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Nzd/Usd pair in buying and Nzd/Usd pair trading now above price level 0.7020 and Nzd/Usd pair having big chance to up price level 0.7100 to 0.7200 i recommend today for buy the Nzd/Usd on prices below 0.7020, 0.7000 and 0.6970 with adjustment of take profit on prices above 0.7150 to 0.7180 or 0.7220 and use stop loss point prices below 0.6950 and 0.6910.
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NZD/USD
Date - 6 June, 2018.
Today signal - Buy
Support 3 - Support 2 - Support 1
0.6956 0.6977 0.7003
Resistance 1 - Resistance 2 - Resistance 3
0.7050 0.7071 0.7097
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NZD/USD
Date - 7 June, 2018.
Today signal - Buy
Support 3 - Support 2 - Support 1
0.7008 0.7021 0.7028
Resistance 1 - Resistance 2 - Resistance 3
0.7054 0.7061 0.7074
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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NZD/USD
Date - 8 June, 2018.
Today signal - Buy
Support 3 - Support 2 - Support 1
0.7011 0.7019 0.7023
Resistance 1 - Resistance 2 - Resistance 3
0.7035 0.7043 0.7047
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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My prediction about NZDUSD:
SUPPORT LEVEL: S1: 0.6995, S2: 0.6956 WITH 4H TIME FRAME
RESISTANCE LEVEL: R1: 0.7057, R2: 0.7094
MY SIGNAL:
FOR SHORT TERM TRADER:
^^^^^^^^^^^^^^^^^^^^^^^^^^ SELL^^^^^^^^^^^^^^^^^^^^^^^^^^^
FOR LONG TERM TRADER:
^^^^^^^^^^^^^^^^^^^^^^^^^^ BUY^^^^^^^^^^^^^^^^^^^^^^^^^^^^
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now this pair broke the line
another fall is still possible .but it's good to wait the re-test then go short from there
a clear break above this trend line again means rise could be continue
good luck
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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 now this pair broke the line
another fall is still possible .but it's good to wait the re-test then go short from there
a clear break above this trend line again means rise could be continue
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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
now this pair broke the line
another fall is still possible .but it's good to wait the re-test then go short from there
a clear break above this trend line again means rise could be continue
good luck
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NZD/USD is classified as being a commodity pair. Depending heavily upon its agricultural and export sectors, the NZD is driven by commodity pricing and New Zealand’s foreign trade levels. The Reserve Bank of New Zealand (RBNZ) and the U.S. Federal Reserve (FED) are commissioned with crafting each nation’s monetary policy. New Zealand’s economy benefits from strength in the Australian economy and the NZD/USD is a carry trade target.
so according to this situation taking a buy signal here tp is 0.7064 with sl 0.6994 best of luck
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Maintains pair New Zealand dollar against the U.S. dollar on the stability above the 0.8185 level with some bearish trend since the morning to re-tested price of a new, while expectations remain positive and effective list unless we break this level followed by the 0.8145 level
Expected trading range for today is between: Support 0.8100 and resistance 0.8400
General tendency is expected for the day: UP
Technical points
Key point 0.8137
Entry point 0.8187
Elliott 0.8238
Closing 0.8168
Projection 0.8095
Trendline 0.8160
Trendline 0.8171
Supports / Resistances
Res 2 0.8267
Ex-High 0.8238
Res 1 0.8217
Pivot 0.8189
Sup 1 0.8139
Ex-Low 0.8160
Sup 2 0.8111