NZDUSD has taken advantage of the weak US Dollar and has pushed through its bearish resistance trendline. This is the first break since early August, so this represents a big shift in sentiment. There are several key zones can use as the take profit targets.
NZD/USD labeled in an ABC bullish correction, where wave B unfolded as an Expanded Flat and an extension in its last leg. Expecting a bullish impulse to start.
Hi Guys, Sharing a trading idea for with you all. On the hourly, consider going long on NZDUSD pair. Enter Trade: Now or between 0.6550 - 0.6556 TP at: 0.6500
"The New Zealand dollar sees a sharp move down against the U.S. currency on Thursday in response to a dovish message from its central bank" finance.yahoo.com
Currently a buy on all xxxusd pairs but this one is right at a strong support level The KIWI has been respecting the .286 fb levels for the past couple of days and i expect it to do the same again now. GOTTA GO LONG
New Zealand Dollar had been one of the weakest currency besides the pound for the past several weeks. As we look at the chart, this pair is inching close to break above the downtrend line extending back from the high of April this year. When that break happens, we can expect Kiwi Dollar to lead as the strongest currency in the upcoming weeks. Happy Trading,...
Gosh not much trending this week. I hope NZDUSD won't join the clan of the sideways charts. I got 8 alerts this week 8 in total. Out of 32 charts I watch for FX metal energy commodities. Going to check stocks during the week maybe I find something interesting. I think NZDUSD will hard bounce, but maybe it goes down some more before that. No reason for it not...
No surprise that the dollar has been strong over the last few months against the kiwi. Price has broken underneath a yearly support, and created a new resistance after test, It could still be a false break out, but if the price continues to drop this week, i believe we could see a nice 300 pip loss in the price of the kiwidollar. ***SIGNAL*** look for the next...
Nzdusd - H4 - good trade to take on FOMC today expecting continuation of trend to the downside
after breaking a major support from the past year, i expect this pair to continue its major push to the downside. This would be a multiple weekk trade with 100s of pips of potential earnings
Long NZDUSD @ 0.6839; TP @ 0.6975, SL your choice
Considering the way that NU went down in this pattern (corrective), I am on the lookout for a buy setup from this spot. Especially because it went down in similar fashion on the larger scale and did not break the low. If dollar retraces, NU may be a VERY nice buy. It is even possible it goes up much further, but we need a buy setup... It never truly confirmed a...
I've traded this pair a lot over the years and very recently had a single 800 pip trade with additional shorts adding up to 1500 pips, once this thing is trending, it's a beautiful trade. But Brexit, if we weren't negotiating Brexit I'd be Long on this pair, to not only go back to the highs of the head and shoulders pattern but, break the center line of the...
I've been tracking this fun pair for some time, long-term we're in a bearish channel coming off the 2010 crash, and we're rotating nicely down through the channel, we hit the top of the channel October 2017 and we're now on the bearish leg, having failed a bull push back up through the descending trend line which has now been respected by formation of a lovely pin...
2nd lower high is traced on NZDUSD, the bull run of USD is about to finish soon. I am testing the the water with small lot size, if it goes well, I will enter full position.
The pair has double topped on H4 and broken the second uptrend from the pull back last week. Moreover, the MACD on H4 has signaled the bearish crossover. With data expected to be negative from the Eurozone, a dovish ECB, and an oversold Kiwi, this pair is primed for a healthy sell off. Best of luck and thank you for looking. And as always, please feel free to...