Setup from Previous week still valid; Market Structure Bearish on HTF Weekly Rejection at AOI Weekly and Daily at same AOI Daily Rejection at AOI Strong Bearish momentum Around Psychological Level 0.59500 H4 EMA Retest Around H4 LH REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay...
Looks good to short low risk with dxy being strong and nz unemployment taking a hit @ 4.3 % vs the expected 4.2 % economy contracting.
The Kiwi (NZD/USD) is rising towards the pivot and could potentially stall around this region before reversing to drop towards the 1st support. Pivot: 0.5974 1st Support: 0.5870 1st Resistance: 0.6059 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...
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...
Hello,Friends! NZD/USD is making a bearish pullback on the 2H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 0.595 level. ✅LIKE AND COMMENT MY IDEAS✅
A glimpse of the NZDUSD in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Hello Traders, BUY NZDUSD at 0.5809/0.5788 with SL 0.5795/0.5772 or and TP1 0.64 and 0.6578. Becare and don't tuch trade, Becouse of FOMC Meeting and interest rate news.
My dear followers, This is my opinion on the NZDUSD next move: The asset is approaching an important pivot point 0.5925 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.5937 About Used Indicators: For more efficient signals,...
NZDUSD is in strong bearish 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?
Harmonic Pattern Formation: Anti-Butterfly (XABCD) NZDUSD is currently forming an Anti-Butterfly Harmonic Pattern on the 4-hour time frame. The pattern consists of four distinct legs: X, A, B, and C, with Point D indicating a potential reversal area. Confluence with Trendline and Fibonacci Level: The Anti-Butterfly pattern is accompanied by a...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
My dear subscribers, My technical analysis for NZDUSD is below: The price is coiling around a solid key level - 0.5904 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.5947 My Stop Loss - 0.5876 About Used Indicators: By the very...
Fundamental Analysis supports that NZD is bearish and USD is Bullish. Using ICT and SMC Concept trading. Price rejected from a higher POI level and formed a lower low with a strong FVG in H4 TF. in M15 time frame, the Price formed a new FVG creating a new lower low with a small OB confluence. Set a short trade at the confluence of FVG & OB level. Targeting...
Hello hello everyone, I see a potentially nice trade forming on NZDUSD. A possible 500+ pips to be had as a swing position. As you can see, my bias is bearish. I believe we will target the Relative Equal Lows below. I would have to see price start to move lower in the general vicinity of the illustrated path lines. If I don't get an entry in that area, then I...
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Rejection of a support area, waiting for momentum at 2 pm during FOMC.
Join me in a detailed analysis of key zones and movements on the NZDUSD chart. Let's uncover potential strategies and discuss market implications together. Your thoughts and insights are highly welcome in the comments Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The...
✅NZD_USD went down just As we predicted and is About to retest a horizontal Resistance level of 0.586 From where we will Be expecting a local Bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅