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DAY 10 - NZDUSD ANALYSIS

alifari Posted 10 Aug.  in #Trader's blog #Analysis #NZD/USD
New Zealand Dollar is showing signs of weakness, as NZDUSD is down around 300 pips in last two weeks from highs of 0.7558. This could well be the start of new down trend.
Recent fundamental numbers remain mixed, while Trade Balance shown improvement, CPI failed to rise and GDT Price Index remain flat.
0.7200 level is an important support level and if price is pushed harder below this level and it would pave the way towards 0.7050 level and even further down towards 0.6950 level.
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DAY 9 - NZDUSD ANALYSIS

alifari Updated 9 July  in #Trader's blog #Analysis #NZD/USD
After a steep decline on NZDUSD in last couple of months, we have seen some buying interest developing on this pair, as the currency looks oversold on higher time frame charts. However, it is too early to tell how far buyers will push price higher. Looking at H4 charts there is still some room for price to move up towards Daily supply zone at 0.6810 or even higher towards 0.6885 level.
As such the best option would be to wait for price to retrace towards 0.6650 and then look for price action to …
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NZDUSD PRICE FORECAST FOR AUGUST 1ST 2014

alifari Posted 30 June as Analysis on NZD/USD, Target: 0.8550, Date: 1st of August, 12:00 GMT  in #Technical analysis #Forecast #Price #NZD/USD #Nzdusd
NZDUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Monthly Chart
2) Weekly Chart
Price Target 0.8550 for 1st August 2014
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alifari 29 July

Update 1: As predicted we have seen a massive sell-off on NZDUSD from Monthly resistance. Price is currently about 40 pips below my target.

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alifari 31 July

Update 2: After massive sell-off this month, price is currently ranging between 0.8515 and 0.8660 since last 2 days. However, expecting some bullish price action tomorrow on this pair.

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NZDUSD PRICE FORECAST FOR 2ND JUNE 2014

alifari Posted 30 Apr. as Analysis on NZD/USD, Target: 0.850, Date: 2nd of June, 12:00 GMT  in #Technical analysis #Forecast #Support #Resistance #Demand #NZD/USD #Supply
NZDUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Daily Chart
2) H4 Chart
Price Target 0.8500 for 2nd June 2014
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alifari 11 May

Update 1: We saw a buyers trap (fake out) of daily resistance and price instantly reversed and dropped almost 170 pips from high of the week. I am expecting 0.8550 demand to hold price for now and retracement back into 0.8700 level where sellers are expected to push price down again towards 0.8500 level.

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alifari 28 May

Update 2: 0.8550 level held price for a short while but eventually the level was broken and price broke out 0.8515 major daily support level and went all the way down to 0.8467. Price is currently about 8 pips below my target.

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NZDUSD PRICE FORECAST FOR 1ST APRIL 2014

alifari Posted 28 Feb. as Analysis on NZD/USD, Target: 0.8150, Date: 1st of April, 12:00 GMT  in #Technical analysis #Support #Resistance #Demand #NZD/USD #Supply
NZDUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 0.8150 for 1st April 2014
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NZDUSD PRICE FORECAST FOR 3RD MARCH 2014

alifari Posted 30 Jan. as Analysis on NZD/USD, Target: 0.8000, Date: 3rd of March, 12:00 GMT  in #Technical analysis #Support #Resistance #Demand #NZD/USD #Supply
NZDUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Monthly Chart
2) Weekly Chart
Price Target 0.8000 for 3rd March 2014

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NZDUSD PRICE FORECAST FOR 3RD FEBRUARY 2014

alifari Posted 31 Dec. as Analysis on NZD/USD, Target: 0.8150, Date: 3rd of February, 12:00 GMT  in #Technical analysis #Support #Resistance #Demand #NZD/USD #Supply
NZDUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Monthly Chart
2) Weekly Chart
Price Target 0.8150 for 3rd February 2014
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3 Comments
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alifari 19 Jan.

Update: Daily supply level at 0.8430 held and we have seen heavy selling this week. Price is currently about 100 pips shy of my target of 0.8150 and looks like it's going to get hit next week.

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alifari 30 Jan.

Update 2: As expected the daily supply zone at .8330 held and price pushed down hard this week into daily support level of 0.8150 to 0.8110 area. Price is currently about 10 pips under my target of 0.8150. Since price have already completed it's weekly ATR of 170 pips this week, I am expecting range bound price action till end of week.

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alifari 3 Feb.

Final Update: On Friday we have seen massive bearish price movement on this pair taking it down to 0.8060 level, where we saw some buying interest. The bullish retracement continued on Monday and price finally closed about 40 pips below my target. Based on my Weekly chart it reacted as predicted, so pretty pleased with my analysis on this pair.

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NZDUSD PRICE FORECAST FOR 2ND JANUARY 2014

alifari Posted 30 Nov. as Analysis on NZD/USD, Target: 0.7950, Date: 2nd of January, 12:00 GMT  in #Technical analysis #NZD/USD
NZDUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Daily Chart
2) Weekly Chart
Price Target 0.7950 for 2nd January 2014
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alifari 16 Dec.

Update: Price is currently consolidating between 0.8300 supply zone and 0.8140 demand zone. A break of this demand level at 0.8140 will pave way for drop to 0.8000 level.

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alifari 29 Dec.

Update 2: 0.8140 level still holding for now but price action suggest a move down next week to 0.8000 level.

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NZDUSD PRICE FORECAST FOR 1ST OCTOBER 2013

alifari Posted 31 Aug. as Analysis on NZD/USD, Target: 0.7925, Date: 1st of October, 12:00 GMT  in #Technical analysis #NZD/USD
NZDUSD: My technical analysis is based on Supply / Demand and Support / Resistance.1) Daily Chart2) Weekly ChartPrice Target 0.7925 for 1st October 2013
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4 Comments
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VTTG 3 Sep.

Your chart is good :)

Likerty avatar
Likerty 3 Sep.

kiwi and aussie is going to bounce soon - after another LL probably

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alifari 8 Sep.

Update 1: Price found some buying interest on 3rd retest of Weekly demand zone at 0.7700 - 0.7725 zone and had quite a bullish week and price closed pretty close to Weekly Supply zone at 0.8000 - 0.8025. As for now 0.8100 area seem hard to break upside and such next week I am expecting price to test this level and after that we could see bearish price action on this pair towards Weekly demand zone 1 at 0.7600. It might take couple of weeks to reach that level though.

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alifari 24 Sep.

Update: Price found some selling interest at Daily supply zone @ 0.8400 to 0.8430. Today we saw a big bearish bar showing sellers are trying to take price down. If 4 hour demand at 0.8240 area is consumed, price could go down all the way to 0.8000 price level by October 1st.

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