We can see price continues to be bearish on multiple time frames. This is followed by a trendline breakout on the daily time frame as well as a channel pattern breakout.
Here is my view for NZDUSD on H1. 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!
Here is my view for NZDUSD on H1. 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!
Here is my view for NZDUSD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for NZDUSD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZD-USD is trading in a Downtrend and broke Out of the bearish wedge So I think it will fall further !
Very simple trading pattern forming in the direction of bigger picture trend. We will wait until we see a bullish correction on the smaller time frames before looking for an entry. Once this correction is complete we will then enter short as long as we think we can achieve a minimum of 1 to 3 risk reward on this particular trade.
The New Zealand dollar experienced a significant drop of over 2% on Wednesday, reaching its lowest level in more than three months at $0.6039. This decline followed the Reserve Bank of New Zealand's (RBNZ) expected decision to raise cash rates by 25 basis points to 5.5%. However, the central bank also hinted that it might conclude its tightening campaign, which...
NZDUSD - D - Movement Prediction and forecast idea in medium term. level to Buy in zone .
#NZDUSD - NZDUSD has been going UP very fast in recent days. The reason for that is because the VIX is down and the strength of the dollar is decreasing. Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due to MARKET RISK ON again this week. For that, the influence of USD was very strong. Fomc update...
Hey Everyone, NZDUSD is now in our view expecting price to come to our region and then drop from there. We can also have a good buying opportunity though it would be wise for us to look just for sell setup.
A breakdown of May 12 low at 0.6182 will further drag the price toward May’s low at 0.6160 followed by April 26 low at 0.6117. The Relative Strength Index (RSI) (14) is signaling further weakness ahead.
Nice entry point for a good short with low risk. My entry is on chart.
#NZDUSD initial supply zone for short 0.6295-6310, if price breaches this supply zone to the upside, then next extreme supply zone for short .06345-80. stop loss: 0.6405, target: 0.6155.
Here is my view for NZDUSD on H1 for May 2nd, 2023. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Based on H4, NZDUSD right now is on support, if it break it can go for 0.61$ level.
Here is my view for NZDUSD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for NZDUSD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!