NZDUSD has executed a Breakout Structure (BoS) on the 4-hour Point of Interest (POI). Presently, a ChoCh pattern has materialized on the lower timeframe, aligning with the established trend. Our expectation is a sell-off at the Order Block (OB) associated with the ChoCh, subsequent to filling the Former Value Gap (FVG) that has been formed.
NZDUSD reached the top of the Bearish Megaphone pattern and along with the overbought 1D technical outlook (RSI = 71.202, MACD = 0.006, ADX = 58.197) is on the ideal short level. The last LH was priced just under the 0.786 Fibonacci level and this is where the price is currently at. We turn bearish, targeting the 1D MA50 (TP = 0.60500). ## If you like our free...
We are close to a good area to enter purchases in this pair, we can enter the market in nearby areas with a buy limit at 0.62247📈📈 success to all, visit my profile to see the other operations✅ 😄📲 good ratio
NZDUSD - 24h expiry Indecisive price action has resulted in sideways congestion on the intraday chart. Momentum is flat, highlighting the lack of clear direction. Risk/Reward would be poor to call a buy from current levels. A move through 0.6225 will confirm the bullish momentum. The measured move target is 0.6280. We look to Buy at 0.6200 (stop at...
NZDUSD Long To Complete Wave 5. As we see in the chart the other waves matched up perfectly.
Hello,Friends! We are going short on the NZD/USD with the target of 0.607 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
our attention is directed towards NZDUSD, where we are actively monitoring a potential buying opportunity around the 0.61400 zone. Presently engaged in an uptrend, NZDUSD exhibits a sustained upward trajectory. Concurrently, the currency pair is navigating a correction phase, steadily converging towards the trend at the critical 0.61400 support area. This...
Hi Traders! NZDUSD is testing the monthly high for the first time, and there is an opportunity for a short entry back to the support level. Here are the details: The monthly high at 0.62498 is the key level here, and as the market is testing it for the first time, we are looking for the resistance level to hold. The longer the market holds below 0.62498, the...
Price could reverse off the pullback support at 0.62461, our buy entry level and fall to our take profit at 0.61085 an overlap support level. Stop loss is at 0.63031, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against...
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...
NZDUSD looks more likely to break above the expanding triangle targeting liquidity above 0.64000, however, a rejection at the upper trendline of the triangle may drag price low to re-test 0.60000 support. N.B! - NZDUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for...
Hello Traders! This is my perspective for NZDUSD H1. At the moment, we can see a phase of accumulation, I expect a manipulation until 0.6115 and after that, to execute LONG TRADE. Also, the level of 0.61700 is an important level of resistance to follow. Exactly from this level, I expect the distribution and I will look for a LONG TRADE ENTRY. Follow, like,...
FX:NZDUSD has been in a downtrend for nearly two years. However, after reaching a low at the 0.55 zone, which aligns neatly with the pandemic's 2020 low in October 2022, the pair staged a robust recovery, gaining approximately 1000 pips and reaching the trend line once again. Subsequently, a new decline occurred, halting at 0.58 and establishing a higher low on...
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 0.61000. Like, comment and subscribe to be in touch...
Hey Traders, in the coming week we are monitoring NZDUSD for a buying opportunity around 0.61400 zone, NZDUSD was trading in a downtrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 0.61400 support and resistance area. Trade safe, Joe.
My dear subscribers, This is my opinion on the NZDUSD next move: The instrument tests an important psychological level 0.6214 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.6161 My Stop Loss - 0.6244 About Used Indicators: On...
After breaking through a strong resistance level in the range of 0.617-0.618, the price of NZDUSD continued to move upward within the framework of impulse wave 3. We expect the bullish trend to continue with minor pullbacks up to 0.645. In recent weeks, the New Zealand dollar has been one of the strongest currencies, but we expect this trend to continue in the...
NZDUSD moving in a Channel and now testing its upper trendline, We may see selling from here and price will test middle and then lower line of the channel. It's a long term trade so, mange your risk accordingly!