NZDJPY - 24h expiry - We look to Buy at 82.25 (stop at 81.60) Previous support located at 82.50. Previous resistance located at 83.00. The trend of lower intraday highs has also been broken. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 83.75 and 84.00 Resistance: 83.00 / 83.50 /...
NZDUSD is in a Head&shoulder. If the price breaks 0.65, price can go up to the target(0.72) in the midterm. ✅Access trading ideas, build strategies with drag and drop, backtest, and automate your trading for passive income with our Sponsor's platform Vestinda. check it out using the link in the Description. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _...
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!❤️
EURNZD - Price action continued to range between key support & resistance (1.7300 - 1.7440) although we expect a break of this range soon. The bias is to break to the upside. The primary trend remains bullish. A lower correction is expected. We look to buy dips. 24h expiry - We look to Buy at 1.7322 (stop at 1.7272) Our profit targets will be 1.7442 and...
AUDNZD is trying to reverse it's long term trend and may target back peak at 1.11. Bounces off support / order block level. Spotted at 1.7624 SL at 1.69 TAYOR.
Fundamental Backdrop 1. NZD Building Consents m/m, a leading gauge of future construction activity dropped from -5.2% to -9% 2. This can lead to lesser jobs and reduced construction services 3. NZD ANZ Business Confidence, a leading indicator of economic health dropped from -43.3 to -43.4 4. This could be an early signal of reduced future economic activity such...
NZDUSD - 24h expiry - We look to Buy at 0.6195 (stop at 0.6155) Previous support located at 0.6200. Previous resistance located at 0.6250. The trend of higher lows is located at 0.6190. Further upside is expected. The hourly chart technicals suggests further downside before the uptrend returns. Risk/Reward would be poor to call a buy from current levels....
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.62 zone, NZDUSD is trading in an ascending and pullbacks seems to be extending and approaching the major trend around 0.62 support and resistance zone. if the rejection is confirmed with current USD weak environment i would set 0.63 as a target as it's considered the...
Similar like NZDUSD, we can also expect a bearish development on NZDCHF. As usual, after an impulse phase, price formed a continuation correction to correct the impulse. From the correction, there is a confirm impulse push down the price. This is good confirmation of bearish trend. Now price has form another smaller correction, watch for price to break out...
NZDUSD is currently at the finish of wave 2 which happens to contain a complex correction (WXY) based on Elliot wave principle as you can see from the picture above. Wave C which should contain 5 subwaves ending the overall wave 2 is about to be played out. Let see how it plays out... Trade Idea: - Watch for a break of the red trendline for confirmation - Enter...
The NZDJPY is testing a local resistance zone that has been tested as a support 5 times before. Moreover, the zone includes a Fibonacci level of 38.20, a descending trendline, and the 4-hour 50-period moving average. All of these factors make a strong case for a possible downward reversal, with a potential next target of...
NZDUSD - 24h expiry - We look to Buy at 0.6150 (stop at 0.6075) Previous support located at 0.6150. Previous resistance located at 0.6250. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 0.6200 will confirm the bullish momentum. Our profit targets...
Hey Traders, in today's trading session we are monitoring NZDJPY for a selling opportunity around 82.400 zone, NZDJPY is trading in a downtrend and now seems to be in a correction phase in which it does approach the major trend around 82.400 Support and resistance zone. Fundamentally JPY is still considered a safe haven with current banking sector crisis. Trade safe, Joe.
Hey Traders, NZDCAD is trading in an ascending channel and extending pullback seems to be approaching the ascending channel around 0.846 Supply and demand zone. i would also be watching the stock market to confirm my bias as american indices and NZDCAD are positively correlated. Trade safe, Joe.
AN will be generally down trend on daily. h4 bouncing in range, either we will see a breakdown from 1.07 or returning back to range.see what fits your strategy and trade accordingly... Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins...
Hey Traders, in today's trading session we are monitoring NZUSD for a buying opportunity around 0.618 zone, NZDUSD is trading in an ascending channel in which it's approaching the channel support zone, once the rejection is confirmed i would consider the channel resistance as a target. fundamentally the last Fomc showed some dovish sentiments from fed which should...
Hey Traders, Here is a quick sell setup on NZDUSD - currently on a bearish flag and might be seen tipping down to retests the December intraday support area. Keep a close watch.
Hey Traders, in today's trading session we are monitoring NZDJPY for a selling opportunity around 82.450 zone. NZDJPY is trading in an uptrend and extending pullbacks seems to be approaching the major trend around 82.450. zone. I would also consider NZDJPY shorts due to JPY strength as JPY is considered a safe haven due to bank crisis. Trade safe, Joe.