Preferred direction: BUY Comment: Before the Fed meeting on major currency pairs, a rather uncertain situation has developed, and the best option will most likely be to refrain from trades and make a decision on entry after the interest rate decision. However, the most likely scenario is in favor of buyers. At the moment, the best option would be to look for...
NZDUSD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short NZDUSD Entry - 0.5985 Sl - 0.6015 Tp - 0.5933 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear subscribers, My technical analysis for NZDUSD is below: The price is coiling around a solid key level - 0.5904 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.5947 My Stop Loss - 0.5876 About Used Indicators: By the very...
The Kiwi (NZD/USD) is trading at a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.5979 which is a pullback resistance. Stop loss is at 0.6025 which is a level that sits above a pullback resistance and a confluence of Fibonacci levels i.e. the 100.0% projection and the 127.2% extension levels. Take profit is at...
The Kiwi (NZD/USD) has hit the pivot to stall and reverse. Could this FX pair potentially drop lower towards the 1st support? Pivot: 0.5979 1st Support: 0.5938 1st Resistance: 0.6045 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
FX:NZDUSD reaches the previously outlined target. The trend remains and has a bearish direction, the structure of which is preserved and the direction of price movement can be continued. A retest of 0.5940 is formed on the background of yesterday's news and a slight weakening of the dollar index. The currency pair is strengthening within the downtrend,...
Market Analysis: NZD/USD Attempt Another Recovery NZD/USD is also rising and could extend its increase above the 0.6000 resistance zone. Important Takeaways for NZD/USD Analysis Today NZD/USD is showing positive signs above the 0.5925 support. There is a key bullish trend line forming with support at 0.5940 on the hourly chart of NZD/USD at FXOpen. ...
Hi Everyone.. in 1hr we got head and shoulder so we place a entry in right shoulder top and also its near 50% fibo in 4hr.. but we doesn't get day sell confirmation may this current swing confirms the day sell... we got the day then this H&D will be SWING Entry... already price took our entry...FLOLLOW THE CHART... i will update the future setup in comments...
OANDA:NZDUSD It seems that the NZD has found support and is ready to rise again. I will be targeting the level of the last high. This should be a moderately risky trade with a tight stop.
buy #eurnzd at 1.7980 and take profit at 1.8102 ratio 1:3 is a trade idea as $nzdemployment data made big miss and were so bad but since #nzdusd #eurnzd #gbpnzd outperform on #nzd side while shoulf be the opposite so i try this trade. may market wanna put off all retail trader may copper are up so much that boost nzd for now i see 0 reason why nzd outperform...
NZDUSD - Buy Stop - Cup & Handle Formation - Bullish Pattern
Here is our detailed technical review for NZDUSD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.588. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.591 level soon. P.S Overbought describes a period of...
Economic events: USA - ADP Nonfarm Employment Change (Apr) USA - S&P Global US Manufacturing PMI (Apr) USA - ISM Manufacturing PMI (Apr) USA - ISM Manufacturing Prices (Apr) USA - JOLTs Job Openings (Mar) USA - Crude Oil Inventories USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference On Tuesday, the S&P 500 underwent a decline,...
FX:NZDUSD bounces and strengthens towards MA-200 and resistance of the current trend on H1 against the backdrop of the dollar index correction. On D1 the medium-term outlook is clear. There are no prerequisites for the change of the global trend and most likely the fall after the resistance retest may continue. The dollar also at the moment does not give...
✅NZD_USD went down just As we predicted and is About to retest a horizontal Resistance level of 0.586 From where we will Be expecting a local Bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
🏃 AUDUSD is moving near the 🔴 Resistance zone($0.598-$0.593) 🔴 and managed to break the Support lines . 📈From the point of view of Classical Technical Analysis , it seems that AUDUSD has succeeded in forming a Head and Shoulders Pattern . 🔔I expect AUDUSD to fall at least to the 🎯 Target 🎯 I have specified on the chart. New Zealand Dollar/U.S.Dollar...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59400 support and resistance area. Trade safe, Joe.
Hello,Friends! NZD/USD is making a bearish pullback on the 2H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 0.595 level. ✅LIKE AND COMMENT MY IDEAS✅