Although the RBNZ didn’t disappoint, like the RBA, and announced a widely expected 0.50% rate hike, the NZDUSD pair remains mildly bid after refreshing the weekly top. In doing so, the Kiwi pair stays below a one-week-old horizontal hurdle surrounding 0.5750. With this, the odds of the quote’s pullback towards the latest swing low near 0.5680 can’t be ruled out....
#NZDUSD there is some impotent zone for trade next week
The market finally broke the previous high on 4H timeframe after a long time, can be looked on for entries at this point mentioned
After strong bearish run, Price rejected from the daily demand zone . price crossed 200Ema in 15 min TF and retested.
Coming for a retest at a previous level where it took support since it broke down the support, will act as a resistance.
NZDUSD dropped to the lowest level since May 2020 before bouncing off 0.5940 on Friday. The recovery, however, remains unattractive as the Kiwi pair stays inside a six-week-old bearish channel. Even so, the oversold RSI conditions may allow short-term buyers to aim for 0.6100-10 resistance confluence, including the 21-DMA and the stated channel’s upper line. It’s...
NZDUSD Since 07 July 2020, NZDUSD has been Trading in a range trend between 0.65356 and 0.74596. Why this matter? In 28th of April 2022 the strong support for year and months got broken, and later on it has traded for recovery from 065203 to 0.65646 however buyers lost stem to drive market again. The NZDUSD is now Trading below major resistance which has been...
Entered into the trade. First TP is the upside of downtrend. TP:0.63634 SL: 0.59567 Use proper risk management. Thank you
NZDUSD to buy when he breaks out, and if you want you can also sell from retest level.
this is the long analysis breakdown of NZDUSD have a look
NU Update There are possibility for Long and also Short. waiting for a confirmation. Use proper risk management. Thank you
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 price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
Expecting a good reaction from this untested base. Look for longs upon confirmation.
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 picks up bids inside a weekly trading range that restricts the pair’s move after it dropped below a five-week-old ascending trend line and the 200-SMA. Given the quote’s sustained trading below the previous key supports, as well as the bearish MACD signals and downbeat RSI (14), the pair is likely to witness further downside. That said, the 78.6% Fibonacci...
NZDUSD most probably makes a double bottom in daily and 4H chart. price has a good support level in both daily and 4H chart. Use proper risk management. Thank you
NZDUSD bounces off a five-week low as it extends the corrective pullback from a weekly falling channel’s support line. In doing so, the Kiwi pair also traces the oversold RSI while approaching the 61.8% Fibonacci retracement level of July-August moves, around 0.6215. The quote’s further upside, however, remains doubtful as the 200-SMA and upper line of the stated...