NZDJPY - 24h expiry - We look to Buy at 84.50 (stop at 84.05) Previous support located at 84.41. Previous resistance located at 85.00. Price action looks to be forming a bottom. Further upside is expected. Dips continue to attract buyers. Our profit targets will be 85.60 and 85.80 Resistance: 85.00 / 85.41 / 85.86 Support: 84.50 / 84.25 / 83.50 Risk...
Welcome back! Let me know your thoughts in the comments! ** EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
I like to buy JPY against NZD at 84.663 where the stop loss at 85.094 and profit target around 3:1
bullish Impulse wave + Regular flat correction pattern = another bullish impulse wave
After price broke higher timeframe structure to the upside, it retraced back down and retested the demand zone it left behind in the process. Price preceded to break structure on the 4h timeframe, giving us a change of character to the upside which could be an indication of the initial move of the expansion upwards. Price has now formed liquidity above a demand...
GBPNZD broke and displaced above a key level on the daily chart. The price has approached the zone and rejection on lower timeframe is an indication that price will go higher. Buy!
NZDUSD - 24h Previous support located at 0.6050. Previous resistance located at 0.6100. Price continues to trade within the triangle formation. Risk/Reward would be poor to call a buy from current levels. A move through 0.6100 will confirm the bullish momentum. We look to Buy at 0.6040 (stop at 0.6016) Our profit targets will be 0.6100 and 0.6115...
Hi again! Cool - it's time to share the second chart I've my eyes on as well for the upcoming 48 hours! It is of course AUD/NZD (again) but this time for a potential short play! Overall, our criteria points are met, and they are rather simple so that is nice. However, we've some additional things that I like! And, that is the fact that this pair is getting...
AUDNZD is on a very aggressive short-term rally following the 1.05600 Low, turning overbought on its 1D technicals (RSI = 73.113, MACD = 0.006, ADX = 40.707). As the price approached R1 (1.108900), it is gradually turning into a sell opportunity, with the Channel Up Top being just over. Consequently, we turn bearish ourselves, targeting the bottom of the Channel...
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.81650 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 0.81650 support and resistance zone. Trade safe, Joe.
OANDA:GBPNZD According to the news, the NZD is likely to rise against its currency pairs. On the other hand, we also see the butterfly pattern, although it is not ideal. RSI has also made a sharp divergence. All this increases the possibility of GBPNZD being bearish.
We're looking at NZDUSD on the D1 timeframe today. There's a fair bit of resistance at the 0.6080 area where we're seeing an overlap resistance, 23.6% Fibonacci retracement and a 100% Fibonacci projection. It's worth noting that we're also seeing a long term bearish trend line suggesting that there's good bearish momentum pushing prices lower. A reversal from...
NZDUSD is trading inside a Channel Down since February 2nd and the price is now near its bottom. There is the possibility for one last Low around 0.59450 but we have clear indicators that can call the buy entry. Trading Plan: 1. Buy if the price closes over the MA50 (4H). 2. Buy when the MACD (1d) completes a Buy Cross. Targets: 1. 0.62150 (Fibonacci 0.618) in...
NZDJPY is on neutral 1D technicals (RSI = 50.536, MACD = 0.110, ADX = 26.358) as the price is consolidating after a rebound on the 1D MA50. The rejection on the R1 Zone, is technically the Head of the Head and Shoulders pattern, a bearish formation seen on market peaks. This rebound is forming the Right Shoulder. With the 1D RSI on Higher Lows for the whole year,...
NZDCAD is about to break its range please place buy and sell order to take trade. Manage your risk accordingly.
HTF Daily: -Price in a daily uptrend -Price inside decent area of daily RBR demand -Price above 200ma -Strong GBP vs weaker NZD LTF 30min: -Price broke downward ML -Price removed opposing pivot supply -DBT demand created. -Waiting for pullback + profit margin.
Hey Traders, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.08300 zone, AUDNZD is trading in an uptrend and currently seems to break out an important resistance area so in today's session we are watching a potential retrace of the break out towards more highs. Trade safe, Joe.
AUDNZD W Formation has formed over the last month. The price has broken above the Neckline, showing strong upside to come. We have other indicators confirming this. 7>21 - Bullish RSI>50 Target 1.14000 SMC - Sell Side LIquidity Smart Money buys into positions (and sweeps liquidity) from traders who are long (get stopped) and for short traders who enter...