Hello Traders, here is the full analysis. The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61600 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61600 support and resistance area. Trade safe, Joe.
In a recent post, I emphasized that it is of paramount importance for Kiwi bulls to maintain the 0.6010-0.6030 zone. As long as this level remains intact, the drop from the recent peak is considered only a correction to the initial upward movement that began in November of last year. As indicated by the chart, this level is identified by horizontal support and...
Preferred direction: BUY Comment: For this currency pair, we continue to insist on a medium-term long with a target at the level of 0.65848. Scenario №1 is in the works, but we are not taking scenario №2 off the table, since this is where the local minimum may still be updated. Among the majors, the most confident pairs for growth now are, of course, ...
Market Analysis: NZD/USD Grinds Higher NZD/USD is rising and could extend its increase above the 0.6130 resistance zone. Important Takeaways for NZD USD Analysis Today NZD/USD is gaining bullish momentum above the 0.6080 support. There was a break above a major bearish trend line with resistance at 0.6105 on the hourly chart of NZD/USD at FXOpen. ...
This idea comes from the Mitigation of the OTE Level of the latest Bearish Impulse. There's a 5m shift, that allows us to look for a short
Preferred direction: BUY Comment: The British pound is also expected to begin a recovery. There are also two main scenarios here, and in this case, it is best to consider both options at the same time. There is still a possibility of updating the local minimum at level 1.25279 . However, buying from current ones is also relevant, since the price may fly up...
Preferred direction: BUY Comment: This week the news background is calmer than the previous one, which allows you to work more on technical analysis. A reversal of the US dollar is on the agenda. And for the euro , accordingly, we expect growth towards the level of 1.09000 . Closing the price above 1.07600 will automatically activate an upward impulse...
NZDUSD - 24h expiry Price action has stalled at good resistance levels and currently trades just below here (0.6120). We expect a reversal in this move. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. A move through 0.6100 will confirm the bearish momentum. The measured move...
✅NZD_USD made a bullish Correction but the pair Is trading in a downtrend Beneath the falling resistance Line so after the pair retest The resistance I wil be Expecting a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Preferred direction: Neutral Comment: The previous short trading idea worked out completely, and the take profit was fixed. Today, metals behave more uncertainly than currencies . Nevertheless, we will consider two scenarios for the development of events in gold, which are still more directed in favor of the bulls. The more likely scenario №1 says that...
Preferred direction: BUY Comment: The RBA's decision on the interest rate will also most likely have an impact on the New Zealand currency, to a lesser extent, surely, but potentially, since the economies of New Zealand and Australia are closely related and are neighbors. However, we are considering longs for this instrument in the medium term,...
A similar trade to the EURUSD from last week. H4: Pointing Downwards D1: Down Moving Average: With Daily MA H4 pointing downwards Pattern: Deep Crab on M30 Strong resistance at 0.6125 30 pip stop loss. 70 pip target
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.
✅EUR_NZD has retested The horizontal support Of 1.7608 from where I think we will see a Bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
By checking the USDJPY chart, we can see that exactly as we expected, this currency pair has started a heavy fall and with more than 90 pips correcting , it is currently trading in the range of 147.97, and I expect the price to continue this fall. Its possible targets are 147.7, 147.2 and 146.8 respectively! This analysis will be updated! I hope you have made the...
By checking the AUDUSD chart, we can see that the price is supported in the range of 0.64700 and with the heavy fall that created a big liquidity void and FVG , I expect that by maintaining the current support, it can grow to higher levels such as 0.654 and 0.65870! Please support me with your likes and comments to motivate me to share more analysis with you...
The New Zealand dollar is showing limited movement on Tuesday. Early in the North American session, NZD/USD is trading at 0.6052, down 0.03%. New Zealand releases the fourth-quarter employment report later today. Employment is expected to rebound with a 0.3% gain, after a decline of 0.2% in the third quarter, which was the first decline in over three years. The...