#NZDUSD weekly bias looks bullish. The buyer’s price of interests are 0.6775, 0.6756, 0.6687
The possible targets are 0.6887, 0.7025
These analysis are based on the current market swing and we update our views based on the upcoming future swings
LET the candle reverse at the key level as shown . wait for the conformation .if bearish then go for sale if it breaksout then take the sell when it hits the trend line above.
Trade at your own risk :)
NZDUSD is in good point to move downward from here and if the war news not shift the market then we can aspect nzdusd to get bearish and hit our target of 140 pips
#NZDUSD monthly bias looks bearish. The seller’s price of interests are 0.6741, 0.6792
The possible targets are 0.6660, 0.6569
These analysis are based on the current market swing and we update our views based on the upcoming future swings
#NZDUSD monthly bias looks bearish. The seller’s price of interests are 0.6788, 0.6798
The possible targets are 0.6607, 0.6547
These analysis are based on the current market swing and we update our views based on the upcoming future swings
#NZDUSD weekly bias looks bearish. The seller’s price of interests are 0.6677, 0.6716
The possible targets are 0.6607, 0.6547
These analysis are based on the current market swing and we update our views based on the upcoming future swings
Overall, NZD/USD is trending downwards. Recently, NZD/USD bounced off the resistance zone of 0.67100.
The New Zealand Inflation Expectations q/q data (Actual: 3.27%, Forecast: NA, Previous: 2.96%) released last Friday indicated a higher level of inflation expectation from the Reserve Bank of New Zealand.
NZD/USD’s next support zone is at 0.65400 and the next...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6662).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
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...
#NZDUSD weekly bias looks bullish. The buyer’s price of interests are 0.6578, 0.6547
The possible targets are 0.6685, 0.6715
These analysis are based on the current market swing and we update our views based on the upcoming future swings
