U.S. Dollar / New Zealand Dollar
NZDUSD nicely respected a resistance line of a narrow horizontal intraday range. I think that the pair may drop to the support of the range today. Goal - 0.61 ❤️Please, support my work with like, thank you!❤️
NZD/USD is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 0.5074 1st Support: 0.6038 1st Resistance: 0.6138 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 suitable for all...
NZDUSD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 0.6125 will confirm the bullish momentum. The measured move...
Kiwi showed a robust continuation candle last week on the daily chart. The price recovered above the 0.6085 resistance level and finished the week above the 0.61 area, suggesting a potential continuation pattern unfolding in the middle of an impulsive recovery. This week, the Bank of New Zealand's interest rate decision is anticipated, and they are not expected to...
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NZDUSD pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️
Preferred direction: BUY Comment: Before the publication of today's data on the US CPI , on gold , we have been following the previous trading idea that we gave at the beginning of the week. The price has already begun to move according to our scenario, but we must not forget about potential volatility amid the publication of today's data from the US. For...
Hello,Friends! NZD/USD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 6H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
EUR/USD Trade Hits Target at 1.0650 by July 2024 The EUR/USD currency pair has reached a significant level as the short trade hits its target at 1.0650 by July 2024. The pair's downward movement has been influenced by various factors, including economic data, central bank policies, and market sentiment. The US dollar has shown strength in recent months, driven...
**Monthly Chart** NZDUSD last month's candle closed bearish only to test liquidity near the previous swing low. This month candle opened near the close of the previous candle and started to move aggressively higher. If this move sustains then we will be looking for the next target around 0.6400 level and then 0.6600 (around 400 pips from where the price at). ...
Hello traders, I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Thank you for considering my analysis and perspective. Good luck
Preferred direction: BUY Comment: The bullish mood remains for the New Zealand dollar. We will most likely see growth here in the very near future. The focus is on level 0.61670 , which is expected to be broken in the very near future. However, the price is unlikely to go too high given the prevailing technical factors. Therefore, it is preferable to take...
Preferred direction: BUY Comment: The currency pair continues to trade above the level of 0.66460 , and at the beginning of this week, we maintain our buy priority for this instrument, as well as the scenario. Today, both scenarios are relevant, and until the support level of 0.66460 is broken down by sellers, the bullish mood will persist. It should be...
NZD just touched a significant order block support which has been tested many times in the past -- and bounce off it again and again. This time NZD is back at that level. I expect bounce to the upside thereafter. SEEDED L at 0.6183 initial target 0.630 TAYOR.
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. My point of interest is if price makes a retracement to fill the imbalance and then rejects from bullish order block Like, comment and subscribe to be in touch with my content!
Preferred direction: BUY Comment: AUDUSD is also on the buy list. This currency pair is also one of the most promising for short-term buyers. Most likely, growth will begin as much as possible at current prices (scenario №1). Here we have a good local upward trend, towards which we are considering trades. One can also consider going long from the level of ...
Preferred direction: BUY Comment: Buy-priority is also relevant for the New Zealand dollar . Most likely in the very near future we will once again go for maximum updates. The growth target is considered at the level of 0.61670. The most likely scenario, as we have outlined, is an increase from current prices (scenario №1). One can also consider growth...
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60400 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.60400 support and resistance area. Trade safe, Joe.
NZDUSD 4 Hrly chart, looking to short up hear near the highs