The market fulfilled our analysis but did not get to the target area because the BULLS could not push it beyond the previous resistance area. Courtesy of the previous economic news, the price fell back down towards the support level thus creating a double bottom. I think the market might get back and possibly break the resistance level. NB: This is not a...
Hello * Regular flat structure in play with ending structure * MACD internal divergence * GAP @ 0.58802 * Could be ready during NFP news or next week
OANDA:NZDUSD is declining amid a strong dollar rally. The negative background for the currency pair has persisted for quite a long time and there is no reason to change this tone at the moment. On W1, we can clearly see the general trend on the part of strong bears, who continue to sell off the currency pair and the New Zealand dollar. On H4 it is worth...
Market Analysis: NZD/USD Turn Red NZD/USD is also moving lower and might struggle to recover above 0.5950. Important Takeaways for NZD/USD Analysis Today NZD/USD declined steadily from the 0.6000 resistance zone. There is a key bearish trend line forming with resistance at 0.5890 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis...
The Kiwi (NZD/USD) could make a bearish reaction through the pivot to potentially drop lower. Could the bearish momentum drive this FX pair towards the 1st support? Pivot: 0.5863 1st Support: 0.5779 1st Resistance: 0.5930 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...
NZDUSD has broke its downtrend trendline in 1H trendline. Buy on weakness with target 0.6000 Good luck!
d1: the price into strong demand zone and bullish engulfing is created h1: it made a pinbar and a choch so open buy limit in ob which got imbalance.
NZDUSD - 24h expiry Price action looks to be forming a bottom. Short term RSI has turned positive. A move through 0.5950 will confirm the bullish momentum. The measured move target is 0.5975. Pivot support is at 0.5875. We look to Buy at 0.5900 (stop at 0.5872) Our profit targets will be 0.5970 and 0.5985 Resistance: 0.5950 / 0.5970 / 0.5975 Support:...
One buy signal from Swing Sniper and two from MTM. Also coming off 4h demand zone. Long to next supply zones (yellow boxes).
Hello Everyone, The NZD/USD pair has been testing yearly support levels extensively and appears to be on an upward trajectory now. The next crucial step is for the 1-day pivot point (PP) to serve as a support, confirming potential further gains. TradeWithTheTrend3344
NZDUSD making lower lows and lower highs. it is in bearish trend.
NZDUSD pair is currently trading bearish with continuous LL and LH. Currently, it is at 0.382 retracement of bearish swing. No bullish divergence has been identified. Market may continue to go bearish on Monday opening. Possible sell entry given.
With the economic results, the time is right to enter buy trades for the nasusd for the next two weeks
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My dear friends, Please, find my technical outlook for NZDUSD below: The instrument tests an important psychological level 0.5900 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.5964 Recommended Stop Loss - 0.5865 About Used...
At this point, we can have a good entry due to the type of correction and the weakness of the trend in the fall
The price got to the weekly support and rebounded from there. Currently, on the daily timeframe, a BULLISH engulfing candle from yesterday indicates a Bullish continuation. My target is the previous monthly timeframe support zone before the market continues it's Bearish Trend. NB: This is not a financial advice. Use wise risk management. If you found this useful,...
The price is rising into a resistance level, which is a pullback resistance that aligns with the 38.2% Fibonacci retracement; it could reverse from this level to our take profit target. 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...