Preferred direction: BUY Comment: The outlook for the New Zealand dollar is the same as for the Australian dollar . In both cases, we are likely to see new local highs, but growth is limited, in the case of NZDUSD this is the level of 0.59857 . We are considering two options for the development of events. The most likely scenario is №1 , and scenario...
Markets next move awaits Fed speeches this week In April, the US economy saw a modest increase of 175,000 jobs, marking its slowest growth in six months, notably below market projections of 243,000 and a considerable drop from the robust 315,000 jobs added in March. So, now we know the NFP data from last Friday, has this changed investors' outlook for fed...
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...
NZDUSD is currently trading bearish, and there is a good entry in 15 min time frame Risk to reward: 1:3 Comment your opinions regarding this trade.. Also, follow me for more such trades
OVERALL GAME PLAN * Currently in a sell position for NZD/USD SELL 0.10 ANALYSIS IN MY FAVOR * Overall trend is a bearish trend * Currently at resistance ANALYSIS AGAINST ME * Short term trend is a bullish trend
As of the most recent data, the NZD/USD pair is trading at approximately 0.6010. The currency pair has been exhibiting fluctuations within a defined range, showing signs of both resistance and support at critical technical levels. The NZD/USD pair is currently trading just below the Ichimoku Cloud. This positioning suggests a bearish sentiment in the market, as...
Preferred direction: BUY Comment: The New Zealand dollar is also seen in favor of buyers. Here, the expected growth according to the two scenarios is in many ways similar to the situation for the AUDUSD currency pair. Here, too, the most likely scenario is an increase from current prices (scenario №1) . A less likely scenario involves a preliminary fall...
Hello,Friends! Previous week’s green candle means that for us the NZD/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.583. ✅LIKE AND COMMENT MY IDEAS✅
Bat (Bearish Harmonic Reversal) pattern in NZDUSD observed in 4 hours timeframe. The bullish trend reversed as expected from point D (potential reversal zone). The current bearish trend can be used to take short positions.
OANDA:NZDUSD It seems that the NZD has found support and is ready to rise again. I will be targeting the level of the last high. This should be a moderately risky trade with a tight stop.
Hello,Traders! NZD-USD has retested A horizontal support of 0.5976 And we are seeing a bullish Reaction so I think that The pair will go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Trade Plan - Bullish Reversal Pattern BAT PTZ - D is confirmed with Divergence Wait for HH and HL Sequence before BUY-Stop Pending Order
Showing ABCD Setup Making higher high and D is potential Sell Zone looking for any seller come in and will take a short entry
Respectfully and greetings to all esteemed traders, today we are here to analyze and review the New Zealand dollar. This currency is facing very attractive fluctuations and on June 16, it had a strong confirmation for a decline. However, currently, there are strong indications for price increase and cash accumulation. I have prepared a simple and appealing chart...
Preferred direction: BUY Comment: The New Zealand dollar is also considered in favor of a buyer in a short-term deal. The target is still at the level of 0.60713 . Both previously published scripts are already in production. It should also be noted here that more medium-term prospects will most likely be in favor of the US dollar , and you should not count...
Based on EMAs I think we still have a bullish trend