Nzdusdbuy
NzdUsd- Will it break resistance?Since the beginning of December, NzdUsd is trading in a range between 0.6750 and 0.6850.
Also, if we consider the spike down to 0.67 the head, we can argue an H&S pattern forming on our chart with the neckline at 0.6850
At this moment the pair is trading exactly in this resistance/neckline and, considering that the previous leg up from 0.6750 has impulse we can expect a break.
That being said, my preferred strategy is to buy dips and the target for bulls can be 0.7 important figure.
This scenario is negated by a dive under 0.6750
NZDUSDThe market had been falling for what seems like forever, so now it looks like we're going to try to turn things around and rally again. This will be a longer-term prospect, and it is not likely to happen overnight. To me it looks like it is probably only a matter of time before we try to regain some ground and pick things up going forward. Be cautious about your position size, but once the trade starts working on your favor you can go ahead and add.
NZDUSD 200+ PIPS?!looking for NZDUSD to start buying as the dxy drops.
We are about to play into a nice orderblock/poi and i would like to see a reaction from there with bullish price action.
There are two potential entries that you could take. I would risk 2% on the first entry and 1% on the 2nd entry
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made
NZD/USD 4HR CHART POSSIBLE BUY OR SELL WHO KNOWS ???Hi everyone this is my trade set up for the NZD/USD for the new week ahead
POSSIBLE 1 SCENARIO
i think NZD/USD will possible push up for a buy trade if it rejects the trend line which it has done on a few occasions now and should go up to the area of 0.70780, then will push down later in the week for nice sell trade and will break the trend line to lower levels of 0.69222 and beyond
NZD/USD has just completed a 5 leg wave
POSSIBLE 2 SCENARIO
if it breaks the trend line at the start of the week i can see it pushing to first lower level of 0.69222
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
NzdUsd- Correction is most likely overIn my previous NzdUsd analysis, I said that I'm bullish and I expect the price to rise to 0.73 resistance and at this moment my opinion is reinforced.
After a short dip under support, the pair has reversed on Friday, and yesterday we have a strong bullish day that concludes a "Morning Star" candlesticks formation on out daily chart.
NzdUsd looks prepared for more gains in the coming days and my target remains 0.73.
Interim resistance is 0.7215 last high and only NzdUsd back under 0.71 would change this bullish perspective.
Traders should look to buy dips on this pair
NzdUsd- Back in the range- Bullish conotationsOn Friday, NzdUsd has dropped under the rectangle's support.
However, the pair quickly reversed losses, proving that it was a false break and now is trading at 0.7155 and back into the range.
The long-term trend for the pair is bullish and the pair could resume its way up very soon.
0.73 can be the target for bulls and this scenario is negated by a drop under recent low
NZDUSDThe New Zealand dollar rallied significantly last week to break above the 0.70 level. The market is forming some type of bullish pennant, or perhaps even a falling wedge. Either way, the market is suggesting that it could break out to the upside. If we can break above the previous week high, then I think that the New Zealand dollar has a high likelihood of looking towards the 0.74 handle. To the downside, the 0.69 level continues offer support.
NZDUSD ANALYST: AMUN SULED ➖ COMPANY: OCSI CAPITAL MANAGEMENT ➖
IMPORTANT INFORMATION:📌
- ORDER FLOW :
* LSB: breaker retest
* PROJECTED TP :
* PROJECTED SL:
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NzdUsd- I'm expecting higher pricesAfter the false break under 0.69 support, NzdUsd quickly reversed and has risen more than 350 pips in not even a month.
Now the pair is consolidating, but 0.7070 is a very clear base.
I'm expecting a break above resistance and continuation to the upside.
Dips should be bought IMO