Our last analysis on the AUDNZD pair was on November 16 (see chart below) and so far has hit one of our two targets: At the moment the price is struggling on the 1D MA50 (blue trend-line) - 1D MA200 (orange trend-line) Zone, where it has failed since Dec 13 and on every single candle to close it above the 1D MA50. If it does, expect the continuation of the...
The NZDJPY pair is trading within a Channel Up pattern using the 1D MA50 (blue trend-line) as a pivot point as of late. We can see a diverging (dotted) Channel Up that has priced the recent Higher Highs as well as being supported by the 1D MA200 (orange trend-line). The 1D RSI has rebounded on the 39.90 Support level, which is where the last two Higher Lows has...
NZDUSD reached the top of the Bearish Megaphone pattern and along with the overbought 1D technical outlook (RSI = 71.202, MACD = 0.006, ADX = 58.197) is on the ideal short level. The last LH was priced just under the 0.786 Fibonacci level and this is where the price is currently at. We turn bearish, targeting the 1D MA50 (TP = 0.60500). ## If you like our free...
✅NZD_JPY is trading along the rising support line And as the pair is going up now After the retest of the line I am expecting the price to keep growing To retest the supply levels above at 88.74 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
GBPNZD formed a head and shoulders pattern after a test of a key daily resistance. The neckline of the pattern is broken, and we see its retest at the moment. I expect a bearish movement to 2.0420 / 2.0315 ❤️Please, support my work with like, thank you!❤️
Let’s break down the NZD-CAD pair's recent movements. Back in October, we witnessed three bullish legs that propelled the index upward, following a touch on the last demand zone. Fast forward to December, the pattern repeats with another three-leg movement bringing us back down to that demand zone. Now here's the exciting part – based on these patterns, I'm...
The NZDUSD pair hit the 0.60500 target (see chart below) we set on our most recent call (October 27): As you can see, the price extended even higher to the top (Lower Highs trend-line) of the 12-month Channel Down where it has so far been rejected. This is technically the most optimal level to sell, as long as the trend-line holds of course. We are taking...
NZDUSD Chart — New Zealand Dollar / U.S. Dollar overlap two Harmonic Patter Shark and Butter Fly Price Zone Reversal . So we expected Bearish Movement
NZDUSD is trading within a wide intraday horizontal range. After the test of its support, the price bounced and violated a resistance line of a falling wedge pattern. To me, it is an important bullish signal. We may expect a bullish movement to the resistance of the range now. ❤️Please, support my work with like, thank you!❤️
✅ CADNZD has managed to break the 🟢Support zone(1.213 NZD-1.202 NZD )🟢, SMA(200) , Yearly Pivot Point(1.202 NZD) , and the Support line . 💡We can consider the movement that CADNZD started about a year ago as a corrective movement in the direction of its previous main movement, which was downward and with high momentum. 🔔I expect CADNZD to continue its...
Hello Traders ! Previously, The EURNZD Price Formed a Bearish Double Top Pattern. Currently, The Price Reached a Support Level The Support Line is Broken ! So Let's Expect The Bearish Scenario: If The Price Breaks The Support Level and Closes Below That, I Will Sell on Retest... TARGET: 1.72600🎯
NZDCAD is trading in a strong bullish trend. The price set a new local higher high higher close on a daily yesterday, violating a strong resistance cluster. We may anticipate a further growth on the pair. Next goal for buyers - 0.842 ❤️Please, support my work with like, thank you!❤️
🏃 NZDUSD is moving in the 🔴 Resistance zone($0.6110-$0.6050) 🔴 and 🟡Price Reversal Zone(PRZ)🟡 . 🌊In terms of Elliott wave theory , NZDUSD seems to be completing a Zigzag correction(5-3-5/ABC) so that the main wave C structure is Ending Diagonal . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks. 🔔I expect NZDUSD to Fall to...
Hi Traders ! On The Daily Time Frame, The NZDCAD Price Broke a Strong Resistance Level (0.82018 - 0.82600). This Resistance Level Becomes a New Support Level. Moreover, -The Price Formed a Falling Wedge Pattern. -The Resistance Line is Broken. So, I Expect a Bullish Move. I'm Waiting For Retest... ----------- TARGET: 0.83950🎯
AUDNZD formed a double bottom formation, testing a key daily horizontal support. We may anticipate a bullish movement from the underlined area to 1.093 resistance. ❤️Please, support my work with like, thank you!❤️
Hello Traders ! On The Daily Time Frame, The NZDUSD Price Reached a Strong Support Level (0.58138 - 0.57406) The Price Formed an Inverted Head and Shoulders Pattern. Currently, The Neckline is Broken. So, I Expect a Bullish Move📈. i'm waiting for retest... ----------- TARGET: 0.61030🎯
The GBPNZD pair has enter a Channel Down pattern with the 1D MA50 as its pivot. A similar pattern emerged in May 2022, after the pair made an identical top and bottom (see the blue Rectangle). This time we have an additional support in the form of the 1D MA200 (orange trend-line) but as long as the price trades within the Channel Down, sell every Lower High and...
Hello,Traders! AUD-NZD keeps growing and The pair broke the key Horizontal level of 1.086 And went further up so The breakout is confirmed Which reinforces our Bullish bias and we will Be expecting a move up After a potential pullback Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!