NZD/USD is also rising and could extend its increase above the 0.5915 resistance zone. Important Takeaways for NZD USD Analysis Today · NZD/USD is gaining bullish momentum above the 0.5870 support. · There is a short-term contracting triangle forming with support near 0.5885 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis On the...
NZDUSD is rising towards an overlap resistance and could potentially reverse to drop lower towards our take profit target. Entry: 0.59284 Why we like it: There is an overlap resistance level Stop Loss: 0.59893 Why we like it: There is a pullback resistance that aligns with the 78.6% Fibonacci retracement level Take Profit: 0.58575 Why we like it: There is a...
The NZD/USD exchange rate is steadily advancing on Thursday, driven by an improved risk appetite fueled by speculations that the United States Federal Reserve (Fed) has finished raising interest rates. As a result, a decrease in US Treasury bond yields has weakened the US Dollar (USD), providing support for the pair. At the time of writing, the NZD/USD is trading...
my entry on this trade idea is taken from a point of interest above an inducement.. I DIDNT extend my stoploss area to cover for the whole swing so be aware that price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
There is a possibility of forming a downward pattern. Therefore, for now, we should wait for the confirmation of the candle under the area, and then enter the position of the cell.
HI. After its recent fall, this pair has now reached a support zone DXY will soon be retracing according to our analysis that will help us get into the buying opportunity on NZDUSD. what you all think? comment down your views let's discuss
Hello,Friends! NZD/USD is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level...
My dear friends, Please, find my technical outlook for NZDUSD below: The instrument tests an important psychological level 0.5915 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.5843 Recommended Stop Loss - 0.5948 About Used...
Good evening everyone! Don't forget to put your thumbs up and write comment if you like the idea. From current prices, I expect a local decrease in the asset to close the imbalance and then plan to start working from the long, provided that tomorrow there will be negative news for the dollar
.6 Mqp Slanted demand Dollar weakness Divergence Same price of November 2022
That easy. Just intuitive. Will break the resistance and go up for a while
Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about NZDUSD. NZDUSD is making falling Wedge Pattern in daily timeframe. Here it has Maximum chances we can see a good Bullish wave here. In this move we can see price around 0.62 soon. Keep in touch we will update further soon.
Due to break of structure and also breaking on 4H timeframe 200MA, there is a sign of bullish momentom. A risky trade on my side, but due to the multiple facts hopefully this is profitable
USD/CHF Short • If price corrects and a tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this...
NZDUSD broke and retested a weekly support now turned into a resistance. EMA's have a correlation from the weekly to daily and H4 timeframe. All our technical tools are giving us the confluence to go short. As an extra confluence and confirmation; the DXY (dollar index) is currently on a bull run leaving NZDUSD having a negative correlation with the dollar since...
On the weekly chart, it appears that a symmetrical triangle wedge is forming. Eventually, a breakout will occur once price has funneled towards the corner of the wedge, which will most likely start a new, strong trend in either direction. Until then, I will keep watching for setups that can occur within the wedge and currently, I feel we might see a bullish...
As u can see nzd has took the idm and mitigating the breaker order on the buy before the sell candles we can sell with small stop loss