🔸Hello traders, let's review the 2 hour chart for GBPNZD. Speculative XABCD in progress, with PRZ/D set at 2.1100, so expecting more losses in GBPNZD before reversal from PRZ/D 🔸XABCD structure is defined by point X at 1155, point A at 1330, point B at 1200, point C at 1360, point D/PRZ at 1100, currently most points validated, point D/PRZ still pending, so...
🟢Pair Name : NZD/JPY Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🟢Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— ✅Bullish Break 90.250...
Here is our detailed technical review for NZDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.846. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.844...
NZD/USD is rising towards the resistance level which is a pullback resistance that aligns with the 127.2% Fibonacci extension and could reverse from this level to our take profit. Entry: 0.6293 Why we like it: There is a pullback resistance level that lines up with the 127.2% Fibonacci extension. Stop loss: 0.6346 Why we like it: There is a resistance level at...
The price is rising towards the pivot point which has been identified as a pullback resistance and could drop to the 50% Fibonacci support. Pivot: 0.6293 1st Support: 0.61901 1st Resistance: 0.6350 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...
NZD/JPY is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which acts as an overlap support. Pivot: 91.30 1st Support: 88.64 1st Resistance: 92.80 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...
✅NZD_CAD is set to retest a Strong resistance level above at 0.8520 After trading in a local uptrend for some time Which makes a bearish pullback a likely scenario With the target being a local support below at 0.8440 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
4H Bearish impulse / break of last HL: indication. Head & Shoulders pattern: confirmation. Clear support & resistance zone is there. From 1H perspective: Corrective approach towards entry zone + -27 Fibonacci completion aligning with entry zone. = Sell limit. Bearish Fake Out flag also there as extra evidence.
Price mitigated the internal daily supply zone, which is now acting as the highest timeframe resistance. After the mitigation a retracement occurred in a corrective manner to give us a contraction before the volatile move that cleared the swing low at 2.12600. With the swing low being cleared, we have a shift and price has already triggered the breaker block as...
NZDJPY price is in a correction period. If the price cannot break through the resistance level of 91.24, it is expected that in the short term, there is a chance that the price will go down. Consider selling in the red zone. 🔥Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is suitable for you. >>GooD...
Hey Trader, Check out this analysis on NZDUSD. The entry plan is best above the intraday resistance area. Alternatively, a short trade can be considered if the price breaks below the intraday key zone (support), retests, and resists. A short trade can be considered. Trade safe. You may find more details in the chart! Thank you and Trade Responsibly! ❤️PS:...
As forecasted in our recent analysis, the NZD/USD pair has reached the key supply level around 0.6230. At this level, a potential double top formation is emerging, which, in confluence with the supply area, suggests that a retracement may be on the horizon. Adding further weight to the potential for a pullback, the latest Commitment of Traders (COT) report shows...
Hello, Friends! NZD/JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 87.871 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the NZD/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
✅GBP_NZD went up to retest a horizontal resistance level of 2.1370 Which makes me locally bearish biased And I think that a move down From the level is to be expected Towards the target below at 2.1290 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
NZD/JPY Short Setup – Trendline Break & Retest I'm watching the NZD/JPY pair on the 1-hour chart. We've seen a clean break below the ascending trendline, signalling a potential reversal. I'm looking to enter short on a retest of the broken trendline at 89.590, with a stop loss at 90.100 (-51.4 pips). The setup offers a solid reward-to-risk ratio with multiple...
My dear friends, My technical analysis for NZDCAD is below: The market is trading on 0.8446 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8460 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
Hey Traders, in the coming week we are monitoring NZDCHF for a buying opportunity around 0.52700 zone, NZDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.52700 support and resistance area. Trade safe, Joe.
My dear followers, This is my opinion on the GBPNZD next move: The asset is approaching an important pivot point 2.1172 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 2.1229 About Used Indicators: For more efficient signals,...