🏃 AUDUSD is moving near the 🔴 Resistance zone($0.598-$0.593) 🔴 and managed to break the Support lines . 📈From the point of view of Classical Technical Analysis , it seems that AUDUSD has succeeded in forming a Head and Shoulders Pattern . 🔔I expect AUDUSD to fall at least to the 🎯 Target 🎯 I have specified on the chart. New Zealand Dollar/U.S.Dollar...
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...
Technical Points 1- Dow Theory works on Bearish side 2- Bearish Trend Line shows the continue of bearish trend 3- Fib retracement at 0.236 work as Resistance 4- Double Top also indicate the bearish trend 5- AB=CD also show strong indication of Bearish Trend
Hello Traders, BUY NZDUSD at 0.5809/0.5788 with SL 0.5795/0.5772 or and TP1 0.64 and 0.6578. Becare and don't tuch trade, Becouse of FOMC Meeting and interest rate news.
I am speculating NZD/USD to test the 200 moving average. Once There is additional confirmation from other pairs, DXY and signs of bearish reversal I may enter a short swing trade. Let me know if you have different ideas!
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59400 support and resistance area. Trade safe, Joe.
NZDUSD was in bullish retracement for last two weeks. At the moment we see a good bearish setup, if plays well can give good returns. Keep an eye!
market structure trend analysis dollar correlation buy opportunity
NZD/USD meets with a fresh supply on Tuesday amid a goodish pickup in the USD demand. Rejection near the ascending channel hurdle and the subsequent slide favors bearish traders. Investors now look to US macro data for some impetus ahead of NZ jobs data on Wednesday.
Hello,Friends! NZD/USD is making a bearish pullback on the 2H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 0.595 level. ✅LIKE AND COMMENT MY IDEAS✅
NZD/USD is rising toward a resistance level, which is a pullback resistance that aligns with the 61.8% Fibonacci projection and could reverse from this level to our take profit. Entry: 0.60067 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci projection. Stop loss: 0.60455 Why we like it: There is a pullback resistance...
the current trend is a down trendline and the price is moving in nice decent waves. if we do a back test you would see that the price will soon hit a strong area of resistance. we should be ready with a sell trade around this area that happens to be the 61% fib level.
Completion of abcd pattern imminent, then likely sweep of liquidity and reverse
This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry. This is my opinion, not for any signal service. Good luck.
SWING trade idea chart pattern, trend line, resistance zone, candle stick pattern
NZDUSD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short NZDUSD Entry - 0.5963 Sl - 0.5995 Tp - 0.5905 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
OANDA:NZDUSD NZDUSD has drawn a solid divergence, the last dip was the last attempt to go south after which the pair quickly recoiled. I see this as a great opportunity to go long.
There is a possibility of a five-wave rise. It will break through the highs upward.