Update levels on NZDUSD scenario 11.12.24In this market I added levels and in general I partly reworked the entire analysis so far it looks like looking for SFP if the market finds it then it is likely that it will rebound and it will depend on how the market maintains the support if the price breaks through it then there is a long set option up if he keeps it then a short set up is quite possible.
Nzdusdanalysist
NZDUSD ( UNDER BEARISH PRESSURE ) ( 4H )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 level
RESISTANCE LEVEL : a green lines inside a gold rectangular , an area created above the turning level , the gold price area for the resistance level between 0.619 and 0.622, when it is created the price by open 4h candle above turning level
SUPPORT LEVEL : a red line , an area created below turning level , the gold price for the support level around 0.608 , buying have already increase at this level
PRICE MOVEMENT : the price is under bearish pressure until trade below turning level at 0.613 , it will attempt to reach support level at 0.608 ,then stable below this level reach 0.603 , if the breaking this level the price trying to reach a new resistance level at 0.619 and 0.622
TARGET LEVEL :
RESISTANCE LEVEL : 0.619 , 0.622
SUPPORT LEVEL : 0.608 , 0.603
NZD USD TRADE SET UP NZD USD TRADE SETUP
Since the price has broken above the bullish rectangle pattern and rested,
This tells us that the previous resistance level has become a support level which is a good sign for a bullish continuation.
Now we need to wait for candlestick patterns to form at the retest level to get the BUY signal.
NZDUSD SELLSHello traders we are looking out for NZDUSD sells movement all we wait for is for price to test back our 0.61 fib lvl which is 0.62274 area take profits lvl 0.60972 for about 133 pips and my stop loss lvl is 0.62551 , risking about 24 pips on this trade tell me what you guys think this trade
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#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. Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due to MARKET RISK ON again this week.
For that, the influence of USD was very strong. Fomc update also affected it strongly this time. And RBNZ made a 50 bps RATE HIKE. Therefore, the NZD STRENGTH is increasing very much.
- Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can continue to BUY until 0.6700 LEVEL..
Before that, 0.6160 LEVEL can be SELL.
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#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. Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due to MARKET RISK ON again this week.
For that, the influence of USD was very strong. Fomc update also affected it strongly this time. And RBNZ made a 50 bps RATE HIKE. Therefore, the NZD STRENGTH is increasing very much.
- Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can continue to BUY until 0.6700 LEVEL..
Before that, 0.6042 LEVEL can be SELL.
the NZDUSD will fall even more in the next week.I do believe that this market will have to make a correction up to the 0.620 area before going down 0.61380 and then going even more down to do price area around 0.61150.
so what do you guys think? do you agree or not ?!
pls, share with me your opinions !!
#nzdusdIn the previous analysis, we obtained the desired targets very precisely.
Now the strategy will be in the form of a range between 0.62000 and 0.65000.
In the current situation, two strategies can be considered:
1- We are on a resistance in the area of 0.63330, and if we fail to break it, we can expect to touch the range of 0.63084 - after that, we have the floor dynamic line, which we can expect to decrease to the static range of 0.62757, which itself is in The role of a resistance is important. In the next stage, 0.62406 can be expected.
2- The second scenario, if it can break the ceiling of the above fluctuation range, it can experience growth or with a more accurate expectation of fluctuation or, in other words, a side-like range up to the resistance zone of 0.64008.
The important point is that micro wave movement can move up to the ceiling of the above range and then move down.
The confirmation of the strategy is determined by the ceiling and floor of the above swing area.
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#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 to MARKET RISK ON again this week. For that, the influence of USD was very strong. Fomc update also affected it strongly this time. And RBNZ made a 75 bps RATE HIKE. Therefore, the NZD STRENGTH is increasing very much.
- Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can sell further until it reaches 0.6321 LEVEL..
After that, it can go up to 0.6703 LEVEL.
Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#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 to MARKET RISK ON again this week. For that, the influence of USD was very strong. Fomc update also affected it strongly this time. And RBNZ made a 75 bps RATE HIKE. Therefore, the NZD STRENGTH is increasing very much.
- Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can sell further until it reaches 0.6094 LEVEL..
After that, it can go up to 0.6700 LEVEL.
Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#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 to MARKET RISK ON again this week. For that, the influence of USD was very strong. Fomc update also affected it strongly this time. And RBNZ made a 75 bps RATE HIKE. Therefore, the NZD STRENGTH is increasing very much.
- Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can sell further until it reaches 0.6326 LEVEL..
After that, it can go up to 0.6703 LEVEL.
Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
NZD/USD SHORT BUY OPPUTUNITY .......
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad.
NZDUSDHello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze NZD/USD A full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
Thank You..
NZD/USD SHORT BUY OPPUTUNITY .......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
NZDUSDIn the weekly chart, it managed to break its 35-week trend line and is pullback to the trend line
If it can stabilize above the trend line, it can move the important weekly resistance once again (range 0.73943 to 0.76249)
If it can not stay above the trend line, the first support is in the range of 0.68 to 0.69720
I will wait for the type of trades next week to get the position
4H
15M
1H
NZD/USD SHORT SELL OPPUTUNITY now......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE