ZXY
New Zealand Index Long Setup WeeklyPrice has been ranging on weekly with distinctive lower high patters , I see price move up one more time to the upper range to either retest the Resistance zone or the broken triangle.
This effect may follow up in NZD strength throughout the NZD minors.
ZXY Hard To Tell - Short Term Strength | Long Term Weakness? What are your thoughts on NZD INDEX?
We could see a short term strength back up to the top of the trend followed by nice weakness...?
Kiwi Anyone?Kiwi Index has broken previous monthly lows. Weakness maybe? Could see some great opportunities with NZDJPY appearing today!
Bearish on NZD next daysNZD index (ZXY) is bullish long term trend since 1994. What we are seeing now is a small retracement which can last a few weeks more before NZD will shoot tothe skies....
audnzd longaudnzd long
audnzd is now in uptrend
create new high
breakout consolidation
trendline
breakout downtrend line
take profit arround 100pips
nzdjpy shortnzdjpy short
trendline breakout
consolidation breakout
structure breakout
wait retracement to 38%
new lowww structure
tp 70 pips
ZXY (New Zealand Dollar Index) LongLooking to long ZXY when bears loose momentum @ the highlighted green area between 68.2- 70.2
Bearish HSH pattern in NZDUSD & ZXY!!! We are facing a Head Shoulder Head Bearish pattern in OANDA:NZDUSD , same pattern that we are looking from TVC:ZXY On May 11th,2017 resistance, please wait until price level goes low to 0.72150 zone and jumps up to a PE level of 0.73450.
Please refer to TVC:ZXY graph!
For price entry, please refer to a MACD analysis in a 4H or 1H time frame.
Safety trade folks!!!
Bruno Carrasco
$ZXY $NZD A few different short scenarios this week #ElliottWaveHey traders, I wanted to share some short bias on the kiwi for this week. There is clear trendline resistance coming up. If the trendline is broken, be careful trading the breakout as it may be the completion of wave-((B))-of-y. Cheers
Kiwi Respecting Modified Schiff in Exanding Wedge $NZD $ZXYBias is toward the downside as we see the kiwi respecting a modified schiff through a potential final leg of an expanding triangle. If top resistance is broken, this bias will be re-evaluated. For now, target is near bottom trendline and bottom median line parallel.
NZDUSD cyclical movesNZDUSD has been cycling up and down from the 50% retrace of a June upswing, and is now in heading up again after finding support at 50%. Past price action shows a good probability of reaching the 0% line around 0.73
This current set of fibs was drawn July 7th using Weekly data and has highlighted a few tradeable entries over the past four months or so. This pattern remains valid until either -23.6% or 61.8% line is broken.
The ZXY and DXY currency indexes are currently moving in opposite directions after reversing from recent support & resistance. I think this opposite movement - negative correlation - increases the chances of a profitable change, and at the very least gives a headsup if one of the currencies in the pair may work against the trade.
A great entry would have been the point highlighted by arrows - all three charts lined up increasing likelihood of a profitable trade on the NZDUSD.
