✅NZD_USD is going up to retest a horizontal resistance of 0.5959 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 0.5913 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The height was hit the previous day I expect a decline from the supply zone
The Kiwi (NZD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.5932 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 0.5980 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take...
NZDUSD - 24h expiry Price action looks to be forming a bottom. Price action has continued to trend strongly lower and has stalled at the previous support near 0.5875. A move through 0.5925 will confirm the bullish momentum. The measured move target is 0.6000. The RSI is trending higher. We look to Buy at 0.5925 (stop at 0.5895) Our profit targets will be...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59200 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 0.59200 support and resistance zone. Trade safe, Joe.
Hello,Friends! We are now examining the NZD/USD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.608 level. ✅LIKE AND COMMENT MY IDEAS✅
The Kiwi (NZD/USD) is trading close to the pivot which has been identified as a pullback resistance. Could this FX pair stall around this level before potentially reversing to drop towards the 1st support? Pivot: 0.5930 1st Support: 0.5873 1st Resistance: 0.5974 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should...
Price is rising towards a resistance level which is a pullback resistance that aligns wit the 38.3% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.59405 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement Stop loss: 0.59723 Why we like it: There is a pullback resistance...
NZDUSD is now near an important support zone. 0.58533-0.57922 If the price cannot break through the level of 0.57922, it is expected that there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
Our analysis of the NZDUSD pair on higher time frames reveals a dominant bearish trend. Currently, the pair is approaching a crucial support level, with a potential retracement setting up a trading range. In the accompanying video, we present a trade idea contingent on favorable price action development. We identify key support and resistance levels, examine chart...
Hello traders, on account of US Dollar demand across the board due to news about the escalating Iran-Israel conflict, NZD/USD fell quite rapidly during the Asian Trading session on Friday. However, the dip seemed like a buying opportunity to me as technically, NZD/USD touched the lower trend line of the price channel. So, I added a buy in NZD/USD@0.5865. If the...
The Kiwi (NZD/USD) is rising towards the pivot which has been identified as an overlap resistance. Could this FX pair stall around this level before potentially reversing to drop towards the 1st support? Pivot: 0.5952 1st Support: 0.5870 1st Resistance: 0.6059 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Waiting for a retest of 0.59395 to short NZDUSD back to Daily swing low at0.58012 If you agree drop a like and if you have any questions leave a comment :)
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + FIBO 0.5 level. Like, comment and subscribe to be in touch with my content!
NZDUSD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long NZDUSD Entry - 0.5896 Sl - 0.5858 Tp - 0.5970 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Preferred direction: BUY Comment: WThe buy-priority remains the same for the New Zealand dollar. Previously, we looked at a medium-term long trade, which is in progress and is in the accumulation stage. If we talk about short-term prospects, we can consider the two scenarios shown on the chart. There is a high probability that the buyer will strengthen at...
OANDA:NZDUSD is declining amid a strong dollar rally. The negative background for the currency pair has persisted for quite a long time and there is no reason to change this tone at the moment. On W1, we can clearly see the general trend on the part of strong bears, who continue to sell off the currency pair and the New Zealand dollar. On H4 it is worth...