Price has broken above our pivot level at 0.69186 which is in line with , 100% Fibonacci extension level & horizontal swing low support . We could potentially see a further rise from here towards 0.70758, which coincides with 50.0% Fibonacci retracement level, 127.2% Fibonacci extension level & horizontal overlap resistance. Finally, we can expect price to take...
Price has broken above our pivot level at 0.69186 which is in line with , 100% Fibonacci extension level & horizontal swing low support . We could potentially see a further rise from here towards 0.70758, which coincides with 50.0% Fibonacci retracement level, 127.2% Fibonacci extension level & horizontal overlap resistance. Finally, we can expect price to take...
The NZDJPY is drifting lower in the "flag" of the bull flag pattern as the pair pivoted (today) off the 38% Fibonacci retracement level of the August lows to the October highs. Technicians will be looking at the 79.48 level as the pivot of being bulls vs bearish in the weeks ahead. The pair if facing the RBNZ decision overnight, and if the RBNZ meets expectations...
The Reserve Bank of New Zealand is expected to raise interest rates next week. But some market participants believe that the central bank will raise interest rates more than initially expected. A segment of the market appears to expect interest rates will rise by 0.50 percent. Many New Zealand dollar traders would be taken aback if it occurred. Read more on:...
Hey traders, we are monitoring NZDUSD for a buying opportunity around 0.692. Once we will receive any bullish confirmation the trade will be executed. Trade safe and use proper risk management! Joe.
✅GBP_NZD is retesting a horizontal resistance level From where I am expecting a bearish reaction And a move down to retest A local support below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅NZD_CAD is retesting a horizontal support line And after the retest I am expecting a rebound So that that pair goes up towards the target above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
OANDA:EURNZD Doesn't it look good for a short term buy ?
Here is our technical outlook for NZDCAD. Our analysis is based on current fundamental situation. According to our drawing NZDCAD is coiling on resistance area. Based on our technical analysis the price will start falling. Like, comment and subscribe to our TradingView Page. ❤️ Please, support our work with like & comment! ❤️
In a long term, bullish trend is confirmed...set up given in green But contradicting short set up possible as ABCD pattern seems to form.
NZDUSD on the 4h chart is testing a daily support. The price after the first bearish impulse tested perfectly the 0.382 level and move once again to the support providing a 2nd bounce to the 0.618 fib level. Now the price is testing again the support and according to Plancton's strategy if the market will break below and satisfy the ACADEMY conditions we will set...
My second share of the week is a EURNZD short trade. Once again POW reversal script is being used for this strategy. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous...
Price is in uptrend on daily and we can see weak sellers momentums so right now this could be a false breakout and price will come back above the prev. daily low. If not then we are looking for sell entry below the weekly support level and sellers territory on H1 time frame. Our first target would be at the previous weekly support level at 78.600.
Analysis on #NZDCAD A possible harmonic bullish bat pattern may or may not complete soon near a very strong structure support level looking left to provide me a reason to get in buy trade if the rules are met. like and comment will be hugely appreciated, thank you so much for your support. Check today analysis below⠀ >>“ Success is where preparation and...
There is 2 posibilities from this pair. If break resist over than 1.0465, I'll Long Position at nearest Demand For now I'll do short at Resist ( Supply ) area around 1.0439 because at High Timeframe Still Down Trend
USD/JPY: • If price pushes down below the upper ascending trend line of our higher time frame structure, it does so impulsively a subsequent tight one hour flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another...
Prices are on a bearish momentum and consolidating in a parallel channel. We see potential for a drop from our sell entry at 1.04242 which is an area of Fibonacci confluences towards our Take Profit at 0.67023 in line with 78.6% Fibonacci retracement and 100% Fibonacci extension. Technical indicators are showing bearish momentum. Any opinions, news, research,...
The NZDUSD Kiwi is facing some support as we are at the channel at .6950 following the re-nomination of the Fed Chair, Jay Powell. The risk is that the USD (which had a significant rally and hitting a new 2021 high today) could rally against the NZD strongly if this confluence is broken. The NZDUSD has been trading heavy in recent weeks but the .6936 78% Fibonacci...