Levels discussed on 4th June Livestream4th June
DXY: Could have found support at 104, retracing to around 104.20, looking for more downside below 104 could reach 103.60
NZDUSD: Buy 0.6195 SL 20 TP 60 (Hesitation at 0.6220)
AUDUSD: Sell 0.6640 SL 20 TP 45
USDJPY: Sell 155 SL 30 TP 115
GBPUSD: Sell 1.2760 SL 20 TP 50
EURUSD: Looking for reaction between 1.0870 and 1.08905
USDCHF: Look for reaction at 0.8895 support
USDCAD: Buy 1.3680 SL 20 TP 45
Gold: Below 2340 could trade down to 2320
NZDUSD
NZDUSD WEEKLY UPDATEHello trader here is an update on NZDUSD as you can see the price has been bullish as was predicted in my setup weeks ago and now the price has reached a level of resistance so now I will wait for the price to break this level of resistance and turn it into support then I will add another buy trades. NB I am still holding my buys.
THIS IS NOT FINANCIAL ADVICE
NZDUSD tm:1hHello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading.
I hope you will achieve maximum continuous profit with me by using supply and demand areas.
Good luck traders.
Mohammad Goodarzi
Levels discussed on Livestream 3rd June3rd June
DXY: Break above 104.70 (38.2%) , trade higher towards 104.90 (61.8%)
NZDUSD: Sell 0.6130 SL 20 TP 40
AUDUSD: Sell 0.6625 SL 20 TP 65 (Hesitation at 0.6595)
USDJPY: Buy 156.75 SL 25 TP 60
GBPUSD: Sell 1.2680 SL 15 TP 35
EURUSD: Sell 1.0835 SL 20 TP 45
USDCHF: Buy 0.9040 SL 30 TP 60
USDCAD: Buy 1.3675 SL 20 TP 45
Gold: Could retest and reject 2330, and trade down to 2308
NZDUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
NZDUSD → Pre-breakdown consolidation. Next, 0.62?OANDA:NZDUSD breaks the bearish trend in early May and confirms the fact that bulls appear on the market. The fundamental background is positive and growth can be considered in the long term.
Earlier the price tested a strong descending resistance by a false breakdown. There was no proper reaction in the form of a change of trend or a strong fall. Consolidation is being formed. If the price continues to pull up to the upper boundary of the triangle on D1, the pre-breakout prospect will only intensify. On H1 it is worth paying attention to the range 0.6170 - 0.6083. Anything can happen on the background of the news, so it is worth watching the reakitsa of the ruck to the mentioned borders. A false breakdown of support before further growth is possible.
Resistance levels: 0.6170, 0.6217
Support levels: 0.6083, 0.6000
I expect that the trend may get its continuation. The market is extremely calm now, as there is strong news ahead that could determine the medium-term outlook
Regards R. Linda!
NZDUSD Set To Fall! SELL!
My dear subscribers,
NZDUSD looks like it will make a good move, and here are the details:
The market is trading on 0.6149 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.6110
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
Levels discussed on 31st May Livestream31st May
DXY: Core PCE release today, Looking for reaction at 105 resistance
NZDUSD: Sell 0.6070 SL 20 TP 75
AUDUSD: Buy 0.6660 SL 20 TP 50
USDJPY: Buy 157.10 SL 30 TP 80
GBPUSD: Sell 1.2680 SL 20 TP 75 (Hesitation at 1.2345)
EURUSD: Sell 1.0780 SL 20 TP 50
USDCHF: Sel 0.9090 SL 20 TP 65
USDCAD: Buy 1.3690 SL 30 TP 40
Gold: Slight downside from 2338 to 2328
Strifor || NZDUSD-31/05/2024Preferred direction: SELL
Comment: The situation with the New Zealand dollar, as well as with the Australian dollar, forces us to freeze all purchases for now and consider more sales. We are targeting the support level of 0.60713 , which is where the approach is likely to come in the near future.
A more likely setup is a maximum drop from current prices, especially at the beginning of the American session (scenario №1). Less likely scenario №2 involves growth at the moment to 0.61670 , which may just happen against the backdrop of the publication of today's data. The target for the fall is level 0.60713 .
Additional comments on this trade will be provided as situation changes. Follow us!
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Strifor || AUDUSD-31/05/2024Preferred direction: SELL
Comment: On the last day of this month, we will most likely have a busy day, where all the main events for the Australian dollar will develop at the level of 0.66460 . As always, we highlight two scenarios for the development of events.
Scenario №1 is the most probable expected maneuver in the market for today, where, most likely, the price will accumulate below 0.66460 and then fall to support at the level of 0.66000. There is also an alternative option called scenario №2 , where entry is also assumed near the level of 0.66460 , but after the formation of a false breakout.
Additional comments on this trade will be provided as situation changes. Follow us!
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Levels discussed on 30th May Livestream30th May
DXY: Retracing, needs to stay above 105 support to maintain bullish, could retest 105.50
NZDUSD: Sell 0.6070 SL 20 TP 65
AUDUSD: Buy 0.6615 SL 25 TP 55
USDJPY: Buy 156.90 SL 40 TP 80
GBPUSD: Sell 1.2680 SL 20 TP 75 (Hesitation at 1.2345) (Double bottom opportunity)
EURUSD: Sell 1.0780 SL 20 TP 50
USDCHF: Buy 0.9105 SL 20 TP 40
USDCAD: Sell 1.3710 SL 25 TP 50
Gold: Likely to range between 2330 and 2350
Strifor || NZDUSD-28/05/2024Preferred direction: BUY
Comment: For the NZDUSD currency pair, we have come close to the resistance level of 0.61670 , thereby fixing the previous long target. At this stage, short-term purchases continue to be relevant, and strengthening towards the level of 0.62175 is expected. Of course, overcoming the resistance at the level of 0.61670 will not be the easiest task for the buyer, but most likely, after a short accumulation, the instrument will begin to rise (scenario №1) . Also, as an alternative scenario, a preliminary rollback from this level and, after a small correction, another attempt to break up are considered (scenario №2).
Additional comments on this trade will be provided as situation changes. Follow us!
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Strifor || AUDUSD-28/05/2024Preferred direction: BUY
Comment: Last week, we considered this currency pair for sale in the more medium term. This trading idea is relevant, and at a distance of 2 weeks, one can consider this scenario short. However, in the short term, there will most likely be strengthening, which is exactly what we talked about earlier. Therefore, it makes sense to take a closer look at small purchases.
At the moment, we highlight two scenarios, both on the chart, with a common target at the level of 0.67141 . This resistance level is a local maximum, the maximum of which is expected to be updated in the near future.
Additional comments on this trade will be provided as situation changes. Follow us!
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NZDUSD → Trend Change. Consolidation before the impulse FX:NZDUSD is entering the consolidation phase after breaking the local trend resistance. On D1 the price enters a new range and on H1 a golden cross is formed.
The dollar is standing still and losing positions since the opening of the session on the background of negative news. This is generally favorable for the currency pair. In this case, a retest of the support of the range forming above the bearish channel is possible with the aim of further growth. The currency pair has a potential and with the breakout of 0.604 the price may start to realize the accumulated potential and strengthen to 0.608 or 0.617.
Resistance levels: 0.604
Support levels: 0.600, 0.5983
Most likely trading inside the range may continue. False breakdown of support and further strengthening to resistance is possible, but further price reaction to resistance will show us the readiness of the market to go in one direction or another.
Regards R. Linda!
Levels discussed on 29th May livestream29th May
DXY: Weakness. Break below 104.50 could trade down to 104 support, (hesitate at 104.20)
NZDUSD: Buy 0.6150 SL 20 TP 35
AUDUSD: Buy 0.6680 SL 20 TP 45
USDJPY: Buy 156.80 SL 30 TP 60
GBPUSD: Buy 1.2770 SL 30 TP 50
EURUSD: Buy 1.0865 SL 25 TP 30
USDCHF: Buy 0.9160 SL 30 TP 65
USDCAD: Buy 1.3665 SL 30 TP 60
Gold: If price breaks 2345 could head lower to 2330
Kiwi H4 | Potential bearish breakoutThe Kiwi (NZD/USD) is falling towards a potential breakout level and could potentially drop lower from here.
Sell entry is at 0.6127 which is a potential breakout level.
Stop loss is at 0.6158 which is a level that lies above a pullback resistance.
Take profit is at 0.6082 which is an overlap support.
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🆕 NZDUSD: CURVE ANALYSIS 🆕 (Based on the 11H Chart)
SLO2 @ 0.6199 ⏳
SLO1 @ 0.6163 📉
SSO @ 0.6138 ⏳
TP1 @ 0.6093
TP2 @ 0.6035
TP3 @ 0.5992
TP4 @ 0.5925
BLO1 @ 0.5909 ⏳
BLO2 @ 0.5871 ⏳
ADDITIONAL INFO:
✍️ As anticipated, it appears we have a downtrend
🤑 Currently, our SLO has triggered and we're in profit +20 pips
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT
This is an Intermediate Time Frame trade (4 hours to 6 day):
— Offers a clearer picture of the underlying trend compared to short-term frames.
— Provides more opportunities for confirmation signals and technical analysis.
— Allows for more flexible trading schedules, trades can be held overnight.
— Suitable for swing traders and some positional traders.
NZDUSD - 4hrs ( Buy Trade Target Range 180 PIP ) Pair Name : NZD/USD
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( Short )
Type : Mid Term Swing
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Bullish Break
0.60000 Area
Reasons
- Major Turn level
- Channel Break Out
- Inner choch
- Day + week High Break
- P / Quarter low Area
- Visible Range Lvn
Bearish Reversal
0.61800 Area
Reasons
- Major Turn level
- P / Month High
- Visible Range Hvn
- Pattern Target
- Fibo Golden
- Choch Zone
Levels discussed during livestream 28th May28th May
DXY: consolidating at support 104.50, look for bounce higher, towards 104.90 or resistance (confirmation if price breaks 104.60)
NZDUSD: Buy 0.6140 SL 15 TP 35
AUDUSD: Sell 0.6645 SL 20 TP 50
USDJPY: Buy 157.30 SL 30 TP 65
GBPUSD: Reject resistance Sell 1.2790 SL 25 TP 90 (Hesitation at 1.2750)
EURUSD: Sell 1.0885 SL 20 TP 40
USDCHF: Sell 0.9110 SL 25 TP 40
USDCAD: Buy 1.3660 SL 30 TP 80
Gold: Could trade down to 2330, look for reaction to form double bottom.