NZDUSD has bounced from trendline support prior to the USD 3 Month Bill Auction, which reveals the yields on the US Government backed security. Technically the pair has bounced from the trendline and the RSI has turned positive, and we are seeing USD weakness so far this week.
The resistance is so strong - But pricing down makes for SELLER to be hearthbreaking - All in SELL Then now - We cwaiting for WHALE minus the SELLER by LONG it at these price on chart
After the false break under 0.69 support, NzdUsd quickly reversed and has risen more than 350 pips in not even a month. Now the pair is consolidating, but 0.7070 is a very clear base. I'm expecting a break above resistance and continuation to the upside. Dips should be bought IMO
Price is reacting above pivot level at 0.70850, in-line with 23.6% Fibonacci retracement level, 61.8% Fibonacci extension level and 50MA. Price could potentially swing towards resistance at 0.71700 which coincides with 100% Fibonacci retracement level and 127.2% Fibonacci extension level. Stochastic is also at ascending trendline support for further...
Price rebounding from the Weekly Trendline. Target 0.69500 (160 pips)
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The NZD/USD pair closed the first day of the week virtually unchanged and continues to move sideways during the first half of the day on Tuesday. Today the price was able to...
NZDUSD Is ranging between this resistance and support while fighting against a downtrend too, if we see a break of this support area we can enter a sell and possibly test the new support at 0.695 area, if however we this support area holds and we break the downtrend and resistance of 0.71500 we can expect this pair to test the resistance of 0.72500 to continue the...
Price is reacting above pivot level at 0.70920 which is in line with 23.6% Fibonacci retracement level, 61.8% Fibonacci extension level and 50MA. Price could potentially swing towards resistance at 0.71700 which coincides with 100% Fibonacci retracement level and 127.2% Fibonacci extension level. Alternatively, price could potentially drop to support level at...
Two signals for sale And I'm waiting for the third signal to take a short position
Trade details are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue arrow is entry point and purple line is stop loss. Previous trades shown on chart also both of which hit TP targets. Trade history can be seen at the foot of this trade idea too for full...
NZD - Strong Bullish 1️⃣ Positive sentiment in the market supports the strength of high-beta currencies such as the NZD. 2️⃣ New Zealand retail sales rose 3.3% in the second quarter, following a 2.5% increase in the previous period. 3️⃣ New Zealand Prime Minister Jacinda Ardern says that COVID-19 lockdowns outside Auckland territory will be relaxed to level 2...
Price is reacting above pivot level at 0.71300 which is in line with 127.2% Fibonacci retracement level, 161.8% Fibonacci extension level and trendline resistance-turned-support. Price could potentially swing towards resistance at 0.72130 which coincides with -61.8% Fibonacci retracement level and 200% Fibonacci extension level. Alternatively, price could...
We consider buying this NZDUSD pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
NZDUSD correction may reach 0.7074-0.7090 after that, bullish trend will continue . I am waiting for buy .
Result : +155 Pips ✅✅✅ Last Analysis in 29.Aug.2021 : As we can see, the New Zealand dollar / US dollar pair has managed to break its bearish trendline , but given that the price gap from the broken trendline is small , we must wait for confirmation. we expect that after a pullback to the broken level it will be able to move to its next target which is 0.709 . ...