NZD

NZD/JPY has shown a decisive close above 200-DMA at 80.06 on Wednesday's trade, further upside on cards. Price action was rejected at lows on the day, the pair has held above 5-DMA at 80.16. The 'Bullish Cypher' pattern formed on daily charts keeps scope for upside. Technical studies have turned bullish, Stochs have shown a rollover from oversold levels. Weekly ...

Sell below 0.7290. Stop loss at 0.7335. Take profit at 0.7223. Reason for the trading strategy (technically): Price has reversed perfectly from our selling area and is approaching our profit target. We remain bearish below 0.7290 resistance (Fibonacci retracement, horizontal pullback resistance) for a further push down to at least 0.7223 support (Fibonacci ...

maybe just maybe ;-) a shs is forming ...break through trendline already done now give me a right shoulder and a neck break to get in... if you seek the risk try your luck in smaller timeframe when a right shoulder is formed ....or you stay patient until we see a neckline break of this small innerTrendline/neckline.. if we break through support the idea is gone ...

I have just entered short on the GBP/NZD pair, as price seems to be consolidating inside of a pennant. Price is bouncing off of the 200 MA on both the 4 four and daily chart where the 200 MA's meet. Daily stochastic indicates bearish movement and despite positive retail numbers, the GBP continues to go down.

Hi everyone: USD pairs took a big hit yesterday. WE are seeing all bearish momentum on USD pairs, and NZDUSD is looking very good for a long play. On the 1 hr chart we are seeing the price action breaks out of the falling wedge, and make a new high. I am looking for a pullback to form a higher low, Head and Shoulder pattern to go long. Targeting the 38.20% and ...

Sell below 0.7322. Stop loss at 0.7372. Take profit at 0.7223. Reason for the trading strategy (technically): Price is now testing major resistance at 0.7322 (Fibonacci retracement, horizontal overlap resistance) and we expect to see a reaction from this level for a push down to at least 0.7223 support (Fibonacci extension, horizontal swing low ...

Hi traders: Keeping an eye on EURNZD short now. WE can see that daily chart has a nice rejection off key resistance area of 1.6200 forming a nice double tops on the daily chart. When we break down the 4 hr chart, a trendline has been broken, and formed a lower low. Waiting for a pullback to confirm the first lower high is a good entry down to 61.80%. Thank you ...

The price bounces from the support zone formed by 79.500 level and the uptrend line. RSI confirms price reversal in the oversold zone. It's time to buy. Pending orders should be placed above 80.700 with stop orders below 78.900 level. Profit targets are at the resistance levels.

It would be nice if it drops 500 pips lol

NZDUSD ready to retrace the correction starting late 2015 with the zigzag abc's My DXY (dollar index) wave count seems to have more upside to it as well all in all a good elliott wave trade, trade safe and read short time period price action

Inspired by an indicator I found on stevehopwoodforex.com and the endless possibilities of tradingview.com I came up with this currency strength visualisation concept. *Please hit the zoom-out button once* (or more if you're feeling wild) This may look like a mess, but the last few "bars" on the chart are holding some useful information! I'm sure I'm not the ...

The only tools we are going to use are resistance and support Lines, trendlines, EMA 10 and EMA 20. The strategy step by step is the following: 1) In the 4hour chart we draw the support and resistance Lines of major levels. We also get an idea of the intraday trend. 2)Then, we are going lower to 1 hour chart. We try now to draw channels or trendlines. Again we ...

Disappointment at the latest GDT price auction weighs on the kiwi. NZD/USD dips into daily cloud. The latest dairy auction prices in New Zealand have shown a -0.4% decline to an average price of $3,339 per tonne. On the other side, USD remains bid on rising rate hike expectations this year on the back of strong retail sales data and Fed's Dudley's ...

I think we are to see one more dip to the downside, If you had traded this you are certainly sitting pretty, but this final wave will be volatile so exercise caution and allow for reasonable stops. Here is were we came from. https://www.tradingview.com/chart/NZDCAD/ROryYLFq-NZD-looking-like-it-could-slip-against-CAD/

Broke and retested the daily trendline + a supply/demand zone. Nice rejection, watching the price action at the current minor support zone.

Sell below 0.7258. Stop loss at 0.7286. Take profit at 0.7196. Reason for the trading strategy (technically): Price has broken our major support-turned-resistance level at 0.7258 and we prepare to sell below this resistance level (Fibonacci retracement, horizontal pullback resistance) for a further push down following our bearish channel momentum to at least ...

Aud/Nzd is on a trend heading upwards and it's respecting the support line. Bounced perfectly off the cloud and now we are looking for the 5th wave up.

The pair has been in a strong decline for the past 10 days now, and looking at the higher time frames there is no real reason for any counter-trend trades at the moment, which is why I'm considering a short position with the first small pullback we will see in the lower time frames. The primary target is the key level of 0.72220. When and if the price reaches ...