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Attachments: NZD/USD
Exit Attachments

NZD/USD

Quoting Fx_Anil
Having followed the descending trend line since the start of the month, now is the chance for the Kiwi to break through 0.8765 and 0.8800 again, should the 20-EMA crosses over 40-EMA on M30 chart. However, downside supports of 0.8735 and 0.8720 becomes critical before the pair plunges to 0.8710 and 0.8680 again. {image}
there are 2 private speeches by RBNZ officials tomorrow. speeches would be out later but they are scheduled for 12:00 pm NZ time. watch the movement of NZD around this time. you can also check forexlive.com for more details
Quoting giveachance
{quote} there are 2 private speeches by RBNZ officials tomorrow. speeches would be out later but they are scheduled for 12:00 pm NZ time. watch the movement of NZD around this time. you can also check forexlive.com for more details
What should you expect from speech?

According to speech so far satisfied with the level of NZD
Quoting giveachance
{quote} there are 2 private speeches by RBNZ officials tomorrow. speeches would be out later but they are scheduled for 12:00 pm NZ time. watch the movement of NZD around this time. you can also check forexlive.com for more details

Thanks for the update giveachance,
Also, NZIER Business Confidence can also become a help for the pairs connected to NZD.
With NZD/USD up, this is starting to look really, really good. Bearish engulfing pattern on H4:
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 44 KB
Fix up, trade sharp ...
Quoting ben82
great buy levels, target 89
yessss, 3-4 hours at this rate 89
wtf we going up or down again this is shit
Buy NZDUSD will not lose position
just short from here. I bet NZ will talk down nzd when RBA talked AUD down. NZ has very tight connection with AU.
I think it will remain a bit heavy till business confidence data.
Quoting ben82
{quote} yessss, 3-4 hours at this rate 89
it has moved 50 pips from the low. another 50 pips on a volumeless day will be tough. also remember imp data tomorrow. its trading heavy imho and at the risk of cracking down big time.
Quoting zew
just short from here. I bet NZ will talk down nzd when RBA talked AUD down. NZ has very tight connection with AU.
I see the smart money update is still shorting NZD.
Quoting Hickson
With NZD/USD up, this is starting to look really, really good. Bearish engulfing pattern on H4: {image}
Thanks for the smart money update.
Quoting cobracoder
wtf we going up or down again this is shit
i'm with you on this one man.
this is my bumpiest ride so far but no signal to exit yet.
I've been short for more than a week now and i i think it's safe to say, that NZD/USD is holding my account hostage. lol
Quoting Fx3423454
{quote} Thanks for the smart money update.
I am just dumb money taking some and run
Fix up, trade sharp ...
Interesting price action, in a way.
Flushed a few sell stops and sucked in a few shorts no doubt yesterday with the lower low at 8713, now running it to the upside presumably to take out a load of buy stops. Maybe they'll have a go at .88; it's not that far away now. Got to be a bucket load of buy stops hereabouts, and more above the market.
Good chance of a decent leg down coming, I mean, look at the range on the chart, but in forex, these things can take what feels like an age to play out, especially when you keep looking at the chart.
I have no clue what I'm talking about.
Quoting TradingArt
NZD/CAD could pop on CAD data in a few hrs, here's my trade - BUY 0.9318, Targeting 0.9440, Stop 0.9281, good R/R >3:1 {image}
Took early profits on the NZDCAD buy from 0.9318 a few hours ago - early TP but nice to have a solid profit on the books to start the week
@tradingisart
retrace coming?
THIS IS SPARTA!
who agree with that scenario ?
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-m30-alpari-uk-ltd-temp-file-screenshot-46923-png.png Size: 42 KB
I cannot find any reason NZD/USD not to hit all time high this week. 0,89 this week, 0,90 next one.
Quoting AM BiH
I cannot find any reason NZD/USD not to hit all time high this week. 0,89 this week, 0,90 next one.
I second this... I can see this only going up in the upcoming days...
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