The NZDUSD heads into unchartered territory! As the price breaks below the 0.6060 support level, the NZDUSD is heading into price levels last seen in 2020, during the pandemic. With the price currently at 0.6040, look for the NZDUSD to trade lower towards the round number level of 0.60. However, the key support level is at 0.5930. While there could be a...
Take a look how perfectly EURNZD has respected the confluence zone based on 786/50 retracements of the last bullish impulse. The market was nicely rejected and formed a double bottom formation then. I am currently holding my buy limit order on a retest of a broken neckline of a double bottom. Initial target will be 1.645. Stop loss lies below the lows of the...
Technical Analysis Chart Update NZD / JPY ( New Zealand Dollar / Japanese Yen ) Time Frame - H4 According to the Pattern in Long Time Frame #LTF we have BEARISH CHANNEL and its Rejecting from the Upper Trend Line #UTL We have TRIPLE TOP as Well We have Strong Selling Divergence in #LTF In Short Time Frame #STF we have - IMPULSE CORRECTION - it has completed the...
Earlier on this evening UK time we had a buy alert for GBPNZD Is the trend changing for this pair? Trend trade identified and entered. Working 45M timeframe on this strategy. Trade details can be found on the chart in printed label. All the TP values same in label as that's what I'm aiming for on this strategy. Trade box is tracking the trade. Want to...
nzdusd reaching towards its buyu level where yesterday market create a order block now market going to take it
On the M30 time frame, prices are approaching resistance at 0.6150, in line with the Fibonacci confluence levels where a pullback to this zone could present an opportunity to play the drop to our next support target at 0.6080. Stochastic is approaching resistance as well supporting the bearish bias.
For NZDJPY, I entered a long position near 85.600. 85.600 is previous Resistance Level 1. Take Profit is previous Resistance Level 3 at price 86.075. Chart: Image:
#NZDJPY NZDJPY should be slightly SELL because the MARKET RISK is off now. 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. Either way, NZDJPY should be LONG TERM DOWN. Anyway, the PRICE can go back up to the 86.84...
Hello traders! ⁉️This is my analysis on GBPNZD . Here I expect price to retrace a little bit after rejecting from bullish orderblock and I am looking for a short if price fills the imbalance and rejects from bearish orderblock + institutional big figure 1.90000. Like, comment and subscribe to be in touch with my content!
GBPNZD - Intraday - We look to Sell at 1.9000 (stop at 1.9100) Previous support located at 1.8850. Previous resistance located at 1.8900. Trend line resistance is located at 1.9000. There is no clear indication that the downward move is coming to an end. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be 1.8750 and 1.8700...
NZD/CAD inside a Bearish trend in a Lower time frame seems ready for a new Push down after retesting the dynamic trendline of the channel and the price move below the 50 Moving average. The RSi is close to turning on the bearish side.
Trade Idea: Selling NZDCAD Reasoning: Filled the overnight gap at likely to head lower Entry Level: 0.8016 Take Profit Level: 0.7962 Stop Loss: 0.8031 Risk/Reward: 3.67:1 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...
Breakout of descending 4H triangle... Consequent retest at previous pullback level....formed a Tight Consolidation(range) on 4H ....broke and retested ...entering.....to at 161.8 of retest of range....3.57RR
AUD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Despite a decent recovery from the start of the year, the AUD gave back most of its 1Q22 gains throughout 2Q22 due to China’s continued struggles with Covid breakouts, and more recently the big slump in key commodities (Iron Ore & Coal). China’s economy is always a key focus for the AUD. While other major economies...
So we are now dipping into a major weekly and daily support so Ill be waiting and watching price around these areas to see if we can jump on a long from another spike rejection to the downside! For now just watching and waiting!
Engulfing Bar Candlestick Pattern Formed On NZDJPY.
NZDUSD currency market is bearish below 0.61017.
Hello Traders Last week, NFP and unemployment news did mixed signals. NFP got bullish but so weak. in the other side, unemployment did a bearish signal. We believe all USD pairs are going to make correction moves until FED's interest rate decision. So here is why we are bullish on NZD/USD: 1- RSI and Stochastic made a RD+. 2- Possible Double bottom...