Nzdusdsignal
NZD/USD 4H chart analysis, time for a pullback?As expected, NZD/USD fell strongly from the 0.6380 resistance level in the 4Hour chart. Since then, price
is down 2%. At present, it seems NZD/USD is consolidating in the dynamic support level in the 4H chart.
If we can see multiple bullish candles in the 0.6250 level, it would indicate that a pullback is about to happen.
However, I do no recommend buying right away.
Sellers can wait for a pullback to 0.6350 before selling again.
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.
DeGRAM | NZDUSD bullish opportunityNZDUSD broke out of the ascending channel.
On the 4H timeframe, the market returned to the consolidation zone.
There is a kill zone for a long opportunity at support 0.62500 if price pulls back to it.
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DeGRAM | NZDUSD bullish pressure on resistanceNZDUSD is trading in an ascending channel.
The market has attempted to break the resistance level at 0.62800 three times.
Price is making higher lows and equal highs, which means that bulls are putting pressure on the resistance level.
We expect a breakout of the major resistance.
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DeGRAM | NZDUSD trend continuationNZDUSD and EURUSD have very similar price action. It is trading in the descending channel.
Price pulled back to the consolidation zone, which gives us a trend continuation opportunity.
We expect the bearish trend to continue.
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the NZDUSD will fall even more in the next week.I do believe that this market will have to make a correction up to the 0.620 area before going down 0.61380 and then going even more down to do price area around 0.61150.
so what do you guys think? do you agree or not ?!
pls, share with me your opinions !!
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 continue to BUY until 0.6703 LEVEL..
After that, you can SELL at 0.6122 LEVEL.