NZ Economist's bold call opens opportunity in NZD? Sharon Zollner, chief economist at ANZ (the country’s largest retail bank), says the RBNZ may lift interest rates to 6% at its next meetings in February (27th) and April. Zollner accounts for 25 basis points in each meeting. This could potentially open some targets to the upside in the NZD/USD, including a...
Bit risky but very good RR on this short set up. Already fully loaded on this idea, but if you are late now you have a greate RR to enter. GL to all!
the weekly nzdusd chart shows strong down trend but with the bullish candle acting as a trigger right on top of a relevant support zone an impulse move up to the unmitigated supply zone is likely to happen
Hello,Traders! NZD-USD will soon hit The horizontal resistance Of 0.6170 from where We are likely to see A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
This is just an update for another sell entry, been holding the sell from date I shared the bias.
While we do not doubt that the risks the RBNZ may have to hike further are significant, we think the RBNZ is being overly hawkish. Slowing global growth and the new NZ conservative government cutting spending will weigh on growth and inflation.
We are in uptren price activated by the first demand let wait for it to come to our second demand
The price perfectly fulfilled my last idea. The market is testing the resistance zone. FX:NZDUSD lost momentum at this zone. Candles are getting smaller. The resistance zone was tested multiple times before, when the market was pushed lower several times. I expect a short-term pullback from this zone. Furthermore, we have a huge bearish divergence. This suggests...
Hello friends In the NZDUSD currency pair, we see a 5-wave pattern consisting of waves 1, 2, 3, and 4. We are currently at the end of wave 5 and there is a resistance at 0.6160 and 0.6175 which can be considered as the end of this wave. Therefore, with the break of the drawn trend line and pullback to it, you can enter the Sell transaction. Crossing the determined...
NZDUSD - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short NZDUSD Entry Point - 0.6149 Stop Loss - 0.6169 Take Profit - 0.6109 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
not much to say speculate but we will be looking for the market to break out on either the resistance area or the support trendline
Price has reach a resistance level and has not been broken for a couple of times
Will have to see how this plays out trust the trend its your friend :).
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price filled the imbalance and could reject from resistance zone. Like, comment and subscribe to be in touch with my content!
Hello Traders, here is the full analysis. The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or...
Nzdusd bullish chart The NZDUSD moved higher today, helped by a report from ANZ that they now expect the RBNZ to hike rates not once but two timesIn this video, I take a look at the rise in the NZDUSD off the report and the shift in the bias for the pair. I also outline the work that needs to be done to increase the buyers confidence after the technical gains
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
OANDA:NZDUSD nzdusd inverse Head & Shouldres pattern buy buy