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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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NZDUSD - What next? consolidate in a box???

Hello community,
The pair NZDUSD bounced back strongly from low area 0.62 to above 0.674x, it's very impressive , can the pair go up more? I don't know but I think that Bear will come consistent above 0.67 level and put pressure on price. So I expect the pair will consolidate in a box (0.65~0.67xx) a few weeks ahead before decide new direction for the pair. Let's look at my chart:
Good luck to all
Haynes
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Wait to buy NZDJPY at support with tigh stop

Hello community,
Bull shows strength around support area 81.1x, Bull vs Bear seems balanced and this support level can hold or not? I will wait to buy when price retest support again with tigh stop. Good luck to all
Best Regards,
Haynes
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NZDUSD - Short entry to wait RBNZ

Hello community,
RBNZ will be holding a policy meeting tomorrow and market expect RBNZ reduce OCR at least 25 bp. So I setup a short entry at confluent level 0.666 (fibo 61.8 from high 0.677x). I expect NZD will retest the last bottom and even more break to make new low.
Good luck to all
Haynes
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NZDUSD - Which level prefer to sell?

Hello community,
The pair NZDUSD just temporary finished moving down from 0.774x to 0.662x. So I expect it's time for correction, then my question is which level prefer to sell? my chart show good level to sell again around 0.68 level (It's sma 100 in H4 chart)
Good luck to all
Haynes
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NZDJPY - clear bullish momentum in H4 chart

Hello community,
The crossed pair NZDJPY show clear bullish momentum in H4 chart and target should above 90 level, I think target will be at least 90.5. It's also Fibo 61.8 or 78.6 level (follow harmonic pattern)
Let's look at the chart:
Good luck to all
Haynes
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EURNZD - waiting for sell signal!

Hello community,
The H4 chart EURNZD shows this pair is going into down trend. So I waiting for sell signal in H4 and H1 chart to setup a short trade.
Good luck to everyone
Let's look at the chart:
Haynes
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Potential Long setup for the crossed pair NZDCAD

Hello community,
Woa! Boring day as market is less volatility. The crossed pair NZDCAD bounced back from 0.88 bottom and I fell it's trying to climb up, H4 chart shows this pair continue to hold at support 0.89. I saw a buy chance for this pair and target could be up to above 0.91. Look at the chart for detail:
Good luck to all
Haynes
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Note: BOC is going to holding the policy meeting this week!

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NZDJPY - Buy idea!

Hello community,
I saw a buy chance in H1 chart NZDJPY follow by my view about price action and target should be above 90 level. The previous support area 88~88.3 still hold, so I expect the pair bounce back above 90 level.
Good luck to all
Haynes
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