The NZDUSD chart shows an ascending triangle pattern following a successful test of a strong horizontal support level. The breakout above the neckline indicates strong buying momentum, suggesting that the pair will likely continue to rise, possibly reaching 0.6010.
Waiting for a retest of 0.59395 to short NZDUSD back to Daily swing low at0.58012 If you agree drop a like and if you have any questions leave a comment :)
Hello Everyone, The NZD/USD pair has kicked off with a strong bullish momentum, and what holds significance at this point is maintaining a consistent position above 0.595358. Presently, we're holding steady above the weekly pivot point, signaling positive prospects ahead. Expect further bullish momentum to unfold! TradeWithTheTrend3344
- NZDUSD is currently making LH and LL showing classic down trend. - Last impulse move went down from 0.59332-0.58524, a down move of about 1.36%. - Since making last LL, price has made to 0.5 - 0.618 fibonacci retracement zone. - No bullish divergence has been identified. - Trendline has not captured price.
Hello Traders! Another Fx idea!! NZDUSD had mitigated a strong demand zone on Friday. I completely missed the setup but i have my eyes set on the following. As you know, AUD and NZD correlate heavily! If you look at AUDUSD, that pair also had mitigated a strong demand zone as well. The fact that GOLD and AUD correlate a lot, i believe this demand (and the...
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
NZDUSD making double top. it is changing form buillsh to bearish trend.
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60000 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60000 support and resistance area. Trade safe, Joe.
Its a practice trade NZDUSD with the 20 EMA The idea is to place trade when a signal happens when price action has gone past the 20 EMA . It fun to follow the price action to see what will happen.
NZDUSD is making double top after a bullish trend. now also creating a bearish divergence
NZDUSD has continued to fall recently, with the price falling below the 0.590 mark. Currently, on the daily chart, the market has formed a potential bullish bat pattern. We can currently focus on the support near 0.584. If the market stabilizes at this position, we can pay attention to long opportunities.
NZD USD - W PATTERN PRICE HAS TO FILL LIQUIDITY AT RESISTANCE, make a long entry after break out of down trend as shown in the picture, follow for more live updates....
The price perfectly fulfilled my previous idea. It hit the target level. The market bounced off the support level and made a pullback towards the swap level. FX:NZDUSD made a fake breakout of the previous week's high. I think if the price grabs liquidity above the resistance high, it might move lower because we still have a bearish trend. One thing to mention is...
Harmonic Pattern Formation: Anti-Butterfly (XABCD) NZDUSD is currently forming an Anti-Butterfly Harmonic Pattern on the 4-hour time frame. The pattern consists of four distinct legs: X, A, B, and C, with Point D indicating a potential reversal area. Confluence with Trendline and Fibonacci Level: The Anti-Butterfly pattern is accompanied by a...
NZDUSD is now near an important support zone. 0.58533-0.57922 If the price cannot break through the level of 0.57922, it is expected that there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
OANDA:NZDUSD NZDUSD has drawn a solid divergence, the last dip was the last attempt to go south after which the pair quickly recoiled. I see this as a great opportunity to go long.
OANDA:NZDUSD is declining amid a strong dollar rally. The negative background for the currency pair has persisted for quite a long time and there is no reason to change this tone at the moment. On W1, we can clearly see the general trend on the part of strong bears, who continue to sell off the currency pair and the New Zealand dollar. On H4 it is worth...
Our pivot point is at 0.5953. Our preference Target 0.5898. Alternative scenario The upside breakout of 0.5953, would call for 0.5972 and 0.5984. Comment The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (0.5940) but...