NZDUSD ANALYSIS Market now forming an symmetrical triangle pattern structure formed, wait for the good entry at the trend line support or resistance level breakout after entering the trade
NZDUSD trade ideas
NZDUSD DAILY TECHNICAL ANALYSIS Trading Ideas-
Short positions below 0.6384 with targets at 0.5933 & 0.5819
Alternative scenario
If price sustain above 0.6384 look for 0.6569 & 0.6684 as targets.
Supports and resistances
0.5933 & 0.5819
0.6569 & 0.6684
BIG SELL IN NZDUSD : ELLIOT WAVE TREND ANALYSISFollowing the Elliot wave analysis a big selling opportunity is there in NZDUSD .
Target 1 : 0.62713 - FIB LEVEL 0.786
Target 2 : 0.62303 - FIB LEVEL 1.618
Target 3 : 0.61811 - FIB LEVEL 2.618
STOP LOSS : 0.63200
NZDUSD DAILY TECHNICAL ANALYSIS Trading Ideas-
Short positions below 0.6545 with targets at 0.6051 & 0.5914
Alternative scenario
If price sustain above 0.6545 look for 0.6771 & 0.6908 as targets.
Supports and resistances
0.6051 & 0.5914
0.6771 & 0.6908
NZDUSD Buy trade opportunitiesNZDUSD 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
💡Don't miss the great sell opportunity in NZDUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.6465).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 33.
Take Profits:
TP1= @ 0.6415
TP2= @ 0.6365
TP3= @ 0.6291
TP4= @ 0.6216
TP5= @ 0.6112
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in NZDUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.6514).
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 above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.6423
TP2= @ 0.6374
TP3= @ 0.6291
TP4= @ 0.6215
TP5= @ 0.6100
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NZDUSD DAILY TECHNICAL ANALYSIS Trading Ideas-
Short positions below 0.6492 with targets at 0.5960 & 0.5815
Alternative scenario
If price sustain above 0.6492 look for 0.6736 & 0.6884 as targets.
Supports and resistances
0.5960 & 0.5815
0.6736 & 0.6884
NZDUSD WAIT FOR BREAKOUT hello friends as you can see nzdusd chart is making bearish pennant chart pattern may be market will be go down site but you have to wait for breakout then decide any position thank you.
NZDUSD Buy trade opportunitiesNZDUSD 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‘
NZDUSDNZDUSD, looks good for sell. Analyze the chart and trade accordingly. Make a handsome profit. for details DM
NZDUSD bulls eye four-month-long hurdle past 0.6500 on RBNZNZDUSD renews a three-week high around 0.6500 after the RBNZ confirmed the widely anticipated 0.50% rate hike. The upside momentum takes clues from the early-week break out of a downward sloping trend line from the April peak and the 20-DMA, around 0.6385-80. Also keeping the bulls hopeful is the RSI (14) conditions, firmer but not overbought.
That said, a horizontal area comprising levels marked since late January, around 0.6540, appears a tough nut to crack for the pair buyers. In a case where the quote rises past 0.6540, the upward trajectory towards the 50-DMA level surrounding 0.6660 can’t be ruled out.
Meanwhile, a downside break of 0.6380 could direct NZDUSD sellers towards 0.6290-85 intermediate support ahead of highlighting the monthly low of 0.6210 on the bear’s radar.
Overall, NZDUSD buyers are ready for further upside but multiple levels stand tall to test the north-run.
NZDUSDNZDUSD make inverse head and shoulder pattern makes it bullish or reversal pattern and now it breaks neckline
NZDUSD Daily Technical Analysisrading Ideas-
Short positions below 0.6545 with targets at 0.6046 & 0.5915
Alternative scenario
If price sustain above 0.6545 look for 0.6761 & 0.6893 as targets.
Supports and resistances
0.6046 & 0.5915
0.6761 & 0.6893
NZDUSD Buy trade opportunities 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 "
NZDUSD Daily Technical AnalysisTrading Ideas-
Short positions below 0.6510 with targets at 0.6044 & 0.5926
Alternative scenario
If price sustain above 0.6510 look for 0.6708 & 0.6830 as targets.
Supports and resistances
0.6044 & 0.5926
0.6708 & 0.6830
NZDUSD Daily Technical AnalysisTrading Ideas-
Short positions below 0.6510 with targets at 0.6044 & 0.5926
Alternative scenario
If price sustain above 0.6510 look for 0.6708 & 0.6830 as targets.
Supports and resistances
0.6044 & 0.5926
0.6708 & 0.6830
💡Don't miss the great buy opportunity in NZDUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.646).
. 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 resistance.
. The RSI is at 51
Take Profits:
TP1= @ 0.652
TP2= @ 0.656
TP3= @ 0.658
TP4= @ 0.664
TP5= @ 0.669
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NZDUSD short analysisi found a double top pattern in nzdusd pair and its already stated the down trend also so we can expect some drops
NZDUSD - in sell directionNzdusd strong supply zone looks marking weaker as USD taking benefit - Short this week!
