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NZD/USD

HOLA BUENOS DIAS, HOY VAMOS A ANALIZAR EL PAR NZD/USD, ESTE CASI LLEGO (FALTO UNOS 20 PIPS ) A UN SOPORTE DIARIO PERO COMO LA CAIDA FUE TAN FUERTE TENGO ESPERANZA DE QUE VUELVA OTRA VEZ AL SOPORTE DIARIO. SABEMOS QUE TANTO KIWI COMO AUSSIE SON PARES QUE CUANDO COGEN TENDENCIA ES DIFICIL QUE CAMBIE LA TENDENCIA RAPIDAMENTE. EL PRIMER SOPORTE DIARIO PARA ESTE PAR SE ENCUENTRA EN LA ZONA 0.6660, COMO HE DICHO ES UNA ZONA SI LLEGASE A 0,6675 TAMBIEN LA DARIA POR BUENA (LLEGO A 0,6690 PUEDE QUE SE VA…
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Brent oil

The announcements before the OPEC meeting in Vienna today continue at Full Speed. Ecuador's Oil Minister Carlos Perez said the global supply agreement is already approaching. OPEC and its partners, as claimed, do not expect them to take a decision to increase daily oil production by 1 million barrels Perez, 600 thousand barrels per day of production seems more likely to increase. The Nigerian petroleum minister said he hoped a consensus would be made today on the production decision, while he ho…
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EURUSD parity overview

As EURUSD is returning from 1.2070 resistance, let us stress that this region is technically the main previous peak. The dollar is effective in reducing losses on the return. 1.1980 main support can be followed if retracement continues, leaving the data stream behind a day that the dollar was partially supported.
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NZDUSD TECHNICAL ANALYSIS

DAILY AND WEEKLY CHARTS
INDICATOR: FIB EXTENSION

0.7120 will be a likely target for Q3. If the C-leg on the daily chart below holds, then kiwi can drop till the 61.8% extension at 0.7120 or below. From the monthly chart, only information provided is the current pullback.
DAILY CHART:
WEEKLY CHART:
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AUD/NZD for 2 october

Chart Scale: Weekly, Monthly
Support/Resistence Area
Indicator Used: BB, CCI EM 200
ATR: 365 Pips
Pair Analysis:
In the Monthly Chart we have a divergence of CCI and Price it could mean that the pair reverses from higher, it made also an higher low, However the ATR is fallen which means, the Volatility don't confirm it. the Atr has to rise to confirm any reverseal. On the weekly Chart, the Price slightly rose I expect to reach the 200 EMA in the next weeks.
Monthly Chart:
Weekly Chart:
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Blog 10/7: Sell NZDUSD

Hi Traders,
The pair NZDUSD had rallied since the begining days of May. It's seem that rally process just stopped and market going into correction phase. I think the daily chart shows a good chance to sell this pair with stop loss above old high level and take profit about 100 pips from current level 0.727. Let's see the daily chart below:
Good luck to all
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Blog 2/5: Sell NZDUSD follow weekly chart

Hi Traders,
NZDUSD's weekly chart shows the possibility of a decline. In addition this week there are also some fundamental data will be released: FOMC statement, US non-farm employment; NZ's employment data and inflation expectation. That would be chance for sell, so I setup a sell limit order when price bounce and stop above 0.7.
Good luck
Haynes6EU
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NZDUSD - Another bearish month is expected?

Hi community members,
Background: this forecast base on balanced distribution (pure technical view). To simplified: I use monthly chart to forecast trend and daily chart to predict price on 1st of June!
Monthly chart: It's clear there are three months price has been decreasing, it's simple that I expect we will have one more month to decrease.
Daily chart: Price is fluctuating around decreasing median. It need time for market distribute goods and service around the mean so I don't think price wi…
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Update 1: Price is going on the right track of forecast. Balanced area continue to go lower, there are a lot of space ahead so I expect price will decrease on remain days of the month.

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Update 2: prices still be in small range and has not yet break the old range but median prices in daily is decreasing.

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Update 3: The pair NZD/USD still be on the way to my target 0.67. I think that current situation is good for Bear and prices is below sma (50, 100, 200) and median price is decreasing stable.

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Slow Recovery Underway in NZD/USD

A slow recovery is underway in the Kiwi. As we can see from our first chart below, prices bottomed out in August of last year and since then we’ve been going up slowly.
Recently that trend hit a small bump in road as general risk aversion across all markets led to NZD selling. The Kiwi gets sold because it’s a risk-on currency, people hold it for carry and unwind these trades during bad times.
Nonetheless as we can see on the second daily chart below, the trend seems to be back up! Prices only…
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AUD/NZD in Range on Multiple Timeframes

The AUD/NZD has been trading in a tight 550 pips range since July of 2016. On our first chart below we can see that the high of this range is around 1.0770 while the low is at 1.0220.
Zooming out a bit we're seeing another range, inside which the range above can be placed. In fact the AUD/NZD has been congested since the start of 2014. A situation of two years lack of trends is not an easy thing to overcome. Thus I'm placing my forecast at 1.0653, close to the current price.
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UPDATE 1: While the AUD/NZD didn't trade range-bound so far this month, there hasn't been much movement either. We're now quoted at 1.0808, only 155 pips from my forecasted price.

This is a distance that can be overcome in 2-3 days of trading so there is still a chance here! While prices definitively broke the first resistance at 1.0770, they're having trouble breaking above the second important level.

Overall mixed results so far but hoping that mean reversion will kick in soon. That has been the modus operandi for this pair for the past several years.

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