Nzdusdforecast
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#NZDUSD
- NZDUSD has been going UP very fast in recent days. The reason for that is because the VIX is down and the strength of the dollar is decreasing. Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due to MARKET RISK ON again this week.
For that, the influence of USD was very strong. Fomc update also affected it strongly this time. And RBNZ made a 50 bps RATE HIKE. Therefore, the NZD STRENGTH is increasing very much.
- Thus, COMMODITIES are selling quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can continue to BUY until 0.6550 LEVEL..
Before that, you can SELL at 0.6246 LEVEL.
NZDUSD- SELL SETUP, DO NOT MISS OUTHey Everyone, NZDUSD is now in our view expecting price to come to our region and then drop from there. We can also have a good buying opportunity though it would be wise for us to look just for sell setup.
NZDUSD - Short IdeaA breakdown of May 12 low at 0.6182 will further drag the price toward May’s low at 0.6160 followed by April 26 low at 0.6117. The Relative Strength Index (RSI) (14) is signaling further weakness ahead.
NZDUSD possible short for 0.6155#NZDUSD initial supply zone for short 0.6295-6310, if price breaches this supply zone to the upside, then next extreme supply zone for short .06345-80. stop loss: 0.6405, target: 0.6155.
NZDUSD Analysis H1Here is my view for NZDUSD on H1 for May 2nd, 2023. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDUSD, Next Tp would be 0.61Based on H4, NZDUSD right now is on support, if it break it can go for 0.61$ level.
NZDUSD Analysis H1Here is my view for NZDUSD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDUSD Analysis H1Here is my view for NZDUSD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDUSD 1:5 Buy ZoneThis is for short term
And this is risky too.
Please DYOR before entering the trade.
NZDUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
NZDUSD SELLSHello traders we are looking out for NZDUSD sells movement all we wait for is for price to test back our 0.61 fib lvl which is 0.62274 area take profits lvl 0.60972 for about 133 pips and my stop loss lvl is 0.62551 , risking about 24 pips on this trade tell me what you guys think this trade
20 Reason For sell NZDUSD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: after forming a church in 2007, the price is currently in sideways to upside
phase yet grab all bearish liquidity and now ready for a bull move in my point of view based on the 12-month chart
2:📆Monthly: clear downtrend here, but the last low is not all its lower high, so the downtrend is halted here in this tf price is officially sideways
3:📅Weekly: price breach recent OB also breach recent pullback, so probability it may go up to premium area or extreme OB so we can open only buy positions in this pair in coming weeks
😇 7-Dimension Analysis
🟢 Analysis Time Frame: Daily
1 Price Structure: The price structure is showing a change in character and starting a new impulsive move.
2 Pattern Candle Chart: A bearish momentum candle known as the Boji classic pattern has appeared.
3 Volume: There is not much support from the volume.
4 Momentum (Unconventional RSI): The RSI has encountered resistance at the 60 level.
5 Volatility Measure (Bollinger Bands): The Bollinger Bands have shown a head fake with a bearish momentum candle.
6 Strength (ADX): The bearish DMi has gained strength.
7 Sentiment (ROC): There has been a sharp change in the sentiment over the last week.
✔️ Entry Time Frame: H4
Entry Time Frame Structure: Bearish.
Entry Move: Impulsive.
Support/Resistance Base: Waiting for H4 trend line.
FIB: Trigger trend line has also been breached.
☑️ Final Comments: Sell at the breakout.
💡 Decision: Sell.
🚀 Entry: 0.6223.
✋ Stop Loss: 0.6277.
🎯 Take Profit: 0.6102.
😊 Risk to Reward Ratio: 1:3.
🕛 Expected Duration: 3 day
NZDUSD possible long for 0.6370Inverse head & shoulder pattern formed indication for bullish move ahead. Demand zone for long 0.6210-0.6195. sl 0.6170. tp 0.6370
NZDUSD BUYWelcome . According to my analysis of the pair nzdusd. There is a high probability to the upside, as the horizontal area was broken by a very positive green candle .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
NZDUSD BUYWelcome . The New Zealand dollar pair is in a positive situation. There is a high possibility for the pair to rise. After breaking the flag. It has come out of the transverse rectangle. The pair is trying to retest the channel to resume the bullish trend . Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
Long wicks to triggerThe bullish order flow is still valid, after the stunning demand zone mitigation price pushed all the way up to violate the breaker and nicely decreased to the fair value gap. The fair value gap retracement led to this volatile bullish move, managed to break the structure, made an instant retest to breaker and aggressively went for the liquidity wiper out. The wipe out dragged price down and spiked the breaker block with this long wick. Price made a nice retest and mitigated the breaker, now we currently have three white soldiers candlestick pattern and price already triggered the breaker block. The market could continue going down, but the strongest anticipation is for price to respect this area and decrease to the demand zone as indicated…
NZDUSD Keeps Growing!NZDUSD is trading in local
Rising channel and the price
Has also seems to have
Broken a key resistance level
So we are bullish biased
And a move up is
To be expected
Loss of bearish momentumAcknowledged that the market has been creating new higher highs which is a bullish order flow progression. Price broke below the slight fractal low and changed character. This current contraction is more likely to drop and mitigate the demand zone in order to trigger this potential buying opportunity because the bearish move is already indicating a huge loss of momentum. In this scenario, we have more buyers than sellers…
LongetivityAfter a long time of failing, price finally managed to reach the liquidity zone, but this is not a satisfying liquidity sweep. Anticipating a slight wipe out to collect all the orders above. The market is more likely to drop from this region, waiting for a significant confirmation to take sells…
NZDUSD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on NZDUSD .
Here I expect price to go a little bit higher and then to reject from bearish order block + institutional big figure 0.63000. As well we could see a normal divergence formed which indicates bearish price action.
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