GBP-NZD broke out of the Horizontal range and also Broke the rising support So as it is now making A pullback I think There is a high chance To see a move down
NZDJPY - 24h expiry - We look to Buy at 83.75 (stop at 83.00) Previous support located at 84.00. Previous resistance located at 84.50. The move lower is mixed and volatile, common in corrective sequences. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 84.50 will confirm the bullish momentum....
Price is approaching major resistance at 0.6200 where a reversal could occur, pushing prices all the way down to major swing low support at 0.6132. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute...
Aggressive Market Outlook! Market Created Imbalance while moving aggressively high. Seasonal Tendency and Major Central Banks Overview (NZD 4.75% and CHF 1%) will support this Confluence Near Future. Risk Disclaimer: Forex is only Suitable for those People Who Understand, and are Willing to Take on, the Financial and other Risks involved. Please Ensure You fully...
Almost ready to short this pair. The trend started bearish the week, so I´m sure it will finish bearish. So, after hunting all the stoploss for the monday-tuesday shorts trade it came the time to sell. But possible it will go some pips up before go down for people using smart concepts with tidy stoploss. good luck.
Hey Traders, as we noticed some bullish bias on American indices NZDUSD long is one of the trades i would consider due to the positive correlation between the two, if we take a look at smaller timeframes we will notice that NZDUSD was trading in a downtrend and managed to break it out and now is in a correction phase so i will be watching a potential retrace...
Hey Traders, GBPNZD was trading in an uptrend and then managed to break it massively due to NZD strength. if we take a look at the stock market we will notice some bullish bias, and stocks do correlate with NZD and AUD positively. now GBPNZD is in a correction phase after the breakout so i will be watching a potential retrace around 1.945 support and resistance zone.
NZDCHF Setup / Analysis 🕐 4hr's Chart Key Technical / Reason's LONG ——————————— What is our confirmation? - Breakout trendline and retest - Resistance Support level - Pressure zone - Ascending Pattern - Descending Pattern - The pivot zone - Demand Supply - Candlestick Patterns - Orderblocks
Hi, Any input and feedback would be appreciated, I'm still learning and this is not a signal. Bearish biased as the price has been setting lower highs and lower lows since it's last peak in Dec 2022. On the intraday the price is forming a bearish triangle on the 1HR, I am waiting for the close below to sell on the retrace at the confluence zone of the falling...
NZDJPY seems like it started bullish trajectory. Now the retest of 84.20 region is already on the table. Will it head back to 85.20 high ?
The idea discusses a bullish on the NZDCHF currency pair based on a strong fundamental , as well as several bullish technical signals. The analysis recommends placing a stop loss to manage downside risk and advises traders to do their own research and due diligence before making any trading decisions.
Waiting for a retest of 84.266 to long NZDJPY back to swing highs at 85.179. If you agree drop a like and if you have any questions leave a comment :)
NZDJPY has recently completed its bullish wave and now we are in bearish territory. We can see that we're in wave 2, which is an ABC correction. We have a leading diagonal for Wave A which we've almost completed. We're looking for one more move up to complete the leading diagonal and then we'll be looking for a big SHORT. Trade Idea: - Watch for price to move...
✅NZD_JPY is about to retest a key structure level Which implies a high likelihood of a move up As some market participants will be taking profit from short positions While others will find this price level to be good for buying So as usual we will have a chance to ride the wave of a bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Seems Like Getting Ready for bearish Move Forming Rising Wedge In h8 Timeframe While Holding Horizontal Support Too Incaase Of Rising Wedsge + Horizontal Support Breakout Expecting 300+ pips Bearish Move
I don't think I need to explain what I am saying, my H2 chart says it all. Briefly, I see 2 impulsive bullish moves followed by a period of consolidation. A breakout from the current equidistant channel should see the next bullish move. Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like...
As we see in the 4H chart of NZDCHF the previous pick has been taken and it is going down for a correction therefor we could look for buying opportunities at the green area as shown in the chart. because there is a divergence in MACD indicator plus a simple moving average of 100 seems to be its supports as well! . What are your ideas on NZDCHF?
Hello, Based on my analysis of the chart my idea for NZDJPY is: TREND: Bearish ENTRY: 84.649 TARGET: 83.642 STOP LOSS: 85.447