Nzdusdforecast
Will NZD/USD Break the HurdleHere's the 1H chart of the NZD/USD. And it's moving downwards. Here, I have applied the indicators - Volume, Stoch RSI, and RSI.
RSI and Stoch RSI both are showing a downtrend. It's falling in the uptrend. It will fall up to support. If the trend breaks the support, it will hit the hurdle( 0.7136 ). If it breaks the hurdle( 0.7136 ), then the target will be the following 0.7116 - 0.7088 .
But, if NZD/USD takes a U-turn and starts to move upwards, it will hit 0.7216 .
NZD/USD BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you. As Always we will have to wait for a confirmation!
NZD/USD: Daytrade-Preparation
Market-Buy: 0,71130
Stop-Loss: 0,70820
Point Of Risk-Reduction: 0,71390
Take-Profit: 0,71710
Stop-Loss: 31 pips
Risk: 0,5% - 1%
Risk-Reward: 1,85
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
NZDUSD – Will NZD bull finally giveup?I have been bearish on NZD pairs since quite long. However, every time we got rejected the pairs quickly came back up to since this pair has a good correlation with US stock and seems like the FED won’t give up keep pumping it.
Eventhough, I still prefer to trade based on technical view and ignore all the fundamental distraction. I have complete faith that sooner or later the price will always go back to its technical side.
Now the price has once again reach the top of structure impulsively. In 15M TF, we already got a little rejection followed by what appear to looks like a bearish continuation flag structure. I set a stop order here at the break of this flag structure with SL above the flag.
Lets see how far will this pair go this time. Good Luck
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Here is the MOA FX technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger.
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NzdUsd- 0.71 is very strong resistanceI'm sure of a lot of you, and I included, was wondering when NzdUsd bull run will end...
And now it can be it.
After the first touch of 0.71 and a drop, Kiwi had a new attempt yesterday to rise above and reversed violently putting in a strong long-tailed reversal candle on our daily chart.
At this moment rallies should be well capped at 0.71 and possible corrections of yesterday's drop could be a good opportunity for bears.
A drop under 0.7 should accelerate losses and 0.68 could be a good place to book profits
NzdUsd- will it finally correct?The combination of weak usd, strong Nzd brought NzdUsd well above 0.7.
The rise from 0.68 is in a rising wedge though, signaling the loss of power.
Yesterday we have a spike above 0.71, quickly reversed, and this time we can have a top in place, at least for short term
A break under short term support 0.7050) would be confirmation for incoming correction and NzdUsd could fall to the bottom of the pattern
NzdUsd- Correction is inevitable at this pointSince its 0.65 zone recent low, Kiwi had quite a run up with the pair gaining around 8% (which is a lot in terms of currency)
Now the pair looks tired with new highs marginal and making a rising wedge
I believe we will have a correction sooner rather than later and I'm looking to sell this pair
NZD/USD BUY SIGNALHey tradomaniacs,
welcome to another free setup!
NZD/USD: Daytrade-Execution
Market-Buy-Order: 0,69790
Stop-Loss: 0,69630
Target 1: 0,69920
Target 2: 0,70010
Target 3: 0,70170
Stop-Loss: 15 pips
Risk: 0,5%
Risk-Reward: 2,64
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
NADUSD - The Ending Diagonal pattern represents the end of the fIn the 60-minute chart, the divergence in MACD and RSI is quite clear, and also the 3-wave structure of the sides shows the Diagonal pattern.
By crossing the price from the range of 0.6878, which is the end of the 4th wave of this pattern, we can get the confirmation for the downtrend and the targets of 0.6795 and then 0.6700 price level.
NZDUSD facing very strong resistanceNzd was one of the biggest beneficiaries of USD weakness and NzdUsd made a new local high in this context.
Now the pair is facing a very strong resistance zone that extends to 0.7 psychological figure and I believe a drop will follow
I'm bearish this pair and I believe Kiwi will fall to 0.65 in the medium term