Nzd/Usd

opening any position, every trader has to determine whether to open a BUY or SELL position. If you want to buy the base currency and sell the quoted currency, this means that you are expecting the base currency to rise so as to sell it back at higher price. Such positions are used to be known as Long positions. In contrast, if you want to sell the base currency for buying a quote currency, this means that you want the base currency to fall in price so as to buy it at a low- er price. Such positions are known to be as Short positions. So, keep in mind, that Buy=Long and Sell=Short.
When speaking about the prices of the currencies, we have already mentioned that they are called rates. Anyway, it is very important to mention that in Forex every quotation has
two prices- Bid Price and Ask Price. These pairs are usually denoted by a slash where at front stands the rate of Buy, and after- the rate of Sell, such as . The bid price is the price at which the broker is ready to buy the base currency for the quote one, while the ask price is the price at which the company is selling the base currency for the quote one. So it can be understood that the concepts of buying and selling in relation to you are actually “reversed.” Buying and selling in this formulation is not per- formed by you, but by the party offering you a quotation. More precisely saying, if you need to buy a base currency, you can do it by Ask price, while selling, you need to do it through Bid price.

Forex Forecast with price level
NZD/USD - pair in focus.
Current Price - 0.6310
main support level - 0.6301
main resistance level - 0.6320
Pair likely to be in Sell today.

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.

pair ne kal hi apna 1 bahut strong resistance .8270 ko break kiya hai...ye 1 bahut purana aur strong resistance tha is pair ka..
isko break karnek e baad isne fir down trend ke option diye h ai lekin i think iske signals ko aur clear hone ka wait karna chahiye kyunki isne abhi apna resistence toda hai

NZD/USD struggles to justify the latest pullback from the lowest in four months.
Downbeat New Zealand Retail Sales, coronavirus keep sellers hopeful.
A light economic calendar will keep the market’s focus on coronavirus headlines.
NZD/USD seesaws around 0.6320, down 0.43%, during the Asian trading session on Monday. That said, the pair gapped down from 0.6348 to 0.6319 at the start of this week’s trading. With the increase in coronavirus cases outside China, traders rush to risk-safety while selling commodities and commodity-linked currencies including the New Zealand dollar.

Today i will discuss this pair......
In this pair eveverybody know about this it. upward and downward movement.. ..
I see the daily chart that indicate complete downtrend of this pair.
Exponential Moving Average (10) :
Simple Moving Average (18) :
Exponential Moving Average (28) :
Simple Moving Average (35) :
Exponential Moving Average (54) :
. The list of indicator those i uses are as follows.
Parabolic SR
moving average 10
Moving average 60
Moving average 200
MACD Future
Fibo piv-2
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.

Please like my post

🌷Thanks you🎋

Forex trading has surged in recent years, as more individuals earn their living trading and the popularity of riskier investment vehicles like hedge funds has increased. The bottom line for these investors is superior returns, and in foreign exchange four major factors create a unique investment environment:
ƒ Liquidity ƒ Leverage ƒ Convenience ƒ Cost
In no other market can you find a playing field that is so biased to the investor, at least on the surface. But to take advantage of these factors you have to be constantly aware of their downside.
Liquidity In a liquid market there is a high degree of transparency, even when large transactions change hands. The sophisticated investor understands what this means: forex attracts huge players. As a trader grows in sophistication, they understand that these huge players have significant price impact, and watch for their market entry.

Time Frame - 4 Hour
Currency pair - NZD/USD
Buy @ - 0.6311
Stop Loss - 0.6285
Take Profit - 0.6333
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.

Pivot, Resistance Levels and Support Levels for
NZD / USD. For Stop Loss and Trading Targets
Calculation For Trading:

Resistance Level (R3): 0.639
Resistance Level (R2): 0.637
Resistance Level (R1): 0.635

Pivot Point: 0.633
Support Level (S1): 0.630
Support Level (S2): 0.629
Support Level (S3): 0.626

Current trend jo hai woh upward trend pe hai aur badme target hai 0.8300 then 0.8335 agar price niche ki aur gaya toh lowest point hai iska 0.8210, breaking the trend turn to the downside targeting 0.8175 then 0.8145