Nzdusdprediction
NZDUSD BUYING ON DIPS !!!HELLO TRADERS
As i can see this pair has reached at a strong support zone and now we are buying on dips from this given support we are expecting a up side move from this tested support after this retracement now this entry is very low risk based and looking for higher rewards Friends we need that u share ur thoughts with us on NZDUSD it will help many other traders
Stay Tuned for more updates
NZD/USD Analysis - Strong Support Rejection and BreakoutWelcome to our NZD/USD analysis video! In this episode, we'll be diving into an exciting trading opportunity in the NZD/USD pair, marked by a robust support rejection and a breakout from the channel. Let's explore the potential ahead!
📈 Key Analysis Points:
Strong Support Rejection: Discover the significance of the recent strong support rejection and what it means for NZD/USD traders.
Channel Breakout: We'll analyze the breakout from the channel and the implications it has for the pair's direction.
Targeting Next Resistance: Learn about the potential price levels to watch for as NZD/USD aims for its next resistance area.
Trade Setup: Get insights into potential entry and exit points for traders interested in this exciting opportunity.
If you're a forex trader or investor keeping an eye on NZD/USD, this video offers valuable insights for your trading decisions.
Don't forget to like this video, subscribe to our channel, and hit the notification bell to stay updated on our latest forex analysis videos. Feel free to share your thoughts and questions in the comments section below. Your feedback is highly appreciated!
Disclaimer: This analysis is for educational purposes only and should not be considered as financial advice. Always conduct your research and consult with a financial advisor before making any trading decisions. Trading involves risks, and it's essential to manage them wisely.
NZDUSD possilbe long for 0.59607th September daily inside bar, range confined within the previous bar range. 8th September daily insurance bar broker previous day inside bar high. signs for accumulation and strength in coming days. demand zone 0.5855-0.5860, stop loss: 0.5845, initial target 0.5940-60.
NZDUSD possible long for 0.605528th August daily inside bar, range confined within the previous bar range. 29th August daily insurance bar dictation for strength ahead. if price breaks & hold above then would be considered fake downside breakout. need to break & hold above 0.8986 for trend reversal. initial target 0.6005, next 0.6055. stop loss: 0.5875.
NZDUSD BUYHi fellow traders, NZDUSD has completed this larger correction in an ABC formation. It's quite common to see a shorter 'C' wave. Since the other dollar quote pairs look ready for a move higher we are expecting to see NZDUSD do this as well. The trade will be invalidated if we break the red line. Target the resistance levels. Good luck and trade safe!
NZDUSD possible short for 0.6240nzdusd broker 0.6315 strong support of 12th January. 4hour & daily chart turned from bullish to bearish. wait for correct to tap supply zone for short. supply zones 0.6470-90, extreme supply zone 0.6517-40. both zone are strong selling zone. stop loss: 0.6560, target: 0.6240.
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 being BUY quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can sell further until it reaches 0.6416 LEVEL..
After that, it can go up to 0.6700 LEVEL.
Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
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. But because the MARKET RISK was ON in the previous few days, COMMODITIES also went UP very fast.
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 75 bps RATE HIKE. Therefore, the NZD STRENGTH is increasing very much.
- Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can sell further until it reaches 0.6094 LEVEL..
After that, it can go up to 0.6700 LEVEL.
Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
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. But because the MARKET RISK was ON in the previous few days, COMMODITIES also went UP very fast.
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 75 bps RATE HIKE. Therefore, the NZD STRENGTH is increasing very much.
- Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can sell further until it reaches 0.6225 LEVEL..
After that, it can go up to 0.6700 LEVEL.
Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
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. But because the MARKET RISK was ON in the previous few days, COMMODITIES also went UP very fast.
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 75 bps RATE HIKE. Therefore, the NZD STRENGTH is increasing very much.
- Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can sell further until it reaches 0.5974 LEVEL..
After that, it can go up to 0.6550 LEVEL.
NZDUSD possible long for 0.577028th September daily key reversal bar formed made a new low closed on the high. Price consolidating after daily key reversal formation did not breach low of that reversal bar. 3rd October daily inside bar. Demand zone for 0.5605-0.5585. may long cmp with low risk, use remaining half% risk from demand zone. stop loss: 0.5550, target: 0.5770