Market Analysis: NZD/USD Grind Higher Steadily NZD/USD is also rising and could extend its increase above the 0.6220 resistance zone. Important Takeaways for NZD/USD Analysis Today NZD/USD is showing positive signs above the 0.6180 support. There is a major bullish trend line forming with support at 0.6190 on the hourly chart of NZD/USD at FXOpen. ...
The New Zealand dollar continues to gain ground and has extended its gains for a seventh straight day. In the North American session, NZD/USD is trading at 0.6187, up 0.12%. The New Zealand dollar last had a losing daily session on February 13 and has jumped 2.1% since then. New Zealand consumer spending has been weak and more bad news is expected on Friday, when...
NZDUSD has room to rise up to zone 2. From there, we might see a retracement.
Preferred direction: BUY Comment: Buyers of gold have laid down a fairly serious prospect of growth towards the level of 2060 . Previously, we talked about the likely formation of a balance at the level of 2040 , and that most likely thereafter there will be growth above this level towards local highs. However, given the intense news background and, most...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
In a previous analysis of OANDA:NZDUSD , I mentioned that as long as the 0.6 zone remains intact, the decline from the recent high could not be categorized as more than a mere correction. Since then, the pair has consolidated but has remained resiliently above the mentioned level. Last week brought about a new reversal from the support level, and as of the...
NZDUSD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short NZDUSD Entry - 0.6183 Sl - 0.6205 Tp - 1.6132 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Preferred direction: SELL Comment: All targets have been completed for this currency pair, and we are not looking above the level of 0.62000 yet. Today, the US dollar is expected to strengthen. Thus, the support level of 0.61500 will be tested soon. More medium-term prospects are still on the buyer's side. Thank you for like and share your views!
H4 moving average: Against the trend Daily moving Average: With the trend Deep crab pattern on H1 Previous days high with a lot of resistance Quick trade if it doesn't work in 10 hours take either the loss or profit Stop loss at 0.6225
Preferred direction: BUY Comment: On February 20, the currency pair made a good movement towards our target of 1.09000 . We need to remind you that first of all we expect the level of 1.08500 . At the moment, scenario №1 is active, but as part of a short-term transaction, you can consider buying from current prices, using a small stop loss. A protect-order...
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 0.6184, which is an overlap resistance that aligns with the 127.2% Fibo extension Our take profit will be at 0.6123, an overlap support level. The stop loss will be placed at 0.6238. above the 161.8% Fibo extension High Risk Investment Warning Trading Forex/CFDs on...
. 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
The Kiwi (NZD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 0.62020 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement level Stop Loss: 0.62616 Why we like it: There is a pullback resistance that sits above the 61.8% Fibonacci...
Preferred direction: BUY Comment: For metals , there will most likely be a relative pause in movement. Thus, a balance is expected to be formed for gold , most likely after which there will be an attempt to grow above the 2040 level. In the short term and even in the longer term, longs will most likely be of greater priority. The buyer’s first task is to...
Expecting a rejection at the sell zone where we'll be looking for sells. Once we get there, jump into lower timeframes and search for any reversal pattern. Your stoploss should be above the sell zone after entering targeting 0.786 fibo level.
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61550 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61550 support and resistance area.The recent release of CPI data in the United States has significantly influenced the forex market...
NZD/USD is in a overall downtrend from the higher timeframe. It has given equal highs forming a double top on the 2hr. I will be taking the following sell on it: Entry = 0.61443 Stop Loss = 0.61693 25 pips Take Profit = 0.60941 50 pips Lot Size = (0.05)