Now in profit with trailing stop above entry.and banking some pips
Again market´s are slow this week, we have been eyeing this setup for a little, we hope it will complete before news time tomorrow at 13:00 CET, if now we will probably remove orders, but i will notify if i do. It´s a countertrend opportunity on the NZDUSD stops are below structure support, PRZ entry level at 0,68574 targets are at 0,68782 Kind Regards Thomas Jeff
In complete contradiction to my post a few days ago (linked related idea) we move out to a higher time frame and we see that the price 0.68736 is currently sitting on: 1) support on the upwards channel 2) previous resistance which may turn into support As usual, we'll await price actin to confirm if a higher high is formed here, or if the channel breaks to the down side.
What to expect from NZDUSD? The tone is neutral on the day patiently waiting on a move to either side. My technical bias is to the up side if the certain conditions are met. 1. Price consolidate around the resistance turn support 2. RSI holds above the 50-line 3. Stochastic makes a bullish cross Risk events: Tuesday- 17:45 NZD Trade Balance (YoY) (Mar) ...
I took a long trade on the divergence on the 2hr chart. Will trail a stop if it plays out. Please post your own thoughts and comments.
NZD: RBNZ likely to keep OCR steady next week - ANZ Research Team at ANZ, sees the RBNZ maintaining the OCR at 2.25% next week. Key Quotes "We are not buying into the notion that recent developments, particularly the rising NZD, bring an April cut into play. While the March surprise highlights the potential for another, the RBNZ has expressed a preference...
Morning chaps.... Long term view on nzdusd moving forward, if this channel and .236 fib is broken earlier than expected, no-brainer to be short till .62636 www.tradingsignalreviews.com
NZDUSD is trending up, with EMA 25/50/100/200 showing uptrend, as well as RSI trending up, MACD having a reduction of short pressure and SM is trending up with higher tops and higher lows. As such I will enter one position at .696, as well as a three orders at fibonacci level 38.2, 50 and 61,8. These fibonacci levels are close to the EMA levels, which should...
expecting NZD to regain ground that was lost last week
After retesting support 0.6840 I believe this pair is aiming all the way towards 0.71 - 0.72. SL 2 pips + spread below last low. Around 0.6820
NEW TO TRADING; HOWEVER, STARTING TO BECOME PROFITABLE; HERE IS A TRADE IM THINKING ABOUT TAKING
Looking for price to retrace a little further then continue it's way up once more
well, Thiis is just My assumption about NZDUSD movement . hope NZD well goes like my guessing haha !
Details on chart.
price goes back to former resistance now support, idea is for it to bounce and continue moving forward