🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: after forming a church in 2007, the price is currently in sideways to upside
phase yet grab all bearish liquidity and now ready for a bull move in my point of view based on the 12-month chart
2:📆Monthly: clear downtrend here, but the last low is not all its lower high, so the downtrend is halted here...
Welcome . The New Zealand dollar pair is in a positive position. The pair is trying to form a head and shoulders pattern. It is a very strong model. This is just a proactive view of the market. and long term business.Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free...
Welcome . The New Zealand dollar pair is in a positive situation. There is a high possibility for the pair to rise. After breaking the flag. It has come out of the transverse rectangle. The pair is trying to retest the channel to resume the bullish trend . Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to...
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 currently standing on horizontal resistance zone of 0.62750 where bulls are trying 4th attempt to breakout from the start of March.
The all previous attempt in March were made when EMA200 was above the price hence bulls were never strong. This time EMA is acting as support in favour of bulls to surpass this resistance.
We can witness upside in...
#NZDUSD
- NZDUSD has been going UP very fast in recent days. The reason for that is because the VIX is down and the strength of the dollar is decreasing. Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due to MARKET RISK ON again this week.
For that, the influence of USD was very strong. Fomc update...
#NZDUSD
- NZDUSD has been going UP very fast in recent days. The reason for that is because the VIX is down and the strength of the dollar is decreasing. Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due to MARKET RISK ON again this week.
For that, the influence of USD was very strong. Fomc update...
As you can see, we expect the price rises, and then in the resistance or supply zone area search for a short setup.
💡Wait for the update!
🗓️05/03/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
I do believe that this market will have to make a correction up to the 0.620 area before going down 0.61380 and then going even more down to do price area around 0.61150.
so what do you guys think? do you agree or not ?!
pls, share with me your opinions !!
Hello traders!
‼️ This is my perspective on NZDUSD .
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. I wait for a retracement to fill the imbalance higher as price formed normal H4 divergence and then to reject from bearish order block.
Like, comment and subscribe to be in touch with my content!
#NZDUSD
- NZDUSD has been going UP very fast in recent days. The reason for that is because the VIX is down and the strength of the dollar is decreasing. Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due to MARKET RISK ON again this week.
For that, the influence of USD was very strong. Fomc update...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
In the specified range in the weekly time, we see 3 trend lines with different slopes. The 1st trend line broke and reached the 2nd trend line with a gentler slope. It fluctuated between the range of 0.61930 and 0.65312. Paying attention to the formation of a ceiling in the range of 0.65312 and above the previous ceiling at 0.64446, we can have another upward...
Nzd Head and shoulder structure but yet neckline is not broken
Now There are two scenario
One price creat double top on Daily where thats resistance push the price down.
Second scenario price break straight forward neckline and goes up in both case wait for proper bearish or bullish price action on Smaller T.F
All the scenario is good but before taking trade...
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 .
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