Hey Traders, in today's trading session we are monitoring NZDUSD For a selling opportunity around 0.61400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61400 support and resistance area. Trade safe, Joe.
The NZDCHF pair has been trading within a Channel Up pattern since the October 23 2023 Low. After breaking above the 1D MA200 (orange trend-line) for the first time in more than 1 year (since January 31 2023), the pair confirmed the trend shift from long-term bearish to long-term bullish. The recent 3-day pull-back to the 1D MA200 is a technical buy...
NZDUSD is on a bearish 1D technical outlook (RSI = 42.566, MACD = 0.000, ADX = 31.358) as not only is the long term pattern a Bearish Megaphone but even this week got rejected on the 1D MA50 and maintains the LH sequence. We are bearish on this pair aiming for a -4.18% decline from this week's LH (TP = 0.59600), which is the lowest decline of a 1D MA50 correction...
The NZDCAD pair has hit the 1D MA50 (blue trend-line) yet again today and remains under Resistance 1 (0.84300) since July 14 2023, having multiple rejections on it. We do see however the potential for the emergence of a Channel Up, as the 1D RSI is printing the same pattern as the October 20 2023 Low, which initiated a Bullish Leg. If the Channel Up prevails,...
We've broken out of the long-term bearish trend. I'm waiting for a retest of the descending trendline and then going for a buy. This idea should be supported by fundamentals this week, with a dovish SNB and a hawkish NZB.
Big news from the RBNZ shortly, it is possible we'll get a hike, but either way I'm expecting NZD strength as a result. I'm seeing weaker Euro, and the pinbar shooting star today on the daily candle means price action is also in favour of a continued short trade here.
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61400 zone, NZDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.61400 support and resistance area. Trade safe, Joe.
The NZD/USD pair on the M30 timeframe presents a potential selling opportunity due to a downward breakout from a symmetrical triangle pattern. Key Points: Triangle Breakout: The price has been trading within a triangle pattern, characterized by converging upper and lower trendlines. This pattern can indicate a period of consolidation before a breakout in either...
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83350 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.83350 support and resistance area. the New Zealand economy is heavily reliant on its agricultural exports, particularly dairy products,...
NZDJPY - 24h expiry Price action looks to be forming a top. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURNZD has been overall bearish, trading within the falling channel in red. At present, EURNZD is undergoing a correction phase and it is currently approaching the upper red trendline acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance...
EURNZD - Intraday Our bespoke support of 1.7511 has been clearly broken. Previous support at 1.7520 now becomes resistance. Our short term bias remains negative. 20 4hour EMA is at 1.7493. Our outlook is bearish. We look to Sell at 1.7495 (stop at 1.7547) Our profit targets will be 1.7365 and 1.7335 Resistance: 1.7485 / 1.7530 / 1.7570 Support: 1.7440 /...
Now that the buying demand has increased to be beyond what it was "last year", we can now lookout for Black Friday Sale, and if the price offered by Sellers suit our targetted discount %, we can look to get hold of some NZDJPY to sell to the Big Boys for a premium sum who like to get their hands on some sweet sweet NZDJPY. How I would approach this is by either...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #NZDCAD. NZDCAD is hovering around a weekly resistance, so we will be looking for sell setups on lower timeframes. On H1, we are waiting for a break below the last major low to sell. Once the sell is activated, the stop loss...
Hey Traders, in today's trading session we are monitoring NZDCHF for a buying opportunity around 0.54200 zone, NZDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.54200 support and resistance area. Trade safe, Joe.
The GBP/NZD pair on the M30 timeframe presents a potential selling opportunity due to a well-defined bearish channel pattern. This pattern suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours. Key Points: Bearish Channel: The price has been trading within a descending channel characterized by two falling...
As per my last analysis on AUDNZD - (www.tradingview.com) I am still actively holding this trade NOW, given the fact that audnzd just struggled to breach this most recent low (purple zone) and decided to pull back upward - made me consider closing but patience If however, it struggles again to breach this low I'd close in profit Why? it is simple really,...
Good Morning guys, have this buy open on AUDNZD - it isn't the best trade and I don't really like trading this pair but there was a set up and I decided to give it a try Let me explain These are my confirmations\questions > Question 1 - Was AUDJNZD in momentum (bullish or bearish)? Yes, AUDNZD is in bearish Momentum currently Question 2 - Who is interested (at...