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NZD-USD

NZDUSD touching the lower band of the channel | 13 May 2020 Thanks everyone for tuning in to today's analysis of . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too. Until next time, see ya! I utilise quite a bit of Fibonacci and graphical price action. Would be really lovely to hear your feedback and also have you guys share your views on the NZDUSD!
Long
by FXCM
5
NZDUSD Daily Analysis | 9 April 2020Hey guys! here's my view on NZD/USD, price is approaching our sell entry which is in line with our 61.8% fibonacci extension and 76.4% fibonacci retracement where I am expecting a reversal below this level. For now, we are waiting for a further push up to our sell entry before play a drop. Stochastics is also showing limited upside before it reaches its resistance. Please give us a thumbs up and leave a comment on what currency pair you would like me to do next :)
Short
by FXCM
4
NZDUSD - Bearish Pin Bar Setup within PennantThe NZDUSD pair has formed a nice, large bearish pin bar. The pin bar has a lot of positives going for it such as a very large upper wick, narrow body, and also the fact that it has closed below the upper trend line of the pennant that is currently forming. The negatives with this setup that I think weakens it a bit is the fact that price is still contained within what I consider the support/resistance zone. Price closing below that zone would have really strengthened the setup. In addition, price leading into the pennant was quite bullish. Taking all of that into consideration, I think the setup is tradable, but I would not become too much of a hero with profit levels.
Short
by krugman87