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NZDUSDv

Jun 13, 2017 at 07:33
7,748 Views
277 Replies
Mar 28, 2018 at 05:59
Kiwi-- potential another head-shoulder top formation?

If today close below 7258 may increase short term downside risk.

Directly break higher from the channel will turn the trend higher again.

Views are my own, not trading recommendations. Good Luck!




Pielikumi

Biedrs kopš   823 ieraksti
Mar 28, 2018 at 11:59
The pair rebounded from 0.7250 but I think it may still continue falling and reach 0.7220.
Biedrs kopš   823 ieraksti
Mar 29, 2018 at 12:39
It depreciated below 0.7200. I think it may keep falling to 0.7170.
Biedrs kopš   823 ieraksti
Mar 30, 2018 at 12:31
It rebounded from 0.7187 and I think it will next reach 0.7250.
Biedrs kopš   823 ieraksti
Apr 02, 2018 at 12:13
The pair is testing 0.7240 - 0.7250 and I think it will be able overcome that resistance and move north to 0.7300.
Biedrs kopš   823 ieraksti
Apr 03, 2018 at 12:57
It just broke out above 0.7250, the move north should continue.
Biedrs kopš   823 ieraksti
Apr 04, 2018 at 11:01
It's testing 0.7270, I think if it overcomes that resistance it will rise to 0.7300.
Biedrs kopš   823 ieraksti
Apr 06, 2018 at 11:26
The pair is bearish, but let's see what effect the NFP will have on it.
Biedrs kopš   823 ieraksti
Apr 07, 2018 at 10:56
There was a rally after the NFP but it lasted only to 0.7280 and I think the pair will depreciate again next week.
Biedrs kopš   823 ieraksti
Apr 09, 2018 at 13:10
After a depreciation to 0.7240 the pair is testing 0.7300. I think it may rally to 0.7340.
Biedrs kopš   823 ieraksti
Apr 10, 2018 at 12:57
NZD/USD just broke out above 0.7340 and I think it will keep moving north to 0.7400.
Biedrs kopš   823 ieraksti
Apr 11, 2018 at 13:17
The pair is range-bound below 0.7375 but in my opinion the move north will continue.
Apr 11, 2018 at 14:38
Spot 0.7363, Clearly close above 0.7430 will add bullish tone, if failed, may back into boarder consolidation mode.



Pielikumi

Apr 12, 2018 at 06:52
If today no touch 0.7380, some pullback is likely.
Biedrs kopš   823 ieraksti
Apr 12, 2018 at 12:04
It's testing 0.7380 now and in my opinion it will break out above it.
Apr 13, 2018 at 07:21
NZDUSD

The uptrend looks sustained for now.

But daily osclliator already at the top of range.

The small divergence on intraday chart also should be taken into account.

Today close below 0.7353 or no touch 0.7399 may be the first pullback sign.

Directly close above 0.7399 will indicate a potential upside acceleration.



Pielikumi

Apr 13, 2018 at 07:21



Pielikumi

Biedrs kopš   823 ieraksti
Apr 13, 2018 at 13:53
It pulled back from 0.7400 and I think it may drop to 0.7340 before the market close today.
Biedrs kopš   823 ieraksti
Apr 16, 2018 at 12:37
The pair is at 0.7340 at the moment and I think it will depreciate below that to 0.7300.
Apr 17, 2018 at 06:06
NZDUSD

After a bearish key day reversal, Kiwi still consolidated just below the downtrend line.

Price still in the uptrend channel.

We see daily oscillators already at thr top of its range along with RSI turning lower.

Once 0.7395 hold, a potential head-shoulder top formation could not be ruled out.

Short term ome pullback is likely.

Go short against recent high provide good risk-reward for now.

Directly break 0.7395 will not only test 0.7403/35, but also threaten a clearly downtrend broken.

Close below 0.7275 will indicate a near term top has already formed.




Pielikumi

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