✨NEW: NZDUSD ✨ SWING TRADE ✨
Updated
SLO2 @ 0.7425 ⏳
SLO1 @ 0.7150 ⏳
TP4 @ 0.7050 (closing ALL Buy Orders)
TP3 @ 0.6900 (shaving)
TP2 @ 0.6715 (shaving)
TP1 @ 0.6500 (shaving)
BLO @ 0.6325 ⏳
📈 I'm anticipating a continuation of the UT. If I'm correct, we have some BIG MONEY coming.
TECHNICAL ANALYSIS
The New Zealand economy is expected to grow at a faster pace than the US economy in 2023, and this could lead to a stronger NZDUSD exchange rate. Additionally, the Federal Reserve is expected to raise interest rates more aggressively than the Reserve Bank of New Zealand, which could also support an uptrend for the Kiwi Dollar.
Overall, the current technical analysis for the Kiwi Dollar is mixed. There are some technical indicators that suggest that the downtrend could continue, but there are also some fundamental factors that could support a near-term uptrend.
Keep monitoring these indicators:
The 200-day moving average: This is a long-term moving average that can provide support or resistance for the NZDUSD pair. If the price breaks below the 200-day moving average, it could signal a continuation of the downtrend.
The MACD indicator: This is a momentum indicator that can help to identify overbought and oversold conditions. If the MACD indicator turns bearish, it could signal that the downtrend is resuming.
The relative strength index (RSI): This is a momentum indicator that can help to identify overbought and oversold conditions. If the RSI falls below 30, it could signal that the Kiwi dollar is oversold and due for a rebound.
SLO1 @ 0.7150 ⏳
TP4 @ 0.7050 (closing ALL Buy Orders)
TP3 @ 0.6900 (shaving)
TP2 @ 0.6715 (shaving)
TP1 @ 0.6500 (shaving)
BLO @ 0.6325 ⏳
📈 I'm anticipating a continuation of the UT. If I'm correct, we have some BIG MONEY coming.
TECHNICAL ANALYSIS
The New Zealand economy is expected to grow at a faster pace than the US economy in 2023, and this could lead to a stronger NZDUSD exchange rate. Additionally, the Federal Reserve is expected to raise interest rates more aggressively than the Reserve Bank of New Zealand, which could also support an uptrend for the Kiwi Dollar.
Overall, the current technical analysis for the Kiwi Dollar is mixed. There are some technical indicators that suggest that the downtrend could continue, but there are also some fundamental factors that could support a near-term uptrend.
Keep monitoring these indicators:
The 200-day moving average: This is a long-term moving average that can provide support or resistance for the NZDUSD pair. If the price breaks below the 200-day moving average, it could signal a continuation of the downtrend.
The MACD indicator: This is a momentum indicator that can help to identify overbought and oversold conditions. If the MACD indicator turns bearish, it could signal that the downtrend is resuming.
The relative strength index (RSI): This is a momentum indicator that can help to identify overbought and oversold conditions. If the RSI falls below 30, it could signal that the Kiwi dollar is oversold and due for a rebound.
Note
USD News @ 05:30 PT / 08:30 ETNZD News @ 15:45 PT / 18:45 ET
Note
NZDUSD...UT (4m)
BSO @ 0.6305 ⏳
BLO @ 0.6285 ⏳
ADDITIONAL INFO:
📈 Now that the USD News is complete, PA is FINALLY respecting the uptrend
🤔 Here are some additional Buy Order opportunities to catch this uptrend
Note
NZDUSD...UT (16H)
In case you wanted to know, YES, I'm still "hodling" my long like a novice BTC trader 2 years ago. 🤣
Trade active
NZDUSD...UT (5m)
— Based on TEMASHA, PA is finally moving in our favor to the upside
Trade active
HERE'S ARE SOME NEW BUYING OPPORTUNITIES
NZDUSD...UT (15m)
BSO @ 0.6260 ⏳
BLO @ 0.6252 ⏳
-SL @ 0.6225 🚫
Professor C. E. Ward
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.