The US dollar has been making a slow recovery, especially if you look at the DXY. A lot of my USD pairs I'm in short this week. Anyways, This pair has impulsed down and making a flag formation, it could either go up or down. On the daily it looks like the formation of a morning star to the upside. If it does will be looking for a short at the triple top area on...
Currently, NZD/USD is trading at 0.6289. The pair is trading in an up trend from 18th May after breaking resistance level at 0.5964. Although, the pair has already touched its first target and second target. It may start a new down trend if it breaks the support level at 0.6210. Do follow us for future Forex trend analysis. Thank you, Rishikesh Lilawat
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Heres my analysis on NZDUSD before the week gets started. enjoy a free signal. trade at your own risk. SELL Symbol: NZDUSD Entry: 0.6100 (Sell limit) Best Entry: 0.6125 (Sell limit) Stop Loss: 0.6180 (-80 to -55 pips from B.E.) Take Profit: 0.594 (+160 to +185 pips from B.E.) Take Profit 2: 0.585 (+250 to +275 pips from B.E.)
Heres my analysis on NZDUSD before the week gets started. enjoy a free signal. trade at your own risk. SELL Symbol: NZDUSD Entry: 0.6065 (Sell limit) Best Entry: 0.6085 (Sell limit) Stop Loss: 0.611 (-45 to -25 pips from B.E.) Take Profit: 0.5995 (+70 to +90 pips from B.E.) Take Profit 2: 0.5925 (+140 to +16 pips from B.E.)
Heres my analysis on NZDUSD before the week gets started. enjoy a free signal. trade at your own risk. BUY Symbol: NZDUSD Entry: 0.5925 (Buy Limit) Best Entry: 0.5910 (Buy limit) Stop Loss: 0.5895 (-30 to -15 pips from B.E.) Take Profit: 0.5975 (+50 to +65 pips from B.E.)
wait and observe price action near that blue resistance. if price holds that area of value as resistance, look for valid short entries on lower time frames. if price breaks out, wait for retest on upper trend line (now acts as support), look for valid long entries. dont forget to manage ur risks and set ur stop loss. good luck!
Heres my analysis on NZDUSD before the week gets started. enjoy a free signal. trade at your own risk. SELL Symbol: NZDUSD Entry: 0.6155 (Sell limit) Best Entry: 0.6185 (Sell limit) Stop Loss: 0.621 (-55 to -25 pips from B.E.) Take Profit: 0.6085 (+70 to +100 pips from B.E.) Take Profit 2: 0.602 (+135 to +165 pips from B.E.)
NZDUSD has just approached a strong support level, and I see a short term bounce from the current 0.61050 level, for a TP level of 0.61200, which is it's next resistance level. I don't see it making a bigger move in the near term, since it seems to now want to consolidate for a bit.
Not much dollar strength about but the NZD, one of my favourite SELLING currencies seems to be faltering. For several sessions the BULLS have struggled to force the price past recent highs at .6102 and my specialist indicator is flagging a moderate SELL on this pair. For a risk of 36 pips and a target of 146 pips - this looks a reasonable trade in the current thin...
Here is my short setup for NZDUSD based on the previous resistance area as key level. You'll find a sell engulf at the zone as well. Happy trading.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. The Djinn Indicators work on all charts, for any asset category and in all time frames. Dates in the future with the greatest probability for a price high or price low.
NZDUSD 4H A close below the trend line confirms the downward continuation trend. with Target at the 161.8% fib Level. A break above the Counter Trend line confirms the Bullish Trend Reversal. will update if that's the case.
Lets have another opportunity here in NZDUSD Entry : 0.6475 Stop Loss : 0.6445 Take Profit : 0.6631 Remember to follow my updates for future changes in trade setup and trend analysis in lower timeframes.
Everything seems clear on #NZDUSD confirmations. 0.64 could be a good point to begin longs TP 0.6440 SL 0.6314