NZDCAD BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity NZDCAD
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NZD
NZDCHF BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity NZDCHF
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
NZDUSD: Support breach, down to 0.56?Looking for a further decline is this cross over the week.
We have seen continued NZD weakness over the past few days, with no fundamentals of note for this currency in the week.
Even though I'm noticing USD slow-down, and a likely retracement due to the over-extended current uptrend, I still think this pair will fall as the USD will remain stronger than the USD.
Support seems to have been broken, but I'm monitoring closely as we may retest after an initial drop from here.
My target will be 0.56 as this is the next significant support below this point and we ['re still some way off an ATL.
NZDJPY: Bearish Scenario is much more probable!Hello traders.
There are 2 scenarios available for the pair!
Bullish one: after breaking the trend line and 87.70 a buy order will be set around 87.40 . TPs are 88.60 and 89.75 .
Bearish one: After breaking below the 86.75 a short order will be set around 87.10 or 87.00.
TPs will be around 85.20 and 83.70 .
NZDUSD to find sellers at 38.2% pullback?NZDUSD - 24h expiry
We have a 38.2% Fibonacci pullback level of 0.5907 from 0.6055 to 0.5815.
The primary trend remains bearish.
Preferred trade is to sell into rallies.
Prices have reacted from 0.5815.
We look for a temporary move higher.
50 4hour EMA is at 0.5913.
We look to Sell at 0.5907 (stop at 0.5933)
Our profit targets will be 0.5842 and 0.5822
Resistance: 0.5880 / 0.5900 / 0.5930
Support: 0.5830 / 0.5815 / 0.5800
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
nzd/chf Week's LOW
Last week's low was not breached! However, it bounced back impressively! The previous week's high is quite far, almost halfway for potential trading! Let's use a tight stop because we are anticipating a bounce from the weekly low! It attempted several times to break below but couldn't sustain, and it bounced back nicely! Let's see if it will go higher!
NZDUSD to turnaround?NZDUSD - 24h expiry
The selloff is close to a correction count on the intraday chart.
We expect a reversal in this move.
Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.5900 will confirm the bullish momentum.
We look to Buy at 0.5875 (stop at 0.5843)
Our profit targets will be 0.5955 and 0.5975
Resistance: 0.5900 / 0.5925 / 0.5950
Support: 0.5875 / 0.5860 / 0.5840
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
NZDCHF Potential DownsidesHey Traders, in today's trading session we are monitoring NZDCHF for a selling opportunity around 0.53250 zone, NZDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.53250 support and resistance area.
Trade safe, Joe.
NZDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59300 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59300 support and resistance area.
Trade safe, Joe.
AUDNZD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDNZD for a selling opportunity around 1.07300 zone, AUDNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.07300 support and resistance area.
Trade safe, Joe.
NZDCAD Potential DownsidesHey Traders, in the coming week we are monitoring NZDCAD for a selling opportunity around 0.80600 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more lows.
Trade safe, Joe.
NZD/CHF 4HWhoops! Let's wait a bit on this. But this looks promising :) The CHF pairs have been all over the place lately; it's challenging to determine the exact direction. I've been keeping an eye on it for a few days, and I think this could be it! Take a look at my gold trades too! Go for it, but be cautious!
NZD/USD Targets for Election NightFancy selling into uncertainty? This could be a scenario for the NZD/USD in the lead up to the election in New Zealand which is way too close to call for either major political party right now (Labour vs National). Voting has been open all week and closes October 14, with the winner called the same day (but after the close of this trading week).
Polls have the right leaning National party carving out a small lead at the moment, but some hiccups have seen this lead shrink in the past week (e.g., The were caught knowingly lying about amount the average person would receive from their promised tax cuts)
National has also promised to remove the Reserve Bank of New Zealand's mandate to consider employment in its interest rate decisions, which could shift the central bank to a more dovish bias (as current strong employment figures in NZ are perhaps heightening its proclivity to hike). Combine this with the general uncertainty induced by the election, and some downside targets for the NZD/USD could be charted in anticipation for election night and the Monday following the results.
The recent touch point for the 0.5861 is the most obvious target that the pair will have to overcome if it wants to seek lower targets. This would also open up new 2023 lows, with 2022 benchmarks helping set possible targets.
NZDCAD - Strong Resistance Ahead 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), we were looking for buy setups around the lower purple circle as it is the intersection of a horizontal support and lower red trendline.
Since then, NZDCAD has been trading higher and now approaching the upper trendline of the channel.
Moreover, the 0.825 is a strong resistance.
🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper red trendline.
As per my trading style:
As NZDCAD approaches the upper purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDCHF Sell near the 1D MA200The NZDCHF pair has been trading within a Falling Wedge pattern since the March 28 2022 High. As you can see the two so far corrective waves have followed a similar Lower Lows structure.
The price is currently on the bullish leg to the Lower Highs trend-line, supported by both the 1D MA100 (green trend-line) and the 1D MA50 (blue trend-line). The 1D MACD Bearish Cross that is about to be completed calls for a sell preparation, as every Bearish Cross above the 0.0 level since March 2022 has been a sell signal. The closer the price gets to the 1D MA200 (orange trend-line), the more efficient the sell entry will be. We will target a projected 1D MA50 contact at 0.53500.
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nzdusd selling idea?AUD/USD and NZD/USD rally on Monday, bolstered by broad-based U.S. dollar weakness
The greenback’s pullback appears to be driven by profit-taking after a strong bullish run since mid-July
Looking ahead, the U.S. inflation report for August, to be released on Wednesday, will be the main focus of the currency markets
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!