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Newzealanddollar

NZDUSD Channel Up trading with 1D MA200 in focus.It has been almost two months since we looked into the NZDUSD pair. Last time the 1D MA200 (orange trend-line) helped us accurately take a bottom buy and then sell near the expected top: Right now we are booking the profit on the sell as a new short-term pattern has emerged. The price is approaching the bottom of the Channel Up since the December 13 High. The 1D MA200 is right below it, ready to support. Our plan is to buy near the bottom and target the 0.65340 High. If the price closes a 1D candle below the 1D MA200, then we will sell and target primarily the 0.5 Fibonacci (0.60300) and under conditions which we will analyze when the time comes, the 0.618 Fib (0.59100). We are only willing to buy for the long-term if the price breaks above the Megaphone's Lower Highs. Whatever the pattern turns out to be, the most efficient medium-term buy will be when the 1D RSI dips below the oversold barrier (24.00). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
4
NZDUSD Making A Corrective SetbackNZDUSD turned bullish as expected after we spotted a completed five-wave bearish cycle within wave C back in October 2022. Notice that the recent rise is much more extended and clearly made by five waves up without overlaps up from the 2022 lows, so it's an impulse; a change in trend that will send prices even higher in 2023. However, nothing moves in straight lines. We know that after every five waves, a three-wave correction occurs which can be underway as an irregular/expanded flat correction, currently with subwave (B) in progress, which is looking to overlap up from 0.6183. In fact, there is a nice sell-off from last week, a clear impulse that puts wave (C) now in play. Ideal support is at 0.6080-0.6160.
by ew-forecast
1
NZDCAD High probability short when the 1D MA100 breaksNZDCAD has turned sideways within a Triangle pattern in the past 30 days, showing the first signs of exhaustion on the incredible rally since October 11 2022. We don't recommend buying this pair anymore but instead we can short with high probabilities of success when the 1D MA100 (green trend-line) breaks. As you see on this chart, since 2015 every time the price broke below the 1D MA100 following a rally of similar magnitude, it always dropped significantly. This is our sell break-out signal. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
GBPNZD Best long-term signal you'll getThe GBPNZD pair hit the bottom of the Triangle pattern it has been trading in since early 2019. This has been done staight after a 1D Death Cross (when the blue 1D MA50 crosses below the orange 1D MA200). This is quite similar to the October 2018 - August 2019 fractal. A new Golden Cross will confirm the currently strong long-term buy signal. See how they both ae under near perfect symmetry. The first Lower High hit the 0.786 Fibonacci and got rejected. Our long-term target is 2.000, just below the top of the Triangle. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
💵Canadian Dollar/New Zealand Dollar💵Analyze (01/09/2023)!!!The Canadian Dollar/New Zealand Dollar was able to break the uptrend line. Also, we can see Regular Divergence (RD-) between RSI Indicator and Price.👇 I expect the Canadian Dollar/New Zealand Dollar will go down to my 🎯targets🎯. 🔅Canadian Dollar/New Zealand Dollar Analyze ( CADNZD ) 4H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
2
AUDNZD Sell below the 1D MA200, buy above it.We will keep following a successful for us pattern on the AUDNZD pair, which two months ago helped us take a huge sell: As you see on the chart above, as the price was failing to break the 1D MA50 (blue trend-line), it got strongly sold just below 1.05000. The past 3 weeks, the pair has been rallying back above the 1D MA50 and is approaching the 1D MA200 (orange trend-line). Using the old 2021 fractal, we expect a pull-back to at least 1.06270 as long as the price fails on the 0.5 Fibonacci and 1D MA200 Resistance Zone. A closing above it though, would be a long-term buy, in which case a Bullish Cross on the 1W time-frame would confirm. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
NZDJPY Clear break-out levels to trade.The NZDJPY pair has been trading below (closing 1D candles) the 1D MA200 (orange trend-line) for nearly a month (since December 20), being supported at the same time by a (dotted) Higher Lows trend-line that started on the May 12 Low. A 1D Death Cross may be potentially formed as the 1D MA50 (blue trend-line) is closing in on the 1D MA200, which adds more weight to the bearish side but we think it is best to trade this based on the clear break-out levels that this pattern (which we've been using with great results since last year) gives. We are willing to buy for the short-term only upon a 1D candle close above the 1D MA200 and target the bottom of the Resistance Zone. Further break above the top of the Resistance Zone is a buy opportunity on the long-term and we will update upon potential targets then. Similarly, we are willing to sell only if a 1D candle closes below the 80.600 Support and target the top of the Higher Lows Zone (started on August 19 2021). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
3
🥝 NZD/USD Ready For Declines? 🥝🥝 NZD/USD Ready For Declines? 🥝 Nearest strong support zone: around the cluster of two fibo levels 0.236 of the entire upward wave and 0.236 of the entire downward correction. 🥝 Nearest strong resistance zone: the 0.618 level of the entire downward correction. 🥝 Technical environment: - Moving averages: Uptrened - MACD: 50/50 - RSI: Uptrend - Supertrend: Uptrend 🥝 Price action: NZD/USD Very quickly resumed to continue its medium-term downtrend just after the US CPI inflation data (6.5%). For a moment it broke through the 0.618 level but currently already turning back lower, it looks like today could be the beginning of a continuation of the downtrend. On most pairs with the dollar we can see a slow return of strength of the dollar, I am very curious to see how big the range of the downward wave will be. I set the target level near the 0.382 level of the entire upward wave. 🥝 The scenario I am playing out is the start of declines that will continue over the next few days. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🥝 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Short
by InvestMate
6
💵Australian Dollar/New Zealand Dollar 💵Analyze (01/10/2023)!!!Australian Dollar/New Zealand Dollar was able to break the support zone, and we are watching a pullback to this zone. I expect Australian Dollar/New Zealand Dollar will go down at least to the next support zone. 🔅Australian Dollar/New Zealand Dollar ( AUDNZD ) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
8
🥝 NZD/USD Buyers' Strength 🥝🥝 NZD/USD Buyers' Strength. 🥝 Nearest strong support zone: the area around the last bottom of the downward correction. 🥝 Nearest strong resistance zone: around the last peak of the upward wave. 🥝 Technical environment: - Moving averages: Uptrened - MACD: Downtrend - RSI: Uptrend - Supertrend: Uptrend 🥝 Price action: NZD/USD nicely showed strength during the last session on Friday last week. It is apparent that the bulls are not letting up and the trend of a weakening dollar is still present in the market. The New Zealand dollar has plenty of space to rise from current price levels, looking at the size of the upward candle and the correlation with other major dollar pairs. My impression is that the first significant resistance will be around the recent highs. The most important question the market is asking at this point is "is this the end of the downward correction on this pair". 🥝 The scenario I am playing out is a continuation of the increases to the vicinity of the recent peaks. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Long
by InvestMate
11
💵Australian Dollar/New Zealand Dollar 💵Analyze (12/23/2022)!!!After the Australian Dollar/New Zealand Dollar was able to break out of its descending channel, it has taken an upward trend. This upward trend can go up to the zones I marked in the chart. Currently, the Australian Dollar/New Zealand Dollar has broken the resistance zone and pulled back and is growing towards my targets. 🔅Australian Dollar/New Zealand Dollar ( AUDNZD ) Timeframe 4H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
6
EURNZD For the Upcoming DaysAfter setting Fib retracement here are the results: - Fib retracement and Extension we can conclude the there is a hard area to break and the trend is more likely to end begin rallying down for a reversal. - A major Resistance level is set on 1.69686 level and is so hard to break from the recent till down as shown the candlesticks have a bearish indicated wicks and a bearish pinbar candle was formed. According to Tech Analysis: - RSI still on 58 level - MACD still needs time to indicate for a downtrend Reminder: it may not be the right time to sell in the mean time, but just needs few days or maybe a week to show a 100% bearish confirmation and go short. That was a quick look for my idea about my idea. So bears, get ready.
Short
by JawadShoukeir
1
NZDUSD Still bullish testing the 1D MA200.The NZDUSD pair has been on a tremendous rise since the October 13 Low. That was a Lower Lows on the long-term Bearish Megaphone pattern that goes back to the October 21 2021 High. At the moment, the price hit (and so far holding) the 1D MA200 (orange trend-line) that hasn't been a Support since April and the last Lower High of the Megaphone. The 1D RSI has pulled-back to neutral levels but this is exactly what took place on March 14, when the price held the 1D MA50 (blue trend-line) as Support and rebounded to price the last High on the red Zone. Technically, as long as the 1D MA50 is holding, we expect a High around 0.6600. A break below the 1D MA500 is bearish towards the 0.5600 - 0.55165 Support Zone. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot