NZDCAD - Follow the Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈NZDCAD has been bearish trading within the falling wedge pattern in red.
Currently, NZDCAD is approaching the upper bound of the wedge.
Moreover, the green zone is a strong structure.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green structure and upper red trendline.
📚 As per my trading style:
As #NZDCAD is around the red 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
NZD (New Zealand Dollar)
Could the price reverse from here?NZD/JPY is rising towards the resistance level which is a pullback resistance and could reverse from this level to our take profit.
Entry: 88.60
Why we like it:
There is a pullback resistance level.
Stop loss: 89.18
Why we like it:
There is a pullback resistance level that is slightly below the 127.2% Fibonacci extension.
Take profit: 87.78
Why we like it:
There is a pullback support level.
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NZDUSD: RSI Bullish Divergence calls for a buy.NZDUSD is neutral on its 1D technical outlook (RSI = 51.335, MACD = -0.004, ADX = 18.088), recovering the previous bearish technicals. It seems like the 1D RSI Bullish Divergence on HL is forcing the price to a short term at least bottom with the last two similar situations rising by at least +3.50% over the 1D MA50. Buy (TP = 0.57350).
See how our prior idea has worked out:
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NZDJPY at Key Support – Bullish Reversal LikelyNZDJPY is trading at a key demand zone, marked by previous price rejections and strong buying interest. This area has consistently acted as a turning point, where buyers regained control and pushed prices higher.
The recent bearish move has brought the price into this critical support area. Given the strength of the demand zone, there is a high probability of a bullish reversal if price action confirms buying pressure (e.g., bullish engulfing candles or long lower wicks signaling rejection).
I anticipate a bullish move toward the 88.40 level, which represents a logical target for this setup based on prior resistance. This setup aligns with the expectation of a short-term recovery within the broader market context.
NZDCHF: Bearish Continuation is Highly Probable! Here is Why:
Balance of buyers and sellers on the NZDCHF pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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GBPNZD Is Going Up! Buy!
Here is our detailed technical review for GBPNZD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 2.174.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2.200 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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NZD/JPY BEARS ARE STRONG HERE|SHORT
Hello, Friends!
Bearish trend on NZD/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 87.200.
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NZD/CHF "Kiwi vs Swissy" Forex Market Heist Plan on Bullish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the NZD/CHF "Kiwi vs Swissy" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : Traders & Thieves with New Entry A bull trade can be initiated on the MA level breakout of 0.51300.
However I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest low or high level.
Goal 🎯: 0.52100 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️ the NZD/CHF is expected to move in a bullish direction.
REASONS FOR BULLISH TREND:
New Zealand's Economic Growth: New Zealand's economy is expected to grow at a faster pace than Switzerland's, driven by a strong labor market, increasing consumer spending, and a rebound in the dairy sector.
Interest Rate Divergence: The Reserve Bank of New Zealand (RBNZ) is expected to keep interest rates steady, while the Swiss National Bank (SNB) is expected to maintain its negative interest rate policy, which will lead to a widening of the interest rate differential between the two currencies.
Commodity Prices: New Zealand is a major commodity exporter, and the recent increase in commodity prices, such as dairy and meat, is expected to boost the country's export earnings and support the NZD.
Swiss Franc Safe-Haven Status: The Swiss Franc is often considered a safe-haven currency, but its safe-haven status is expected to be challenged by the strengthening of the US Dollar and the Euro, which will lead to a decrease in demand for the CHF.
Technical Analysis: The technical analysis for NZD/CHF is currently bullish, with the price trading above its 50-day and 200-day moving averages.
Fundamental Valuation: The NZD/CHF is currently undervalued based on fundamental valuation models, such as the Purchasing Power Parity (PPP) model, which suggests that the currency pair is due for a correction.
Market Sentiment: The market sentiment for NZD/CHF is currently bullish, with many traders and investors expecting the currency pair to rise.
Seasonal Trends: The seasonal trends for NZD/CHF are currently bullish, with the currency pair typically rising during the summer months.
MARKET SENTIMENT:
Bullish Sentiment: 60%
Bearish Sentiment: 30%
Neutral Sentiment: 10%
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
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BUY NZD/CHFTrade Recommendation: NZD/CHF
🟢 Action: Buy
Entry Point: 0.5210
Target: 0.5350
📊 Trade Details
Detail Value
Currency Pair NZD/CHF
Action Buy
Entry Point 0.5210
Target 0.5350
Stop-Loss Level 0.5150
📌 Trade Rationale
Technical Analysis:
Support level at 0.5210
Resistance level at 0.5350
Fundamental Analysis:
Positive economic indicators for NZD
Market sentiment favoring NZD over CHF
📈 Visual Chart
(Include a visual chart here showing the entry point, target, and stop-loss levels. For now, a placeholder text can be used if the chart is not available.)
GBP_NZD MOVE DOWN AHEAD|SHORT|
✅GBP_NZD is trading in a
Local downtrend and the pair
Made a pullback and a retest
Of the horizontal resistance
Of 2.1900 and is going down
Already so we are bearish
Biased and we will be expecting
A further bearish move down
SHORT🔥
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GBP/NZD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GBP/NZD is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 2.168.
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GBPNZD What Next? BUY!
My dear followers,
I analysed this chart on GBPNZD and concluded the following:
The market is trading on 2.1777 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.1956
Safe Stop Loss - 2.1676
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
! REALLY NOT SURE ABOUT THIS ONE ! GBPJPY FALLINGSince there are no indicators except for the RSI, it would seem logical with the current drawdown and divergence for the price to keep falling ;
however there's nothing sure about this, it is just an arrow showing the potential direction,
we'll update if we get more info