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Nzdusdanalysis

NZDUSD Nearly Time To BUY @ 0.574 ????? (LIKELY PATH)Today I am posting on the NZDUSD pair getting ready to go LONG on this pair as we can see it's been trending down pretty hard and we have entered a HUGE Monthly DEMAND/BUY Zone which is actually the 2020 crash area this is quite a large zone so soley entering inside this zone based on the Monthly charts is pointless.. We are best locating a Weekly DEMAND/BUY inside the monthly zone which I have done and marked on the chart above this is the actual area the HUGE up leg move started from and starts 0.57 so I expect the markket to drop down inside this area also targeting this area increase are R/R and allows the stop loss to be smaller rather than simply entering based on the Monthy chart. I will look to start entering a LONG position on the NZDUSD on a DAILY signal from my Price Action reversal indicator under 0.574 and build into a position if moves lower the stop will be under the Monthly DEMAND/BUY zone. Targets well the first easy target will be the previous low in the current trend just above 0.60 we will get a reaction here and a likely push back down towards 0.58 and then a rally again from there to target the newly formed Monthly SUPPLY/SELL that I have marked on the chart above. Going short underneath 0.57 will be very risky as it's a strong DEMAND/BUY zone and I will only be looking to BUY this pair. Happy trading and hope you enjoyed my post
Long
by TheFxAce
Potential buy trade in NZD/USD, but with cautionFollowing the release of the CPI data from the US, the US dollar found some renewed strength which pushed most of the other currencies lower versus the US Dollar. The commodity currencies took a severe hit with NZD being pushed below the 0.6 level. However, the price seems to have found some support at this level and there could be a rally to 0.61 very soon. So, my plan is to long the NZD/USD at 0.5975-0.60 with a moderate stop loss and my first target at 0.61.
by YourLazyTrader
6
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS - NZDUSD has been going down very fast in recent days. The reason for that is because of the VIX UP and some strength in the dollar. Due to MARKET RISK OFF in the previous few days, COMMODITIES also fell down very fast. Because of that, every NZD BASED CURRENCY PAIR was SOLD. AUD, NZD, CAD, CURRENCIES SELL in these few days due to MARKET RISK OFF again in this week. - Thus, COMMODITIES are selling quite fast. It also affects the NZD very strongly. - Anyway, NZDUSD can sell further until it reaches 0.5929 LEVEL. And after that, if the MARKETS RISK is ON, you can definitely BUY until the NZDUSD 0.6253 LEVEL. Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
by benny_marshall
NZD/CAD bearish confirmation the trade will be executed.monitoring NZDCAD for a selling opportunity around 0.80400 zone. Canada experienced a trade surplus every year between 1970 and 2008. With the exception of the years 2011 and 2014, the trade balance has been in deficit since 2009. The highest trade deficits were reported with China, Germany, and Mexico in 2018, while the largest trade surpluses were recorded with the United States, the United Kingdom, and Norway in the same year.
Short
by forexinworld
⭕Best BUY area for NZDUSD🧨🔥 🔰You can see the analysis of New Zealand dollars in US dollars in 2-hour time frames (NZDUSD_ 2H)🔍❗ ✴️As is evident in the description, the price after breaking the line has had an upward trend (black🖤) and pullback (orange🧡) has been rigged. If the price reaches the DEMAND range and also breaks the downtrend line (black🖤) we can expect the price to climb to the first supply zone(SUPPLY 1). In case of breaking the first supply zone(SUPPLY 1) , it can climb to the second supply zone(SUPPLY 2) and with the same conditions can climb to SUPPLY 4🧐❗ The areas of SUPPLY and DEMAND are clear in the picture👌 Do you think this analysis can be profitable❓❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the channel to your friends 🙏🏻 __________📈TRADER STREET📉___________
Long
by TRADER_STREET
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#NZDUSD - NZDUSD has been going down very fast in recent days. The reason for that is because of the VIX UP and some strength in the dollar. Due to MARKET RISK OFF in the previous few days, COMMODITIES also fell down very fast. Because of that, every NZD BASED CURRENCY PAIR was SOLD. But yesterday, AUD, NZD, CAD, CURRENCIES were in DEMAND due to MARKET RISK ON again. - Thus, COMMODITIES are becoming somewhat BUY. It also affects the NZD very strongly. - Anyway, NZDUSD can continue to BUY until the 0.6266 LEVEL. And after that, if the MARKETS RISK OFF, you can definitely SELL until the NZDUSD 0.5999 LEVEL. Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
by benny_marshall