The NZD/USD pair lacked any strong direction on Monday and experienced mild fluctuations in the first half of the European trading session. The spot price is currently trading below the psychological level of 0.6000, although it remains within an impressive range, reaching a two-month high on Friday. The increase in US Treasury bond yields, supported by prospects...
During the first trading hours in Asia on Thursday, the NZD/USD pair is still struggling to stay below 0.5900. The US dollar (USD) has gained strength, and the higher interest rates of treasury bonds are providing some support for NZD/USD. Currently, this currency pair is trading at around 0.5928, showing a slight increase of 0.09% for the day. Conversely,...
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 2.2 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Hello dear traders! Let's explore the market with SamSon! The NZD/USD pair has been trading in negative territory for two consecutive days during the Asian trading session on Wednesday. The appreciation of this currency pair is supported by a stronger US dollar (USD) and risk aversion sentiment. Currently, this currency pair is trading near 0.5932, down 0.20% for...
Today, NZDUSD is currently trading around the price of 0.595 after facing a significant selling pressure close to the psychological resistance of 0.6000. It has formed a two vertex model on the 4 -hour chart. From Samson's personal point of view, it is likely that a short -term decrease adjustment in the short term, with the exchange rate under the trend line and...
Hello dear traders! Today NZDUSD continues to shine when it maintains its stable increase at $ 0.595. And still in the trend of increasing, constantly receiving support. In particular, New Zealand economic data seems to have better recovery than expected. The US dollar index (DXY), measuring the value of the greener compared to other main currencies, is having...
Hello dear traders! Today, NZD/USD has fluctuated in the third consecutive day in the uptrend, trading above 0,5940 in the Asian session on Wednesday. However, the couple faces pressure from the decision of the US Federal Reserve. The US dollar index (DXY) increased sharply in the US trading session on Tuesday when the market psychology worsens and the interest...
Hello traders. What do you think about NZD/USD? Today we have witnessed the next rise of this pair of money reaching 0.595 transaction and still maintained in the main trend of increasing. The next goal of this money pair 0.5898. We need to consider if this pair of money exceeds the above level, we can attract a number of buyers higher than 0.600 to reach a higher peak.
NZD/USD starts a new week with a positive sign, higher transactions around 0.5910 in the Asian session on Monday. This pair of money is receiving support for increasing interest rate decision of the US Federal Reserve (Fed) expected on Wednesday. Looking at the technical picture of NZ we can see that this pair of money is in an uptrend. So we should set higher...
Hello traders. Today, our expectations that NZD decreased lower yesterday did not come true because it was traded within 0.5895/0.5920. The motivation of going up is showing signs of formation, although only exploration. Today, as long as NZD maintains over 0.5895 (small support is 0.5910), it can be stronger, but it is difficult to break the main resistance...
FOREXCOM:NZDUSD Hello traders , here is the full multi time frame 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. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
NZD/USD reverses trend and gains momentum above 0.5920 mark following upbeat China data. China retail sales (August) increased 4.6% from 2.5% previously; Industrial production improved to 4.5% from 3.7% previously. Upbeat US data on Thursday showed the US economy remained resilient and inflation rebounded in August. In response to the data, China proxy New Zealand...
Sept #1 Risk 0.5% TP1 = 1:2 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market...
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
🤑 Hold on tight for the GBP/USD profit adventure! We're cracking the code on recent moves (1-2-3-4-5) and diving into the next big thing: correction wave excitement! Let's dive into Wave ABC and snag those gains! 💰 🔍 What's Cooking: Wave Unpacked: Let's zoom into GBP/USD moves, spilling the beans on that slick five-wave setup (12345). Get the scoop on each...
NZDUSD bears appear running out of steam after a four-week downtrend as the Kiwi pair portrays a one-month-old falling wedge bullish chart formation at the yearly low amid the oversold RSI (14) line. That said, the 10-DMA surrounding 0.6045 guards immediate recovery of the quote ahead of the key 0.6060 resistance comprising the top line of the stated wedge. In a...