The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.62096 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 0.61500 which is a level that sits under a pullback support and the 61.8% Fibonacci retracement level. Take profit is...
NZD/USD is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 0.62096 Why we like it: There is a pullback support that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 0.61583 Why we like it: There is a pullback support that sits under the 61.8% Fibonacci retracement...
AUD/NZD is trading close to a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.08048 which is a pullback resistance. Stop loss is at 1.08747 which is a level that sits above a pullback resistance and aligns with the 78.6% Fibonacci projection level. Take profit is at 1.07425 which is a pullback support that...
NZDUSD sell Structure on H1 / H4 I entry at the moment. TP is on chart and SL too. This is my view just my view. Remember about risk no more than 1-2%
The double top broke down the uptrend line and now the pair is testing the broken support zone. It has heavy resistance above, the trendline and broken neck of the double top. Give it a wide SL, it may try to test both, I'll add at every attempt to break up. I don't think is coming back before touching the support blue line.
AUD/NZD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.07694 which is a pullback resistance. Stop loss is at 1.08025 which is a pullback resistance that sits above the 61.8% Fibonacci retracement level. Take profit is at 1.06910 which is a swing-low support level. High Risk Investment...
NZD/USD has broken below an overlap support and could potentially drop lower towards our take profit target. Entry: 0.61073 Why we like it: There is a potential breakout level Stop Loss: 0.61583 Why we like it: There is a pullback resistance level Take Profit: 0.60350 Why we like it: There is a pullback support that aligns close to the 61.8% Fibonacci...
Kiwi is firm a bull flag that will send it to 0.6300 level. Bull has upper hand and no selling pressure at this time. Trade safe. Have a good week.
Kiwi will go down again after nice pullback to 0.6200 area. Double top will firm and after that, price will fall to middle line of broad channel. Have a good week. Trade safe.
NZD looks very solid and the USD is loosing strength across the board. I think we will see the kiwi coming back, other pairs are getting weaker against the NZD as well like the British pound which I'm shorting. We can also see a potential double bottom fotming. I just opened a long position and expecting for a breakout soon.
A couple days back I wrote that the NZD/USD was up against the roof of a descending channel. I anticipated a breakout and entered long @0.60995. Short, medium, and long term indicators support a strengthening Kiwi against the USD.
Kiwi has been on a great run but I'm seeing this come to the top of it's range and expecting a correction, whilst at the same time seeing Aussie building momentum, so I'm thinking this is a good pair to trade this week. We have quite a lot of fundamentals, with RBA and RBNZ meetings, but I think overall price action will look like this when everything balances...
NZDUSD is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 0.60857 Why we like it: There is a pullback resistance that aligns with the 61.8% Fibonacci projection level Stop Loss: 0.61274 Why we like it: There is an overlap resistance that sits above the 78.6% Fibonacci...
The Kiwi (NZD/USD) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.60486 which is a multi-swing-high resistance. Stop loss is at 0.61150 which is a level that sits above a confluence of Fibonacci levels i.e. the 127.2% extension and the 78.6% projection levels. Take profit is at...
The Kiwi (NZDUSD) could rise towards a multi-swing-high resistance and potentially reverse off this level to drop lower towards our take profit target. Entry: 0.60488 Why we like it: There is a multi-swing-high resistance level Stop Loss: 0.60800 Why we like it: There is a resistance level that sits above the 161.8% Fibonacci extension level Take Profit:...
The Kiwi (NZD/USD) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 0.59997 which is a pullback support. Stop loss is at 0.59750 which is a level that sits under the 23.6% Fibonacci retracement level. Take profit is at 0.60486 which is a multi-swing-high resistance. High Risk Investment Warning...
EUR/NZD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.79968 which is an overlap support that sits under the 61.8% Fibonacci retracement level. Stop loss is at 1.78600 which is a level that sits under a swing-low support. Take profit is at 1.82605 which is a pullback resistance. High Risk...
AUD/NZD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.07820 which is an overlap support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 1.07300 which is a level that sits under a confluence of Fibonacci levels i.e. the 61.8% retracement and 78.6% projection...