Nzdusdsignal
NZDUSD 15min Scalp: Playing in the RangeNZDUSD is trapped in a 15min range at the time of this writing as shown on the chart. Scalpers may attempt to short and long NZDUSD off the resistance / support levels until one of the key levels gives way.
Although scalping may be used our preference is to wait for a 15min close below the support (lower line), which may pave the way for stronger weakness in the currency pair. A break above the resistance may also lead to some gains, however. a bearish breakout may trigger a firmer price movement.
Although it is not directly related to NZDUSD, Australia's GDP (due later in Asia) may trigger some volatility in NZD pairs and crosses.
LONG NZDUSD to 0.71200 and higher targetLooking to take a long on NZDUSD and hold it for possibly longer than a week given the time of year and the distance it has to travel.
Entry: 0.70105
SL: 0.69792
TP: 0.71395
I will look to take something off of my position with 20 pips in profit and let the rest of the position run.
Stop-loss will be moved the breakeven once 50 pips in profit.
There is a chance that I missed the trade, if that is the case, then I will find another entry point since the profit objective is fare enough away.
I will add updates as the trade progresses.
Long NZDUSD Swing trade to 0.71200 and higherLooking to take a long on NZDUSD and hold it for possibly longer than a week given the time of year and the distance it has to travel.
Entry: 0.70352
SL: 0.69866
TP: 0.71488
I will look to take something off of my position with 20 pips in profit and let the rest of the position run.
Stop-loss will be moved the breakeven once 50 pips in profit.
Headlines !!! NZD/USD About to Boom ! WHY ? Read BelowHi Traders ! As you i know i keep Everything Simple ! Just by looking at the charts . you would get the idea about whats gonna happing soon . a beautiful Pinbar candle just formed below the trendline . Confirming a Reversal . We Hope to see pull back after this bearish relly !
NZDUSD Short ContinuationNZDUSD has shown weakness from the very start of the trading week. I am looking to trade in that direction on a retracement higher from yesterday's move. Looking for this trade to last into Friday morning and will add updates as the trade is triggered or if it is never filled at my requested price.
Entry: 0.69004
SL: 0.69528
TP: 0.68163
NZDUSD Short @ 0.72000I see that NZDUSD has started making a sharp decline lower. I am looking for a retest of the 0.72000 (There is a chance that we may not get that, it can just run from where it currently is without looking back.)
If we get a retrade to the 0.72000, it shouldn't stay there long.
Entry: 0.72000
SL: 0.72427
TP: 0.71099
Short NZDUSD Longterm Based on H&S Pattern - 340PipsWe've got a completed H&S pattern on the daily timeframe, perfectly in line with a major resistance at 0.73370 - we short for a potential 340 pips profit.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Credits for the H&S pattern find in this idea go to Dan Benzo :)
Short NZDUSD Short Term Based On H4 Time FrameThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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Short NZDUSD Longterm Based on Daily, Weekly + Monthly ChartsNZDUSD failed to reach the expected levels of 0.74 and bounced of a major resistance level. We have the opportunity to short from here with the possibility of a 300 pip trade for the longer term.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
NZDUSD bouncing up perfectly, remain bullishBuy above 0.6985. Stop loss at 0.6934. Take profit at 0.7092.
Reason for the trading strategy (technically):
Price has bounced up perfectly from our buying area once again and is on track to our profit target. We remain bullish above 0.6985 support (Fibonacci retracement, horizontal overlap support) for a further push up to 0.7092 resistance (Fibonacci extension, Fibonacci retracement, horizontal overlap resistance).
RSI (34) has made a really nice bullish exit signalling that a further bullish movement can be expected on NZDUSD. A bullish pullback to support is also seen signalling that a bounce is impending before a further rise.
To read about the daily technical analysis strategies in more detail, you can check them out here : www.theforexarmy.com
NZDUSD profit target reached perfectly, time to start sellingSell below 0.7240. Stop loss at 0.7285. Take profit at 0.7176.
Reason for the trading strategy (technically):
Price shot up and reached our profit target perfectly from yesterday. We now turn bearish below 0.7240 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a drop to 0.7176 support (Fibonacci retracement, horizontal overlap support).
Stochastic (21,5,3) is seeing strong resistance below the 92% level.