H4 - Bullish trend pattern Currently it looks like a pullback is happening Until the strong support zone holds I expect the price to move higher further after pullbacks.
H4 - Bullish trend pattern Currently it looks like a pullback is happening Until the two strong support zones hold my short term view remains bullish here.
H1 - Strong bullish momentum. Downtrend line breakout. Higher highs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
H4 - Bullish trend pattern. Currently it looks like a pullback is happening. Until the strong support zone holds I expect the price to move higher further after pullbacks.
The NZD/USD pair has shown an upward reversal, so buying is preferred. Currently, our trading strategy indicates the need for a downward correction. The ideal scenario on November 06th would be a touch of the November 2nd high at 0.59171. On Monday, a small momentum-driven growth is possible, followed by a correction. In any case, after the completion of the...
On the H1 timeframe, price is testing a key support zone at 0.6280, which is in line with the 61.8% Fibonacci retracement. A throwback to this support zone could present an opportunity to ride the bounce to the resistance zone at 0.6350, which coincides with the 61.8% Fibonacci extension and graphical high. Stochastics are in the oversold region below 20,...
Prices are hovering above a key support zone at 0.6200 on the H4 timeframe. A throwback to this support zone, which coincides with the 23.6% Fibonacci retracement, could provide the bullish acceleration to the resistance zone at 0.6280, in line with the 78.6% Fibonacci extension. Price is holding above the 20 EMA and Ichimoku cloud, supporting our bullish bias.
On the H4 timeframe, prices have broken above a key resistance-turned-support zone at 0.6220, which is in line with the 23.6% Fibonacci extension. A throwback to this zone could present the opportunity to ride the bounce to the resistance zone at 0.6300, which coincides with the 61.8% Fibonacci retracement. Prices are holding above the 50 EMA, and MACD is showing...
Prices are testing a key resistance zone at 0.6520 on the H1 timeframe. A throwback to the support zone at 0.6450, which coincides with the 50% Fibonacci extension, could present an opportunity to ride the bounce to the resistance zone at 0.6520.
On the H1 timeframe, prices are on an uptrend which surpassed the resistance turned support zone at 0.61800. Price has thus approached the 0.62780 resistance where a break to the upside could see prices push higher. Given the slower than expected rate hikes of the Fed which has weighed down the Dollar, coupled with the historic rate hike of 75 bps by the RBZ...
The market is rising from the MAJOR SUPPORT ZONES. Do not miss this trade plus market is in Divergence.
NZDUSD made fake breakout from the bottom and now upside the trendline. I believe that NZDUSD will go further upside to it's trend line.
Upbeat NZD Market Mood, weak USD - SM 90/10 - Orders & economic Numbers on Juny 28th - Targets for now ~0.645 - Max RR 1:4
Long position established on the NZDUSD 4H Price has recently made new highs Bullish trendline touched and held +3x Retracement to the 50% Fibonacci level Price held at an area of previous structure support MACD signal line just about made a new high relative to the most recent push higher by price Bullish pin bar held at the 50% retracement followed by a...
List of confluences: 1: Weekly chart breakout and chart in market structure. 2: Weekly and daily Chart short to medium term trendline breakout. 3: Potential Head and shoulder formation on daily chart Summary: When we look on the weekly time frame, we can see a clear bullish market structure change and breakout. Usually after such a strong breakout we tend to...
nzdusd facing a rejection at strong support level and showing sign of bullish rejection on higher time frame market is in consolidation look for bullish confirmation on lower time frames and enter long with your own money management always remember that discipline with patience is the key to success in financial world
Nzdusd - kiwi resting on weekly support after falling off a weekly supply zone.. now we can expect some bullish moves from this pair possibly a 100-200 pips rally to come.
The price has broken the previous resistance and expected to grow more