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Nzd/Usd pair in buying today and pair trading above 0.6850 and pair have big chances i recommend for buying on prices below 0.6810 and 0.6840 and adjustment with stop loss 0.6830, 0.6800 and adjustment the take profit above prices 0.6920, 0.6960, 0.7010 and 0.7040 and trader must clear the market current direction than place order and make profitable trading.
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time frame - Daily
currency pair - NZD/USD
buy @ 0.6901
take profit @ 0.6916
stop loss @ 0.6886
risk reward ratio - 1 : 3
the pair may go bullish and possible retracement uptrend. buy dips sell high.
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The NZD/USD has been sliding lower a bit and things weren’t looking all that positive headed into today’s GDP figure. The talk had been that we were looking at a poor result. And the price action in the lead up was reflecting that as well.
GDP came in in-line with expectations at 0.5%. As mentioned this was as good as a win, as the talk was starting to suggest the Kiwi’s were in trouble.
Household spending was flat, however, 13 of 16 industries were in the positive. Construction has cooled, in line with the Kiwi housing market. However, things are looking better going forward and it is expected that we’ll see more positive growth in the next quarter.
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Analysis for NZD/USD
My predication about NZD/USD with 4H time frame:
Support Level: S1: 0.6840 S2: 0.6824
Resistance Level: R1: 0.6917, R2: 0.6953
My signal:
For Short term trader:
$$$$$$$$$$$$$$$$$$$$$$$$$$ Sell $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
For Long Term trader:
$$$$$$$$$$$$$$$$$$$$$$$$$$$ Buy $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Conclusion: We know that there are some news for NZDUSD, we have seen that it has done a long journey with downtrend, so its time to go up right now, it may go down too but chance is for short term trader only.
And I advice everyone for Potential Buy with This pair NZDUSD
_____________________________________ The End_______________________
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time frame - 4 Hourly
currency pair - NZD/USD
sell @ 0.6855
take profit @ 0.6838
stop loss @ 0.6862
risk reward ratio - 1 : 2
the pair may go bearish and possible retracement downtrend. sell at the top
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NZDUSD Today Prediction
Strategy:Strong in BUY , stop loss at 0.6800, take profit at 0.6960, 0.6990.
Resistance levels: 0.6940, 0.6980, and 0.7020.
Support levels: 0.6880, 0.6850, and 0.6820.
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nzdusd pair buy trend main hay aor nzdusd ki ab tk ki price movement 0.6807 sy 0.6860 tk ki howi hay aor ab bhi pair 0.6800 sy up trade ho rha hay is liay Trader ko buy krna thek rahy ga aor Trader nzdusd ko 0.6780, 0.6810 aor 0.6840 sy buy kr kay take profit 0.6880 , 0.6930 sy 0.6960 tk ka manage kr dana chhy aor Trader nzdusd ko stop loss 0.6800 ya zayda sy zyda 0.6770 tk ka manage kr lay
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price level now -- 0.6820 --, aaj ka movement (NZD/USD) meh kafi - weak - movement reh sakta hai, market ki movement se aaj - Downtrend - movement ke chances jayada hai, market agar is -- 0.6814-- level ko break karti hai toh next target rhegi -- 0.6810-- or isko break karne k bad final target rhegi -- 0.6804 --. final Resistance -- level rhegi --0.6834 - isko break karne ke baad strong - Buy - signal rhegi. Ye analysis/signal short time frame or scalpers ke liye hai.
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The NZD/USD is in focus this week as we head into the RBNZ interest rate decision. While there is no expectation of a rate change, there will be a focus on what the statement has to say about a number of different areas.
They are all the usual suspects, but particularly inflation, wage growth and the state of the economy. Given the recent political changes that we’ve seen, it will be interesting to see whether there is a different mood in the air.
Today we got some more mixed data. The trade balance came in higher than anticipated, however, business activity was lower.
The Technical Picture
The NZD/USD is currently ticking below a big support level at 0.6850.
This is the level I’ve been watching for some time and we started getting some weakness in yesterday’s session as the USD finally found its feet.
My downside target is 0.6780, which is a swing low from late last year. If you look back you can see that this is really a big level that hasn’t cracked in some time. So I don’t expect this one to give way particularly easily.
With that in mind, I’m looking for a spike into the lows, and that might be a good area to use as a profit target. Entering as we approach 0.6800.
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time frame - 4 Hourly
currency pair - NZD/USD
sell @ 0.6792
take profit @ 0.6740
stop loss @ 0.6839
risk reward ratio - 1 : 2
the pair may go bearish and possible retracement downtrend. sell at the top