My dear friends, My technical analysis for GBPNZD is below: The market is trading on 2.0807 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2.0732 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPNZD chart which, if analyzed properly, clearly points in the upward direction. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! GBP/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 2H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 2.062...
NZD/CAD is rising towards the pivot and could potentially reverse from this level to the 1st support. Pivot: 0.83992 1st Support: 0.83442 1st Resistance: 0.84341 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 for all...
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60800 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.60800 support and resistance area. Trade safe, Joe.
Hello Traders, In today's trading session, we are keeping a close watch on NZDCAD for a promising buying opportunity around the 0.83900 level. After experiencing a prolonged downtrend, NZDCAD has successfully broken out and is currently in a correction phase. This correction is bringing the pair closer to a critical support and resistance zone at 0.83900, making...
My dear friends, Please, find my technical outlook for GBPNZD below: The price is coiling around a solid key level - 2.0693 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 2.0726 About Used Indicators: The pivot point itself is simply...
Attention Traders, In today's trading session, we are closely monitoring the NZD/JPY pair for a potential buying opportunity around the 96.900 zone. Currently, NZD/JPY is in an uptrend but is undergoing a correction phase as it approaches the key support and resistance area at 96.900. From a fundamental perspective, the Reserve Bank of New Zealand (RBNZ) has...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 NZDJPY has been overall bullish, trading within the flat rising orange channel. 📚 As per my trading style: As #NZDJPY approaches the upper bound of the channel, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚...
Pair : NZDJPY ( New Zealand Dollar / Japanese Yen ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Long Time Frame RSI - Divergence Break of Structure Completed " 1234 " Impulsive Waves Fibonacci Level - 261.8%
Hello,Friends! NZD/CHF downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.553 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the NZD/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
4H 4H Inverse Head & Shoulders pattern aligning perfectly with the Daily one. Corrective approach towards entry zone. -68 Fibonacci completion aligning with entry zone. = Buy limit set. 1% risk.
Hello,Traders! NZD-CHF has retested The horizontal support Of 0.5399 and we are already Seeing a bullish rebound So I will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
NZDUSD - 24h expiry Indecisive price action has resulted in sideways congestion on the daily chart. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. A move...
My dear followers, This is my opinion on the GBPNZD next move: The asset is approaching an important pivot point 2.0775 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 2.0715 About Used Indicators: For more efficient signals,...
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NZDCAD pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️
Hello traders , This my idea for Short. NZDCAD collect BUY side liquidity. NOW market ready for short . this is my ideas only. what you are flow your trading statistics you can continue. If you need more my ideas follow me.
Here is our detailed technical review for NZDCAD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.842. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.846 level. P.S The term oversold refers...