Hello Traders ! On Tuesday 19 March, The NZDUSD Price Reached a Support Level (0.60608 - 0.60384). Currently This Key Level is Broken ! So, I Predict a Bearish Move📉 TARGET: 0.59730🎯
Preferred direction: BUY Comment: Within frameworks this week, we've been following the buy-priority on the main currencies that compete with the US dollar . It can be assumed that the long-term outlook will most likely be positive for the American currency, but the medium term will most likely take place within the framework of a downward correction for this...
NZDUSD Bullish trend will be active in the coming days. The asset is remain in the bullish now. Twice time rejection done in the parallel line but now I am looking deeply that it will break the resistances levels and will move up in the these coming days to reach at top bullish points which are forecasted and painted on the chart. Kiwi to become the...
On Daily, It tried and failed Resistant 0.6000 multiple times to bounce back off and go Bullish. Overall is Bearish move as NZD is changing their monitory policy. Additionally, It made a Double Top 0.62170 as well. Since USD is stronger than other currencies, this pair is poised to continue Bearish move. On Hourly, it made kind of Head and Multi-Shoulders and...
NZD/USD is falling towards a potential breakout level and could drop lower from here. Sell entry is at 0.59833 which aligns with the 38.20% Fibonacci level. Stop loss is at 0.60013 which is a level that aligns with the 23.60% Fibonacci retracement level. Take profit 1 is at 0.59543 which is close to the 61.8% Fibonacci level. Risk/Reward Ratio: 1 : 1.61 Take...
The price has reached a daily demand area and considering that the daily candle has closed below the area, we expect lower targets. But in the short term, we can expect the price to grow up to the 4-hour supply area, and from there we can expect the price to fall further.
NZDUSD pair continue to make LL and LH. Short position can be taken at quoted level with proper risk management.
the RSI show a bullish divergence and its probably a trend reversal so you can place an order for a buy stop and set your TP manage you risk BUY STOP = 0.60331 SL= 0.59838 TP = 0.60810
Trade Call: Short (Market Execution) Entry: 0.59937 SL: 0.60101 TP1: 0.59790 TP2: 0.59630
A perfect double bottom recognized on the nzdusd chart and divergence playing it's part and placing buy stop,tp & sl according to the books
NZDUSD is in strong bullish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
NZDUSD Bullish Technical and Fundamental Analysis As market mood gradually improves, the NZD/USD pair finds buying demand around 0.6200 and further more it is looking to reach 06300 Investors' willingness to take risks is increased by China's positive Retail Sales figures. The US currency depreciates marginally ahead of Fed policy decisions. 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑 ...
The Kiwi (NZD/USD) looks set to extend its current downturn from the pivot point and drop towards an overlap support at 0.59548. Pivot: 0.59892 Support: 0.59548 Resistance: 0.60304 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
The Kiwi (NZD/USD) is falling towards a potential breakout level and could drop lower from here. Sell entry is at 0.59857 which is a potential breakout level ( wait for the 1-hour candle to close below 0.59857 for confirmation ). Stop loss is at 0.60410 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance. Take profit...
Nzd and aud weak after the news, Ned's been weakened for the past weeks, after a chaoch nzdusd seems to head downward direction, after breaking a minor support we expect a bearish move.
The Kiwi (NZD/USD) is falling towards a potential breakout level and could drop lower towards our take-profit target. Entry: 0.59932 Why we like it: There is a potential breakout level ( wait for the 1-hour candle to close below 0.59932 for a breakout confirmation ) Stop Loss: 0.60304 Why we like it: There is an overlap resistance that aligns with the 38.2%...