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Nzdusdforecast

NZD/USD Short AnalysisHello everyone, Seildev here for another brief Analysis on NZD/USD: - Respected daily resistance from 7th/Nov/2016 - Weekly resistance at 0.7300 since 20th/June/2016 - 0.7300 Psychological number - Nice doji candle forming at daily For aggresive approach - Area of interest to short around 0.7265 For conservative approach - Area of interest to short after daily close below 0.718 Will be monitoring tonight to see where the daily candle closes. Once 0.7328 is broken, all ideas above are invalid and will look for upward trend Safe trading everyone.
Short
by seildev
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!
Long
by bearvsbullmarket
NZDUSD bouncing up perfectly, remain bullishBuy above 0.6985. Stop loss at 0.6934. Take profit at 0.7092. Reason for the trading strategy (technically): Price has bounced up perfectly from our buying area once again and is on track to our profit target. We remain bullish above 0.6985 support (Fibonacci retracement, horizontal overlap support) for a further push up to 0.7092 resistance (Fibonacci extension, Fibonacci retracement, horizontal overlap resistance). RSI (34) has made a really nice bullish exit signalling that a further bullish movement can be expected on NZDUSD. A bullish pullback to support is also seen signalling that a bounce is impending before a further rise. To read about the daily technical analysis strategies in more detail, you can check them out here : www.theforexarmy.com
Long
by theforexarmy
NZDUSD profit target reached perfectly, time to start sellingSell below 0.7240. Stop loss at 0.7285. Take profit at 0.7176. Reason for the trading strategy (technically): Price shot up and reached our profit target perfectly from yesterday. We now turn bearish below 0.7240 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a drop to 0.7176 support (Fibonacci retracement, horizontal overlap support). Stochastic (21,5,3) is seeing strong resistance below the 92% level.
Short
by theforexarmy
NZDUSD Jaunary 2017: New Year will be bad for NZDUSDTalking Point: Technical Strategy: Bearish Elliottwave View: Bear count confirmed Analysis From our last December's analysis on NZDUSD (New Zealand dollar vs US dollar), nothing much changed. We are on bear trend count and able to break and trade outside corrective channel. From last analysis and trade signal on which we earned +138 pips from shorting this pair @ 0.7035 and booked profit @ 0.6897 on cautious trade during holiday season. Same time, we were expected bounce from channel support which can be counted as a sub wave 4. During our today's review on count, we are on very much sync from our last analysis. We got a bounce and had a nice "Dark Cloud Cover" candlestick pattern. This pattern is also sync with our elliott wave view as wave 4 is terminated before wave 1 terminated (i.e. @ 6994). In elliottwave, wave 1 and wave 4 should not be overlap. Considering this facts, we know our risk level and long term view. This is good position to decide on trade and it's strategy to enter and exit from trade position. Action We re-initiated our short position with 0.69944 level and targeting below 0.6800. -- By Hoagtrading.com (@hoagtrading)
Short
by Hittesh