NZDUSD reverses a strong uptrend with a false breakout and strong momentum decline. A local downtrend is being formed, upon the breakdown of the support of which the fall accelerates. The instrument closes the trading session at its daily low Potential price movement of 80-90 pips. Inside the day, the price closes at its low, I think what to expect to continue...
Daily: Has broken out of ascending channel, breaking structure forming a LH. larger bearish candle on Friday . 4H, Price has made good bearish structure to the downside tapping back into a previous POI. Assessment: Waiting for price to pull back to POI, show oversold on the Shoch and MACD reversal sentiment.
Fundamentals: NZD hiked rates by 50 basis points but surprisingly the language used was dovish. Increasing mortgage rates, softening property market and Reserve Bank behind the inflation curve are all weighing down on the Kiwi, possibly the reason behind why NZD sold off this week. Currently maintaining a negative directional bias short term especially if data...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Market is Completely Unpredictable Because of The War, So Trade With Caution Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or...
NZDUSD reach our near Target watch old analysis for more follow us & like
The NZDUSD price is still playing the trend of going down, just like the other pairs with USD. And also, there might be a possible retracement next week given the fact that it looks exhausted on the indicators that we are using. However if we are going to look at the higher timeframe, it still looks bearish and just the start of it. I just said it might reverse...
Price has been making LH and LL's, broken 4h structure and potentially formed an new LL. Waiting for price to pull back to supply levels for continued drawdown. Multiple options depending on price action within supply zones. Waiting for MACD reversal and Stoch to show over-brought as confluence when sell order is placed.
Hey traders, in the coming week we are monitoring NZDUSD for a selling opportunity around 0.67 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Level of interest marked on chart. Confluences - TRENDLINE TOUCH, FIB 50%, EMA, STRONG RESISTENCE LINE.
Hey traders, NZDUSD reached a key level this week. We were looking for an intraday confirmation to buy the market. Our confirmation was an inverted h&s pattern on an hourly time frame. We bought a retest of a broken neckline. 70 pips of pure profit made! Great winner! ❤️If you have any questions, please, ask me in the comment section. Please, support my...
Pair Name : NZDUSD TimeFrame : 4Hrs Direction : Short Type : Swing Target Range : 200 Pips ----------------------------------------- TP/Down +170 Pips ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you...
We have broken a rising wedge and are now retesting the bottom trendline potential 5:1 RR
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
NZD/USD gives Strong sell. Current price is at strong Supply zone and complete its Bearish Trend now NZD/USD falls more then 250 pips
💡 This would be the perfect example of a continuation trade using SMC with confirmation entry 💡 🔹 4H downtrend 🔹 4H supply zone mitigation 🔹 15M CHoCH 🔹 15M supply zone mitigation with aggressive reaction 🔹 LTF CHoCH 🔹 Set a limit order on the LTF supply zone with SL on the last 15M high and targeting the next 4H/15M demand zone
Hey Traders, FX:NZDUSD is about to fall so let's keep an eye on the sells if you are not already in. For us, market has to fall for at least 250 pips and it might go all the way down to break major low as well (0.6530). If we get a correction here, another up wave is very possible but we will ignore and look for sell setups from the new high again. Those of...
Pair Name : NZDUSD TimeFrame : 4Hrs Direction : Short Type : Swing Target Range : 200 Pips -------------------------------- Down +120 Pips ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this...