NZDUSD pulled back from the support level. Price is trading in the descending channel. There's a kill zone level where the resistance level lines up with the 61.80% fibo level. We expect a rollback from the levle since, according to the 4-hourly chart, the market is essentially consolidating. ------------------- Share your opinion in the comments and support...
Looking for selling opportunities from either supply zones.
In the NZD/USD pair's daily timeframe, a bullish trend seems to be forming, evidenced by an ABC pattern. Following the completion of the last impulse, which underwent a 50% correction, there's a potential setup for further upward movement. Traders may look for confirmation signals such as breakouts or bullish candlestick patterns to validate this bullish bias...
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.
We expect further upside on this pair, signalled by the key level breakout. We can also see a change in market structure from bearish to bullish which supports our directional basis.
Demand zone for long 0.6060-40, stop loss: 0.6025, target: 0.6180
NZ Economist's bold call opens opportunity in NZD? Sharon Zollner, chief economist at ANZ (the country’s largest retail bank), says the RBNZ may lift interest rates to 6% at its next meetings in February (27th) and April. Zollner accounts for 25 basis points in each meeting. This could potentially open some targets to the upside in the NZD/USD, including a...
Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price filled the imbalance and could reject from resistance zone. Like, comment and subscribe to be in touch with my content!
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...
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...
Price reached a supply zone which was the goal this week. Looking for bearish momentum to occur if enough sell orders are there. Will be waiting for more confluences to take a sell.
NZDUSD is trading in the descending channel. Price pulled back from the support level. There's a kill zone level where resistance level 61.8% fibo perfectly lines up with it. The market is consolidating near the psychological level 0.61000, creating divergence. We expect a bearish move to complete the AB=CD pattern. ------------------- Share your opinion in...
We expect further upside on this pair, signalled by the symmetrical triangle pattern breakout. We can also see the breakout of a trendline and key level which further supports our directional basis.
As I explained in my previous post, everything seems to be working out fine, and in profit. We are looking for a break above the neck and possible retest to add more longs.
NZD-USD broke out of the bearish flag and The breakout is confrmed So we will be expecting A potential move down !
Waiting for a break and retest at 0.60615 to short NZDUSD back to 4H ley level at 0.59003 If you agree drop a like and if you have any questions leave a comment :)
Dear Traders, Hope you had a great weekend, now looking at the big picture of NZDUSD, we think price will likely to reverse after touching our area, DXY may become reverse in a week or two, while the pair is yet far from our entry point. We expect smooth drop; ensure you take appropriate risks when trading. Like our idea and comment your views!
. 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