NZDUSD will ready to shortNU gonna create Inverse Head & Shoulder pattern in daily timeframe; On the other hand technically NU also create hidden bearish divergence. So i anticipated NU short from 0.643xx range.
Remember, there is no place for luck in trading - only strategy!
Risk Disclaimer
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organised and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis.
Best Regards!
Mahfuz Azim
Nzdusdforecast
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 - 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.
- Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can sell further until it reaches 0.5868 LEVEL..
After that, it can go up to 0.6502 LEVEL.
Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
🎁BUY NZDUSD and get +170 pips profit🚀🔰You can see the analysis of the New Zealand dollar to US dollar currency pair in a 15-minute time frame (NZDUSD_ 15min) 🔍🧨
💥If the price can reach the DEMAND zone, it can rise to the SUPPLY zone🔺🚀
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
______📈TRADER STREET📉________
NZDUSD Create Reversal Pattern NZDUSD Bearish Butterfly Pattern With Hidden Bearish Divergence! So NZDUSD fall from 0.599xx -0.602xx range.
1st TP 0.582xx
Remember, there is no place for luck in trading - only strategy!
Risk Disclaimer
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organised and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Press like👍 if you have any arguments than comment your opinion about the market or your thoughts, below this analysis.
Best Regards!
Mahfuz Azim
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.
NZDUSD Short To Trend ChannelTechnically, NZDUSD create bearish butterfly channel in 1.414 range. And there is a classical double top pattern with hidden bearish divergence; So i anticipated NZDUSD will drop to 0.9814 at-least.
Remember, there is no place for luck in trading - only strategy!
Risk Disclaimer
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organised and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis.
Best Regards!
Mahfuz Azim
NZDUSD possible buy zone!NZDUSD has changed it's downtrend to the uptrend as the USD has got little weaker this week. NZSUD has formed a versal pattern with strong breakout. As the daily has formed a bullish engulfer, NZDUSD may continue to rise with its new uptrend. Once price retrace to previous neckline of inverted head & shoulder, a buy trade is highly probable in NZDUSD.
Thank you and press the like button if you enjoy this analysis
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.
20 REASON FOR LONG NZDUSD 1: Structure analysis time frame: 4 HOURS
2: Profit target time frame: DAILY
3: Trade type: SWING
4: Entry Time Frame: H4
4.1 Entry TF Structure: BULLISH
4.2 entry move: CORRECTIVE
5: Support resistance base: H4 FAIR VALUE GAP
6: FIB: DISCOUNTED AREA
7: candle Pattern: DOJI REVERSAL
8: Chart Pattern: FLAG
9: Volume : SUPPORTIVE
10: Momentum UNCONVENTIONAL Rsi: SIDEWAYS TO BULL
11: Volatility measure Bollinger bands: MIDDLE BAND SUPPORT
12: strength ADX: BULL
13: Sentiment ROC: RETRACEMENT
14: final comments: BUY AT 15 MIN COMFIRMATION
15: decision: BUY
16: Entry: 0.5775
17: Stop losel: 0.5745
18: Take profit: 0.6090
19: Risk to reward Ratio: 1:10
20:Excepted Duration: 7 DAYS
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
NZD USD Technical AnalysisThis pair is the New Zealand Dollar vs. the U.S. Dollar. It is often referred to as trading the “Kiwi” because the $1 coin depicts the Kiwi bird. In 2012 the Reserve Bank of New Zealand intervened to devalue the Kiwi because it had appreciated so much. It is the 10th most traded currency in the world.
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.
NZDUSD is in new sell zone!!NZDUSD 4h has broken out of the local structure creating an overextended to the opposite direction of the trend giving up another selling opportunity. As the long-term trend is bearish and the daily price is in retracement level, and as current session, the 4H candle just has closed with strong bearish engulfer giving us a sell signal according to the rules of our strategies :)
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NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS - 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. AUD, NZD, CAD, CURRENCIES SELL in these few days due to MARKET RISK OFF again in this week.
- Thus, COMMODITIES are selling quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can sell further until it reaches 0.5929 LEVEL. And after that, if the MARKETS RISK is ON, you can definitely BUY until the NZDUSD 0.6253 LEVEL.
Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.