OANDA:NZDJPY Break below 89.640 weekly support and price made a retest at what is now 89.640 weekly resistance. a bearish engulfing candlestick on the 4h and 1h is confirmation to go short. Also the 61.8% Fibonacci retracement level at 89.640 weekly resistance is a strong confluence
NZDCAD has been in a correction for almost a year and we might be at the start of the next big impulse. We're expecting NZD strength so we can assume that NZDCAD has bottomed out. Trade Idea: - Watch for BOS, trendline break or reversal pattern on lower timeframe - invalidation for this bullish scenario is below 0.794 so any entries will require a stop below...
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. As I expected in my previous analysis price filled the imbalance and now I wait price to reject from bullish order block + institutional big figure 0.83000 to open a long position. Like,...
Hello,Traders! NZD-CAD broke the key Horizontal level of 0.833 And the breakout is confirmed So I am locally bearish biased And I think that the pair Will go further down Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Please, check our technical outlook for GBPNZD. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 2.045. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2.060 level. P.S We determine...
Is NZDCAD exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.88600 What you guys think of it?
OANDA:NZDJPY Overall bias on NZDJPY is bearish with the daily, 4h and 1h confirming my bias. Price broke below 88.962 4h support and made a retest as 88.962 4h resistance with a bearish engulfing candlestick on the 30 min and also a break of countertrend structure on the 15 min being my confirmations to go short on NZDJPY
EurNzd Breakout from formation consolidation. i see divergence too.. based on Technical Analysis we can see bullish opportunity.
Waiting for a break and retest of 0.83133 to short NZDUSD back to 4H swing low at 0.81995 If you agree drop a like and if you have any questions leave a comment :)
Support and resistance shows a clear chance of bullish movement coming up for the upcoming week. I will be on the watch out for long positions! What do you think?
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Bouncing around at the daily key level. watching for breakout of this consolidation to give me direction! My EUR index also indicated that it is at a key level to hold as a currency. Do Like and Boost if you have learnt something and enjoyed the content, thank you! --...
NZDJPY - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long NZDJPY Entry - 90.140 Sl - 89.836 Tp - 90.710 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBPNZD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy GBPNZD Entry Level - 2.0447 Sl - 2.0367 Tp - 2.0607 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear friends, My technical analysis for GBPNZD is below: The market is trading on 2.0488 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2.0434 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
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 2.040 What you guys think of this idea?
NZDUSD is trading within a wide intraday horizontal range. After the test of its support, the price bounced and violated a resistance line of a falling wedge pattern. To me, it is an important bullish signal. We may expect a bullish movement to the resistance of the range now. ❤️Please, support my work with like, thank you!❤️
NZDJPY reveals a promising Bullish Shark Pattern, presenting a potential trend trading opportunity. While waiting for a 3-bar reversal offers further confirmation, it's prudent to engage post a weakening of the bearish move. For aggressive traders, immediate entry might be considered, with a crucial emphasis on identifying stop levels to mitigate risk. What...
The EUR/NZD exchange rate is currently trading in a downtrend. The currency pair has been forming lower highs and lower lows since June 15, 2023. The RSI is also in a downtrend, which suggests that the selling pressure is likely to continue. Traders who are looking to buy the EUR/NZD exchange rate could consider doing so at the current levels. However, traders...