Nzdusdshort
NZD USD Technical AnalysisThis pair is the New Zealand Dollar vs. the U.S. Dollar. It is often referred to as trading the “Kiwi” because the $1 coin depicts the Kiwi bird. In 2012 the Reserve Bank of New Zealand intervened to devalue the Kiwi because it had appreciated so much. It is the 10th most traded currency in the world.
NZDUSD H1: Bearish outlook seen, further downside below 0.5810On the H4 time frame, prices are approaching the resistance zone at 0.5810, in line with the 38.2% Fibonacci retracement and 61.8% Fibonacci extension. This resistance zone is also a graphical support-turned-resistance zone that has been respected multiple times. A pullback to this resistance zone at 0.5810 presents an opportunity to play the drop to the next support zone at 0.5680. This support zone is also the graphical swing low that coincides with Fibonacci confluence levels. Stochastic is approaching resistance as well, in line with prices.
NZDUSD: Intraday and Swing ideas for this weekHi Traders,
This is my view for this week on:
- NZDUSD
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
NZDUSD is in new sell zone!!NZDUSD 4h has broken out of the local structure creating an overextended to the opposite direction of the trend giving up another selling opportunity. As the long-term trend is bearish and the daily price is in retracement level, and as current session, the 4H candle just has closed with strong bearish engulfer giving us a sell signal according to the rules of our strategies :)
Press the like button if you enjoy this content :)
NZDUSD: two liquidity zones from which I'll go shortHi Traders,
This is my view for this week on:
- NZDUSD
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
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NZD/USD likely to fall!Hey tradomaniacs,
NZD/USD has re-tested a strong resistance-zone aswell as the current trendline.
Also see how price moves to the previous PoC, which could act as a resistance here.
Overall a great spot to short if we get more risk-off in equities.
Technically its good to wait for a break below the lower resistance-line of the zone to get a g ood confirmation as this would define a fakeout.
Let`s see =)
NZD/USD :: Corrective movements on the middle line .NZD/USD :::
Purple channel :
In the time frame of 1 hour, the price has been moving above the channel for some time and from now on it is expected that the price will move on the middle line or below it (bottom of the channel) .
_ After the complete failure of the channel, the price will continue its downward trend .
NZDUSD - bearish bias confirmed?Hello everyone & let's have a profitable Monday! :))
This setup looks very promising based on price action and fundamental data. NZDUSD is looking very bearish on the higher time frames and is currently attempting to make a new low on the monthly as well as on the daily time frames. We broke past all the moving averages on the 4-hour and on the 1-hour. We also have a new low plus the closure of a bearish engulfing candlestick, which is a strong indication to confirm bearish bias. As a cherry on top, the NZD is being sold off against the USD, so as I said-this setup looks good for a further drop down. :relaxed: :fire:
NZDUSD (LONG) 🔥🔥🔥ENTRY OPPORTUNITY
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
NZDUSD M30: Bearish outlook seen, further downside below 0.6150On the M30 time frame, prices are approaching resistance at 0.6150, in line with the Fibonacci confluence levels where a pullback to this zone could present an opportunity to play the drop to our next support target at 0.6080. Stochastic is approaching resistance as well supporting the bearish bias.
NZDUSD.....SELL (65 PIPS)last week's closure on NU was a sell and this week started with a sell as a result of the hammer candle formed on NY's session last friday which pulled 40 pips of bearish pressure....i'm expecting a continuation of 40-70 pips of sell.
NB: red box: rejection zone
: any bullish pressure will get knoceked out at 0.60997 on 2HTF
NZD/CAD bearish confirmation the trade will be executed.monitoring NZDCAD for a selling opportunity around 0.80400 zone.
Canada experienced a trade surplus every year between 1970 and 2008. With the exception of the years 2011 and 2014, the trade balance has been in deficit since 2009. The highest trade deficits were reported with China, Germany, and Mexico in 2018, while the largest trade surpluses were recorded with the United States, the United Kingdom, and Norway in the same year.