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Nzdindex

NZDUSD - LongTerm + MidTerm forecast, Technical AnalysisMonthly TimeFrame: Weekly TimeFrame: LongTerm forecast (Monthly Timeframe): Price is in a Downtrend, But 0.5470 is a Major support. Considering that this support line has not been broken since 2009, there is a high probability that the price will be rejected and a long-term upward trend will be formed. But this process will also take years. MidTerm forecast (Daily Timeframe): 0.57992 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. We would set buy orders based on Daily-Trading-Opportunities and expect to reach MidTerm targets. Beginning of entry zone (0.5540) Ending of entry zone (0.5470) Take Profits: 0.5664 0.5750 0.5799 0.5863 0.5916 0.6036 0.6118 0.6259 0.6368 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Long
by ForecastCity
18
NZD/CAD Long positionWe expect this to be the trade of the week as well as GBP/NZD. Our fundamental bias on this pair is tilted to the upside. we expect NZD strength due to the interest rate hike circle they are on. Market is expecting the RBNZ to raise rates tomorrow and bring forth they rate hike projections. We expect the CAD to be pressured as the oil prices are expected to drop by the intervention of the US and the OPEC. Technically we are looking at the pair to complete wave 3 in the minor degree.
Long
by MlungisiMpapane
LONG Kiwi index Approaching Support, Prepare For A Bounce Kiwi index is approaching its support at 6.9441(61.8% Fibonacci extension , horizontal swing low support, 61.8% Fibonacci retracement ) where it could potentially bounce to its resistance at 7.0079 (38.2% Fibonacci retracement , horizontal swing high resistance). Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Long
by Klimex
LONG Kiwi index Approaching Support, Prepare For A Bounce0 Kiwi index is approaching its support at 6.9441(61.8% Fibonacci extension , horizontal swing low support, 61.8% Fibonacci retracement ) where it could potentially bounce to its resistance at 7.0079 (38.2% Fibonacci retracement , horizontal swing high resistance). Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Long
by Klimex
Kiwi index Approaching Support, Prepare For A Bounce Kiwi index is approaching its support at 6.9441(61.8% Fibonacci extension , horizontal swing low support, 61.8% Fibonacci retracement) where it could potentially bounce to its resistance at 7.0079 (38.2% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Long
by Klimex