At the moment we are at a crucial Resistance level for NZDUSD. If it manage to break the level we could see a raise to around 0,69200. If the Resistance won't be broken we could see a drop to around 0,68500. Goodluck trading and follow me for more of my analysis!
After the recent NZD bullish run. The bulls are showing some weakness this might be the entry for the bears. OANDA:NZDUSD
Nzdusd - Daily timeframe - Pullback due for this pair, expecting a sharp decline into the nearest fresh demand zone. great risk to reward on this trade
SEE CHAT FOR ENTRY
TARGET: 47 PIPS TP1: 0.67576 TP2: 0.67320 SL: 0.68515
First target: 0,67500 Second target: 0,67100 Goodluck!
NZDUSD has retraced to Fibonacci retracement level of 0.618 . I am now expecting a drop down to around 0.67060 Also Stoch RSI is going into overbought territory. once it crosses the red line i am expecting another move up See previous analysis SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
1. Pullback and Retest of weekly neck line structure that has been well respected. 2. Good RR. 3. Rejection at 0.618 fibs level.
FX:NZDUSD H1 time frame my Forecast and trade setup.
1. Breaking down of a double inside bar formation. 2. Lower close of previous low identified in 1 hr bar. This gives us an entry signal 3. Rejection from structure. Unable to close above structure and above the 0.618 fibbs level. *Did not include fibbs level as it would look too messy in the hart 4. RR is good for this set up.
My algorithm just generated an instant SELL signal for NZDUSD at 0.65312 Stop loss at: 0.65744 TP1: 0.65080 TP2: 0.64809 TP3: 0.64327 Feel free to follow or comment.
NZD/USD has broken under the 50 EMA on the 4H timeframe and has failed to move back up. We can expect NZD/USD to fall further below down as long as the 50 EMA on the 1H Chart stays unbroken. Trade safe.
WOW WOW WOW. hope you guys saw the last analysis. now NZDUSD has retraced to Fibonacci retracement level of 0.236 as previously surmised. i am expecting this to continue the move up Also Stoch RSI is going on the way up. H4 = BUY See previous analysis I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
NZDUSD break Previous Structure Keep watch... Must watch retest then enter the trade Trade Manageable Lot size SL 30 Pips for your entry
NZDUSD short expect Keep watch
Price found resistance on the long term down trend line. Broke the correction, retested it and left a pinbar followed by and engulfing candle. I`m going short.
nzdusd is getting ready for a short.. high probability trade, the price is approaching supply and to spice it up , spotted bearish divergence on hourly chart.. please make sure to TP at each target coz market can flip any time. Please hit like, share and follow for more ideas. Vinny