The NZDJPY pair has been trading within a Bullish Megaphone pattern since the March 24 Low. It has been though on its longest correction in the last 1.5 months and on Monday hit the bottom of the Bullish Megaphone. For as long as it holds, this is a potential early buy signal as the price also made contact with the 1D MA100 (green trend-line), which is the level...
Hello Traders! On The Daily Time Time Frame The NZDCAD Reached A Resistance Line Currently, The Price Broke The Support Level (0.80728-0.80296) So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 0.79150🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
It's been more than 2 months since we last gave an NZDUSD signal (see chart below), a buy call that hit straight into our 0.62750 target: The price broke yesterday below Support 1 (0.59845) and today almost touched the bottom of the latest Channel Down pattern. With the 1D RSI almost on the 30.00 oversold barrier, this is a strong buy opportunity for a...
Hello Traders! On The Daily Time Frame The EURNZD Price Reached a Strong Resistance Level (1.82246 - 1.80366). Currently, This Key Level is Broken (Resistance Level Becomes new Support Level)🔥 So, I Expect a Bullish Move📈 i'm waiting for a retest... ----------- TARGET: 1.87100🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
GBPNZD has turned sideways basically for a whole month (since June 28th) as it is restrained under R1 (2.092225) while being supported by the 1D MA50. This has turned the 1D timeframe neutral (RSI = 53.387, MACD = 0.005, ADX = 22.546), which is an expected technical outcome. We will trade this setup on a breakout basis. A crossing over R1 is a buy signal...
The AUDNZD pair is consolidating on the 1D MA50 (blue trend-line) for 4 straight 1D candles, having formed a 1D Golden Cross last week. Even though that is a technically bullish formation, as long as it doesn't break above the 1.093250 Symmetrical Resistance, a rejection seems more probable. As long as it holds, we will sell and target the Higher Lows trend-line...
NZDJPY gave us last time (May 05) a very accurate buy signal that hit the target (see chart below) and even broke the 1 year Resistance Zone: The pattern that emerged is a Bullish Megaphone, whose latest Higher Low leg is supported by the 1D MA50 (blue trend-line), having closed all candles above it. As long as it holds, we remain buyers and target Resistance...
AUDNZD is currently forming a Golden Cross on the 1D timeframe, which is technically bullish (RSI = 59.438, MACD = 0.004, ADX = 24.813). The symmetric sequence on the 1D RSI with the February-April phase indicates that the Cross can indeed push the price higher, over Fibonacci 0.618 and then decline to form the Lower Low at the bottom of the long term Channel Up....
Hello Traders! On The Daily Time Frame, The NZDJPY Price Formed a Head and Shoulders Pattern📉 i'm waiting for a neckline break! Then, we will see a huge bearish move📉 ----------- TARGET: 84.050🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
NZDJPY is trading inside a Channel Up since March with the 1D timeframe neutral (RSI = 52.530, MACD = 0.380, ADX = 27.602) after last week's rebound on the 1D MA50. This tells us that this is the technical pivot and as long as it holds the new Higher Low for the Channel Up, hence a bullish signal targeting the R1 (TP = 89.675). If the price crosses under the S1...
NZDJPY is trading inside a Channel Up and Wednesday's contact with the MA50 (1d) resulted in a 3 day rebound so far. That was the latest Higher Low at the bottom of the Channel Up, the previous was also formed on the MA50 (1d). The two bullish legs have risen at least +7%. Trading Plan: 1. Buy on the current market price. 2. Sell below Support (1). Targets: 1....
GBPNZD is trading inside a Channel Up since the February 3rd Low. The last Higher Low was priced under the 1day MA50. Our current buy zone is between the 1day MA50 and Support A. Buy as long as this holds and target 2.091500 (Resistance A). A closing under the Channel Up and more specifically the 1day MA200, is a sell signal, so in that case take the buy's loss...
NZDCAD is testing an important confluence zone: I spotted a perfect match between a horizontal key level and a falling trend line. For a confirmation, watch a double top pattern on 1H time frame. We need a breakout of its neckline as a trigger. Hourly candle close below 0.8356 will confirm a violation. A bearish continuation will be expected to 0.83 level...
EURNZD is moving near the resistance lines, and two candles formed a Bearish Engulfing Candlestick Pattern 4 hours ago, which can be a 💡 Sign 💡 of the beginning of a decline. 🔔I expect EURNZD to fall to at least the support line . 🔅Euro/New Zealand Dollar (EURNZD), 4-hour time frame⏰ Do not forget to put Stop loss for your positions (For every position you...
NZDCHF is testing a wide horizontal zone of demand. The price formed a double bottom pattern on that and currently retesting the broken neckline. I think that the pair may bounce from the underlined area. Goals: 0.5473 / 0.5485 ❤️Please, support my work with like, thank you!❤️
Hi Traders👋🏻 On The Daily Time Frame The NZDCHF Price Reached A Resistance Line📉 Currently, The Price Formed a Head and Shoulders Pattern📉 The Neckline is Broken🔥 So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 0.54540🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
AUDNZD crossed under the 1day MA50 this week for the first time since May 24th. That is the bearish leg from the Falling Resistance to the Rising Support in order to form the new Higher Low. The 1day RSI just entered the 4 month Support Zone, where the price Low was formed at the bottom of the Support Zone. This is still a good sell. Target 1.061500. Follow...
I shorted EURNZD. It is a trend-following trade that is confirmed by a bearish breakout of key support. Entry - 1.755 Stop - 1.7633 Target - 1.742 Good luck, guys!