The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6089 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.6060 which is a level that lies underneath a pullback support. Take profit is at 0.6152 which is a pullback...
#NZDUSD UPDATE NZDUSD is making Bullish flag pattern we are waiting for breakout. Now market volume is low. After breakout we can see gain upto 100Pips+ soon. Keep in touch we will update further soon (Forex Market volume is low trade carefully we can see sudden moves)
Hello traders, I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Thank you for considering my analysis and perspective. Good luck
Preferred direction: SELL Comment: After another price fixation at the level of 1.36000, we are again considering an approach to this level through two scenarios. It should be noted that a fall below 1.36000 is not expected, so it will be very important to exit on time. The most likely scenario №1 involves a fall actually from current prices near the...
Preferred direction: BUY Comment: The bullish mood remains for the New Zealand dollar. We will most likely see growth here in the very near future. The focus is on level 0.61670 , which is expected to be broken in the very near future. However, the price is unlikely to go too high given the prevailing technical factors. Therefore, it is preferable to take...
Preferred direction: BUY Comment: The currency pair continues to trade above the level of 0.66460 , and at the beginning of this week, we maintain our buy priority for this instrument, as well as the scenario. Today, both scenarios are relevant, and until the support level of 0.66460 is broken down by sellers, the bullish mood will persist. It should be...
NZDUSD Price : 0.6103 Trend : UP Transaction : Buy Technical analysis reason : prices getting strong support from daily upward trend line and H1 support level. Technical analysis failure at level : 0.60660 Technical analysis success at level : ( Target : 0.6200 )
Hello traders, here is a setup of NZDUSD as you can see the price created a falling wedge pattern which signals a bullish reversal and the price has already broken the structure or the pattern so now I will wait for the price to pullback into the resistance zone that will act as support and look for bullish reversal patterns or candle sticks in the support zone.
As expected, the Reserve Bank of New Zealand (RBNZ) kept interest rates unchanged yesterday but did provide some surprises to the market; extending the timeline for a potential rate cut, and even noted its consideration of a rate hike. This unexpectedly hawkish stance sent the NZDUSD higher. Before the announcement, markets saw an ~80% chance of a rate cut by...
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60750 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.60750 support and resistance area. Last night the RBNZ did consider raising rates which should give a boost to the kiwi meanwhile on the other...
Hello,Traders! NZD-USD is approaching A horizontal support of 0.6078 And as the pair is in the local Uptrend we will be expecting A bullish move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The New Zealand dollar is almost unchanged on Tuesday. NZD/USD is down 0.06%, trading at 0.6102 in the European session at the time of writing. The Reserve Bank of New Zealand has shown it can be patient, having held the cash rate at 4.35% for six straight times. The central bank is expected to maintain rates yet again at Wednesday’s meeting as inflation has...
NZD-USD finally broke the Long-term falling resistance Line and the breakout is Confirmed so we are Bullish biased and I think The the pair will go higher Mid-term !
21st May DXY: Needs to break 104.40 could trade down to 104 round number support NZDUSD: Buy 0.6145 SL 20 TP 70 (RBNZ rate decision tomorrow) AUDUSD: Buy 0.6675 SL 25 TP 50 USDJPY: Sell 155.75 SL 30 TP 100 (Hesitation at 155.30) GBPUSD: On CPI release, Sell 1.2695 SL 20 TP 45 EURUSD: Buy 1.09 SL 35 TP 70 USDCHF: Sell 0.9080 SL 20 TP 40 USDCAD: Test and...
NZD/USD is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 0.5074 1st Support: 0.6038 1st Resistance: 0.6138 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
NZDUSD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 0.6125 will confirm the bullish momentum. The measured move...
Kiwi showed a robust continuation candle last week on the daily chart. The price recovered above the 0.6085 resistance level and finished the week above the 0.61 area, suggesting a potential continuation pattern unfolding in the middle of an impulsive recovery. This week, the Bank of New Zealand's interest rate decision is anticipated, and they are not expected to...
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NZDUSD pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️