Nzdusdanalysis
NZD/USD about to fall!Hey tradomaniacs,
NZD/USD just tested a strong key-resistance-zone and is likely to fall due to a reload of sell-limits at the top combine with weak aggressive buyers which are not interested to lif the offer yet.
If those don`t get filled it is likely to see a drop here.. at least another correction of zones of more open interest.
What do you think?
NZDUSD: bears eyeing 0.64 levelNZDUSD has crossed its demand level now acting as supply zone. The pair is in a strong bearish momentum on high timeframe which is also caused by a strengthening of the US dollar. The pair is also seen moving within a falling channel. I expect price to fall from the supply zone and the target will be 0.64.
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NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS- NZD FEATURE is currently down a bit. The main reason for this is the slowdown in COMMODITIES and the slight strength of the USD. The POSITIVE SENTIMENT for USD has not diminished yet. The NZD FEATURE stands at 0.6560 LEVEL. The DXY is currently up to 102.54. According to the MARKET SENTIMENT and the USD is currently slightly STRONG. Prices are below NZDUSD DYNAMIC LEVELS.
- Currently the SENTIMENT of the OVERALL MARKET is moving towards the RISK ON side. Also the EQUITIES have become a bit GREEN. VIX is getting a bit DOWN. Also COMMODITIES is showing a UP SIDE BIAS right now. MARKETS currently have a NEUTRAL SENTIMENT, but the RISK ON SENTIMENT is too heavy. HIGH BEATA CURRENCIES are also UP going very well.
- NZDUSD PRICE can return to 0.6520 LEVEL and then UP from that LEVEL. NZDUSD SHORT TERM may be further BUY if COMMODITIES PRICES UP UP, VOLATILITY DOWN.
- NZDUSD PRICE can go to 0.6520 LEVEL before UP. Then you can BREAK the TREND LINE and UP to 0.6730 LEVEL. Buying NZDUSD is a bit risky if VIX is UP. So stay tuned with MARKET UPDATES.
NZD/USD Bullish Price Action Give Us A Risky Long Entry !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZDUSD top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NZD/USD Short Entry UpdateHey Guys!
My long entry I took last week at 0.6804 with a stop loss at 0.6724 and its main target at 0.7034 was just stopped out.
In this video, I explain the reasoning for the long entry, moreover, what happened that lead to its failure and what I learned from this loss.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
NZD/USD likely to FALL!HEy tradomaniacs,
NZD/USD is testing the current upper trendline of the trendchannel and retraced the previous breakout which is giving us a great opportunity to follow the recent impulse to the downside.
Technically a great chance to sell if risk-off-mood stays in the market.
What do you think?
NZD/USD Short Entry UpdateHey Guys!
The Nzdusd's daily bias became long yesterday, or in other words, price is likely to reach 0.7034 before reaching 0.6724.
So I took a long entry a couple of hours ago at 0.6804 with its stop loss at 0.6724 and its main target at 0.7034.
In this video, I explain the reasoning for the short trade abort yesterday, and moreover why I entered long today and further explain what I'll be looking for in terms of trade management for this long entry.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
NZDUSD | Perspective for the new weekA bullish trendline is identified in the 4H timeframe and this line also shares a confluence with a significant key level at 0.68250. We shall hereby be looking for a breakout of a reversal set-up for a signal to join the potential bullish trend. However, a breakdown/retest of key level might incite a risk of further decline hence the need to be very conscious as we monitor price action.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Good sell opportunity on NZDUSDHello traders,
NZDUSD broke below the rising trendline support as we see on 4 hour timeframe the chart on the left. On daily timeframe, price got rejected from the resistance of the falling channel and fell. I expect price to continue declining. My initial target is 0.66087.
Please support this idea with likes if you find this beneficial. If you have any thought please share in the comment section below. I will be glad.
NZD/USD Short Entry UpdateHey Guys!
The daily bias was short. Or in other words, price is likely to reach 0.6724 before reaching 0.7034.
So I took a short entry yesterday at 0.6908 with a stop loss at 0.7034 and its main target at 0.6724.
However, there were signs of lower time frame strong long strength kicking back in, so I just abort the short entry at 0.6877.
In this video, I explain the reasoning for the abort, and moreover what I'll be looking for in terms of trades on the nzd/usd.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.