Eurnzd Liqudity sweep Waiting for bms Bearish pullback to order block
My dear followers , Please, find my technical outlook for NZD/JPY below: The market is trading on 86.206 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 85.885 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the...
NZDJPY has been creating lower highs inside of the above triangle and in addition to this fact price rejected the last resistance at 87.00 . The fact that we are seeing lower market structure and the fundamentals not being so good for the new zealand dollar is in my opinion that a push to the downside in the near future might happen to the following targets ;...
✅NZD_JPY is now breaking out Of the bearish triangle pattern So I am bearish biased and If the breakout is confirmed Then I think that we will See a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hey Traders, in today's trading session we are monitoring AUDNZD for a selling opportunity around 1.08 zone, AUDNZD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the trend at 1.08 support and resistance area. Trade safe, Joe.
This currency pair has caught my attention due to its recent breakthrough of the 2.10 resistance zone last week, propelling it upwards to around 2.13. But what lies ahead? Initially, it's worth noting that on the lower timeframe charts, we're witnessing a significant overbought condition. This hints at an impending retracement. In fact, signs are already emerging...
NZDJPY - 24h expiry Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 86.30 continues to hold back the bears. Bespoke support is located at 86.27. 86.27 has been pivotal. We look to buy dips. Daily signals are mildly bullish. We look to Buy at 86.45 (stop at 86.05) Our profit...
For this particular pair and AUDJPY am highly biased on shorts this week. this may be to complete a correction before the next upwave. It has issued a contracting flat as a continuation pattern.
Yesterday, during the live stream, a bearish flag was identified. As the price broke out, the AUDUSD fell to reach the 0.6430 price level. Currently, the AUDUSD has rebounded from yesterday's low, contributed by the climb on the NZDUSD and the weakness of the DXY. Initial consideration was for the AUDUSD to rise toward the 0.65 round number resistance level, on...
NZDCHF is trading in descending channel and perfectly following technical setup of break and retest of structure. Currently the pair is retesting the previous broken support as a resistance. Will the NZDCHF follow this pattern and head lower again?
The RBNZ announced its decision to keep interest rates on hold at 5.50%, keeping with market expectation. In the accompanying statement, the RBNZ indicated that rates could remain restrictive in the long term as inflation rate continues to be "too high". This has also led to an increased likelihood for another rate hike to come from the RBNZ. Following the...
NZDCAD is testing a key daily structure support. The price already formed a doji candle on that, confirming a local weakness of sellers. To buy the pair with a confirmation, I would suggest waiting for a breakout of a neckline of a cup and handle pattern on 4H time frame. 4H candle close above 0.806 will confirm the violation. A bullish continuation will be...
Here is our detailed technical review for NZDJPY. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 86.852. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 86.331...
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block. Fundamental analysis: Tomorrow will be released monthly CPI on CAD, but on...
It's been more than 2 months since we last gave an NZDUSD signal (see chart below), a buy call that hit straight into our 0.62750 target: The price broke yesterday below Support 1 (0.59845) and today almost touched the bottom of the latest Channel Down pattern. With the 1D RSI almost on the 30.00 oversold barrier, this is a strong buy opportunity for a...
GBPNZD is trading in ascending channel but it seems like the buying stream is being limited. As the pair has started to form divergence as well. Currently the pair is hovering at local support zone but looks like sellers will take charge and continue to downside.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. NZDCAD has been overall bearish trading inside the falling channel in red, and it is currently approaching the lower trendline. Moreover, the 0.79 - 0.8 is a strong support zone. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the...
Im waiting for more confirmations before diving buy trades.maybe this week could be a massive changes. or we might see a good change of character with higher volume being followed. Follow for more. I will be update this SOon or later..