In the daily time, we see an increase in the price sharpy, which has reached a strong resistance zone. As a result, in this area we expect a return or at least correction to the specified range.
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61400 support and resistance area. Trade safe, Joe.
Greetings Traders, In today's trading session, we're closely watching NZDUSD for a potential selling opportunity around the 0.60850 zone. NZDUSD, previously in an uptrend, is now in a correction phase, nearing the retrace area at the 0.60850 resistance zone. Adding a fundamental layer to our analysis, recent positive USD data has influenced market sentiment. The...
Hey Trader, Check this analysis out on NZDUSD After the FOMC data that simply put Dollar in a more stable state, NZDUSD has successfully retested the previously used Resistance zone (Trendline) and is moving toward the downside as trend continuation, possibly after the break of the flag pattern Keep a close tab on this one.
Hey Traders, in the coning week we are monitoring NZDUSD for a buying opportunity around 0.60600 zone, NZDUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.60600 support and resistance zone. Trade safe, Joe.
NZDUSD - 24h expiry There is no clear indication that the downward move is coming to an end. Although we remain bearish overall, a correction is possible without impacting the trend lower. Risk/Reward would be poor to call a sell from current levels. A move through 0.6075 will confirm the bearish momentum. The measured move target is 0.6025. We look to Sell...
NZDUSD - 24h expiry Mixed but negative price action has resulted in consecutive, narrow-ranged, sideways trading days. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 0.6100 will confirm the bearish momentum. The measured move target is 0.6050. We look to Sell at 0.6125 (stop at 0.6149) Our profit...
Hey Traders, in tomorrow's trading session we are monitoring NZDUSD for a selling opportunity around 0.62500 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 0.62500 support and resistance zone. Adding a fundamental layer to our analysis, the recently...
Greetings Traders, As we gear up for the upcoming trading week, our attention turns to NZDUSD, where we are actively monitoring a potential buying opportunity around the 0.61900 zone. The currency pair has been trading within an established uptrend, and its current correction phase is bringing it closer to the trend at the crucial 0.61900 support and resistance...
Greetings Traders, As we look forward to the upcoming week, our focus turns to NZDUSD, where we are actively eyeing a potential buying opportunity around the 0.62300 zone. Engaged in an uptrend, NZDUSD is exhibiting a sustained upward trajectory. Simultaneously, the currency pair is undergoing a correction phase, steadily converging towards the trend at the...
Hey Traders, in this week we are monitoring NZDUSD for a buying opportunity around 0.62600 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.62600 support and resistance area. Trade safe, Joe.
NZDUSD reached the top of the Bearish Megaphone pattern and along with the overbought 1D technical outlook (RSI = 71.202, MACD = 0.006, ADX = 58.197) is on the ideal short level. The last LH was priced just under the 0.786 Fibonacci level and this is where the price is currently at. We turn bearish, targeting the 1D MA50 (TP = 0.60500). ## If you like our free...
NZDUSD - 24h expiry Indecisive price action has resulted in sideways congestion on the intraday chart. Momentum is flat, highlighting the lack of clear direction. Risk/Reward would be poor to call a buy from current levels. A move through 0.6225 will confirm the bullish momentum. The measured move target is 0.6280. We look to Buy at 0.6200 (stop at...
our attention is directed towards NZDUSD, where we are actively monitoring a potential buying opportunity around the 0.61400 zone. Presently engaged in an uptrend, NZDUSD exhibits a sustained upward trajectory. Concurrently, the currency pair is navigating a correction phase, steadily converging towards the trend at the critical 0.61400 support area. This...
Hey Traders, in the coming week we are monitoring NZDUSD for a buying opportunity around 0.61400 zone, NZDUSD was trading in a downtrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 0.61400 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.61500 zone, NZDUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.61500 support and resistance area. Trade safe, Joe.
The NZDUSD pair hit the 0.60500 target (see chart below) we set on our most recent call (October 27): As you can see, the price extended even higher to the top (Lower Highs trend-line) of the 12-month Channel Down where it has so far been rejected. This is technically the most optimal level to sell, as long as the trend-line holds of course. We are taking...
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.62 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 0.62 support and resistance area. Trade safe, Joe.