Tag: nzdusd

2 Signals – short term and swing trades

Written by Raul Lopez. Posted in Trades & Analysis.

Trade Entry

Hey traders, how is it going?

How is your trading week so far?

There is only one day to go, so we need to open a few trades here an there to take advantage of the market.

I have a few possibilities for you, let me know what you think alright?

GBPCAD Long Signal

The GBPCAD is one of the currency pairs that move the most, so when ever you get a signal in the GBPCAD, make sure to take it.

Sometimes you’ll need to use large SL orders, but the risk is well worth it, because it moves pretty fast…

The GBPCAD is trading in a very clear bullish condition, so we should be looking for long opportunities.

Here is what the GBPCAD short term charts looks like:

forex, GBPCAD, nzdusd, signal

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Here is your present…

Written by Raul Lopez. Posted in Trades & Analysis.

present,

As promised, here is the analysis of the currency pairs I’m currently looking for trade opportunities.

Disclaimer: These are just the pairs that I’m going to trade (looking for trades), this should not be taken as trade recommendations. If you don’t agree with this, please stop reading now and close this window.

This is how I analyze the market

First I analyze the long term charts and look for the currency pairs that have the clearest market condition (clear swings and S&R levels).

Once I have a clear market condition, I look for my entries on the short term charts.

AUDCAD, CADJPY, forex, GBPJPY, nzdusd

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The best trade opportunities for the rest of the week

Written by Raul Lopez. Posted in Trades & Analysis.

candlesticks

Hey traders, how is your trading going so far this week?

I’ve got to admit that the market has been difficult to trade in the last couple of weeks… mostly because most of the currency pairs have been trading in a very tight range.

And not in a well defined range (those that are easy to trade) but in a range without clear S&R level, no clear swings, etc.

That’s the reason I’ve been very cautious about the market, and havent placed too many trades in the last few weeks.

Plus, the out-of-date NFP report released yesterday, the “invisible” announcement that hit the market a few hours ago (did you know what happened there by the way?)…

Ufff…

It’s funny though… because some of the currency pairs that I wasnt watching at the beginning of the week are the ones where I’m currently looking for trade opportunities…

AUDCHF, EURUSD, forex analysis, nzdusd

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Slow week, but good opportunities for the next one

Written by Raul Lopez. Posted in Trades & Analysis.

Slow market

Hey traders, how did you do this week?

It was pretty slow wasnt it?

At least, that’s what I thought.

But that’s not a bad thing… maybe that’s the calm before the storm?

There might be a plenty of fundamental reasons of why the market behaved like that, but I got a technical reason, and I think it’s pretty strong one.

You see, every time the market trades around an important long term level, there is a fierce battle between buyers and sellers.

EURUSD, nzdusd, slow market

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NZDUSD: Bullish market condition, looking for long opportunities

Written by Raul Lopez. Posted in Trades & Analysis.

The NZDUSD has been trading in a short term range in the last few days, but apparently it is out of that range already triggering a bullish market condition:

NZDUSD
NZDUSD

At least the short term resistance has been broken and therefore I am going to be looking for long opportunities until the market reaches the next LT resistance level.

My Plan:

As long as the NZDUSD keeps trading above 0.7093 I will be looking for long opportunities

All short opportunities will be ignored

Trade Safe!
Raul Lopez

Forex majors, nzdusd, NZDUSD Analysis

NZDUSD: Still on Bearish market condition

Written by Raul Lopez. Posted in Trades & Analysis.

Even though today we must be careful because of the FED’s Interest Rate announcement, the NZDUSD is still in a bearish market condition, and it will continue to be bearish as long as the market continues to trade below 0.7225:

NZDUSD
NZDUSD

Here is my plan:

As long as the NZDUSD continues to trade below the 0.7225 ST resistance level, I will be looking for short trade opportunities. My next LT support level is at 0.7086

All long opportunities will be ignored.

Trade Safe!

Raul Lopez

Forex majors, new zealand dollar, nzdusd, NZDUSD Analysis

NZDUSD: Long, and looking for more long opportunities

Written by Raul Lopez. Posted in Trades & Analysis.

After a long weekend (not because of the labor day in the US and Canada, but because last Fridays NFP announcement) I think the NZDUSD represent one of the best trading opportunities this week, earlier during the Asian sessions the market broke an important resistance long term level. What is more interesting is that the next long term resistance level is around 0.7152, more than 200 pips where the market is trading right now. Please take a look at the next chart:

My Trading Plan:

As long as the NZDUSD keeps trading above the long term support level, I will be looking for long opportunities. All take profit orders will be placed below the next long term resistance level at 0.7152

All short signals will be ignored

Good luck

Raul Lopez

new zealand dollar, nzdusd, NZDUSD Analysis

NZDUSD: Looking for short opportunities

Written by Raul Lopez. Posted in Trades & Analysis.

Since last Friday, the NZDUSD has been trading in a bearish market condition (was rejected from its main long term resistance level at 0.6884). Today, during the Asian and European session the market headed south, but it still has room to continue its way down. Please take a look at the next chart:

It’ll probably continue its way down until it reaches the next long term support level around 0.6540.

My Trading Plan:

Look for short trading opportunities, I will place all take profit orders above the next long term support level.

Good luck!

Raul Lopez

new zealand dollar, nzdusd, NZDUSD Analysis

NZDUSD: Short term analysis, possible shorts

Written by Raul Lopez. Posted in Trades & Analysis.

A few days back I wrote about the New Zealand Dollar, I was waiting for the market to break either side of the short term trading range, and that it would define the market condition and the direction to trade. Well, the NZDUSD broke the main short term support level, creating a bearish market condition. Please take a look at the next chart.

NZDUSD
NZDUSD

The short term range I’m talking about is between those two green lines. It broke the one in the bottom, so, right now we are looking for short trading opportunities in this currency pair.

Here is my trading plan:

As long as the market keeps trading below 0.6536, I will be looking for short trading opportunities targeting 0.6242.

All long opportunities are out of play.

Good luck.

Raul Lopez

nzdusd, NZDUSD Analysis

NZDUSD: Waiting for breakout

Written by Raul Lopez. Posted in Trades & Analysis.

Last week I wrote about a possible breakout happening in the NZDUSD, it did brake, however it kept ranging in a pretty tight range, a short term range in between 0.6529 and 0.6621. Please take a look at the next chart.

NZDUSD
NZDUSD

After 6 trading days in that range, now its about time we see some action, and we need to be prepared for that.

Here is my trading plan:

If the market breaks 0.6621 for the upside, I will be looking for long opportunities targeting the next LT resistance level around 0.6913.

If the market breaks 0.6529 for the downside, I will be looking for short opportunities targeting the next LT support level around 0.6242

If the market keeps trading in that little range, I will do nothing.

Good luck

Raul Lopez

new zealand dollar, nzdusd, NZDUSD Analysis

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