Nzdusdshort
NZDUSD - Bearish BiasNZD - Weak Bearish
1️⃣ The expectation of an interest rate hike is already expected. Not surprising the market.
USD - Strong Bullish
1️⃣ The dollar strengthened amid concerns over slower growth and continued high inflation.
2️⃣ The Fed also hinted that an interest rate hike will be achieved sooner than previously expected.
3️⃣ The US ISM Services PMI was published higher in September.
4️⃣ Private businesses in the US hired 568 thousand workers in September of 2021, the most in three months.
5️⃣ Markets expect that the economy in the United States will add as many as 460K jobs in September, enough to force the Fed to start tapering before the end of the year.
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Technical
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We are selling the NZDUSD after it bounced back at the SBR level.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
Don't forget to like, comment, and subscribe for more ideas.
NZD/USD:DOWNTREND |PRICE ACTION+HARMONIC PATTERN|SHORT 🔔Welcome back Traders, Investors, and Community!
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NZDUSD - Bearish BiasNZD - Strong Bearish
1️⃣ The expectation of an interest rate hike is already expected. Not surprising the market.
2️⃣ Coronavirus cases in New Zealand. The number of cases reported today was 39 cases compared to 34 the previous day.
3️⃣ Global market sentiment traded lower due to the uncertainty of the US debt limit. Risky market sentiment usually weighs on high-beta currencies such as NZD & AUD.
USD - Strong Bullish
1️⃣ The dollar strengthened amid concerns over slower growth and continued high inflation.
2️⃣ The Fed also hinted that an interest rate hike will be achieved sooner than previously expected.
3️⃣ Investors are paying attention to reports that Chinese real estate company Evergrande has delayed two bond interest payments in the last two weeks, with its offshore debt totaling around $ 20 billion.
4️⃣ Markets expect that the economy in the United States will add as many as 460K jobs in September, enough to force the Fed to start tapering before the end of the year.
5️⃣ The ISM Services PMI printed higher in September.
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Technical
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We are selling the NZDUSD after it breaks the support levels.
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Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Don't forget to like, comment, and subscribe for more ideas.
#NZDUSD SELL OPPORTUNITYIn 4H time frame we have clear bearish move, which followed by bullish corrective move. price retraced to 50% area of Fibonacci ratio in corrective manner, price failing to create HH which base on Dow theory is the first signal for trend weakness.
for trading this pair at 6th of October if price manage to come lower than 0.69490 and remain below the EMA 144 in 15 minute time frame could signal for short position first target is 0.69130 and 2nd target would be 0.68950.
will update this pair again for u guys.
NZD/USD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
NZD/USD: Daytrade-Preparation
Market-Sell: 0.69215
Stop-Loss: 0.69500
Point of Risk-Reduction: 0.68950
Take-Profit: 0.68070
Stop-Loss: 28 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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NZD/USD 2 Entries Running In 500 Pips Hit All Targets 0 DrawdownThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions