H4 - Bullish trend pattern. Until the strong support zone holds I expect the price to move higher further after pullbacks.
Like all the Jpy pairs, NzdJpy was also affected by the BoJ verbal intervention and in this case, we have a drop of 300 pips. After the sudden drop the pair started to recover losses and at this moment is approaching a strong sell zone. Traders could look for weakness signs in this zone and the target could be set in the recent low zone. Also, the 85.50 zone could...
Price bottomed out mid-September and has been trading in a consolidation since August. After the initial break in the beginning of October, price entered another range (small pullback). I'm currently seeing an upside breakout coming out of an accumulation. This is an indication that there is a good swing trade opportunity here.
Hello,Traders! NZD-CHF is retesting the Horizontal support of 0.5406 After a nice bearish correction So I think we will see a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
NZDUSD is trading inside a Channel Down throughout the whole year. The 1day RSI is on an uptrend, the same kind on the prior two bullish legs that both hit at least the 0.618 Fibonacci level. With the 1day MA50 already broken, buy and target 0.61150 (Fib 0.618). Previous chart: Follow us, like the idea and leave a comment below!!
Not much to say here other than this pair is ranging, we're back on the descending channel centreline, with a familiar wobble. and with great recent NZD performance against weakening CAD due to oil prices I think we'll see a continuation of this bullish momentum up to the channel top.
The 1-4 hour trend is technically bearish, however, we just broke the 4h 100 moving average with a solid bullish engulfing candlestick, our stoploss covers daily moving average, and 12 hour is developing a good price action. Overall I think the higher timeframe bias will continue and this short-term bearish movement should fade. 📈😊
Hello traders ,what do you think about NZDCHF? After reaching the resistance zone, this pair could not cross it and now it has gone below the support level. It is expected to drop to the specified level with a little fluctuation in this area If this post was useful to you, do not forget to like and comment.❤️
GBPNZD closed a strong 1D green candle yesterday, the first of this magnitude after almost one month. The 1D timeframe remains bearish technically (RSI = 39.063, MACD = -0.018, ADX = 72.262) so the trend is still bearish but as the 1D MACD is close to a Bullish Cross, and the 1D MA200 is holding, we can take a counter trend buy and target the R1 level (TP =...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. NZDUSD has been overall bearish trading inside the falling broadening wedge pattern in orange, and it is currently approaching the lower bound of the wedge. Moreover, the zone 0.57-0.58 is a strong support zone. 🏹 So the highlighted orange circle is a strong area to look...
Hi Traders! There is a rising wedge pattern on NZDJPY, which signals a possible reversal of the bullish trend we have seen over the past few months. Price Action 📊 There was an aggressive upside price rejection candle followed by a momentum break below the 20 EMA. This shows that there may be new waves of bearish volume entering the market. We are looking for...
As we can see GBPNZD has rejected support having broken through the long term ascending channel. According to my chart we've not retested the channel yet (obvs this isn't always the case, but I would have expected it as it was a long term bullish trend), so I'm thinking it will. As this is a retracement trade i'll be looking to TP before my resistance block just...
Still on the downside for shorts...watching on the h1. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift...
A reversal in GBPNZD is expected as a Butterfly Harmonic pattern is expected to play out at a resistance Level.
AUDNZD broke and closed below a solid horizontal supply area on a daily. The broken structure turned into a resistance now. The market will most likely keep falling. Next goal - major weekly rising trend line. ❤️Please, support my work with like, thank you!❤️
✅GBP_NZD is making a Bullish rebound from the Wide horizontal support Level of 2.031 and the Pair looks oversold so I Will be expecting a Further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅NZDUSD managed to form an Ascending Broadening Wedge Pattern. 🐮Also, NZDUSD seems to have passed a Bull Trap . 🏃Currently, NZDUSD is moving in the 🔴 Resistance zone($0.6018-$0.5980) 🔴. 🔔I expect the NZDUSD to fall to the 🟢 Support zone($0.594-$0.5929) 🟢 and the lower line of the classic pattern due to the formation of the 💫Evening Star Candlestick Pattern💫...
This pair is in an uptrend. It has since consolidated at 0.5450 and we are taking a LONG position now. There is a harmonic pattern and strong support at the base. Nice RSI Divergence. Stop loss is just 30 pips. We also exited EURCHF with a nice 65 pip profit.