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...
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...
NZDUSD broke out of the descending channel. It is approaching the fibo cluster level. The market is in a bearish trend. The price dropped from the resistance twice. Price action created the hidden divergence, which is a signal of trend continuation. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello traders, we want to check the NZDUSD chart. The price has broken the uptrend line and is moving in a descending channel. The price has reached the specified key level and we expect this level to play the role of a support level and the price will have a correction up to around 0.62000. Good luck.
NZDUSD broke out of the ascending channel, printing the AB=CD pattern, or equal-measured move, and a bullish harmonic pattern. The D point is complete right at the confluence level and psychological level at 0.61000. We expect buy opportunities at support and Fibo extension levels. ------------------- Share your opinion in the comments and support the idea...
set sell limit order. with your risk managment. it can make down move today.
NZD-USD broke out of the bearish pennant and The breakout is confrmed So we will be expecting A potential move down !
. 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 currently testing the structural resistance, which is psychological as well. It's decelerating while approaching the resistance at 0.63000. The market created a divergence at this level. We expect a pullback from this resistance level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
The NZDUSD has shown notable upward momentum, reaching a significant resistance point on both daily and weekly charts. This video offers an extensive analysis, carefully scrutinizing price actions and uncovering potential trade prospects through comprehensive assessments across various timeframes, spanning from weekly down to 15-minute intervals. Expect a thorough...
Here is my analysis for NZDUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello Traders! This is my perspective for NZDUSD H1. At the moment, we can see a phase of accumulation, I expect a manipulation until 0.6115 and after that, to execute LONG TRADE. Also, the level of 0.61700 is an important level of resistance to follow. Exactly from this level, I expect the distribution and I will look for a LONG TRADE ENTRY. Follow, like,...
FX:NZDUSD has been in a downtrend for nearly two years. However, after reaching a low at the 0.55 zone, which aligns neatly with the pandemic's 2020 low in October 2022, the pair staged a robust recovery, gaining approximately 1000 pips and reaching the trend line once again. Subsequently, a new decline occurred, halting at 0.58 and establishing a higher low on...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . 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...
NZDUSD and EURUSD have very similar price action. Price is consolidating between the 0.62200 - 0.61300 levels. The bulls could not push the price further up, and it created divergence at resistance. We expect a bearish trend; pullback. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
FX:NZDUSD retreats late in the Monday North American session after rallying to a new four-month high of 0.6226, but a repricing for a less dovish US Federal Reserve witnessed a jump in US bond yields. Consequently, the pair tumbled more than 0.80% and trades at 0.6154. The NZD/USD uptrend remains intact, though it is subject to a pullback. If the pair slides...
Here is my analysis for NZDUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Demand zones for long 0.6105 & 0.6068 respectively. stop loss 0.6050, target: 0.6240.