The Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 0.61554 Why we like it: There is a pullback resistance level Stop Loss: 0.61856 Why we like it: There is a pullback resistance that lies above the 38.2% Fibonacci retracement level Take Profit: 0.60923 Why we...
The price may potentially begin to exhibit bearish signals as it enters the (OB) zone. Alternatively, we could await the mitigation of a Daily Fair Value Gap (FVG) and the emergence of short opportunities.
Hello Traders It seems NZD/USD is going to make a diagonal correction. it is possible, since we are bullish on USD. so we are expecting the price will reach 0.60 and 0.595 levels eventually. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published...
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...
My dear subscribers, My technical analysis for NZDUSD is below: The price is coiling around a solid key level - 0.6124 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.6092 About Used Indicators: By the very nature of the...
Hello,Friends! We are targeting the 0.606 level area with our short trade on NZD/USD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: BUY Comment: Despite the short-term and medium-term bearish outlook for the US dollar , the USDJPY currency pair will still remain a buy-priority, most likely in the long term. In the very near future, the instrument will most likely go for a correction, but you should not count on too deep a downward movement. The medium term for this...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.6102, which is a pullback resistance. Our take profit will be at 0.6079 an overlap support level. The stop loss will be placed at 0.6131, above a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and...
NZDUSD - 24h expiry Indecisive price action has resulted in sideways congestion on the daily chart. Pivot resistance is at 0.6140. We expect a reversal in this move. A move through 0.6100 will confirm the bearish momentum. The measured move target is 0.6050. We look to Sell at 0.6140 (stop at 0.6166) Our profit targets will be 0.6075 and 0.6060...
Confirmed that NZD is selling from this point. 15M highs should hold
Please, check our technical outlook for NZDUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.607. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.611 level soon. P.S We determine oversold/overbought...
Hello traders, we want to check the NZDUSD chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to play the role of a resistance level and the price will fall to around 0.500. Good luck.
The price has shown some strength to the upside, which is aligned with an estimated pullback to mitigate a 4-hour OB. Currently, we have good confluences, so we can aim to expect the price retracting to the OTE, which also has liquidity resting above and a beautiful OB at the same price.
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too. ❤️ Please, support our work with like & comment! ❤️
Hi viewers, NZDUSD in last period bearish. Currently price bounce on zone, what can see we will can expect one more bearish push TP1: 0.59700 (110) TP2: 0.59100 (170)
The Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 0.60825 Why we like it: There is a pullback resistance level Stop Loss: 0.61221 Why we like it: There is an overlap resistance that lies above the 61.8% Fibonacci retracement level Take Profit: 0.60382 Why we...
The Kiwi (NZD/USD) is experiencing a strong bearish momentum and could potentially drop lower. Sell entry is at 0.60957. Stop loss is at 0.61730 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 0.60382 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. High...
Pair Name : NZD/USD Time Frame : 4 hrs Scale Type : Large Scale ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Short ) Mid Term Type : Mid Term Swing —————————— Bearish Break 0.60650...