Blue box/buy box criteria: 1. ABC Equal waves point C 2. Fibonacci retracement 38% 3. Previously worked support 4. Channel projection 5. Fibonacci Extension 127% 6. Round number 1.70000 7*. 4H EMA200 just below the box (1.69817) 8*. 2012 High below the support (1.69739) 9. To be more secure and if the price falls lower than the marked box then wait for bullish...
The chart says it all, really. As long as there are no weird Brexit stories, I am confident in this trade. FX:GBPNZD
Gann's 'Death Zone' is a 49-day cycle (7 days x 7 weeks = 49 days). It's shocking how many times a 49-day cycle can reverse a market. So it is no coincidence that the speed that the NZDUSD pair has dropped and has come into a major confluence zone of change. The highest probability move here is one higher - small probability of a continuation move lower. The Optex...
pair is testing a significant structure support level. bullish breakout of a falling channel, inside which the price is coiling, will trigger a buying reaction of market participants and will drive the market all the way up to horizontal resistance. YOUR PLAN FOR NZDUSD: buy only after bullish breakout T1 - 0.672 T2 - 6.676
bulls continue pushing the market upwards. key levels of resistance on focus: 1.198 2.00 the first significant support for the market: 1.96
NZDUSD has come under recent pressure after a slew of recent economic data indicating a slowing economy. With the cooling of the labour market, tepid wage gains, and poor employment data, there is chatter of the Reserve Bank of New Zealand cutting rates. This would put further pressure on the New Zealand Dollar, especially in the face of a rising USD As a...
Great profits made this morning after last nights spike. This came after the NZ data showed inflation. I will start posting more as soon as I place these trades, last nights NZD was just a quick trade with proper risk management.
Expecting 1.66 Soon, If momentum stay strong then can go even to 1.655 but afterward that it will start climbing .
While a number of technicals point to a bit of an upside trend, this should be limited by short-term resistance followed by a correction back to the long two-year channel that has formed. Daily FX's Nick Cawley called this the trade of the year to short this pair. So far its not panning out. For more, check out www.anthonylaurence.wordpress.com
By Andria Pichidi - November 15, 2018 The Kiwi is doing extremely good the past month, and more precisely after the inflation release on October 16, above expectations at 0.9% in Q3 after the 0.4% q/q rise in Q2. Recently the employment gain on November 7, was well in excess of projections, while the drop in the jobless rate was contrary to projections for a...
Oscillators and exponential moving averages suggest a buy. If you're a trend trading, this one is an obvious long. Short when price action meets downward sloping resistance. Find more of my analysis with more words at www.anthonylaurence.wordpress.com
hey traders, on these charts we have a perfect example of trading harmonic abcd pattern with confirmation. first of all, on a 4h chart we have a completed abcd pattern, the completion point of the pattern matches perfectly with the structure looking left. however, two high momentum bullish candles on 4h chart make me look for a confirmation signal before...
The NZDUSD is forming a pennant formation on the Daily candles and is pushing towards the top level at 0.6890. A break above the pennant could see it rise the 0.6930 and then 0.6966. There is no major fundamental news events coming from NZ this week.
As you see on the chart H4 above, this pair will be bullish again..........
By Andria Pichidi - February 13, 2019 RBNZ held the official cash rate at 1.75%, matching widespread expectations. RBNZ reiterated its pledge to keep the rate at the current level through 2019 and 2020. "The direction of our next OCR move could be up or down", they repeated. The statement for keeping rates low, for longer than what has been stated so far, along...
NZDJPY gives us a great opportunity to sell relative strength index indicate negative divergence and the last candle is engulfing