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...
Have marked up the chart based off the 1 hour chart. Daily is likely to continue bearish if you look at the higher time frames. Set your alerts and enjoy your day
Fundamental Analysis supports that NZD is bearish and USD is Bullish. Using ICT and SMC Concept trading. Price rejected from a higher POI level and formed a lower low with a strong FVG in H4 TF. in M15 time frame, the Price formed a new FVG creating a new lower low with a small OB confluence. Set a short trade at the confluence of FVG & OB level. Targeting...
Rejection of a support area, waiting for momentum at 2 pm during FOMC.
Join me in a detailed analysis of key zones and movements on the NZDUSD chart. Let's uncover potential strategies and discuss market implications together. Your thoughts and insights are highly welcome in the comments Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
My first publish in a while, I'm anticipating a buy on Nzdusd, hop onto it.
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...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Looks good to short low risk with dxy being strong and nz unemployment taking a hit @ 4.3 % vs the expected 4.2 % economy contracting.
✅NZD_USD went down just As we predicted and is About to retest a horizontal Resistance level of 0.586 From where we will Be expecting a local Bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
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...
🏃 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...
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, BUY NZDUSD at 0.5809/0.5788 with SL 0.5795/0.5772 or and TP1 0.64 and 0.6578. Becare and don't tuch trade, Becouse of FOMC Meeting and interest rate news.
I am speculating NZD/USD to test the 200 moving average. Once There is additional confirmation from other pairs, DXY and signs of bearish reversal I may enter a short swing trade. Let me know if you have different ideas!
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59400 support and resistance area. Trade safe, Joe.
NZDUSD was in bullish retracement for last two weeks. At the moment we see a good bearish setup, if plays well can give good returns. Keep an eye!