NZDUSD UPDATENZDUSD UPDATE
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Nzdusdbullish
NZDUSD At ResistanceOn the daily time frame NZDUSD has reached a nice resistance. The indicators also have seemed to reach their top and are running out of steam reversing back down for a next bearish wave.
How ever its all still fresh.
If youre an early bird you could sell NZDUSD now with a 70 pip stop loss and target 0.7025
If you prefer less risk then wait for the next daily candle. If its green it will break the resistance and you can enter a buy, but if it turns red then its a confirmation of a bearish reversal and you join the sell.
NZDUSD : ALL MY FRIENDSHi traders,
Due to personal health problems, I'll keep this short. I still wanted to update you with some forex analysis for the support you all shown me.
WEEKLY CHART = LONGER TERM TRADE
NZDUSD LONG:
ENTRY : 0.68332
SL : 0.67462
TP : 0.72689
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade
NZDUSD Possble Bullish ReversalNZDUSD is showin a possible bullish reversal on most time frames. This reversal can lead this pair back to 0,7000 and higher. So nice pips can be made. A break of the support at 0.6824 will trigger further sell of. So in case the bullish reversal is rejected you can sell if this support breaks, stay versatile dont just focused on one direction but for now a buy is the most likely.
Buy around 0,6858
TP1 0.6990 TP2:
SL: 0.6810
NZDUSD: ROSES!Hi traders,
(This trade was already suggested to students)
Here is a very simple analysis!
PA touched the resistance turned support. A weekly one that is!!
MACD is getting that nice divergence
RSI reversal
FOMC news dropped confirming trend
For all those reasons.. Here's what I see:
NZDUSD LONG:
ENTRY : 0.7076
SL : 0.70197
TP : 0.72889
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
NZDUSD BuyNZDUSD has a nice upper range break-out on the 4 hour time frame. The next 2 resistances are around 25 and 90 pips from current market price. Targeting those will give some nice profit.
Open: CMP
TP: 0.7380
SL: 0.7260
NZDUSD Wait For Break Out And Trade!!NZDUSD is approaching a resistance but it's also still close to the upper range. Best thing to do is to have some patience and wait for one of them to break out. Then trade it in that direction.
Indicators are bearish with ADX red line about to crossover the green line and Stoch is also making a bearish crossover. If you lack patience like I do you could already try to open a short position with a stop loss a bit above the upper range (10 pips) if it happens that this upper range breaks then buy NZDUSD like you would have done if you had some patience ;) :P
