New Zealand Dollar vs US Dollar Elliott Wave Signal #18
Posted by: Elliott Wave in Elliott Wave Signal NZD-USD, tags: elliott-wave, forex-signal, New-Zealand-DollarElliott Wave Signal Currency Pair = NZD/USD.
Trade Time Frame = Daily for Short Term Trades
NZD/USD Signal = Pending Buy Stop at 0.8000 ( Continue from previous NZD/USD Elliott Wave Signal) and Limit Buy at 0.8030-0.8050 area . Pending Sell Stop at 0.7930 area.
Buy Target = 0.8100 for first and 0.8190-0.8220 for second and 0.8330-0.8350 for last. Target for Sell Signal = 0.7840 for first, 0.7790 for second and 0.7730 for last.
Stop Loss for Buy Signal = 0.7960 area and Stop for Sell = 0.8020.
Risk Reward Ratio = 1.73 ( High Risk) for Buy and 0.81 (High Risk) for Sell.
Additional Strategy = With previous NZD/USD position still open we decided to continue with previous signal and update with another Buy Signal and added one Sell Signal. We target Todaysor tomorrow high will be the end of our wave iii so expect a minor retracement towards our Buy Limit area. We will update on next signal.
Latest Illustrated NZD/USD Elliott wave chart analysis:-

Latest Elliott Wave Signal Update Progress :-
AUD/USD Elliott Wave signal - Buy Stop at 0.9090.
Exit / Stop Loss = 0.9015 area for Buy Signal.
Target profit for buy at 0.9150 1st, 0.9230 2nd and 0.9350 last.
Position= Market has climb towards our second target for a profit of +140 pips.
Additional Strategy = You may follow our advice to take current profit. If you want to wait until the last target, make sure you has locked profit on your open position.
Latest EUR/USD Elliott Wave Signal = Pending Sell Limit at 1.4830 area and Buy Stop at 1.4850 area.
Stop Loss for Sell Signal = 1.4900 and Stop Loss for Buy Signal = 1.4780.
Target for sell = 1.4760 for first, 1.4630 for second and 1.4510 for last. Target for Buy Signal = 1.4910 for 1st, 1.4970 for second and 1.5070 for third and 1.5200 for last.
Position = Our Sell position has been dragged up to 1.4870 area for - 40 pips, and our Buy position also been hit and now floating with + 20 pips.
Additional Strategy = With such current market reaction we take the -40 pips loss and lets the Buy Position run. Sell signal still valid so you can hold pending sell order for possible bearish.
Latest GBP/USD Elliott Wave signal - GBP/USD Signal = Buy Stop at 1.9760-1.9780 area and Sell Stop at 1.9330 area.
Stop Loss at 1.9350 area for Buy signal and 1.9550 area for Sell signal.
Buy Signal Target Profit = 1.9960-2.0020 for first, 2.0160 for second and 2.0290 area for last. Sell Target = 1.9270 for first, 1.9195 for second and 1.9050 for last.
Position= Hold current pending signal for long term trader.
Additional Strategy = Wait till next update.
Latest NZD/USD Elliott Wave signal - Pending Buy Stop at 0.8000 and Sell Stop at 0.7760
Buy Stop Loss = 0.7860 and Sell Stop Loss = 0.7800
Buy Target = 0.8100 for first and 0.8210 for second and 0.8330 for last.
Sell target = 0.7650 for first and 0.7580 for last.
Position= Market has reached our first target for a profit of +100 pips. If you want to wait for next target make sure you secure your position that are now floating with + 120 pips .
Additional Strategy = If you want to hold any open position, we suggest to move stop above entry for secure profit. Else wait for our next NZD/USD forex signal.
Latest USD/CAD Elliott Wave signal - Buy Stop at 1.0400 area and Sell limit at 1.0320 area.
Stop for Buy Signal = 1.0270 area and Stop for sell = 1.0400 area.
Calculated Trade Risk Level = 8.33+ for Buy Signal (Medium term) and 1.17+ (High Risk) for Sell Signal.
Target for Buy Signal= 1.0520 area for first, 1.0630 area for second and 1.0700 area for last. Target for Sell Signal = 1.0270 area for first, 1.2020 for second and 1.0170 area for last.
Position = This is a Long Term Signal so it may takes time for our signal being triggered and if the signal not being taken we will update with the new one on the next USD/CAD Elliott wave signal.
Latest USD/CHF Elliott Wave signal :-
Elliott Wave Signal for USD/CHF = Pending Sell Stop between 1.0920 - 1.0940 area and Buy Stop at 1.1070 area.
Stop loss = 1.1010 area for Sell Signal and Below 1.0990 area for Buy Signal.
Target point = 1.0860 for first , 1.0750 for second and 1.0680 for final for Sell Signal. Buy target = 1.1120
Position = Our buy position has been stopped out for a loss of -80 pips. Our first Sell position has been stopped out with - 70 pips loss. But Market going bearish again to take the sell signal for the second time, this time market has move to a new low at 1.0835 area. Last market price was at 1.0850 area for a floating profit of 90 pips+.
Additional Strategy = You can take current profit or wait next update for our trading strategy.
Latest USD/JPY Elliott Wave signal - Signal = Sell at market price at 107.80 area and Buy Stop at 108.80 area
Stop Loss = Above 108.70 area for Sell signal and below 108.10 area for buy signal.
Target for sell signal = 107.20 for first, 106.80 for second and 105.80 for last. As for Buy Target = 109.30 for first, 109.70-110.00 for second and 110.70 for last.
Position= Market has move to our second target at 106.80 for a profit of + 100 pips.
Additional Strategy : Take current profit or wait till next signal update. Market still on our trend path and we will closely monitor on the next critical level. If market able to break that level we may expand our target up to end of wave cycle.
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