SELL Signal – NZD/USD - Targeting 226 PipsEntry: 0.5764
TP: 0.5538
SL: 0.5889
Risk/Reward: 2.32
Reasoning:
Monetary Divergence: The RBNZ has paused rate hikes, weakening NZD appeal, while USD strength is supported by higher U.S. Treasury yields and reduced Fed rate-cut expectations.
Economic Weakness: New Zealand faces slowing growth, a weak housing market, and reduced demand from China.
Bearish Momentum: NZD/USD recently broke two long-term support levels, suggesting further downside toward the 0.5538 demand zone.
Strong USD: Global monetary easing (e.g., Switzerland, Canada, ECB) and policy concerns are bolstering the USD, further pressuring NZD.
Nazusd
NZDUSD: 1H analysisHi guys
I hope you have used the previous analyzes correctly and have benefited
In the nzdusd chart we can see a descending channel where the price shows significant reactions after hitting the ceiling and floor. Now the price is at the ceiling of this channel. 0.6164 resistance is also seen in the same area. We expect the price to move to the following ranges after hitting this area and being rejected:
tp1: 0612
tp2: 0.609
tp3: 0.6068
In case of strong crossing of 0.6164 resistance, this analysis is invalid.
NZDUSD Best Setup Time to divorce GOLD 1 Structure 1/2 : bullish to sideways down
2 imbalances :target marked
3 Current Move 3: impulse
4 Entry TF : D1
4.1 ETF Structure: Bearish
4.2 move : Correction CIP
5 CIP
6 FIB: strong rejection at 50 almost done
7 candle Pattern: Up Momentum but not able to break resistance
8 Chart Pattern: Falling wedge REsistence
9 Volume : Very high on reversal
10 Momentum: Bearish to side ways
11 Volatility : Somewhere bullish
12 strength: curve bearish in bearish
13 Sentiment : weakest in commodities driven
14 Final conclusion: for refine your entry you also need to switch your tf in d1 to h4
15 Buy /Sell/Wait : Sell
16 Entry: 0.6225
17 Sl: 0.6255
18 Tp: 0.5856
19 Risk to reward Ratio: 1:17
Excepted Duration : 15days
Watchlist for the day & trades taken so farHey good morning from gloomy Limassol!
In this short video you will see my watchlist and the trades taken so far this week and today!
The trades taken are mainly forex pairs but I do have an indicie that I bought (Dax) and im looking at gold (xauusd) for a possible buy!
Anyway you'll find everything you need in the video!
NZDUSD long- touching strong daily support/resistance line.
- touching daily up trend line.
- huge fall.
- touching lower band of bolinger bands
- near 0.618 fibo retracement.
- RSI around 21
it's time for a correction. let's long.
first target: previous support at 0.7033
final target : previous high and weekly trend line (change of polarity) at 0.7230
enjoy my friends:)
fekrebozorg.ir