The NZD/USD declined towards 0.5871 on Tuesday reflecting a loss of 0.46%, despite. The pair's movements are largely influenced by the market’s adjustments of their expectations and the delay of a rate cut by the Federal Reserve (Fed) by year-end. Rising Treasury yields are also applying downward pressure on the pair. On the data front, in March, Building Permits...
The price perfectly fulfilled my previous idea. It hit the target level. The market bounced off the support level and made a pullback towards the swap level. FX:NZDUSD made a fake breakout of the previous week's high. I think if the price grabs liquidity above the resistance high, it might move lower because we still have a bearish trend. One thing to mention is...
NZD USD - W PATTERN PRICE HAS TO FILL LIQUIDITY AT RESISTANCE, make a long entry after break out of down trend as shown in the picture, follow for more live updates....
NZDUSD making double top. it is changing form buillsh to bearish trend.
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 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,...
Intraday Bullish: The price is a bullish trend making HH and HL. As long as 0.58945 is support look for long positions and target 🎯 0.60100
Preferred direction: BUY Comment: The New Zealand dollar duplicates the sentiment of its older brother, the Australian dollar . Since last week, the buy priority has been maintained, and only the growth target has been changed, which we are considering at the level of 0.59857 . Setting a goal higher than 0.60000 will be a rather risky idea, so it is best...
OANDA:NZDUSD Technical analysis suggests that the correction in the NZD/USD currency pair is likely over. Based on the available evidence, the recent downtrend in the NZD/USD pair is expected to end and we should see an upward movement in price. The 0.59588 level can be considered as a good entry point for long positions. Important notes: Do fundamental...
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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NZDUSD - Buy Stop - Bullish Trend - Looking to Buy when R1 and Fib Level 0.38 is broken
The Kiwi (NZD/USD) has made a bullish reaction off the pivot and could potentially bounce higher towards the 1st resistance. Pivot: 0.5930 1st Support: 0.5883 1st Resistance: 0.5974 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...
NZDUSD in 4h timeframe chart is printing double bottom reversal pattern with bullish divergence. I'm doing long instant at Market Price with Stop Loss below at double bottom level.
Hello,Friends! We are now examining the NZD/USD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.608 level. ✅LIKE AND COMMENT MY IDEAS✅
Our pivot point is at 0.5953. Our preference Target 0.5898. Alternative scenario The upside breakout of 0.5953, would call for 0.5972 and 0.5984. Comment The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (0.5940) but...
Price at 0.59400 resistance level showing some weakness Inflation declining in NZ. Inflation rising again in the US Better GDP and employment data in the US compared to NZ 10 years bond yield spreads in a downtrend COT report showing 62% of Non-Commercial positions are short for NZD
A potential short to the 0,55715 level before we see price rally to the upside. (Check out DXY idea, opposite correlation)