Get started

Nzdusdbreakout

NZDUSD SWING TRADE 08-Oct-2020Good day friends. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday NZDUSD-Technical/Fundamental analysis NZDUSD has firmly broken the trend line which is holding the bullish trend since September 25 The broke and retest was happened on October 06 which triggered the further selling of NZD dollar. And the weak monetary policy by the RBNZ is the main cause for the accelerated selling of NZD dollar. Yesterday the Reserve bank of new Zealand members reiterated that they will cut the policy rate to below zero level which is a clear sign for the bearish trend in NZDUSD in coming days. The risk off mode in the market will help the USD to gain some pips against its counterparts such as euro , pound , kiwi dollar , Aussie dollar and Lonnie. The price of NZDUSD is currently trading between the .382 and .50 Fibonacci retracement level. It was traded in a narrow range from October-01 to October-06 and then seen a sudden drop towards 0.65500. And currently its retraced back towards .50 Fibonacci. Before this drop a minor consolidation phase was formed with the double top. And the price is reached the major resistance level in price action the previous consolidation phase will act as support for the bear. The swing target will be around 0.65110 and stop lose may placed above the .6615 which is a .382 Fibonacci level SWING TRADE - NZDUSD Sell @ 0.65865 Take profit @ 0.65165 Stop lose @ 0.66115 70 Pips target Don't risk more than 1% of your capital
Short
by forexorbit
Daily Update__ Sell___ NZD/USD-- W1Disclaimer: the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management. _______________________________________________________________________________________________________________________________________________________ Thank you for your support!
Short
by morshedul-munna
NZDUSD - Outlook 25 Sept 2020 - Interesting trade, do take note.Hi all traders, This is a video analysis on nzdusd. As usual, i have inform traders of some important levels for followers to take extra note on it.. Trade safe and be patient on this trade. ****Follow me on tradingview**** **Like and share the trade idea with all your friends*** Cheers and hope you like this video analysis. Thank you! In addition, this is the trade analysis which i did on 14 Sept for nzdusd which i have mentioned inside my video for you as a reference.
by FxTradingWarrior
NZDUSD H2 #OutLook 21 to 25 September #OutLook 21 to 25 September Dear Traders Today We Have an Analysis Of NZDUSD H2. This Analysis Based On Price Action Theory. According to The Analysis, We Can See After the Bullish Move Market Give the correction with the help of trendline As well As Market Already Improved Previous Support Level So We expect Market Will Reach Next ➡️ Target(support) @ 0.67173 & @0.66867 I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade. Thanks Regard Enclavefx technical group
by Enclave_fx
2
NZDUSD | MY PERSPECTIVE FOR THE NEW WEEKThe price moved over 110pips in our direction since my last publication (see link below for reference purposes) as the pair came under renewed bearish pressure last week dropping to an all-time low of 0.65000 since price hits high at 0.67200 at the end of July 2020. Breakdown and retest of my Key zone insinuate a further risk of decline in the coming weeks(s). Tendency: Downtrend ( Bearish ) Structure: Breakdown | Supply & Demand Observation: i. Breakdown and retest of Key zone nudges price for a further decline. Trading plan: SELL confirmation with a minimum potential profit of 120 pips. Risk/Reward: 1:4 Potential Duration: 2 to 6 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. NirvanaForex Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, 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
NZD/USD pair is trading above the strong support level of 0.6520The pair is buying and selling above the robust assist stage of 0.6520. The pair is negatively affected by the US-China stress, in addition to the expectation of the publication of the minutes of the final assembly of the Reserve Financial institution of New Zealand on Tuesday. Technical aspect: The value is beneath the center Bollinger band, beneath SMA 5 and SMA 14. RSI is above the oversold zone and strikes horizontally. Stoch are declining. Buying and selling suggestions: If the pair falls beneath the 0.6520, it could go additional all the way down to 0.6450.
by forexinworld