Very choppy price action but is still long term bullish because of the weak US, but need a decent pull back and rejection with a 4h rejection to look for entries
Analysis Time Frame: 1 HR Order - Buy Stop Risk on Account 2% Entry Price: 0.62487 Stop Loss: 0.61902 TP1: 0.6307 TP2: 0.6366
NZD/USD: Deceleration but immature momentum, below the supply zone, many rejections in the 0.62825 - 0.62700 zone. We have a gap to fill in the 0.64115 - 0.63400 zone. I'm waiting here, closely monitoring, and will provide updates. I'm Neutral.
Hey Traders, in tomorrow's trading session we are monitoring NZDUSD for a selling opportunity around 0.62500 zone, NZDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.62500 support and resistance zone. Adding a fundamental layer to our analysis, the recently...
ased on Simple Technical Analysis ( Trendline + Support & Resistance ) 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 liability for any errors or omissions in the content of this page, and they are...
USDNZD need to break resistance level to move further up. Wait for the candle close over this marked zone.
Atm still in sideway range, will looking breakout further down test support. Once breakout confirm will look for short.
Predicting the price movement based on the support and resistanc
I have taken a long position on the NZDUSD currency pair, as the price has recently touched a notable demand zone. This decision is supported by thorough market analysis, where I have identified key indicators and market trends indicating the potential for upward price movement. By strategically entering this trade, I aim to capitalize on this favorable...
Hello traders Market structure has been broken so i expect bearish movements on these pair.
NZD/USD: Technical Support Zones Amidst US CPI Anticipation The NZD/USD currency pair finds itself in a delicate position, currently trading around 0.6246 within an accumulation range. A recent rebound from the 50%-61.8% Fibonacci area, coupled with support from previous price levels, suggests a positive trajectory towards the 0.6200 support area. Technical...
Bearish continuation, No divergence Bearish Graph Instant selling based on DOW theory
Instant selling as graph is making lower lows and lower highs, there was no divergence.
Hello everyone, we can see that NZDUSD has briefly touched the daily trend break line and formed a double bottom. We can consider going long at this point, as there is a good opportunity for a breakthrough to new highs.
Price is rising towards our bearish order block at 0.63332 level, and from that level i expect that could react bearishly and fall towards our 1st support level. but mean while this supply zone at 0.62735 needs to be broken before price can move upward to the bearish order block.
NZD/USD is also rising and could extend its increase above the 0.6255 resistance zone. Important Takeaways for NZD USD Analysis Today NZD/USD is showing positive signs above the 0.6220 support. There is a major bearish trend line forming with resistance near 0.6255 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis On the hourly...
Hey there, folks! Missed us? Ready for some market action? ;-) After a two-week rally that kicked off in mid-December, followed by a corrective phase in the closing days of the past year, it's no surprise that the market has resumed its downward trajectory. Right now, our strategy unmistakably points to a downward impetus. That said, the prevailing trend remains...
Turning bullish above 0.625 key level Entry 0.625-0.627 SL 0.6235 TP 0.6375