Technician
Short

NZDUSD: Ready for a Reversal?

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
899 21 16
NZDUSD             may have topped for now, and in the near term, as the price failed at a major resistance level at the all time record high 0.8842. The retest of that high wasn't supported by momentum , as MACD has been strongly divergent. A downside reversal could be at had, unless we break back above that high at 0.8842. which may signal a major bullish breakout. For now, my downside targets start at the 50-days SMA and 0.8543 static support level.

I have a bearish bias(mentality). that means i will always keep my mind looking for bearish signals over the lower time intervals, unless I see a major signal that negate this bias(such as a major bullish hammer candle at support).

Best of luck, join me at https://twitter.com/thefxchannel
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The weekly says it all, this pair is ready for a heavy correction or a new downtrend. I will have my position in a few minutes, and I will want to add at 0.8760-80 on a rally. I have been waiting for a few weeks for this chart to complete, and this week the bearish divergence on the weekly that I've been waiting for has been completed. Let us know how you are going to trade this.
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Ohh, and glad to see the MACD and not the RSI !!!!!!!
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Technician TOP vlad.adrian
2 years ago
:p
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Will you publish the setup, once you decided to take a position?
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Technician TOP HamedAghajani
2 years ago
Yes hopefully.
+1 Reply
Ansari
2 years ago
hi,please publish your idea on XAUUSD .thanks you ,for your useful idea.
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Technician TOP Ansari
2 years ago
Ur welcome. Sure I will.
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Ansari
2 years ago

Dear Technician ,I am interested in your analysis methods ,If possible, introduce Web sites ( free) as Tradingview for better learning technical analysis.
Many Thanks.
My Gmail address is :ansari.aboozar@gmail.com
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Technician TOP Ansari
2 years ago
Well i have sent you a private messages with some links.
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Ansari Technician
2 years ago
yes ,thanks.Now I see.
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Annabird7 Ansari
2 years ago
I would be interested as well in your analysis methods generally and thank you so much. Your ideas always seem clear to me but would love to know a little more. I already have a profit on the nzdusd from this advice. (Using mini lots.)
ann.m.ortiz@gmail.com
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SmartTrader
2 years ago
Hi could you send me the same links. Im new to the world of trading. smarttraderuk1@gmail.com. Thanks
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Ansari SmartTrader
2 years ago
hi,
babypips.com
stockcharts.com
stocktwits.com
www.forex-tribe.com
+1 Reply
SmartTrader Ansari
2 years ago
Thank you
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himsly
2 years ago
Hello. I'm new here Where I can see the time frame?
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Sam0101
2 years ago
hi technician, i looking tp around around 0.865 and rebound around there. Is it possible?
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himsly Sam0101
2 years ago
Hello Goh do you know where I can see the time frame?
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Mirandole himsly
2 years ago
Hi Himsly

It's a daily timeframe if it is what you're looking for.

Best Regards,
Serge
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zlodei
2 years ago
R 0.873
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Sam0101
2 years ago
is there a rebound near 0.865 and uptrend now?
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Sam0101
2 years ago
Hi technician, what u think for kiwi later on RBNZ rate ? Any updates?
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