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 filled the imbalance and rejected from bullish price action Like, comment and subscribe to be in touch with my content!
Greeting fellow traders and the entire Tradingview community. This is a set-up which was on my mind for the last few days. Thankfully, CPI data from the US propelled NZD/JPY to the level I was targeting in my mind. Price has reached the previous high. So, do you think we should sell it? Ideally, we need to wait for a couple of bearish candles before pulling the...
After price had been moving up with decent momentum, it began to retrace back down in a form of a descending channel, which is a form of internal liquidity. Price held this formation all the way down till it tapped a long term demand zone, taking out liquidity below the established channel in the process. It preceded to break an internal structure strong high,...
NZDCAD formed a double bottom formation on a strong horizontal support. We may anticipate a pullback now. Goals: 0.8220 / 0.8239 ❤️Please, support my work with like, thank you!❤️
The AUDNZD pair hit both our sell and buy Target since we last looked at it (see chart below) on September 26: The price is now both on the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) which move parallel and has started the new bearish wave (red arc) towards the Higher Lows trend-line of the long-term Triangle pattern. As you can see, this is...
Hello guys According to the chart that you can see after we signaled that the price ready to go up from that support zone area and ready to break all the resistance, At this time after the pull back to the trendline the price is ready to go up one more time again and we will try to update the price of movement for all of you. If you have any question send us...
GBPNZD has been such a weird pair for me. It gives off bearish vibes as annotated in my original analysis. As labelled on my chart, I entered short last week and got stopped out a few days later. Now that price entered and then exited the previous range on the downside, I'm enticed to make another attempt at a short entry. Plan is to wait for 1-2 more daily...
The NZDCAD has been in a bearish trend since December 2022, forming a descending resistance trendline. The price is currently touching this resistance. Possible Scenario 1: Breakout to the upside If the price breaks above the resistance trendline, it could signal a reversal to the upside. This would be a bullish signal, and traders could look to buy NZDCAD. ...
The NZDJPY is trading within a Channel Up pattern and is currently on the latest bullish leg towards a new Higher High. All previous waves have been at least +6.12%, so that gives us still an opportunity to buy and target 92.150. If the RSI hits 73.40 before the target, close the buy regardless, as the 73.40 Resistance has formed the September 29...
NZDUSD is currently approaching a strong intraday/daily horizontal demand cluster. After a CPI release, pay attention to an expanding wedge pattern on a 4H time frame. Its resistance breakout - 4h candle close above - will give you a strong bullish confirmation. A bullish movement will be anticipated at least to 0.5899 Alternatively, a bearish violation of a...
In 2023, the RBNZ raised interest rates several times in an effort to combat inflation. This led to an increase in the value of the NZD, as investors sought higher returns in New Zealand. Strong economic growth in New Zealand can lead to an increase in demand for the NZD, as businesses and investors look to invest in the country. New Zealand is a major exporter of...
We can see NZDCHF trying to escape from a long term downtrend. It's been a while that it's consolidating and after some stop hunt for sellers, looks ready to go up in a new up trend.
Greetings! In this video, we're diving into the dynamics of the NZDJPY currency pair. While it has displayed a bullish trend, recent observations on the four-hour timeframe indicate a potential weakening. A discernible break in the established structure has piqued our interest, prompting a closer look at potential trade opportunities. Throughout the video, we'll...
Price is in a bullish trend as it has been breaking highs and respecting lows. It broke the previous high with momentum where it receded to consolidate and retrace gradually, forming liquidity in the process. Due to the nature of this break, price could use the latest strong low as liquidity to reach for a demand zone that was previously unmitigated before...
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 suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.8040 followed by 0.800. What you guys think of it?
Hey Traders, Take a look at this analysis on NZDCHF. It's advisable to wait for a breakout either below or above the flag pattern, which appears to be forming gradually on the RSI indicator. Keep a close eye on this development.