The Kiwi (NZDUSD) is rising towards a pullback resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 0.59444 Why we like it: There is a pullback resistance that aligns with the 50.0% Fibonacci retracement level Stop Loss: 0.60148 Why we like it: There is a swing-high resistance Take Profit: 0.58590 Why we like...
NZDUSD Channel: RED WK Pivot: RED AOB: 10 CON: SBB SELL Stop: 0.5867 Stop Loss: 0.5921 TP01: 0.5813 TP02: 0.5705 DWR presents as a sell setup on 11SEP, with Channel and Pivot are red bouncing off SMA 10. However, trade is not taken/considered as it differs from our Market Analysis Bias. SPX500: Up DXY: Down OIL: Up GOLD: Up Reference...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59600 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59600 support and resistance area. Trade safe, Joe.
Preferred direction: SELL Comment: The Australian surprisingly shows potential buying priority, however, the medium-term outlook is still on the side of sellers, and it is better to stick to it. There is potential for growth to the upper limit of the current balance at the level of 0.65141. During this month, a decline to 0.63500 and below is expected. Thank...
Kiwi (NZDUSD) is close to a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.59395 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.60009 which is a multiple swing-high resistance that sits above the 78.6% Fibonacci retracement level. Take profit is between...
Hello Traders Investors And Community, welcome to this analysis about the current situation within NZDUSD and what the recent events can tell us about the ongoing outcome we can expect from NZDUSD the next time. In my observations, I discovered some interesting and significant signs which made it clear in which direction NZDUSD will go further. Therefore we are...
Since the high of around 0.64 back in mid-July, NzdUsd dropped hard losing around 500 pips of its value also dropping under 0.6070 horizontal technical support. A new low was made at the end of August, followed by a new one at the beginning of September. However, this new low is very close to August one suggesting a lack of power from bears. Friday's candle is an...
Hello, Traders Investors And Community, welcome to this meaningful analysis about the current price-action building in NZDUSD and the overall formation resulting out of it. There are some relevant signs which are indicating to me a minimum test of the higher boundary of the channel we are currently trading at the moment. Also what we need to know is that after...
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 dear friends, Please, find my technical outlook for NZDUSD below: The price is coiling around a solid key level - 0.5903. Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.5888 About Used Indicators: The pivot point itself is...
NZD/USD is now attempting a fresh increase from the 0.5860 support zone. Important Takeaways for NZD/USD Analysis Today · NZD/USD declined heavily from the 0.6000 resistance zone. · Recently, there was a break above a connecting bearish trend line with resistance near 0.5880 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis On the...
Here is our detailed technical review for NZDUSD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.590. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.585 level soon. P.S Overbought describes a period of time...
✅NZD_USD is going down And the pair broke the key Level of 0.5900 and the Price stayed below the level Indicating the will of the players To take the price even lower SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Preferred direction: SELL Comment: Since the publication of the previous idea for gold, the situation is stable, and it is best to consider selling. The level of 1912 is expected to trigger a fall. Before this, accumulation cannot be ruled out, in which the situation may change. Thank you for like and share your views!
Preferred direction: SELL Comment: The downtrend is also strong for the New Zealand dollar, where in the previous accumulation, sellers have laid down a medium-term potential for updating lows. The price is confident enough to keep under 0.59000, and this trend is likely to continue. Downward targets are seen near 0.58000. Thank you for like and share your views!
Hello,Traders! NZD-USD is trading in a Downtrend and the pair broke A key level of 0.5900 and is Now going down again so A further move down Is to be anticipated Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Good morning everyone, its been a while since my last published idea, nonetheless, here we have NZDUSD on the weekly timeframe giving us a breakout and then a retracement back the RZ 1. Typically in these cases you may get a pullback to RZ 2 but, overall I think this will drop in the next upcoming weeks. You can also some liquidity which form on the RZ 1...
Just a quick update on my NZD/USD trade - I'm on the short side for now. No stop loss, and I'm keeping the leverage super low at .01 for every $1000 I've got in my account. I've got my eyes on a target at .58711. So, let's see how this unfolds, and I'll keep you posted. Stay tuned! #ForexTrading #NZDUSD