NZDCHF we think now time to sell nzd ........................................ ......................................
GBPNZD - 22h expiry - We look to Buy at 1.9700 (stop at 1.9540) Previous support located at 1.9800. Previous resistance located at 2.0000. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 2.0070 and 2.0100 Resistance: 2.0000 / 2.0070 / 2.0100 Support: 1.9800 / 1.9700 / 1.9600 Risk...
NZDJPY - 22h expiry - We look to Buy at 84.60 (stop at 83.95) Previous support located at 85.00. Previous resistance located at 85.50. Further upside is expected although we prefer to set longs at our bespoke support levels at 84.60, resulting in improved risk/reward. A move through 85.50 will confirm the bullish momentum. Our profit targets will be 86.10...
NZD/USD retreats from a nearly two-week high set earlier this Thursday amid fresh USD buying. Bets for more aggressive Fed rate hikes and elevated US bond yields continue to boost the buck. Recession fears weigh on investors’ sentiment and also exert pressure on the risk-sensitive kiwi. The NZD/USD pair struggles to find acceptance above the 0.5800 mark for the...
Hello,Friends! GBPNZD is bearish right now and I think that market conditions Are right for the move down Therefore, I think it is sensible to go short! Like and subscribe and comment my ideas if you enjoy them!
wave analysis market structure price action support zone momentums pullback
Over the coming 4 hours we will see 2 outcomes play out considering NZD's weakening status. We will see the pound grow in strength relative to the NZD and USD leading to a uptrend and possibly a breakout. Ultimately, this pair would need to go down to build momentum and scoop up some liquidity before turning bullish.
#NZDJPY By now MARKET RISK is ON. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. NZD CPI DATA is also very high. Either way, NZDJPY should be slightly BUY with JPY WEAKNESS. Anyway, the PRICE can SELL again on the...
The obvious answer is the Bank of Japan. Read here , here and here From the weekly chart , you can see an obvious trend- ONE WAY UP for all major pairs trading against the YEN. The answer is simple. You would want to buy the currencies that offer you a higher rate of returns as rewards thus USDJPY is the most preferred currency pair amongst all others....
Hello traders! ‼️ This is my analysis on NZDCHF. Here we are in a bearish market structure, so I am looking only for shorts. I expect price to continue the retracement and to reject from bearish orderblock + institutional mid figure 0.59500. Like, comment and subscribe to be in touch with my content!
GBPNZD - 21h expiry - We look to Buy at 1.9700 (stop at 1.9540) Previous support located at 1.9800. Previous resistance located at 2.0000. Risk/Reward would be poor to call a buy from current levels. A move through 2.0000 will confirm the bullish momentum. Our profit targets will be 2.0070 and 2.0100 Resistance: 2.0000 / 2.0070 / 2.0100 Support: 1.9800 /...
Very similar to the AUDUSD, the NZDUSD is currently trading higher due to the weakness in the DXY. However, with no major news in the horizon for the NZD, the price movement is likely to be driven by the DXY and the AUDUSD. As the price is trading higher along the upward trend line and approaching the 0.5811 resistance level, look for a potential break out to...
Hey traders, Here is our technical analysis on GBPNZD. The level where the price is trading right now is decent and the price will most likely retrace from that. ❤️ Please, support our work with like & comment! ❤️
Hey traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around
NZD/CAD is inside a strong downtrend, in the last sessions the price creates a pattern of bearish continuation, a bearish Flag. As you can see the price had a reject on the dynamic trendline and the stochastic moved into the overbought area, another clue for a new push-down by the price for the continuation of the downtrend.
On NZD/CAD is nice to see strong buying reaction from the price 0.77780 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Strong volume area + Uptrend is my...
Good Short opportunity. After getting rejected at the top of the parallel channel that contained all the rally of the NZD, the prices pushed in an impulsive manner before rallying and getting rejected from the 0.5-0.618. I see a good short opportunity in the short term with the target being 0.5555 and for the stops we could either be very agressif by placing a...
GBPNZD-The British Pound is Struggling To Maintain Bullish Steam Despite the price increase in GBP over the past week, it could be a bit early for the price to continue to rise more. The reason is simple...nothing happens from GBP front except a big miss. In the short term it may have a negative effect on the British pound. Targets: 🎯 1.92084 🎯...