Hey Traders, in the coming week we are monitoring AUDNZD for a buying opportunity around 1.08500 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08500 support and resistance area. Trade safe, Joe.
The NZD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a rising wedge pattern. This pattern, despite an initial upward angle, is often seen as a bearish reversal signal. Key Points: Rising Wedge Breakout: The price has been trading within a rising wedge pattern characterized by converging upward...
Hey Traders, in the coming week we are monitoring NZDUSD for a selling opportunity around 0.60200 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60200 support and resistance area. Trade safe, Joe.
NZDJPY - 24h expiry The primary trend remains bearish. The sequence for trading is lower lows and highs. We have a 50% Fibonacci pullback level of 90.85 from 91.25 to 90.20. Preferred trade is to sell into rallies. Bespoke resistance is located at 90.80. We look to Sell at 90.80 (stop at 91.10) Our profit targets will be 90.05 and 89.90 Resistance: 90.80...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 NZDCAD has been overall bearish, trading within the falling channel in red. Currently, NZDCAD is approaching the lower bound of the channel. Moreover, it is retesting a strong demand in green. 🏹 Thus, the highlighted red circle is a strong area to look for buy setups as...
The NZD/JPY pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish flag pattern. This pattern often indicates a continuation of a downtrend following a brief period of consolidation. Key Points: Sell Entry: Consider entering a short position (selling) around the current price of 90.85, positioned near the...
Hello Traders it looks like AUD/NZD is starting a new wave dive down into 1.035. The first correction wave A has been established then the price has made a horizontal triangle as wave B, by breaking down the horizontal triangle AUD/NZD has made a new wave down as C. Our technical view has been shown in the chart. If you like it then Support us by Like,...
NZDUSD - 24h expiry We are trading at oversold extremes. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 0.6010 will confirm the bullish momentum. The measured move target is 0.6035. We look to Buy at 0.5990 (stop at 0.5968) Our profit targets will be 0.6045 and 0.6060 Resistance: 0.6010 /...
I'm probably crazy, Yeah I know What's up folks Brandon here. Today I have some possible sells on NZDCHF, I think sells just make overall sense as none of the data I have taken in builds my confidence in a buy. Furthermore it feels like a buy seems to obvious. I am extremely cautious of when a set up feels obvious. I like to go against the grain, and No that...
Hello Traders, Base on technical and wave analysis we see this scenario for #NZDUSD for next move. let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
The NZDUSD pair easily broke above the former Channel Down on our last buy signal (October 27 2023, see chart below) and then went on a slow long-term retrace: The restructured pattern is close to forming a Death Cross on the 1D time-frame, which would be the first since July 06 2023, a formation that turned out to be a buy signal. As the 1D RSI broke below...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61200 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61200 support and resistance area. Trade safe, Joe.
Considering the recent decline in the NZD, I am considering purchasing GBP/NZD on the rise. Following the breakout and retest of an inverse head & shoulders pattern, I plan to wait for a 50% retracement in the bullish trend before furthering my purchases in the upward direction.
ello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Last week i mentioned about GbpNzd, took quite some time for the breakup. small rangy moves over the last week for both EurNzd and GbpNzd. the wait was over on thurs. Can see more upside..prefer to have some pullbacks to long. Shall watch. Do check out my stream video...
NZDJPY - 24h expiry Indecisive price action has resulted in sideways congestion on the intraday chart. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. Risk/Reward would be poor to call a sell from current levels. A move through 90.60 will confirm the bearish momentum. The measured...
Hey Traders, in the coming week we are monitoring NZDCAD for a selling opportunity around 0.82800 zone, NZDCAD is trading in a uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.82800 support and resistance area. We would also consider the current bearish bias on stock market and...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60900 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60900 support and resistance area. Trade safe, Joe.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. It could also possibly be the case of a h&s on the h4...watch the price action as it unfold, be flexible :) Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank...