As idle cash looks to find a strong and secure yield, it is no wonder that the New Zealand Dollar has benefited from the current Euro-Zone crisis. Pairs such as the Australian Dollar and New Zealand Dollar are often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years. Although Chinese growth may become a cause for...
🕵️♂️ Let's delve into the analysis of the EURNZD forex pair and uncover potential entry points. 🔄 On higher time frames such as weekly and daily, we're witnessing oscillations between smaller boxes, indicating a relative price range between the Euro and the New Zealand Dollar. 🎯 However, these fluctuations on lower time frames provide us with suitable positions...
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
My dear friends, My technical analysis for EURCHF is below: The market is trading on 0.9773 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.9754 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
Hello TradingView Family / Fellow Traders, EUJPY is currently approaching a massive supply zone marked in red. For the bears to take over again and start the next bearish impulse movement, a break below the last major low in gray is needed. Meanwhile, EURJPY would be bullish short-term and can still trade higher. 📚 Always follow your trading plan regarding...
The next move for gold hinges on the unemployment news of Preliminary UoM Consumer Sentiment. Any breaks above or below 2320 or 2303 respectively indicate a continuation of the trend. Consider entering after a breakout or on reversals.
Two scenarios: If the composite index level based on surveyed consumers favors USD or remains normal, we'll follow the red path towards the bottom of the bullish channel. If any announcement exceeds 77, there's a possibility of breaking below the bottom of the channel. The dotted green path is in case of any surprise gains for the US dollar. In that scenario,...
Preferred direction: BUY Comment: The New Zealand dollar is also seen in favor of buyers. Here, the expected growth according to the two scenarios is in many ways similar to the situation for the AUDUSD currency pair. Here, too, the most likely scenario is an increase from current prices (scenario №1) . A less likely scenario involves a preliminary fall...
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.08 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.08 support and resistance area. Trade safe, Joe.
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
#EURUSD Hello everyone, finally the context has synchronized in the short direction across the daily and hourly timeframes. After the start of the London session, my nearest intraday target is the equal lows below. Ideally, before heading lower, clearing the equal highs formed above during the Asian session would be preferred. The scenario will be considered...
EURNZD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long EURNZD Entry Point - 1.7901 Stop Loss - 1.7857 Take Profit - 1.7971 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
#EURUSD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURUSD. EURUSD is making bearish flag pattern in daily Timeframe. That mean we can see a good drop in price here. In this move we can see drop upto 200Pips+ soon. Keep in touch we will update further soon.
EURNZD - 24h expiry Price action is forming a bearish flag which has a bias to break to the downside. Trend line resistance is located at 1.7960. Rallies should be capped by yesterday's high. We look for a temporary move higher. Risk/Reward would be poor to call a sell from current levels. We look to Sell at 1.7950 (stop at 1.8000) Our profit targets will...
#GBPJPY UPDATE Hey team hope you all are enjoying our ideas and analysis Now we are here to discuss about GBPJPY. GBPJPY is getting a good bounce from this support level. Here we can see gain upto 300Pips+. Keep in touch we will update further soon.
H1 - Bearish trend pattern followed by a pullback No opposite signs Until the two strong resistance zones hold my short term view remains bearish here.
This is my Intraday analysis on EURUSD for 9 May 2024 W19 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment Nothing changed since the start of the week and as per Tuesday sentiment, investors are waiting for a catalyst to have a clear policy direction for the...