NZFCHFNZDCHF is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
NZD (New Zealand Dollar)
Falling towards 38.2% Fibonacci support?NZD/USD is falling towards a support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.6100
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement.
Stop loss: 0.6069
Why we like it:
There is a pullback support level which is slightly above the 78.6% Fibonacci retracement.
Take profit: 0.6144
Why we like it:
There is a pullback resistance level which aligns with the 161.8% Fibonacci extension.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPNZD: Bearish Continuation & Short Signal
GBPNZD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short GBPNZD
Entry - 2.0850
Sl - 2.0904
Tp - 2.0758
Our Risk - 1%
Start protection of your profits from lower levels
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NZDCHF Strong buy opportunity within the Channel Up.The NZDCHF pair delivered a fast-profit buy signal last time (May 09, see chart below), with the price even breaking above the established Channel Up:
A new Channel Up prevailed as seen on the current chart and since it held the Support of the 1D MA200 (orange trend-line), it broke again above the 1D MA50 (blue trend-line) and gave a bullish confirmation.
We expect the extension of the uptrend in the form of the new Bullish Leg of the Channel Up (1D RSI also rebounded on a bottom formation similar to all previous buy opportunities). Our Target is 0.56750 (Resistance 2).
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GBPNZD Is Going Down! Sell!
Here is our detailed technical review for GBPNZD.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 2.089.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2.082 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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NZDCHF: Bullish Reversal Confirmed?! 🇳🇿🇨🇭
NZDCHF leaves multiple bullish clues on a daily:
I see a bullish flag pattern and a cup & handle formation.
Both the trend line and a neck line of the patterns are broken.
We can expect more growth now.
Next resistance - 0.553
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NZDCAD Excellent buy opportunity on this pull-back.The NZDCAD pair gave us a great buy entry last time we looked at it (May 08, see chart below) and made a direct hit on our 0.8500 Target:
The price got heavily rejected straight after and just hit the 1D MA50 (blue trend-line) again. The pattern that seems to be prevailing is a Channel Up (blue). The last time we had a Higher High rejection on its top, the pair pulled-back to the 1D MA200 (orange trend-line) and then made a short-term bounce to the Internal Lower Highs trend-line.
As a result, we will be using this opportunity to buy and target 0.84500 (just below the symmetrical Lower Highs trend-line).
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GBPNZD Short Term Buy IdeaD1 - Price is bouncing higher from a strong support zone
Bullish divergence
H4 - Price is currently moving inside a range.
A valid breakout above the top of the range would be the validation for this bullish view
Alternatively if we get a valid breakout below the bottom of the range then this bullish view
will be invalidated
NZD/JPY +50 Pips 0 Drawdown , New Entry Valid To Who Missed It !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.
NZD/JPY BULLS ARE GAINING STRENGTH|LONG
Hello,Friends!
Bullish trend on NZD/JPY, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 96.668.
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Bearish drop?GBP/NZD is currently as a resistance level which is a pullback resistance that is slightly below the 127.2% Fibonacci extension and could reverse from this level to our take profit.
Entry: 2.08864
Why we like it:
There is a pullback resistance that is slightly below the 127.2% Fibonacci extension.
Stop loss: 2.09868
Why we like it:
There is a pullback resistance level.
Take profit: 2.07681
Why we like it:
There is a pullback support level which lines up with the 50% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPNZD Short Alert: Targeting a 253 Pip Drop! In this video, I'm highlighting a prime short opportunity on GBPNZD, where I believe we can capture an impressive 253 pip drop. Using thorough technical analysis and market insights, I’ll explain why this pair is poised for a significant decline.
We'll dive into:
Key indicators signaling a bearish trend
Detailed analysis of current market conditions
Step-by-step breakdown of my short position strategy
Risk management tips to protect your capital
Join me as I outline this exciting trade setup and provide actionable insights to help you take advantage of this potential move. Don't forget to like, comment, and subscribe for more high-impact trading strategies and market analysis. Let's capture those pips together! 🚀💹
GBP/NZD: Demand Area Reaction and RSI Divergence Suggest UptrendThe GBP/NZD pair has shown a positive reaction to a significant demand area, with the price beginning to increase in value this morning. This upward movement is accompanied by an RSI divergence originating from oversold levels, which typically signals a potential reversal and further price appreciation.
The presence of this RSI divergence strengthens the bullish outlook, as it indicates that the recent selling pressure may be exhausted. Given this context, we anticipate that the price could continue to rise and potentially retest the imbalance areas that have remained unaddressed since the beginning of the month. These imbalance areas represent key levels where the price action previously left gaps or inefficiencies, making them likely targets for a retracement.
The combination of the strong demand area, RSI divergence, and untested imbalance zones creates a favorable environment for a bullish scenario in the GBP/NZD pair. Traders should monitor these technical indicators closely, as they provide valuable insights into potential price movements. By aligning trading strategies with these signals, there is an opportunity to capitalize on the expected upward trend.
Potential bullish rise?The Kiwi (NZD/USD) is currently on the pivot and could rise to the overlap resistance level.
Pivot: 0.6046
1st Support: 0.6007
1st Resistance: 0.6100
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Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZD/JPY BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
We are now examining the NZD/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 96.960 level.
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NZD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
NZD/CHF pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.540 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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Bearish reversal?AUD/NZD is rising towards a resistance level which is an overlap resistance that lines up with the 88% Fibonacci retracement and could potentially reverse from this level to our take profit.
Entry: 1.09907
Why we like it:
There is an overlap resistance level which aligns with the 88% Fibonacci retracement.
Stop loss: 1.10273
Why we like it:
There is a pullback resistance.
Take profit: 1.09378
Why we like it:
There is an overlap support level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish bounce?NZD/USD is falling towards a support level which is a pullback support that aligns with the 127.2% Fibonacci extension and could potentially bounce from this level to our take profit.
Entry: 0.6037
Why we like it:
There is a pullback support that lines up with the 127.2% Fibonacci extension.
Stop loss: 0.6006
Why we like it:
There is a pullback support level which lines up with the 61.8% Fibonacci retracement.
Take profit: 0.6102
Why we like it:
There is an overlap resistance level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.