NZDUSDv

eNyComics
eNyComics
Jun 13, 2017 at 07:33
7,942 Views
277 Replies
YueWang
YueWang
Member Since Apr 21, 2018   66 posts
Jun 18, 2018 at 11:55
Elliottwave Analysis: NZDUSD, sell at 0.6957

NZDUSD closed below daily Ichimoku Kijun-sen and H4 lower bands.

Long term trend still firmly point down, upside should be limited.

From an Eliiottwave perspective, further downside toward 0.6761/0.6647 could not be ruled out.

After DXY break higher, Kiwi looks a little 'rich' around current levels.

Go short against H4 upper bands provide good risk-reward for now.

Daily support levels: 0.6925 0.6910 0.6895

Dialy resistance levels: 0.6962 0.6984 0.7007

NZDUSD Trade Idea: (Spot 0.6942)

Sell @ 0.6957 SL 0.7061 Take Profit @ 0.6778

Intraday Trade Idea:

Sell Latentinterest Order: 0.6962

Buy Latentinterest Order: 0.6879


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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jun 18, 2018 at 12:44
It rebounded from 0.6920, let's see how high the correction will be.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jun 19, 2018 at 12:20
It looks like there will be another test of the local low at 0.6850.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jun 20, 2018 at 12:47
Let's see whether there will be a double bottom at 0.6850 or it will continue depreciating.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jun 21, 2018 at 13:18
It rebounded from 0.6825, let's see whether this is the end of the move south.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jun 22, 2018 at 11:10
It looks like it will break out above 0.6900 and continue moving north.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jun 25, 2018 at 12:23
It pulled back from 0.6920, let's see whether it will continue rising.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jun 26, 2018 at 11:25
It has clearly reversed and it may depreciate back to 0.6825, I think.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jun 27, 2018 at 12:54
It's very bearish and I think it will break out below 0.6800 too soon.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jun 28, 2018 at 11:20
It broke out below 0.6800, I think it will depreciate to 0.6740.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jun 29, 2018 at 07:32
The pair reached 0.6735 as I thought it may. I think the pullback is only temporary, the trend is still downward.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jul 02, 2018 at 11:12
The pair broke out below 0.6735 and I think it will overcome 0.6700 too.
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forex_trader_535230
Member Since Jun 29, 2018   27 posts
Jul 02, 2018 at 12:47
The commodities currencies continue to be the weakest link in the face of trade wars and tariffs. Just ride on it, don't fight the trend.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jul 03, 2018 at 12:47
It rebounded from 0.6685, it may be time for some correction but the trend remains downward.
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bdelam
bdelam
Member Since May 18, 2018   26 posts
Jul 03, 2018 at 13:21
i guess it will come back to where it came @di
begin fm below. no man w/ 4 aces asks for a new deal.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jul 04, 2018 at 12:55
Let's see whether it will break out above 0.6785.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jul 05, 2018 at 12:37
It did break out and we may see it rally above 0.6800 too.
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bdelam
bdelam
Member Since May 18, 2018   26 posts
Jul 06, 2018 at 09:09
it is now @di
begin fm below. no man w/ 4 aces asks for a new deal.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jul 06, 2018 at 11:56
I've closed what positions I had and I think I will wait out the NFP volatility before I open new ones.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Jul 09, 2018 at 12:49
It looks like the pair will continue rallying, I expect a breakout above 0.6860.
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