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Nzdusdidea

NZD/CAD bearish confirmation the trade will be executed.monitoring NZDCAD for a selling opportunity around 0.80400 zone. Canada experienced a trade surplus every year between 1970 and 2008. With the exception of the years 2011 and 2014, the trade balance has been in deficit since 2009. The highest trade deficits were reported with China, Germany, and Mexico in 2018, while the largest trade surpluses were recorded with the United States, the United Kingdom, and Norway in the same year.
Short
by forexinworld
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 some strength in the dollar. Due to MARKET RISK OFF in the previous few days, COMMODITIES also fell down very fast. Because of that, every NZD BASED CURRENCY PAIR was SOLD. But yesterday, AUD, NZD, CAD, CURRENCIES were in DEMAND due to MARKET RISK ON again. - Thus, COMMODITIES are becoming somewhat BUY. It also affects the NZD very strongly. - Anyway, NZDUSD can continue to BUY until the 0.6266 LEVEL. And after that, if the MARKETS RISK OFF, you can definitely SELL until the NZDUSD 0.5999 LEVEL. Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
by benny_marshall
Will the new increase (nzd/usd) be sharp?In my opinion, this currency pair is in a 5-wave downward trend. We are currently in the middle of wave 4 and the first part of wave 4 movement has been completed. Currently, we should expect the formation of the second part of wave 4. In the second part of the movement of wave 4, selling pressures will decrease and buyers will take over the market. As a result, the second part of the wave will be very sharp. Be successful and profitable
Long
by Ali_Mozafarie