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Newzealand

NZDUSD moving south?Analysis is based on multiple fibonacci plots: monthly, weekly, daily and hourly intervals. Short-term analysis: Please pay attention to the main trend and don't get scared of the short term noise. NZDUSD will move according to arrows visible on the plot it means there will be a chance to enter longs and shorts. Long-term analysis: In my perception NZDUSD is loosing momentum (daily/weekly) and will continue going down. Moreover, pattern of stock market from 1996 to 2001 looks very similar to what we have at the moment 2014 onwards - please have a look at monthly chart of NZDUSD. 1996 top price was 0.715 while bottom was reached at 0.391 in 2000 - ratio of -1.82 2014 top price was 0.882 if ratio is going to repeat itself then price may reach 0.48 I expect similar pattern in the next financial crisis. Nonetheless, NZDUSD is moving down already that could only mean we are already in hidden crash and there is more downwards move to come.
by Simon_says
NZD/JPY, DAY CHART, SHORT (18-FEB-2017)From the Price Action, there are more selling pressure than buying pressure in this consolidation pattern. From COT Report, For JPY, there are more non-commercial positions added to long side. From both Price Action and COT Report, there is confluence that NZD/JPY might go down further. Here are 2 trading plans for you: 1. When the price break the support level, short 2. If the price pull back to previous resistance level, wait for bearish signal to short
Short
by YongLiang
Short KiwiMight not have the best cypher pattern, but it is very close (it is off by 0.02-0.03 in both extentions, but spot on the retracement). We are at very crucial point as we are hitting multiple resistance lines around the 0.73 level. USD looks like it is going to continue its bull run and I think one of the best pairs to go Long USD is this one. Again we have an RSI divergence, volume is going down overall but sell volume is growing. Lots of news are coming out this week and I expect to have a clear view about the direction of the market by the end of the week. A break below 0.7236 would be a clear sell opportunity, but selling now or near 0.73 has the potential to win a few more pips.
Short
by BitcoinMacro
H4 Cypher Pattern This is one of my very first ideas that I have shared that I felt has been deeply analyzed and calculated. This Pattern will go long, but I expect it to go short after the pattern has completed. Why? to retrace and hit fibonacci levels such as the 0.5 and 0.382. For those are common levels that the market loves to hit before continuing its destination. You can easily still trade within this pattern on lower timeframes, just use this as a guide to look at the overall viewpoint of a long trend.
Long
by Bermytrader
16
NZD/USD, DAY CHART, SHORT (2-JAN-2017)Note: Congratulations to those who follows our winning trades on this pair last few weeks. Again, the price having correction as per our prediction previously. Now, we have 2 trading plans for this: 1. The price pullback to both the resistance zone and 20-EMA, followed by a bearish signal. A good signal to short with right risk amount. But caution on the 1st opening week on forex market behaviours. 2. When the price breaks the immediate support line, we can look for opportunity to short again.
Short
by YongLiang
HUGE EURNZD BULL MOVE COMINGAfter an impulsive 5 wave move higher, we have been for more than a year in a corrective pattern. This falling wedge pattern is in my opionio coming to an end. Several hints are showing an exhaustion around the 1.50 handle. Including the 78 fibo retracement level, and a big monthly trendline acting as support. I think in the coming weeks, months there might be a huge move higher coming. Patience is key and play it wisely with decent money and risk management.
Long
by IamJeanPaul
NZD/USD, SHORT, DAY CHART (24-DEC-2016)Note: Congratulation to those who follow our winning trade last week. Overall, we are bearish on this pair due to both H&S pattern and the trend following. We have 3 Trading Plans for this trade now: 1. Wait the price correction back to resistance zone, followed by bearish signal to short. Short with right risk amount. 2. Watch the immediate support line at 0.683 level, pullback high likely happen here. Wait for bearish signal to short after breaking this support line. 3. Short now with little risk amount.
Short
by YongLiang