Hey guys! We shift our focus on the NZDUSD this week. We have a great RR trade here. See the chart for the analysis. Also it is important to mention that the RSI and MACD are telling us that we have stalled in this uptrend. Maybe the drop isn't imminent as these indicators can stay high longer than a trader can hold a position but we will have a correction coming...
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...
Possible short opportunity. Still waiting for a clean break of the support line. Not yet in this trade. Disclaimer: This is analysis and is not meant to be taken as confirmation for trading this pair
Hello Traders ! I was watching the impulse of this pair since too long and I think its the best time now to sell this pair . For me Correction have to come so Traders can take an open chance over this setup thanks.
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
We see AB wave completed, now CD wave in process. We short this pair from current level and book profit at 0.6970. We post analysis on lower time frame during the week to further elaborate it. Let's Watch !!
Hello everyone, Seildev here for another brief Analysis on NZD/USD: - Respected daily resistance from 7th/Nov/2016 - Weekly resistance at 0.7300 since 20th/June/2016 - 0.7300 Psychological number - Nice doji candle forming at daily For aggresive approach - Area of interest to short around 0.7265 For conservative approach - Area of interest to short after daily...
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...
... 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...
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...