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Nzdusdsell

NZDUSDThe New Zealand dollar has been falling sharply, due to risk-off sentiment hitting hard as concerns rise about the economic impact of the new omicron coronavirus variant. The USD is relatively strong, so this pair is a major focus of the Forex market and has seen lots of action, although the Australian dollar has been falling harder and getting more attention than the New Zealand dollar, with which it is highly correlated. The price of this currency pair ended last week right near its low after falling by more than 0.98%, closing at a 1-year low price with strong bearish momentum. These are all bearish signs and there is a good chance that the price will see another strong fall next week, so there will probably be an opportunity for a short trade here, although AUD/USD may be a better bet so be sure to be diversified between the two antipodean currencies if trading the NZD.
Short
by SmoothJB
NZD/USD SHORT SELL OPPOTUNITY NOW.. 💹NZD/USD ⏬SELL @ 0.69775 ((SCALPING TRADE)) ✅TP-1# 0.69500 ✅TP-2# 0.69290 ⛔️SL 0.70307 📊 Trade Accuracy 80% 📊 📊Follow Proper M.M & Also Use S.L 📊 AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
Short
by AronnoFx
NZDUSD SHORTING OPPORTUNITY - ANALYSIS & TRADE IDEAHello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/ On the Monthly, Weekly, and Daily is still bullish, though on the Daily EMA's just cut for short due to the retracement on Weekly, its forming an ICI to the downside. But overall we are still bullish on this pair. 4H is where we take our entry at the 0.50 of the fibonacci retracement that is also lining up with structure, take profit is at the impulse and stop loss is above the last high. Trade Signal SELL Entry: 0.70866 Take Profit: 0.69479 Stop Loss: 0.71286 Good luck! Trade wisely, please do proper money management. ~FX_SHIFTER
Short
by fx_shifter