NZD ran into a strong medium-term support zone of 8340, some of which also runs and 200 moving on the hourly chart pair formed a bottom 3 + MASD and RSI signaled a buy stop (and a possible coup in the sale) I have until about 8330.
Thread: Nzd/Usd
NZD ran into a strong medium-term support zone of 8340, some of which also runs and 200 moving on the hourly chart pair formed a bottom 3 + MASD and RSI signaled a buy stop (and a possible coup in the sale) I have until about 8330.
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Despite the downward movement yesterday the pair is manage to close above 0.8355 levels which gives positive signal on the other hand stability below the linear regression indicators threatens our bullish scenario. Therefore at this stage , we are stay away from the pair until we get a confirm signal for the upcoming big move.
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Analysis for nzd/usd pair now and I expect volatility for the pair rise to the levels of 0.8420, but before boarding i expect possible down to 0.8310 and bounce
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nzd/usd technical analysis by using : adx
adx : 17.2877
+di : 14.9991
-di : 12.3462
timeframe : 1 hour
time : 10000
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nzd / usd जोड़ी गुरुवार को एक नकारात्मक सत्र के रूप में अस्थिरता जारी रखा था. इस जोड़ी के लिए 0.8350 संभाल नीचे डुबकी में कामयाब रहे, लेकिन यह पर्याप्त समर्थन मिला क्रम में दिन के अंत तक वापस पॉप.
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NZDUSD has broken the support level at 0.8368 with strong bearish momentum. Now, this pair is in bearish sentiment and moving below 0.8368 level. So, I expect NZDUSD will fall today and may reaches the next support level at 0.8318.
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bullish:
1) If the pivot point is confirmed as the support, the pair will return to the 0.8428
2) But the movement number 1 above, consider the retracement that occurs at 0.8421
3) a strong bullish pressure, high penetration of high yesterday and the day before yesterday, will bring the pair headed to 0.8458
bearish:
1) The penetration of the pivot point will bring the pair back to the 0.8372 low the day before yesterday
2) But the movement number 1 above, note retracement could happen at 0.8383
3) a strong bearish pressure, low penetration and low day before yesterday, yesterday, will bring the pair headed to 0.8346
Open Position Setup:
1) BUY, if it breaks 0.8440 targets 0.8458
2) SELL, if it breaks 0.8400 targets 0.8383
3) SELL, if it breaks 0.8366 targets 0.8346
DONT SPECULATE. IF YOU DO, YOU WILL LOSE. DON'T BE A SPECULATOR. BE A TRADER
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day after day, a couple of pair trades in the hallway, frankly schedule bad ... it probably only make robots and some scalpers .. and just sucks ... I think should be interesting after the price of the consolidation above 0.8435 or below 0.8375 ....
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