Based on the powerful market prediction indicator I am using and resistance level breakouts.. the NZDUSD is clearly heading in an uptrend and is a great time to buy!
NZD/USD has bounced off the support level which is an overlap support that aligns with the 61.8% Fibonacci retracement and could rise from this level to our take profit. Entry: 0.5977 Why we like it: There is an overlap support level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.5913 Why we like it: There is a pullback support level. Take...
NZD/CAD is rising towards the pivot which acts as a pullback resistance and could reverse to the pullback support. Pivot: 0.82714 1st Support: 0.82139 1st resistance: 0.83229 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable...
NZD/CHF has bounced off the pivot which has been identified as an overlap support and could rise to the 1st resistance. Pivot: 0.51877 1st Support: 0.51360 1st Resistance: 0.53029 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Hey Traders, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.10150 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.10150 support and resistance area. Trade safe, Joe.
My dear friends, NZDCAD looks like it will make a good move, and here are the details: The market is trading on 0.8276 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.8227 Recommended Stop Loss - 0.8304 About Used...
H4 - Bullish trend pattern followed by a pullback Price respected a strong support zone and bouncing higher Until this strong support zone holds my short term view remains bullish here.
NZD weekly data is suggesting massive net buying / accumulation at the current price level. Higher low formation on histogram has been created conveying the current level to be the new base for the incoming series of price growth. Expect a more than average bounce from the present pricing. Other key notes: Descending trendline is gradually shifting to the...
The Reserve Bank of New Zealand unexpectedly cut interest rates by 25 basis points, sending the New Zealand dollar plunging by 1% against the U.S. dollar. The move caught markets off guard, as most analysts had anticipated the central bank would hold rates steady until at least its next meeting. Today wasn’t supposed to be the day, but these are the moments...
My dear friends, GBPNZD looks like it will make a good move, and here are the details: The market is trading on 2.1199 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 2.1378 Recommended Stop Loss - 2.1097 About Used...
Take a look at our analysis for NZDCAD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.824. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.837 level. P.S The term oversold refers to a condition...
Please, check our technical outlook for GBPNZD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 2.135. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2.108 level. P.S We...
Hello, Friends! GBP/NZD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 6H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2.101 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
NZD/USD has reversed the downside break sparked by US recession fears, smashing through the downtrend it had been trading in since early June on Tuesday. With RSI and MACD providing bullish signals on momentum, risks are skewing towards further gains ahead of today’s RBNZ interest rate decision. While economists are evenly split on whether the bank will cut...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60400 support and resistance area. Trade safe, Joe.
Core Analysis Method: Smart Money Concepts Based on the Smart Money Concepts methodology, the following analysis has been conducted: 😇 7 Dimension Analysis Time Frame: H4 Swing Structure: Bearish swing structure with a Break of Structure (BOS) after taking inducement. Corrective swing move has nearly mitigated everything with 3 pullbacks, forming a corrective...
15m Killzone : Took entire buy-side lq and then gave 15m bearish confirmation took short position after 1m bearish confirmation
NZD-CAD is trading in an Uptrend and the pair broke The falling resistance Which is now a support Then made a retest and Is going up again so I think That we will see a further move up !