The NZDCHF pair has been trading within a Channel Down pattern since March 2021. It made its most recent Lower Low on July 01 2022 but since July 08 it has been consolidating sideways. This has caused the 1D MA50 (blue trend-line) to get very close. If it breaks, that would be a technical break-out buy signal. However as long as it fails to break, there are...
The NZDCAD pair couldn't have traded better lately as it has been following exactly the trading plan we posted on June 17: As you see after a rebound to the 1D MA50 (blue trend-line) and rejection, the pair made a Lower Low exactly at the bottom of both the Bearish Megaphone and Channel Down patterns, which is where we advised for a buy. Since then has been...
More specifically, NZDCAD is currently in the process of breaking above the 0.80575 key daily level. The odds of returning back into a range are low. After making a higher low on July 27th, traders don't appear to be very indecisive right now. I'm expecting strong further upside if this pair successfully makes a breach above this level and holds.
I will be doing a multi time frame analysis of this pair. Starting from the monthly all the way down to the daily. Monthly: Price is currently in a downtrend making lower lows and lower highs. We could expect the formation of a lower low. Also there is a zone of demand that has not been clearly tested yet. We could expect the price to test the demand zone below...
Hey traders, Here is our technical outlook on GBPNZD. The level where the price is trading right now is strong and the price will most likely retrace from that. Like & Comment Our Analysis, Please! ❤️ Please, support our work with like & comment! ❤️
NZDCHF reached a key structure resistance last week. The market was rejected nicely from that and broke a support line of a rising wedge pattern then. I believe that the pair will keep falling. Initial target - 0.596 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
$NZD KIWI - Where to next? We had the FOMC, wasn't as hawkish we are at neutral rates, we had a horrible GDP and now we are in data dependent of course, is recession priced in already? Well, time will tell but regarding NZD: Technical terms: In pennant/Bull flag a break to either direction. A break above 50 EMA - TL down we onto the bulls further in control next...
AUDNZD on the 4h chart is trading above a daily resistance. The price after the test of the 0.5 Fibonacci level break above. How can i approach this scenario? I will wait for a potential break of the minor resistance and if the market will break above i will consider a nice long order according to the Plancton's strategy rules. --–– Follow the Shrimp 🦐 Keep in...
Hey traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.80500 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Just like anticipated yesterday, the price had a rebound on the dynamic trendline of the bearish channel and It's actually reacted with a bearish candle. Also, yesterday the price reverted to the bullish impulse on the 200 Moving average , this is another clue for our forecast which sees the NZD losing again power against the CAD and continuing its downside...
The GBP/NZD remains inside a Bearish channel where a confluence of clues forecasts us a new bearish push. The price reacts on a 61.8% Fibo main swings, meanwhile, a Reversal Fibonacci pattern seems to give us another indication for our Idea. The 61.8% Fibo, where the price had to react it's also a confluence with the Dynamic trendline of the Bearish channel.No the...
THE GBP/NZD despite the reaction had GBP/USD seems to consolidate its bearish momentum inside a bearish channel where the price finds a turning point for a new pushdown on the Fibo Level 61.8% from the Previous Main swing and in confluence with the Trendline of the bearish channel. The Stochastic is in an overbought moment and will re-enter the normal range soon....
M15 and M30 is overbought There is a double top with divergence This trade is counter-trend but there is a pattern on M15 70 pip stop loss 1st target is a 100 pips away
NZD is still weak which can push this price lower. what do you think?
✅NZD_JPY is trading in an uptrend And the bullish bias is confirmed By the rebound we are seeing After the pair retested the support So I think the growth will continue LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-JPY is trading in an uptrend Along the rising support line And after the retest of the support We are seeing a bullish reaction And I think that the price will go higher Buy! Like, comment and subscribe to boost your trading! See other ideas below too!