The New Zealand dollar has posted considerable gains on Tuesday. In the North American session, NZD/USD is trading at 0.6065, up 0.54% and its highest level since March 21. The Reserve Bank of New Zealand meets early on Wednesday and it’s practically a given that it will hold the cash rate at 5.5%. This would mark the sixth straight time that the RBNZ maintains...
Selling NZDUSD 15min, divergence on 15 min, daily downtrend.
NZD/USD, H4 9 April 2024 The NZD/USD pair has rebounded strongly, retracing up to the 50% Fibonacci level after a recent pullback, and is currently testing its April high. Market attention is focused on the upcoming Reserve Bank of New Zealand (RBNZ) interest rate decision scheduled for tomorrow, with expectations for heightened volatility surrounding the event....
I want to try this sell, in my opinion probable reversal. The real key regardless of any strategy is to have a decent risk/reward . You win and you lose , so be cautious. No financial advice, do your own research
Looking to take potential Short(Sell) Positions upon the retest of the previously formed H4 Supply zone which also confluences with the inner H1 Supply zone further confirming the upcoming strong Bearish Momentum as we monitor the speed in which the market approaches this zone
Use of the Fed's international reverse repo facility - which allows international institutions to deposit money and earn interest - has increased by about $32 billion in the past three weeks, reaching a three-month high of $365 billion. The USD continued to decline as the market maintained caution, pushing up EUR, GBP, and AUD. Currently, traders are waiting for...
My little idea ive been scoping this pair for a while now as u guys can see when I lost previous and right now im seeing what opportunities there is and will execute in my own manners ,thank you for taking your time reading this ,good luck!
NZDUSD has formed a bullish H1 ChoCh. According to my analysis, currently, the candle is forming a pullback to level 0.59650 & continuing the bullish movement again.
NZD/USD is rising towards a resistance level which is a pullback resistance and could reverse from this level to our take profit Entry: 0.60437 Why we like it: There is a pullback resistance level Stop loss: 0.60958 Why we like it: There is a pullback resistance level which aligns with the 100% Fibonacci projection Take profit: 0.59903 Why we like it: There is...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61 support and resistance area. Trade safe, Joe.
NZD/USD: Odds for NZ rate cut? This week the Reserve Bank of New Zealand (RBNZ) is expected to maintain interest rates unchanged at 5.5% Interestingly, as recently as February this year, the RBNZ was still deliberating rate hikes. Presently, the market attributes a 4% probability to a rate cut. The earliest feasible moment for a rate cut could be in November....
NZDUSD (H4) :Its more bearish During Monday's early European session, the NZD/USD pair shows some little advances below the 0.6000 mark. The little increase in the pair is supported by the US Dollar Index declining below the mid-104.00s. The USD price dynamic will be the primary driver of the pair in the absence of official economic data releases from New...
Price below the monthly cloud timeframe Price below the weekly cloud timeframe Price below the daily cloud timeframe I will wait for a pullback on the H1 and H4 timeframes for a sell setup. "Please ignore all buy setups as they are just pullbacks."
Sellin NZDUSD 15 min, divergence and daily downtrend
Title: AUDUSD Current Market Movements: Analyzing Trends and Insights Description: Welcome to our latest analysis focusing on the current market movements of AUDUSD! In this video, we delve into the intricate dynamics of the exchange rate between the Australian Dollar (AUD) and the US Dollar (USD). Whether you're a seasoned forex trader, an investor, or simply...
Examining the red trend of the one-hour time frame, the New Zealand dollar has formed a floor head and shoulder pattern, which has now broken the resistance area of the neck line in the range of 0.6015-0.6008, and now it seems that the rate of May It can increase as high as the height of the pattern up to the Fibo range of 127.2% at the number of 0.6062.
Hi traders. After a continuation correction we can go long now