Preferred direction: BUY Comment: For metals , there will most likely be a relative pause in movement. Thus, a balance is expected to be formed for gold , most likely after which there will be an attempt to grow above the 2040 level. In the short term and even in the longer term, longs will most likely be of greater priority. The buyer’s first task is to...
Expecting a rejection at the sell zone where we'll be looking for sells. Once we get there, jump into lower timeframes and search for any reversal pattern. Your stoploss should be above the sell zone after entering targeting 0.786 fibo level.
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61550 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61550 support and resistance area.The recent release of CPI data in the United States has significantly influenced the forex market...
NZD/USD is in a overall downtrend from the higher timeframe. It has given equal highs forming a double top on the 2hr. I will be taking the following sell on it: Entry = 0.61443 Stop Loss = 0.61693 25 pips Take Profit = 0.60941 50 pips Lot Size = (0.05)
Hey, Traders! Our trading strategy showed a shift of initiative to the bulls. The upward movement is expected to exceed 0.6178 and break the key high of the downtrend, which has lasted since Dec 28, 2023. We closed the existing short positions and opened a buy trade for the entire equity limit.
Hello Traders In This Chart NZDUSD HOURLY Forex Forecast By FOREX PLANET today NZDUSD analysis 👆 🟢This Chart includes_ (NZDUSD market update) 🟢What is The Next Opportunity on NZDUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
The New Zealand dollar continues to gain ground and has extended its gains for a fourth straight day. In the North American session, NZD/USD is trading at 0.6149, up 0.44%. New Zealand’s BusinessNZ Performance of Services Index improved to 52.1 in January from 48.8 in December, above the forecast of 49.6. This put the index in expansion territory and marked the...
Lookout for Wednesday. I always watch the market and how it moves. I do not use limit orders. Always market or stop orders. Let's see how the zones will react
Price seems to be forming a Head and Shoulders pattern on the 15m tf. price recently made a supply zone (.61500-525) and a choch. price retested the neckline of the "H&S" and went up to retest resistance at .61475 and after forming the choch. we can make a entry on a lower tf when price makes a choch. we can take profit at the next demand at .61250
✅NZD_USD is going up now But a strong resistance level is ahead at 0.6168 Thus I am expecting a pullback And a move down towards the target at 0.6127 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
NZD-USD will soon hit A horizontal resistance Of 0.8284 from where I will be expecting A local move down !
Preferred direction: BUY Comment: We continue to hold a confident long position on the Australian currency. Here we patiently wait for the price to approach the level of 0.66000 , near which our target is located. Moreover, looking at the bigger picture, it is safe to assume that buyers will maximize their push to the top. To rise above 0.66000 , some pause...
Preferred direction: BUY Comment: The main competitors of the US dollar continue their recovery against the American currency and most likely this trend will continue. The accumulated volume allows currencies such as the New Zealand dollar to continue their current growth towards the nearest resistance levels. This level is 0.61500 , that is, for us...
My dear friends, Please, find my technical outlook for NZDUSD below: The price is coiling around a solid key level - 0.6144 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.6105 About Used Indicators: The pivot point itself is simply...
Preferred direction: BUY Comment: Silver is now showing the best growth result. We previously noted this instrument for long as part of transactions aimed at the potential weakening of the American currency. The trade has already been moved to breakeven and we are waiting for it to be processed at the level of 23.32250 . Further, in the longer term, we...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Similiar to the NZDUSD, the AUDUSD has broken above the bearish trendline. However, price is currently at the 23.60% fib retracement level. Currently in consolidation, look for the AUDUSD to push to the upside, buying beyond 0.6555 to the next resistance level of 0.6618 (38.2% fib retracement level) Watch out for the Aussie-related news, RBA monetary policy...