🏃 NZDUSD is moving near a 🟢 Heavy Support zone($0.6110-$0.6050) 🟢. 📈Regarding Classic Technical Analysis , it seems that NZDUSD has succeeded in forming a Double-Bottom Pattern , and we are currently witnessing a pullback to the Neckline . 🌊In terms of Elliott wave theory , NZDUSD seems to have completed 5 impulsive waves and is currently completing ...
My dear friends, Please, find my technical outlook for NZDUSD below: The price is coiling around a solid key level - 0.6091 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.6106 About Used Indicators: The pivot point itself is...
Hello,Traders! NZD-USD will soon hit A horizontal support level Of 0.6076 and after that I will be expecting A local bullish correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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...
Hello Traders, Hope you all are doing good!! I expect NU to go Up from here. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence,...
hello guys NZDUSD Formed an inverted head and shoulder on a daily key level during the formation the price rejected a supply zone many times it also plays now as a neckline for the pattern if the price manages to break and retest it may be a very good entry for a buying opportunity
I think USD will show us strength next week maybe with the FOMC meeting giving us a catalyst for a move. Also I am sharing a correction for my idea regarding GBPAUD trade from last video
Hey Traders, in the coning week we are monitoring NZDUSD for a buying opportunity around 0.60600 zone, NZDUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.60600 support and resistance zone. Trade safe, Joe.
NZD/USD is also rising and could extend its increase above the 0.6110 resistance zone. Important Takeaways for NZD USD Analysis Today NZD/USD is showing positive signs above the 0.6100 support. There is a major bearish trend line forming with resistance near 0.6110 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis On the hourly...
Preferred direction: SELL Comment: In the very near future, the New Zealand dollar is also expected to fall to 0.60144 , which we also wrote in the previous trading idea for this pair. More medium-term prospects look long, but for this, as we wrote, it is necessary to wait for a short-term fall. The resistance level of 0.61263 is unlikely to be overcome,...
Preferred direction: SELL Comment: Today, a number of important data are expected to be published. We will be especially interested in data from the USA , which is the most sensitive for the market. We continue to consider the AUDUSD currency pair for sale from the level of 0.65848 . According to the main scenario, sales are already active. The second...
The Kiwi (NZD/USD) could rise towards a pullback resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 0.61447 Why we like it: There is a pullback resistance level Stop Loss: 0.61856 Why we like it: There is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level Take Profit: 0.60616 Why we...
Dear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
NZDUSD today for me is sell. We have nice move down, now is consolidation. After that I expect move 1:1 down.
Hello traders, Will start our analysis with the US index which will help us identify market movements for the major currency pairs. By looking at DXY we are expecting a Zigzag pattern to be formed. According to Elliot Waves, a Zigzag pattern has 3 waves labeled A,B, and C where Wave A= 5 subwaves, Wave B= 3 subwaves, and Wave C = 5 subwaves. We can see that we...
Preferred direction: BUY Comment: The previous trading idea for the yen is in progress. We are considering further purchases here. The main buy level is located at the level of 147.801. Everything is unchanged here and we expect to approach 150 exactly. It must be said that in the more medium term, the instrument will most likely trade above this...
Hello,Traders! NZD-USD has retested The horizontal support Level of 0.6090 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!
The Kiwi (NZD/USD) ) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.60933 which is a pullback support. Stop loss is at 0.60400 which is a level that sits under an overlap support and the 61.8% Fibonacci retracement level. Take profit is at 0.61575 which is a pullback resistance that aligns...