NZDUSD H4 Pending short order base on daily chart, 2 ways price could pan out based on the blue and black lines, could see one more spike to nearest 61.8% extension
Nzdusdsell
NZDUSD Daily Overall bearish view, break of trendline & previous weekly support, breakout confirmation already happened, chance to enter on pullback
NZD weakening against the USD - looks a SELL from MARKET .6063Not much dollar strength about but the NZD, one of my favourite SELLING currencies seems to be faltering. For several sessions the BULLS have struggled to force the price past recent highs at .6102 and my specialist indicator is flagging a moderate SELL on this pair. For a risk of 36 pips and a target of 146 pips - this looks a reasonable trade in the current thin market. I'm in at .6063 with a STOP above the high at .6102 and a T.P. at .5920.
Easter holidays mean this is a thin trading day so this will be a slow burner with the tempo picking up tomorrow.
NZDUSD: short from 0.604The big bearish movement on #NZDUSD has yet to come.
We have waited for it to 0.61100 area with the last idea (that is still valid).
In the meantime, another selling possibility is creating now.
0.60 (or 0.60460) could be the Elliot Wave point 5 confirmation.
Entry: 0.604
SL 0.61125
TP 0.5844
NZDUSD Short SetupHere is my short setup for NZDUSD based on the previous resistance area as key level.
You'll find a sell engulf at the zone as well.
Happy trading.
NZDUSD AnalysisI think here we have a good chance to open a sell entry on this pair.
write your views in the comment section.
NZDUSD Market OverviewNZDUSD on daily timeframe we see that we have a nice break we have a retest and there is a potential continuation to the downside but we need to follow that on the lower timeframe so on the lower timeframe we look at the 4-hour and we have a nice reversal top after the up move to then fail to make new highs start making lower lows and lower highs so it is topping and there is potentially continuation to the downside so short term I would say keep following this small impulses and corrections far as this keep on going we should keep following the same scenario moving to the downside.
***Comment your thoughts down below!
NEW ZEALAND DOLLAR / U.S. DOLLAR (NZDUSD) DailyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. The Djinn Indicators work on all charts, for any asset category and in all time frames.
Dates in the future with the greatest probability for a price high or price low.
NEW ZEALAND DOLLAR / U.S. DOLLAR (NZDUSD) WeeklyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. The Djinn Indicators work on all charts, for any asset category and in all time frames.
Dates in the future with the greatest probability for a price high or price low.
SELL NZDUSD AT RESISTANCE ZONEPrice reject support zone and expected to go up.If price reach the resistance zone,ready to sell if price reject the resistance zone.Red arrow is my predicted price movement.
NZDUSD clear short setup#NZDUSD completed the Elliot Pattern, on point 5 touched the 61.8% of FIbo the started the bearish movement that first broke the trendline and then retested it.
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Entry Now
SL 0.6022
TP 0.58
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NZDUSD potential reversal!
NZDUSD expected to rise up to 1st resistance at 0.59639 where it could potentially react off and drop down to 1st support at 0.57242.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDUSD H1 Sell/ShortWe can see a triangle pattern forming on the H1 chart in NZDUSD
We can enter in this trade two ways in a short position
1. Entry at Reversal from the trend resistance and see if it breaks downside, if it breaks downside there is a minor support which can push the price up from there, then we will exit the trade with 3% profit and if it breaks the support also then we will exit the trade in Target 2 with 7.50% profit.
Stop Loss : 2%
Profit Target : 3% < 7.50%
2. This trade will be possible if the price breaks downside the triangle and supported by the Minor support then a retest to the trend support but couldn't break it, then we can enter a short position and exit with 6% profit, in this trade the Stop-Loss should be 0.80%
Stop Loss : 0.80%
Profit Target : 6%
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NzdUsd outlookSimilar to its sister (Aud) Nzd couldn't sustain gains and all rallies were aggressively sold.
On Friday we have a nice reversal and NzdUsd weakness could continue next week and the pair could drop again to 0.55 zone.
I'm looking to sell this pair
NZDUSDNZDUSD 4H
A close below the trend line confirms the downward continuation trend. with Target at the 161.8% fib Level.
A break above the Counter Trend line confirms the Bullish Trend Reversal. will update if that's the case.
NZDUSD Market Outlook | Daily Forex Market BreakdownNZDUSD
Keeping a close eye on NZDUSD, if we can find support we could potential have a solid long set up for us soon. That being said it is still far too early to tell. Ill let you all know if anything changes.
Nzdusd h4 consolidation zone if break low then d1 double bottom Nzdusd h4 consolidation zone if break low then d1 double bottom
