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...
The ascending trend line has been broken and a bearish confirmation candle has also been formed.We are waiting for the continuation of the downward trend
Hello,Traders! NZD-USD has formed a Bearish wedge pattern While trading in a downtrend So IF we see a bearish Breakout then I think we Will see a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Dear Traders, Hope you had a great weekend, now looking at the big picture of NZDUSD, we think price will likely to reverse after touching our area, DXY may become reverse in a week or two, while the pair is yet far from our entry point. We expect smooth drop; ensure you take appropriate risks when trading. Like our idea and comment your views!
My dear friends, Please, find my technical outlook for NZDUSD below: The price is coiling around a solid key level - 0.6155 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clears ell, giving a perfect indicators' convergence. Goal - 0.6119 Safe Stop Loss - 0.6178 About Used Indicators: The...
NZDUSD: 1H buy setup. If price taps on the 1H order block and you see some bullish character in 15m or 5m, safely buy.
The four-hour chart of the NZD/USD currency pair indicates a neutral or ranging market. It is expected that market fluctuations will continue between the first support and the first resistance. Key levels: The first resistance is at 0.6149, considered the ceiling of the neutral phase. The second resistance for NZD/USD is at 0.6182. The first market support is at...
Greetings Traders, In today's trading session, we're closely watching NZDUSD for a potential selling opportunity around the 0.60850 zone. NZDUSD, previously in an uptrend, is now in a correction phase, nearing the retrace area at the 0.60850 resistance zone. Adding a fundamental layer to our analysis, recent positive USD data has influenced market sentiment. The...
A short position can be taken on the specified levels There is no position before reaching the surface
Hi dears It seems that we are at the beginning of a downward trend in the currency pair of the Australian dollar against the US dollar. The yellow area that I marked in the picture is the area for collecting orders in the coming weeks. I think we have the potential to reach lower levels. what is your opinion? Do you think it is possible?
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDUSD chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️
NZDUSD D1 - The price is moving in a downward channel and the 5th wave begins to form after the ABC correction. In continuation of the downward movement, you can wait for the target to the level at W1 - 0.57735 H4 - The price has broken through the lower trend line, forming a 3-wave structure, the target can be expected at the level of 0.59521 What can you...
Dear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
Take a look at our analysis for NZDUSD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.612. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
Preferred direction: SELL Comment: Before the Fed meeting, silver is still considered short, but at the moment there is no entry point. The best option would be to enter through pending orders before the Fed meeting. We highlight two login scenarios. The main one ( scenario №1 ) assumes entry after the formation of a false breakout at the level of 23.32250...
Preferred direction: BUY Comment: The setup for long the Canadian dollar has changed a little, but as you can see, the direction is still in favor of the buyer. Limit purchases will most likely show themselves soon. Most likely, you will have to hold the deal until the Fed meeting, and also possibly until non-farm. The main growth target is the level of ...
Preferred direction: SELL Comment: At the beginning of the week, the major currency pairs are showing quite mixed behavior, especially the currencies of the Pacific region. However, the medium-term and immediate prospects are still in favor of the US dollar . Regarding the New Zealand dollar , we expect a fall with a target at the level of 0.66000 . We...
Hey Trader, Check this analysis out on NZDUSD After the FOMC data that simply put Dollar in a more stable state, NZDUSD has successfully retested the previously used Resistance zone (Trendline) and is moving toward the downside as trend continuation, possibly after the break of the flag pattern Keep a close tab on this one.