Our analysis of the NZDUSD pair on higher time frames reveals a dominant bearish trend. Currently, the pair is approaching a crucial support level, with a potential retracement setting up a trading range. In the accompanying video, we present a trade idea contingent on favorable price action development. We identify key support and resistance levels, examine chart...
NZDUSD LONG Target 200 pips Weekly TF: Daily TF: 4H TF: 1H TF: Trade to be initiated after the price closes above the red sloping resistance TL in 1 H TF and exit to be triggered, if price breaches the green sloping support TL in 1H TF
NZD-USD finally broke the Long-term falling resistance Line and the breakout is Confirmed so we are Bullish biased and I think The the pair will go higher Mid-term !
The NZDUSD currency pair is currently hovering within a favorable buying zone, presenting an opportunity for traders to capitalize on potential upward movement. This zone, typically defined as a range of approximately 100 pips, is where market dynamics suggest a higher probability of price bouncing upward. Such zones often coincide with key support levels,...
In the 4-hour timeframe, NZD/USD is tracking a descending channel, prompting a short-term selling opportunity as we target the support trendline of the channel. Upon reaching this level, a bullish rejection suggests a potential long-term buying opportunity, leveraging the support trendline as a strategic entry point. Traders should monitor price action closely for...
a flag is forming. keep on breaking this flag to prove the validity of that flag...risk management is the key
Here we have a reversed chart of the major currency pair KIWI ! As you can see clearly the daily pump is holding on to the blue support line which happens to be SMA50 . This can strongly indicates a BOS AKA a Break Of Structure .
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...
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.
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!
The Business Confidence report for New Zealand's NZD/USD reveals a positive shift in business sentiment, with a rise to 36.5 in January from the previous figure of 33.3. This indicates an optimistic change in how businesses perceive the economic environment. However, the NZD Activity Outlook, measuring firms' expectations for their own activity, witnessed a slight...
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
A comprehensive analysis spanning multiple timeframes presents a bearish outlook, augmented by fundamental factors. On the monthly chart, there's a clear rejection at a significant resistance level, indicating strong selling pressure at these price points. Shifting to the weekly timeframe, a notable observation is the breach of a critical support level, which has...
NZD USD has formed an ascending channel which consist of Higher Highs and Higher Lows. the market has broken out of the channel and also broke the HL market structure now we must wait for a retest of the broken Higher Low to get a sell entry.
Certainly. Here's a rephrased version along with an explanation: We recently observed a market response following our decision to initiate a sell position at 0.6122 on the 4-hour (H4) chart. This decision was based on identifying a resistance level that overlapped with the current market conditions. In order to set clear risk and reward parameters, we...
🕛 TOPDOWN - Long-Term Bullish Setup for NZD/USD Overview: The 3-month, monthly, and weekly analyses indicate a significant shift in character for NZD/USD. After a prolonged downtrend, the pair shows signs of a bullish reversal. While a trend line resistance is identified on the weekly, a daily correction is expected before considering a long entry. 😇 7 Dimension...
Hey everyone, NZDUSD is approaching a perfect buying zone, price recently dropped heavily and will continue dropping for another few days. We need to wait for a daily candle to close in a strong bullish behavior once it does, we can enter accordingly. Like our work? Then Like and comment, most importantly follow our page so you never miss out of any big trade...
. 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