Nzdusdforecast
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS - NZDUSD has been going down very fast in recent days. The reason for that is because of the VIX UP and some strength in the dollar. Due to MARKET RISK OFF in the previous few days, COMMODITIES also fell down very fast. Because of that, every NZD BASED CURRENCY PAIR was SOLD. AUD, NZD, CAD, CURRENCIES SELL in these few days due to MARKET RISK OFF again in this week.
- Thus, COMMODITIES are selling quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can sell further until it reaches 0.5929 LEVEL. And after that, if the MARKETS RISK is ON, you can definitely BUY until the NZDUSD 0.6253 LEVEL.
Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
⭕Best BUY area for NZDUSD🧨🔥 🔰You can see the analysis of New Zealand dollars in US dollars in 2-hour time frames (NZDUSD_ 2H)🔍❗
✴️As is evident in the description, the price after breaking the line has had an upward trend (black🖤) and pullback (orange🧡) has been rigged. If the price reaches the DEMAND range and also breaks the downtrend line (black🖤) we can expect the price to climb to the first supply zone(SUPPLY 1). In case of breaking the first supply zone(SUPPLY 1) , it can climb to the second supply zone(SUPPLY 2) and with the same conditions can climb to SUPPLY 4🧐❗
The areas of SUPPLY and DEMAND are clear in the picture👌
Do you think this analysis can be profitable❓❓
I hope the analysis was useful for you🤍🌹
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NZDUSD sell the breakdown!!NZDUSD has formed a strong bearish price action with a long bearing engulfer at the of this current session. The price is in the long-term bearish move, on the daily price already has grabbed liquidity, and on the 4H timeframe price has formed a head & shoulder, signaling a greater drop to the downside.
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#NZDUSD
- NZDUSD has been going down very fast in recent days. The reason for that is because of the VIX UP and some strength in the dollar. Due to MARKET RISK OFF in the previous few days, COMMODITIES also fell down very fast. Because of that, every NZD BASED CURRENCY PAIR was SOLD. But yesterday, AUD, NZD, CAD, CURRENCIES were in DEMAND due to MARKET RISK ON again.
- Thus, COMMODITIES are becoming somewhat BUY. It also affects the NZD very strongly.
- Anyway, NZDUSD can continue to BUY until the 0.6266 LEVEL. And after that, if the MARKETS RISK OFF, you can definitely SELL until the NZDUSD 0.5999 LEVEL.
Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
⁉️ NZDUSD - Market AnalysisHello traders!
⁉️This is my analysis on NZDUSD .
Here we are still bearish , so I am looking only for shorts. I expect price to retrace to fill the imbalance and to reject from bearish orderblock + institutional big figure 0.62000.
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GBPUSD and NZDUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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Will the new increase (nzd/usd) be sharp?In my opinion, this currency pair is in a 5-wave downward trend.
We are currently in the middle of wave 4 and the first part of wave 4 movement has been completed. Currently, we should expect the formation of the second part of wave 4.
In the second part of the movement of wave 4, selling pressures will decrease and buyers will take over the market. As a result, the second part of the wave will be very sharp.
Be successful and profitable
⁉️ NZDUSD - Market AnalysisHello traders!
⁉️This is my analysis on NZDUSD .
Here we have almost the same scenario as on AUDUSD, we are in a bearish market structure, so I am looking only for shorts. I expect a retracement to go a little bit higher and reject from bearish orderblock + institutional big figure 0.70000.
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SHORT NZDUSD ✅✅✅Hello traders!
✅ This is my trade on NZDUSD .
Here I expect bearish price action, as price filled the imbalance and rejected from bearish orderblock + institutional big figure 0.63000. My target is imbalance around price level 0.61570.
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NZDUSD two bar reversal indication short for 0.61401st & 2nd August daily bars formed two bar reversal. 2nd August daily bar broke and close below previous daily bar low. 0.6180 preliminary support before target as 0.6140. stop loss above two bar reversal bars. from 0.6140 possible again buying opportunity.
NZDUSD possible sell zone!!NZDUSD( 4H ) is in a long-term downtrend. Price has just reversed from a monthly resistance with a head and shoulder on the 4H timeframe. On the retest of the neckline, upon price action confirmation a selling opportunity may aris
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