This pair moves are quite EZ to trade for me.. Zig-Zag moves, support and resistancee quide, political/CB decisions..
Hey traders, in today's trading session we are monitoring EURNZD for a buying opportunity around 1.672 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Looking for a reaction from the marked area due to high volume and past resistance areas. Will post result once complete. Keep it simple.
NZD/USD: Long after breakout > Structure: Symmetrical triangle > Lower highs and lower lows > we need a break of the last lower high on a H4 basis to create a strong long bias > POC below current levels Wait for a clear close of a H4 candle above the last lower high. Meikel & Team WSI
Hello,Friends! In this market situation, I am looking at multiple indicators And I can see bearish momentum accumulating on the pair right now This sentiment makes me bearish biased and I am considering a short! Like and subscribe and comment my ideas if you enjoy them!
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Analysis of #NZDCAD The nzdcad might have formed a bullish harmonic bat pattern which could complete near strong demand zone which i like to see. If the harmonic bat pattern is completed i will then look to enter buy if the rules for entry are met. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to...
EURNZD - Intraday - We look to Buy at 1.6662 (stop at 1.6626) Daily signals are mildly bullish. Expect trading to remain mixed and volatile. Trend line support is located at 1.6660. Bespoke support is located at 1.6670. We look to buy dips. Our profit targets will be 1.6757 and 1.6777 Resistance: 1.6740 / 1.6770 / 1.6800 Support: 1.6700 / 1.6670 / 1.6640
Wait for confirmations before pulling the trigger!
NZDJPY is likely to fall this week but as long price doesn't break above 86.591, I will be looking for my sell setup. But in all likelihood sell will be the Trade.
In a decade New zealand inflation rose to the highest level. RBNZ announced a halt to its quantitative easing program earlier due to a surprise rebound in business confidence, a sharp rise in inflationary pressures and a tight labor market. NZD had strengthened in May after the interest rate hike, but it was not enough to tackle inflation. NZDCHF 24th MAY 2022
The Reserve Bank of New Zealand (RBNZ), showing concern about inflation, made another 50bsp hike during May taking its Official Cash Rate to 2.0%. The hawkish tone and actions of the RBNZ paired with fears the US economy could tip into a recession by the end of the year have helped the NZD regain some composure over the past couple of weeks. The NZDUSD made a...
It bounced from one of the harmonic patterns, the levels expected to rise to it, indicated on the chart, with the importance of maintaining not to close below the retracement area.
Trade Proposal: There is a probability of first tp to the proposed ( 1.91500 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals. Technical analysis: GBPNZD is in Downtrend and It is Expected to Continue Downtrend.
Key levels: 0.6520 Price is forming a corrective descending channel for 13 months. Currently, the price is facing resistance at the upper band of the parallel channel. As per Elliott wave projection, NZDCHF is forming corrective structures (W), (X) & (Y) . Price has completed the intermediate wave (x) and started falling for the final wave (Y). Traders can...
Waiting for buy signal at 1.94226 or a deeper pullback into 1.92894 to Long GBPNZD back to swing highs at 1.96743. If you agree drop a like and if you have any questions leave a comment!
Everyone is focusing on the lower time frames without noticing the higher monthly supply holding right above current price. Be careful selling before this zone! We are seeing lots of indecision suggesting price may well want to travel up into the supply before any signs of reversals. Bear this in mind when trading this pair. Please let me know what you think...
Hello traders! So this is how I'm approaching the NZDJPY for a long trade, simply following my simple break and retest strategy. I''m looking to long this market upon the retest of the psychological level of 85.00 region. A bullish confirmation out of that zone will signal a possible buy trend for the move to around 86.00 region or above, Stay Reactive however,...