DeGRAM | NZDUSD trend continuation opportunityNZDUSD is trading in the descending channel. Price pulled back from the support level.
There's a kill zone level where resistance level 61.8% fibo perfectly lines up with it.
The market is consolidating near the psychological level 0.61000, creating divergence.
We expect a bearish move to complete the AB=CD pattern.
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Nzdusdanalysis
#NZDUSD: Possible Big Selling Opportunity! Dear Traders,
Hope you had a great weekend, now looking at the big picture of NZDUSD, we think price will likely to reverse after touching our area, DXY may become reverse in a week or two, while the pair is yet far from our entry point. We expect smooth drop; ensure you take appropriate risks when trading.
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NZDUSD analysis elliot. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DeGRAM | NZDUSD pullback from confluence levelNZDUSD is moving in an ascending channel. The market has dropped from the major resistance level.
The market is creating a bearish harmonic pattern, which is additional confluence.
We expect a pullback from the resistance since the market is moving sideways on the 4-hourly chart.
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EURUSD - NZDUSD - AUS200 Trade RecapThree positions taken last week, two breakevens and one loss. Great trades nonetheless, two structures I would take over and over again with the EURUSD position being on the higher risk side of things. Risk management plan stuck to, frequency is picking up just in the first month of the year as expected. Trade safe and responsible
NZDUSD Looking BullishThe Business Confidence report for New Zealand's NZD/USD reveals a positive shift in business sentiment, with a rise to 36.5 in January from the previous figure of 33.3. This indicates an optimistic change in how businesses perceive the economic environment. However, the NZD Activity Outlook, measuring firms' expectations for their own activity, witnessed a slight dip, decreasing to 25.7% from the earlier reading of 29.2%.
NZDUSD → Trade Analysis | Bullish opportunityHello Traders, here is the full analysis.
Price reversal going up levels for BUY . GOOD LUCK! Great BUY opportunity NZDUSD
I still did my best and this is the most likely count for me at the moment.
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NZDUSD Analysis(➡️RR=2.00)🏃 NZDUSD is moving near a 🟢 Heavy Support zone($0.6110-$0.6050) 🟢.
📈Regarding Classic Technical Analysis , it seems that NZDUSD has succeeded in forming a Double-Bottom Pattern , and we are currently witnessing a pullback to the Neckline .
🌊In terms of Elliott wave theory , NZDUSD seems to have completed 5 impulsive waves and is currently completing corrective waves .
🌊Most likely, the structure of correction waves is Double Three Correction(WXY) .
🔔I expect the NZDUSD to rise to at least the 🔴 Resistance zone($0.6220-$0.6178) 🔴 again after the pullback completes.
New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ), 15-minute Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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NZDUSD Trading Plan - 28/Jan/2024Hello Traders,
Hope you all are doing good!!
I expect NU to go Up from here.
Look for your BUY setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
NZD / USD Shorts The overall trend is bearish, so am looking for the break or the structure and 4h close below the blue zone with a retest and a lower low close on the smaller time frame.
Alternatively I would wait for a pull back and rejection from the top of structure with a 4h close, or a 1h bearish engulfing / double top to take the short back down to the bottom of structure.
NZDUSD A BULLISH ENTRYhello guys
NZDUSD Formed an inverted head and shoulder on a daily key level during the formation the price rejected a supply zone many times it also plays now as a neckline for the pattern
if the price manages to break and retest it may be a very good entry for a buying opportunity
NZDUSD Bearish Outlook: Technical and Fundamental AnalysisA comprehensive analysis spanning multiple timeframes presents a bearish outlook, augmented by fundamental factors. On the monthly chart, there's a clear rejection at a significant resistance level, indicating strong selling pressure at these price points. Shifting to the weekly timeframe, a notable observation is the breach of a critical support level, which has now turned into resistance. This shift was accompanied by a consolidation phase, highlighting a significant mitigation of positions and the addition of substantial short positions, further validating the bearish sentiment.
The daily chart provides a more granular view, showcasing a distinct breakdown in structure towards the downside. This technical breakdown suggests continued bearish momentum in the short term, as lower lows and lower highs form part of a downtrend.
From a fundamental perspective, the strength and momentum of the USD are evident, fueled by recent data releases that have kept the dollar "hot." Additionally, there's an observed bullish divergence with bonds, although this doesn't necessarily imply a long-term trend reversal.
On the New Zealand side, the upcoming Consumer Price Index (CPI) data release is anticipated to show a cool off, potentially setting the stage for an upward price correction. However, this expected bullish move should be interpreted with caution, as price action leading up to significant catalysts often respects the prevailing trend, which, in this case, is bearish.
In summary, while short-term bullish opportunities may arise from fundamental data releases such as the NZD CPI, the overarching technical analysis across monthly, weekly, and daily charts suggests a bearish trend for NZDUSD. Traders might consider looking for sell opportunities on rallies or breaks of structure, keeping an eye on key support and resistance levels for entry and exit points. Fundamental factors, including the strength of the USD and upcoming economic indicators, should be monitored closely to gauge their impact on the currency pair's direction.
DeGRAM | NZDUSD hidden divergenceNZDUSD broke out of the descending channel. It is approaching the fibo cluster level.
The market is in a bearish trend. The price dropped from the resistance twice.
Price action created the hidden divergence, which is a signal of trend continuation.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
nnzdusd signal buy limit. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
nzdusd buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
NZDUSD : Long Trade , 4hHello traders, we want to check the NZDUSD chart. The price has broken the uptrend line and is moving in a descending channel. The price has reached the specified key level and we expect this level to play the role of a support level and the price will have a correction up to around 0.62000. Good luck.
DeGRAM | NZDUSD bullish opportunityNZDUSD broke out of the ascending channel, printing the AB=CD pattern, or equal-measured move, and a bullish harmonic pattern.
The D point is complete right at the confluence level and psychological level at 0.61000.
We expect buy opportunities at support and Fibo extension levels.
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