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Nzdusdtrade

NZDUSD SWING SIGNAL LONGHello trader friends New Zealand dollar to US currency pair Considering the breaking of the dollar index, we can think about long transactions Due to the inclusion of the pivot in the 4-hour period, there is a possibility of a phase change from bearish to bullish in this currency pair. Therefore, according to the appropriate risk and reward, we can enter into long positions Thank you for following me You can send a message to subscribe to Signal's private channel I will also be happy to tell you your opinion
Long
by jawad369
🟢 NZDUSD 🟢 LONG - Local on 24.081-hour Chart - NZDUSD FX:NZDUSD OANDA:NZDUSD SAXO:NZDUSD Following a local upward impulse, there is a liquidity accumulation for an upcoming long movement. Today, I anticipate the removal of PDH (Previous Day's High). ... If you liked the idea, hit the "Rocket" 🚀 (👇) – it would greatly motivate me. This will provide me with additional encouragement to continue sharing my market insights. Subscribe ↗️ to stay updated on new ideas.
Long
by SHIFU_
NZDUSD Struggling to break 0.61Hello Traders, today the FX:NZDUSD pair in struggling to break the 0.61 level and re-enter in the local channel (highlighted by yellow trendlines). Today operativity will be to monitor 2 things : 1. A break of 0.61 that wil give the possibility to re-enter the channel and target the 0.62 levels probably the coming week 2. If prices stay below the 0.61 level the sentiment could turn bearish targeting the 0.598 level that represent the bottom of the mail descending channel. I'm expecting big volatility due to NFP and Uneployment Rate at 14.30 UTC+2 Levels to watch and trade: - 0.6125 200 MA on 30M chart that represent the resistance - 0.6065 we have the support So, a break and close above 0.6125 will be considered as a bullish sign targeting 0.62+ levels and a break below 0.6065 a bearish one targeting 0.6020 and further. In my opinion the best thing to do is to trade according to the mentioned levels and avoid trade the news because you might break your account.
by IllyrianTrader
NZDUSD - 997M NZ$ Options expirationHelo Traders, FX:NZDUSD is facing a bullish move inside the local wedge highlighted by the yellow trendlines. Probabilities for a next leg up in 0.63 levels are very high considering Wednesday's FX:NZDUSD forex options expiration with 997M NZ$ staked. Levels to watch are: Local support around 0.6179-0.6190 Point/Price of control 0.6195 Target 0.6280-0.63 An invalidation of the model will be if a 1H candle + a confirmation close below 0.6179
Long
by IllyrianTrader
NZDUSD Update Hello Traders, today i will trade again the FX:NZDUSD for three reasons: -The first reason is that the FOMC will most likely not raise interest rates from September, considering that interest rates at 5.25%-5.5% on the dollar are at 22 year highs and inflation seems to be slowing down (at least in the markets). -The second reason is that with a drop of 133 pips in 2 days, it should be retraced, having left several levels of liquidity as you can see on the chart by Volume Profile. -The third reason is the good volatility of the pair. It is an intraday operation and I will most likely not take anything overnight. Levels to watch: Resistance at 0.6152 - 0.6175 targeting 0.619 or the 0.5 Fibo's Support at 0.6133- 0.611 Stop below 0.611 Point of Control 0.6210
Long
by IllyrianTrader
20 Reasons for Buy NZDUSD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: A completely bearish trend is in place. The last low was created in 2001, followed by a BOS (Breakout of Structure) that occurred in 2011. The market then entered a correction phase and formed a valid lowest level in 2020 with a big hammer and heavy volume. This indicates that the market may have formed a higher low and could potentially continue its bullish journey. Currently, the market is making an inside hammer move and coming down for a liquidity grab. Price has reached an extreme level, and if we closely observe, we'll notice that each candle has lower-side wicks. 2:📆Monthly: Despite the overall bearish trend, there is a valid low formed, and at that low point, there is a significant volume which indicates a strong buying area. If we look at the closing of November 2022, there is a big doji candle followed by big bullish momentum moves. The current month's candle also shows a similar character. 3:📅Weekly: A triangle pattern is forming, and it has almost narrowed down according to the timeframe or the triangle's nature. If we check the ratio of bullish and bearish candles from the last low to the current candle, we can clearly observe powerful bulls in control. The internal structure forms a bearish CHOCH, but it immediately creates a fakeout, turning the bearish CHOCH into a bullish pattern. Take this into consideration. 4:🕛Daily: Price has taken an inducement and is now following recent order flow. The last valid low is at the same level, and prices have been moving sideways from this point, forming a triangle. The breakout of this triangle will define the next move of the market, and there is a possibility of an upside breakout. 😇7 Dimension analysis 🟢 analysis time frame: Daily 5: 1 Price Structure: Bullish to sideways, corrective move completed with a valid low and demand area. 6: 2 Pattern Candle Chart: Headfake chart, triangle, LH (Lower High), momentum candle. 7: 3 Volume: High volume at the lower high indicates a signal of profit booking. After heavy volume, prices have not gone further down, instead moving upside. 8: 4 Momentum UNCONVENTIONAL RSI: Sideways but in the bullish zone. 9: 5 Volatility measure Bollinger Bands: The bands are in a full squeeze, and the breakout of the squeeze will finalize the entry. If it breaks upside, take a long position immediately. 10: 6 Strength ADX: Sideways. 11: 7 Sentiment ROC: USD is weak, and NZD is strong. ✔️ Entry Time Frame: H4 12: Entry TF Structure: Bullish CHOCH. 13: Entry Move: Impulsive. 14: Support Resistance Base: Trendline breakout. 15: FIB: Activated on the daily timeframe. ☑️ Final comments: Buy at the breakout. 16: 💡Decision: Buy. 17: 🚀Entry: 0.6232. 18: ✋Stop Loss: 0.6168. 19: 🎯Take Profit: 0.6466. 20: 😊Risk to Reward Ratio: 1:2. 🕛 Expected Duration: 20 days.
Long
by Optimum369