Nzdusdtrade
NZDUSD - Short/Sell Idea - Descending ChannelNZDUSD - Short/Sell Setup - NZD has been trading inside a descending channel since mid June. At the moment it is testing the upper trend line of said parallel channel, it also has tested a recent resistance area and price has seemed to have rejected this area, quite strongly, similar to the last time it met this level. Upcoming news for NZD is also looking negative for NZD
Always Use good risk management, only risk 1% or less on any given trade. When a certain % or pips in profit move stop loss to breakeven. Also you can take partials along the way or trail profit in case of a reversal or if price surpasses our target level.
NZD vs USD falling wedgeThe prices are in the falling wedge. The value of the NZD against the USD is in the downtrend. We expect the price to break to the upside from the falling wedge formation. Our entry would be the breakout. It is expected that the NZD will be valued after falling wedge. The Demand Index crossed the 0 number upwards. In the same perspective, CMF crossed the 0 number upwards. The Demand Index and CMF indicators show that NZD will be valued against the USD based on the results of the chart.
Target in the chart
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!
NzdUsd- Bottom in placeLast week, NzdUsd has broken under important 0.62 support. However, the pair lacked continuation and has blocked and formed new strong support above 0.61.
Friday's candle is a Pin Bar exactly from this support which can be the signal for reversal.
Confirmation for reversal comes with a break back above 0.62 and, in such a case, NzdUsd can continue its ascent to important 0.64 zone resistance.
I'm bullish as long as last week's low is intact
NZDUSD Buy AnalysisHey traders, here is the analysis for the NZDUSD. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
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!
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS - NZDUSD is currently DOWN very fast. This is because of the VIX UP and the strength of the dollar.
- Thus COMMODITIES are DOWN. It also has a very strong impact on the NZD. The CURRENCY STRENGTH WEAK CURRENCY is the New Zealand Dollar.
- NZDUSD can move further up to 0.6185 LEVEL. Also, if the MARKETS RISK is ON after that, you can definitely BREAK the TREND LINE above NZDUSD and BUY up to 0.6571 LEVEL.
Is the NZDUSD bearish or bullish? The Reserve Bank of New Zealand (RBNZ), showing concern about inflation, made another 50bsp hike during May taking its Official Cash Rate to 2.0%. The hawkish tone and actions of the RBNZ paired with fears the US economy could tip into a recession by the end of the year have helped the NZD regain some composure over the past couple of weeks.
The NZDUSD made a significant bounce at around 0.62000 after its descent during the first few weeks of the month. Now, the NZD is showing some sign of weakness as it again attempts to breach the 0.63100 resistance level.
During last week, we saw mixed data for the Kiwi dollar. The Business NZ Services Index showed a significant increase of 55.2 versus the previous data of 52.2, which indicates a stronger expansion in the services area. But on the other hand, Westpac Consumer Sentiment recorded the lowest reading ever of 78.7 since the survey began in 1988 which shows pessimism towards economic growth and low consumer confidence.
On the daily chart, the Williams Alligator Indicator is showing a strong downtrend signal as the price stays below the green 5-period moving average (alligator’s lips). While the other moving averages, the red 8-period moving average (alligator’s teeth) and the blue 13-period moving average (alligator’s jaw) are separated by a large distance between each other giving us a strong bearish trend signal.
However, a staunch support level might appear at the 0.62100 area. Given the fundamental analysis and a strong downtrend signal from the alligator indicator, a possible break out to the downside below the strong support zone may push the pair to the 0.60000 psychological price area.
NZDUSDmarket bos happened and also break demand zone we gonna bull side for NZDUSD market come to retracement ob and market come back to the level and shoot buy side
NZDUSD FOR 70 PIPSWith my three pin point formation in a supply zone for NU, i'm looking for a perfect sell setup for NU and looking at NU to close below yesterday's low 0.62165.
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!
NZDUSD Short Analysis NZDUSD structure looks good for the short.
I will be watching lower timeframes for entry. Thanks.
NZDUSD Chart H4Here is my view for NZDUSD on H4. 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!
NZDUSD Chart H4Here is my view for NZDUSD on H4. 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!
NZDUSD Chart H1Here is my view for NZDUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
nzdusd buy #nzdusd#nzdlong#nzdlongbuy#all the signs show the DXY should go down and my strategy is more diffrent than others
NzdUsd can drop againSince the recent low just above 0.62, NzdUsd started to correct higher and reached 0.6550 resistance.
Yesterday the pair has put on a bearish engulfing candles pattern on our chart and this could mark the signal for reversal.
The long-term trend for this pair is down and I expect it to resume.
I'm bearish on this pair as long as the price is under the 0.66 zone
NZDUSD Chart H4Here is my view for NZDUSD on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS- NZD FEATURE is currently slightly UP. The main reason for this is the UPA in occasional COMMODITIES and some weakness in the USD. The POSITIVE SENTIMENT for USD has not decreased yet. But from time to time DXY CORRECTION is happening. The NZD FEATURE stands at 0.6515 LEVEL. The DXY is currently trading slightly below 101.65. According to the MARKET SENTIMENT and the USD is currently slightly WEAK. Priced above NZDUSD DYNAMIC LEVELS.
- Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES still shows a NEUTRAL BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN.
- NZDUSD PRICE can be UP to 0.6660 LEVEL before DOWN. Then it can be DOWN to 0.6198 LEVEL. Buying NZDUSD is a bit risky if VIX is UP. So stay tuned with MARKET UPDATES.
NZD/USD. Kiwi can take off!The kiwi-dollar has lost more than 10% against the US dollar since April 5 and looks very oversold. Classic technical analysis indicators show multiple divergences on the H1-H4 charts. Our trading strategy indicators also gave signals about the weakening of the downtrend movement and a high probability of NZDs bounce.
Based on the available data, we expect a limited NZD/USD growth over the coming week. A strong resistance, supported by the Fibonacci level, is at 0.6529 and is the most likely growth target.
How to trade.
Buy NZD/USD (open long) from the current levels or in the range of 0.6260-0.6270. The target is 0.6520-0.6530.
