My dear followers, This is my opinion on the NZDUSD next move: The asset is approaching an important pivot point 0.6223 Bias - Bullish Safe Stop Loss - 0.6190 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.6277 About Used Indicators: For more...
Going into CPI tomorrow I am favoring buys to sells on NU. DXY is respecting resistance and we can see a push higher with xxx/USD pairs. Let's see how we react during London. Ultimately trading into 4hr FVG and taking out buyside would be ideal. This pair is a little slower in movement but price action is clean. Good luck tomorrow traders and trade safely! - CipherFX Team
From a fundamental perspective, this pair has aggressively recovered upward. This is attributed to the downward trend shift of the dollar and projections for the NZD, which include talks of a potential interest rate hike in the first quarter of the upcoming year. However, the U.S. economy is showing signs of cooling down, leading to projections of rate cuts...
Hello,Friends! Bearish trend on NZD/USD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 0.619. ✅LIKE AND COMMENT MY IDEAS✅
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.62096 which is a pullback support. Stop loss is at 0.61650 which is a level that sits under a pullback support and the 61.8% Fibonacci retracement level. Take profit is between 0.62750 and 0.62854 which is a pullback resistance...
Hello. Analysis of the main currency pairs of the New Zealand dollar This analysis is based on Elliott waves and in a 2-hour and short-term time frame The market is in a corrective and downward trend, which is currently within the range of the 5-wave triangle, and the breakdown of the downward triangle line can continue to fall. (C wave ceiling is important for...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 0.61856 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement level Stop Loss: 0.60841 Why we like it: There is a pullback support level Take Profit: 0.63662 Why we like...
📈 Market Analysis - Buy Opportunity 📉 Pair: NZDUSD 📊 Technical Analysis: Forming a rising wedge pattern on the 30-minute timeframe, NZDUSD has also reached the higher low area of the uptrend line in the 4-hour chart. 📉 Expectations: Anticipate a re-test of key support levels, as highlighted in the attached chart. 📊 Trading Strategy: This trade is based on a...
Preferred direction: BUY Comment: The US dollar's main competitors are likely preparing to strengthen in the short term. The news background can contribute to this. The focus is, of course, on NFP . The market may not yet have recovered sufficiently after the holidays, and it is the NFP that can finally do this. Technically, the AUDUSD currency pair is...
Hello Traders, so here's the weekly update of the financial markets. DXY filled the weekly FVG by market close last week and rejected. So what we expect this week is BEARS putting in lots of SELLING PRESSURE. Probably this week we shall see a BEARISH CANDLE on the Greenback. Onto GOLD ,with the above information, I expect it to remain BULLISH alongside other Major...
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...
My sights are set on a compelling setup for NZDUSD. Both the Weekly and Daily Charts align with a Bearish Shark Pattern, presenting a powerful Combo Trade opportunity. I'm waiting patiently for the Bearish Shark Pattern completion at 0.6352 on the 4-hourly chart, aiming for a High Profit Factor with reduced initial risk. What are your thoughts on NZDUSD? Any...
Hello,Traders! NZD-USD will go down Because the pair will soon Reteset the horizontal Resistance of 0.6413 From where I think we Will see a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Greetings Traders, As we gear up for the upcoming trading week, our attention turns to NZDUSD, where we are actively monitoring a potential buying opportunity around the 0.61900 zone. The currency pair has been trading within an established uptrend, and its current correction phase is bringing it closer to the trend at the crucial 0.61900 support and resistance...
My dear followers, This is my opinion on the NZDUSD next move: The asset is approaching an important pivot point 0.6218 Bias - Bullish Safe Stop Loss - 0.6185 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.6286 About Used Indicators: For...
The price could bounce off the buy entry and could continue to rise to the take profit level. Buy entry is at 0.62182 which is a overlap support level. Stop loss is at 0.61810 which is a level that sits below an overlap support that aligns with the 27.2% Fibonacci expansion level. Take profit is at 0.63660 which is a swing-high resistance level. High Risk...
Hey Traders! Check this out – NZDUSD is shaping up to be a pretty exciting play. We've just seen a break below the 1-hour moving averages, and we're now under a key pivot level on the lower timeframes, which hints at some solid bearish momentum. Also, the 4-hour candlestick is sporting a long upper shadow, suggesting that the sellers might be settling in for the...
Please, check our technical outlook for NZDUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.625. Considering the today's price action, probabilities will be high to see a movement to 0.634. P.S The term oversold refers to a condition where an asset has...