Based on recent bullish signals from my technical analysis, I propose to BUY the GBP/NZD pair. Key indicators, and daily price action, suggest a potential upward move. I recommend executing the trade to capitalize on anticipated price increase in the coming days.
Please, check our technical outlook for NZDJPY. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 90.996. Taking into consideration the structure & trend analysis, I believe that the market will reach 90.447 level soon. P.S Please, note that an...
NZD/USD is falling towards the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6235 Why we like it: There is an overlap support level that aligns with the 50% Fibonacci retracement. Stop loss: 0.6183 Why we like it: There is a pullback support level. Take...
The New Zealand dollar (NZD/USD) has slipped below its 25-day exponential moving average (EMA) and could potentially test the 50-day EMA next. But, can sellers maintain the momentum and push further into bearish territory? Kiwibank is betting on more downside due to faster and deeper rate cuts from the Reserve Bank of New Zealand (RBNZ). However, their initial...
NZD/CAD is reacting off the pivot and could potentially rise to the 1st resistance which acts as a pullback resistance. Pivot: 0.8368 1st Support: 0.8368 1st Resistance: 0.8488 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...
NZDUSD - 24h expiry The trend of higher lows is located at 0.6120. A lower correction is expected. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 0.6300 will confirm the bullish momentum. We look to Buy at 0.6260 (stop at 0.6220) Our profit targets will be 0.6340 and 0.6350 Resistance:...
THIS IS MY SETUP FOR GBP NZD I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3. Trade carefully This is not financial advice, DYOR.
Hello Traders In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET today NZDCAD analysis 👆 🟢This Chart includes_ (NZDCAD market update) 🟢What is The Next Opportunity on NZDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
The NZDJPY pair gave us an excellent sell signal last time (July 10, see chart below) and not only hit our 95.580 Target but broke below and invalidated the medium-term Channel Up: The long-term Channel Up however, is still intact and it is evident on the 1W time-frame where the July-August sell-off found support and stopped exactly on the 1W MA200 (orange...
GBPNZD (British Pound / New Zealand Dollar) Timeframe: 4-Hour (4H) Pattern: Expanding Pattern An expanding pattern, also known as a broadening formation, has been identified on the 4-hour chart of the GBPNZD pair. This formation signals increasing volatility and market indecision, often leading to a strong breakout in either direction after completion. In...
After hitting 1:5 target and securing 150 pips from the one directional bearish movement, price started to consolidate indicating loss of bearish momentum before mitigating the 4h order block. From this order block we have cleared the swing high for displacement, now we are looking for bullish opportunities because price is expected to hike in order to correct the...
✅NZD_JPY will soon retest a key resistance level of 91.689 So I think that the pair will make a pullback And go down to retest the demand level below at 90.342 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
NZD/JPY is rising towards the resistance level which is a pullback resistance and could reverse from this level to our take profit. Entry: 91.54 Why we like it: There is a pullback resistance level. Stop loss: 92.98 Why we like it: There is a resistance level at the 127.2% Fibonacci extension and the 61.8% Fibonacci retracement. Take profit: 89.59 Why we like...
NZD/CHF (1D) Buy Opportunity: The NZD/CHF pair is showing bullish potential on the daily chart. The price has bounced off a key support level and is forming higher lows, signaling upward momentum. A bullish crossover in the moving averages and a strong RSI above 50 add further confirmation. Fundamental factors, including New Zealand's economic strength and...
GBPNZD has dropped below the 2.1300 resistance zone. Recent daily candles show rejection bars with long wicks, hinting at growing bearish pressure. Additionally, a double top pattern has formed, indicating that bullish attempts have been rejected twice, strengthening the selling sentiment. Given this setup, the price may continue to decline, potentially breaking...
The analysis of the GBPNZD 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! ❤️
Hello,Traders! NZD-CAD is going up And will soon retest A horizontal resistance Of 0.8520 and after the Retest we will be expecting A local bearish reaction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅NZD_CHF is trading in a Local uptrend and the pair Made a bullish breakout Which reinforces our bullish Bias and makes us expect A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅