Hey traders, in the coming week we are monitoring NZDUSD for a buying opportunity around 0.60600 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Good evening Traders. Dont forget to put your comments and thumbs up, if you like the idea BUY ZONE: 58400 - 57900 TARGET: 60700 DISCLAIMER: The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
On the H4 chart, as the price is moving above ichimoku cloud and ascending channel, the price may rise to the buy entry at 0.60395, which is in line with the previous swing high and 61.8% fibonacci projection. If the 1st resistance is broken, the take profit could be at 0.61546, where the previous swing high is. Alternatively, the price may drop to the stop loss...
NZD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Over the past 12 months the NZD has been a tricky currency to pin down. Fundamentals that should have provided support haven’t, and the country’s lower terms of trade has made it the biggest loser among the high betas in the cyclical environment. However, over the last few weeks the NZD’s price action has been a...
NZD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Over the past 12 months the NZD has been a tricky currency to pin down. Fundamentals that should have provided support haven’t, and the country’s lower terms of trade has made it the biggest loser among the high betas in the cyclical environment. However, over the last few weeks the NZD’s price action has been a...
Overnight, the NZDUSD continued with the uptrend to climb steadily toward the key resistance level of 0.5950. With no major news events today, look for the development of price action at this resistance level to signal the next directional bias. A brief reversal back down toward the 0.5850 price level could be required before further upside. Alternatively,...
nzdusd looking for sell here based on supply n demand structure good luck
Hey traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.593 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
NZD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Over the past 12 months the NZD has been a tricky currency to pin down. Fundamentals that should have provided support haven’t, and the country’s lower terms of trade has made it the biggest loser among the high betas in the cyclical environment. However, over the last few weeks the NZD’s price action has been a...
The NZDUSD climbed strongly to test the key resistance level of 0.5940 on Friday as the DXY weakened and markets took profit at the end of a volatile trading week. Currently, the price has retraced to the 0.5885 price level, the price is likely to consolidate at this level but a further move to the upside can be anticipated. Look for the NZDUSD to break above...
Bullish divergence on rsi? Double bottom indicator and lower low price action? Looking USD weakness after a strong FOMC day. Could price retest recent high to some degree?
SELL @ 0.59000 Sl @ 0.59640 Tp @ 0.55000 Expecting USD strength during the interest rates decision which is due later on today.
Hey traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59200 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
The NZDUSD pair has been trading within a long-term Bearish Megaphone pattern since the April 05 High. Yesterday it broke (but didn't close) above the 1D MA50 (blue trend-line) for the first time since August 18. Today it is (so far) trading entirely above the 1D MA50. If it closes above it as well, we expect it to extend the rise to the 1D MA100 (green...
On the H4 chart, as the price is breaking the descending trendline, moving within the ascending channel and the price is above ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 0.58328, which is in line with the previous swing low to the take profit at 0.59963, where the 50% fibonacci retracement and 161.8% fibonacci extension...
NZDUSD - 22h expiry - We look to Buy at 0.5750 (stop at 0.5675) Previous support located at 0.5750. Previous resistance located at 0.5800. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 0.5800 will confirm the bullish momentum. Our profit targets will be 0.5900 and 0.5950 Resistance: 0.5800 /...
On the H4 chart, as the price is breaking the descending trendline and the price is above ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 0.57871, which is in line with the previous swing low to the take profit at 0.59963, where the 50% fibonacci retracement is. Alternatively, the price may drop to the stop loss at 0.57207,...
bouncing upper trendline breakthrough the line and plunge in 1h 4h