This is a tough chart. Can't lie however, I'm actually bullish on NZDUSD. I would like to see if price can test the most recent support level which would be close to retracing up to 38% of previous low on the weekly timeframe. Looks like we are trading about the 20, 50, and 200 ema on the weekly timeframe. I would like to see a continuation. If the DXY remains...
NZD FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the RBNZ At their Oct meeting, the RBNZ delivered on expectations to raise the OCR to 0.50%. As the hike was already fully priced, the lack of new hawkish tones we saw a textbook buy-the-rumour-sell-the-fact reaction in the NZD pushing lower. There was additional focus on the RBNZ expecting...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
NZDJPY has been one of the strongest currencies for the last several days, while the JPY has been one of the weakest. This may change come with BoJ news on Monday. Rates may stay the same, but just be aware. Price made a HH, and with a RTI (return to impulse) expected, we can short to the expected HL. There, we can take the more significant swing trade for a...
zdchf: currently waiting for price to spike up to my labelled blue region up to my "line" at the 0.66000 region before looking for sell opportunities here similarly to nzdjpy. Again, this does not mean to sell right away when price reaches here 🍭
nzdjpy: currently watching for sells here at two regions for me in nzdjpy at 81.700 followed by 82.300. Again, this does not mean to sell right away when price reaches to either of these two regions. Ideally, for price to reach up to my upper line at the 82.300 region for sells. Failure for price to come here then i would wait for further price action 👁
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
And so, GBPNZD closed the week at 1.92193. In this case, the Pound is in the red zone and short positions are characteristic of the currency pair. From current prices, the tool may try to adjust to 1.93690, maybe even higher, but it is assumed that the tool would still be under pressure from sellers. Remember, there is no place for luck in trading - only...
Hello Traders, Here we have a NZDUSD long trade idea. If you like this idea please show your support! This trade idea is based off the fact of the USD reaching a weekly low and we can see some strength beginning to occur making NZDUSD pair weaker. Also the NZD is at a monthly high since the beginning of May so we are expecting some weakness which already...
EURNZD finally retested a broken key level on Friday. Next week I expect a strong bearish move from that. The market is trading in a bearish trend for a while, so such a tendency will remain. Please, support this post with like and comment!
From the daily time frame we see the price action has reached a resistance trendline , based on the previous 2 touches . what we understand from the previous movements of the market we will be looking for a chance or rather confluences as to why we vouch it to sell based to the lower time frame , in this case the 4 hrs. time frame is best fir , where we will...
And so, the New Zealander approached the level 0.71497 as expected. The instrument is unlikely to go down below. So a rebound upwards is expected. Local resistance is at 0.72067. Most likely, buyers would push the pair to this level at the beginning of the next week. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Case 1 NZDCHF after making a good bull run, correcting itself at fib level 0.382. It has taken good support, attempt to buy at current level with stop loss 0.65400 with first tp: 0.66340 Case 2 if it breaks the fib level 0.382. Attempt to short it with stoploss just above the resistance 0.65450. Either way it will be a good trade!
price already make a confimation for buy in ltf good luck for your trade put stop loss 1.91388
short position maybe ..........................................................................................................................................................................................................................................................................................
EURNZD - Intraday - We look to Sell a break of 1.6319 (stop at 1.6351) We are trading at oversold extremes. A break of yesterdays low would confirm bearish momentum. Daily pivot is at 1.6320. There is no clear indication that the downward move is coming to an end. Our profit targets will be 1.6231 and 1.6211 Resistance: 1.6370 / 1.6400 / 1.6440 Support:...
Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions...
Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions...