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Nzdusddaily

NZDUSD to reverse from downside confirmation, potential drop! NZDUSD to reverse from its downside confirmation at 0.65393 where it could potentially drop further to 0.64837. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
NZDUSD to reverse from downside confirmation, potential drop! NZDUSD to reverse from its downside confirmation at 0.65974 where it could potentially drop further to 0.65619. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
1
NZDUSD approaching support, potential for a bounce! NZDUSD is expected to drop to 1st support at 0.66169 where it could potentially react off and up to 1st resistance at 0.66562. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone
NZDUSD to climb from downside confirmation, potential bounce! NZDUSD to climb from its downside confirmation at 0.66945 where it could potentially bounce further to 0.67320. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone
Elliott Wave View: NZDUSD Showing Incomplete SequenceNZDUSD has an incomplete 5 swing sequence from May 23, 2019 low favoring further upside. Short term Elliott Wave view suggests the pullback to 0.6565 on July 10, 2019 low ended wave ((X)). Pair then rallies from there as a zigzag Elliott Wave structure where wave (A) ended at 0.6737 peak. Up from 0.6565, wave 1 ended at 0.6608 and wave 2 pullback ended at 0.659. The pair then rallied higher in wave 3 towards 0.6689, and wave 4 pullback ended at 0.6661. Up from there ended wave 5 of (A) at 0.6737 peak. Pair is now in pullback in wave (B) to correct cycle from July 10, 2019 low before the rally resumes. We don’t like selling the pair and NZDUSD should see more upside after finishing the pullback in 3-7 or 11 swings.
Long
by Elliottwave-Forecast
NZDUSD reversed from resistance, potential drop! NZDUSD reversed off its resistance at 0.67156 where it could potentially drop further to 0.66613. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone