NZD STRENGTHit could be time to start looking for NZD strength
eur/nzd nzd/chf i'm currently in
gbp/nzd could drop from current position or push a little higher
6NZ2019 trade ideas
delta-Some buying and a stop huntWe see some good buying, MM are joining the move given the stop hunt. We want to see price move up if not consolidate in the area and i will be out or take out my sl then go up.
6N NZDUSD Long OpportunitiesIf the 4hr candle closes bullish we could be expecting a change in trend direction in the 6N/ NZDUSD pair as it will be confirming that the reversal of the previous impulse is over. It is important to watch carefully price action in the area in order to consider a trade.
Short 6N New Zealand DollarWell the sell at 50% of prior downmove (weekly high - weekly low)/2 + weekly low
triggered a short trade.
As this strategy works best on cryptos/ currencies/silver/bonds i entered a short trade.
Trailing the stop at prior days high if there is a new low...
NZD Test 3+1 Trend trading
+1 High time frame (1H ~)
+4 Using the moving average, Pivot, VWAP
+1 Candle Trading
Strategy Quality 7 / 10
Very interesting setup NZDHere is my 2nd setup of the week on the NZD Futur after a big success from the 1st.
Cup patern with handle + buying trendline.
A purchase is very likely from 0.6100 to 0.6250.
If the price comes down below 0.6050, you will have to be careful for a breath.
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NZD/USD push ?Hi everyone.
Here is my analysis on the new zealand dollar.
A very nice movement to take.
The 1st level would be to get the trendline (0.5900)
If break watch out for 0.5955 then direction 0.6060.
BE CAREFUL if it goes below 0.5840 we continue the descent 0.5800 then 0.5600
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NZDUSD Fundamental Analysis – August 26th 2019Here is the key factor to keep in mind today for New Zealand Dollar trades:
New Zealand Trade Balance: The New Zealand Trade Balance for July was reported at -NZ$685M monthly and at -NZ$4,463M 12-month year-to-date. Economists predicted a figure of -NZ$254M and of -NZ$5,012M. Forex traders can compare this to the New Zealand Trade Balance for June which was reported at NZ$365M monthly and at -NZ$4,937M 12-month year-to-date. Exports for July were reported at NZ$5.03B and Imports were reported at NZ$5.71B. Economists predicted a figure of NZ$5.05B and of NZ$5.20B. Forex traders can compare this to Exports for June which were reported at NZ$5.01B and to Imports which were reported at NZ$4.65B.
Here are the key factors to keep in mind today for US Dollar trades:
US Chicago Fed National Activity Index: The US Chicago Fed National Activity Index for July is predicted at 0.05. Forex traders can compare this to the US Chicago Fed National Activity Index for June which was reported at -0.02.
US Preliminary Durable Goods Orders: US Preliminary Durable Goods Orders for July are predicted to increase by 1.0% monthly and Durables Excluding Transportation are predicted flat at 0.0% monthly. Forex traders can compare this to US Durable Goods Orders for June which increased by 1.9% monthly and to Durables Excluding Transportation which increased by 1.0% monthly. Capital Goods Orders Non-Defense Excluding Aircraft for July are predicted flat at 0.0% monthly and Capital Goods Shipments Non-Defense Excluding Aircraft are predicted to increase by 0.3% monthly. Forex traders can compare this to Capital Goods Orders Non-Defense Excluding Aircraft for June which increased by 1.5% monthly and to Capital Goods Shipments Non-Defense Excluding Aircraft which increased by 0.3% monthly.
US Dallas Fed Manufacturing Activity Index: The US Dallas Fed Manufacturing Activity Index for August is predicted at -4.5. Forex traders can compare this to the US Dallas Fed Manufacturing Activity Index for July which was reported at -6.3.
Should price action for the NZDUSD remain inside the or breakout above the 0.6340 to 0.6410 zone the following trade set-up is recommended:
Timeframe: D1
Recommendation: Long Position
Entry Level: Long Position @ 0.6375
Take Profit Zone: 0.6585 – 0.6665
Stop Loss Level: 0.6580
Should price action for the NZDUSD breakdown below 0.6340 the following trade set-up is recommended:
Timeframe: D1
Recommendation: Short Position
Entry Level: Short Position @ 0.6315
Take Profit Zone: 0.6170 – 0.6235
Stop Loss Level: 0.6340
NzdUsd: False Breakdown Or Retest?Make up your own mind and go with it. The breakdown was decisive but decisive breakdowns usually keep on going. The move up is now right at the breakdown point. A firm close above this area will have me going long on Monday with a tight stop. However a breakdown from here will have me doing the opposite
NZD Futures The 50 MA And a Death CrossPrice has broken through major support. Also notice the death dross forming up. Breaking through 64. support look for 62 next before recovery.
High Probability Trade Setup for New Zealand Dollars FutureThe following are trades setup ideas in 15 mins chart for New Zealand Dollars Futures .
There are 2 distinctive dotted lines labeled as
1. AI's Intraday Resistance
2. AI's Intraday Support
These 2 Support and Resistance signal lines are generated by machine learning AI robots as a high probability trade setup for long or short.
If price action was ABOVE the AI intraday support line AND price closed ABOVE Pivot Point line, the idea is to LONG and take profit at Pivot R1 price region.
Instead of relying on 100% discretionary (human) trading, the robots will provide trade execution plan and it is entirely up to the human trader's decision to follow.
This is highly recommended to trade during Europe and US market hours for liquidity and volume for this product.
High Probability Trade Setup for New Zealand Dollars Future.The following are trades setup ideas in the 1 hour chart for New Zealand Dollars Future.
There are 2 distinctive dotted lines labelled as
1. AI's Daily Resistance
2. AI's Daily Support
If price action was above the AI Daily Resistance line AND price closed above the Pivot Point line, the idea is to long and take profit at Pivot Point R3 line around the $0.694 to $0.696 region .
Instead of relying on 100% discretionary (human) trading, the robots will provide trade execution plan and it is entirely up to the human trader's decision to follow.
NZD Analysislooking at the chart of NZD (N61!) daily/4hr. price has arrived back into daily supply, looking at a weak 4hr chat since we removed 4hr demand.
looking for a pullback to look for shorts.
707 Fib with 1618 Extensionconfluence of 707 and 1618 makes the 707 more likely to be a reversal zone
