Nzdusdbuy
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
Bear attack is an opportunity to go bull!When I missed to enter a long trade setup on NZDUSD, I was really annoyed of not being able to find any mind-easing entry point due to the pushes it has been doing. However, thanks to the recent drop of this pair, I finally had an opportunity to enter with a tight stop and a wide aim! Some traders have a mindset that once a strong impulse of bear occurs, they ride along with it without thinking... not us!
NZDUSD Double Top Sell ItNZDUSD on the 4 hour time frame shows a nice double top thats going down. a long this way down it has also broken the support level, fueling a further sell off. Stoch also looks right for it. I also did a quick peek on the daily and here you can see that the previous low has been broken and Stoch makes a bearish crossover. so we can be at the start of a nice sell off to 0,7330!
TP: 0.7330
SL: 0.7560
NZDUSD : Clear path for the BULLSNothing is standing in the way of the bulls now. Resistance has been met and price doesn't fall down. DXY still making new low everyday. NZD and AUD didn't quite catch that upside that other pairs got last friday. I'm expecting a push up yet again!
We have to wicks that retraced back into our zone as it tried to break down but was unsuccessful.
NZDUSD LONG
ENTRY : 0.74911
SL : 0.7452
TP : 0.76175
RSI & MACD can stay this high longer than you can hold a short position! Long it is!
Trade safe!
NZDUSD : FINALLY THE BULLS ARE BACK!Hi traders!
A weekly chart! We need to see the bigger picture here. I finally see NZD pushing through these bearish time to get back up to a new zone in of interest. You can always catch similaties between this and the AUD. The AU has been able to push on last friday and I can easily NZD trying to do the same this week.
NU hasn't been able to close either daily or weekly at where we are now which is very bullish!
I will long from here with a SL under the last bearish wick we had last week.
Trade safe!
NZD/USD LONG - COPY & PROFIT! Hello,
Our trades have been looking good this week, for this NZDUSD pair we are looking for price to continue to the upside, with the 4HR trend previously broken and continuing bullish.
We are looking at an opportunity at the 1HR pullback and trend break for us to enter a trade
www.blueprintforex.com
NZDUSD testing major resistance, prepare for a dropSell below 0.7344. Stop loss at 0.7356. Take profit at 0.7301.
Reason for the trading strategy (technically):
Price is wow testing major resistance at 0.7344 (Fibonacci extension, horizontal swing high resistance) and we expect a drop from here towards at least 0.7301 support (Fibonacci retracement, horizontal pullback support).
Stochastic (34,5,3) is seeing major resistance at 95% and we expect a strong reaction below that level.
Correlation analysis: AUDUSD and NZDUSD are both strongly positively correlated as seen in the histogram. Both are expecting drops for today too and it is always better when they are moving in tandem.
The fight of the New Zealand DollarI apologize for the delay of the post as I have just arrived home and I can only enter trades at my mobile and can't publish anything at tradingview via phone.
From the previous weeks long ago, we've seen the continuing strong decline of the New Zealand Dollar against several of its Forex pairs... and that changes today.
This Forex pair has been on a bull attack for several days now, and it is still fighting back ahead of the FED. Now, as I've been stating for the previous trade analysis, I always am attracted to fakey pin bar set-ups... and this is one of them! Just for a quick trade, I have entered two trades at 2017.06.13 00:59 and 2017.06.13 03:04 one at 50% and one at top of the pin bar. I cannot guarantee that you can still enter at the 50% of the pin bar, but maybe you can still enter at the top.
Quick trades like this, with a strong signal, requires good entry and big lot!
NZD under pressure once again (monthly)The neckline to the double top pattern at 0.74 has once again come out on the winning side, the confluence of the daily up sloping channel and a descending one. The formation of a daily shooting star adds proximity to a hurdle.
With the weekly RSI closing in on resistance, upside is likely to remain capped.
In the short term a correction towards 0.7060 of the recent rebound is likely