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Kiwidollar

AUD/NZD to move up in AprilAfter ECB & FED turn dovish mentioning global slowdown, RBNZ had no option except signalling next move to be rate cut. RBA have already been pretty dovish helping AUD/NZD to touch monthly lows in JAN - MAR. AUD/NZD finally been able to close above daily 20sma, also forms good bullish candle on monthly chart. AUD/NZD seems ready to rally in coming days/weeks. Risk remain RBA meeting on Tuesday if they announce rate cut coming sooner than later, but that will ultimately provide better rate to buy AUD/NZD. Support remain psychological area of 1.04 & 20sma near 1.360. Target to focus are 1.0490 to 1.05(daily cloud & daily 100sma) followed by 1.06 & 1.0650 .
Long
by Bitbloxx
Kiwi Index Approached Support, Prepare For A Further Rise Kiwi index approached its support at 6.8796 (horizontal swing low support, 100% Fibonacci extension,50% Fibonacci retracement) where it could potentially bounce to its resistance at 6.9311(38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback resistance ). Stochastic (34, 5, 3) is approaching its support where a corresponding bounce could occur. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by Klimex
1
Another Short Opportunity for NZDUSDWe had a successful trade of NZDUSD earlier this week. I believe this is another chance to short this pair. I'll state my reasons below. First, on the Daily TF, a 3-pin pattern was formed, but I know it's not the most perfect 3-pin formation. It gives us a reversal signal. Second, on the 4H TF, it formed mini LHs and LLs, which show a downward pressure. My stop loss is just 15 pips above the first mini LH and also above the descending trend line. My TP is the previous low as shown on the chart. I don't expect this trade to play out this week. I'm gonna hold over the weekends and we will see a result next week. Have a good weekend.
Short
by Likalong
NZDUSD MACD DIVERGENCE TRADING OPPORTUNITYClearly you can Up trends been broken, divergence on MACD indicator and the price tending to go to the downside on the bollinger bands.I also noticed that the price is at current highs on daily view or 4H so you know the motto ''Sell High & Buy low''.The pair also is heavily correlated to EURNZD who is showing heavy bearish sign's. I've entered a short on Kiwi dollar at 0.6880 with a SL at 0.6950 and I'm gonna let it ride for couple of days or weeks.I will take profit on my position when I reached a point of 1:2 on my risk/reward ratio.I would love to have feedback's of my analysis or other point of views on the pair.
Short
by TheRealCarlosP
NZD ~ Bull Time ~ Over Next Few DaysI'm really liking the look of this projection for an impulse wave UP for NZDUSD. The wave 2 retrace was just barely shy of 61.8%. Would have liked a touch, there, but it's close enough to play in my game. Fib projected targets line up beautifully with visual support and resistance levels, as well as volume profile value areas and POCs. I'm going to jump in and out of this, going long, for the next couple of trading days, when my algorithm signals! Included pitchfork has some very accurate touches, visible on lower time frames. Check it out!
Long
by DonjonCapital