Nzd/Usd

[ashaab]

The pair continues the decline; meanwhile stochastic flattens within oversold area, while price is attempting to regain some momentum for a possible correction. In general, there are different technical factors that suggest a trend reversal and the downside bias to remain in favor in the upcoming period. Thus we hold onto our bearish expectations for the pair.



Recommendation : Based on the charts and explanations above, we recommend selling the pair around 0.7825 targeting 0.7755 and 0.7700. Stop loss above 0.7905.

[nurdiantofxwave]

Mrenstein signal indicator now:
tf m15: 25.86
tf m30: 43.42
tf h1: 70.94
tf h4: 38.61
tf d1: 9.83

Movement of the NZD / USD briefly rose, muffled by the daily pivot point. Now the price to drop from the pivot point. See the signal of which have penetrated ma 16 ma 96 may affect the subsequent motion to continue to rise to the top. However, the weakened condition of the trend shown by the movement of ma ma480 96 and will make prices difficult to continue rising.

[simpleforex68]

We can see clearly in H1 chart that price has a long time decrease. But the MACD indicator increases. This is a strong Divergence on MACD indicator. So, I think the price will make a reverse and increase strongly.

[ashaab]

The pair continued moving lower, printing new lows without acquiring any upside pullback. Accordingly, we continue to expect further downside action, where 0.7820 intraday resistance should limit intraday rallies.



Recommendation : Based on the charts and explanations above, we recommend selling the pair around 0.7820 targeting 0.7770 and 0.7700. Stop loss above 0.7900.

[kapil_chemical_07]

Every currency pair is good in forex trading business,if you can do it accurately.But,I suggest you to trade with EURUSD pair.Because,everyday there is a huge ups and downs are shown in this pair.So, you can earn a lot.

[nurdiantofxwave]

1. Trend analysis today with sma system:
sma 16 as short term trend indicator = down
sma 96 as medium term trend indicator = down
sma 480 as long term trend indicator = down
So the trend is down strong.

2. Pivot,ressistance and support level this day:
p: 0.7838
r1: 0.7866
r2: 0.7906
r3: 0.7934
s1: 0.7798
s2: 0.7770
s3: 0.7730

[simpleforex68]

Let's look at H4 chart of the pair. The price is below the Ichimoku Kumo Cloud and EMA 200. The price is in downtrend. So, I think the price will increase slightly to the kumo cloud and then it will decrease strongly.

[hazem ahmed mohamed]

i think that we should sell NZDUSD now as we have a moving down trend on the weekly chart which will force NZDUSD to move downward our tp1@50% as we have a strong support level @this level.

[ashaab]

After testing area around 0.7910 resistance the bearish wave resumed, meanwhile the pair has settled below the 61.8% Fibonacci correction, thus if it manages to hold below 0.7910 area bearishness may extend further towards the 78.6% level. In general, we hold onto our bearish expectations for the pair so long as 0.7910 remains intact.



Recommendation : Based on the charts and explanations above our opinion is, selling the pair around 0.7910 targeting 0.7850 and 0.7800, stop loss above 0.7975.

[simpleforex68]

Look at the H1 chart of the pair. The price broke out the downtrend line. This is a signal for a uptrend. Therefore, I think the price will be up and the target is EMA 200. This will be a strong resistance for this increase.