Why Traders Care As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy
NZDUSD is trading in local Rising channel and the price Has also seems to have Broken a key resistance level So we are bullish biased And a move up is To be expected
NZDUSD buy Entry : 0.61430 Stop : 0.60830 , Target1 : 0.60040 , Target2 : 0.62625 Risk/Reward Ratio : 2
NZDUSD broke the long-term falling channel and the Breakout is confirmed So we are now bullish biased Despite the nearby horizontal Resistance level so I think that After the pullback and retest Of the broken line we will See a bullish move up
NZDUSD has formed a descending channel on the daily timeframe. I expect it to bounce off the recent outside support level.
- Descending channel at previous daily support. Extra Confluence: - 38.2 retracement within reversal zone - Equal measured move completion at reversal zone - Daily support level has been respected as a support and resistance level previously (structure swap)
NZDUSD buy Entry : 0.62287 Stop : 0.61527 , Target1 : 0.63047 , Target2 : 0.63809 Risk/Reward Ratio : 2
The Reserve Bank of New Zealand will deliver its second interest rate decision of 2023. The decision is release on Wednesday 2pm NZDT (Tuesday 8pm EST) What makes this interesting is that the country has just been hit by Cyclone Gabrielle which has reportedly caused more than NZ$12 billion worth of damage to infrastructure and private property. As such, some...
Hello Traders, Hope you all are doing good!! I expect NZDUSD to go Up from here. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime,...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Here is my view for NZDUSD on H4. 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!
NZD/USD ::: The price of the first thing it does is to break this small range box, and after being supported by the support levels, it will move to the middle line of the Big channel, and if it is charged enough, it can also be placed at the ceiling of the channel . <<<< Analyze simply with The_Best_Trader_1991 >>>>
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZD/USD ::: The price has touched the bottom of the channel and started its way to the top of the channel . It will definitely have a number of corrective movements and will not be indifferent to the middle line and the trend line, but finally the price can be seen at the ceiling of the channel .
NZD/USD ::: The trend lines have crossed each other and each one shows different points. It seems that the best option is to sell and then buy .
NZDUSD buy Entry : 0.63663 Stop : 0.63096 , Target1 : 0.64238 , Target2 : 0.64797 Risk/Reward Ratio : 2
Here is my view for NZDUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
I am waiting for the price to fall to the blue support line. I expect a rebound from support and continued growth. TP around 0.64500 GG P.S. This is not financial advice of course, just my idea.