Hello Traders It seems NZD/USD is going to make a diagonal correction. it is possible, since we are bullish on USD. so we are expecting the price will reach 0.60 and 0.595 levels eventually. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published...
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.
Price was unable to break and close above the blue zone so am looking for a 4h close below the blue zone within structure and a retest and a lower low on the 30 min time frame but am mindful that Mondays can be quiet plus the action may not start until after tomorrows CPI
Demand zone for long 0.6060-40, stop loss: 0.6025, target: 0.6180
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...
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.
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.
. 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
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...
🏃 NZDUSD is moving near a 🟢 Heavy Support zone($0.6110-$0.6050) 🟢. 📈Regarding Classic Technical Analysis , it seems that NZDUSD has succeeded in forming a Double-Bottom Pattern , and we are currently witnessing a pullback to the Neckline . 🌊In terms of Elliott wave theory , NZDUSD seems to have completed 5 impulsive waves and is currently completing ...
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
. 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
. 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
NZDUSD looking for buys , respecting the bullish trend NOTE: 1.Risk Management is crucial 2.Money management is your guide 3.Trade responsibly