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Nzdusdsignals

NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS- NZD FEATURE is currently down a bit. The main reason for this is that COMMODITIES are DOWN and some EQUITIES are DOWN. The NZD FEATURE stands at 0.6732 LEVEL. DXY is currently UP. According to the MARKET SENTIMENT and the USD is currently slightly STRONG. Prices are below NZDUSD DYNAMIC LEVELS. - Currently SENTIMENT OVERALL MARKET SENTIMENT OVERALL MARKET is RISK ON. Also the EQUITIES have become a bit GREEN. VIX is getting a bit DOWN. Also COMMODITIES are now showing a DOWN SIDE BIAS. Currently on the market is a RISK ON SENTIMENT. HIGH BEATA CURRENCIES UP MARKET RISK ON. - NZDUSD PRICE can return to 0.6660 LEVEL and then UP from that LEVEL. NZDUSD SHORT TERM may be further BUY if COMMODITIES PRICES UP UP, VOLATILITY DOWN.
by benny_marshall
NZDUSD Strong sell signalThe NZDUSD pair has been trading within a long-term Channel Down since the start of 2021. Our last call on this pair was a buy signal and our 0.7000 target has been hit: The price broke below the Lower Lows trend-line, creating a small divergence and we have to re-adjust our projected Fibs. As you see, every Lower High has been near the 0.786 Fibonacci retracement level, which was also the case for the last Lower High of April 05. The recent Lower Low however broke the -0.236 Fib extension sequence as the price marginally broke below the Channel Down. Regardless of that, the price is still a solid sell signal at the beginning of a new selling sequence. The 1D MA50 (blue trend-line) broke today, giving the final confirmation for a bearish break-out. Our target is the 0.6530 Low. Traders seeking more risk on the long-term may even target the previous -0.236 Fib extension sequence at 0.63670. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Short
by TradingShot
NZDUSD | Perspective for the new weekA bullish trendline is identified in the 4H timeframe and this line also shares a confluence with a significant key level at 0.68250. We shall hereby be looking for a breakout of a reversal set-up for a signal to join the potential bullish trend. However, a breakdown/retest of key level might incite a risk of further decline hence the need to be very conscious as we monitor price action. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
NZDUSD | Live position reviewWe have moved stop-loss to 25pips from entry as we continue to monitor price action. Thank you Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
NZDUSD | Live position reviewThe identification of a reversal pattern around 0.695 area is a signal that there is a risk of a further decline in the price of the Kiwi. Find in the video how I intend to take advantage of the potential downtrend. I thought I publicly shared a publication on my bearish bias but unfortunately, I do not have it anymore, please bear with me. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
NZDUSD | Perspective for the new week As the Russia-Ukraine headlines worsen the market mood, we witnessed rejections of the $0.67 area during last week trading session to impose a shadow of doubts on the potential of the Kiwi going into the new week. However, with current technical structures; I suspect that the acceptance of above the $0.6700 might give a sense of comfort to push the price higher in the coming weeks with $0.66500 serving as a baseline for the formation of a new trend. Tendency: Uptrend (Bullish) Structure: Supply & Demand | Trendline | Reversal pattern (Double Bottom) Observation: i. For over a year now, the Kiwi has been on a downward spiral as it dropped 12.5% against the USD. ii. If we look at the weekly chart, we will notice that price came back to a significant demand level around $0.655 late in January 2022 which was immediately followed by bullish momentum. iii. Hence, I have projected a potential trendline (bullish) on the chart to guide us in taking advantage of a bullish momentum if it eventually happens in the coming week(s). iv. A breakout/retest of the key level at $0.67500 should present an opportunity to add to our existing position. v. Please note that the bullish trendline projected on the chart is serving as our yardstick as any break below will render the narrative invalid... Trade consciously!😊 Trading plan: BUY confirmation with a minimum potential profit of 200 pips. Risk/Reward : 1:4 Potential Duration: 7 to 20 days NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
NZDUSD approaching a buy zoneNZDUSD has been trading within a Channel Down since the start 2021. The RSI on the 1D time-frame has successfully provided very accurate buy signals within a zone that is currently very close to. The price itself is approaching the bottom (Lower Lows trend-line) of this long-term Channel Down and it resembles (also on RSI terms), the July - August bottom fractal, which made its Lower Low after the sell-off of August 17 - 19. Currently we are on an equally bearish streak since the rejection on the 1D MA50 (blue trend-line), which indicates that the pair is close to making a bottom (Lower Low) and start rising towards the Lower Highs (top) trend-line of the Channel. Every rebound to a Lower High reached the middle of the 0.618 - 0.786 Fibonacci retracement zone. Our target on the long-term is 0.7000. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
2
NZDUSD | Perspective for the new week | Follow-up detailsWe experienced close to 100pips move in our direction following my last speculation on this pair (see link below for reference purposes) and a Breakdown of Demand structure (a level that held price "supported" throughout last month) early in the month of November 2021 insinuates that the Kiwi might witness a risk of further decline in the coming week(s). From a fundamental perspective; a stronger than expected U.S. jobs report might bring the Fed closer to a rate hike which could put further pressure on the NZD/USD in the coming week(s), Let's see! Tendency: Downtrend (Bearish) Structure: Breakdown | Supply & Demand | Reversal pattern (Double Top look-a-like) Observation: i. After breaking out of Double Bottom Neckline on the 14th of October 2021 (see daily chart ), the Kiwi recorded a 3.42% growth over the Dollar to set the tone for a Bullish momentum in the long term. ii. However, after testing a temporary peak @ $0.72190, the price took a gradual nose dive, leading to a significant Breakdown of Key level during last week trading session. iii. As expected, I stated in my last speculation on this pair (see link below) that we should be getting ready for a possible correction phase of the Impulse leg which might retest the Neckline of the Double Bottom that instigated the previous rally (see daily chart) to confirm a trend continuation setup. iv. The appearance of a highly bearish technical reversal pattern on the chart which looks like a Double Top at $0.72190 & $0.72180 followed by a couple of Breakdowns of $0.71300 in the last week could be a sign that emphasizes the selling pressure accumulating under the Key level. iv. In this regard, I shall be looking out for selling opportunities below Key level with an opportunity to add to my existing position should price Breakdown/retest of $0.70850... Trade consciously!😊 NB: It is very possible that the early hours/days of the new week might see a price climb into the Supply zone cited within $0.71850/0.71550 to incite further decline. Trading plan: SELL confirmation with a minimum potential profit of 120 pips. Risk/Reward : 1:4 Potential Duration: 3 to 7days NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry