Hello Everyone As Per Price Action NZDUSD At Support Area .
If Price Hold This Area Then We can See Good Upside Movement
Breakdown Below 0.63000 down trend Start ..
Trade With Your Risk management.
Reserve Bank Of New Zealand
Interest rate decision:
The Consumer Price Index CPI rose by 7.2% in September 2022, it's fall from August's print but still higher than experts thought which the consensus is 6.5.
Economists expect the Reserve Bank of New Zealand to lift the cash rate by a record 75bps while money markets wager a roughly 65% probability for the...
NZDUSD Buy trade opportunities
NZDUSD it's recently closed above the short-term resistance line its a good opportunity to take a long to the next resistance as we mark in the chart
Always Use Stop Loss
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.5575).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6185).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
NZDUSD Buy trade opportunities
It has recently broken the Resistance trendline and closed above its a good opportunity for a long with very good risk-reward target point also mention in the chart
‘Always trade with Stop Loss
NZDUSD Buy trade opportunity
NZDUSD has been re-test the support line with a very Strong Bullish Pinbar candle and it has also made a Head and Shoulder Pattern. it is very good opportunity to take a long trade
‘Always trade with Stop Loss‘
NZDUSD Buy trade opportunities
NZUSD Buy trade opportunities It has broken the Resistance trendline and closed above its a good opportunity for a long with very good risk-reward
‘Always trade with Stop Loss "
As usual its created fakeout.
Wait for price come to buy zone then Enter
Use minimal stoploss to avoid huge loss.
Before entering the trade do your own research.
Its creating Bullish flag pattern.
Seasonality started for NZDUSD to move uptrend.
It may create some fakeout be aware of stoploss Hunt.
Wait for price come buy zone then Enter .
Use minimal stoploss to avoid huge loss.
Before entering the trade do your own research.
NZD/USD higher after the larger than expected interest rate hike from the RBNZ
Reserve Bank of New Zealand raised its cash rate by 0.5% vs. the 0.25% consensus expectation
says will remain focused on ensuring that current high consumer price inflation does not become embedded into longer-term inflation expectations.
monetary tightening brought forward
remained...
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...
- 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
