✅NZD_USD is growing locally and will Soon retest a horizontal resistance level of 0.6246 And because the pair is in the downtrend overall This presents a classical Trend following selling opportunity SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Friends! We are going short on the NZD/USD with the target of 0.615 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✅
Hey Traders, in today's trading session we are monitoring NZDUSD for a short term selling opportunity around 0.62300 zone, NZDUSD is trading in a downtrend and currently seems to be in a consolidation phase in which it is approaching the trend at 0.62300 support and resistance zone. Trade safe, Joe.
Here is my analysis for NZDUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDUSD in Berish Trend, Making LL's. Retest of Fib 0.618 level from last LL. Keeping StopLoss last HL.
the big waves on the 4h timeframe around the uptrend will give us a good buy setup
waiting for pull back and rejection or a break of structure and close below blue line in order to look for sells
Waiting for a retest of 0.62248 to short NZDUSD back to 4H swing lows at 0.60676 If you agree drop a like and if you have any questions leave a comment :)
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...
Hey Traders, in the coming week we are monitoring AUDUSD for a buying opportunity around 0.66600 zone, AUDUSD is trading in an uptrend and currently is in a correction in which it is approaching the major trend at 0.66600 support and resistance zone. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring NZDUSD for a buying opportunity around 0.61100, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.61100 support and resistance zone. Trade safe, Joe.
Analysis is against the trend and risk ..........................................
NZDUSD is making a perfect move within the previously formed idea. The currency pair breaks the ascending support and falls to 0.618. The target has been reached, But! TA on the high timeframe: 1) Price has passed only the first half of the way. The global target could be 0.6084 or 0.5985 2) Overcame the liquidity area, which is resistance at the moment and the...
Hello,Friends! NZD/USD pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 5H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.627 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
NZD/USD is under pressure and we could be on the verge of a break of key structure.
Nice bounce on HSI, looks like a bottom in 2022 because of an impulse up, now right shoulder at support. China is doing everything to support its economy, but with high rates in other major countries, they just cannot pick up that easily. However, when economy in China will really start picking up that’s when commodity currencies like AUD and NZD can benefit....
H4 - Bullish trend pattern. Currently it looks like a correction is happening. No opposite signs. Until the two strong support zones hold my short term view remains bullish here.