The NZD/JPY pair on the M30 timeframe presents a potential buying opportunity due to a well-defined bullish channel pattern. This pattern suggests ongoing upward momentum and a higher likelihood of further advances in the coming minutes or hours. Key Points: Bullish Channel: The price has been trading within an upward-sloping channel defined by two converging...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61400 support and resistance area. Trade safe, Joe.
Hello,Traders! GBP-NZD is going down But will soon hit a Horizontal support level Of 2.0575 from where A bullish rebound It to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Expecting price to continue with the Bearish Order flow, delivering lower prices, after mitigating the OTE Area, and after taking liquidity.
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.82150 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.82150 support and resistance area. Trade safe, Joe.
NZDCHF was trading in descending parallel channel. The price was reacting well the support and resistance of channel. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target...
Hello,Friends! Previous week’s green candle means that for us the GBP/NZD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 2.038. ✅LIKE AND COMMENT MY IDEAS✅
Hello Traders! - SHORT TRADE EXECUTION - This is my idea related to NZDJPY M30. I see that the trend is going bearish, and I expect that the PDL or BOSS will be taken. My target is the OB level at M30 tf. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
Dear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
OANDA:GBPNZD A short position can be taken on the specified levels There is no position before reaching the surface
Hello,Traders! NZD-JPY is making a Pullback from the broken Rising support line which is Now a resistance and I think That we will see a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
NZD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 90.252 Why we like it: There is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level Stop Loss: 90.713 Why we like it: There is a pullback resistance level Take Profit: 89.358 Why we like...
The NZD/JPY pair on the M30 timeframe presents a potential selling opportunity due to a well-defined bearish channel pattern. This pattern suggests ongoing downward pressure and a higher likelihood of further declines in the coming minutes or hours. Key Points: Bearish Channel: The price has been trading within a downward-sloping channel defined by two...
Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for a long. I wait price to make a retracement to fill the imbalance lower and then to reject from support zone for a potential long. Fundamental news: Upcoming week on Tuesday we will see results of...
NZDCAD Sell Limit 1:21RR Nzdcad been falling for a few months now making it a bearish trend on the high time frame. Hoping it'll drop more torwards my Buy Target
Hello,Friends! NZD-CHF downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.526 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the NZD/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
My dear friends, Please, find my technical outlook for NZDCHF below: The price is coiling around a solid key level - 0.5255 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.5279 About Used Indicators: The pivot point itself is...
Please, check our technical outlook for NZDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.817. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.814 level. P.S Please,...