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.
Nzdusdprediction
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
NZDUSDFor the mid-term time frame, the trend is still Bearish. So it can find an entry area to sell.
Price breaks the trend line in the short-term time frame, and according to my analysis, we see the opportunity to sell. Follow me, like, comment, and write questions.
Observe the money management and the stop loss.
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#NZDUSD
- NZDUSD has been going down very fast in recent days. The reason for that is because of the VIX UP and some strength in the dollar. Due to MARKET RISK OFF in the previous few days, COMMODITIES also fell down very fast. Because of that, every NZD BASED CURRENCY PAIR was SOLD. But yesterday, AUD, NZD, CAD, CURRENCIES were in DEMAND due to MARKET RISK ON again.
- Thus, COMMODITIES are becoming somewhat BUY. It also affects the NZD very strongly.
- Anyway, NZDUSD can continue to BUY until the 0.6266 LEVEL. And after that, if the MARKETS RISK OFF, you can definitely SELL until the NZDUSD 0.5999 LEVEL.
Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
NZDUSD two bar reversal indication short for 0.61401st & 2nd August daily bars formed two bar reversal. 2nd August daily bar broke and close below previous daily bar low. 0.6180 preliminary support before target as 0.6140. stop loss above two bar reversal bars. from 0.6140 possible again buying opportunity.
NZDUSD Acccumulation for long 0.6440#nzdusd, two bar reversal formed on 14th & 15th daily bars. 16th June strong insurance bar dictation for higher prices ahead. Last six daily bars did not breach 16th June bar high or low, mean price building energy to burst one side. Need to break triangle pattern either up or down side. if price comes down then better opportunity to take long with cheaper prices. my view bullish for target 0.6440.
NZDUSD long for 0.6440 and 0.6550#nzdusd, 12th - 16th May bottom formed. 15th June two bar reversal , 15th June daily bar did not breach previous bar low while breached previous bar high. 16th June Insurance bar dictating strength ahead. Long for target 0.6440. Price may take time to build energy for 0.6440 breakout for next target 0.6550. stop loss below 15th June bar low.
DeGRAM | NZDUSD head and shouldersNZDUSD formed a head and shoulders.
It broke through the right shoulder and is pulling back to support level.
The support level of 0.6300 is a psychological and confluent level.
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DeGRAM | NZDUSD bearish opportunityNZDUSD made lower lows, indicating a bearish trend.
The price broke the level of support and closed below it.
An ideal entry would be a rejection of the resistance zone.
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DeGRAM | NZDUSD bearish opportunityNZDUSD is in a bearish trend. It made a new lower low in the 1H timeframe.
Price action broke and closed below the psychological level 0.65000.
We anticipate further downside moves.
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NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS- NZD FEATURE is currently slightly UP. The main reason for this is the UPA in occasional COMMODITIES and some weakness in the USD. Also, MARKETS RISK ON can be cited as a reason for us to become NZD UP. The POSITIVE SENTIMENT for USD has not diminished yet. But from time to time DXY CORRECTION is happening. The NZD FEATURE stands at 0.6522 LEVEL. The DXY is currently slightly up to 101.94. According to the MARKET SENTIMENT and the USD is currently slightly WEAK. Priced above NZDUSD DYNAMIC LEVELS.
- STOCKS are currently DOWN. And VIX is becoming DOWN. Also COMMODITIES OVERALL DOWN. Also BONDS PRICES are becoming NEUTRAL. Also BONDS SPREADS are DOWN. Currently the MARKET RISK ON status is heavy. So definitely create a UP TREND for AUD CAD NZD and a DOWN TREND for JPY CHF USD.
- NZDUSD PRICE can be UP to 0.6720 LEVEL before DOWN. Then it can be DOWN to 0.6198 LEVEL. Buying NZDUSD is a bit risky if VIX is UP. So stay tuned with MARKET UPDATES.
NZDUSD Bullish for 0.6615 & 0.6760#nzdusd, pair forming higher high in daily and weekly time frame, 13th May Inside bar early indication for bullish reversal, while 16th Insurance bar confirmed strength ahead. suspect medium term bullish. NZD bearish extreme for five year net positions so expecting strength in nzd for medium term. stop loss below 0.6850.
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS- USD JOLTS JOB DATA is to be released today in the NEWYORK SESSION. It's a HIGH IMPACT NEWS. This is why you need to keep an eye on us.
- NZD FEATURE is currently down a bit. The main reason for this is the slowdown in periodic COMMODITIES and the slight strength of the USD. The POSITIVE SENTIMENT for USD has not decreased yet. But from time to time DXY CORRECTION is happening. The NZD FEATURE stands at 0.6428 LEVEL. The DXY is currently up to 103.66. According to the MARKET SENTIMENT and the USD is currently slightly STRONG. Prices are below NZDUSD DYNAMIC LEVELS.
- Currently the SENTIMENT of the OVERALL MARKET is moving towards the RISK ON side. Also the EQUITIES have become a bit GREEN. VIX is getting a bit DOWN. Also COMMODITIES is showing a UP SIDE BIAS right now. MARKETS currently have a NEUTRAL SENTIMENT, but the RISK ON SENTIMENT is too heavy. HIGH BEATA CURRENCIES are also UP going very well.
- NZDUSD PRICE can return to 0.6288 LEVEL and then UP from that LEVEL. NZDUSD SHORT TERM may be further BUY if COMMODITIES PRICES UP UP, VOLATILITY DOWN.
- NZDUSD PRICE can go to 0.6288 LEVEL before UP. Then you can BREAK the TREND LINE and UP to 0.6660 LEVEL. Buying NZDUSD is a bit risky if VIX is UP. So stay tuned with MARKET UPDATES.
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS- NZD FEATURE is currently down a bit. The main reason for this is the slowdown in COMMODITIES and the slight strength of the USD. The POSITIVE SENTIMENT for USD has not diminished yet. The NZD FEATURE stands at 0.6560 LEVEL. The DXY is currently up to 102.54. According to the MARKET SENTIMENT and the USD is currently slightly STRONG. Prices are below NZDUSD DYNAMIC LEVELS.
- Currently the SENTIMENT of the OVERALL MARKET is moving towards the RISK ON side. Also the EQUITIES have become a bit GREEN. VIX is getting a bit DOWN. Also COMMODITIES is showing a UP SIDE BIAS right now. MARKETS currently have a NEUTRAL SENTIMENT, but the RISK ON SENTIMENT is too heavy. HIGH BEATA CURRENCIES are also UP going very well.
- NZDUSD PRICE can return to 0.6520 LEVEL and then UP from that LEVEL. NZDUSD SHORT TERM may be further BUY if COMMODITIES PRICES UP UP, VOLATILITY DOWN.
- NZDUSD PRICE can go to 0.6520 LEVEL before UP. Then you can BREAK the TREND LINE and UP to 0.6730 LEVEL. Buying NZDUSD is a bit risky if VIX is UP. So stay tuned with MARKET UPDATES.