Get started

Nzdusdlong

NZD/USD: Short-Term Plunge Met By Reversal HigherThe NZD/USD recovered from the swift spike downwards which was displayed yesterday, as the U.S. Federal Reserve policy statement caused havoc in Forex. The 0.67000 came within sight briefly, but a strong reversal higher energized in reaction and the NZD/USD is now traversing near the 0.67750 ratio as of this writing. Speculators should expect more volatility, but hopefully steep spikes downward will not be part of the trading landscape now that clarity has been put forth. The NZD/USD certainly continues to trade within the lower realms of its price range, and yesterday’s spike towards the 0.67000 juncture tested marks not seen since early November 2020. While some traders may stick to the notion the NZD/USD has been oversold and will begin to perform a rebound higher may be proven correct over the mid-term, questions persists about the bearish trend which has been displayed since the last week of October 2021. Yesterday’s reversal higher off of lower depths was a healthy reaction, but the question for technical traders now is if momentum can be sustained.Resistance levels will have to be challenged upwards before conservative speculators may feel comfortable to try and join a contrarian trading notion. The mark of 0.67920 appears to be an important ratio near term. The high in this morning’s trading was around 0.67780, but the reversal higher met headwinds. The U.S. Fed's monetary policy statement yesterday now allows speculators to focus on their charts and consider what they have seen transpire with the NZD/USD the past few months. It is possible the NZD/USD had a strong dose of selling action develop because of potential interest rates to come from the U.S. and now that this policy has been ‘confirmed’ and is still anticipated, maybe traders will start to look for the potential of upside momentum to develop. However, support near the 0.67600 level short term should be watched, if it proves vulnerable today another move lower towards the 0.67500 to 0.67400 could be quick hitting targets. Choppy trading in the short term will likely be demonstrated today and tomorrow as financial houses try to decipher equilibrium. Short-term traders should be ready to use entry orders with specific prices to guard against volatility in today’s market. If current support levels sustain, looking for upside action towards the 0.67850 to 0.67930 levels may be a worthwhile wager. NZD/USD Short-Term Outlook Current Resistance: 0.67800 Current Support: 0.67560 High Target: 0.67940 Low Target: 0.67270
Long
by SmoothJB
NZDUSD - Buy to Sell ModelHi everyone! Today i'm looking at a sell on the NZDUSD to round of the week, this entry is based on the volume profile and POI on the 5m and 15m Timeframe. I will be waiting for a break of orderflow before entering. ENTRY 1 BUY LIMIT @ 0.67884 Stop Loss: 0.67867(Add Spread) TP 1 (1R): 0.67902 (Stop Loss → Break-Even / Scale-In) TP 2 (3R): 0.67938 (50%) TP 3 (5R): 0.67974 (20%) TP 4 (10R): 0.68063 (20%) ENTRY 2 BUY LIMIT @ 0.68129 Stop Loss: 0.68162 (Add Spread) TP 1 (1R): 0.68097 (Stop Loss → Break-Even / Scale-In) TP 2 (3R): 0.68032 (50%) TP 3 (5R): 0.67967 (20%) TP 4 (10R): 0.67804 (20%) Is anyone else looking at this?
by lakishnarayan
NZDUSD | The best point to buy🎯Hello traders , NZDUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe. In this currency pair, waves 1, 2 and 3 have been completed and now we are inside wave 4. Wave 4 is very long in terms of time and is in normal condition in terms of Fibo. We think this wave is complex and from this complex wave the y wave is completing. We are inside the wave c of the wave y and from this wave c waves 1, 2, 3 are formed and the last 2 waves, ie wave 4 and wave 5, must be formed. We specified the form of formation of these 2 waves and After the formation of these two waves, the price will rise to the price of 73230. If Fibo 0.618 is broken, this wave will lose some of its credibility. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad
6
NZDUSD | The best point to buy🎯Hello traders , NZDUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe. In this currency pair, waves 1, 2 and 3 have been completed and now we are inside wave 4. Wave 4 is very long in terms of time and is in normal condition in terms of Fibo. We think this wave is complex and from this complex wave the y wave is completing. We are inside wave c of wave y and we assume that the last wave c moves towards Fibonacci 0.5 and then starts its ascent for wave 5 or wave d and this ascending wave continues until wave b before has it. If the Fibo 0.50 is broken, the next target for the Fibo will be 0.618. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad
NZDUSD - Possible Trend Break?TVC:DXY FX_IDC:NZDUSD - Long FX_IDC:EURUSD - Long FX_IDC:AUDUSD - Long FX_IDC:USDCAD - Short As always trade safely but I think we are going to have a trend break soon and it's going to jump up. DXY is an absolute disaster waiting to happen too much money printing and everyone keeps buying it. Omicron is not reason the markets keep falling it's because the USD keeps pumping fake money into the system. That monopoly money will eventually run out shortly. Prepare for the USD crash if you are long on USD be careful.
Long
by MatrixBits