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NZD/USD on fire , USD/CHF facing a trend !

hunlion Posted 29 May  in #Trader's blog #NZD/USD
Hello Guys ,
If you have an open trade on NZD/USD, you have to be carefull because there are two strong news on both currencies , the USD CB Consumer Confidence where the forecast are less than the pervious reading for this index which make the USD weaker at the news time, beside the NZD RBNZ Financial Stability Report which will see a real movement of the pair after its release.
on the other hand The USD/CHF facing a down trend on the 4 Hours chart which make beleive that the the will go downwa…
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NZD/USD trading inside a consolidation box for a year

hunlion Posted 29 Apr. as Analysis on NZD/USD, Target: 0.6860, Date: 1st of June, 12:00 GMT  in #Technical analysis #NZD/USD
Hello Guys ,
The NZD/USD pair is trading inside a consolidation box for a 23 months now and after it touch the upper line of the channel at 0.7430 it is heading down again to touch the bottom line at 0.6950.
so my analysis says that we will see another strong bearish candlesticks on the weekly chart after we have seen two others formed the last two weeks .
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hunlion 27 May

The pair follow what we have said and reach the the targert 0.6860 , now it traceback to 0.9600 facing a resistance there , the pair may break the resistance and and go upward or continue its way down to 0.6800

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NZD/USD Pair break a penetrate a strong support

hunlion Posted 23 Apr.  in #Break #NZD/USD #Strong Support
Hello ,
The daily close of the NZD/USD Pair comes with a bulish sign , when it closed beneath a strong support at 0.7180 the closing price was 0.7145 I would recommand a sell limit from a higher point 0.7177 to a Take profit At 0.70.90 and a stop lose at 0.7240
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NZD/USD Break 4H up trend !

hunlion Posted 15 Mar. as Analysis on NZD/USD, Target: 0.7256, Date: 1st of May, 12:00 GMT  in #Technical analysis #NZD/USD #Up Trend
NZD/USD pair break an up trend on the 4H Chart which means that we will see a further down movement
A good entry is an sell stop order at 0.7280 with a take profit at 0.7256 or 0.7225 a stop loss above 0.7340
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3 Comments
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hunlion 16 Mar.

Hit the the first level  TP:0.7256

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hunlion 16 Mar.

Hit the the second level  TP:0.7225

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Ann12013 28 Mar.

Good job!

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