NZDCAD trading in uptrend price rebounded from uptrend line and 61.8% fib level price above SMA 100 price above key level around 0.8720 RSI above 50 so it's expected bullish movement to resistance level; around 0.8900
NZD/USD witnessed modest pullback from the four-month high touched earlier this Wednesday. Elevated US bond yields acted as a tailwind for the USD and prompted some intraday profit-taking. The risk-on mood, rising commodity prices should help limit losses for the resources-linked kiwi. The NZD/USD pair edged lower through the early European session and dropped to...
The pair has a reversal potential on the downside of the market. If the retest of 1.5985 resistance level is a success, the price could take a new reverse and begin a short phase with a mark towards 1.5646 to complete the second leg of the range, and retest the lowest of the year. Plausible Note, the pair is technically using the 200-SMA as a strong resistance...
Market Instrument: GBPNZD Timeframe: Weekly Analysis: Technical Structure: Weekly Support and Retracement Prediction: Bullish GBPNZD is on a major support level on the weekly timeframe where this place created a good buying pressure or interest previously which supported this pair for a considerable amount of growth during each bullish run formed by this support....
On the H4, price is near Pivot level of 0.69728 in line with 161.8% Fibonacci extension and 78.6% Fibonacci projection. Price can dip towards the Take Profit level of 0.68706 which is in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection. Our bearish bias is supported by stochastic indicator as it is at resistance level. Alternatively, Price...
Market Instrument: NZDCAD Timeframe: Weekly Analysis: Technical Structure: Minor Resistance, Impulse, and Channel Prediction: Bearish NZDCAD is forming a nice impulse inside this channel while the current price has revisited the upper boundary and the minor resistance formed on the weekly chart. I have a decent expectation of a reversal to complete the 5th...
Since 01 Feb, this pair has had a nice bullish run. The resistance at 0.6260 and 0.6400 regions have been overcome with ease, the pullbacks have also been mostly shallow and weak. It is my sense that the bulls are still in control here and if we get a pullback to the 0.6400 area, I will be looking to take a long trade. An entry at 0.6400 will give us a...
Hey traders, in today's trading session we are monitoring NZDCHF for a buying opportunity around 0.649 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
We have a important resistance become a support and a price stability above it to continue rest of goal . scenario is different . when a price fall under a support again
-Price reacting off of daily/4hr supply. -Price broke 4hr upward trend line and removed pivot point demand -1hr RBD (rally Base Drop) supply zone. -Waiting for pullback into supply for short.
Hi Traders, Here's my view for the NZDCHF for the coming Days, Stoploss and Targets are mentioned in the chart. STOPLOSS: 0.648$ Targets: 0.597$ 0.577$ NFA, DYOR, and Good Luck.
Sometimes price will not respect your analysis and thats ok. This is not the time to back away from the pair, but to follow the new movement. In this video, I am showing you how I update my analysis quickly and how I tend to set my pending order for a buy.
started trading Forex again. Its scary, Just kidding.
GBPNZD retests a support cluster From the rising trend-line and the horizontal support level at 1.89900 I expect a recovery and a rise Towards the above target at 1.97300. areas
Hello,Friends! In this market situation, I am looking at multiple indicators And I can see bullish momentum accumulating on the pair right now This setiment makes me bullish biased and I am considering a long! Like and subscribe and comment my ideas if you enjoy them!
For More Daily Detailed Analysis, click the follow button. Here we have our FX NZDJPY chart. We can see after the huge rally on NZD strength we are pushing into the realms of hugely high price. Sellers like these prices. As do we.. So take them and scale in for a larger fall. Await entry confirmations on lower Tf's where necessary.
#nzdjpy it is just a trade, playing support and resistance.