NzdUsd towards 0.67 again?Exactly like its currency sister Aud, Nzd has held support and now is reversing.
That being said I expect NzdUsd to continue its rise and a break of 0.66 interim resistance could lead to further gains towards 0.67.
As long as 0.6520 is intact buy dips is my preferred scenario
Nzdusdsignal
NZD/USD Is Going to Explode!At present, NZDUSD following a price channel pattern strategy. In the above chart, it has created three major parallel channels A , B , & C .
Pay attention to the parallel channel C. It is creating a new downtrend for a short period. Now, the New Zealand Dollar / U.S. Dollar can fall to the following levels:
Target Price 1: 0.67100
Target Price 2: 0.66936
Target Price 3: 0.66660
NZD/USD | bearish till 0.65038 ?NZD/USD delayed post.
NZD/USD selling pressure may reach 0.65800
Bearish momentum may fall to 0.65038
Resistance Levels: 0.66466, 0.66752, 0.66984
Support Levels: 0.66001, 0.65800, 0.65038
Possible good entry:
Entry price: 0.66400
Stop: 0.67067
Target: 0.65038
Let's watch...
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Short NZDUSDThere is the possibility that the first uptrend with the Ending Diagonal pattern ended in the range of 0.6797.By crossing the price range of 0.66011, the completion of the Ending Diagonal pattern is confirmed, we can hope the continuation of the downtrend extends up to the first target of 0.6380.
NZDUSD short trade (LONG)Hello friends.
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Everything on the chart.
open pos: buy on correction (pottential head&shoulders)
targets: 0.675
stop: under last local low (depending of ur risk). ALWAYS follow ur RM .
risk/reward almost 1 to 2+
Good luck
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NZDUSD Trade Plan: Short After Correction is CompletedNZDUSD declines in a five-wave impulse pattern from the red level on the chart. According to Elliot Wave theory, a three-wave retracement follows every impulse move before price resumes in the direction of the impulse.
As long as the price stays below the red level on the chart, I will be expecting further decline on NU once we see a decent corrective move.
What's your thought on NU? Kindly let me know in the comment.
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Veejahbee.
NZDUSD local signal (SHORT)Hello friends.
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Everything on the chart.
open pos: market
targets: 0.6565 - 0.654 - 0.652
after first target reached move ur stop to breakeven
stop: 0.668 (depending of ur risk). ALWAYS follow ur RM .
risk/reward almost 1 to 3
Good luck
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).
NZDUSD local signal (SHORT)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
targets: 0.656 - 0.654 - 0.652
after first target reached move ur stop to breakeven
stop: 0.6635 (depending of ur risk). ALWAYS follow ur RM .
risk/reward almost 1 to 4
Good luck
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).
NZD/USD - continued bearish momentum after peak above 0.6600During our last post on NZD/USD we were looking at price action on the weekly time frame and had estimated a continued bearish movement as price rejected from the upper boundary of the descending weekly trend channel. Price is currently posting another bearish candle on the weekly time frame if bearish momentum continues into Friday. This may change after the last candle of the week.
A weakening dollar did push price back up above 0.6600, but the level was strongly rejected with price falling quickly back to the support at 0.6572. Price has now broken through this level of strong support, with price currently hovering around 0.6500. We are expecting a push back up to 0.6572 to retest the level, before price then continues further down. We will be looking at the level of 0.6572 to enter a short position with a take profit target of 0.6500 and a second take profit target at the support of 0.6385. If price breaks and holds above 0.6572 on the daily, we will rethink our analysis.
NZD/USD at Control Price, should BUY or SELL?According to this chart, NZD/USD is trying to move forward. We may see a reversal from the control price and that could fly for T1 ( 0.6575 ) & T2 ( 0.6615 ). In the previous week, it has dropped -0.87% . Hence, keep your eyes on level of 0.6526 . This level breakdown indicates a strong sell signal. Later on, the NZD/USD journey starts for support level trendline (meantime, TP1 0.6500 & TP2 0.6470 ).
You can pick the control price or 0.6526 as a stop loss .
NZD/USD expect going to uptrendNZD/USD foreign money pair closed the buying and selling week close to 0.6600. The pair is traded above the higher boundary of the Ichimoku Kinko Hyo Cloud. It signifies that there's a bullish development for NZD/USD. This buying and selling week, the pair is predicted to develop and take a look at the higher sure of Ichimoku Kinko Hyo close to the extent of 0.6730. Merchants ought to count on the pair's try and rebound and additional development with a goal close to 0.6815.
NZDUSD Possible Short ScenarioEn ausencia de eventos de movimiento del mercado en los próximos 7 días, la reciente contracción de $ 74 mil millones del balance del banco central en la última semana, lo que podría ser un factor subficiente detrás del reciente aumento observado en el dólar estadounidense.
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Short $NZDUSD against .6500 for a test of .6200Hello Sophisticated Trader,
The $NZDUSD has a similar setup with the $AUDUSD, coupled with the renewed dollar strength that could potentially make this pair an attractive sell for a test of .6200. Any retest of .6500 would support a short and only a break and close above recent high would negate the potential test.
Remember to buy on support and sell on resistance.
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