The NZD/USD pair has shown an upward reversal, so buying is preferred. Currently, our trading strategy indicates the need for a downward correction. The ideal scenario on November 06th would be a touch of the November 2nd high at 0.59171. On Monday, a small momentum-driven growth is possible, followed by a correction. In any case, after the completion of the...
NZDUSD is currently approaching a strong intraday/daily horizontal demand cluster. After a CPI release, pay attention to an expanding wedge pattern on a 4H time frame. Its resistance breakout - 4h candle close above - will give you a strong bullish confirmation. A bullish movement will be anticipated at least to 0.5899 Alternatively, a bearish violation of a...
Hello guys We back with a little explain about the chart : According to the chart that you can see we are near to resistance area but in past of the movement price , ... because of this reason we expect that the price should break this area and this heavy resistance and we will update the chart and the movement . If you need any help or any question can send us...
Hi viewers, NZDUSD in last periods strong bearish. Currently price bounce on zone, what can see we will can expect strong long bullish push TP1: 0.61100 (120) TP2: 0.61600 (170) TP3: 0.62100 (220)
This is for short term Marked Possible Sell Zone And this is risky too. Please DYOR before entering the trade.
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NZDCAD forms a trend change and continues to update local lows showing us the current trend. Prerequisites for further decline: 1) The market is neutral, flat is formed 2) The price bounces from support and heads to resistance to retest the line. 3) Locally - bearish trend. Resistance may push the price back Resistance levels: 0.8134, 0.8144, 0.8155 Support...
✅NZD_USD is about to retest A strong horizontal support Level of 0.5836 from where I will be expecting a local Bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Welcome back! Let me know your thoughts in the comments! ** NZDUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hey Traders, in tomorrow's trading session we are monitoring NZDUSD for a selling opportunity around 0.59300 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59300 support and resistance area. Trade safe, Joe.
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...
📈 NZDUSD: Navigating the Waters of Long Trade Potential with Elliott Wave Expertise 🌊🚀 Embark on a journey through the waves of NZDUSD as we unveil potential long trade opportunities using the precision of Elliott Wave Analysis. Dive into the intricacies of wave patterns, identify key support levels, and explore advanced strategies tailored for long trades. This...
NADUSD / 1D Hello traders, welcome back to another market breakdown. NADUSD pair has been trading in a Bearish trend, the price is showing evidence of trend resumption so far. I'll look to get on for higher prices after getting the LTF confirmation in this Pull-back phase. The price is now stuck in a trading range as showen in the chart. Trade safely, Trader Leo
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
As the DXY strengthened overnight, the NZDUSD traded significantly lower, as the price reversed from the 0.5950 price level, down to 0.59, which coincides with the 50% fib retracement level from the longer term. The NZDUSD looks to be entering into the support area formed by the 50% and 61.8% fib retracement level. Anticipating a continuation in DXY strength,...
On this pair, we see that the market is on bullish swings on both the 1 hour and 4 hour charts. Price is currently testing the large 4-hour zone and looks like it is beginning to slow down on the bearish dive. Below the current zone is a refined 1-hour zone. From my experience in the market over the years, I have come to the conclusion that there is a strong...
The Kiwi (NZD/USD) is approaching an overlap support. Could the bearish momentum trigger a breakout below this level to drop lower? Sell entry is at 0.59171 which is an overlap support. ( Wait for confirmation of bearish breakout on the 1hour timeframe. ) Stop loss is at 0.59530 which is a level that sits above the 38.2% Fibonacci retracement level. Take profit...
The New Zealand dollar is in positive territory on Wednesday. In the European session, NZD/USD is trading at 0.5926, up 0.26%. New Zealand's manufacturing sector has been in decline for seven consecutive months and little change is expected from the October PMI, which will be released on Friday. The market consensus stands at 45.0, compared to 45.3 in September,...