We are looking to buy the breakout of the falling wedge which has formed on the daily chart. Our reason to buy is due to price being in an strong uptrend, meaning we might see an end to the pull back which could result in price pushing higher.
The price broke its neckline after forming double top pattern.
Hey Traders, in today's trading session we are monitoring NZDUSD For a selling opportunity around 0.645 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
NZDCAD broke the falling resistance And the breakout is confirmed So I think that after the Pullback and retest of the Broken trend-line We will see bullish continuation
From a technical perspective we've got a hammer on the daily chart recently. narrative wise i think the NZD narrative of the china reopening and the NZD rate advantage has moved over to the EUR so the NZD stronger story seems a little stale now. correlations suggest higher, GBPNZD and EURNZD and closely correlated and is suggesting GBPNZD higher, rate...
Hey Traders, in today's trading session we are monitoring NZDCHF for a selling opportunity around 0.596 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Clear downtrend here for this pair over the last 12-18 months. We’ve seen a rejection at 0.60, and a move away from 0.595 in the pairs latest attempt to push up. I am entering a small short here for a longer term hold. Target 400-500bps.
Hey trades, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.087 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the NZDCAD pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
- Could see price pull back when it reaches 1.8670 - If we see rejection here, price could continue its bullish movement up to the level of 1.1000 - Price will have to break through the 1D EMA at 1.0907, which may act as strong resistance
Trade Idea: Selling NZDUSD Reasoning: Small range on the daily. Entry Level: 0.6372 Take Profit Level: 0.6200 Stop Loss: 0.6430 Risk/Reward: 3.03:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like...
Looking at the H4 chart, my overall bias for NZDCAD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy entry at 0.85429, where the 50% Fibonacci line is. Stop loss will be at 0.84845, where the recent low is. Take profit will be at 0.86341, where the 50% Fibonacci line is. Please be advised...
NZDJPY Buy Limit 80.900 SL 79.900 TP 81.900 RR 1:1 Risk 1%
Price had previously pushed to 84.170 resistance area from 81.330 zone! Saw price reach the support zone and had entered long! Downside would be if price were to keep pushing down! Let me know what you think! Thank you!
The NZDCAD is trending down by creating two consecutive lows. Its a simple trade as the pair as almost pulled back to my zone. Trade will trigger soon as price hits my sell zone to continue the trend down.
Hello,Traders! NZD-JPY will soon retest The horizontal support level So we will be expecting A bullish rebound form The support with the Target being the Local level above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Possibly a quick 175 pips to be made. Looking like a 4HR double bottom. Yes im bullish on JPY but looking at the JXY index it has reached the top trend line of the rising channel suggesting a slight pullback before going higher. We see a nice rejection candle on the double bottom and would aim for a 50% retrace before potentially dropping but take it as the chart tells us
Hello,Friends! Based on the technical analysis And the recent minor fundamental news GBPNZD looks bearish to me overall. I think that market-makers will be pushing the pair down That is why we are going short! Like and subscribe and comment my ideas if you enjoy them!