U.S. Dollar / New Zealand Dollar
🏃 AUDUSD is moving near the 🔴 Resistance zone($0.598-$0.593) 🔴 and managed to break the Support lines . 📈From the point of view of Classical Technical Analysis , it seems that AUDUSD has succeeded in forming a Head and Shoulders Pattern . 🔔I expect AUDUSD to fall at least to the 🎯 Target 🎯 I have specified on the chart. New Zealand Dollar/U.S.Dollar...
FX:NZDUSD bounces and strengthens towards MA-200 and resistance of the current trend on H1 against the backdrop of the dollar index correction. On D1 the medium-term outlook is clear. There are no prerequisites for the change of the global trend and most likely the fall after the resistance retest may continue. The dollar also at the moment does not give...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59400 support and resistance area. Trade safe, Joe.
OANDA:NZDUSD It seems that the NZD has found support and is ready to rise again. I will be targeting the level of the last high. This should be a moderately risky trade with a tight stop.
Hello,Friends! NZD/USD is making a bearish pullback on the 2H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 0.595 level. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: BUY Comment: Before the Fed meeting on major currency pairs, a rather uncertain situation has developed, and the best option will most likely be to refrain from trades and make a decision on entry after the interest rate decision. However, the most likely scenario is in favor of buyers. At the moment, the best option would be to look for...
✅NZD_USD went down just As we predicted and is About to retest a horizontal Resistance level of 0.586 From where we will Be expecting a local Bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Preferred direction: BUY Comment: The outlook for the New Zealand dollar is the same as for the Australian dollar . In both cases, we are likely to see new local highs, but growth is limited, in the case of NZDUSD this is the level of 0.59857 . We are considering two options for the development of events. The most likely scenario is №1 , and scenario...
NZD/USD is rising toward a resistance level, which is a pullback resistance that aligns with the 61.8% Fibonacci projection and could reverse from this level to our take profit. Entry: 0.60067 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci projection. Stop loss: 0.60455 Why we like it: There is a pullback resistance...
Why has the US dollar sunk in the lead up to the FOMC decision? Bloomberg Economics says “We expect Powell to make a hawkish pivot” regarding the FOMC’s decision this Wednesday. Expectations for rate reductions have been pushed further into 2024. So, why is the US dollar underperforming to start this week? And does this open up an even more attractive entry...
Hi Everyone.. in 1hr we got head and shoulder so we place a entry in right shoulder top and also its near 50% fibo in 4hr.. but we doesn't get day sell confirmation may this current swing confirms the day sell... we got the day then this H&D will be SWING Entry... already price took our entry...FLOLLOW THE CHART... i will update the future setup in comments...
Here is our detailed technical review for NZDUSD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.588. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.591 level soon. P.S Overbought describes a period of...
the current trend is a down trendline and the price is moving in nice decent waves. if we do a back test you would see that the price will soon hit a strong area of resistance. we should be ready with a sell trade around this area that happens to be the 61% fib level.
Completion of abcd pattern imminent, then likely sweep of liquidity and reverse
NZDUSD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short NZDUSD Entry - 0.5963 Sl - 0.5995 Tp - 0.5905 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . NZDUSD long ! Great BUY opportunity. I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be...
NZDUSD has done a breakout and retracement on the daily timeframe. Here we witness a major demand zone where we may have a possibility of revisiting the level one more time.
The Kiwi (NZD/USD) is rising towards the pivot and could potentially stall around this region before reversing to drop towards the 1st support. Pivot: 0.5974 1st Support: 0.5870 1st Resistance: 0.6059 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...