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Kiwidollar

Joe Gun2Head Trade - Range trade on NZDUSDTrade Idea: Selling NZDUSD Reasoning: Small range on the daily. Entry Level: 0.6372 Take Profit Level: 0.6200 Stop Loss: 0.6430 Risk/Reward: 3.03:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
NZDUSD buying opportunity | 16 December 2022On the H4 timeframe, NZDUSD is ascending within a bullish channel. On 13 December, price spiked upon the release of softer than anticipated US CPI data, and came to test the 0.64550 where significant indecision can be seen between buyers and sellers from the ranging price action. Sellers eventually won out on the back of fundamental fuel on 15 December when a 50 bps Fed rate hike and hawkish FOMC statements caused NZDUSD to decline until the 0.63280 support level. This represents our entry point, where we forecast a bullish reversal back to the 0.64550 level which is also our take profit level. A break below to the next support level at 0.62650 represents our stop loss. Stochastics have dipped below the 20th percentile while price exceeded the lower bound of the Bollinger Bands, indicating that current prices are experiencing oversold conditions and supporting our bullish bias. If price comes to test the 0.64550 resistance level again as we predict, investors should pay close attention to the Core PCE Price Index due to be released on 23 December, which may give price the bullish fuel to break above or keep it firmly under the resistance level.
Long
by T3-Consultancy
NZDUSD - Bullish ChannelNZDUSD - Intraday - We look to Buy at 0.6300 (stop at 0.6225) Previous support located at 0.6300. Previous resistance located at 0.6400. There is no clear indication that the upward move is coming to an end. Risk/Reward would be poor to call a buy from current levels. A move through 0.6350 will confirm the bullish momentum. Our profit targets will be 0.6450 and 0.6500 Resistance: 0.6400 / 0.6450 / 0.6500 Support: 0.6300 / 0.6250 / 0.6225 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
NZDUSD Targeting A Test of 0.6300Technical & Trade View NZDUSD Trade View Bias: Bullish Above Bearish below .6050 Technicals Primary support is .6050 Primary upside objective .6300 Next pattern confirmation, acceptance above .6210 Failure below .6030 opens a test of .5950 20 Day VWAP bullish, 5 Day VWAP bullish Institutional Insights Analysts at Credit Agricole note ‘The RBNZ’s aggressive tightening cycle will see NZ lead the rest of the G10 into an economic slowdown, and falling dairy prices on the back of a weak China economy are seeing the NZD underperform. The re-opening of the international border will be a positive for the coming 3M. Soft economic landings locally and internationally will improve the NZD’s prospects over the coming 6-12M’
by Tickmill
Meanwhile In New Zealand PT2NZD/USD retreats from a nearly two-week high set earlier this Thursday amid fresh USD buying. Bets for more aggressive Fed rate hikes and elevated US bond yields continue to boost the buck. Recession fears weigh on investors’ sentiment and also exert pressure on the risk-sensitive kiwi. The NZD/USD pair struggles to find acceptance above the 0.5800 mark for the second successive day and retreats sharply from a nearly two-week high touched earlier this Thursday. The steady intraday slide extends through the mid-European session and drags spot prices to a fresh daily low, with bears eyeing a sustained break below the 0.5700 round figure. A combination of factors helps revive the US dollar demand, which, in turn, is exerting some downward pressure on the NZD/USD pair. Investors seem convinced that the Fed will stick to its aggressive policy tightening path to tame inflation and have been pricing in another supersized 75 bps rate increase in November. The bets were reaffirmed by the recent hawkish comments by several Fed officials, which remain supportive of elevated US Treasury bond yields and continue to act as a tailwind for the USD.
Short
by xavierNF
2
Joe Gun2Head Trade - Higher prices on NZDUSD?Trade Idea: Buying NZDUSD Reasoning: Looking for higher prices in the short term. Entry Level: 0.5682 Take Profit Level: 0.5805 Stop Loss: 0.5644 Risk/Reward: 3.24:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Long
by Signal_Centre
1
KIWI ON SALE!Like I previously mentioned in my other published idea title BOLD GOLD, because of the hawkish fed and raising inflation The USD is stronger than most if not all G7 currencies. As a result commodities & commodity currencies across the board is selling off such as the NZD & AUD, they may be the weakest currencies crossed w the USD. Last week I sold this pair at 0.61875 and took profit at 0.59986 a -3.05% move (-189 pips).This week I reopened a sell position w some of the profits from the trade I closed out last week at 0.60697 and at the present moment market is down -1.24% (-75 pips). My current take profit is 0.58793 ( -190 pips) but the market can definitely pull lower if the USD strength persist as I suspect it will, at least until the next rate decision on the 22nd of this month. If or when NZDUSD breaks & close below the 4 month trend line found on the D1 I can definitely see this pair heading towards 0.57000 a -4.8% (-287 pips) move from market current price. Lastly, in less than 1 hour the USD PPI YOY & PPI ex Food & Energy numbers will be released , the consensus is 8.8% & 7.1% respectively, a surprise higher than a expected number could fuel another USD rally, a lower than expected number can cause a temporary retest. Let me know your thoughts in the comments.
Short
by xavierNF
4
Dollar reigns supremeNZDUSD - Intraday - We look to Sell at 0.6100 (stop at 0.6150) Previous support located at 0.6000. Previous resistance located at 0.6050. There is no clear indication that the downward move is coming to an end. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be 0.5975 and 0.5950 Resistance: 0.6050 / 0.6100 / 0.6150 Support: 0.6000 / 0.5975 / 0.5950 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
1
NZDUSD setting up nicely for a short the week of 22 AugIt does not matter what time frame you look at, this pair is obviously bearish. Last week it blew past the major support at 0.6210. I am expecting a pullback to this recently broken level (zone) and a resumption of the trend. If this happens, I will go short and target the next major level at 0.5920. The minor support at 0.6100 will come into play, but IMO price will overcome it. Even with a generous stop, we could be looking at a 4.5R trade. Always use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content. What do you think about this trade idea? Please comment and support!!
Short
by Trading_Vista
2
Selling rallies on NZDUSDNZDUSD - Intraday - We look to Sell at 0.6250 (stop at 0.6300) Previous support located at 0.6200. Previous resistance located at 0.6250. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 0.6250, resulting in improved risk/reward. A move through 0.6200 will confirm the bearish momentum. Our profit targets will be 0.6150 and 0.6125 Resistance: 0.6250 / 0.6300 / 0.6325 Support: 0.6200 / 0.6150 / 0.6125 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
1
NZDUSD selloff is showing no sign of endingNZDUSD - Intraday - We look to Sell at 0.6325 (stop at 0.6375) Previous support located at 0.6250. Previous resistance located at 0.6300. There is no indication that the selloff is coming to an end. Risk/Reward would be poor to call a sell from current levels. A move through 0.6250 will confirm the bearish momentum. Our profit targets will be 0.6225 and 0.6200 Resistance: 0.6300 / 0.6325 / 0.6350 Support: 0.6250 / 0.6225 / 0.6200 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
1
NZDUSDHere we can identify the head and shoulders pattern (bearish pattern) has fully formed and the neckline has now broken out with an impulse to the downside creating a new lower low. A valid exhaustion will create the short zone. As always never get FOMO and try to catch a trade whilst price is on the push phase. Trying to catch a price whilst on the push phase typically leaves the trader with a larger stop loss size, smaller risk to reward and a higher probability of getting stopped out prematurely.
Short
by THE_GOLDEN_SUITE
NZD/USD technical analysis: 200-day moving average next?There have been some interesting technical developments in the NZD/USD daily chart recently. The price action this week effectively broke above the 50-day moving average’s dynamic resistance at 0.627, with the Kiwi dollar extending to 0.645. The NZD/USD pair hasn’t traded above 50-dma since early April. The Reserve Bank of New Zealand will meet next Wednesday, with the market pricing in a fourth consecutive 50-basis-point hike, with the official cash rate expected to rise to 3%. As a result, New Zealand has the highest interest rates among major countries, giving the Kiwi dollar a relative advantage vis-à-vis peers. The MACD, which has decisively broken above the zero line, and the 14-day Relative Strength Index, which is approaching overbought conditions, provide additional evidence of positive momentum. The last time the RSI was this high was on March 23. The next area of resistance is at the level of 0.658 (June high). A break through this barrier would pave the way for an assault on the 200-day moving average at 0.663, where we could see some profit-taking behaviour emerge, given the 10% rally from July's lows.
by Capitalcom
Dollar set to weaken versus NZD?NZDUSD - Intraday - We look to Buy at 0.6250 (stop at 0.6190) Previous support located at 0.6250. Previous resistance located at 0.6300. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 0.6375 and 0.6400 Resistance: 0.6300 / 0.6350 / 0.6375 Support: 0.6250 / 0.6225 / 0.6200 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Long
by OANDA