NZDUSD LONG OPPORTUNITYHello traders,
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Post your idea/analysis below for discussion.
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Nzdusdtrade
NZDUSD long running it's course 👊Entry details are shown on the chart.
We are working the 15M time frame on this trade.
We're only looking for the green line which is take profit target.
Trade history can be seen below this trade idea too for full transparency.
This strategy is currently 7 winners out of 8 trades and is great for sniping small pips out the market.
Previous trade is also shown on the chart which was a short that hit TP target.
This trade has gone close to SL and TP so far but we stick to the trading rules and let trades run their course.
Lets see how this one plays out.
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Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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The stats for this pair are shown below too.
Thank you.
Darren.
NZDUSD ANALYSISAt the beginning of this week, we see price breaking 0.69400.
This level has served as crucial support, and should be seen as a resistance level.
We should see price pullback anytime soon. Then we can look for rejections at the area and take shorts.
NzdUsd- Next stop 0.6780?After 2 weeks of consolidation above support, NzdUsd can't find enough bids and power for a correction and has broken down.
At this point the road is clear for an 100 pips drop
NZDUSD | COULD THIS BE A NICE SHORT? - FOREX TRADING LIONS 🦁📈Hello Traders,
Looking at NZDUSD its currently giving us a bearish engulfing candle, although not yet closed on the daily timeframe, if this does close it shows bearish pressure.
We are also on a huge support zone and a squeeze pattern, if the supported zone gets broken then a push exhaustion push scenario is likely meaning it would be a good trade to short.
New Zealand’s pandemic-free economy ☑️New Zealand’s central bank on announced a halt to its pandemic-induced quantitative easing program , sending the Kiwi dollar soaring as markets bet that a rate hike was now imminent this year.
In other words, they dare to do what everyone else (including the Federal Reserve) is talking but not daring..
New Zealand’s pandemic-free economy has been growing on the back of a housing boom and strong retail spending, raising concerns that it may get overheated pushing inflation above the bank’s target and squeeze the labour market.
First quarter GDP swept past forecasts, rising 1.6%. A survey last week showed the business outlook was now better than pre-COVID levels, and hiring constraints and inflationary pressures were starting to bite.
Rate hike could be coming as soon as August this year: A rate hike this year would make New Zealand the first developed economy to kick off policy tightening. The Reserve Bank of Australia said earlier this month that it did not expect a rate rise before 2024.
for those who have been paying attention ( read this previous idea )
the FXPROFESSOR
NZDUSD going down - just sellsell on the NZDUSD becuase this currency is moving in channel and going down more....
NZDUSD Next MoveNZDUSD will move between 0.69247-0.71094 As Market opens it will go to buy.Wait for the Perfect Entry.
NZD/USD buy trade ideaNZD/USD has formed a strong bullish candlestick at the support level on the daily chart.
If the support holds, NZD/USD may continue the uptrend till at least 0.7110 level.
So, watch out for dips and buy if any such opportunity arises. Initial target can be
set at 0.7110 and if 0.71 breaks, 0.73 will be on the cards.
NZD/USD with a nice BUY-Opportunity!hey tradomaniacs,
NZD/USD is currently retesting a strong support-zone after a breakout of the descending trendchannel 👉
The market is pretty volatile, especially equities so we should consider to wait a little bit and identify support and a "fake-move" below the demand-zone.
If that`s the case and we find support here, it could give us a very nice opportunity to go long ahead the FOMC!
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NZDUSD Got Rejected From a Strong resistance Zone
Welcome back Traders, Investors, and Community!
Hi Traders, NZDUSD on H1 has got a Rejection at 0.7095 which is a strong Resistance zone by several long wicked candles, I’m expecting it to go lower.
⬇️Sell now or Sell at 0.7095
⭕️SL @ 0.7116
✅TP1 @ 0.705
✅TP2 @ 0.7024
✅TP3 @ 0.6956
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
NZDUSD-short#NZDUSD
The analysis is done in the H4 timeframe.
Go for a short move in NZDUSD as we already did when the trend line was touch and hit 50 PIPS profit. This time we are going to 100PIPS sell.
The chart and pattern were explained earlier in the previous analysis.
Buy the dips in NZD/USDThe area around 0.6950 is a support level in NZD/USD and it has supported
the price multiple times in the past.
On Friday, we saw a sharp bullish impulse from the support level in NZD/USD.
So, I would be looking to buy the dips as long as price stays above the support area.
Possible targets would be 0.7150 and 0.73 level.
NZD/USD long postion NZDUSD in at very strong demand area and showing sign of bullish rejection and candle stick formations
look for bullish confirmation on lower time frame and enter long with your own money management and risk to reward ratio
always remember that discipline and patience are the key factors in becoming a successful trader
NZDUSD Sell SignalHey traders, here is the analysis for the NZDUSD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
NZD/USD Sell Opportunity nzd usd was the most bullish pair of the year and found very strong resistance area and after multiple confirmation we can say now its a trend reversal now for nzd usd
it broke a significant support area and market is back there to retest the broken structure
its a classic bearish breakout and retest pattern
look for bearish confirmation on lower time frame and enter short with your own money management
discipline with patience is the key to success in financial world
NZDUSD-short#NZDUSD
The market will fell from the resistance area.
Look for a selling opportunity in the NZDUSD pair.
NZDUSD move to downside expected Hey traders, here is the analysis for the NZDUSD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
NZD/USD:DOWNTREND|NEW BEARISH IDEA|SHORT SETUP 🔔The U.S. dollar index rose to 92.00 before FOMC Chairman Powell's speech.
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NZDUSD Buy SignalHey traders, here is the analysis for the NZDUSD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
