Resistance Level: NZD/USD faces a crucial resistance level, signaling a possible reversal. Harmonic Pattern: The formation of the XABCD harmonic pattern reinforces bearish sentiment. Anticipated Movement: A downward trajectory is expected, indicating a shift from bullish to bearish. Entry Strategy: Short position suggested upon breach of 4-hour lower...
NZDUSD printing continous Lower Highs and Lower Lows with RSI indicator not suggesting any Divergence. A trade plan with 1% risk is defined using the Fib Retracement Tool.
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL 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 if you have your own opinion about it, write in the...
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is if price makes a retracement to fill the imbalance higher and then rejects from bearish order block + trendline. Like, comment and subscribe to be in touch with my content!
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL 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 if you have your own opinion about it, write in the...
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are still in a bullish market structure, so I am looking for a long. I expect bullish price action from here as price can reject from bullish order block + trendline. I see price to fill the imbalances higher. Like, comment and subscribe to be in touch with my content!
Greetings, fellow traders! The past week proved to be just as volatile as the preceding one. After two weeks of trading, the bulls and bears seem to have reached a stalemate. The news from RBNZ initially caused the exchange rate to drop, but it subsequently rebounded by more than 2000 pips throughout last week. Following the breakthrough of the downward trend's...
a flag is forming. keep on breaking this flag to prove the validity of that flag...risk management is the key
Hello, Successful Traders! $-) Our analysis of the situation shows that the market is locally overbought and the current upward momentum is losing steam. It seems that any upcoming downward movement will be relatively moderate in size, while a fresh surge of growth will surpass the peak reached on January 31st. Furthermore, time also points to the possibility of a...
🎗️Pair of Name : FX:NZDUSD ( New Zealand dollar / U.S dollar ) 🕞Time Frame : 4H ✔️Direction : Long ➕Type : Swing Mid to High 🎓Educational setup. ———————— 🏷️Description -------**-- As we can see, price is not only getting support from the trend line, but also from this channel band that has been formed on its way up. There is also a pattern in this area. I will...
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,...
NZD-USD will soon hit A horizontal resistance Of 0.8284 from where I will be expecting A local move down !
Hello traders, we want to check the NZDUSD chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to play the role of a resistance level and the price will fall to around 0.500. Good luck.
Hello traders As you can see the market maker sell model is forming on the NZDUSD 15 minutes chart and now we are on the second distribution phase. We looking for a mid-term high form in the premium, then the price goes down for the sell-side liquidity as a final target. Simply put, the market structure shifted after touching the 4-hour bearish order block and...
Let's take a look at what happened in the NZD/USD market last week. There was some manipulation going on with the prices. We were actually expecting the market to rise due to some planned strategies by the buyers. However, we had a change of plans when the market rose without breaking the low of 0.60620 from January 23rd. This made us shift our perspective and...
NZD-USD broke out of the bearish flag and The breakout is confrmed So we will be expecting A potential move down !
Dear Traders, Hope you had a great weekend, now looking at the big picture of NZDUSD, we think price will likely to reverse after touching our area, DXY may become reverse in a week or two, while the pair is yet far from our entry point. We expect smooth drop; ensure you take appropriate risks when trading. Like our idea and comment your views!
A comprehensive analysis spanning multiple timeframes presents a bearish outlook, augmented by fundamental factors. On the monthly chart, there's a clear rejection at a significant resistance level, indicating strong selling pressure at these price points. Shifting to the weekly timeframe, a notable observation is the breach of a critical support level, which has...