Attachments: NZD/USD

NZD/USD

#10,901
Mar 26, 2016 8:14am Mar 26, 2016 8:14am

asgcorp
Joined Feb 2014 | Status: trading bank levels | 8,143 Posts

my take on NZDUSD H4. Target for longs is 6950.

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#10,902
Mar 26, 2016 8:29am Mar 26, 2016 8:29am

asgcorp
Joined Feb 2014 | Status: trading bank levels | 8,143 Posts

same H1 chart, clearly a flag setup pending upside breakout.

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#10,903
Mar 26, 2016 10:04am Mar 26, 2016 10:04am

ninner
Joined Jul 2013 | Status: Trader | 2,917 Posts

i agree with everyone nu still looks good long...after a long downtrend...its consolidating...so my intrpretation is this market is being accumulated within this range and longer cause is built the more the effect will be and its being almost 6 months of sideways action..of course if the lows are taken out then i guess it was redistribution however, i dont think redistribution takes this long as accumulation takes alot longer to occur and institutions take awhile to build a pos..should be interesting...im using some other technical indicators to confirm this...

best

#10,904
Mar 26, 2016 9:46pm Mar 26, 2016 9:46pm

ninner
Joined Jul 2013 | Status: Trader | 2,917 Posts

A quick update..could be a inverted head and shoulders ..break above resistance of .6900 would confirm this...a dovish fed will probably keep pressure on usd.

#10,905
Mar 27, 2016 2:15pm Mar 27, 2016 2:15pm

Bicarus
Joined Nov 2014 | Status: Yoda | 930 Posts

sell.

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#10,906
Mar 27, 2016 11:20pm Mar 27, 2016 11:20pm

Liza J
| Joined Oct 2011 | Status: I love trading! | 316 Posts

Hello friends! Hello to all kiwi lovers...!
How's your weekend gone? Hope it was a good one...

So what is kiwi doing today...?
I have a chart screenshot guys...maybe kiwi is preparing to go North if not preparing to go South?
Which is which let the market decide...Always trade safely my friends!

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#10,907
Mar 28, 2016 4:44am Mar 28, 2016 4:44am

Karpa
Joined Mar 2014 | Status: swimming with floaters and snorkels | 1,157 Posts

Hello thread

Market's been trading in very thin liquidity due to banks closed for Easter season.
Last friday's US GDP 1.4% vs expected 1.0% will probably pass unnoticed as today's USD performance is below average.. let's see what NY's session will bring us

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#10,908
Mar 28, 2016 5:27pm Mar 28, 2016 5:27pm

Pretense
Joined Aug 2010 | Status: Trader | 336 Posts

I'm less confident in this trade than I have been for some but I'm short. from .6720, 200MA is acting as support. we still havent hit .6650 on this drop down.

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#10,909
Mar 28, 2016 10:03pm Mar 28, 2016 10:03pm

Liza J
| Joined Oct 2011 | Status: I love trading! | 316 Posts

Hello kiwi lovers...
Good morning, good afternoon or good evening wherever you are right now

So Kiwi, did fly up high, just not enough to closed all my floating negatives in my 3 demo experiments,lol
Anyways, it's better than nothing! So what's next Kiwi? Continue your journey North or go down South again?
Answer us sooner okay?

I got my chart analysis for today: It can be either 0.6800 or 0.6700 or much lower levels once again. Trade safely my friends!

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#10,910
Mar 28, 2016 10:22pm Mar 28, 2016 10:22pm

heispark
Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,108 Posts

NU has a risky event today:
"New Zealand has its global dairy auction tomorrow and an increase in prices would contribute to the positive momentum in the currency."
http://www.bkassetmanagement.com/fea...e-dollar_9321/
Be careful.

Simplicity is the ultimate sophistication - Leonardo da Vinci

#10,911
Mar 28, 2016 10:55pm Mar 28, 2016 10:55pm

heispark
Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,108 Posts

Bad sign to bears? 1H 200 MA broken to the upside:
http://technical-analysis.forexlive....tance-20160328

Simplicity is the ultimate sophistication - Leonardo da Vinci

#10,912
Mar 29, 2016 12:03am Mar 29, 2016 12:03am

Pretense
Joined Aug 2010 | Status: Trader | 336 Posts

Quoting heispark

Disliked

Bad sign to bears? 1H 200 MA broken to the upside: http://technical-analysis.forexlive....tance-20160328

Ignored

And we're decisively back below the 1h 200ma

#10,913
Mar 29, 2016 2:58am Mar 29, 2016 2:58am

Karpa
Joined Mar 2014 | Status: swimming with floaters and snorkels | 1,157 Posts

Quoting Liza J

Disliked

Hello kiwi lovers... Good morning, good afternoon or good evening wherever you are right now So Kiwi, did fly up high, just not enough to closed all my floating negatives in my 3 demo experiments,lol Anyways, it's better than nothing! So what's next Kiwi? Continue your journey North or go down South again? Answer us sooner okay? I got my chart analysis for today: It can be either 0.6800 or 0.6700 or much lower levels once again. Trade safely my friends! {image}

Ignored

I like this level

#10,914
Mar 29, 2016 3:03am Mar 29, 2016 3:03am

Karpa
Joined Mar 2014 | Status: swimming with floaters and snorkels | 1,157 Posts

Quoting heispark

Disliked

NU has a risky event today: "New Zealand has its global dairy auction tomorrow and an increase in prices would contribute to the positive momentum in the currency." http://www.bkassetmanagement.com/fea...e-dollar_9321/ Be careful.

Ignored

I don't see it on their calendar Sir.
https://www.globaldairytrade.info/en/calendar/