25% chance of RBNZ rate hike on Tues? The Reserve Bank of New Zealand (RBNZ) is likely to maintain its interest rate at the existing 5.50%, yet there might be a notable 25% probability of a 25-basis points hike. Why? In part, the RBNZ provided a hawkish signal post its recent meeting. The RBNZ's forward guidance suggests an inclination towards future hikes,...
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 we have a reversed chart of the major currency pair KIWI ! As you can see clearly the daily pump is holding on to the blue support line which happens to be SMA50 . This can strongly indicates a BOS AKA a Break Of Structure .
Hey, Traders! Our trading strategy showed a shift of initiative to the bulls. The upward movement is expected to exceed 0.6178 and break the key high of the downtrend, which has lasted since Dec 28, 2023. We closed the existing short positions and opened a buy trade for the entire equity limit.
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.
Hello Traders It seems NZD/USD is going to make a diagonal correction. it is possible, since we are bullish on USD. so we are expecting the price will reach 0.60 and 0.595 levels eventually. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published...
In the NZD/USD pair's daily timeframe, a bullish trend seems to be forming, evidenced by an ABC pattern. Following the completion of the last impulse, which underwent a 50% correction, there's a potential setup for further upward movement. Traders may look for confirmation signals such as breakouts or bullish candlestick patterns to validate this bullish bias...
BUY opportunity on 4H To notify analysis and the free signals: Boost and follow, Comment for more. Observe the money management (Use 1~3 % of your balance for each signal) and the stop loss.
We expect further upside on this pair, signalled by the key level breakout. We can also see a change in market structure from bearish to bullish which supports our directional basis.
Price was unable to break and close above the blue zone so am looking for a 4h close below the blue zone within structure and a retest and a lower low on the 30 min time frame but am mindful that Mondays can be quiet plus the action may not start until after tomorrows CPI
Demand zone for long 0.6060-40, stop loss: 0.6025, target: 0.6180
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 expect bearish price action from here as price filled the imbalance and could reject from resistance zone. Like, comment and subscribe to be in touch with my content!
Hello Traders, here is the full analysis. The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or...
Price reached a supply zone which was the goal this week. Looking for bearish momentum to occur if enough sell orders are there. Will be waiting for more confluences to take a sell.
We expect further upside on this pair, signalled by the symmetrical triangle pattern breakout. We can also see the breakout of a trendline and key level which further supports our directional basis.
As I explained in my previous post, everything seems to be working out fine, and in profit. We are looking for a break above the neck and possible retest to add more longs.
. 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
The Business Confidence report for New Zealand's NZD/USD reveals a positive shift in business sentiment, with a rise to 36.5 in January from the previous figure of 33.3. This indicates an optimistic change in how businesses perceive the economic environment. However, the NZD Activity Outlook, measuring firms' expectations for their own activity, witnessed a slight...