The NZDCAD pair just completed a Death Cross on the 1D time-frame, the first since June 20 2023. Even though the price rebounded inside the 1.5 years Higher Lows Zone, the prevailing pattern since December 2023 is a Channel Down. With the July 14 2023 High formed (and rejected) on the 0.786 Fibonacci retracement level, it is possible to see a rejection on the new...
GBPNZD has been ranging and currently stands along a strong support area with a Bullish Divergence on 1HR and 4HR TF. Buystops can be placed with the BOE interest rating news incoming. Sentiments currently are 87% long.
Looking at the chart of GBPNZD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
Price is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.97976 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement. Stop loss: 0.98340 Why we like it: There is a pullback resistance...
NZD/CAD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.81706 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 0.81212 Why we like it: There is a pullback support level which...
NZDUSD - 24h expiry Price action has continued to trend strongly higher and has stalled at the previous resistance near 0.6040. Short term RSI has turned negative. Risk/Reward would be poor to call a sell from current levels. A move through 0.6000 will confirm the bearish momentum. The measured move target is 0.5980. We look to Sell at 0.6040 (stop at...
Expecting upside movement from this area with possible targets marked.
Opportunity for long on the theory markets range 70% of the time
NZDCAD is displaying a double top pattern with a Bearish Divergence. Short at the break of the LH
My dear friends, Please, find my technical outlook for GBPNZD below: The price is coiling around a solid key level - 2.0890 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 2.1001 About Used Indicators: The pivot point itself is...
A #long trade opportunity recently presented itself on the #poundkiwi (#GBPNZD) #trading chart 📈. This is indicated by the #bullish engulfing candlestick 🕯️ pattern on the 2.08563 horizontal support level. This indicates a fakeout (fake breakout) of the same level, with potential price move in the upward 👆 ⬆️ direction (#buy). Sufficient upward momentum should...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60400 support and resistance area. Trade safe, Joe.
AUDNZD is displaying a prominent double top formation with a bearish divergence on the RSI. Pending RBA interest rate decision can be the catalyst for its reversal. Sentiments are also 97% short SHORT from break of LH.
My Dear Robbers / Traders, This is our master plan to Heist Bearish side of NZD/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at...
Based on EMAs I think we still have a bullish trend
Based on EMAs I think we still have the bullish trend
Pair: FX:NZDCAD Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Stochastics are in Oversold Conditions on D1, H4 and H1 time-frames - Price action is at a resistance trendline & also a horizontal trendline (Demand zone) - Price is between the 61.8 - 78.6% Fibo retracement - Aiming for the 38.2% Fibo Retracement which...
Technical Confluences for Trade: - Stochastics are in Oversold Conditions on H1 & H4 time-frame - Price action is close to a Demand Zone (Yellow Area) & has Support Trendlines around - Aiming for the next Consolidation Zone of Price Actions Fundamental Confluences for Trade: - Very different economies with market data gyration will pretty much determine the...