Upside is the overall bias on this pair, we either are going to ascend smoothly from here or we will see a dip into the order block before reversals.
We see a clear resistance at the bottom of the 15mins chart, likely to retest to the upper limit. General trend on the 4h and daily is also an uptrend.
Long position NZDUSD, targets at 0.7250-0.7265, extended TP at 0.7285
ENTRY: 0.7200 OR BELOW SL: 0.71854 (11 PIPS) TP: 0.72349 (RRR:1 :3.5)
Price is facing bullish pressure from our support in line with our fibonacci confluence where we could see a further bounce above this level.
Hey tradomaniacs, welcome to another free trading-setup. NZD/USD: Daytrade-Execution Market-Buy-Order: 0,71670 Stop-Loss: 0,71370 Point Of Risk-Reduction: 0,71955 Take-Profit: 0,72370 Stop-Loss: 30 pips Risk: 0,5% - 1% Risk-Reward: 2,40 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more?...
Well this as formed a head and shoulder pattern where as buy takes control for 100 PIPS I don't think usd's buy strength effect would NZDUSD because economic and pandemic is strong and good
Simple Uptrend Analysis, my bias for the USD is down so the chances for this to hit it's target I would say it's quite high.
Welcome traders to a free top down analysis breakdown. Today I am highlighting possible trade ares on NZDUSD, if you any questions on the pair let me know in the comment section below. Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful . If you liked this free...
NZD - BULLISH 1️⃣ Risk sentiment received a boost from President Biden’s previously announced US$1.9 trillion coronavirus plan, despite lawmakers from both parties lobbying White House officials for a more targeted relief bill. 2️⃣ Positive risk tone support the antipodeans. USD - BEARISH 1️⃣ Renewed hopes of further stimulus in the US. President Joe Biden's top...
Hello traders, NZD/USD is trading at 0.7206. The price is trading in a upward resistance and support channel and can continue the same trend. As the price has touched its support level it can rebound back from here to continue trading in upward resistance and support channel. If the price breaks 0.7217 price level, it can continue its upward trend and then its...
Waiting for price to pull back to the demand area of 0.71000 which is also the low of the previous week. Target is in the 0.73000 supply area.
Now that the neckline liquidity has been purged we can look to trade the true move to the downside if we manage to get a clean structure crossover as illustrated. COT Data - 56.4% Short
Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : NZD/USD ⚪ Technical Analysis : In the weekly time frame, since March 2020, the price has been following a strong uptrend and...
I am expecting a slight retracement to lure more sellers into the market before we see continuation into the prior highs. The sentiment is heavy selling this pair so I will continue to buy.