The Kiwi (NZD/USD) is rising towards the pivot and could reverse to the 1st support. Pivot: 0.6084 1st Support: 0.5984 1st Resistance: 0.6082 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
NZDUSD - 24h expiry Price action has continued to trend strongly higher and has stalled at the previous resistance near 0.6040. Short term RSI has turned negative. Risk/Reward would be poor to call a sell from current levels. A move through 0.6000 will confirm the bearish momentum. The measured move target is 0.5980. We look to Sell at 0.6040 (stop at...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60400 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59400 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60000 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60000 support and resistance area. Trade safe, Joe.
Hello hello everyone, I see a potentially nice trade forming on NZDUSD. A possible 500+ pips to be had as a swing position. As you can see, my bias is bearish. I believe we will target the Relative Equal Lows below. I would have to see price start to move lower in the general vicinity of the illustrated path lines. If I don't get an entry in that area, then I...
NZDUSD - 24h expiry Price action looks to be forming a bottom. Price action has continued to trend strongly lower and has stalled at the previous support near 0.5875. A move through 0.5925 will confirm the bullish momentum. The measured move target is 0.6000. The RSI is trending higher. We look to Buy at 0.5925 (stop at 0.5895) Our profit targets will be...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59200 zone, NZDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.59200 support and resistance zone. Trade safe, Joe.
NZDUSD - 24h expiry Daily signals are bearish. Preferred trade is to sell into rallies. Our outlook is bearish. We look for a temporary move higher. 20 4hour EMA is at 0.5932. The lack of interest is a concern for bulls. We look to Sell at 0.5930 (stop at 0.5956) Our profit targets will be 0.5865 and 0.5850 Resistance: 0.5896 / 0.5920 / 0.5935 Support:...
Attention Traders, Today's focus is on NZDUSD, where we're observing a potential selling opportunity around the 0.60400 zone. After trading in an uptrend, NZDUSD recently experienced a breakout and is now undergoing a correction phase, edging towards the retrace area near the 0.60400 support and resistance zone. Expanding on our analysis, let's consider the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 NZDUSD has been overall bearish , trading within the falling wedge pattern in blue. Currently, NZDUSD is in a correction phase, approaching the lower bound of the wedge. Moreover, it is retesting a strong demand in green. 🏹 Thus, the highlighted blue circle is a strong...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 As per my last analysis, attached on the chart, NZDUSD rejected the lower bound of the channel and traded higher. 📚 Currently, NZDUSD is approaching the upper bound of the channel. Moreover, the highlighted red zone is a strong structure acting as a minor resistance. 🏹 ...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61 support and resistance area. Trade safe, Joe.
NZD/USD: Odds for NZ rate cut? This week the Reserve Bank of New Zealand (RBNZ) is expected to maintain interest rates unchanged at 5.5% Interestingly, as recently as February this year, the RBNZ was still deliberating rate hikes. Presently, the market attributes a 4% probability to a rate cut. The earliest feasible moment for a rate cut could be in November....
Must-know events for the trading week The week ahead in the US will be marked by significant events, including the release of the FOMC meeting minutes and March inflation data. Alongside the meeting minutes, investors will continue to analyze speeches from various Fed officials: Recent remarks from Minneapolis Federal Reserve Bank President Neel Kashkari...
Hey Traders, in the coming week we are monitoring NZDUSD for a selling opportunity around 0.61000 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61000 support and resistance zone. Trade safe, Joe.
NZDUSD - 24h expiry Price action looks to be forming a bottom. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. A move through 0.6050 will confirm the bullish momentum. The measured move target is 0.6100. We look to Buy at 0.6020 (stop at 0.5992) Our profit targets will be 0.6090 and 0.6105 Resistance: 0.6050 /...
NZDUSD has turned bearish on its 1D technical outlook (RSI = 42.582, MACD = -0.004, ADX = 53.918) as up until two days ago it was on the 2nd Bearish Wave of the 2024 Channel Down. This wave appears to have ended as the price hit and rebounded on the S1 level, posting so far two very strong green 1D candles. The pair may make one more Lower Low as on February 5th...