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
This chart shows a sideways phase which is a non-trending phase.
H4 bearish. Price retrace to broken support . H1 TF, price formed a lower high & lower low and broken the last support level with a strong engulfing candle . M15 flag pattern was formed, taking a short trade at broken H1 support targeting H4 swing low
Given the robust NFP figures from last week, alongside the deteriorating job market in New Zealand and evident bearish technical analysis, it appears advantageous to consider a short position on NZD/USD. The price remains below the 200-day moving average, indicating a downtrend, and has recently tested resistance at 0.60500. I am targeting a decline to 0.58800 as...
Title: "NZD/USD Analysis: Navigating Bearish Trends with Potential for Momentum Shift" In the realm of NZD/USD trading, bearish sentiments continue to hold sway, painting a dominant picture in the market. However, amidst this prevailing bearish landscape, there are glimpses of hope emerging for potential bullish prospects on the horizon. Zooming in on the...
We looking for selling opportunities as we still inside a bearish channel resulting in impulse moves to the down side