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Today i am going to discuss this pair in my own justification and analysis. I think this pair i the most. Faverable pair in the forex market .
Thats reason why i using this pair for my profitable trade
Technical analysis on basis of these indicators
Parabolic sar
Fivo piv
Moving everages
And also RSI
So best of luck for the comferm trade .
nzd usd
a security price meanwhile moves through multiple time frames it’s very useful for traders to analyze various time frames while determining the “trading circle” of the security. Through the Mul- tiple Time Frame Analysis (MTFA) you can determine the trend both on smaller and bigger scales and identify the overall market trend. The whole process of MTFA starts with the exact identification of the market direction on higher time frames (long, short or intermediary) and analyzing it through lower time frames starting from a 5-minute chart.
Experienced trader Corey Rosenbloom believes that in multiple time frame analysis, monthly, weekly and daily charts should be used to assess when the trends are moving in the same direction. However, this may cause problems because time frames don’t always align and different kind of trends take place on different time frames. According to him, the analysis of lower time frames gives more information
Forex forum is the most important and good trading forum for investing and trading in the world. We can use this forum to earning huge profits by using good stratgy and indicators. We have also follow the seniors traders policy and trading stratgy to earn good profit. I have use some good indicators to earn good profit. These indicators are
RSI and zigzag
NZDUSD has been falling for 2 years. The price is near the resistance level of 0.645. We sell with the target to the support level of 0.6337
This pair moves in a same direction like AU.As can be seen in the chart, the pair succeeded to break the strong bullish on the previous days, so downmovement is expected targeting 0.8164.
Major trend : not clear yet
situation : at the very top
NZD/USD
Forex is a short-term trading market, where a trader aims to derive the profit from the price rate fluctuations. The maximum duration of a trade on Forex is several months, while on the stock market it may last for maximum 5-7 years. The foreign exchange market is decentralized. Various banks trade on it using different software. Most individuals simply cannot enter the interbank Forex market, as the standard trade volume here varies from $100,000 to $1 million. A dealing centre acts as an intermediary between the bank and the trader.
nzd usd
Day trading strategy represents the act of buying and selling a security within the same day, which means that a day trader cannot hold any trading position overnight
Day trading strategies include scalping, fading, daily pivots and momentum trading. In case of per- forming day trading you can carry out several trades within a day but should liquidate all the trading positions before the market closure.
An important factor to remember in day trading is that the longer you hold the positions, the higher your risk of losing will be. Depending on the trading style you choose, the price target may change. Below you can learn about the most widely used day trading strategies
NZDUSD
NEW ZEALAND DOLLAR / U.S. DOLLAR
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0.64358
USD
+0.00052 (+0.08%)
MARKET OPEN (FEB 17 11:12 UTC-5)
0.64306
PREV
0.64426
OPEN
52.551K
VOLUME
0.64204 — 0.64476
DAY'S RANGE
from my analysis the Nzd/Usd market will go up again today, but it looks like it will be corrected down first, maybe up to the rbs area, after that it will go up, so I choose more patiently to wait for the london session and look for good signals for open buy, don't forget if you experience mistakes always evaluate yourself and try to improve, don't forget to pray first before doing anything, so that you can rest easy in doing so and later you can accept whatever results have we try, control your emotions well so that the decisions you make can be advantageous, happy trading.
The NZD/USD pair shows the value of the New Zealand Dollar against the US Dollar; telling traders how many USD are needed to buy a NZD. The US Dollar is the most traded currency in the world while the NZD is consistently listed in the top ten, according to the Bank of International Settlements (2016). Get live updates on the NZD/USD rate with the chart and boost your fundamental and technical analysis with our expert NZD/USD forecast, news and analysis.