After almost losing 5% against the USD in recent times price has stabilised somewhat. A retracement or reversal is long overdue now. RSI also indicating divergence and a double bottom has formed. Everything indicates for an upside push which I believe is around the corner. Always use your own analysis and correct risk management. Let me know your thoughts. Cheers
Hello traders , NZDUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe. In this currency pair, waves 1, 2 and 3 have been completed and now we are inside wave 4. Wave 4 is very long in terms of time and is in normal condition in terms of Fibo. We think this wave is complex and from this...
TVC:DXY FX_IDC:NZDUSD - Long FX_IDC:EURUSD - Long FX_IDC:AUDUSD - Long FX_IDC:USDCAD - Short As always trade safely but I think we are going to have a trend break soon and it's going to jump up. DXY is an absolute disaster waiting to happen too much money printing and everyone keeps buying it. Omicron is not reason the markets keep falling it's because...
Price has come onto a strong Weekly support i expect a pull back to 0.68fibb. and to come back to test the trendline that was broken.
Hello everyone, I am trying this trade with 7pips sl lets see how it will go
Intraday trading based on supply-demand and volume analysis
FX:NZDUSD This pair is going to retest the broken trendline and is currently sitting on a strong support line which comes from 10th November 2020. The pair is going to climb up to retest the trendline at 0.70445. We can catch about 230 pips on this pair.
Long term uptrend for NZDUSD Golden cross can be seen corresponding to the right shoulder of the inverse H&S Comparable points in green ovals Alike with AUDUSD, very similar points can be drawn between now and in the past. Heres the post.
It's about fundamental and wait for signal(1,2,3..) in h1 and then enter your positions
NZDJPY after making a swing high of 82.517, is trading in a bull flag/pennant pattern. If 79.400 area is broken it will fall more sharply. Two plans to look into; Plan 1 Buy at 79.400 - 79.300 SL: 79.200 TP: 80.170 Plan 2 Sell at: 79.200 SL: 79.450 TP: 78.380
Price is in the structure level (Black-Line) If we break the yellow line we get the first green line If we break the first green line we get the second green line
Hey traders, we are monitoring NZDUSD for a buying opportunity around 0.692. Once we will receive any bullish confirmation the trade will be executed. Trade safe and use proper risk management! Joe.
we are at the botton of the channel so we should look for up trend signs for example a strong candle stick pattern in h4 or d1 thank for like and share
looking for NZDUSD to start buying as the dxy drops. We are about to play into a nice orderblock/poi and i would like to see a reaction from there with bullish price action. There are two potential entries that you could take. I would risk 2% on the first entry and 1% on the 2nd entry DISCLAIMER: I am not a financial advisor and nor is this financial advice....
Hi everyone this is my trade set up for the NZD/USD for the new week ahead POSSIBLE 1 SCENARIO i think NZD/USD will possible push up for a buy trade if it rejects the trend line which it has done on a few occasions now and should go up to the area of 0.70780, then will push down later in the week for nice sell trade and will break the trend line to lower levels of...
Hello Traders , Welcome to this analysis, we are looking at the NZDUSD, the 1-hour timeframe. My trading strategy is based on the simplicity . Please don't forget to FOLLOW , LIKE and COMMENT . If you like my analysis. Thank you and Good Luck!
We may have support forming on NZDUSD continuing to watch the US Dollar is due for a correction. - New Zealand Debt $156 Billion - US Debt $28.9 Trillion - Inflation is high in NZD however it's also high in US from money printing. - The money should be printed in US soon and it's going to cause the currency to fall - US can't afford an interest rate hike - NZD...