newzealanddollar

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6302). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8360). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (68.15). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....

hey traders, very peculiar trading setup on AUDNZD . after a strong selloff, the pair has stopped setting new lower lows and for the last two days, the market was coiling within a narrow horizontal trading range. if bulls violate the range, I will buy the pair expecting bullish continuation to higher structure...

Completed head and shoulders pattern formation on NZDUSD . There is a high chance to see bullish continuation to higher levels of structure. Now we are waiting for a bullish breakout of a neckline to buy the pair. Target levels are based on structure: T1 - 0.6380 T2 - 0.6335 Please, support idea with like. Thank you!)

hey traders, I was paying close attention to GBPNZD these last two weeks. The reason is that the pair has recently approached a 2019's high and was strongly rejected. Sellers have been pushing the market to the support line of a rising channel and we see the complete reluctance of buyers to open long trades on dip, so the...

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.627. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.631. TP4: R2=0.6335. Set the stoploss of these orders at breakout of S2=0.626. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.0630 would begin in Midterm. We will close our open trades, if the Midterm level 1.0630 is broken. Technical analysis: While the RSI support #1 at 53 is not broken, the probability of price decrease would be too low. A peak is formed in...

hey traders, nzdusd is standing on a 6 years low on a weekly. recent false breakout of a previous structure low on a daily leaves us clues that bearish pressure is exhausted. currently, the market is started to contract within a symmetrical triangle formation - a clear indication of high indecision. though according to a...

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (67.950). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDJPY is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance....

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.631. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.636. TP4: R2=0.638. Set the stoploss of these orders at breakout of S2=0.63. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

Midterm forecast: While the price is above the support 1.0530, resumption of uptrend is expected. We make sure when the resistance at 1.0730 breaks. If the support at 1.0530 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 1.0530 is broken. Technical analysis: The ascending flag...

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.04517). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDNZD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support....

Midterm forecast: While the price is above the support 1.0275, resumption of uptrend is expected. We make sure when the resistance at 1.0630 breaks. If the support at 1.0275 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. Price is below...

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.6815). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EUR/NZD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.8571). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPNZD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance....

NZD/JPY - potential long opportunity. If the market retraced back down to the lower support level. A long (buy) opportunity will then become available. As you can see from the chart analysis. This currency pair has bounced off this support level, every time since 2009. this further supports a possible long entry. If you would like to find out more about our...

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0419). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDNZD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. ....