Nzdusdforecast
The above support will stop the continued weakening of #NZDUSD?After nzdusd broke its support in 0.6478, it strengthened the currency's bearish pattern.
You can see in the graph above that we have further support here at 0.6395 with the possibility of stopping the declines and possibly an increase.
The risk remains high because it is a signal that goes against the trend.
Target: 0.6480
nzdusd next week potentialnzdusd got my eyes next week for a possible short run.
let wait people FX:NZDUSD
Possible Big Buy incoming for NZDUSDPossible buy incoming for NZDUSD. Price has acted within a parallel trend line channel and has touched the resistance of this trend channel at least 3 times which means the trade can be validated. Price has also been moving around a local resistance zone which means price could be heading up. Keep an eye out for updates as I have put in a tight stop loss of around 30 pips and take profit of 170 pips.
#NZDUSD, An opportunity was created hereIt is true that we have been in the Bear Channel for several months now, it is important to take note of the opportunity created here.
Strong support at 0.6478.
This is the third time that nzdusd has failed to break the support and once it touches the support price rises again.
According to the Stochastic, we are in Oversold with a chance of a trend change.
Target: 0.6630.
NZDUSD Long OpportunityHi guys its Brian here with a long opportunity for NZDUSD
Currently NZDUSD has been falling hard and is reaching areas of support. I have identified 2 price levels specifically and labeled them as Entry 1 and Entry 2.
If you are not sure which entry to use then you can just use both by scaling in your entries. I have also identified a Take Profit level as well.
Entry 1: 0.6487
Entry 2: 0.64177
Take Profit: 0.66069
Stop Loss: Slightly below Entry 2
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#NZDUSD Trend change?Buy signals:
Stochastic indicator area prices can still be bought.
The nzdusd currently crosses the average moving line 200 upwards.
The Ichimoku cloud change color and direction.
Target: 0.6920
Will NZDUSD slide down much further???Een paar dagen geleden is de "Neckline" gebroken en daarna heeft de prijs geen "Higher High" meer gemaakt. Dit geeft ons een indicatie dat de prijs verder zal zal gaan dalen. Wellicht een goed moment om een trade te plaatsen en te zien wat er gebeurd. Tenminste zou de prijs vandaag een "Lower Low" moeten maken.
NZDUSD break the Structure (Keep Watch Retest)NZDUSD break the Structure (Keep Watch Retest)
Target .6733 &.6760
NZDUSD : Most Important ResistanceNZDUSD has reached to its important resistance which is shown in the chart . All eyes on 28th,Jun G-20 meeting . We strongly believe that you should get long position, if the price manage to breakout this level .
NZDUSD Monthly Harmonic BAT Analysis and StrategyThis pair is currently trading at a major support zone as seen on the monthly chart (yellow zone) and is forming a Harmonic Bat Pattern. This is a long term pattern but we are predicting the Harmonic Bat Pattern will be completed and we are looking for price action to move towards the upside from this point. FX:NZDUSD
Can NZDUSD raid its highs and then trade lower into 0.6532?I am looking to see if NZDUSD will run its highs out into 0.6566, then reject and trade lower into 0.6532
NZDUSD - Long Descending Channel BrokenNZDUSD has been travelling in a descending channel for quite some time now, until last week when it broke out of the channel to the upside, We are expecting price to come back down to retest the channel before making its way up to 0.66800 region.
Possible Short for NZDUSD Possible long for NZDUSD. Price has remained beneath both the 200 EMA and the 50 EMA indicating a strong short bias. Price has also been following a parallel trend for the past couple of weeks and has recently hit the trend line channel resistance, also indicating a short bias. Price has also been recently rejected by a local resistance line. FX:NZDUSD
New Zealand Dollar / U.S. Dollar NZDUSD to BUYTwo weeks ago, I stated market is getting ready for a buy as it entered oversold region of RSI.
This is an update for entry area to buy up, RSI bottomed at 27 reading and market hit a good support area as depicted in it's history.
Market has now retracing down to possibly form a double bottom as it often does, then a good uptrend likely to follow.
Will try a harmonic pattern for market to highlight possible take profit and retracement areas.
Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes.
Original chart from two weeks ago attached.
#NZDUSD Will continue the trend?We are trading with the trend and currently, we are on a downward trend, a few more reasons to sell signal:
1. The nzdusd price is below the 200 moving average.
2. The indicator Ichimoku indicates continued declines.
Entry price:0.6657
Take profit: 0.6480
Stop loss:0.6730
New Zealand Dollar / U.S. Dollar NZDUSD to BUYMarket getting ready to change trend for a buy .
RSI signalling oversold at 37 reading.
Get in on buy and enjoy your profits.
Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes.
Possible Long Position for NZDUSDPossible long position available for NZDUSD. I have been away for. a while but as soon as I jumped on a couple of days ago, I had already predicted and drawn that parallel channel before the last 3 daily candles came out. We can see a strong push to a strong support zone which could indicate that a reversal will be occurring. I have set a tiny stop loss of 17 pips for this one with a take profit of 92 pips which makes for a good risk to reward ratio. Keep an eye out for updates. FX:NZDUSD
