NZDUSD 1D Long Resistance: 0.74900 - 0.7500 This is not investment advice
Sell below 0.7292. Stop loss at 0.7314. Take profit at 0.7244. Reason for the trading strategy (technically): Price has reached our profit target yesterday and bounced up nicely. We prepare to sell once again below major resistance at 0.7292 (Fibonacci extension, horizontal resistance, Fibonacci retracement, channel resistance) for a push down to at least 0.7244...
Reasons to enter: 1. We can see that the price is ranging currently in the area of 0.681 ~ 0.785 (yellow box drawn), and it's about to break the box and go bull. 2. Currently, the buying power is still strong as no lower lows are formed at the daily timeframe(TF). 3. There's a daily resistance (green horizontal line) at the price 0.73210, and have been retested...
Sell below 0.7344. Stop loss at 0.7356. Take profit at 0.7301. Reason for the trading strategy (technically): Price is wow testing major resistance at 0.7344 (Fibonacci extension, horizontal swing high resistance) and we expect a drop from here towards at least 0.7301 support (Fibonacci retracement, horizontal pullback support). Stochastic (34,5,3) is seeing...
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
In line with scenario presented in analysis from last Thursday, NZDUSD broke the upper limit, which was the resistance of triangle formation and pair turned towards the target around 0.7319. There also we saw an inflow of offers, which led to effective rebound from this level. Downward movement is currently being continued, and the nearest support can be provided...
We will watch the NZDUSD structure as it's develop
It's not the cleanest, but still there. Possibly breaking out now, which could be why so many people are confused as to why their shorts are getting crushed. Just a quick idea. Didn't spend much time going over it.
NZDUSD currently in consolidation in uptrend after a strong impulsive leg, forming a pennant pattern. Long entry on 4h / 1h time-frame after breaking out from the pattern.
Waiting for nzdusd sell confirmation search sell after break trend in resistance aria
NZDUSD could resume its uptrend once the current consolidation period ends. NZDUSD has been climbing since mid-May. However, that rally has run out of steam and for the past few sessions the pair has traded sideways. That’s despite news last week of lower-than-expected GDP growth of 0.5% quarter/quarter in Q1. The data imply that GDP growth this year could be...
Hi. it's my 1st Idea that published here, after touching the resistance line i think it most have a down trend by according to support line. T/P points have been drawn by blue lines. Your feedback and comments can help me to do it better about fx.
NZD is playing in between wedge & it will break the trendline so i'll be on sell side because, 1. USD is getting stronger atleast for 1 or 2 week because of Fed rate hike. 2. NZD GDP q/q data come less then forecast. 3. So you can also go for buy JPY because it will also going to break it's falling wedge 4. You can go for Sell NZD/USD & Buy JPY/USD. Target is ...
... in a nutshell we will see a 25bps hike tomorrow as widely expected (95% odds) ... this will add colour to the policy equilibrium with inflation and employment both on track in the U.S -> with that being said, this decline will focus less on the interpretation of the hikes, instead the details will be in balance sheet, the rhetoric will be important as we...
NZD/USD on H1 chart shows current outbreak from a wider consolidation. In context of recent bullish trend, this can be read as a signal for continuation of growth. The price looks much more interesting at higher intervals. On daily chart we see that price has been respecting for a long time edges of a bearish channel. It is therefore logic that setting new highs...
NZD/USD on H1 chart shows current outbreak from a wider consolidation. In context of recent bullish trend, this can be read as a signal for continuation of growth. The price looks much more interesting at higher intervals. On daily chart we see that price has been respecting for a long time edges of a bearish channel. It is therefore logic that setting new highs...
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...