Hey there! Let's talk about the NZD/USD market and what to expect next. After a prolonged period of decline, the market has hit a plateau. Bulls, unfortunately, suffered a blow when the support level of 0.60841, which had been holding the uptrend, was broken. This flat phase we're experiencing shows all the signs of typical manipulation with highs and lows.
Now,...
Let's take a look at what happened in the NZD/USD market last week. There was some manipulation going on with the prices. We were actually expecting the market to rise due to some planned strategies by the buyers. However, we had a change of plans when the market rose without breaking the low of 0.60620 from January 23rd. This made us shift our perspective and...
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...
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.
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 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
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...
Hey there, folks! Missed us? Ready for some market action? ;-)
After a two-week rally that kicked off in mid-December, followed by a corrective phase in the closing days of the past year, it's no surprise that the market has resumed its downward trajectory. Right now, our strategy unmistakably points to a downward impetus. That said, the prevailing trend remains...
From a fundamental perspective, this pair has aggressively recovered upward. This is attributed to the downward trend shift of the dollar and projections for the NZD, which include talks of a potential interest rate hike in the first quarter of the upcoming year. However, the U.S. economy is showing signs of cooling down, leading to projections of rate cuts...
my outlook on NU this upcoming week. NU has been moving with the trend beautifully and will most likely continue to do so for another while. make use of it while its still here
as always, follow your trading rules and position yourself wisely
The NZDUSD has shown notable upward momentum, reaching a significant resistance point on both daily and weekly charts. This video offers an extensive analysis, carefully scrutinizing price actions and uncovering potential trade prospects through comprehensive assessments across various timeframes, spanning from weekly down to 15-minute intervals. Expect a thorough...
Here is my analysis for NZDUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
