Hello, Friends! We are targeting the 0.511 level area with our short trade on NZD/CHF which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Quite interesting chart on NZDUSD. I give my analysis and opinion on what is likely to transpire next. Let's see what happens today (Friday) as I'm expecting the weekly to close below certain levels if I am correct in price coming for the SSL first. However, it may not happen today as there is no high impact news offering a catalyst for a manipulative move lower....
NZD/JPY has bounced off the pivot which acts as a pullback support and could rise to the 1st resistance identified as an overlap resistance. Pivot: 87.19 1st Support: 85.45 1st Resistance: 89.94 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...
NZD Outlook: ANZ’s Forecast for Next Week ANZ anticipates that the Reserve Bank of New Zealand (RBNZ) will maintain its current interest rates at the August 14 meeting but may signal potential rate cuts before the year ends. Although ANZ estimates a small 10-15% chance that the RBNZ might shift to an easing bias during this coming meeting. Markets are...
Hello,Traders! NZD-NZD is now trading In a local uptrend and the Pair went above the key Horizontal level of 87.000 Which is now a support Then made a retest and Is going up again now So we are locally bullish Biased and we will be Expecting a local Bullish move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The recent price action on the NZDCHF pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
EUR/NZD has bounced off the support level which is a pullback support and could rise to our take profit. Entry: 1.81106 Why we like it: There is a pullback support level. Stop loss: 1.80301 Why we like it: There is a pullback support level. Take profit: 1.83458 Why we like it: There is a pullback resistance level which is slightly above the 38.2% Fibonacci...
NZD/CHF is rising towards the resistance level which is an overlap resistance that aligns with the 78.6% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.51841 Why we like it: There is an overlap resistance which lines up with the 78.6% Fibonacci retracement. Stop loss: 0.52432 Why we like it: There is a pullback resistance...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60300 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60300 resistance area. Trade safe, Joe.
My dear friends, Please, find my technical outlook for NZDCAD below: The price is coiling around a solid key level - 0.8260 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8215 Safe Stop Loss - 0.8292 About Used Indicators: The...
The price is rising towards the resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.6039 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.6097 Why we like it: There is a pullback...
1. There have been a recent bullish price impulse. 2. Followed by retracement with Hidden Divergence.
GBPNZD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy GBPNZD Entry - 2.1444 Stop - 2.1363 Take - 2.1589 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The analysis of the NZDCAD chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers. ❤️ Please, support our work with like & comment! ❤️
The NZD/USD pair extends its losses for the second successive day, trading around 0.5920 during the European session on Tuesday. This decline is attributed to growing tensions in the Middle East and increasing fears of an economic slowdown in the United States (US). These factors have dampened the appeal of risk-sensitive currencies like the New Zealand Dollar...
This currency has been forming a bearish flag for past few months and on its way to complete the pattern at 0.880 For the past few days, it has been forming a rising flag, which IMO is a strong indicator of the bearish momentum, but has not broken the pattern yet. I do anticipate that in the short term, it might touch the 0.85 zone and the long term, 0.88. A...
First of all, if you expect that every trade will be a winner, please move on. Don’t even bother to read this analysis. This pair has been mostly bearish since mid-June with a pullback during the last few days. In my opinion this pullback will soon end and if I see evidence of that I’ll be taking a short trade. Note that the 38.2% retracement level and the 200...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60000 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60000 support and resistance area. Trade safe, Joe.