Hello traders. A possible short setup for tomorrow. This pair is looking likely to continue its downtrend. We are now below the 50% RSI and we have just encountered an impulsive move down with a retracment back to the 61.8 (The strongest level in my opinion) we still need confirmation, however this is looking like a good opportunity. I will keep you posted 📬
-After the most recent bearish push, price found support at the .6000 area and formed a Lower low - Price found support and formed a double bottom, which is a candlestick reversal pattern and made a bullish push. -Price then met resistance near the .62500 area and formed a somewhat doji candlestick, showing indecision and hinting at a possible reversal. - I am...
Hello Traders In This Chart NZDUSD DAILLY Forex Forecast By World of Forex today NZDUSD analysis 👆 🟢This Chart includes_ (NZDUSD market update) 🟢What is The Next Opportunity on NZDUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How...
We can see price continues to be bearish on multiple time frames. This is followed by a trendline breakout on the daily time frame as well as a channel pattern breakout.
NZD-USD is trading in a Downtrend and broke Out of the bearish wedge So I think it will fall further !
Very simple trading pattern forming in the direction of bigger picture trend. We will wait until we see a bullish correction on the smaller time frames before looking for an entry. Once this correction is complete we will then enter short as long as we think we can achieve a minimum of 1 to 3 risk reward on this particular trade.
#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...
I just entered with a short on this pair, on15min it overbought, hit the resistance and rejected
A breakdown of May 12 low at 0.6182 will further drag the price toward May’s low at 0.6160 followed by April 26 low at 0.6117. The Relative Strength Index (RSI) (14) is signaling further weakness ahead.
Nice entry point for a good short with low risk. My entry is on chart.
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...
🔆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 . According to my analysis of the pair nzdusd. There is a high probability to the upside, as the horizontal area was broken by a very positive green candle .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 content. Thank you
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...
NZDUSD intraday trading alert 3 simple steps to find a quality setup ! Risk Reward Ratio 1: 2 Anyone same idea with me? BUY NZDUSD Good luck traders..
🔆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...
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...