Signs of NZD currency slow down. Seen a strong resistance at the .618 showing no sign of breaking after yesterdays retracement.
Trend is overall downward, will put in a short trade back to support. Take profit: 0.6230 Stop Loss: 0.6291
Hello Traders, welcome to the Daily Forex technical analysis. Today is August 14th, 2019 and we will be taking a look at the New Zealand Dollar against the Swiss Frank. Looking at the 4 hour time frame price action is currently finding support near the .626 area. If we can find support at this region and break upwards we will look for the best entry long. Entry...
Price opened below daily and weekly pivots. Volume confirms short position. Target yearly pivot support S1. From my pivot calculations I expect AUD and NZD pairs are going to drop about 180 pips. All major USDXXX pairs are at very crucial level - yearly pivot but volume pressure is heavily bearish and I see USDCHF is piercing down through yearly pivot but I will...
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
Analysis team long on NZDCAD @0.8554 with 2 long term targets on 7th August, 2019: TP1 @0.8781 TP2 @0.89633
Analysis team placed an intra day buy on NZDUSD @0.64260 with 2 targets on 7th August, 2019: TP1 @0.6436 TP2 @0.6477
Reaching the specified PRZ range seems to be the appropriate range to reverse the downward movement of this currency pair. The profit margin is specified in the image. Given the declining pace, this analysis needs a trigger.
It looks to me like there will be a drop to fib 1.618 before an upswing for a long opportunity
Price is showing potential to move to our target price level. Red line - stop loss Green line - Take profit
NZDCHf has probably completed wave "c" and it's correction started from 18 dec 2018 and is ready to start new bull trend and make new high.stoch indicator is in deep oversold position and by getting bull reversal at lower timeframe(H4 or H1) one can enter to a long trade.
D1 - Bullish hidden divergence H4 - Price reached a strong support zone, bullish divergence H1 - Bullish divergence, if the price moves higher and break above the last high we may then look for pullbacks and buys with bullish evidences.
Buying at market price 0.65437 with # SL below the pin bar @ 0.65108 and # TP at previous swing high @ 0.66148 You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg Join me in Forex Bootcamp for live updates using the link below. Happy trading :)