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Nzdusdforecast

Will the new increase (nzd/usd) be sharp?In my opinion, this currency pair is in a 5-wave downward trend. We are currently in the middle of wave 4 and the first part of wave 4 movement has been completed. Currently, we should expect the formation of the second part of wave 4. In the second part of the movement of wave 4, selling pressures will decrease and buyers will take over the market. As a result, the second part of the wave will be very sharp. Be successful and profitable
Long
by Ali_Mozafarie
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