A clear breakout of the Bearish Channel could indicate that price is reversing to the upside. My bias is bullish at this time and will look to go long only after price breaks through the current resistance and retests at the zone.
My Bias for NZDUSD is bearish at this time. (**Must wait for price action to further develop in order to go short**)
We expect further upside on this pair, signalled by the symmetrical triangle pattern breakout. We can also see the breakout of a trendline and key level which further supports our directional basis.
Hello Traders, Hope you all are doing good!! I expect NU to go Up from here. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence,...
A breakdown of May 12 low at 0.6182 will further drag the price toward May’s low at 0.6160 followed by April 26 low at 0.6117. The Relative Strength Index (RSI) (14) is signaling further weakness ahead.
This is for short term And this is risky too. Please DYOR before entering the trade.
Here is my view for NZDUSD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
#NZDUSD - NZDUSD has been going UP very fast in recent days. The reason for that is because the VIX is down and the strength of the dollar is decreasing. But because the MARKET RISK was ON in the previous few days, COMMODITIES also went UP very fast. Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due...
#NZDUSD - NZDUSD has been going UP very fast in recent days. The reason for that is because the VIX is down and the strength of the dollar is decreasing. But because the MARKET RISK was ON in the previous few days, COMMODITIES also went UP very fast. Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due...
#NZDUSD - NZDUSD has been going UP very fast in recent days. The reason for that is because the VIX is down and the strength of the dollar is decreasing. But because the MARKET RISK was ON in the previous few days, COMMODITIES also went UP very fast. Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due...
I am buying NzdUsd as it broke the previous resistance and re-tested it. The next stop is when it hits the trendline, once it hits the trendline, I will start looking for short opportunities. Should it fail to reach the trendline and breaks the bottom support, I will start looking for short opportunities
1: Structure analysis time frame: 4 HOURS 2: Profit target time frame: DAILY 3: Trade type: SWING 4: Entry Time Frame: H4 4.1 Entry TF Structure: BULLISH 4.2 entry move: CORRECTIVE 5: Support resistance base: H4 FAIR VALUE GAP 6: FIB: DISCOUNTED AREA 7: candle Pattern: DOJI REVERSAL 8: Chart Pattern: FLAG 9: Volume : SUPPORTIVE 10: Momentum UNCONVENTIONAL Rsi:...
NZD-USD is trading below a falling resistance But the price action is somewhat bullish So I suggest we wait for the bullish breakout And IF it happens, we can go long on pullback
Currently, the NZDUSD is sitting at the support level of 0.60362, signaling the short-term bullish move to the resistance level, of 0.60735.
- 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...
Hey Guys! Wild markets! As you guys know, I aborted the previous short entry 2 days ago for a small profit and just took a long entry several minutes ago at 0.6786 with a stop loss at 0.6774 and its main target at 0.6925. This video explains the reasoning behind this long entry as well as key trade management I plan to implement. Again, there is volatility in...
NZDUSD Buy trade opportunities NZDUSD have break short term Resistance after consolidation Here is Good point to Buy and catch 50 to 100 Pips with this setup
In this update we review the recent price action in NZDUSD and identify a high probability trading pattern and price objectives to target