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Forecasts of NZD/USD

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NZD/USD Continuation Bearish SHS Pattern
NZD/USD Continuation Bearish SHS Pattern
The NZD/USD is in a strong monthly downtrend. If we zoom in to H4/H1 time frame, we are also able to see a downtrend but also a retracement that is happening now. The POC zone 0.6833-45 (D H4, EMA89, 61.8, ATR top) once hit, could reject the price. At the top of that we also see a continuation Bea.....
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NZD/USD Bearish Slope Marks the Downtrend
NZD/USD Bearish Slope Marks the Downtrend
The NZD/USD, popular "Kiwi" is in a zig-zag downtrend aiming for D L5/ W L5 camarilla levels. The POC zone 0.7285-0,7305 (D H4, 61.8, bearish order block, channel top) could reject the price should it retrace within the zone. Targets are 0.7187 and 0.7147. Also, watch for 38.2 X cross - 0.7255 that ...
1
NZD/USD Correction Seems Over
NZD/USD Correction Seems Over
The NZD/USD correction seems to be over. The trend is bullish and the pair has spiked above the correction channel (violet) getting back into the main uptrend. The currency pair has made a bullish SHS pattern too and the price is going upwards. A retracement into the POC zone 0.7265-75 (EMA89, 50......
1
NZD/USD 2 POC Zones For Possible Rejections
NZD/USD 2 POC Zones For Possible Rejections
The NZD/USD has been in a steady uptrend and we can see the price above W L3 and D L3. The POC zones that we see at this point are clearly shown on the chart as POC 1 and POC 2. The POC1 0.7390-0.7405 (D L3, W L3, 23.6,EMA89) and POC2 0.7370 – 80 (ATR low, 38.2, D L5) could reject the price and as ....
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