GBP NZD BUY (POUND STERLING – NEW ZEALAND DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
Kiwi
EUR NZD BUY (EURO – NEW ZEALAND DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
EW ANALYSIS: NZDUSD Is Beginning To Turn BullishFX:NZDUSD The Kiwi formed a clear five-wave rally from 0.6425 lows, which in EW theory suggest more upside after a correction. As you can see, pullback was deep, but complex with overlapped wave structure and also nicely within channel range, so we assume that this was just a double zig-zag W-X-Y corrective decline. And yes, The Kiwi bounced idealy around 61,8% Fibonacci retracement, so seems like the support has been found at 0.6585 level.
That said, we think that NZDUSD made a nice bullish setup that can send price back to highs 0.6970 highs or maybe even higher. Just have in mind that we still need a confirmation for this, so bulls can be confirmed only above 0.6880 region!
Of course, this may take some time, it could stay sideways or it can go even more complex, but anyhow, we will remain bullish as long as it's moving above 0.6425 invalidation area.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
EUR NZD BUY (EURO – NEW ZEALAND DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
NZD USD SELL (NEW ZEALAND DOLLAR – US DOLLAR)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell.
NZD CAD BUY (NEW ZEALAND DOLLAR – CANADIAN DOLLAR)Hi there. Wait for the price to form a continuation pattern and watch strong price action for buy.
NZDUSD: LONGLONG NZDUSD
Entry @0.68113
Target 1 @0.70377
Potential Gain = 226.4
Stop @0.657
Potential Loss = 135
audnzd about to go on another run downi see audnzd dropping down from its current price, retesting a new resistance and then continuing its trend to the downside... confirmation for me will be if the current candle has a large bearish close and then continuation to the next level and potentially further.
KIWI Trying to Resume Its Downtrend, 0.61000 Level In Sight !Kiwi was not performing against the USD that good last year and this year might be the same case scenario too.
Have look at the above Monthly charts picture for NZDUSD. There are numerous long term trendlines one of which was broken a few months ago signalling the kiwi headed south towards another long term trendline located at around 0.61000 level!.
The main chart is the daily version showing that there is ascending trendline developing and if in the coming days it breaches the kiwi might head south. Basically it seems its just a consolidation move before the downtrend starts to resume. Shall there be any updates i will provide them below in the comments. any trade set up would be provided too together with entry, sl and tp levels.
cheers happy trading
NZDUSD Kiwi 2618 Trade on Radarkiwi formed a double top at an interesting price level where it met the decending trandline and historical lstructure (look left) pkus finished an common upmove extention
(boxed area).
now formed new low and is retracing maybe to the 618 so you can tarde it as a 2618 trade with stopploss above the doubletop.
use piice action to find entry and confirmation (or other way round haha)
trade with care and fun!
NZD USD BUY (NEW ZEALAND DOLLAR – US DOLLAR)Hi there. Price is forming a continuation pattern to the upside. The best place to take a buy position is the bottom of the pattern. So, wait for the price to hit the bottom of the pattern and watch strong price action for buy.
GBPNZD Weekly + 4hr Entry ShortWould of done this video with voiceover but have ze man flu & sound crokey as hell.
WEEKLY back under & failing at major resistance levels.
4 Hour broke briefly above resistance but closed below & confirming resistance with multiple failed tests.
NZD/JPY 160 pip LONGAwesome Trade Yesterday Folks hope you had some profits from that.
Here we are entering NZD/JPY where there has been previous support and where we currently rallied from.
We are currently drifting upwards although i do not think this pair is ready to hit the .236 Fib yet.
We look for another retest of support, where we can get the highest probability setup.
NZDUSD Kiwi Sell IdeaAfter we now have finished an equal lenght upmove pair we are right in the zone that looks interesting when you look left (i dont like to call that resistance or anything like that...).
We are at a decending trendline as well.
Look for the orgin of the downmove to determine where your stopploss must go.
Dont trade more than 1% risk.
Learn how to calculate lot size... or ask me...
This is not a trade call ;)
Good look.
NZD/JPY APPROACHING MAJOR SUPPORTWe have seen this pair rally off this Major Support a number of times now. The Kiwi showed great strength in November where it had its strongest rally of the year.
Now that we are a approaching these levels where the rally started we can expect strong demand and high volatility.
