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...
Hey there! Let's talk about the NZD/USD market and what to expect next. After a prolonged period of decline, the market has hit a plateau. Bulls, unfortunately, suffered a blow when the support level of 0.60841, which had been holding the uptrend, was broken. This flat phase we're experiencing shows all the signs of typical manipulation with highs and lows. Now,...
Let's take a look at what happened in the NZD/USD market last week. There was some manipulation going on with the prices. We were actually expecting the market to rise due to some planned strategies by the buyers. However, we had a change of plans when the market rose without breaking the low of 0.60620 from January 23rd. This made us shift our perspective and...
Hello folks, OANDA:NZDUSD is one of the pair I have on watchlist this week. NZDUSD has been trading within an ascending channel since . Price recently tested the 1HTF supply zone at 0.61584, a potential resistance zone. From Daily Timeframe: The pair is currently in a consolidation phase following a downtrend. We're expecting a continuation of trend on this...
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...
NZ Economist's bold call opens opportunity in NZD? Sharon Zollner, chief economist at ANZ (the country’s largest retail bank), says the RBNZ may lift interest rates to 6% at its next meetings in February (27th) and April. Zollner accounts for 25 basis points in each meeting. This could potentially open some targets to the upside in the NZD/USD, including a...
Hello,Traders! NZD-USD will soon hit The horizontal resistance Of 0.6170 from where We are likely to see A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
NZDUSD - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short NZDUSD Entry Point - 0.6149 Stop Loss - 0.6169 Take Profit - 0.6109 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price filled the imbalance and could reject from resistance zone. Like, comment and subscribe to be in touch with my content!
Hello Traders, here is the full analysis. The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY 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...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61600 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61600 support and resistance area. Trade safe, Joe.
In a recent post, I emphasized that it is of paramount importance for Kiwi bulls to maintain the 0.6010-0.6030 zone. As long as this level remains intact, the drop from the recent peak is considered only a correction to the initial upward movement that began in November of last year. As indicated by the chart, this level is identified by horizontal support and...
Preferred direction: BUY Comment: For this currency pair, we continue to insist on a medium-term long with a target at the level of 0.65848. Scenario №1 is in the works, but we are not taking scenario №2 off the table, since this is where the local minimum may still be updated. Among the majors, the most confident pairs for growth now are, of course, ...
Market Analysis: NZD/USD Grinds Higher NZD/USD is rising and could extend its increase above the 0.6130 resistance zone. Important Takeaways for NZD USD Analysis Today NZD/USD is gaining bullish momentum above the 0.6080 support. There was a break above a major bearish trend line with resistance at 0.6105 on the hourly chart of NZD/USD at FXOpen. ...
This idea comes from the Mitigation of the OTE Level of the latest Bearish Impulse. There's a 5m shift, that allows us to look for a short
Preferred direction: BUY Comment: The British pound is also expected to begin a recovery. There are also two main scenarios here, and in this case, it is best to consider both options at the same time. There is still a possibility of updating the local minimum at level 1.25279 . However, buying from current ones is also relevant, since the price may fly up...
Preferred direction: BUY Comment: This week the news background is calmer than the previous one, which allows you to work more on technical analysis. A reversal of the US dollar is on the agenda. And for the euro , accordingly, we expect growth towards the level of 1.09000 . Closing the price above 1.07600 will automatically activate an upward impulse...
NZDUSD - 24h expiry Price action has stalled at good resistance levels and currently trades just below here (0.6120). We expect a reversal in this move. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. A move through 0.6100 will confirm the bearish momentum. The measured move...