As We Talked in The Previous Analysis: -The NZDCHF Price Reached A Support Level (0.51902 - 0.52084). -The Resistance Level (0.53330 - 0.53574) is Broken and Becomes a New Support Level. Currently, -The Price Pull Back to 0.5 Fibonacci Retracement Level ! -and Formed a Bullish Falling Wedge -and Now it Will Continue its Bullish Movement ! ----------- TARGET: 0.54075🎯
The NZDJPY is trading within a Channel Up pattern and is currently on the latest bullish leg towards a new Higher High. All previous waves have been at least +6.12%, so that gives us still an opportunity to buy and target 92.150. If the RSI hits 73.40 before the target, close the buy regardless, as the 73.40 Resistance has formed the September 29...
NZDUSD is currently approaching a strong intraday/daily horizontal demand cluster. After a CPI release, pay attention to an expanding wedge pattern on a 4H time frame. Its resistance breakout - 4h candle close above - will give you a strong bullish confirmation. A bullish movement will be anticipated at least to 0.5899 Alternatively, a bearish violation of a...
Hi Traders ! On Friday 3 Nov, The NZDCAD Price Reached a Resistance Level (0.82092 - 0.81964). -The NZDCAD Failed To Create a New Higher High. -The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So I Expect a Bearish Move ! i'm waiting for retest... ----------- TARGET: 0.80100🎯
Hello Traders ! On Monday 30 Oct, The AUDNZD Price Reached A Strong Resistance Level (1.09492 - 1.09304). The Price Formed an Ascending Channel. The Support Line is Broken. So, I Expect a Bearish Move 📉. i'm waiting for retest... ----------- TARGET: 1.07840🎯
NZDCHF is trading inside a multi year Channel Down, evident on the 1W technical outlook, which is neutral (RSI = 47.618, MACD = -0.007, ADX = 23.111), despite the pause to the downtrend since August 17th. The 1D MA200 holds as an unbroken Resistance since January 31st. Based on the 1D MACD, the current pattern mimics May - June 2023 and is on the 0.618 Fibonacci...
Daily and weekly bias is still bearish. Price has now mitigated a discounted area for me to take sells. This area is confirmed with previous bearish break of structure completed because of an order block which left in efficiency with in the market because of how large the volume was the break it. Hope this is insightful. 4HR Chart:
Hi Traders ! On The Daily Time Frame, The NZDCHF Price Reached A Support Level (0.51902 - 0.52084). Currently: -The Resistance Level (0.53330 - 0.53574) is Broken and Becomes a New Support Level. So, I Expect a Bullish Move 📈. i'm waiting for retest... ----------- TARGET: 0.54075🎯
Hello Traders ! -The EURNZD Failed To Create a New Higher High. -The Price Formed a Triple TOP Pattern. Currently, -The Neckline is Broken. So I Expect a Bearish Move ! i'm waiting for retest... ----------- TARGET: 1.78590🎯
Hello Traders ! On 4H Time Frame, The NZDCHF Price Reached a Support Level (0.51902 - 0.52084) Currently, The Price Formed a Double Bottom Pattern. The Neckline is Broken. So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 0.53330🎯 ___________ if you agree with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
NZDCAD just turned bullish on the 1D technical outlook (RSI = 56.955, MACD = 0.000, ADX = 22.539) as it rebounded on the 1D MA50. The signs for this rally emerged after a Double Bottom Zone emerged, following a nearly 5 month RSI Bullish Divergence on HL, which indicates that we may be initiating a new long term bullish trend. Our focus for now is on the short...
Hello Traders ! On Friday 20 October, The NZDCAD Price Reached a Support Level (0.79808 - 0.79418) Currently, The Price Formed a Double Bottom Pattern. The Neckline is Broken. So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 0.81100🎯
Hi Traders ! On Monday 23 Oct, The EURNZD Price Broke a Daily Resistance Level (1.81195 - 1.80650) Currently, -This Resistance Level Becomes a New Support Level. So, I Expect a Bullish Move📈 ----------- TARGET: 1.83370🎯
Hello Traders ! As We Talked in The Previous Analysis: -The NZDJPY Reached a Daily Resistance Level (89.619 - 90.202). -The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So I Expect a Bearish Move ! i'm waiting for retest... ----------- TARGET: 86.150🎯
After a very poor performance last week, the Kiwi dollar is expected to rise again. We enter this trade already and it's running in profit so far. Check the link below so you don't miss any trades
NZDUSD is trading in a long term bearish trend. After a consolidating within a wide horizontal range on a daily, the price violated its support. We see a positive bearish reaction to that after its retest. I believe that the pair will go lower. Next support: 0.576 ❤️Please, support my work with like, thank you!❤️
The NZDUSD pair has gone a long way since the previous successful buy signal we gave (see chart below): The Channel Down shifted higher but the price is once again found on its bottom (Lower Lows trend-line) giving us a new high probability buy opportunity. On top of that, it appears to be repeating the May 31 bottom as the RSI is on an identical sequence....
I have perfectly predicted an intraday bearish movement after a breakout yesterday. Analyzing a 4H time frame, we can spot an intraday consolidation now and a formation of a horizontal range. The next bearish wave will be confirmed after a breakout of the support of the range. 4H candle close below 0.5808 will confirm a violation. A bearish continuation will...