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...
NZDUSD is showing strong bullish trend in a parallel rising channel. There is no divergence at the price is bouncing at the trendline. Strong probability of bullish trend by setting TP at the top strong resistance. Will it go up?
The Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.62760 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.63270 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take...
NZDUSD - 24h expiry There is no clear indication that the downward move is coming to an end. Short term RSI is moving lower. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 0.6225 will confirm the bearish momentum. We look to Sell at 0.6260 (stop at 0.6288) Our profit targets will be 0.6190 and...
Hello there, I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones. I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering...
Hello,Friends! NZD-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.616 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the NZD/USD pair. ✅LIKE AND COMMENT MY IDEAS✅
January 3rd DXY: Could trade higher to 102.90, needs to stay below 103 to maintain bearish bias NZDUSD: Sell 0.6240 SL 15 TP 50 AUDUSD: Sell 0.6715 SL 20 TP 50 USDJPY: Could climb to 143 resistance, look for reaction GBPUSD: Sell 1.26 SL 30 TP 90 EURUSD: Retrace higher, reject resistance, Sell 1.0985 SL 30 TP 90 USDCHF: Sell 0.8515 SL 30 TP 60 USDCAD: Buy...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially break under this level to drop lower. Sell entry is at 0.63063 which is a potential breakout level. Stop loss is at 0.63600 which is a level that sits above a pullback resistance. Take profit is at 0.62453 which is an overlap support. High Risk Investment Warning Trading...
Hello,Friends! NZD-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.621 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the NZD/USD pair. ✅LIKE AND COMMENT MY IDEAS✅
January 2nd DXY: Could retrace to 102.50, but looking for DXY to trade lower to 100.60 support NZDUSD: Buy 0.6325 SL 30 TP 80 AUDUSD: Wait for reaction at 0.69 (Buy 0.6920 SL 30 TP 90) USDJPY: Sell 140.40 SL 40 TP 150 GBPUSD: Reaction at 1.2820 (Buy 1.2830 SL 20 TP 70) EURUSD: Sell 1.0980 SL 30 TP 80 USDCHF: Wait a bit, Sell 0.8530 SL 30 TP 60 USDCAD: Break...
NZDUSD showcases a compelling combo trading setup - a Bearish Shark Pattern visible on the weekly and daily charts. This combination suggests potential movement in the market. My approach involves waiting patiently for the market to shape a Bullish Gartley Pattern on the 1-hourly chart. This setup offers a more favorable Profit Factor, enhancing the trade's...
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...