Happy Corner: Kiwi (NZD) pairs

[digitalgypsy]

Attachment 33248

If you’ve been watching the comdolls as close as I have, then you should know that NZD/USD has been on a 150-pip range since early September. With Stochastic nearly in the oversold region though, the Kiwi bulls may soon target the .8350 range resistance. What do you think?

I've especially been watching this pair as well. I think .8350 is very possible. I'm actually looking for a reason to get long the Kiwi :-) Price is sitting on support (.8270ish) and looks pretty strong...

[no9to5]

I have been watching this pair too, and going long as at .82109. I almost jumped in when it reached .82 then dropped just a little bit lower to .818 waited for a solid bounce wich in my opinion happened and jumped in long so lets see how this goes. GL if your riding this too and hope we catch some pips.

[buster48]

carefull guys NZ is still getting dragged down by the ozzie and may have a way to go yet

[Strongpiphand]

I've been watching this too and I'm agreeing with no9to5 on this. I'm going in ....

[buster48]

I may be wrong but this looks like the sell off phase just before it takes a dive.

[happypip]

Don't look now but there's a bullish divergence right at the bottom of NZD/USD's 4-hour range! The pair bounced a couple of times off the .8200 major psychological area and it seems that this level won't give way. If it keeps rallying, it has a good 100 pips to go until the top of the range around .8330.

[happypip]

What do you get when you combine a range and an oscillator? Easy trade setups, of course! NZD/USD has been happily bouncing along a 60-pip range on the 1-hour chart and this time it looks like there’s room for an upside move. Will stochastic skip the oversold region and take the Kiwi on a ride to top of the range?

[Kasravi]

The pair has very good chances to rally for a decent gain this week.

cheers

[happypip]

Looks like the Kiwi's downtrend is still very much intact! On NZD/USD's 4-hour chart, the falling channel connecting the highs and lows of the pair is still holding as the pair appears poised to test the bottom once more. However, stochastic is currently making its way out of the oversold territory, suggesting that a Kiwi rally might be in the cards.

[omniwired]

Looks like the Kiwi's downtrend is still very much intact! On NZD/USD's 4-hour chart, the falling channel connecting the highs and lows of the pair is still holding as the pair appears poised to test the bottom once more. However, stochastic is currently making its way out of the oversold territory, suggesting that a Kiwi rally might be in the cards.

I hope the down trend continues because after the interest rating announcement it rallied like crazy up and keep going up

(first post)