fxnorseman

fxnorseman

Trend: Sideways/down Price might drop to a fresh demand zone around 0.6609 There is no fresh zones for the kiwi to move upwards tonight. News: Consumer goods news was good today for the US DOLLAR. This might get factored into the NZDUSD price tonight, helping push the kiwi lower to a fresher demand zone. Make sure to get out of trade before 8AM. There is an...

fxnorseman

Weekly chart for NZD: Price still looks moderately expensive Trend on Daily: Sideways look for shorting opportunity where a market short will work. If price does make a rally... it will be a small rally to a price point probably around 0.6726

fxnorseman

My Odin's eye seems to see the potential for a scalp trade tonight around 27 pips. 1st take profit zone is around 0.6712 Odds enhancer: The US dollar looks like it can potentially move up to around 97.62 We could also see price jump up to a supply zone around 0.67717. If price retraces to this zone, then it would be a good shorting opportunity. AXE YOUR...

fxnorseman

Trend is up NZD CPI hit its projected forcast (good for kiwi) Price is headed to supply zone around 0.6800

fxnorseman

Trend on daily chart is sideways to down price is dropping out of a supply zone on 4hr chart Price on weekly chart is closer to supply zone = this means the euro is in expensive territory

fxnorseman

PRICE ON WEEKLY CHART IS CLOSER TO A SUPPLY ZONE TREND IS SIDEWAYS TO DOWN ON DAILY CHART POSSIBLY CAN SEE PRICE DROP TO A DEMAND ZONE AROUND 121.760

fxnorseman

EURUSD price looks like it will fall into a demand zone around 1.1153 DXY the dollar index looks like it will be in a up trend for a little longer

fxnorseman

The kiwi is still showing signs of a down trend for at least the next couple of days. We can see price move down to a demand zone around 0.6540 I am looking at a possible short at market price

fxnorseman

NZDUSD possible short. My setup is Entry 0.6677 Stop 0.6699 Take profit 0.6588

fxnorseman

The trend of eurusd is in a down word swing. The dxy shows that price is about to hit an area of supply. A lot of room for a swing trade to the down side.

fxnorseman

Looking at the weekly chart, price is closer to an area of supply. And trend is sideways to down on the daily chart. MACROECONOMICS: Manufacturing data last month has also been reflected in the price. Which is still showing a move to the down side. Trade will be taken off of a 240 min chart.