our work with like & comment! ❤️
Hi viewers, NZDUSD in last period bearish. Currently price bounce on zone, what can see we will can expect one more bearish push TP1: 0.59700 (110) TP2: 0.59100 (170)
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: 0.60825 Why we like it: There is a pullback resistance level Stop Loss: 0.61221 Why we like it: There is an overlap resistance that lies above the 61.8% Fibonacci retracement level Take Profit: 0.60382 Why we...
The Kiwi (NZD/USD) is experiencing a strong bearish momentum and could potentially drop lower. Sell entry is at 0.60957. Stop loss is at 0.61730 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 0.60382 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. High...
Pair Name : NZD/USD Time Frame : 4 hrs Scale Type : Large Scale ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Short ) Mid Term Type : Mid Term Swing —————————— Bearish Break 0.60650...
Hello traders As you can see the market maker sell model is forming on the NZDUSD 15 minutes chart and now we are on the second distribution phase. We looking for a mid-term high form in the premium, then the price goes down for the sell-side liquidity as a final target. Simply put, the market structure shifted after touching the 4-hour bearish order block and...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61250 zone, NZDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.61250 support and resistance zone. Trade safe, Joe.
Preferred direction: SELL Comment : Before the publication of inflation data in the US , the Canadian dollar also has the prospect of strengthening. Scenario №1 , which we gave in the previous trading idea for this instrument, is already active. However, given the economic calendar today, scenario №2 is also actively being considered. The target for the...
Preferred direction: BUY Comment: Today is a very important day for the current week, since the publication of data on the US CPI is expected. Against this background, most majors retain their buy priority, and especially the Australian dollar continues to look up in the medium term. At the very moment of publication of CPI data, of course, anything can...
Preferred direction: BUY Comment: The buy-priority is still relevant for the pound this week. It should be noted here that the buying power is one of the strongest among the major currency pairs. Short- and medium-term prospects are in favor of the buyer. Inflation in the USA may, surely, make its own adjustments, but nevertheless, technically, the...
As predicted on my last Forcast, Price broke out of the channel impulsively this is a momentum move from the bears. I'm waiting for a 15MIN continuation pattern before the next impulsive leg. So we may see price to retest the 15MIN resistance level close to 0.61110 before continuation in the preceding direction. if you found this helpful please support your...
OANDA:NZDUSD A short position can be taken on the specified levels There is no position before reaching the surface
The Kiwi (NZD/USD) is experiencing a strong bearish momentum and could potentially fall towards our take-profit target. Entry: 0.60959 Why we like it: There is a potential strong bearish momentum Stop Loss: 0.61583 Why we like it: There is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level Take Profit: 0.60382 Why we like it: There...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.6135, which is a pullback resistance aligning with a 127.20 Fibo extension. Our take profit will be at 0.6114, a pullback support level. The stop loss will be placed at 0.6160, above the swing-high resistance level.
NZDUSD price is in a strong support zone. 0.61052-0.60818 If the price cannot break through the 0.60818 level, it is expected that there is a chance that the price will rebound. Consider buying red. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
My view for the next week(s) for DXY. FUNDAMENTALS: Following the new trend started in 2024 and displayed in January and February, DXY infact did a new 4h and daily break of structure to the upside, giving a clear shift in sentiment. The fast devaluation of dollar regarding the early cuts is being rejected and in the last FOMC and Powell interview he made very...