If commodity FX is anything to go by, we could be in for a bout of risk-off. The yen and US dollar were the strongest majors, which saw AUD/JPY and NZD/JPY pull back from cycle highs and form bearish outside days alongside AUD/USD and NZD/USD. The fact that AUD/USD reversed at its 200-day average and closed beneath the 200-day EMA makes it likely the 2-day bounce...
NZDUSD - 24h expiry Mixed but negative price action has resulted in consecutive, narrow-ranged, sideways trading days. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 0.6100 will confirm the bearish momentum. The measured move target is 0.6050. We look to Sell at 0.6125 (stop at 0.6149) Our profit...
Hello guys, I hope you are doing well. Gold moved up from a four-hour demand area with the confirmation of the hammer candle that I told you yesterday, it has now reached a four-hour supply area, which I refined to the 1-hour and 15-minute areas. -If the four-hour candlestick above the dashed line I drew closes, other sell positions have higher risk.You should...
✅NZD_USD already made a Nice rebound from the Horizontal support level of 0.6084 And we are locally bullish biased So I think that we will see A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-USD has retested The horizontal support Of 0.6085 and we are Already seeing a bullish Reaction so I think that The pair will go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
#NZDUSD UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #NZDUSD. NZDUSD is in the consolidation phase right now. Here we cans see that we had two strong levels. One is major support and and other is the major resistance. If any breakout UP/DOWN then our target will be the...
The Kiwi (NZD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.61696 which is an overlap resistance that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 0.62180 which is a level that sits above an overlap resistance that aligns close to the 38.2% Fibonacci...
Waiting for a retest at 0.61137 to short NZDUSD back to key 4H level at 0.60554 If you agree drop a like and if you have any questions leave a comment :)
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...
Take a look at our analysis for NZDUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.611. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.622 level soon. P.S We determine oversold/overbought condition...
FX:GBPNZD is now creating the right shoulder of the Head and Shoulders pattern. I'd wait for the neckline penetration to validate the pattern before going short.
Hello,Friends! NZD/USD is making a bullish rebound on the 1H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.610 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello traders, we want to check the NZDUSD chart. The price has broken the uptrend line and is moving in a descending channel. The price has reached the specified key level and we expect this level to play the role of a support level and the price will have a correction up to around 0.62000. Good luck.
✅NZD_USD is going down now But a strong support level is ahead at 0.6087 Thus I am expecting a rebound And a move up towards the target at 0.6120 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hi viewers, NZDUSD price on zone, new bearish push expecting here TP1: 0.60050 (90)
Preferred direction: Neutral Comment: The previous target was also hit for NZDUSD . Here, just like with AUDUSD , the targets are all closed and an upward reversal is expected. The conditions for this have also not yet been created and most likely the price for the currency pair will still update local anti-records. Getting involved in sales is quite...
Preferred direction: Neutral Comment: Our last trading idea for AUDUSD successfully hit its target. At the moment, it is assumed that the instrument will sink down a little more, but you can already think about a reversal upward. The current estimated area is quite wide, so entry points are now anyone's guess. Therefore, we will be patient and wait for the...
OANDA:NZDUSD continues to consolidate in a narrow range as uncertain sentiment is also seen in the dollar index amid a challenging fundamental environment. The TVC:DXY has been consolidating below resistance for two and a half weeks, which in standard practice is a strong downside signal as resistance cannot be broken. NZDUSD pair broke uptrend support...