NZDCAD Bull Flag.NZDCAD, has formed a bullish flag, which could lead to continuation and the chance for us to ride a wave up if we get a nice breakout, who else is enjoying being back at work? Love this game, good luck guys, lets go champ.
Kiwi
GBP/NZD_1H_ShortShort position taken – 1H - Although in bigger timeframes the trend was bullish but it showed weakness and cannot pass the last week high and reverse from it. In 1H timeframe, it broke the last low (1.96205) which created last high and also it passed the ascending komu. I entered the short position and the TP is last week low.
R/R = 1:2.07
GBP_NZD_4H_LongThe long position is taken – 4H -Daily timeframe I checked and last day candle barriers are HL and HH, in 4H also I see the start of a movement from a 4H demand zone, although price broke an ascending channel it was above a fat ascending komu. Also in lower timeframes, I see HL and HH. I enter the long position and the TP is last week High.
R/R = 1:1.1
NZD/CAD_4H_ShortA short position is taken. In the 4H time frame, the price keep building LH and also it was below descending komu. Also, it hit the weekly resistance, so I took a short position and put the TP on yesterday low.
R/R = 1:2.06
GBP/NZD_4H_LongThe long position has been taken, in the daily trend was bullish, in the 4H price broke a supply level and it was pulling back. As a result, I take a long and the TP was the last HH.
R/R = 1:1.48
AUDNZDGreat risk reward set up in AUDNZD, Ratios are in line and we can look for AUDNZD to make a big move up, this is not going to be done in a week however, this is a swing style of trade and patience is key to hit your targets.
EURNZD HARMONICSEURNZD, Looks ready to make a strong move up according to the pinbar and harmonic formation, potentially 200 pips up for grabs if this is correct.
LONG NZDUSDNice retouch after breaking wedge and seems Kiwi want to gain more than 100 pips against Dollar.
So, long Kiwi with logical stop loss and wait for tomorrow Kiwi data.
NZD/USD Signal - USD Interest Rate Decision - 28 Jul 2021NZDUSD has broken below support prior to the USD Interest rate decision. Technically the pair is in a downtrend, and the structure has been correcting for the previous 2 days, prior to this support break. We anticipate downside into the 0.6896 level.
#NZD weakness against the US. DollarHello Traders!
Risk off mood advanced as china enters into lockdowns and has its financial markets drop by 4%.
Enter on the trend line break.
Take Profit levels labelled.
Have a great day!
Vitez
Upward Trend Channel in NZDCAD, Targeting 0.895 Upper BoundTrend Analysis
The main view of this trade idea is on the 2-Hour chart. The Forex Cross NZDCAD is in an upward trend channel, and is forming a higher low around the 0.875 price level. Expectations are for a continuation of this trend channel in the medium term, with a higher high being made around the 0.895 price level, 1.81% away from current levels.
Technical Indicators
The technical indicators being used need to confirm the expected positive price movement in NZDCAD. At the time of publishing, NZDCAD is approaching a positive crossover on its short (25-SMA), medium (75-SMA) and fractal moving averages. Also, secondary positive confirmations in KST and RSI is being monitored, that is, a positive crossover in KST as well as the RSI crossing above 50. The occurrence of these positive crossovers will aid in the bullish thesis of NZDCAD.
Recommendation
The recommendation will be to go long at market. At the time of publishing NZDCAD is trading around 0.879. The medium-term target price is observed around the 0.895 price level, the top of the upward trend channel. A stop loss is set at 0.874. This produces a risk reward ratio of 2.31.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in NZDCAD.
EUR/NZD Signal - NZD Credit Card Spending - 21 Jul 2021EURNZD is trending to the upside prior to the NZD Credit Card Spending data, which reveals the spending on credit cards domestically, giving insight into the personal debt markets. Technically the pair has bounced from the 71% fibo level, the 200 15m moving average and the trendline, and we anticipate upside into the 127% fibonacci extension.
STOP STOP HUNTING!!!THIS IS THE DEFINITION OF A STOP HUNT!
we've all seen how the dollar has exploded over the past couple of days but NZD is not giving up without a fight you can see that every time the kiwi goes below .695 on the weekly candle it rushes back up before the week is over.
now fundamentally speaking, WE KNOW the RBNZ (New Zealand Central Bank) will be raising rates next month from the current .25%. & WE KNOW THE SMART THING TO DO IS TO PUT OUR MONEY INA STRONG CURRENCY WITH HIGH INTEREST RATES, ESPECIALLY AGAINST LOW ONES JPY( -.10%) CHF(-.75%), & USD (.25),which happens to be all the "SAFE HAVEN" currencies
i cannot be the only one looking ahead and seeing the true potential of the KIWI.
nzdusd must go to .7315 (400+ PIPS)
nzdchf must go to .662 (250+ PIPS)
nzdjpy MUST GO TO 83.9 (800+ PIPS)
Buy NZDUSD at 6 times RRR 200 pipBuy at Market , SL 30 pip at 0.6902, Profit taking at range high 0.7100
NZD/USD Signal - USD 4 Week Bill Auction - 15 Jul 2021NZDUSD is trending to the upside currently prior to the USD 4 week bill auction, which reveals the yield on the bill. Technically the pair has broken the bearish structure, and is testing the moving average ribbon as support. We anticipate continued upside into the 0.7079.
NZDUSD longLast week the nzd started making a bullish movement because it has completed it's bearish momentum, price pulled back from the support from 0.696. the price may retest 0.696 if not then price will continue in upward direction. We can expect a long position once the 50ma crosses the 200ma or break the resistance of 0.709.
$NZDUSD - Possible bearish batHi guys! 👋🏻
🔔 Possible bearish bat spotted on NZDUSD
🔔 There is a strong resistance at $0.70300, must close above that to continue the uptrend
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
EUR/NZD Signal - EUR Sentix Investor Confidence - 5 Jul 2021EURNZD has bounced from support prior to the EUR Sentix Investor Confidence, which measures the confidence that investors have in various European investments. Technically the pair has bounced from a key support zone and the RSI has generated an oversold signal. We anticipate continued upside into the 1.6985 level.
NZDUSD Short after trendline break - BB BearishNZDUSD is trending to the downside today prior to the USD Housing Price Index, which shows the growth in the US housing market. Technically price has broken an ascending trendline, and is below the 50 hour moving average. We anticipate continued downside into the 0.6977 level.
GBPNZD has broken below the support going down
Welcome back Traders, Investors, and Community!
Hi Traders, GBPNZD on the H4 has broken below the support line with a big red candle which suggest the price will go lower however a Pullback might happen at 1.9797 before it goes lower to another major Support around 1.9667
On the H1 we can see that the market has been Bearish for last couple of hours heading down.
⬇️Sell now or Sell at 1.9797
⭕️SL @ 1.9817
✅TP1 @ 1.9701
✅TP2 @ 1.9667
✅TP3 @ 1.9600
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
