NZDUSD, Following Dollar's Decline..Falling Wedge Broken
Monthly, Weekly, Daily,Trendline Broken
We can have correction till 0.69-0.68 but
it's still quite bullish..
Nzdusdforecast
NzdUsd- will it finally correct?The combination of weak usd, strong Nzd brought NzdUsd well above 0.7.
The rise from 0.68 is in a rising wedge though, signaling the loss of power.
Yesterday we have a spike above 0.71, quickly reversed, and this time we can have a top in place, at least for short term
A break under short term support 0.7050) would be confirmation for incoming correction and NzdUsd could fall to the bottom of the pattern
NzdUsd- Correction is inevitable at this pointSince its 0.65 zone recent low, Kiwi had quite a run up with the pair gaining around 8% (which is a lot in terms of currency)
Now the pair looks tired with new highs marginal and making a rising wedge
I believe we will have a correction sooner rather than later and I'm looking to sell this pair
NZD/USD BUY SIGNALHey tradomaniacs,
welcome to another free setup!
NZD/USD: Daytrade-Execution
Market-Buy-Order: 0,69790
Stop-Loss: 0,69630
Target 1: 0,69920
Target 2: 0,70010
Target 3: 0,70170
Stop-Loss: 15 pips
Risk: 0,5%
Risk-Reward: 2,64
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Peace and good trades
Irasor
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NZDUSD could follow our AUDUSD patternWe are approaching the beginning of the US market opening and the USD could get more strength, so the AUD, NZD, and JPY could lose some field against the greenback!
NADUSD - The Ending Diagonal pattern represents the end of the fIn the 60-minute chart, the divergence in MACD and RSI is quite clear, and also the 3-wave structure of the sides shows the Diagonal pattern.
By crossing the price from the range of 0.6878, which is the end of the 4th wave of this pattern, we can get the confirmation for the downtrend and the targets of 0.6795 and then 0.6700 price level.
NZDUSD facing very strong resistanceNzd was one of the biggest beneficiaries of USD weakness and NzdUsd made a new local high in this context.
Now the pair is facing a very strong resistance zone that extends to 0.7 psychological figure and I believe a drop will follow
I'm bearish this pair and I believe Kiwi will fall to 0.65 in the medium term
NZDUSD - SELLING AT DAILY SUPPLYNzdusd approaching a strong daily supply level. Selling at this supply down to a weekly demand as target.
Start selling for Nzd / Usd, this is a swing analysis, adjust itStart selling for Nzd / Usd, this is a swing analysis, adjust it to your trading system.
I see the possibility that the current price has finished forming wave B, the price is going for the formation of wave C.
If we pull out the Fibo extension, it looks like the price is at the fibo level 0.382.
Usually, wave C is at least the same as wave A, guided by this theory, we can determine the TP in the blue SnD area.
SL 0.67300
TP 0.63800
NZDUSD TO RESUME A MASSIVE SELL The elliott wave analysis on the chart points at the resumption of the bearish impulse wave.
So we expect price to get to 0.6400 region
NZD/USD SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
NZD/USD: Daytrade-Execution
Sell-Limit: 0,66935
Stop-Loss: 0,67280
Target 1: 0,66590
Target 2: 0,66300
Target 3: 0,66010
Stop-Loss: 35 pips
Risk: 0,5% -1%
Risk-Reward: 2,70
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
NzdUsd- A new rise to 0.68 resistance?NzdUsd found strong support above 0.65 important figure and the rise from there is constructive.
Now the pair is trading above 0.6650 short-term resistance and we can have a new challenge of 0.68.
Buy as long as the price is above 0.6650 is my preferred scenario
NzdUsd outlookYesterday NzdUsd reached my sell zone between 0.6630 and 0.6650, the point where sellers aggressively took control.
The day finished with a nice Pin Bar from this zone and also in-line with the medium-term trend.
My first target for this pair is 0.65 zone and in my opinion corrective rallies above 0.66 should be sold
NZDUSD - Outlook 17 October 2020 - Continuation videoHi all traders,
I have previously made a video analysis on nzdusd.
We got the move that i have informed and now im looking for the continuation part of it.
Take note of the levels and how to trade it.
Hope it helps all of you in your trading.
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Cheers and thank you!
NZDUSD ANALYSIS An opportunity appears to short NZDUSD
All eyes on the wave 3 of this pair which should be ideally longest of the impulse wave
NZDUSD Ready to resume the new SELL TREND Nzdusd set to resume wave 3 to the down side after a simple zig zag correction (wave 2).
Target asn invalidation level is as shown on the chart.
Goodluck
NzdUsd outlookYesterday, NzdUsd dropped hard from under 0.67 resistance. The pair stopped in ascending trend line support, but, considering that DXY is bullish I expect this support to be broken.
This correction could be a good opportunity for sellers and 0.65 zone could be the target.
