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Nzdusdanalysis

NZDUSD - Short/Sell Idea - Descending ChannelNZDUSD - Short/Sell Setup - NZD has been trading inside a descending channel since mid June. At the moment it is testing the upper trend line of said parallel channel, it also has tested a recent resistance area and price has seemed to have rejected this area, quite strongly, similar to the last time it met this level. Upcoming news for NZD is also looking negative for NZD Always Use good risk management, only risk 1% or less on any given trade. When a certain % or pips in profit move stop loss to breakeven. Also you can take partials along the way or trail profit in case of a reversal or if price surpasses our target level.
Short
by dinomalik
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#NZDUSD - Currently NZDUSD is going down very fast. The reason for that is the VIX UP and the strength of the dollar. Due to MARKET RISK OFF in the previous few days, COMMODITIES were also sold down very fast. Because of that, every NZD BASED CURRENCY PAIR was SOLD. - Thus COMMODITIES are going down. It also affects the NZD very strongly. The weak currency of CURRENCY STRENGTH was the New Zealand dollar last week. RBNZ made a RATE HIKE today. Everyone knew for a long time that the RBNZ would do a RATE HIKE. Therefore, NZD did not get much attraction at that time. - Anyway, NZDUSD can move further until it reaches 0.5999 LEVEL. And after that, if the MARKETS RISK is ON, you can definitely BREAK the TREND LINE above the NZDUSD and BUY until it reaches the 0.6500 LEVEL. Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
by benny_marshall
NZDUSD – Classic breakout-pullback setup for the week of 04 JulyPreceding trend – bearish Current price action – Pullback to a major level My chart shows exactly what I am seeing and anticipating. Note that a recent breakout-pullback on the bullish side recently worked out well too. I will be looking for an entry on H1 time frame. We can have a large target here, as the next major support I can see is way down to 0.5920. I intend to place my initial target at 2R and then look to extend it if price action shows me that we have good momentum with the bears. If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications. Always use sound money and risk management and stay patient in all your trades.
Short
by Trading_Vista
Nzdusd---FAKEOUT or BREAKOUT??????NEITHER!. Am not going to try to PREDICT where the market will go, only GOD can do that. Am just going to wait for price to choose a direction and REACT to that..... Am seeing that the fakeout option offers a high RR of 1:4, so am praying for that direction as I get to make more money. Targets and stop on the chart, if am wrong I lose 1R, if am right I get 4R, and there is a 50:50 chance......so worth the risk!. Like & Subscribe..... Let's SWING it, guys....
Long
by LexyenHille