NZDUSD has bounced up perfectly from our 1st support and reached our major resistance from Friday. We’re now seeing major resistance at 0.7276 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) and a strong drop could occur from this level to push price down to at least 0.7186 support (Fibonacci extension, horizontal swing low...
Buy above 0.7312. Stop loss at 0.7256. Take profit at 0.7436. Reason for the trading strategy (technically): Price continues to test our buying area and ascending channel support. We think that it might be doing a fake breakout now because RSI has not broken below 51% yet. We remain bullish above major support at 0.7312 (Fibonacci retracement, horizontal overlap...
Buy above 0.7312. Stop loss at 0.7256. Take profit at 0.7436. Reason for the trading strategy (technically): Price tested our buying area and ascending channel support and had bounced up really nicely as expected. We remain bullish above major support at 0.7312 (Fibonacci retracement, horizontal overlap support, long term ascending support, bullish price action)...
Sell below 0.7188. Stop loss at 0.7280. Take profit at 0.7041. Reason for the trading strategy (technically): Price is starting to drop nicely below our major resistance at 0.7188 (Fibonacci retracement, horizontal overlap resistance, bearish divergence) and we expect price to push down to at least 0.7041 support (Fibonacci retracement, horizontal pullback...
On the daily time frame NZDUSD has reached a nice resistance. The indicators also have seemed to reach their top and are running out of steam reversing back down for a next bearish wave. How ever its all still fresh. If youre an early bird you could sell NZDUSD now with a 70 pip stop loss and target 0.7025 If you prefer less risk then wait for the next daily...
Hi traders, I had this analysis done yesterday and now sharing it! DXY TOPPED AGAIN NZDUSD CAN'T CLOSE UNDER ORDER BLOCK HIGHER LOWS DIVERGENCE STARTING NZDUSD LONG: ENTRY : 0.68603 SL : 0.67733 TP : 0.7296 Trade safe! Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade
ITS A SHORT TRADE BUT LETS SEE HOW IT GOES. AFTER IT HIT OUR TARGET WE MIGHT SEE A STRONG BEARISH MOVEMENT TOWARDS MY EXTENDED FIBONACCI AREA..
Hi traders, Due to personal health problems, I'll keep this short. I still wanted to update you with some forex analysis for the support you all shown me. WEEKLY CHART = LONGER TERM TRADE NZDUSD LONG: ENTRY : 0.68332 SL : 0.67462 TP : 0.72689 Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade
Hi traders I am on mobile right now so it's hard to do this. I'll update the analysis later down below. I just wanted to share this opportunity with you all. Here is a chart I drew earlier. Trade safe! Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade
Bull Cypher pattern complete. Will the Greenback show weakness against the Kiwi during this news heavy week?
NZDUSD is showin a possible bullish reversal on most time frames. This reversal can lead this pair back to 0,7000 and higher. So nice pips can be made. A break of the support at 0.6824 will trigger further sell of. So in case the bullish reversal is rejected you can sell if this support breaks, stay versatile dont just focused on one direction but for now a buy is...
Hi Everyone. Watching this pair since too long and I think it's a good time to buy NZDUSD now. No more explanation needed because if you look Thoroughly into the chart , you will get your all answers thanks
hello dear traders as we see we will try to swin againt the trend and try to think as MM . lets hope the best . the sl is not really a sl but its only to know that if the price close under this price than we dont enter . good luck .
Hi traders, (This trade was already suggested to students) Here is a very simple analysis! PA touched the resistance turned support. A weekly one that is!! MACD is getting that nice divergence RSI reversal FOMC news dropped confirming trend For all those reasons.. Here's what I see: NZDUSD LONG: ENTRY : 0.7076 SL : 0.70197 TP : 0.72889 Trade...
NZDUSD is nicely bouncing back from the upper range on the 4 hour time frame SL: 0.7260 TP: 0.7140