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Nzdusdforecast

NZDUSD | PERSPECTIVE FOR THE NEW WEEKThe dominant perspective that the Kiwi could suffer on new measures from the Reserve Bank of New Zealand brought forward on risk-off has a significant reflection on the chart as we experienced a Breakdown of Key level at $0.66000 after series of Bearish wave though the whole of last week. Tendency: Downtrend ( Bearish ) Structure: Double Top | Breakdown Observation: i. The arising of a Reversal pattern after price action reaches a peak at two consecutive times ($0.68000) with a moderate decline between the two highs to $0.66000 (neckline) confirms my Double Top pattern. ii. Breakdown of Key level @ $0.66000 (neckline) incites expectation of retest of this level to signal trading opportunities. iii. Confirmations of Sell aims at a touch of the Bullish trendline. Trading plan: SELL confirmation with a minimum potential profit of 400 pips. Risk/Reward: 1:3 Potential Duration: 4 to 10 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
NZDUSD - Outlook 25 Sept 2020 - Interesting trade, do take note.Hi all traders, This is a video analysis on nzdusd. As usual, i have inform traders of some important levels for followers to take extra note on it.. Trade safe and be patient on this trade. ****Follow me on tradingview**** **Like and share the trade idea with all your friends*** Cheers and hope you like this video analysis. Thank you! In addition, this is the trade analysis which i did on 14 Sept for nzdusd which i have mentioned inside my video for you as a reference.
by FxTradingWarrior
NZDUSD Roadmapthe price formed double top formation while playing inside a bullish trendline channel and we have a downside target at 0.6387, I will wait for the price to breakout the support level first before placing any sell order for this pair. **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
8
BUY NZDUSDNZDUSD is a pair positioned for a long term bull run to the upside with expected resistance level @ 0.68000. Once the price breaks above the resistance @ 0.68000 price should run to the upside for @ 0.75137. We will take our entry on the close of a bullish confirmation candle on the 4hours chart. This will take us to our first target @ 0.68000. Thereafter, we should wait for the breakout and close of price above @0.68000 to continue LONG/Bullish to @ 0.75137. Good Luck.
Long
by TradingDaysFOREX
NZDUSD LONG PRICE ACTION FORECAST The price action has been trading within an ascending channel; after rejection from the support line, it has bounced and turn into a bullish momentum. Now, the recently formed golden cross with the EMA confirms the upward continuation and buyers force that remains. Allows the setup of a buy order after the retest of the broken supply zone. The order: Type: buy-limit S/L: 30 pips - R:R | 1:4 - T/P: trendline resistance -- *** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
NZDUSD is trading in a tight rangeNZDUSD The swing momentum was slowed and downward trend was resumed after reaching the September high 0.67880 it felled towards 0.66000 level. The key support price also broken at 0.67416 which is a clear sign of bearish trend and now this pair is trading in a range. We can short this pair and the potential take profit would be 0.66000 which is a 61.8% Fibonacci and key psychological level. Stop lose may place above the 0.67400 level. Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas Disclaimer It’s not a financial advice. Do the analyze and take a decision.
by forexorbit
NZD/USD BUY SETUP Hey tradomaniacs, welcome to new free trade-setup. Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation. NZD/USD: Day-trade-Preparation Market-Buy-Order: 0,66890 Stop-Loss: 0,66660 Target 1: 0,67100 Target 2: 0,67240 Target 3: 0,67425 Stop-Loss: 23 pips Risk: 0,5% - 1% Risk-Reward: 2,40 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. :-)
Long
by Trading2ez
1
NZDUSD - sell biasedHi all traders, For NU, im actually looking for more downside for this pair. Reason being. This pair have reach an important level. Any attempt to touch the trend line, we should be looking for sell opportunity for now. However, if the trend line is broken strongly , we might see it test the top level again and if fail, we should continue sell again. The reason for it being sell biased is also mainly due to usd strength. Of course if, USD strength does not appear. We should be looking for continuation upwards. But for now, im still sell biased until i see the top level is broken. Cheers and trade safe! =) Like and share my trade idea with your friends and follow me on tradingview if you wish to have more analysis of such pairs. Thanks!
Short
by FxTradingWarrior
1