NZD FUNDAMENTAL BIAS: BULLISH 1. Monetary Policy At their April meeting the RBNZ surprise economists but not STIR markets by delivering a 50bsp hike, taking the OCR to 1.50%. The bank stressed, like most others, that inflation is a concern and that they will ensure that higher price pressures don’t become embedded in longer-term inflation expectations. The...
D1 - Price is bouncing lower from a strong resistance zone. Bearish hidden divergence followed by continuing bearish divergence. H1 - Bearish trend pattern. Lower lows. Until the two strong resistance zones hold my view remains bearish here.
-INTRODUCTION- AUDNZD has been moving in a horizontal channel after reaching a new high at the 1.1110 level. The new high has not been retested. Therefore, we will continue to look for buy opportunities after a pullback. Check out our previous AUDNZD pullback trading ideas below.
- NZD FEATURE The NZD FEATURE currently stands at 0.6478 LEVEL. JPY FEATURE is getting a bit DOWN right now. The JPY FEATURE is a bit UP with the RISK OFF of the previous days. Stay tuned for the VIX INDEX. Currently VIX is getting somewhat DOWN. The NZDJPY price is ready to move higher than the DYNAMIC LEVELS. - Currently the OVERALL MARKET is showing a...
FX:GBPNZD 4 hour frame trend line confirmation support and resistance
TAYOR! i have nothing to say if youre trader you know what i know.
First target price for NZDJPY is 83.360.
Hey traders, in today's trading session we are monitoring NZDJPY for a selling opportunity around 81.9 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
a nice touch of the 0.78 fib today and a liquidity grab from yesterday been in a channel correction for a while now next move up should be coming targets marked in green stop 0.616
NZDJPY created a nice falling wedge pattern and the current price action confirmed a bullish breakout. Here considering the Fi retracement we can expect a decent recovery close to 50-61%.
Once it breaks previous candle high @ 82.781, it is likely to go up towards 83.645
/This pair flirting at support area, if broken look for retest
Hello Traders, GBPNZD has rolled back to strong support and we expect a bounce from the area for a nice scalp/intraday opportunity. If 4 hr. support breaks, the trade is no longer valid. What are you thoughts on this pair? Be sure to follow the rules of your strategy for entry! Trade safe, Brian & Kenya, BK Forex Academy
GBPNZD still currently downtrending, 4H still continues to make lower lows and lower highs. Although 1H did break to the upside, we failed to create a new high and broke to the downside. New range was created, fibonacci retracement snipe zone aligns with institutional candle for a mitigation trade.
As we are all our approaching tomorrow's RBNZ rate Hike, we are awaiting a possible raise of interest which will in turn spike the new zealand dollar. Teachnically speaking all upsides of GN has failed based on the current theree (3) highs of GN. Expecting Gn to break out of my breakout zone. the possible fall to my target. NB: blue box: breakoout zone red...
NZD FUNDAMENTAL BIAS: BULLISH 1. Monetary Policy At their April meeting the RBNZ surprise economists but not STIR markets by delivering a 50bsp hike, taking the OCR to 1.50%. The bank stressed, like most others, that inflation is a concern and that they will ensure that higher price pressures don’t become embedded in longer-term inflation expectations. The...
Pair is has now create a higher highs, signaling a strong bullish trend. Looks to continue its way up the rising channel. With expected rate hike happening tomorrow! Looking for entry during this pullback in a support are. Setting 2 possible targets: 100 & 200 pips. Stop-loss is no doubt compulsory.