IMMHVWI - see vid. leave your comments. snipper entry.
NZDUSD is currently finding resistance at the key resistance level where the price tested recently. The failure to break and close above the previous swing highs suggests the buying momentum is falling short and we should expect a move back into the support lows.
In this video update, we take a look at NZDUSD as we expect to see further upside to the currency pair in the bigger picture. However, the price has come up to a key resistance level where we could see price retrace from. Recently price has broken out of an inverse head and shoulders pattern and we should expect the price to retrace back to the neckline for a long...
This setup has been in our watchlist from the morning.. finally found a possible good entry!
In this video update, we take a look at the NZDUSD as price approaches a key support area. The CoT signal remains the same for the kiwi and we can continue to look for long opportunities in line with that bias. Technically price is finding support at the left shoulder of the inverse head and shoulders pattern. If we see a bullish close we can look for a long...
In this video update, we take a look at NZDCAD as the price could be prepared to move over 1000 pips back into the range highs. The strength and weakness table suggest that the New Zealand Dollar is gaining strength and the Canadian Dollar is weakening. Technically the monthly timeframe shows price back at the key lows where we could see price move higher from.
In this video update, we take a look at NZDUSD in more depth as the price has rejected the key demand zone. The reason we entered this position in the first place was due to the significant build-up in long contracts on the commercials. Technically price formed a bullish inside candle at the key demand zone with RSI divergence.
The pair is seemingly forming an ABC pattern on the Daily time frame as the impulsive move to the downward. It is also respecting the downward channel on the bigger time frame. Meanwhile, on the 4hr chart, there is a nice supply level that has just formed which could be an ideal level to trade with. Please follow me on you tube: www.youtube.com
In this video update, we take a look at NZDUSD as the commitment of trader reports are highlighting the commercials increasing their long positions suggesting they think the NZD is at a good value to buy. NZDUSD technically is bearish and we would need to see price approach key support levels and reject in order to look for long positions.
The USD looks likely to move lower across multiple pairs and in this video we highlight the currency pairs of interest. USDCAD is high on our watchlist as well as USDNOK and USDSGD as these currency pairs are lining up technically with our bias.
Hey Guys! Here, I demonstrate all valid trade sets ups using our K2 Trading Strategy that appeared for NZD/USD on Tuesday, August 27, 2019! Enjoy! --GET ACCESS TO THE K2 TRADING STRATEGY BELOW-- k2-trades.teachable.com
Hello dear Forex friends, hope you're doing well guys! ;) The Kiwi is at a critical stage similar to the Aussie: We have only a few important levels left, before the 2008 financial crisis lows are lurking in the background. The Kiwi falling down to 60 Cents psychological would at the same time mean that we get oversold on the Weekly, which would be a great...
Price can still push a bit lower but we are anticipating a bullish reversal
EURNZD is on our watchlist as the euro gains in strength and the NZD loses strength. The daily timeframe is holding above the previous highs and looks likely to continue higher. The 4hr timeframe has re-tested the key moving averages giving us an opportunity to trade long into the next resistance zone.
The RBNZ cut interest rates by 50bps as they weigh up global risks. This did come as a slight shock to the market as we were forecast to see just a 25bps rate cut. The market saw this as a negative and pushed NZDUSD prices through the key lows. We expect to see further downside here in this market and will look for short opportunities on retracements.
In this video update, we take a look at NZDCHF as price hit targets on this trade this morning. Price has now completed the inverse head and shoulders pattern and could continue up into the weekly lows as kiwi continues to strengthen.
NZDUSD technical analysis and trading plan.