Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.6653). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDUSD is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Cup and Handle Formation breakout. Follow the proper money management.
Overall, NZD/USD is ranging across. Recently, NZD/USD rejected the resistance zone of 0.67100 after the hawkish tone delivered by the U.S. FOMC. The New Zealand CPI q/q data (Actual: 1.4%, Forecast: 1.3%, Previous: 2.2%) released earlier today indicated a slowdown in the pace of inflation during the fourth quarter of 2021. NZD/USD’s next support zone is at...
Overall, NZD/USD is ranging across. Recently, NZD/USD rejected the resistance zone of 0.67100. The New Zealand CPI q/q data (Forecast: 1.3%, Previous: 2.2%) will be released tomorrow at 0545 (GMT+8). Currently, NZD/USD is testing the resistance zone of 0.67100 and the next support zone is at 0.65400. If NZD/USD rejects the resistance zone of 0.67100, look for...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.6695). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDUSD is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading is the game of Probabilities. Lot of retailers are being dragged into markets without proper understanding of RISK MANAGEMENT. It is NOT as simple as just about clicking that "Buy/sell button" I am here to share the importance of STOP LOSS and the purpose of writing this up is to share that part where maket tells you that it's above you. Irrespective of...
Hi traders NZD/USD is bearish in long term view. but short term view is bulllish. even though invalidation level brakes does not mean that it can not go up, it can. invalidation level is just for current degree. Thanks wave forecast
Overall, NZD/USD is ranging across. Recently, NZD/USD broke above the key level of 0.68 and traded into the resistance zone of 0.68400 after the release of the strong U.S. inflation data, leading to the weakening of USD. The New Zealand Building Consents data (Actual: 0.6%, Forecast: NA, Previous: -2.1% revised from -2.0%) released earlier today indicated an...
Hello traders , NZDUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe. In this symbol, waves 1, 2 and 3 have been completed and now we are inside wave 4. Wave 4 is very long in terms of time and is in normal condition in terms of Fibo. We think this wave is complex and from this complex...
Overall, NZD/USD is ranging across. Recently, NZD/USD bounced off the resistance zone of 0.68400. Currently, NZD/USD is testing to break below the key level of 0.68. Its next support zone is at 0.67100 and the next resistance zone is at 0.68400. Look for short term selling opportunities of NZD/USD.
Looking for liQuiditY at the top waiting for Reversal to H4 Swing low and then after taking buy entry and hold till liquidity sweep
Overall, NZD/USD is ranging across. Recently, NZD/USD traded into the resistance zone of 0.68400. New Zealand banks will be closed today in observance of New Year’s Day. Also, New Zealand banks will be closed tomorrow in observance of Second New Year’s Day. Expect lower trading volume and volatility during the usual New Zealand market hours. Currently, NZD/USD...
Hello traders , NZDUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe. In this currency pair, waves 1, 2 and 3 have been completed and now we are inside wave 4. Wave 4 is very long in terms of time and is in normal condition in terms of Fibo. We think this wave is complex and from this...
- NZDUSD might take out m4 pivot point (which is near RWH) till Friday + there are sooo many divergences on 15 min TF + W pattern broke out on Wed 15 min cycle for 3 days
Firmer RBNZ Inflation Expectations for Q4 propels NZDUSD towards confirming falling wedge bullish formation, extending run-up towards the 200-SMA level of 0.7070 by the press time of early Thursday. It should be noted, though, that the 38.2% Fibonacci retracement (Fibo.) of September-October upside, near 0.7085, adds to the upside filter and may probe the bulls...
It is clearly a breakout, we can easily see 70 pips profit from here .
On weekly time frame, nzdusd has break flag and pole pattern and now on daily time frame, it has retested the trendline. so we can make buy entry with risk reward ratio 1: 2 FX:NZDUSD
Nzd Usd makes a flag pattern and then breaks it. Now it has come for retest. Wait for candle confirmation and then you can make buy entry. Its a weekly flag and pole pattern.