Risk management!!!!!
I see other possibilities in this trade, but just decided to publish this one because it has a more quality than the others and the probability than others.
NZD-USD is expecting to have reversal move from its current position. This can be observed via HEAD AND SHOULDER Pattern as well as the presence of Divergence. The trade setup is designed for a SHORT TRADE option for this FOREX Pair including a projected price.
Welcome . The New Zealand dollar pair is in a positive position. The pair is trying to form a head and shoulders pattern. It is a very strong model. This is just a proactive view of the market. and long term business.Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free...
Welcome . The New Zealand dollar pair is in a positive situation. There is a high possibility for the pair to rise. After breaking the flag. It has come out of the transverse rectangle. The pair is trying to retest the channel to resume the bullish trend . Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to...
NZDUSD is currently standing on horizontal resistance zone of 0.62750 where bulls are trying 4th attempt to breakout from the start of March.
The all previous attempt in March were made when EMA200 was above the price hence bulls were never strong. This time EMA is acting as support in favour of bulls to surpass this resistance.
We can witness upside in...
Hello traders!
‼️ This is my perspective on NZDUSD .
Here I expect price to go a little bit higher and then to reject from bearish order block + institutional big figure 0.63000. As well we could see a normal divergence formed which indicates bearish price action.
Like, comment and subscribe to be in touch with my content!
I am looking to short NzdUsd as it is retesting the previous support or resistance zone. It has already broken the long term trend line. The sell setup will no longer be valid if it fails to drop and rather breaks the above resistance
On the H1 timeframe, prices are showing a downward trend and bearish order flow, with lower lows and lower highs being formed. A pullback to a key support-turned-resistance zone at 0.6180, in line with the 38.2% Fibonacci extension, could present the opportunity to ride the drop to the support zone at 0.6120, which coincides with the 78.6% Fibonacci retracement...
NZD/USD picks up bids to pare intraday losses around 0.6175 during early Thursday. Even so, the Kiwi pair remains down for the second consecutive day after reversing from the 200-SMA and one-month-old resistance line the previous day.
The NZD/USD pair’s failure to cross the aforementioned key hurdles joins bearish MACD signals and the downbeat RSI (14) line, not...
NZD/USD is keeping its bullish momentum intact after hitting the low near0.6220 level. The NZD/USD advance comes on the back of US Dollar weakness amid falling US Treasury bond yields. The high beta currency was also kicked up by firmer equity complexes from the last three days.
The US Dollar-driven move underpinned the pair, earlier in the week, after the recent...
Clean NU sells that are lining up with my trade plan and a clear target of last weeks weekly low. I am not in this yet, this is a sell limit trade waiting for another sweep into the key area. Lets see...
OANDA:NZDUSD
NZDUSD trading in a downward channel. Price gave a double top pattern on 4H timeframe on a previous support zone which now became a resistance zone.
Investor anxiety ahead of the release of US Nonfarm Payrolls (NFP) data has caused the NZD/USD currency pair to fall below 0.6100. The USD Index has rebounded strongly, indicating a recovery in the risk-off sentiment after correcting near 105.13. An increase in the labor cost index could confirm Federal Reserve (Fed) Chair Jerome Powell's fears of persistent...
It is another quiet Asian session for the AUD/USD and the NZD/USD. There are no material stats from Australia for investors to consider this morning. The lack of stats will leave investors to dissect Fed Chair Powell’s testimony and today’s US Jobs Report. Another hot US Jobs Report would pressure the Aussie and Kiwi. Following recent forward guidance from the...
Hello traders!
‼️ This is my perspective of NZDUSD .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional mid figure 0.62000.
‼️Attention!!! Due to the fact that we have news events on USD tomorrow, the...
Price is in a consolidating phase in the form of a bearish flag pattern. If the pattern holds there will be a continuation for price movement to the downside. So,
I'll be considering
A Risk entry type at the top of the bearish flag structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
...
The NZD/USD pair is facing downward pressure and is currently approaching the round-level support of 0.6100. This is due to US President Joe Biden's recent proposal to increase corporation tax from 21% to 28%, as well as implementing a 25% billionaire tax and levies on rich investors. These measures are expected to contract fiscal policy and restrict the Consumer...
