Hi traders! As I looked through my charts this morning, NZDUSD spoke to me. I'm seeing a head and shoulder pattern forming on the daily time frame! I'm torn though because I don't see the USD getting stronger but the NZD can make a case for itself to be a weak currency at the moment too. MACD is almost crossing and RSI bounced off the 50 line. The RR is pretty...
Pending Long @ 0.6990 Stop Loss @ 0.6785 Target @ 0.7560 RR Ratio @ 2.78 Head Shoulder Neck Line Break out also possible to go short but i prefer the long side. Trading involves substantial risk of loss. I'm just providing insight into what trades I'm taking.
When I missed to enter a long trade setup on NZDUSD, I was really annoyed of not being able to find any mind-easing entry point due to the pushes it has been doing. However, thanks to the recent drop of this pair, I finally had an opportunity to enter with a tight stop and a wide aim! Some traders have a mindset that once a strong impulse of bear occurs, they ride...
Nothing is standing in the way of the bulls now. Resistance has been met and price doesn't fall down. DXY still making new low everyday. NZD and AUD didn't quite catch that upside that other pairs got last friday. I'm expecting a push up yet again! We have to wicks that retraced back into our zone as it tried to break down but was unsuccessful. NZDUSD...
Hi there, The NZDUSD on the 4H chart might be opening an opportunity for us in the next 1-2 days. We can see a trendline to the upside and will now wait for a break of this trendline with a bearish candle (preferably a strong push). Some people might want to enter after the break, but I highly suggest to either be patient or to enter with a half position. I...
Hi traders! A weekly chart! We need to see the bigger picture here. I finally see NZD pushing through these bearish time to get back up to a new zone in of interest. You can always catch similaties between this and the AUD. The AU has been able to push on last friday and I can easily NZD trying to do the same this week. NU hasn't been able to close either daily...
Now is beginning to look more like never relative to Bearish Cypher as the cup handle appears. #FFT
Hello, Our trades have been looking good this week, for this NZDUSD pair we are looking for price to continue to the upside, with the 4HR trend previously broken and continuing bullish. We are looking at an opportunity at the 1HR pullback and trend break for us to enter a trade www.blueprintforex.com
NZDUSD failed to reach the expected levels of 0.74 and bounced of a major resistance level. We have the opportunity to short from here with the possibility of a 300 pip trade for the longer term. This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves...
Shorting based on : 1)Signal generated at the top of channel 2)RSI divergence 3) we are about to break a trendline Short active once we break both trendlines, purple and dashed yellow. to be on the safe side, wait for a candle to close below the 2 trendlines in 4 hour time frame.
Hey guys! We shift our focus on the NZDUSD this week. We have a great RR trade here. See the chart for the analysis. Also it is important to mention that the RSI and MACD are telling us that we have stalled in this uptrend. Maybe the drop isn't imminent as these indicators can stay high longer than a trader can hold a position but we will have a correction coming...
Sell below 0.7324. Stop loss at 0.7347. Take profit at 0.7262. Reason for the trading strategy (technically): Price dropped perfectly from our selling area yesterday and is on track to our profit target. We prepare to sell again 0.7324 resistance (Fibonacci extension, horizontal swing high resistance, bearish price action) for a push down to at least 0.7262...
AB=CD has completed its a sell opportunity with good Ratio and long position
We see AB wave completed, now CD wave in process. We short this pair from current level and book profit at 0.6970. We post analysis on lower time frame during the week to further elaborate it. Let's Watch !!
Hello everyone, Seildev here for another brief Analysis on NZD/USD: - Respected daily resistance from 7th/Nov/2016 - Weekly resistance at 0.7300 since 20th/June/2016 - 0.7300 Psychological number - Nice doji candle forming at daily For aggresive approach - Area of interest to short around 0.7265 For conservative approach - Area of interest to short after daily...
I apologize for the delay of the post as I have just arrived home and I can only enter trades at my mobile and can't publish anything at tradingview via phone. From the previous weeks long ago, we've seen the continuing strong decline of the New Zealand Dollar against several of its Forex pairs... and that changes today. This Forex pair has been on a bull attack...