Get started

Newzealanddollar

NZDUSD High probability buy at the bottom of the Channel Down.The NZDUSD pair has gone a long way since the previous successful buy signal we gave (see chart below): The Channel Down shifted higher but the price is once again found on its bottom (Lower Lows trend-line) giving us a new high probability buy opportunity. On top of that, it appears to be repeating the May 31 bottom as the RSI is on an identical sequence. As a result we expect a rise towards the 0.618 Fibonacci Channel level at 0.60500, which would be as close as possible to the 1D MA200 (orange trend-line) to test it as a Resistance. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
NZDUSD: Waiting For Confirmation 🇳🇿🇺🇸 I have perfectly predicted an intraday bearish movement after a breakout yesterday. Analyzing a 4H time frame, we can spot an intraday consolidation now and a formation of a horizontal range. The next bearish wave will be confirmed after a breakout of the support of the range. 4H candle close below 0.5808 will confirm a violation. A bearish continuation will be expected to 0.8775 level then. ❤️Please, support my work with like, thank you!❤️
Short
by VasilyTrader
3
🚨NZDJPY will Go Down to Uptrend line🚨🏃‍♂️NZDJPY is moving near the Important Resistance line and the Resistance line and inside the 🟡 Price Reversal Zone(PRZ) 🟡. 💡We can consider the formation of the 🌠Shooting Star Candlestick Pattern🌠 in 🟡 Price Reversal Zone(PRZ) 🟡as a sign of a return. 🔔I expect NZDJPY to return to the 🔴 Resistance zone 🔴 and Uptrend line in the coming hours. New Zealand Dollar/Japanese Yen Analyze ( NZDUSD ), 4-hour Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
20
NZD/USD Targets for Election NightFancy selling into uncertainty? This could be a scenario for the NZD/USD in the lead up to the election in New Zealand which is way too close to call for either major political party right now (Labour vs National). Voting has been open all week and closes October 14, with the winner called the same day (but after the close of this trading week). Polls have the right leaning National party carving out a small lead at the moment, but some hiccups have seen this lead shrink in the past week (e.g., The were caught knowingly lying about amount the average person would receive from their promised tax cuts) National has also promised to remove the Reserve Bank of New Zealand's mandate to consider employment in its interest rate decisions, which could shift the central bank to a more dovish bias (as current strong employment figures in NZ are perhaps heightening its proclivity to hike). Combine this with the general uncertainty induced by the election, and some downside targets for the NZD/USD could be charted in anticipation for election night and the Monday following the results. The recent touch point for the 0.5861 is the most obvious target that the pair will have to overcome if it wants to seek lower targets. This would also open up new 2023 lows, with 2022 benchmarks helping set possible targets.
by BlackBull_Markets
NZDCHF Sell near the 1D MA200The NZDCHF pair has been trading within a Falling Wedge pattern since the March 28 2022 High. As you can see the two so far corrective waves have followed a similar Lower Lows structure. The price is currently on the bullish leg to the Lower Highs trend-line, supported by both the 1D MA100 (green trend-line) and the 1D MA50 (blue trend-line). The 1D MACD Bearish Cross that is about to be completed calls for a sell preparation, as every Bearish Cross above the 0.0 level since March 2022 has been a sell signal. The closer the price gets to the 1D MA200 (orange trend-line), the more efficient the sell entry will be. We will target a projected 1D MA50 contact at 0.53500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
2
NZDCAD This rise is a great opportunity to sellThe NZDCAD pair provided us with one of the best short opportunities (see chart below) earlier this year in January, which was confirmed when the 1D MA100 broke: As you can see, this created a Channel Down pattern and the recent rise that broke above the 1D MA50 (blue trend-line) is the bullish leg towards the new Lower High. Technically it shouldn't exceed the 1D MA200 (orange trend-line) but there is some probability that since we have Diverging Lower Lows (dashed) we may see a Diverging Lower Highs trend-line emerge. In any case, with the 1D RSI the closest to the 70.00 overbought barrier since July 14 and the last Lower High, the Risk/ Reward favors shorting, with our targeting being at 0.78515 (-5.20% decline as the last two, contacting the Diverging Lower Lows trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
NZDUSD On last pull back and then rebound to 0.6200NZDUSD is testing the MA50 (1d) after a Support (1) rebound. The Arc pattern looks like the one from March-April. Following a double MA50 (1d) breach, the price made one last pull back and then rebounded. Trading Plan: 1. Buy on Support (1) again. Targets: 1. 0.6200 (the 0.618 Fibonacci level, which was the May 11th high). Tips: 1. The RSI (1d) is also highly correlated with the March-April sequence, indicating that we may be on the April 13th leg. Please like, follow and comment!! Notes: Past trading plan:
Long
by TradingBrokersView
4
GBPNZD: Counter trend buy. Only short term.GBPNZD closed a strong 1D green candle yesterday, the first of this magnitude after almost one month. The 1D timeframe remains bearish technically (RSI = 39.063, MACD = -0.018, ADX = 72.262) so the trend is still bearish but as the 1D MACD is close to a Bullish Cross, and the 1D MA200 is holding, we can take a counter trend buy and target the R1 level (TP = 2.092225), and the 1D MA50, even though if it follows the stardard format of previous rises, it can go as high as 2.13000. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
🚨NZDUSD will Fall by Ascending Broadening Wedge Pattern🚨✅NZDUSD managed to form an Ascending Broadening Wedge Pattern. 🐮Also, NZDUSD seems to have passed a Bull Trap . 🏃Currently, NZDUSD is moving in the 🔴 Resistance zone($0.6018-$0.5980) 🔴. 🔔I expect the NZDUSD to fall to the 🟢 Support zone($0.594-$0.5929) 🟢 and the lower line of the classic pattern due to the formation of the 💫Evening Star Candlestick Pattern💫 above the upper line of the Ascending Broadening Wedge Pattern. New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ), 4-hour Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
20