The NZDUSD pair gave us last time (June 26, see chart below) a solid sell signal, even though the Target just fell short of being hit: The price is giving yet again a sell signal as not only it fulfilled the 0.786 Fibonacci retracement level and got rejected but also the 1D RSI hit and got rejected exactly on the 70.00 overbought barrier, which is where all...
NZD-USD is trading in A downtrend and made a Nice rebound but is Now retesting the Falling resistance From where a move Down is likely !
The NZD/USD pair is trading around 0.60914. The price is currently below both the 100-period and 200-period moving averages, indicating a bearish trend. There is a significant support zone around 0.60313 to 0.59926. This zone had previously acted as a support but has been broken and retested, indicating a potential shift to resistance. Immediate resistance is...
NZDUSD HELLO TRADERS Tendency the price closer a resistance trendline before falling , indicating the price is under bearish pressure TURNING LEVEL : a blue line a round 0.613, which indicates two cases , the first cases until the price trade below 0.613 reach a support level , the second case the price breaking 0.613 , the price reach a resistance...
The NZDUSD pair has been trading within a Channel Down on the 1D time-frame since the February 02 2023 High. The price almost reached the 0.786 Fibonacci retracement level, which has formed both previous Lower Highs. As the pair completed a 1D Golden Cross today, traders might immediately think that this is a bullish signal, as theory suggests but in the past 18...
The rebound we expected on NZDUSD came a little later than we expected two months ago (March 22, see chart below) but nonetheless it is being delivered now and the price is now very close to our medium-term target: Since we observe though a shift on the Lower Highs trend-line of the long-term Channel Down, we decide to push the Target higher to 0.62600, which...
The NZDUSD pair easily broke above the former Channel Down on our last buy signal (October 27 2023, see chart below) and then went on a slow long-term retrace: The restructured pattern is close to forming a Death Cross on the 1D time-frame, which would be the first since July 06 2023, a formation that turned out to be a buy signal. As the 1D RSI broke below...
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...
Recently, I highlighted a potential reversal for NZD/USD on a few occasions. This anticipation was based on two primary factors: firstly, the occurrence of a false break, and secondly, the emergence of a notably large bullish engulfing pattern in mid-November. As predicted, the pair successfully surpassed the 0.60 figure and the horizontal level at 0.6050,...
The NZDUSD pair has gone a long way since the previous successful buy signal we gave (see chart below): The Channel Down shifted higher but the price is once again found on its bottom (Lower Lows trend-line) giving us a new high probability buy opportunity. On top of that, it appears to be repeating the May 31 bottom as the RSI is on an identical sequence....
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
The NZDUSD pair has been trading within a 8-month Channel Down since February and right now is staging the new rebound on its bottom (Lower Lows trend-line). The 1D RSI has been rebounding from the oversold zone on Higher Lows, while the candle action has been on Lower Lows, displaying a strong Bullish Divergence. As a result, we have the ideal signals to go long...
NZDUSD is bearish. The price has just retraced to a major falling trend line. A bearish movement will most likely initiate from that. Our confirmation is a descending triangle formation on 1H time frame and its neckline breakout. I expect a bearish movement to 0.593 support.
It's been more than 2 months since we last gave an NZDUSD signal (see chart below), a buy call that hit straight into our 0.62750 target: The price broke yesterday below Support 1 (0.59845) and today almost touched the bottom of the latest Channel Down pattern. With the 1D RSI almost on the 30.00 oversold barrier, this is a strong buy opportunity for a...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
The NZDUSD pair hit our upside target (see chart below) on our last analysis more than a month ago and then started to pull-back: That pull-back was the bearish leg of the long-term Channel Down, which has so far been the dominant pattern of 2023. Today is the 2nd straight green 1D candle since the price came close to the bottom of the Channel Down so the R/R...
The NZDUSD pair is trading within a Channel Down pattern, having just broken below the 1D MA200 (orange trend-line). The short-term Resistance is the 1D MA50 (blue trend-line). The key here is the 0.60850 Support. As long as it holds, expect a rise back to the top of the Channel Down, with our target being at 0.63000. A closing below the 0.60850 Support, will be a...
It has been almost two months since we looked into the NZDUSD pair. Last time the 1D MA200 (orange trend-line) helped us accurately take a bottom buy and then sell near the expected top: Right now we are booking the profit on the sell as a new short-term pattern has emerged. The price is approaching the bottom of the Channel Up since the December 13 High....