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!
Hello,Friends! NZD/USD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
NZD USD has formed a bullish pennant continuation pattern. A breakout has occurred we are now waiting for a retest of the broken LH for a buy entry.
H1 - Strong bullish momentum. Downtrend line breakout. Higher highs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.61500 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 0.61500 support and resistance area. Trade safe, Joe.
I see liquidity in the direction of buying. Correction with the emergence of liquidity is suitable for selling. It takes time to reach the range. And I think it is risky. In case of reaction, it will move to the minimum range of 180 pips.
TIMING: Asia LEVEL: Weekly, 618 SETUP: BOBBI, 618 ENTRY: Depletion/Rejection, Momentum
Algo technical analysis for NZDUSD 13 Dec 2023 Trend : UP Details : It's clear on daily time frame that the main direction up and the pair moving down slowly last few days , the green support zone is very strong and could push the prices more up with targeting 0.63000 , the reason for this probability drawing on the chart. However, generally we can't...
NZDUSD sell Structure on H1 / H4 I entry at the moment. TP is on chart and SL too. This is my view just my view. Remember about risk no more than 1-2%