USDNZD trade ideas
Don't miss the great sell opportunity in NZDUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6075). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 0.5975
TP2= @ 0.5910
TP3= @ 0.5850
SL: Break Above R2
NZDUSD SHORT TRADE SETUPThe weekly right side is down against the 7/27/17 highs at .7557. The daily right side is down against .6758 from 12/31/19. The 4 hour right side is down with a bearish sequence & the hourly is turning down against .6130. While below there the pair can continue lower again.
test 3 update v1 sorry for posting short as long perviously, its a v1 if support not broke then it'll the last !
Don't miss the great sell opportunity in NZDUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6030). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Take Profits:
TP1= @ 0.5940
TP2= @ 0.5847
TP3= @ 0.5588
SL: Break Above R2
LONG TERM CALL NZDUSD TRADE WITH ACCURATE POINTTHIS CALL U SHOULD TAKE FROM CORRECT ENTRY OTHER WISE DONT TAKE
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.5875.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.5945.
TP4: R2=0.597.
Set the stoploss of these orders at breakout of S2=0.5845.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.5845.
In this situation, there is an expectation to reach the target S3=0.5755.
Set the stoploss of reverse orders at breakout of S1=0.5875.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Nice Short opportunityGreat opportunity... Both level have potential to push the price. Nice Breakout and retrace entry, 618% will be added advantage.
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.576.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.586.
TP4: R2=0.592.
Set the stoploss of these orders at breakout of S2=0.5735.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.5735.
In this situation, there is an expectation to reach the target S3=0.5615.
Set the stoploss of reverse orders at breakout of S1=0.576.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Don't miss the great buy opportunity in NZDUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6322). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Take Profits:
TP1= @ 0.6440
TP2= @ 0.6485
TP3= @ 0.6600
SL= Break below S2
