NZDUSD Chart H1Here is my view for NZDUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Nzdusdsell
NZDUSD Chart H1Here is my view for NZDUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZD/USD likely to FALL!Hey tradomaniacs,
NZD/USD is likely to fall duie to the risk-off in equities and the strong US-Dollar.
Technically we`ve seen a fake-move to the upside and now a break to the downside.
The recent re-test could give us a nice opportunity to sell the next rally.
Let`s see =)
NZDUSDThe NZD/USD hovered near the 0.64100 ratio yesterday and remains within the weakest part of its long term price range as of today. Values of the NZD/USD are traversing prices not sincerely tested since June of 2020. However it should be noted that on the 4th of April, almost one month ago, the NZD/USD was trading near the 0.70300 vicinity.
Traders are certainly aware of the downward cycle the NZD/USD has encountered the past month as financial institutions have positioned their cash holdings, as they anticipate the next interest rate hike from the U.S Federal Reserve. However in January of this year the NZD/USD was trading momentarily near a low of around 0.64850 which highlights the forex pair has moved within these lower depths before and has managed to fight upwards.
While technical traders cannot be blamed for looking at long term charts and can plainly see the NZD/USD was trading near lows of 0.54850 in March of 2020, considerations must be correlated. Downward pressure in the NZD/USD has certainly continued to make short term support vulnerable as new lows have been created. The near term will be volatile as financial houses react to the pronouncement of the U.S central bank which will be published on late Wednesday. The lows of March 2020 were made as coronavirus fears escalated two years ago.
The U.S Fed has made it clear they want to raise interest rates by half a point tomorrow. This hike has been digested into the Forex market already. What investors need to now worry about is what moves the Fed claims it will take in the months ahead and that is causing nervousness. Short term traders need to understand that volatility will be quite rampant near term and choppy trading with spikes need to be anticipated.
Traders who believe the NZD/USD is about to touch lows and start to reverse upwards cannot be blamed. However timing the moment when the NZD/USD truly turns around and starts to become positive may be quite difficult to pinpoint. Traders who think new lows will be seen in the NZD and the 0.64000 mark is in peril and lower depths will be seen cannot be faulted either.
Within the choppy conditions that are likely to be demonstrated near term, speculators would be wise to use entry price orders. Igniting positions and using stop loss and take profit orders, to get in and out of positions could prove to be very helpful in the near term.
NZD/USD Short-Term Outlook
Current Resistance: 0.64710
Current Support: 0.64090
High Target: 0.65480
Low Target: 0.63810
NZDUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NZDUSD Chart H1Here is my view for NZDUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZD/USD about to fall!Hey tradomaniacs,
NZD/USD just tested a strong key-resistance-zone and is likely to fall due to a reload of sell-limits at the top combine with weak aggressive buyers which are not interested to lif the offer yet.
If those don`t get filled it is likely to see a drop here.. at least another correction of zones of more open interest.
What do you think?
NZDUSD - SELL OPPORTUNITYLooking to sell NU around SELL AREA and to close position in TP AREA (+30PIPS)
- Enter on signs of reversal
- Do not execute Sell if price breaks through Sell Area with Strong bullish momentum
Trade Safe
NZDUSD ShortAs we see the market is in a downtrend and break the previous higher low and now going further in a downtrend. So we make a Resistance Zone and a FIB 0.618 to 0.5 retracement area to take a Short.
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Not a Financial Advice..
NZDUSD Will Fall !!
NZD-USD went up just as I predicted
In my previus analysis and now the pair
Has reached a resistance cluster AT 0.70250
Of the falling and horizontal key levels
From where I am expecting a move down
Towards the local support below AT 0.67150
NZDUSD top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NZD/USD Short Entry UpdateHey Guys!
My long entry I took last week at 0.6804 with a stop loss at 0.6724 and its main target at 0.7034 was just stopped out.
In this video, I explain the reasoning for the long entry, moreover, what happened that lead to its failure and what I learned from this loss.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
NZD/USD likely to FALL!HEy tradomaniacs,
NZD/USD is testing the current upper trendline of the trendchannel and retraced the previous breakout which is giving us a great opportunity to follow the recent impulse to the downside.
Technically a great chance to sell if risk-off-mood stays in the market.
What do you think?
Good sell opportunity on NZDUSDHello traders,
NZDUSD broke below the rising trendline support as we see on 4 hour timeframe the chart on the left. On daily timeframe, price got rejected from the resistance of the falling channel and fell. I expect price to continue declining. My initial target is 0.66087.
Please support this idea with likes if you find this beneficial. If you have any thought please share in the comment section below. I will be glad.
NZD/USD Short Entry UpdateHey Guys!
The daily bias was short. Or in other words, price is likely to reach 0.6724 before reaching 0.7034.
So I took a short entry yesterday at 0.6908 with a stop loss at 0.7034 and its main target at 0.6724.
However, there were signs of lower time frame strong long strength kicking back in, so I just abort the short entry at 0.6877.
In this video, I explain the reasoning for the abort, and moreover what I'll be looking for in terms of trades on the nzd/usd.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
NZDUSD Breakout!NZD-USD was trading in an uptrend
But then the pair broke the rising support line
And as it now retesting the broken trend-line
I am expecting a bearish move down
To retest the support below AT 0.66681
NZDUSD Prediction H1Here is my view for NZDUSD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZD/USD Short TradeHey Guys!
The current daily bias is short. Or in other words, price is likely to reach 0.6724 before reaching 0.7034.
So I took a short entry yesterday at 0.6908 with a stop loss at 0.7034 and its main target at 0.6724.
In this video, I explain the reasoning behind the daily bias and some key points I'm looking at for trade management.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
NZDUSD short planFor me, i think, there is a big demand that this pair has to take before heading monthly Pivot might have to be tested before we go for monthly resistance 1.
NZDUSDThe New Zealand dollar initially tried to rally during the week but has run into a bit of resistance near the 0.70 level. By giving up those gains, we have formed a “two-week shooting star.” If we break down below the bottom of the candlesticks that make up the last two weeks, it is very possible we could drift towards the 0.76 handle, maybe even as low as the 0.65 handle over the longer term. This obviously would be a “risk-off” type of move.
NZDUSD Break out done for a buy. As we NZDUSD, price break the structure and now retesting, we have to follow the price action in the lower time frame and look for the buy option.
It would be a good trade idea. Just manage your risk , price can go in opposite direction. Do not risk more than 1%.
NZD/USD SHORT SELL OPPUTUNITY now......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE ME.
