. There is still a possibility of temporary retracement to the suggested resistance line (0.6916). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDUSD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
NZDUSD is in the bearish area on the daily chart on the left. The pair is taking a breather with the stochastic moving above 20. However, further angle and separation in the EMAs and a bearish cross of stochastic potentially reassert downward pressure. To this end, a movement of stochastic below the 20 level and maintenance of that level increase chances of...
At the beginning of this week, we see price breaking 0.69400. This level has served as crucial support, and should be seen as a resistance level. We should see price pullback anytime soon. Then we can look for rejections at the area and take shorts.
After 2 weeks of consolidation above support, NzdUsd can't find enough bids and power for a correction and has broken down. At this point the road is clear for an 100 pips drop
💹NZD/USD ⏬SELL @ 0.72772 ✅TP-1# 0.72400 ✅TP-2# 1.71994 AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals PLZ! LIKE COMMAND AND SHARE Traders, if you like this idea or have your own opinion about it, write in the...
Hello Traders, Looking at NZDUSD its currently giving us a bearish engulfing candle, although not yet closed on the daily timeframe, if this does close it shows bearish pressure. We are also on a huge support zone and a squeeze pattern, if the supported zone gets broken then a push exhaustion push scenario is likely meaning it would be a good trade to short.
Purple Line = Daily SNR/Trendline Red Line = 4 Hour SNR/Trendline Orange = 1 Hour SNR/Trendline If this help you with your trading Please Like, Share and Follow that give me motivation to make another Trading Ideas If you have some suggestion, comment or other opinion feel free to write it in comment Wish you succesfull and consistent trading with profits! This...
Purple Zones = Daily SNR Red Zones = 4 H SNR Orange Zones = 1 H SNR Yellow Zones = 5 Min SNR Blue Lines = Opportunity for trade 1.) SHORT TRADE REVERSAL When Candle close bellow Resistance and next candle form as Bearish( better if it is some Bearish reversal candlesticks like bearish engulfing candle or bearish evening star etc....) open short trade; - Stop...
Prices are approaching 1st resistance, in line with horizontal overlap resistance, 61.8% Fibonacci extension level. Prices might reverse off to 1st support, in line with the horizonal swing low support, 161.8% Fibonacci retracement and 161.8% Fibonacci extension levels. If prices surpass the descending trendline resistance, it may face resistance from horizontal...
We sell this pair because of a strong resistance above. The entry and exit levels have been indicated on the chart. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Wish you more success.
Hello traders, NZD/USD is trading at 0.6996. The price is moving in a downward resistance and support channel, after reversing from resistance level it can start a new down trend. The entry price for the pair is at 0.6984, first target is at 0.6949 and second target price is at 0.6910. Follow proper risk management strategy to avoid unnecessary losses and to...
Entry details are shown on the chart. This trade has been running since this morning. Slight retrace but still progressing. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. Anyone else in shorts and holding overnight? I'll be letting this one run it's course....
dollar recovery was accelerated by today's news but then got an immediate correction (or say side way play) The fact the move has formed an irreversible W formation, I expect the dollar to continue going stronger, the NZD recovered just about 0.5 - 0.638 fib and then started showing sign of retreat, which possibly means no more buyer interests or buyer TP. I've...
Entry details are shown on the chart. This is working our NZDUSD 30M strategy. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen...
Retest with an Evening Star candle. RRR Still believe DXY can go up a bit more
sell on the NZDUSD becuase this currency is moving in channel and going down more....
NZDUSD will move between 0.69247-0.71094 As Market opens it will go to buy.Wait for the Perfect Entry.