HELLO TRADERS ! On The Daily Time Frame The NZDJPY Price Reached a Resistance Level ! i'm waiting for a breakout on the Support Line ! Than! we will see a Bearish Move 📉 ----------- TARGET 1: 82.295🎯 TARGET 2: 81.080🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
The NZDUSD pair is under the 1D MA50, in marginally bearish 1D technicals (RSI = 44.978, MACD = -0.001, ADX = 16.625) but over the 1D MA200 and with S1 just below it. However the long term pattern emerges as an Inverse Head and Shoulders, a technically bullish formation that shapes market bottoms. Consequently, this is a buy opportunity for us targeting R1 (TP =...
NZDCAD is taking off from a key daily structure support. The price formed an inverted head & shoulders pattern, testing that. It neckline was broken this morning. I expect a bullish continuation on the pair. Goal - 0.8323 ❤️Please, support my work with like, thank you!❤️
GBPNZD is trading in a bullish trend on a daily. The price has been recently testing a wide horizontal supply area. It was finally broken this week. The broken structure and a rising trend line now compose the buy zone. I will expect a bullish continuation from the underlined green area. Next goal - 2.02 ❤️Please, support my work with like, thank you!❤️
EURNZD broke and closed above a major horizontal supply cluster. The broken structure turned into a key support now. I believe that bulls will keep pushing the pair higher. Next goal - 1.7937 ❤️Please, support my work with like, thank you!❤️
In the 4-hour and daily timeframe, FRVP shows the $0.6230 level as a critical support. At the same time, we see that it has been in the ascending channel since the beginning of March and is currently breaking the lower support of the channel. The fact that the sub-support of the channel and the FRVP support are in the same region increases the risk level of this...
Price action analysis on NZDUSD. Key levels. Trend analysis. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
It seems that NZDUSD will not succeed in breaking the 🔴resistance zone($0.6250-$0.606)🔴, and this failure plays the role of a fake break or bull trap. If we look at NZDUSD from the theory of Elliott waves, NZDUSD is moving in a descending channel, which can complete the correction structure ABC, which is zigzag(5-3-5); I expect wave C of the correction structure...
Foreign exchange analysts at BNP Paribas suggest a bullish outlook for the AUD/USD and AUD/NZD exchange rates, citing global market stabilisation, the divergence between the Reserve Bank of Australia (RBA) and the Reserve Bank of New Zealand (RBNZ), housing market vulnerabilities, and seasonal performance in risky assets. Global Markets Stabilizing and Impact on...
After a strong bearish rally, AUDNZD retraced to a key horizontal resistance. The price was steadily growing within a rising parallel channel. One the underlined area was reached, the pair broke and closed below a support of the channel. Probabilities will be high that a bearish movement will resume now. Goals will be 1.0632 / 1.0593 ❤️Please, support my...
NZDJPY has recently reached a major horizontal supply zone on a daily. The price was coiling on that for many days, forming a horizontal range on 4H time frame. Its support was broken today. I believe that sellers will keep pushing the pair. Targets: 86.6 / 80.77 ❤️Please, support my work with like, thank you!❤️
The AUDNZD pair is technically bearish on the 1D timeframe (RSI = 42.033, MACD = -0.005, ADX = 29.502), trading under the P1 Zone, which has been in place since 2021. It is under both the 1D MA50 and 1D MA200 and it targeting the HL trendline (TP = 1.05300). If the dashed LH trendline breaks, we will buy aiming at R1 (TP = 1.10800). ## If you like our free...
Hello Traders 💖 On The Daily Time Frame The NZDJPY Price Reached a Resistance Level! Currently, The Price formed a Double TOP Pattern 📉 The Neckline is Broken, The Support Line is Broken 🔥 So, I Expect a Bearish Move 📉 i'm Waiting for a Retest... ----------- TARGET: 81.655🎯 ________ if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
The NZDJPY pair is on a neutral technical price action on the 1D time frame (RSI = 51.078, MACD = -0.120, ADX = 32.313) as it reached the 0.5 Fibonacci level and 1D MA50 yesterday. This is the middle level of the long-term trading range inside the S1 and R1 Zones since April 20th 2022. So essentially this pair has been trading sideways for almost 1 year. Since...
After careful analysis of both fundamental and technical, EURNZD has shown signs to drop up to the 1.71242 or 1.70077 area.
NZDUSD reached a solid horizontal support. The price was steadily falling within a bullish flag pattern. Once the underlined structure was reached, the market bounced and broke the resistance of the flag. I believe the pair will go higher now. Goals: 0.6267 / 0.62895 ❤️Please, support my work with like, thank you!❤️
As We Talked in The Previous Analysis: On The Weekly Time Frame The NZDJPY Price Reached a Major Key Level ! Currently, The Price formed a Falling Wedge Pattern 📈 The Resistance Line is Broken So, I Expect a Bullish Move 📈 i'm Waiting for a Retest... ----------- TARGET: 83.630🎯 ________ if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
NZDCAD formed a head & shoulders pattern on a daily time frame. Its neckline was successfully broken yesterday. I expect a further decline on the pair. Targets: 0.84 / 0.837 ❤️Please, support my work with like, thank you!❤️