Nzdusdanalysis
NzdUsd- Bottom in placeLast week, NzdUsd has broken under important 0.62 support. However, the pair lacked continuation and has blocked and formed new strong support above 0.61.
Friday's candle is a Pin Bar exactly from this support which can be the signal for reversal.
Confirmation for reversal comes with a break back above 0.62 and, in such a case, NzdUsd can continue its ascent to important 0.64 zone resistance.
I'm bullish as long as last week's low is intact
NZDUSD – Classic breakout-pullback setup for the week of 04 JulyPreceding trend – bearish
Current price action – Pullback to a major level
My chart shows exactly what I am seeing and anticipating. Note that a recent breakout-pullback on the bullish side recently worked out well too. I will be looking for an entry on H1 time frame.
We can have a large target here, as the next major support I can see is way down to 0.5920. I intend to place my initial target at 2R and then look to extend it if price action shows me that we have good momentum with the bears.
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Nzdusd---FAKEOUT or BREAKOUT??????NEITHER!.
Am not going to try to PREDICT where the market will go, only GOD can do that.
Am just going to wait for price to choose a direction and REACT to that.....
Am seeing that the fakeout option offers a high RR of 1:4, so am praying for that direction as I get to make more money.
Targets and stop on the chart, if am wrong I lose 1R, if am right I get 4R, and there is a 50:50 chance......so worth the risk!.
Like & Subscribe..... Let's SWING it, guys....
NZDUSD Sell opportunityThe pair broke below a key level and now we see a retest of the broken structure and the falling trendline. I expect the market to fall. I am considering of going short on this pair with two targets, 0.60799 and 0.59436, stop loss at 0.63078
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💵New Zealand Dollar/U.S.Dollar💵(Short term/Timeframe 8H)!New Zealand Dollar made a Bullish Engulfing Pattern ( Candlestick Pattern ) near the Heavy Support Zone , and I expect that it will go UP at least to the Important Resistance Line .
Also, we can see Regular Divergence ( RD+ ) between the Price and MACD indicator.
🔅 New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ) Timeframe 8H ⏰
🟢 Heavy Support Zone 🟢: 0.614$ until 0.59$
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AUDUSD and NZDUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NZD pairs top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS - NZDUSD is currently DOWN very fast. This is because of the VIX UP and the strength of the dollar.
- Thus COMMODITIES are DOWN. It also has a very strong impact on the NZD. The CURRENCY STRENGTH WEAK CURRENCY is the New Zealand Dollar.
- NZDUSD can move further up to 0.6185 LEVEL. Also, if the MARKETS RISK is ON after that, you can definitely BREAK the TREND LINE above NZDUSD and BUY up to 0.6571 LEVEL.
NZDUSD Acccumulation for long 0.6440#nzdusd, two bar reversal formed on 14th & 15th daily bars. 16th June strong insurance bar dictation for higher prices ahead. Last six daily bars did not breach 16th June bar high or low, mean price building energy to burst one side. Need to break triangle pattern either up or down side. if price comes down then better opportunity to take long with cheaper prices. my view bullish for target 0.6440.