nzdusdsell

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 ...

We take SHORT position from the current level and book profit @ 200 PIPS Let's Watch !!

We hope that our analysis can help you in your trading. This is an update for NZD/USD, it is predicting for PRICE BREAKOUT. It would be a great idea to SELL on 0.73476 and place your TARGET at 0.73075

Watching the Kiwi to see if the 50% fib level can hold. If this level can provide a decent amount of resistance then I'm looking for price to move back down toward the long term moving averages

NZDUSD on the 4 hour time frame shows a nice double top thats going down. a long this way down it has also broken the support level, fueling a further sell off. Stoch also looks right for it. I also did a quick peek on the daily and here you can see that the previous low has been broken and Stoch makes a bearish crossover. so we can be at the start of a nice sell ...

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 ...

Buy above 0.7461. Stop loss at 0.7401. Take profit at 0.7549. Reason for the trading strategy (technically): Price is approaching major support at 0.7461 (Fibonacci retracement, horizontal pullback support, Fibonacci extension) and we expect to see a nice bounce above this level for price to reach at least 0.7549 resistance (Fibonacci extension, horizontal swing ...

Sell below 0.7528. Stop loss at 0.7560. Take profit at 0.7461. Reason for the trading strategy (technically): Price has continued to rise and is now seeing strong resistance at 0.7528 (Multiple Fibonacci extensions) and we expect to see a corrective drop from this level to at least 0.7461 support (Fibonacci retracement, horizontal pullback support). Stochastic ...

Sell below 0.7423. Stop loss at 0.7461. Take profit at 0.7332. Reason for the trading strategy (technically): Price has finally properly broken our key support level at 0.7423 (Fibonacci retracement, horizontal overlap support) and we plan to sell below this level for a push down to at least 0.7332 support (Fibonacci retracement, horizontal swing low ...

Sell below 0.7423. Stop loss at 0.7461. Take profit at 0.7332. Reason for the trading strategy (technically): Price is hovering above key support level at 0.7423 (Fibonacci retracement, horizontal overlap support) and we plan to sell on the break of such a key support for a push down to at least 0.7332 support (Fibonacci retracement, horizontal swing low ...

NZDUSD MY THOUGHTS

Sell below 0.7367. Stop loss at 0.7391. Take profit at 0.7300. Reason for the trading strategy (technically): Price has bounced up and reached our profit target perfectly. We prepare to sell below major resistance at 0.7367 (Fibonacci extension, horizontal swing high resistance, Elliott wave theory) for a drop from this level towards at least 0.7300 support ...

NZDUSD stop at february resistance around 0.7371. Bearish will take a new position if the trendline breakdown with fibonacci .618 as new destination. last confirmation need at break down trendline, 250 pips will be a good reward at 0.7050 profit target _____________________________________________________________________________________________ leave "like" if ...

Buy above 0.7244. Stop loss at 0.7213. Take profit at 0.7299. Reason for the trading strategy (technically): Price is approaching major support at 0.7244 (Fibonacci retracement, horizontal overlap support) and we expect a bounce above this level to at least 0.7299 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic (21,5,3) is ...

Buy above 0.7326. Stop loss at 0.7296. Take profit at 0.7398. Reason for the trading strategy (technically): Price has formed a new Elliott structure leading us to believe that we should be seeing one last push up before a drop. The goal is to buy above 0.7326 support (Fibonacci retracement, horizontal overlap support) for a push up to at least 0.7398 resistance ...

NZDUSD reach channel down resistance, its time to enter short position with target at channel down support (0.6802) if we take stoploss level above Sept'2016 resistance (0.7486), This setup aim for 565 pips with 4.7 R/r ratio

Sell below 0.7345. Stop loss at 0.7372. Take profit at 0.7289. Reason for the trading strategy (technically): Price has risen and reached our profit target perfectly from yesterday. We prepare to sell below major resistance at 0.7345 (Fibonacci extension, bearish price action, horizontal swing high resistance) for a drop to at least 0.7289 support (Fibonacci ...

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.