Just like EURNZD, GBPNZD is in a big weekly support zone. Price is most likely going to bounce from this zone so I will be looking for long entries!
EURNZD is in a big weekly support area. Price has gone really low into the zone. I will be looking for long entries and aiming for a price to break higher points!
✅NZD_JPY fell again to retest the support of 87.800 But it is a strong key level So I think that there is a high chance We will see a bullish rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hey Traders, In preparation for tomorrow's trading session, our focus centers on NZDCHF, where we are carefully monitoring a potential buying opportunity around the 0.53300 zone. Currently entrenched in an uptrend, NZDCHF showcases a sustained upward trajectory. Concurrently, the currency pair is navigating a correction phase, gradually converging towards the...
EURNZD long idea from support zone. I will be looking for long positions when price enters this zone because this is a really strong zone on the weekly chart!
We are currently on the buyside curve after taking out SSL (Previous Low).
Take a look at our analysis for NZDJPY. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 87.994. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 88.507 level. P.S The term oversold refers...
GBPNZD formed a head and shoulders pattern after a test of a key daily resistance. The neckline of the pattern is broken, and we see its retest at the moment. I expect a bearish movement to 2.0420 / 2.0315 ❤️Please, support my work with like, thank you!❤️
Hello,Traders! GBP-NZD went up and hit A horizontal resistance of 2.059 From where we are seeing A bearish reaction so I think That we will see a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in the coming week we are monitoring NZDUSD for a buying opportunity around 0.61400 zone, NZDUSD was trading in a downtrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 0.61400 support and resistance area. Trade safe, Joe.
GBPNZD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the sell momentum continues the next target could be 2.0200 What you guys think of this idea?
FX:GBPNZD Looking good for a long especially if this week's candle closes around the 2.057 area. This doesn't mean we may not see a further push lower. Looking at the lower TFs, there are chances for price consolidation
I like to simplify things here is the chart for NJ am really looking at two zones 87.700 break out and 88.500 if price decide to retest the level again for the second time again.
NZD/CAD, following the identification of a Change of Character (ChoCh) within the major bullish order flow, has experienced a subsequent ChoCh to the upside accompanied by a Break of Structure (BoS). Currently, the strategy involves waiting for a downward ChoCh confirmation, which is anticipated to be fulfilled by the recently formed Fair Value Gap (FVG).
Hello traders! ‼️ This is my perspective on NZDJPY. Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect bullish price action from here as price rejected from bullish order block + institutional big figure 88.000. Like, comment and subscribe to be in touch with my content!
It is extremely risky. Selling liquidity is in this area. But in my opinion, it is risky
My dear subscribers, This is my opinion on the GBPNZD next move: The instrument tests an important psychological level 2.0538 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2.0483 About Used Indicators: On the subsequent day,...
Price is reacting off our buy entry which is a pullback support level at 87.951 . Our take profit is at 89.215, an overlap resistance level. Stop loss is at 87.548, which is a swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against...