NZDUSD was trading in a bearish trend, and recently made a double bottom on 4hr, we are placing buy-stop orders on the break of the neck line. There is RSI div which is conforming the reversal.
Looking at a 4-Hrly chart of NZDUSD, with expectations that we are ready to see this move lower.
Preferred direction: BUY Comment: Buy-priority is also relevant for the New Zealand dollar . Most likely in the very near future we will once again go for maximum updates. The growth target is considered at the level of 0.61670. The most likely scenario, as we have outlined, is an increase from current prices (scenario №1). One can also consider growth...
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60400 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.60400 support and resistance area. Trade safe, Joe.
NZDUSD 4 Hrly chart, looking to short up hear near the highs
The rebound we expected on NZDUSD came a little later than we expected two months ago (March 22, see chart below) but nonetheless it is being delivered now and the price is now very close to our medium-term target: Since we observe though a shift on the Lower Highs trend-line of the long-term Channel Down, we decide to push the Target higher to 0.62600, which...
Market Analysis: NZD/USD Set Sights on Additional Upside NZD/USD is also rising and could aim for a move above the 0.6140 resistance. Important Takeaways for NZD/USD Analysis Today NZD/USD is consolidating gains above the 0.6100 support. There is a key bullish trend line forming with support at 0.6100 on the hourly chart of NZD/USD at FXOpen. ...
As price under movment descending channel expect drop pls like for support thank you
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6076 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.6025 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is...
Hello Everyone, The NZD/USD pair has shown positive performance lately. While fluctuations are expected in the near future, the overall long-term outlook remains bullish. TradeWithTheTrend3344
The Reasons are; All Timeframes are Bullish starting from the weekly, Daily and 4 hour. It failed to break the daily AOI The previous daily candle stick was BULLISH. There was a strong BULLISH engulfing candle on the 4hour and also on the 1hour right above the AOI.
My dear friends, My technical analysis for NZDUSD is below: The market is trading on 0.6115 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.6042 Recommended Stop Loss - 0.6164 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
NZDUSD is in a downward trend channel. This suggests that the New Zealand dollar is weaker than the US dollar. Price has recently showed some rejection at the top of the channel therefore we are looking to sell. The Take Profits target should be 0.58807 .We will set our Stop Loss at 0.60400 to manage risk in case the price reverses. It is important to closely...
My Dear Robbers / Traders, This is our master plan to Heist Bearish side of NZD/USD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish...
Hey Traders ! On Tuesday 16 April, The NZDUSD Reached a Support Level (0.58774 - 0.58590). Yesterday, The Price Broke The Resistance Level (0.60830 - 0.60598). The Resistance Line is Also Broken. So, I Expect a Bullish Move 📈. ---------------- TARGET: 0.61750🎯
The market's correlation with EUR is evident, and FX:NZDUSD is currently testing a key resistance zone on the weekly timeframe. The momentum has stalled in this area, with candles displaying a contraction. This zone has been tested multiple times in the past, each time resulting in a lower price action. Given the market's overextended state, I expect a...
Shorting contrarain daily fibonacci at BlackJack setup. weekly is in downtrend and is moving C-D on weely what gives trade biger probability. setup similar to EURUSD
The market's correlation with EUR is evident, and FX:NZDUSD is currently testing a key resistance zone on the weekly timeframe. The momentum has stalled in this area, with candles displaying a contraction. This zone has been tested multiple times in the past, each time resulting in a lower price action. Given the market's overextended state, I expect a pullback...