Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.61200 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.61200 support and resistance zone. Trade safe, Joe.
Waiting for a retest of 0.62252 to short NZDUSD back to 4H swing lows at 0.60673 If you agree drop a like and if you have any questions leave a comment :)
Hello,Traders! NZD-USD is trading in an Uptrend along the long-term Rising support from where I will be expecting a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Due to the trend of increasing time and the latest modification, we expect the price to increase
Hello Traders, Hope you will like this idea too... BEST OF LUCK
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...
Take a look at our analysis for NZDUSD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.615. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.620 level. P.S Please, note that an oversold/overbought...
✅NZD_USD is trading an uptrend Along the rising support line Which makes me locally bullish biased And the pair is already making A bullish rebound from the support So a further move up is expected With the target of retesting the Level above around 0.6208 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fill the imbalance higher and then to reject from 1H bearish order block. Like, comment and subscribe to be in touch with my content!
NZDCHF continues to observe a multi-month bearish trend. This time price finds limit support at 0.53362 and continues to make an onslaught on this zone. TA on the high timeframe: 1) The strong bearish trend continues. Price is unable to update the local highs 2) Flat (consolidation) is being formed. Within the consolidation, the price is approaching the support...
Analysis: Upwards trend (bullish confluence factor) Retest of an old support level (bullish confluence factor) 61.8% fib retracement level (bullish confluence factor) Upwards trendline touch (bullish confluence factor) NZD is the 5th strongest major currency whereas the USD is the 3rd strongest major currency (bearish confluence factor) 2K short...
BSO @ 0.6145 BLO1 @ 0.6115 BLO2 @ 0.6075 PA has kissed a Major Support Level without satisfying the Demand Zone. However, being the the BIG PICTURE trend is up, it is possible that PA is creating a Higher Low @ 0.6145 to reflect a continuation of the UT. 1 Shaving 50% of my position @ TP1 thru TP3 2 Add-Ons are 50% Buy Stop Order positions 3 Closing ALL Buy...
Hello Traders, today i will trade again the FX:NZDUSD for three reasons: -The first reason is that the FOMC will most likely not raise interest rates from September, considering that interest rates at 5.25%-5.5% on the dollar are at 22 year highs and inflation seems to be slowing down (at least in the markets). -The second reason is that with a drop of 133...
NZD/USD also declined towards 0.6150, and it remains at risk of more losses. Important Takeaways for NZD/USD Analysis Today NZD/USD declined heavily from the 0.6260 resistance zone. There was a break below a major bullish trend line with support near 0.6200 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis On the hourly chart of...
On NZD/USD, we have a bullish setup where the price has followed the news and eurozone rates and retraced to the level of 0.6230. I expect a probable bounce as we have a resistance and a confirming trendline, along with higher highs and higher lows, and a supporting demand zone. Additionally, there is a supply level at 0.64, which would serve as the target for our...
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 6H 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...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
FX:NZDUSD makes a false break of 0.6381 resistance and forms a correction within the uptrend. The price is testing the trend support, a reversal candlestick pattern is formed on the 4H timeframe.Collectively, we have a signal on the candlestick pattern, a false breakout of trend support and a false breakout of MA-200. Consolidation is formed above the...