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Kiwi

NZDUSD | Supply and Demand zones | 1H short setup ________________________________________________________________________________________ Trading Rules: Avoid the Obvious: Profits rarely come from following the majority or the crowd. When you see a perfect trade setup, it’s likely that everyone else sees it as well, planting you in the crowd, and setting you up for failure ________________________________________________________________________________________ Press Like if you like it You are welcome to share comment Hope this is helpful, Thank you for your support, have a great day
Short
by Aidin_Jabarpoor
ORBEX: Fed Injects Money in Repo Markets BUT Is That Really QE?Market participants seem to have taken Fed’s liquidity injections as QE, dragging dollar down. Despite increasing the balance sheet, the Fed’s move should be really reassuring investors that funding pressures, at least in the short-term, are and will be lower. Or, should it not? Well, the demand for funding was slower than expected near year’s end. But is this perhaps because institutions are trying to shrink their balance sheets to hit yearly targets...? Timestamps USDCHF 2H 02:00 AUDUSD 2H 04:50 NZDUSD 2H 05:55 Trade safe Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice
by Orbex
ORBEX: Risk Up on LOWER TARIFFS As China Announces Import Cuts!China announced they will be lowering tariffs on a number of items come January 1st, making markets looking more festive ahead of Christmas! Aussie and Kiwi took the headlines with a positive tone, however, Cable kept entering lower territories on the back on post-election no-deal fears! Will the Santa rally continue? Have a look at our Elliott Wave analysis for further clues! Timestamp AUDUSD 2H 01:15 NZDUSD 2H 04:10 GBPUSD 2H 06:20
by Orbex
NZD/USD was Underpinned After Better GDP DataNew Zealand Dollar is among the strongest majors following better than expected GDP growth. New Zealand GDP grew 0.7% qoq in Q3, above expectation of 0.5% qoq. Q2’s growth rate was revised sharply lower from 0.5% qoq to 0.1% qoq. Technically, the next direction of the NZD/USD next sessions is likely to be determined by trader reaction to the 61.8% Fibonacci level at 0.6567.A sustained move there will indicate the presence of buyers. Also on a daily chart we have confirmed bullish cross on 50-day SMA above 100-day SMA. So, we prefer the bullish scenario until the pair keep trading above 200-day SMA at 0.6531. The first upside target is 0.6666. In that area we have the upper boundary of the daily Bollinger Bands, the resistance line of the bullish price channel and 78,6% Fibo level. On downside, a clear break bellow 0.6567 will indicate that sellers have re-emerged. They are going to try to form a secondary lower top. If this move creates enough downside momentum then look for a break to the 11th Dec. low at 0.6522. Taking out this level will change the main trend to downward with 0.6497 the next major bearish target (50% Fibo). Take in mind, that additionally, details of the US-China trade relations and US President Donald Trump’s impeachment voting will also entertain investors. We're expecting to share with us your opinion in the comments bellow.
Long
by ForexTrendline
NZDCAD Uptrend Exhausting?NZDCAD was a trade we took to the upside and hit our upside target. From here, we talked about watching for a potential trend reversal, and we are very likely getting this now. The uptrend with higher lows and higher highs is now exhausting. 0.8635 is the higher low we are working with and are awaiting the break and close below. You can see we expect a lower bounce pattern here or some sort of head and shoulders pattern. This will confirm our first lower high with the lower low that would be made with the break and close. Another confluence of course is where price reversed, was a big flip zone. Watching for the break and close and we will then enter, with our target being 0.8560.
Short
by Uncharted-FX
More Kiwi Strength? - NZD/USD Ichimoku Long TradeThis pair has been on a larger bullish run over the past few weeks and I am looking for that to continue. We are down near kijun sen here and I am looking for a push back up and beyond price structure highs we saw last week. I am looking for a good support candle to form to buy on for a chance to go ahead and get long to our targets I've drawn out. If we fail to hold support or if our bullish confirmations change, this setup may become invalidated.
Long
by The808Trader
Can NZD Keeps its Gains Against USD? The New Zealand Dollar could be weakening on profit-taking and we can see a pullback into a support area at 0.6567, which is 61.8% Fibo retracement on the fall from 0.6790 to 0.6203. But the pullback from 4.5-month high could be temporary, cause on the daily chart we may have a bullish crossover of the 50- and 100-day SMAs. Once its confirmed, this should attracted the buyers. Additionally, NZD/USD printed a daily bullish engulfing candle yesterday, signaling the bullish momentum is not exausted yet. If the buyers pick up, the nearest bullish target is 0.6666 (78,6 Fibo level). In event we have a clear break there, this could extend the upside trend towards July 24 high at 0.6723. And of course don't forget to keep a close eye on fresh developments surrounding the US-China trade talks. In case sides fail to reach a deal and the US ends up hiking tariffs on Chinese imports on Sunday, the trade-sensitive kiwi could start erasing this week's gains. Bellow 61.8% Fibo the next support is around 0.65 - 0.6475.
by ForexTrendline
4
More Kiwi Strength? - Ichimoku NZD/USD Long Trade SetupThe kiwi has been on a rise for the past week and now I am looking for a drawback and support to hold for a chance to get long back into that trend. We're close to entry here at market open which actually may give us a quick entry into this with the gap that formed. I've drawn out price structure targets on our way to overall price structure resistance that I'm aiming for. If we fail to hold support or if our bullish confirmations change then this setup may become invalidated.
Long
by The808Trader
ORBEX: "Tariff-Man” Return Risk-Positive, PMIs Weighs on Dollar!In today’s market insights I talk about Trump’s latest tactical move to intimidate China into a partial deal! With China having retaliated for the HK bills and manufacturing data confirming that the trade spat is now weighing on on the US economy, risk appetite returns with the Tariff Man! Will tariffs against Brazil and Argentina push China in the corner, or the dollar itself? Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice.
by Orbex