NZDUSD moving in a Channel and now testing its upper trendline, We may see selling from here and price will test middle and then lower line of the channel. It's a long term trade so, mange your risk accordingly!
NZD/USD 15m. I will see any rejection on Golden Ratio for starting for a new bullish leg... - This is not sell or buy signal. Don`t trade with anybody else analysis or signals. - Never risk more than 1% of your account on any position. And don't forget to have more than 5 confirmation for any trade!
Following the 12-13-2023 high this looks to be an incomplete corrective structure. Would expect further pullback to or beyond the marked blue Fib zone. If price does pull back to that range, a bullish setup should develop as it exits to the upside.
Another swap play is going to be the New Zealand dollar. As always, buy it low, sell it high. In all of the plays I am showing the currency I am swapping to may also be invested in the countries main stock exchange on the SP500 or their own index for the duration of the swap.
With the correction of the dollar index, this currency had a good rise and now it is near its upward target and we are waiting for the confirmation of the sell position. From the area of 0.63440 Stop 0.64117
We wait for correction to around 0.61708 zone, then we'll be waiting for a buy setup in that area, bullish structure at play.
Hello,Friends! NZD/USD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
NZD USD has formed a bullish pennant continuation pattern. A breakout has occurred we are now waiting for a retest of the broken LH for a buy entry.
H1 - Strong bullish momentum. Downtrend line breakout. Higher highs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
📊 # OANDA:NZDUSD NZDUSD Fractals Market Algorithm (14/12/2023) Free Forecast Long NZDUSD Fractals priceaction
. 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
Hello traders, Wave 5 is supposed to materialise towards the resistance zone at 0.62540-0.62730. Thanks.
In 4H chart the price is in down trend it formed a series of LH LL and closed strongly under the MA and the last swing LL Also the RSI is down Short at 0.60940 SL 0.62000 TP 0.59500
📊 #NZDUSD Fractals Market Algorithm (13/12/2023) Free Forecast Hummer Buyers :0.61707 Hummer Sellers : 0.61533 Magnet Buyers : 0.61655 - 0.61547 Hummer Sellers : 0.60826 Hummer Buyers : 0.61004 Magnet Sellers : 0.60967 -0.60864
It's a good sell after a pullback. The risk-to-reward ratio is better compared to GBPUSD. TP and SL are marked. Always follow risk management
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.61500 zone, NZDUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.61500 support and resistance area. Trade safe, Joe.
Hey Traders, As the NZDUSD rises to early resistance amid US data we can identify short entries, now and beyond. We can also look below to areas of long term long bias. Apart from the 2017-2019 difference in Monetary Policy, the RBNZ has followed the FED alike many other central banks as global economic outlook has adjusted to current times. Studying Price...