NZDUSD showing trend Reversal, there is divergence in RSI, it is expected to go in bullish trend
Price Action Suggesting selling opportunity here. Let's see how it goes
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59200 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 0.59200 support and resistance zone. Trade safe, Joe.
The Kiwi (NZD/USD) is trading close to the pivot which has been identified as a pullback resistance. Could this FX pair stall around this level before potentially reversing to drop towards the 1st support? Pivot: 0.5930 1st Support: 0.5873 1st Resistance: 0.5974 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should...
Price is rising towards a resistance level which is a pullback resistance that aligns wit the 38.3% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.59405 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement Stop loss: 0.59723 Why we like it: There is a pullback resistance...
Our analysis of the NZDUSD pair on higher time frames reveals a dominant bearish trend. Currently, the pair is approaching a crucial support level, with a potential retracement setting up a trading range. In the accompanying video, we present a trade idea contingent on favorable price action development. We identify key support and resistance levels, examine chart...
Welcome to our latest analysis of the NZDUSD currency pair! In this video, we delve into the current market dynamics, dissecting key trends and offering insights to help you navigate the ever-changing landscape of forex trading. Join us as we examine recent price action, identifying crucial support and resistance levels that are shaping the NZDUSD's trajectory....
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + FIBO 0.5 level. Like, comment and subscribe to be in touch with my content!
Hello everybody, Buy NZDUSD with 0.6224 TP, Sorry for Late!
OANDA:NZDUSD NZDUSD is in a descending channel on 4H TF, and touching the trendline. Sell 0.59800-0.60000 SL: 0.60400 (40 pips from zone) TP: 50-100-200 Pips (Low Risk, High Reward) Follow, Like & Comment for any chart.
AS we are seen USD has been strong in recent days. However, the NZD have failed to break above the 4H structure, if we refine it to 30m we see Liq sweep by candlestic and after the price to tap the area, it reversed down. .We observe the 4H shift, the price pushed into the interna structure of the shift to gain mommentum down. .Now, we support it to short the...
NZD USD is still forming continuous bearish flag pattern and expected to go down further. It has broken neckline of the pole and expect further downside movement. Key levels are mentioned with SL and TP
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
NZD/USD SHORT " break of structure+ break of upper trend channel + 72%fib retracement +taped into daily resistance "
Have marked up the chart based off the 1 hour chart. Daily is likely to continue bearish if you look at the higher time frames. Set your alerts and enjoy your day
I am speculating NZD/USD to test the 200 moving average. Once There is additional confirmation from other pairs, DXY and signs of bearish reversal I may enter a short swing trade. Let me know if you have different ideas!
Completion of abcd pattern imminent, then likely sweep of liquidity and reverse
SWING trade idea chart pattern, trend line, resistance zone, candle stick pattern