Our preference: short position below 0.6915 with targets at 0.6870 & 0.6850 in extension.
Alternative scenario: in excess of 0.6915, aim for a continuation of the increase with 0.6950 & 0.6970 in the line of fire.
Comment: as long as 0.6915 is resistance, trading range with a bearish bias.
i am enter long right now at 0.6843 for targeting 0.6895 and 0.6940
even bad trade balance and new monetary policy i think it will be time to Nzdusd to get a great pullback
he is much oversold in daily time frame
he just touch a big weekly and monthly support
entry at 0.6842
target in 2 step with 2 opening position
target 1 = 0.6895
target 2= 0.6940
even a...
The nzd is around the down T-line july 2017 and the long up T-line from Sept 2015
SO technically i see a rebound on this technical cluster/area
i also think the qell-off of the NZD will be done for a short term coz is onli on a speculation of a singapor style monitary policy that is quiet impossible to do for New Zealand
Aslo even is political problem of...
Hey traders!
NZDUSD pulled off a classic retracement while pretending to run on fake bull legs! All other pairs seem to concur on this one. NZDUSD though is nicely placed and the RR is very nice... So I will be starting with this one
Here's what I'm thinking :
NZDUSD SHORT
ENTRY : 0.7187
SL : 0.72533
TP : 0.69908
Trade safe!
Disclaimer: This is my...
Hi traders,
(This trade was already suggested to students)
Here is a very simple analysis!
PA touched the resistance turned support. A weekly one that is!!
MACD is getting that nice divergence
RSI reversal
FOMC news dropped confirming trend
For all those reasons.. Here's what I see:
NZDUSD LONG:
ENTRY : 0.7076
SL : 0.70197
TP : 0.72889
Trade...
nzdusd under pressure,but he is on monthly support and also monthly ma20
so i expect a pullback short time.
enter at 0.7090
target 0.7152
61 pips potential gain
made a tiny STOP LOSS
Hi traders,
Our dear friend NZDUSD is now in our sight. This pair was in an uptrend for some time before breaking it to the downside. As you can clearly see the price went back to touch the bottom of the previous trend line before falling down yet again. The price is now battling in that order block. Since the bias is bearish at the moment, we waited for a...
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Pending Long @ 0.7235
Stop Loss @ 0.7160
Target @ 0.7385
RR Ratio @ 2.0
Trading involves substantial risk of loss. I'm just providing insight into what trades I'm taking.
We are still in bigger consolidation, if you are long on this pair it could be a short term trade to the upside for this week.
Trade with care
Good luck!
Hi traders!
As I looked through my charts this morning, NZDUSD spoke to me. I'm seeing a head and shoulder pattern forming on the daily time frame!
I'm torn though because I don't see the USD getting stronger but the NZD can make a case for itself to be a weak currency at the moment too. MACD is almost crossing and RSI bounced off the 50 line.
The RR is pretty...
