NZD/USD

I think you'll get a better idea when Europe opens if that is a confirmed head and shoulders.

Waiting for
AUS :
HIA New Home Sales (MoM) (SEP)
Export Price Index (QoQ) (3Q)
Import Price Index (QoQ) (3Q)

NZ :
RBNZ Reports Net Currency Sales

US :
Jobless Claims

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I have read a news.
Wheeler criticised for interest rate hikes
https://nz.finance.yahoo.com/news/wh...234239133.html

I am still confusing about NZDUSD

If you still dont think it is going down now you need to stop trading and LEARN more before you continue. Not only do we have the USD on a strong hawkish note ready to hike its IR rate with strong fundamentals to back but we had/have NZD fallen down the curve heading towards more dovish stance and no possibility for rate hike whatsoever nor showing signs of strength in there milk demand. Dont be surprised when we see .6xxx's Happy trading everyone

I suggest buying this pair from the present level (0.7780)
Exit long at 0.7852 then wait for the pullback (below 0.7817) and buy again PROVIDED we don't breach 0.7768 low on the pullback your buy is intact and should run at least 200 pips to the upside.
Happy trading!

NZD .7790

Fundamentally the NZD is in the no go zone .

RBNZ gov Wheeler admits that inflation is not a threat then why doesn't he drop int rates?

The economy is sick.

Because like all central bankers they hate to admit being wrong and will stubbornly hold their view until the economy sinks.

Global growth isn't exactly on fire so there is no future threat.

Technically NZD is in a support zone from .7650- .7800
I couldn't sleep at night going long NZD even if its in one

I will be looking to sell but this will be a hard area to short unless outside factors emerge to give it some impetus.

Trickle out the sells but be prepared for pain

The above charts are 3 minute chart for NZD/USD.
(as a record only.)

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The above chart is 30 minute chart for NZD/USD.
(as a record only.)

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I think ,in the Asian session, NZD/USD will not have anything happen so get what I have earned in this morning to take holiday now (is the best choice at this moment!). As tonight we have the data of US Jobless Claims for tomorrow trading session, chance to take a break for all of us now.

The up move to 0.7852 has started.
From 0.7852 we can expect fresh selling expected to terminate on or before 0.7781
Happy trading!

This is for the near future (next tuesday morning HKT5:00 candle and HKT8:00 candle : as 3 hour candle chart)

(30OCT2014)

The above chart is 3 hour chart for NZD/USD.
Pattern ABCD is shown in purple color.
Orange lines are in parallel.
Blue line is the channel floor.
Bright green lines and dark green line are the same length and in parallel ( bright green line touch the candle on 22OCT2014 is just showing the same length and in parallel only : no uses in this chart; another bright green line inside pattern ABCD is the extension of dark green line.).
The next peak will be about 0.7875 or less on the extension of point D along the bright green line.

Hi all,
I checked the higher tf (daily and weekly) and noticed that price did not quite touch 0.7766 yesterday. I strongly feel that price will trade back to this 0.7766 level or slightly lower after it touches resistance at 0.7852 before any further up move.
Happy trading all.

The above chart is 30 minute chart for NZD/USD.
I really do not know what this shape means?
Please give me some advices.

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The above chart is 5 minute chart for NZD/USD.
Two Pattern ABCD and one Pattern 3 Drivers are shown.
Can someone tell me what the Pattern 3 Drivers means?

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The above chart is 15 minute chart for NZD/USD.

NZDUSD likely to initiate another decline till 1.7760 and 1.7735.

Sure looks that way. Textbook.

Gotta let things settle down a bit. Doji print on 15.

The pair did reverse from 1.7765 and isn't likely to fall further considering the mixed fundamental details.

Good work @roger44!
I got the sequence mixed up.

Thank you for your support.

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(31OCT2014 FRI)
For the similarity, please compare the following charts.


The above charts are 15 minute chart for NZD/USD on this OCT2014 ( see the US date and US time in the chart. ).
Please comment the near future for NZD/USD.

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I have read this but do not know how will this affect NZD/USD?
New Zealand dwelling consents down in September
http://www.forexfactory.com/news.php?do=news&id=511103

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As both initial and continuous US jobless claims are more than expected and last values, next week NZD/USD will rise.
Next week NZD/USD will also be affected by Today 's AUS data.
(please refer to NZD/USD from 31JULY2014 and the week onwards : as Both US and AUS situations are matched : check the data for US and AUS in Calendar of FF.).

Trying a little sell here based on possible intraday 15M double top.

In in this also

Selling has started.

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As I mentioned before for 0.7875 on my old post #post 8,273 .

The above chart is 3 minute chart for NZD/USD.

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The above chart is 3 minute chart for NZD/USD.
Orange lines are in parallel.
Pattern ABCD is shown.

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The above chart is 1 minute chart for NZD/USD.
6 peaks.