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...
🏃 NZDUSD is moving near a 🟢 Heavy Support zone($0.6110-$0.6050) 🟢. 📈Regarding Classic Technical Analysis , it seems that NZDUSD has succeeded in forming a Double-Bottom Pattern , and we are currently witnessing a pullback to the Neckline . 🌊In terms of Elliott wave theory , NZDUSD seems to have completed 5 impulsive waves and is currently completing ...
Hello Traders, Hope you all are doing good!! I expect NU to go Up from here. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence,...
hello guys NZDUSD Formed an inverted head and shoulder on a daily key level during the formation the price rejected a supply zone many times it also plays now as a neckline for the pattern if the price manages to break and retest it may be a very good entry for a buying opportunity
. 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
. 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
NZDUSD looking for buys , respecting the bullish trend NOTE: 1.Risk Management is crucial 2.Money management is your guide 3.Trade responsibly
. 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
NZDUSD is trading in descending channel and printing consistent LLs LHs. and is about complete ABCD pattern at strong daily support level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the buy momentum continues the next target could be 0.6270 What you guys think of this idea?
From a fundamental perspective, this pair has aggressively recovered upward. This is attributed to the downward trend shift of the dollar and projections for the NZD, which include talks of a potential interest rate hike in the first quarter of the upcoming year. However, the U.S. economy is showing signs of cooling down, leading to projections of rate cuts...
📈 Market Analysis - Buy Opportunity 📉 Pair: NZDUSD 📊 Technical Analysis: Forming a rising wedge pattern on the 30-minute timeframe, NZDUSD has also reached the higher low area of the uptrend line in the 4-hour chart. 📉 Expectations: Anticipate a re-test of key support levels, as highlighted in the attached chart. 📊 Trading Strategy: This trade is based on a...
I much prefer this price action than on AU, but will be looking to see how the next 4h closes, the entry I would be looking for would be a pull back and rejection from the blue line with a 1h bullish engulfing, otherwise I will wait for the breakout either side of structure
NZDUSD is showing strong bullish trend in a parallel rising channel. There is no divergence at the price is bouncing at the trendline. Strong probability of bullish trend by setting TP at the top strong resistance. Will it go up?
Looking to go long into this pair for next week, I believe there will be a pull back however im not sure that it will not be deep enough therefore I will be waiting for the break out with a 4h close and a retest on a lower time frame then Higher high close to look for entries
my outlook on NU this upcoming week. NU has been moving with the trend beautifully and will most likely continue to do so for another while. make use of it while its still here as always, follow your trading rules and position yourself wisely