NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.664. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6675. TP4: R2=0.6705. Set the stoploss of these orders at breakout of S2=0.663. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.663. In this situation, there is an expectation to reach the target S3=0.6565. Set the stoploss of reverse orders at breakout of S1=0.664. 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!Longby ForecastCity_EU4
NZDUSD Analysis Price Sold as expected and is currently below resistance zone price 0.67477 and underneath trend-line. We expecting price to continue sell towards support zone 0.66528 then a possible retracement to trend-line Long-Term daily timeframe.by pmgzo0
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6735. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6785. TP4: R2=0.68. Set the stoploss of these orders at breakout of S2=0.6715. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.6715. In this situation, there is an expectation to reach the target S3=0.664. Set the stoploss of reverse orders at breakout of S1=0.6735. 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! Longby ForecastCity2214
VIEW 3 BULLISH OR BEARISH ANYWAY IT HAS TO GO 0.6820...Market Commentary: READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted the new chart for the same pair, it could be a possible wave count or update. Make sure that old one was invalid or possible or alternate wave and the new one is valid. Good luck and cheers. This is a educational post only...my ambition is to create a awareness to the traders who lose the money and treating like a gambling...this is a pure business and not only buy and sell apart from that we have to fine tune ourselves in various part of trading...cheers once againEducationby nmkvijay1
VIEW 2 TO BREAK 0.6942 AND 0.6585Market Commentary: READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted the new chart for the same pair, it could be a possible wave count or update. Make sure that old one was invalid or possible or alternate wave and the new one is valid. Good luck and cheers. This is a educational post only...my ambition is to create a awareness to the traders who lose the money and treating like a gambling...this is a pure business and not only buy and sell apart from that we have to fine tune ourselves in various part of trading...cheers once againEducationby nmkvijay0
THIS I AN ALTERNATE VIEW 1 HAVE AN LOOK FOR 2,3 YET TO POST...Market Commentary: READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted the new chart for the same pair, it could be a possible wave count or update. Make sure that old one was invalid or possible or alternate wave and the new one is valid. Good luck and cheers. This is a educational post only...my ambition is to create a awareness to the traders who lose the money and treating like a gambling...this is a pure business and not only buy and sell apart from that we have to fine tune ourselves in various part of trading...cheers once againEducationby nmkvijay0
NZDUSD Analysis Price sold as expected and is currently under support zone price 0.67477 and under resistance trendline we expecting price to test resistance zone price 0.67477 and continue sell Long-Term daily timeframeby pmgzo0
NZD/USD Technical analysisThe double top pattern in the 30-min chart indicates the end of bull trend in the short term charts. The pair has also broke the critical support level of 0.67762. Hence we expect the pair to trade with bearish bias in the near-term. Shortby traderpulse0
NZDUSD ANALYSISNZDUSD Analysis: Price is currently under resistance zone price 0.68409 and under resistance trendline we expecting price heading towards support price 0.67477 Shortby pmgzo0
NZDUSD SHORT-MID termWelcome to my !NZDUSD analysis. NZD is giving us some good trades this month and i believe it will continue for the coming week. i believe we are completing the 4th wave /B wave of 1-2-3-4-5 / ABC correction. We have formed a contracting triangle with abcde waves and the price should breakout of the triangle upwards Wave E seems to be done however POINT 1 ( anchored note ) : this could be just an ( a) of E, but since the price is very close to C wave we would take this as completion going into the trade. Typically i like to play the triangle scenario safe and market buy on the breakout of the BD trendling. however POINT 2 : the preferred target for me is the 0.70xx range and the RR just isnt that great standing at about 1.22 The RSI is showing us a hidden bullish divergence with a nice bullish candle to close the day. FOREXCOM:NZDUSD Trade how i am taking would be market buy at about 0.680x area target 1 : 0.70xxx a potential of 3 RR target 2 ( being positive ) : 0.71 a potential of 4 RR Stop loss : 0.6735/0.6712 pips from entry : 65-88 ( your risk management your own preferred stop loss ) i like to place the stop loss below the suggest low of E at 0.67350 ish, can be placed few pips below the low of C at 0.67120 or something. it all comes down to your Position sizing and risk management. ill be looking carefully at the Stop loss and move accordingly. My last trade was worth only a small amount of profit on the overrall trade. losing one position with stop loss and carefully taking profits on the other one before price moving in the different direction. link below if you want to check that out.Longby JDchartUpdated 1
NZDUSD Approaching Resistance, Prepare For A Reversal NZDUSD is approaching its resistance at 0.6838 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 0.6767(76.4% Fibonacci retracement). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Shortby Klimex1
$NZDUSD 1hr chartCurrently sitting @ trendline support - 50 ma. (Triple top) If broken to the downside look at 1.618 fib target - one to watch.by diamondsforex1
Pair trading along a up-trend line on Daily time frameNZDUSD: - SCALP WITH .01,.02..... each with a gap of 15 pip TP all @.666. Exit plan after 1.6.Shortby realstarks.fx0
A trading opportunity to buy in NZDUSDMidterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 0.6430 would begin in Midterm. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 0.6580 on 01/03/2019, so more gains to resistance(s) 0.6860, 0.6970, 0.7025 and more heights is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 57. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.6695 to 0.6605). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.6695) Ending of entry zone (0.6605) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.6775 TP2= @ 0.6860 TP3= @ 0.6970 TP4= @ 0.7025 TP5= @ 0.7175 TP6= @ 0.7435 TP7= @ 0.7560 TP8= FreeLongby ForecastCity225
NZDUSD LONG!!Prepare for NU BUY As described before price was retracing and now it has came around 61.8% of the original impulse, So now we'll have to prepare for the BUY. I'll looking for BUY entries around 0.6760 price level, apparently which will also complete the 5 wave structure. Good LuckLongby naiyarmankadUpdated 0