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Nzdusdtrade

20 REASON FOR LONG NZDUSD 1: Structure analysis time frame: 4 HOURS 2: Profit target time frame: DAILY 3: Trade type: SWING 4: Entry Time Frame: H4 4.1 Entry TF Structure: BULLISH 4.2 entry move: CORRECTIVE 5: Support resistance base: H4 FAIR VALUE GAP 6: FIB: DISCOUNTED AREA 7: candle Pattern: DOJI REVERSAL 8: Chart Pattern: FLAG 9: Volume : SUPPORTIVE 10: Momentum UNCONVENTIONAL Rsi: SIDEWAYS TO BULL 11: Volatility measure Bollinger bands: MIDDLE BAND SUPPORT 12: strength ADX: BULL 13: Sentiment ROC: RETRACEMENT 14: final comments: BUY AT 15 MIN COMFIRMATION 15: decision: BUY 16: Entry: 0.5775 17: Stop losel: 0.5745 18: Take profit: 0.6090 19: Risk to reward Ratio: 1:10 20:Excepted Duration: 7 DAYS
Long
by Optimum369
1
NZD/USD likely to fall!Hey tradomaniacs, NZD/USD has created a double-top at the key-resistance-zone with the break and retest of the previous trendline. Could be a good opportunity to short even though fundamentals are very mixxed as the market has no idea how to react to the todays ECB-Statement. Strong Rate-Hikes combined with a bad outlook for the next quarter and year is usually a very bad combination and could boost the US-Dollar with a rosk-off-sentiment. On the other hand the market could price in less rate-hikes when inflation settles down and the up-inflation-risk weakens. However, technically a good chance.
Short
by Trading2ez
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#NZDUSD - NZDUSD has been going down very fast in recent days. The reason for that is because of the VIX UP and the strength of the dollar. But because the MARKET RISK was ON in the previous few days, COMMODITIES also went UP very fast. Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due to MARKET RISK ON again this week. For that, the influence of USD was very strong. Fomc update also affected it strongly this time. - Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly. - Anyway, NZDUSD can sell further until it reaches 0.5472 LEVEL.. After that, you can BREAK the TREND LINE and move to the NZDUSD 0.5875 LEVEL. Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
by benny_marshall
NZDUSD: two liquidity zones from which I'll go shortHi Traders, This is my view for this week on: - NZDUSD I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view. Pit DISCLAIMER: Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice. ———————————
Short
by kitchen_trading