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.
The NZD/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 0.5952, positioned close to the breakout level....
GBP/NZD has reversed off the support level which is a pullback support that is slightly below the 38.2% Fibonacci retracement and could rise to ur take profit. Entry: 2.1347 Why we like it: There is a pullback support level which is slightly below the 38.2% Fibonacci retracement. Stop loss: 2.1220 Why we like it: A pullback support level lines up with the 50%...
XAU/USD is rising towards the resistance level which is an overlap resistance that is slightly above the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 2,457.72 Why we like it: There is an overlap resistance level which is slightly above the 61.8% Fibonacci retracement. Stop loss: 2,473.77 Why we like it: There is a...
NZD/USD has reacted off the resistance level which is an overlap resistance that is slightly above the 38.2% Fibonacci retracement and could drop from this level to our take profit. Entry: 0.5980 Why we like it: There is an overlap resistance level which is slightly above the 38.2% Fibonacci retracement. Stop loss: 0.6005 Why we like it: There is a pullback...
The Kiwi (NZD/USD) has reacted off the pivot which has been identified as an overlap resistance and could potentially drop to the 1st support level. Pivot: 0.5980 1st Support: 0.5904 1st Resistance: 0.6037 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...
GBPNZD Weekly Analysis and Outlook This week, the GBPNZD pair has shown a pronounced downward trajectory, closing in a bearish continuation phase. This downward momentum indicates a negative sentiment among traders, suggesting further potential for a decline. Current Market Overview: The pair has been steadily moving downwards, supported by unfavorable market...
Hey Traders, in tomorrow's trading session we are monitoring NZDCAD for a selling opportunity around 0.83100 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.83100 support and resistance area. Trade safe, Joe.
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action from here as price rejected from trendline + liquidity zone. As well, on H1 we have regular divergence and for conservative entry you can wait break of...
My dear friends, Please, find my technical outlook for GBPNZD below: The instrument tests an important psychological level 2.1461. Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2.1629 About Used Indicators: Super-trend indicator...
The NZD/JPY pair has fallen by 920 pips over the past 15 days. Such a significant and sustained decline is unlikely to continue indefinitely without a corrective pullback. Currently, the price has halted its downward momentum and is beginning to reverse near my key area of interest. Key Confluences: The pair is rebounding off a descending trend line that has...
Hello, Friends! It makes sense for us to go long on GBP/NZD right now from the support line below with the target of 2.191 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60600 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60600 support and 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 - 0.8271 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8205 Safe Stop Loss - 0.8319 About Used Indicators: The...
Hello everyone, in a weekly timeframe, price break the weekly structure, now looking at 4hr tf price is below 200sma, price will likely remain bearish for long term... price will likely correct to support trendline or break it if price is too bearish.. correction is possible or not, price can make small low high and drop... good luck...
The Kiwi (NZD/USD) has reacted off the pivot which has been identified as an overlap resistance and could drop to the 61.8% Fibonacci support. Pivot: 0.5980 1st Support: 0.5904 1st Resistance: 0.6037 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...
Welcome back! Let me know your thoughts in the comments! ** GBPNZD 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...
OANDA:NZDCAD After the price reaches the specified level, if you see the bullish hammer candle in the one-hour ( LONG POSITION), and if the desired level is broken, after the pullback SHORT. Consider your risk management before entering a trade. This analysis is for informational purposes only and does not constitute investment advice. All consequences of...