🔰 Pair Name : NZD/CHF 🔰 Time Frame : 4H/ DAILY 🔰 Scale Type : MID Scale 🔰 Direction : LONG/BUY NZD/CHF Forecast: Bullish Momentum Expected as Price Reaches Key Support Zone Hey traders! 📈🚀 NZD/CHF has reached a critical juncture on the charts, arriving at a significant Monthly demand zone around the 0.53 area. This zone not only marks the historical low for...
NZDJPY resistance at 8555/75. Shorts need stops above 8590. Targets: 8520, 8480. CADJPY continues higher as expected but I have not managed to get us in to a long. I should have had us buying on a break above 102.90 so I will use this as a support today. Longs at 102.90/70, stop below 102.50. RBNZ announces 0.25% OCR hike, keeps peak rate forecasts...
The AUDNZD pair is consolidating on the 1D MA50 (blue trend-line) for 4 straight 1D candles, having formed a 1D Golden Cross last week. Even though that is a technically bullish formation, as long as it doesn't break above the 1.093250 Symmetrical Resistance, a rejection seems more probable. As long as it holds, we will sell and target the Higher Lows trend-line...
Analysis: Taking a look at the charts we can see that price looks slightly choppy and like we're stuck in a range, however a trade has setup that is in accordance to our plan so we're taking it. Although price is in a range we can see that price is still heading to the upside slightly. We also have an upwards trendline which confirms that we are actually in an...
A trendline is a line drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance in any time frame. They show direction and speed of price, and also describe patterns during periods of price contraction
A strong 2-day rally this week suggests AUD/NZD has printed its swing low at 1.07266. Whilst NZ inflation data was stronger than expected in Q2 and saw AUD/ZD pull back to 1.0800, we suspect it is still lower from the prior reads to allow the RBNZ to hold rates steady with an economy already in a recession. We therefore see today's retracement lower to 1.080 as...
✅GBP_NZD will soon retest a key resistance level of 2.09 So I think that the pair will make a pullback And go down to retest the demand level below at 2.076 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
NZDJPY gave us last time (May 05) a very accurate buy signal that hit the target (see chart below) and even broke the 1 year Resistance Zone: The pattern that emerged is a Bullish Megaphone, whose latest Higher Low leg is supported by the 1D MA50 (blue trend-line), having closed all candles above it. As long as it holds, we remain buyers and target Resistance...
NZDCAD Entry point :- 0.82220 Stop lose :- 0.81392 Target 1 :- 0.83050 Target 2 :- 0.83880 Target 3 :- 0.84700 Target 4 :- 0.85530 Target 5 :- 0.86360
NZDCAD has created lower market structure and has recently broken below the key level 0.8200 confirming that the bearish momentum should continue to the next key level which is a strong support at around 0.8033.
⚠️ A countertrend trade is a trade that is made against the prevailing trend. This means that the trader is betting that the trend will reverse and that the price will move in the opposite direction of the trend identified by P2P INDi Curve Analysis. countertrend trading can be a very profitable strategy, but it is also more risky than trend following. -SL @...
NZDUSD - 24h expiry Price action looks to be forming a bottom. Short term RSI has turned positive. Risk/Reward would be poor to call a buy from current levels. A move through 0.6225 will confirm the bullish momentum. The measured move target is 0.6275. We look to Buy at 0.6180 (stop at 0.6145) Our profit targets will be 0.6255 and 0.6275 Resistance:...
The term 'sideways market' refers to a phenomenon when there are no clear trends found in the market. Instead, prices are rising and falling, sometimes sharply, but not in any consistent direction. Sideways markets are typically volatile and indecisive.
I see a potential buy opportunity back up the weekly high and maybe further. Since price has reversed to the upside on the 4 hour timeframe, this could be a great opportunity to set my pending order. If price doesn't trigger me into the trade I will enter a manual buy position on the Daily TF. Thank you for watching my Trading Journal. Be blessed. Shaquan
reversal pattern is been created now we can take an advantage of it and enter a buy trade
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hey Traders, in today's trading session we are monitoring NZDUSD for a short term selling opportunity around 0.62300 zone, NZDUSD is trading in a downtrend and currently seems to be in a consolidation phase in which it is approaching the trend at 0.62300 support and resistance zone. Trade safe, Joe.
✅NZD_CAD is going down And the pair has retested The broken horizontal level Of 0.82 from where I think We will see a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅