Nzdusddaily
NZDUSD- Swing Trade (Short Idea)Weekly - Bearish
Daily - Bearish with retracement.
Confluences
Failed to break previous above previous structure.
Applied Fibonacci and sharply rejected the 0.786 level
Correlates with the DXY and so when the dollar goes up any currency pairs against the dollar will go down.
Let me know what you see in the comments below?
Trade safely!
NZD/USD uptrend appears to be coming to an end, potential sellNZD/USD has recovered well for the last two weeks. However, the recovery is facing
some resistance in the resistance area.
From the chart, you can see that price has dropped from the resistance zone. Price has
also created a small rising wedge pattern which is a bearish sign.
So, there's a good chance that NZD/USD will drop from the current resistance area.
A sell between 0.7200-0.7230 with SL above the resistance area and TP at 0.7050 seems
possible.
NZDUSD 1D TIMEFRAME ANALYSISHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
NZDUSD 4H TIMEFRAMEHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
NZDUSDHello Guys Welcome back to another profit week
If you like my idea please give me a like and comment, Thats will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
NZDUSD raising from the support area i think there will be a buy entry, you can set the take profit with the help of fib
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit week guys
A Huge Bearish Move Coming, Get Ready!#NZDUSD - As mentioned in Chart Small RANGE is very important.
If It Breaks Above - Possible Big Move to Upward.
And If it breaks the downside, Then It also needs to break Daily Strong Trend Line.
If both Break downside A Huge Bearish Move coming, Get Ready!
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NzdUsd to break up from rectangleIn my previous analysis on NzdUsd I said that I expect the pair to continue its range between 0.7250 and 0.7100. It seems this is not the case and USD is way too weak these days.
On Friday Kiwi reversed losses from 0.7180 and managed to close the day above 0.72
At the time of writing NzdUsd is 0.7240, just under the upmentioned resistance and I expect a break to the upside.
Such a break can lead to a new local high above 0.73 and 0.7350 could be the short term target for bulls
NzdUsd to maintain its range?In the past month and a half, NzdUsd traded in a range between 0.7250 and 0.7100 (ignoring the short-lived spike above 0.7250 at the beginning of the year)
With DXY looking ready for a new leg up I expect Kiwi to also roll back to at least the bottom of the range at 0.71.
Also a sell trade with this target can have a great R:R of more than 1:2
A daily close above 0.7250 would negate this scenario