#NZDUSD The analysis is done in the H4 timeframe. Go for a short move in NZDUSD as we already did when the trend line was touch and hit 50 PIPS profit. This time we are going to 100PIPS sell. The chart and pattern were explained earlier in the previous analysis.
#NZDUSD market has shown a long impulse after FMCO news. Now it is on support level and here is a good buying opportunity. If it breaks it too then there will be a long buy from the key level. Analysis in D1 tieframe.
On the NZDUSD daily time frame, we can see a clean break out uptrend channel. We also found it's now creating supply pressure as the seller power increases. We are in a short position, starting the price level at 0.75500.
NZD/USD has dropped to the support level near 0.71 area. This area has supported the price multiple times in the past and even yesterday, NZD/USD rebounded after falling to the 0.71 level. But, the rebound seems weak this time around. The reason behind this could be the FOMC meeting event that is preventing investors from placing any major bets prior to the...
#NZDUSD market is nicely moving according to our setup. Wait for some more correction and then will be sell.
Create little correction before down
Price movement forecast for the upcoming week in NZDUSD (Reversal SKS most-likely). Please, feel free to share your opinion with me.
NZD will going to to support line
NZD/USD has spiked up after the RBNZ meeting. Market participants reacted positively initially and hence, NZD/USD has spiked up to the resistance level. However, the spike may be faded very soon. Price has reached a strong resistance level and it seems like the bulls might not be able to break it. So, based on bearish price action, sell NZD/USD@0.7301-0.7320...
the monthly time frame we are in a clear up channel and I recognize important key levels that treated as support and resistance in the monthly chart. In the weekly timeframe , we see the clear rejection for the monthly key level with the red candle moving to the daily chart we see rejection also and the price was in an uptrend and that trend has been broken with a...
the monthly time frame we are in a clear up channel and I recognize important key levels that treated as support and resistance in the monthly chart. In the weekly timeframe, we see the clear rejection for the monthly key level with the red candle moving to the daily chart we see rejection also and the price was in an uptrend and that trend has been broken with a...
NZD/USD has printed a bearish candle on the daily chart. The bearish candle has formed at the supply zone. So, the chances of further drop can not be ruled out. If the bearish price action in the lower time frames continue , then selling NZDUSD@0.7270-0.7304 with SL above 0.7735 and TP at 0.7150 would be a possible sell signal.
Weekly - Bearish Daily - Bearish with retracement. Confluences Failed to break previous above previous structure. Applied Fibonacci and sharply rejected the 0.786 level Correlates with the DXY and so when the dollar goes up any currency pairs against the dollar will go down. Let me know what you see in the comments below? Trade safely!
Welcome to our Trade Setups - April 27th ( NZDUSD ) ! SELL NZDUSD ENTRY LEVEL @ 0.72036 SL @ 0.72480 TP @ 0.70262 Max Risk: 1% - 3%! Risk/Reward Ratio: 4 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
NZD/USD has recovered well for the last two weeks. However, the recovery is facing some resistance in the resistance area. From the chart, you can see that price has dropped from the resistance zone. Price has also created a small rising wedge pattern which is a bearish sign. So, there's a good chance that NZD/USD will drop from the current resistance...