Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60400 support and resistance area. Trade safe, Joe.
FX:NZDUSD bounces and strengthens towards MA-200 and resistance of the current trend on H1 against the backdrop of the dollar index correction. On D1 the medium-term outlook is clear. There are no prerequisites for the change of the global trend and most likely the fall after the resistance retest may continue. The dollar also at the moment does not give...
FX:NZDUSD reaches the previously outlined target. The trend remains and has a bearish direction, the structure of which is preserved and the direction of price movement can be continued. A retest of 0.5940 is formed on the background of yesterday's news and a slight weakening of the dollar index. The currency pair is strengthening within the downtrend,...
As we i have shown the anslysis of the 4H strucure, this TF also shows the shift that support the reversed outlook of the pair. Now, we take tha short trade in a confident way. Continue learning.
NZD/USD meets with a fresh supply on Tuesday amid a goodish pickup in the USD demand. Rejection near the ascending channel hurdle and the subsequent slide favors bearish traders. Investors now look to US macro data for some impetus ahead of NZ jobs data on Wednesday.
🏃 AUDUSD is moving near the 🔴 Resistance zone($0.598-$0.593) 🔴 and managed to break the Support lines . 📈From the point of view of Classical Technical Analysis , it seems that AUDUSD has succeeded in forming a Head and Shoulders Pattern . 🔔I expect AUDUSD to fall at least to the 🎯 Target 🎯 I have specified on the chart. New Zealand Dollar/U.S.Dollar...
Preferred direction: BUY Comment: The outlook for the New Zealand dollar is the same as for the Australian dollar . In both cases, we are likely to see new local highs, but growth is limited, in the case of NZDUSD this is the level of 0.59857 . We are considering two options for the development of events. The most likely scenario is №1 , and scenario...
Using market structure we've determined where the key mitigation points are and have projected a down move towards demand. Lets see how this unfolds.
The NZD/USD currency pair has been consistently adhering to a downward trendline, signaling a bearish bias in its price movement. This trendline serves as a guide for identifying potential selling opportunities in the market. Based on this trendline analysis, a confirmed sell zone has been established, with a sell entry point identified at 0.58874. This level...
Looking for Impulse Down. Nzdusd will start to move down soon on retracement. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments. Learn & Earn! Wave Trader Pro
Today's fundamentals are very bullish for NZDUSD. The price is currently forming a high momentum bullish candle on a daily, violating a key horizontal resistance. It opens a potential for a further bullish continuation next week. Goal - 0.6058 ❤️Please, support my work with like, thank you!❤️
According to the price chart, NZDUSD will probably fall in the 4-hour time frame and will go down to the 0.57540 range. This is an idea that has a lot of potential to be realized, but it should be entered into the transaction with capital management and with low risk.
Market Analysis: NZD/USD Attempt Another Recovery NZD/USD is also rising and could extend its increase above the 0.6000 resistance zone. Important Takeaways for NZD/USD Analysis Today NZD/USD is showing positive signs above the 0.5925 support. There is a key bullish trend line forming with support at 0.5940 on the hourly chart of NZD/USD at FXOpen. ...
Technical Points 1- Dow Theory works on Bearish side 2- Bearish Trend Line shows the continue of bearish trend 3- Fib retracement at 0.236 work as Resistance 4- Double Top also indicate the bearish trend 5- AB=CD also show strong indication of Bearish Trend
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect downside move after price filled the imbalance and rejected from bearish order block + institutional mid figure 0.60500. Like, comment and subscribe to be in touch with my content!
My first publish in a while, I'm anticipating a buy on Nzdusd, hop onto it.
The NZD experienced a sharp decline following disappointing fundamentals reported this evening, 4/30/24 at 6:45. The weekly chart indicates that the price has retested a long-term ascending trendline originating from October '22. Market participants are now awaiting a pullback to confirm further downside intentions. The first significant previous low is around...
Hello,Traders! NZD-USD broke out of The big opening wedge Pattern and the breakout Is confirmed so we are Locally bullish biased And we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!