USDNZD: This is the first pair to show a clear bottom forming and with good prospects of a decent rally for dollar bulls..hate to chase things but this is an exception if you can handle the stop being left below today's lows...that way it's very unlikley to get hit in near term. This is a good trade by look of it ...check 1 minute chart and look to get long on...
We have finally reached the golden zone for a buy. I mentioned reaching this area in my previous post. As the week went by we saw the Dollar Index decline and this pair was doing the exact opposite of what it was supposed to do. The bulls allowed the bears to slowly bring price down to the .69300 area. That is the perfect place for a long term buy. for now i...
Lets see if we get it :)
USDNZD long haha. lets wait
After a profitable short position (See my earlier magic-t publish of NZDUSD). I have now updated it and the magic t. Currently the MT, volume and RSI is telling me we are going short again. But I will currently wait a bit to see if it will rebound. Keep an eye out for this one. It have been one of the more predictable pair. As a quick note. If it was actually...
Trade based only on MAs: 150 and 200MA crossing. Worth attempting short here. Let's see if only MAs themselves are a good trade strategy indicators (Well, we also have good resistance tested on 23rd Dec) Good luck
Wait pullback to the neckline, and we can sell under ~0.695 after breakout of support www.forex-tribe.com
Good money making opportunity on USDNZD, 2016 has been a bountiful year thus far
MACD & RSI Divergence, definitely losing momentum, looking for a sligh pullback and then short... thoughts?
On the weekend after the Trump victory, we have seen a huge increase in equity prices, with the DJIA reaching an all time high. This was to be expected with an across-the-board Republican victory, not only winning the White House but both houses of congress, a situation not seen since 1928. However, what was not expected from a protectionist was a rise in the...
USDNZD Long Opportunity: - 0.6 Fib from last leg - Hits Support from Mid September - Hits 200MA - Stoch and RSI oversold and pointing upwards - 150MA and 200MA crossing for bullish Risky though, keep a close eye on DXY, if trend and Fib broken here, could be good sell
15 Min Chart. Long. Stop at 1.37 Target: 1.381 Cancel: 1.3782 www.fxstreet.com www.fxstreet.com
Sell the break of the bottom TL aiming 50% FR of the special cycle or maybe even more. T1 06745 T2 0.6184 SL 2 pips + spread above last high before TL broke.
Break and restest of the 50 EMA Bounce off the pivot point Bullish Engulfing Upcoming news in NZ of consumer confidence could be a good boost or if negative could move the trade against us. risk/ reward 1:2 Stop below 50EMA and Pivot point. TP just before R1 but will need to trade through some previous resistance level at .70800 risk .5% Let me know your...
Gartley pattern on the USDNZD has just completed with very nice confluence in the 1.272 extension and 0.76 retracement. Very choppy market at the moment on this pair which suits swing patterns like this. Also seems to be a bit of consolidation at a bottom, also good for a Gartley pattern.