Joe Gun2Head Trade - NZDUSD Bear flag on 60minTrade Idea: Selling NZDUSD
Reasoning: Short term top pattern and bearish flag
Entry Level: 0.6350
Take Profit Level: 0.6289
Stop Loss: 0.6376
Risk/Reward: 2.21:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Kiwi
Joe Gun2Head Trade - Swing failure on the dailyTrade Idea: Selling NZDJPY
Reasoning: Swing failure on the daily, looking for lower prices
Entry Level: 87.27
Take Profit Level: 86.37
Stop Loss: 87.68
Risk/Reward: 2.15:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
EURNZD - Selling at trend resistanceEURNZD - Intraday - We look to Sell at 1.6559 (stop at 1.6599)
Trend line resistance is located at 1.6560. Bespoke resistance is located at 1.6570. Our short term bias remains negative. Preferred trade is to sell into rallies.
Our profit targets will be 1.6459 and 1.6439
Resistance: 1.6520 / 1.6570 / 1.6600
Support: 1.6470 / 1.6430 / 1.6400
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
EURNZD - Selling into ralliesEURNZD - Intraday - We look to Sell at 1.6569 (stop at 1.6609)
Trend line resistance is located at 1.6570. Bespoke resistance is located at 1.6570. Our short term bias remains negative. Preferred trade is to sell into rallies.
Our profit targets will be 1.6469 and 1.6449
Resistance: 1.6470 / 1.6520 / 1.6570
Support: 1.6430 / 1.6400 / 1.6370
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
$NZD - Trade idea!$NZD - Trade idea!
Another day, another great opportunity for us traders to take advantage of. Don't forget to have patience...
What a clean set up! Clear levels in a break to either direction - add alerts in, add orders in - whatever suits your own trade plan!
Enjoy,
Trade Journal
$NZD - Where to next?$NZD - Where to next?
Here is the great element of trading us traders can take advantage of even we are within ranges - there are still opportunities. Here's a clear view of the levels it can go towards.
Today we have PPI which will move the markets and next week we have FOMC - Take advantage of the moves and data that's coming through whilst sticking to your OWN trade plan.
Best,
Trade Journal
EURNZD - Intraday rallies continue to attract sellers EURNZD - Intraday - We look to Sell at 1.6649 (stop at 1.6689)
Trend line resistance is located at 1.6660. Prices expected to stall near trend line resistance. We look for a temporary move higher. Preferred trade is to sell into rallies. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Our short term bias remains negative.
Our profit targets will be 1.6549 and 1.6539
Resistance: 1.6570 / 1.6600 / 1.6640
Support: 1.6530 / 1.6480 / 1.6420
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NZDUSD - Bullish ChannelNZDUSD - Intraday - We look to Buy at 0.6300 (stop at 0.6225)
Previous support located at 0.6300. Previous resistance located at 0.6400. There is no clear indication that the upward move is coming to an end. Risk/Reward would be poor to call a buy from current levels. A move through 0.6350 will confirm the bullish momentum.
Our profit targets will be 0.6450 and 0.6500
Resistance: 0.6400 / 0.6450 / 0.6500
Support: 0.6300 / 0.6250 / 0.6225
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NZDJPY - Buying dipsNZDJPY - Intraday - We look to Buy at 85.75 (stop at 85.10)
Previous support located at 86.00. Previous resistance located at 86.80. Indecisive price action has resulted in sideways congestion on the intraday chart. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 87.25 and 87.50
Resistance: 86.80 / 87.00 / 87.50
Support: 86.00 / 85.75 / 85.25
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Joe Gun2Head Trade - Range play on GBPNZDTrade Idea: Buying GBPNZD
Reasoning: Trading in a range on the 60min chart
Entry Level: 1.9226
Take Profit Level: 1.9452
Stop Loss: 1.9180
Risk/Reward: 4.95:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
EURNZD - Our short term bias remains negative. EURNZD - Intraday - We look to Sell at 1.6827 (stop at 1.6867)
Our short term bias remains negative. Preferred trade is to sell into rallies. 20 1day EMA is at 1.6827.
Our profit targets will be 1.6727 and 1.6707
Resistance: 1.6740 / 1.6800 / 1.6830
Support: 1.6700 / 1.6670 / 1.6640
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NZDUSD short ideaAs you can see from this markup we have locked into nearly all areas from our push down.... meaning the only areas are the liquidity above and below our highest zone!
so following what we know of interlocking structures the lower move would be next... taking us out of our retrace move and back into our trending structure move....
Reaching lower would give us 3 targets including the swing low after the first areas had been met!
If you like this idea let us down below with a like & share!
Joe Gun2Head Trade - Selling NZDCHF into major resistanceTrade Idea: Selling NZDCHF
Reasoning: Selling NZDCHF into major resistance
Entry Level: 0.5895
Take Profit Level: 0.5802
Stop Loss: 0.5930
Risk/Reward: 2.67:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
NZDUSD belatedly breaks up after hawkish RBNZ, broad USD selloffNZDUSD looks to have taken out resistance capped just below 0.6230, which may set the stage for upward extension toward resistance in the 0.6352-0.6469 zone. Reclaiming a foothold below 0.6150 now seems necessary to neutralize near-term upward pressure.
Prices were relatively staid after November's RBNZ announcement registered on the hawkish end of expectations - seeing some gains at first but struggling to find momentum - but overall USD weakness offered fuel thereafter (with November FOMC meeting minutes at least somewhat helpful in pushing the Greenback lower, though its slide began before the news hit the wires).
NZDUSD Targeting A Test of 0.6300Technical & Trade View
NZDUSD
Trade View
Bias: Bullish Above Bearish below .6050
Technicals
Primary support is .6050
Primary upside objective .6300
Next pattern confirmation, acceptance above .6210
Failure below .6030 opens a test of .5950
20 Day VWAP bullish, 5 Day VWAP bullish
Institutional Insights
Analysts at Credit Agricole note ‘The RBNZ’s aggressive tightening cycle will see NZ lead the rest of the G10 into an economic slowdown, and falling dairy prices on the back of a weak China economy are seeing the NZD underperform. The re-opening of the international border will be a positive for the coming 3M. Soft economic landings locally and internationally will improve the NZD’s prospects over the coming 6-12M’
NZDUSD .6164 Target Achieved, New Pattern EmergingTechnical & Trade View
NZDUSD
Bias: Bullish Above Bearish below .6000
.6164 Target Achieved, New Pattern Emerging
Technicals
Primary support is at .6000
Primary pattern objective is .6240 Daily HVN
Acceptance above .6165 next pattern confirmation
Failure below .6000 opens a test of .5900
20 Day VWAP bullish , 5 Day VWAP bullish
Notes
While the RBNZ led most other DM central banks in starting the cycle, JPMorgan economists expect the Bank to accelerate its hiking pace again to 75bp at the coming meeting after NZ CPI surprised significantly to the upside in 3Q22
Analysts at Credit Agricole believe the RBNZ’s aggressive tightening cycle will see NZ lead the rest of the G10 into an economic slowdown, and falling dairy prices on the back of a weak China economy are seeing the NZD underperform. The re-opening of the international border will be a positive for the coming 3M. Soft economic landings locally and internationally will improve the NZD’s prospects over the coming 6-12M.
AUThis was my analysis and resulting forecast a while back, and I appreciate that because I do not know this pair (Studied It). It has showed me that in order to understand it I cannot come with the same mentality as where my pairs I focus on everyday. So I take the lesson and add to my book of learning and sharpening
Consider .5963 Target Achieved, New Pattern EmergingTechnical & Trade View
NZDUSD
Bias: Bullish Above Bearish below .5738
Consider .5963 Target Achieved, New Pattern Emerging
Technicals
Primary support is at .5850
Primary pattern objective is .6164
Acceptance above .5965 next pattern confirmation
Failure below .58540 opens a test of .5738
20 Day VWAP bullish , 5 Day VWAP bullish