NZDUSD - Looking To Sell Pullbacks In The Short TermH1 - Bearish trend pattern
Currently it looks like a pullback is happening
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Nzdusdbearish
NZDUSD Short Term Sell IdeaD1 - Bearish convergence
Most recent uptrend line breakout
No opposite signs
H4 - Bearish trend pattern
Currently it looks like a pullback is happening
Until the strong resistance zone holds my short term view remains bearish here
Bearish Outlook on NZDUSD - 5 AugPrice has been adhering to the observed descending trendline on the H4 timeframe. A pullback to the key resistance zone at 0.6150, which coincides with the 50% fibonacci retracement, could provide the bearish acceleration towards the next support zone at 0.6000, which is in line with the 141.4% fibonacci extension. Price is hovering below ichimoku cloud, supporting our bearish bias.
Bearish Outlook on NZDUSD - 7 July 2023On H4 timeframe, price has recently rejected off from a key resistance zone at 0.6200 and broke below an ascending trendline. A pullback to resistance zone at 0.6200, which coincides with 78.6% Fibonacci retracement, could provide the bearish acceleration towards the next support zone at 0.6080, which is in line with the 241.4% Fibonacci extension.
NZDUSD M15: Bearish outlook seen, further downside below 0.6060Price has reacted off a key resistance zone at 0.6095 on the M15 timeframe. A pullback to this zone could provide bearish acceleration towards a key support zone at 0.6060, which coincides with the 61.8% Fibonacci retracement. Price is below 20 EMA, supporting our bearish bias.
NZDUSD 15M: Bearish outlook seen, further downside below 0.6000On the 15M timeframe, there is bearish order flow, with lower highs and lower lows being formed. A pullback to the resistance zone at 0.6040, which coincides with the 78.6% Fibonacci retracement, could provide the bearish acceleration towards the resistance-turned-support zone at 0.6000. Price is holding below ichimoku clouds and 20 EMA, supporting our bearish bias.
NZDUSD AnalysisDollar currency Index (DXY) is getting stronger on daily bases and it journey is still continued. According to the NZDUSD chart analysis, NZDUSD is in pressure and following it breakout levels. Better to look selling opportunity on it.
NZDUSD 15M: Bearish outlook seen, further downside below 0.6250On the 15M timeframe, price broke below an ascending trendline and is showing strong bearish correction. A pullback to the resistance zone at 0.6290, which coincides with the 61.8% Fibonacci retracement, could present an opportunity to play the drop to the support zone at 0.6250. Price is holding below ichimoku clouds, supporting our bearish bias.
NZDUSD H1: Bearish outlook seen, further downside below 0.6180On the H1 timeframe, prices are showing a downward trend and bearish order flow, with lower lows and lower highs being formed. A pullback to a key support-turned-resistance zone at 0.6180, in line with the 38.2% Fibonacci extension, could present the opportunity to ride the drop to the support zone at 0.6120, which coincides with the 78.6% Fibonacci retracement and extension levels. Prices are holding below the 20 EMA and Ichimoku cloud, and MACD is showing bearish momentum while ADX is above 25, supporting our bearish bias.
Bearish outlook on NZDUSD: 3 March 2023Prices have been testing a key resistance zone at 0.6280 on the H4 timeframe, in line with the 38.2% Fibonacci retracement. A pullback to this level could present an opportunity to ride the drop to the support zone at 0.6150, which coincides with the graphical low and 23.6% Fibonacci extension. Stochastic RSI is approaching the overbought region above 80, while prices are holding below the 50 EMA, supporting our bearish bias.
NZDUSD M30: Bearish outlook seen, further downside below 0.6250On the M30 timeframe, prices are testing a key resistance zone at 0.6250. A pullback to this zone presents an opportunity to play the drop to the support zone at 0.6200, in line with the 38.2% Fibonacci extension. Price is hovering near the top of the Bollinger Bands, supporting our bearish bias.
Bearish outlook on NZDUSD - 22 February 2023Prices are testing a support-turned-resistance zone at 0.6250 on the H1 timeframe. A pullback to this level could provide the bearish acceleration to the next support zone at 0.6200, which coincides with the 38.2% Fibonacci extension. Stochastic RSI is in the overbought region above 80, supporting our bearish bias.
NZDUSD SellThe market of NZDUSD has formed Bearish Flag Pattern and now giving free fall. It will be good to take sell opportunity on it.
BEARISH Engulf candleOn Friday, the market has formed Bearish Engulf candle on the top, which is strongly indicating for the bears power.
NZDUSD is in Bearish modeAs we can see in the chart that NZDUSD has rejected its uptrend and now falling below its trend line which is giving a strong indication that the market will fall further more to the downside.
NZDUSD SHORTTaking this continuation short after this pullback, already a few positions short. Price broke free of the 4hr trendline yesterday. This pullback was not too strong, so I will endeavor to make this position risk free as soon as I can!
NZD/USD | bearish till 0.65038 ?NZD/USD delayed post.
NZD/USD selling pressure may reach 0.65800
Bearish momentum may fall to 0.65038
Resistance Levels: 0.66466, 0.66752, 0.66984
Support Levels: 0.66001, 0.65800, 0.65038
Possible good entry:
Entry price: 0.66400
Stop: 0.67067
Target: 0.65038
Let's watch...
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NZDUSD - DOWNSIDEUnpopular opinion, but DXY looks to retest 98 before it's decline. From this NZDUSD looks due a pullback to the downside. Enjoy!
NZDUSD At ResistanceOn the daily time frame NZDUSD has reached a nice resistance. The indicators also have seemed to reach their top and are running out of steam reversing back down for a next bearish wave.
How ever its all still fresh.
If youre an early bird you could sell NZDUSD now with a 70 pip stop loss and target 0.7025
If you prefer less risk then wait for the next daily candle. If its green it will break the resistance and you can enter a buy, but if it turns red then its a confirmation of a bearish reversal and you join the sell.
NZDUSD Short NZDUSD is nicely bouncing back from the upper range on the 4 hour time frame
SL: 0.7260
TP: 0.7140
NZDUSD BuyNZDUSD has a nice upper range break-out on the 4 hour time frame. The next 2 resistances are around 25 and 90 pips from current market price. Targeting those will give some nice profit.
Open: CMP
TP: 0.7380
SL: 0.7260
NZDUSD Wait For Break Out And Trade!!NZDUSD is approaching a resistance but it's also still close to the upper range. Best thing to do is to have some patience and wait for one of them to break out. Then trade it in that direction.
Indicators are bearish with ADX red line about to crossover the green line and Stoch is also making a bearish crossover. If you lack patience like I do you could already try to open a short position with a stop loss a bit above the upper range (10 pips) if it happens that this upper range breaks then buy NZDUSD like you would have done if you had some patience ;) :P
