we can see a strong impulse. We see some bearish price action at the Resistance. ALso NZDxxx pairs at support levels. would look for a Swing opportunity. so if you find an entry use low risk. look for entrys in lower TF. We maybe see a double top first
After price breaking out of a highly respected downtrend that consisted of Lower Highs and Mutual Support. Price broke out bullish and we are allowing price to consolidate as the exhaustion anticipating price to continue in it's bullish channel. Idea becomes invalid if price breaks below our Minor Support / Minor Swap Level.
AUDNZD appears to be at ascending trendline (Resistance) on the Weekly chart, with confluence from the daily and the H4 timeframes, we see it retracing on the H4 before going down for a strong sell!
Price opened below weekly and daily pivots. AD line in long term downtrend hit its 1000 EMA on pullback.
Yesterday, several influencing decisions on easing monetary policy from the “echelon” were coming out of the Central Banks. In particular, New Zealand’s central bank cut interest rates a steep 50 basis points. The Reserve Bank of India also cut the rate by 0.35%, as well as the Bank of Thailand by 0.25%. As a result, The New Zealand Dollar has been depreciating...
NZDUSD is finding support at the key monthly demand zone. With the USD losing strength we could see the price of this currency pair back at the key daily lows of 0.6600. If the daily price finishes bullish we can look for short-term long opportunities. We must remain aware that the New Zealand Dollar is losing strength and any long opportunities should be taken...
DAY TRADE - EXPIRES AT 9PM Trade Idea A bearish Head and Shoulders has formed. We have a 78.6% Fibonacci pullback level of 1.7140 from 1.7307 to 1.6526. Negative overnight flows lead to an expectation of a weaker open this morning. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.7140, resulting in improved...
This one is a little smaller move than I typically go for, but the risk to reward is pretty solid if we get the entry I'm looking for. I am looking for a good rejection candle at tenken sen for a short term sell. I've drawn out partial take profit levels on the way to my main target. We'll have to be watching this pretty closely at the open as price may react...
15 pip stop as us news seems bullish but I can see a low risk 60% chance of reversal on nzd/usd
Staying away from USD pairs during Fed meeting week. Possible entry here on a NZDJPY short. ATR would put a T/P level at the 61% Fibo easily within reach and based on the weekly we might extend further down
The UK pound continue to bleed against most currencies, including the NZ dollar. Monday's drop has been one of the steepest in the past several months. The fall is likely to go on until perhaps the new British PM Johnson or his cabinet ministers soften up their approach to a no-deal Brexit scenario. Under the current circumstance though, the pair price is heading...
4 hour oversold Ascending channel Bounce off bottom of ascending channel FED rate cut expected Upward sloping 50 MA RSI convergence
The New Zealand dollar remains under technical pressure after it unsuccessfully tried to breach a little more above the 1.0450 level. The weekly gains were then lost as the pair headed down. However the Friday rise was limited. In case the table turns again, 1.04000 will be a crucial line of defense for the kiwi If broken we will follow the earlier-tested 1.0385....
NZDUSD POTENTIAL LONG OKAY SO I HAD A NZDUSD POTENTIAL SHORT POST THAT I POSTED ABOUT A WEEK AGO. THAT TRADE WAS NEVER ACTIVATED DUE TO THE FACT PRICE ENDED UP MAKING A IMPULSE MOVE OR POWER MOVE RATHER THAN A PULLBACK. AFTER LOOKING AT THE CHART IT SHOWED ME THAT IT HAD ACTUALLY BROKEN PREVIOUS HIGH IN THE MARKET AFTER A HIGHER LOW WAS FORMED AND CONTINUED TO...
-WAIT FOR BREAKOUT -WATCH FOR RETEST -EXECUTE WITH CONFIRMATION
DAY TRADE - EXPIRES AT 9PM Trade Idea A bearish Head and Shoulders has formed. A break of the neckline is required to confirm the formation. The measured move target is 1.6300. Negative overnight flows lead to an expectation of a weaker open this morning. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.6700,...