Prices are approaching a pivot. We see the potential for a pullback from our sell entry at 0.69869 which is an area of Fibonacci confluences towards our Take Profit at 0.68849 in line with 23.6% Fibonacci Retracement. Divergence is spotted on RSI, further supporting our bearish view. Any opinions, news, research, analyses, prices, other information, or links to...
I have identified the strongest support and resistance areas for this pair. Keep this analysis and then wait for confirmation
On the H4, price is near pivot level of 0.69731 in line with 127.2% Fibonacci extension. Price can dip towards the take profit level of 0.68703 which is in line with 50% Fibonacci retracement and 61.8% Fibonacci projection. Our bearish bias is supported by stochastic indicator as it is at resistance level. Any opinions, news, research, analyses, prices, other...
On the H4, price is near Pivot level of 0.69728 in line with 161.8% Fibonacci extension and 78.6% Fibonacci projection. Price can dip towards the Take Profit level of 0.68706 which is in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection. Our bearish bias is supported by stochastic indicator as it is at resistance level. Alternatively, Price...
On the H4, price is abiding to the ascending trendline. Price is near pivot level of 0.86556 in line with 78.6% Fibonacci projection and 61.8% Fibonacci retracement. Price can move towards the take profit level of 0.87215 which is in line with 127.2% Fibonacci extension and 61.8% Fibonacci projection. Our bullish bias is supported by the how price is expected to...
Hey traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.687 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, above is a technical overview on NZDUSD and the most important zones to watch.
NZD FUNDAMENTAL BIAS: WEAK BULLISH 1. Monetary Policy More hawkish than expected can sum up the February RBNZ policy decision. Even though the bank delivered a 25bsp hike and did not surprise with a 50bsp hike (probability was at 30% before the meeting), they managed to surprise markets with their upgraded projections and plans for QT. Markets were...
Hey traders, in Next week's FOMC we are monitoring NZDUSD for a buying opportunity around 0.68 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
NZD FUNDAMENTAL BIAS: WEAK BULLISH 1. Monetary Policy More hawkish than expected can sum up the February RBNZ policy decision. Even though the bank delivered a 25bsp hike and did not surprise with a 50bsp hike (probability was at 30% before the meeting), they managed to surprise markets with their upgraded projections and plans for QT. Markets were...
NZD FUNDAMENTAL BIAS: WEAK BULLISH 1. Monetary Policy More hawkish than expected can sum up the February RBNZ policy decision. Even though the bank delivered a 25bsp hike and did not surprise with a 50bsp hike (probability was at 30% before the meeting), they managed to surprise markets with their upgraded projections and plans for QT. Markets were...
Hey traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.682 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
NZDUSD currently bounced of the support line and there was double bottom. I am on the bullish bias to the next resistance structure. 0.6895 is my target! What is your analysis on this pair?
NZDUSD is in the supply area! U can see a drop base drop there. So, dont scare to short and take profit in the NZDUSD previous resistance.
Hey traders, in the coming week we are monitoring NZDUSD for a selling opportunity around 0.687 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Take Profit at price level 0.68598. NZDUSD New Zealand Dollar
Hey traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.679 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
hi traders: Previous sell forecast didn't develop into further confirmation to sell, and price has managed to move up now to another previous highs. This time, price is event better in terms of the bearish reversals. WE can now see a double tops, larger ascending structure, and smaller ascending within. The price continue to evolve structure, but higher...