NZDUSD: new bearish cycleIn my humble opininon, the instrument has started a new bearish cycle on the hourly chart after ABC zigzag. Looking to updated the recent lows. What are your thoughts?
Kiwidollar
NZDUSD series of trendlines There was a false break out to the upside, that was silenced by USD strength.
Currently this pair is now trading beneath both trendlines, which i have removed from this chart to prevent over crowding. The 4hr bullish trendline is still showing, with the pair now trading below it.
The pairs is printing lower highs, and the sellers are in control.
Given the fundamentals from NAFTA and re-negotiating the trade war tensions with china, this pair has a great setup.
The recent low of 0.65 will be monitored for scaling back or scaling more into the position.
NZDJPY Long The Kiwi Dollar has been pushing the Yen higher.
My previous short bias was stopped out, as the market ran straight through the bearish resistance line.
We now have a clean break to the upside, with several key levels the market will be hunting out.
There isn't a huge amount of protection to use as a stop loss guard, so this is a higher risk trade.
If we break 75.22 i will be looking at scaling in another position with a trailing stop.
NZDUSD Long PositionNZDUSD has taken advantage of the weak US Dollar and has pushed through its bearish resistance trendline.
This is the first break since early August, so this represents a big shift in sentiment.
There are several key zones can use as the take profit targets.
10 - NZD/USD - September FREE SignalsNZD/USD labeled in an ABC bullish correction, where wave B unfolded as an Expanded Flat and an extension in its last leg.
Expecting a bullish impulse to start.
Buy NZDUSDHi Guys,
Sharing a trading idea for with you all. On the hourly, consider going long on NZDUSD pair.
Enter Trade: Now or between 0.6550 - 0.6556
TP at: 0.6500
9/08/2018 NZD/USD"The New Zealand dollar sees a sharp move down against the U.S. currency on Thursday in response to a dovish message from its central bank"
finance.yahoo.com
nzdusd. gotta go longCurrently a buy on all xxxusd pairs but this one is right at a strong support level
The KIWI has been respecting the .286 fb levels for the past couple of days and i expect it to do the same again now. GOTTA GO LONG
Kiwi Dollar To Strengthen in Coming WeeksNew Zealand Dollar had been one of the weakest currency besides the pound for the past several weeks. As we look at the chart, this pair is inching close to break above the downtrend line extending back from the high of April this year. When that break happens, we can expect Kiwi Dollar to lead as the strongest currency in the upcoming weeks.
Happy Trading, folks!
Cheers!
NZDUSD further downtrend continuation before reversing?Gosh not much trending this week.
I hope NZDUSD won't join the clan of the sideways charts.
I got 8 alerts this week 8 in total. Out of 32 charts I watch for FX metal energy commodities.
Going to check stocks during the week maybe I find something interesting.
I think NZDUSD will hard bounce, but maybe it goes down some more before that.
No reason for it not to.
Well we'll see. It looks unsure undecided probably because every one is on holidays idk...
Better lock in profit fast if it moves down, just to make sure.
DMA20 is close, probably it reacts.
NZDUSD GREAT ShortNo surprise that the dollar has been strong over the last few months against the kiwi. Price has broken underneath a yearly support, and created a new resistance after test, It could still be a false break out, but if the price continues to drop this week, i believe we could see a nice 300 pip loss in the price of the kiwidollar. ***SIGNAL*** look for the next bearish engulfing candle on the 4hour or daily chart and go short with a Stop loss 10 pips above the new resistance channel.
As this being normal in the NZD, price could drop quick. Get in while you can to make sure you dont miss a fast 100 pip move
NZDUSD - SHORT TRADE FOMC DAY Nzdusd - H4 - good trade to take on FOMC today expecting continuation of trend to the downside
longterm signal NZDUSDafter breaking a major support from the past year, i expect this pair to continue its major push to the downside. This would be a multiple weekk trade with 100s of pips of potential earnings
NZD/USD waiting for a sign Considering the way that NU went down in this pattern (corrective), I am on the lookout for a buy setup from this spot. Especially because it went down in similar fashion on the larger scale and did not break the low. If dollar retraces, NU may be a VERY nice buy. It is even possible it goes up much further, but we need a buy setup... It never truly confirmed a sell setup, just corrected. AU was different.....
Sterling / Kiwi - Break plans A & BI've traded this pair a lot over the years and very recently had a single 800 pip trade with additional shorts adding up to 1500 pips, once this thing is trending, it's a beautiful trade.
But Brexit, if we weren't negotiating Brexit I'd be Long on this pair, to not only go back to the highs of the head and shoulders pattern but, break the center line of the longterm monthly descending (yes Bearish) channel, to continue to move back-up to the highs around 2.1.
This pair has rotated beautifully down this channel for more than 12 years, and since 2012 the pair found a smaller channel to trade within (yellow box - Point Of Control). There was one huge move to the upside of the channel, and a subsequent move down helped by Brexit, when it fell all the way back to the 1.6 Southern edge in late 2016 and the move off that low created the long-term upside move we're in now, straight back into the POC and two new trend lines, in black.
But maybe this is the first time we do not rotate back to the highs because, well Brexit. So we have two options, Bullish plan A or bearish Plan B, PRETTY SIMPLE REALLY.
Fundamentals: Bank of England Interest rate announcement this week.
What are your thoughts?
Patience pays, happy hunting!
AUD / NZD - Pullback around 1.075 & SHORT 150pips+I've been tracking this fun pair for some time, long-term we're in a bearish channel coming off the 2010 crash, and we're rotating nicely down through the channel, we hit the top of the channel October 2017 and we're now on the bearish leg, having failed a bull push back up through the descending trend line which has now been respected by formation of a lovely pin bar, which is our signal to look for an entry, if you don't know how to enter, read my link below on how and when to enter.
There are many areas of support which will respond, the channel center line is a major one @1.065, so be aware of that. I'm not expecting a gap down on open, but if we do, wait for a pullback to 1.07 to enter, otherwise look for an entry around 50% up the pin towards 1.075 area.
Patience pays, happy hunting!
NZDUSD - Prepare for a bounce back2nd lower high is traced on NZDUSD, the bull run of USD is about to finish soon. I am testing the the water with small lot size, if it goes well, I will enter full position.
EURNZD ShortThe pair has double topped on H4 and broken the second uptrend from the pull back last week. Moreover, the MACD on H4 has signaled the bearish crossover. With data expected to be negative from the Eurozone, a dovish ECB, and an oversold Kiwi, this pair is primed for a healthy sell off.
Best of luck and thank you for looking.
And as always, please feel free to comment your opinions below.
Bearish on NZD next daysNZD index (ZXY) is bullish long term trend since 1994. What we are seeing now is a small retracement which can last a few weeks more before NZD will shoot tothe skies....
