Today's fundamentals are very bullish for NZDUSD. The price is currently forming a high momentum bullish candle on a daily, violating a key horizontal resistance. It opens a potential for a further bullish continuation next week. Goal - 0.6058 ❤️Please, support my work with like, thank you!❤️
Preferred direction: BUY Comment: The outlook for the New Zealand dollar is the same as for the Australian dollar . In both cases, we are likely to see new local highs, but growth is limited, in the case of NZDUSD this is the level of 0.59857 . We are considering two options for the development of events. The most likely scenario is №1 , and scenario...
In the h4 time frame, it is moving in a descending channel, which is currently supported in the midline of the channel and the green box area, and can continue its growth up to the neckline and the supply area. 💎 Then, with a pullback, it will continue to grow by breaking the channel to the next supply area and filling the FVG gap. 💎 In addition, if the range of...
As the recession has hit NZ and the Kiwi dollar is weakening in strength, the USD even though is not at its best, still has enough power to bring NZD down in the coming days. The red line marked is he SL and the green line marked is the conservative TP. Good luck !
NZDUSD is looking bearish in HTF 1. Conditional Scoring: Bearish sentiment is derived from expectations of deteriorating economic conditions in New Zealand relative to the US. 2. COT-FILP: Bearishness is based on speculative positioning in the futures market, where traders anticipate a decline in the NZDUSD exchange rate. 3. Seasonal Patterns: Bearishness...
NZDUSD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short NZDUSD Entry - 0.5985 Sl - 0.6015 Tp - 0.5933 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear subscribers, My technical analysis for NZDUSD is below: The price is coiling around a solid key level - 0.5904 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.5947 My Stop Loss - 0.5876 About Used Indicators: By the very...
OANDA:NZDUSD NZDUSD is in a descending channel on 4H TF, and touching the trendline. Sell 0.59800-0.60000 SL: 0.60400 (40 pips from zone) TP: 50-100-200 Pips (Low Risk, High Reward) Follow, Like & Comment for any chart.
The Kiwi (NZD/USD) is trading at a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.5979 which is a pullback resistance. Stop loss is at 0.6025 which is a level that sits above a pullback resistance and a confluence of Fibonacci levels i.e. the 100.0% projection and the 127.2% extension levels. Take profit is at...
The Kiwi (NZD/USD) has hit the pivot to stall and reverse. Could this FX pair potentially drop lower towards the 1st support? Pivot: 0.5979 1st Support: 0.5938 1st Resistance: 0.6045 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Looking for Impulse Down. Nzdusd will start to move down soon on retracement. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments. Learn & Earn! Wave Trader Pro
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
FX:NZDUSD reaches the previously outlined target. The trend remains and has a bearish direction, the structure of which is preserved and the direction of price movement can be continued. A retest of 0.5940 is formed on the background of yesterday's news and a slight weakening of the dollar index. The currency pair is strengthening within the downtrend,...
Market Analysis: NZD/USD Attempt Another Recovery NZD/USD is also rising and could extend its increase above the 0.6000 resistance zone. Important Takeaways for NZD/USD Analysis Today NZD/USD is showing positive signs above the 0.5925 support. There is a key bullish trend line forming with support at 0.5940 on the hourly chart of NZD/USD at FXOpen. ...
OANDA:NZDUSD It seems that the NZD has found support and is ready to rise again. I will be targeting the level of the last high. This should be a moderately risky trade with a tight stop.
As we i have shown the anslysis of the 4H strucure, this TF also shows the shift that support the reversed outlook of the pair. Now, we take tha short trade in a confident way. Continue learning.
AS we are seen USD has been strong in recent days. However, the NZD have failed to break above the 4H structure, if we refine it to 30m we see Liq sweep by candlestic and after the price to tap the area, it reversed down. .We observe the 4H shift, the price pushed into the interna structure of the shift to gain mommentum down. .Now, we support it to short the...
We see the possibility of further declines after the ABC close. It's a zigzag pattern.