Nzdusdanalysis
NZDUSD setting up nicely for a short the week of 22 AugIt does not matter what time frame you look at, this pair is obviously bearish. Last week it blew past the major support at 0.6210. I am expecting a pullback to this recently broken level (zone) and a resumption of the trend.
If this happens, I will go short and target the next major level at 0.5920. The minor support at 0.6100 will come into play, but IMO price will overcome it. Even with a generous stop, we could be looking at a 4.5R trade.
Always use sound money and risk management and stay patient in all your trades.
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GBPUSD 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.
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⭕️BUY NZDUSD ; Its time to BUY🔥🔰You can see the analysis of The New Zealand Dollar in US Dollars in 30 minutes time frame(NZDUSD _ 30 min)🔍💣
✴️As is evident in the analysis. The price has been able to break the downtrend line (black🖤 line) and has the ability to climb to the resistance line (orange🧡 line) if it can also break this line upwards can climb up to the supply range and 61.8% of the Fibonacci retracement drawn from point A to B (purple💜 line)🧐❗
The areas of supply and demand in the picture are clear❗❗
I hope the analysis was useful for you🤍🌹
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NZD/USD Made Double Bottom Pattern , Time To Long ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Will the new increase (nzd/usd) be sharp?In my opinion, this currency pair is in a 5-wave downward trend.
We are currently in the middle of wave 4 and the first part of wave 4 movement has been completed. Currently, we should expect the formation of the second part of wave 4.
In the second part of the movement of wave 4, selling pressures will decrease and buyers will take over the market. As a result, the second part of the wave will be very sharp.
Be successful and profitable
NZDUSD time for a short ⏰↘️We start the week with a NZDUSD short trade .
Trend trade identified and entered.
Working H1 timeframe.
Trade details can be found on the chart in printed label.
Trade box is tracking the trade.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
⁉️ NZDUSD - Market AnalysisHello traders!
⁉️This is my analysis on NZDUSD .
Here we have almost the same scenario as on AUDUSD, we are in a bearish market structure, so I am looking only for shorts. I expect a retracement to go a little bit higher and reject from bearish orderblock + institutional big figure 0.70000.
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NZD/USD technical analysis: 200-day moving average next?There have been some interesting technical developments in the NZD/USD daily chart recently. The price action this week effectively broke above the 50-day moving average’s dynamic resistance at 0.627, with the Kiwi dollar extending to 0.645. The NZD/USD pair hasn’t traded above 50-dma since early April.
The Reserve Bank of New Zealand will meet next Wednesday, with the market pricing in a fourth consecutive 50-basis-point hike, with the official cash rate expected to rise to 3%. As a result, New Zealand has the highest interest rates among major countries, giving the Kiwi dollar a relative advantage vis-à-vis peers.
The MACD, which has decisively broken above the zero line, and the 14-day Relative Strength Index, which is approaching overbought conditions, provide additional evidence of positive momentum. The last time the RSI was this high was on March 23.
The next area of resistance is at the level of 0.658 (June high). A break through this barrier would pave the way for an assault on the 200-day moving average at 0.663, where we could see some profit-taking behaviour emerge, given the 10% rally from July's lows.
NZDUSD BULLISH PATTERNThe New Zealand dollar keeps gaining against the USD after the data that US CPI is not as high as anticipated. The pair broke the support level of the triangle pattern and it is heading for a bullish move.
If the breakthrough remains genuine the pair might strive to reach price of 0.654, but if the move does not happen, it might revert to its previous low at 0.627.
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