see a waves within wves structure, lower time frame it showing a small potential up move then a last move to the downside in a short time frame to make the structure clearly for a potential upmove.
RBNZ leads the developed-world central banks with a 0.25% rate hike on Wednesday but couldn’t lift the NZDUSD prices. The reason can be linked to the broad US dollar strength amid risk-off mood and firmer Treasury yields. Technically, the Kiwi pair’s failures to cross the 10-DMA hurdle joined the bearish MACD signals and downward sloping RSI line to weigh on the...
we have got extended move to the downside, + we have even achieved 3x ADR + 3(psychological no.) pushes to the downside market makers have formed sweet W which tells we are going mark up phase
NZDUSD Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
NZDUSD refreshed monthly low, before bouncing off 50-DMA during the four-day downtrend. Not only the short-term moving average but 38.2% Fibonacci retracement of the May-August decline also challenges the pair sellers around the 0.7000 threshold. Should the quote drops below the 0.7000 mark, 23.6% Fibonacci retracement level of 0.6920 and July lows near 0.6880 can...
Last week we identified the head and shoulder pattern and we were anticipating XXXUSD shorts which played out well. We are still looking for further strength from USD. Looking for the completion of the right shoulder this week. Correlate this chart with the USD pairs and try and get and entry for the XXXUSD shorts. Goodluck and trade safe!
Setup of the last video on NZDUSD. A big bullish candle has been formed, it might not trigger the order and continue to follow the trend :(
nzd usd bottom head soulder formed safe with trade more than impact news ,key level in chart
A detailed technical analysis of NZDUSD (didn't use advanced technical tools). NZUSD is currently near a major resistance line, forming a double top near it, a double confirmation for its fall. But if it breaks the resistance, it may become a major support line. On the daily timeframe, NZDUSD gave a nice pullback, confirming its fall.
It retest her old supplyzone also creates and shooting star candle from supply zone.
NZD/USD takes an support from old demand zone after channel breakout and started moving in up direction.
nzdusd has showing channel setup on daily timeframe, now here market taking support on lower daily timeframe, we can also see the buyes setup as the market has making range in h4, the range is almost broken and we can see for retracement and entry..
It break her channel as well as touches her support two times which makes double bottom. So, it shows bullish trend wait and watch.
Although RBNZ Governor Adrian Orr could pull the NZDUSD prices back from a yearly low, not to forget mentioning the two-month-old support line, the New Zealand central bank’s refrain from a widely anticipated rate hike keeps the kiwi pair sellers hopeful. Also favoring the NZDUSD bears is the sustained downside break of 200-SMA and the previous support line from...
NZDUSD Long Risk/Reward: 1:3 Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
WAIT AND WATCH FOR A GOOD ENTRY... When PRICE ZONE 1 comes near then maybe touch PRICE ZONE 2 too. ENTRY PRICE:- If there is PRICE CLOSE above ZONE 1 then we will take the entry
NZDUSD Long R/R: 1:4 Feel free to share your opinions in the comment!
With the firmer Q2 jobs report, the RBNZ is all set to become the first developed nation central bank to announce a rate hike in 2021. The bullish consensus spread like a wildfire among the top-tier banks following the data, fueling the NZDUSD prices beyond a key hurdle from mid-June, which in turn confirmed a bullish formation suggesting a theoretical jump...