Bullish bounce?The Kiwi (NZD/USD) is falling towards the pivot and could bounce to the 127.2% Fibonacci resistance.
Pivot: 0.6036
1st Support: 0.6002
1st Resistance: 0.6093
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZD
NZDUSD Potential UpsidesHey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60000 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.600000 support and resistance area.
Trade safe, Joe.
NZDUSD to continue in the upward move?NZDUSD - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.6085 will confirm the bullish momentum.
The measured move target is 0.6125.
We look to Buy at 0.6050 (stop at 0.6025)
Our profit targets will be 0.6100 and 0.6125
Resistance: 0.6085 / 0.6100 / 0.6125
Support: 0.6060 / 0.6050 / 0.6025
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.
Falling towards major support level?NZD/USD is falling towards the support level which is an overlap support that aligns with the 78.6% Fibonacci projection and also slightly above the 127.2% Fibonacci extension and could bounce from this level to our take profit.
Entry: 0.5987
Why we like it:
There is an overlap support level that is slightly above the 127.2% Fibonacci extension and the also lines up with the 78.6% Fibonacci projection.
Stop loss: 0.5951
Why we like it:
There is a pullback support level.
Take profit: 0.6037
Why we like it:
There is a pullback resistance.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
! Audnzd Sell !audnzd is currently in a bearish trend on the Daily tf. its also trading inside of a Daily Supply zone. at the moment price is rejecting off a 30 and 15 poi levels. giving they are also in the Daily supply zone we have confluence added strength the Daily bearish bias. there are 4hr key levels underneath. im waiting to under for a close under the area where theres a 4hr and 15m key level close to each other.
Bearish drop?NZD/CHF has reacted off the pivot and could drop to the 1st support.
Pivot: 0.49574
1st Support: 0.49171
1st Resistance: 0.49801
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce?The Kiwi (NZD/USD) is falling towards the pivot which acts as an overlap support and could bounce to the 1st resistance.
Pivot: 0.5989
1st Support: 0.5939
1st Resistance: 0.6060
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Potential bearish drop off major resistance?NZD/USD has rejected off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 0.6061
Why we like it:
There is a pullback resistance level.
Stop loss: 0.6080
Why we like it:
There is a pullback resistance level.
Take profit: 0.6010
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
A Detailed Technical, Fundamental, and Macro AnalysisNZD/USD Trading Plan: A Detailed Technical, Fundamental, and Macro Analysis
1. Technical Analysis:
The 30-minute chart of NZD/USD highlights key price action within a well-defined channel between crucial support and resistance levels:
Resistance (0.60769): The price is testing significant resistance around 0.60769. If this level is broken, the price could continue higher, indicating further upward momentum.
Support (0.60271): A strong support level is found at 0.60271. If the price retraces and holds this level, a potential rebound could take place.
EMA (Exponential Moving Averages):
EMA 13 (Blue): Currently moving upwards, confirming a bullish short-term trend.
EMA 34 (Yellow) and EMA 89 (Red): These are trending sideways, suggesting that the market is in a consolidation phase, waiting for further signals.
2. Fundamental Analysis:
FED's Monetary Policy: The actions and statements of the Federal Reserve regarding interest rates have a significant impact on the USD. If the FED maintains or hikes rates, this could push the USD higher, putting downward pressure on NZD.
New Zealand Economic Indicators: The strength of New Zealand's economy, particularly export data, plays a vital role in supporting or weakening the NZD. Positive economic reports could support a bullish NZD.
3. Macroeconomic Analysis:
Global Risk Sentiment: Market sentiment is being influenced by global factors like trade tensions, economic growth projections, and political factors. A shift in risk sentiment, especially regarding the U.S. economy or geopolitical tensions, could lead to significant price movements in the NZD/USD pair.
4. Buy and Sell Zones:
BUY ZONE:
Entry: 0.60271 - 0.60300
SL (Stop Loss): 0.60200
TP (Take Profit): 0.60700 → 0.60769 → 0.60900
SELL ZONE:
Entry: 0.60750 - 0.60800
SL: 0.60900
TP: 0.60300 → 0.60200 → 0.60100
5. Strategy:
Buy Orders: If price consolidates at the support level of 0.60271 and shows confirmation with EMA indicators, consider a buy with a target at 0.60769.
Sell Orders: If price fails to break through the resistance at 0.60769, a sell order could be placed, targeting the 0.60271 support level.
6. Market Sentiment:
The market is highly sensitive to news and economic reports, and therefore, it is essential to remain alert to potential volatility. Any major economic release from New Zealand or U.S. Federal Reserve news could significantly influence the pair.
Falling towards overlap support?The Kiwi (NZD/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 0.5989
1st Support: 0.5939
1st Resistance: 0.6080
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZDUSD to continue in the upward move?NZDUSD - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.6050 will confirm the bullish momentum.
The measured move target is 0.6075.
We look to Buy at 0.6020 (stop at 0.5995)
Our profit targets will be 0.6070 and 0.6075
Resistance: 0.6050 / 0.6070 / 0.6075
Support: 0.6025 / 0.6020 / 0.6000
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.
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NZDJPY - One More Bullish Leg!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈NZDJPY has been overall bullish trading within the rising wedge marked in blue.
Moreover, the green zone is a strong support!
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #NZDJPY approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
gbpnzd sellprice is in a 1hr supply at the moment and trend is bearish on 1hr 4hr tf. price is visiting the 1hr zone for the first time on 15m tf. it will form a double top if it closes fueling sell momentum. since its been in a steady uptrend it may look to retrace if it wants to go up. im looking to enter once price trade below the leg of the swing entering the 1hr zone.
Bearish drop for Kiwi?The price is rising towards the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 0.6051
Why we like it:
There is a pullback resistance level.
Stop loss: 0.6078
Why we like it:
There is a pullback resistance level.
Take profit: 0.6007
Why we lik eit:
There is an overlap support level that aligns with the 78.6% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
GBP/NZD - Triangle Breakout (05.06.2025)The GBP/NZD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 2.2345
2nd Support – 2.2285
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZDUSD to find buyers around trend line support?NZDUSD - 24h expiry
Price action looks to be forming a bottom.
The primary trend remains bullish.
This is positive for sentiment and the uptrend has potential to return.
We look for a temporary move lower.
Further upside is expected although we prefer to buy into dips close to the 0.5975 level.
We look to Buy at 0.5975 (stop at 0.5940)
Our profit targets will be 0.6074 and 0.6220
Resistance: 0.6006 / 0.6080 / 0.6220
Support: 0.5955 / 0.5850 / 0.5775
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.
Potential bearish drop?NZD/USD is reacting off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 0.6011
Why we like it:
There is a pullback resistance level.
Stop loss: 0.6051
Why we like it:
There is a pullback resistance level.
Take profit: 0.5950
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
NZDCAD - Lucrative Range!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈NZDCAD has been hovering within a range between the red support and blue resistance.
This week, NZDCAD has been bearish and approaching the red support.
Moreover, it is retesting the lower bound of its rising wedge pattern in blue.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #NZDCAD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Waiting for a Short-Term Pullback Before the Next Bullish Leg? NZDUSD – Waiting for a Short-Term Pullback Before the Next Bullish Leg?
As global markets await the upcoming U.S. Non-Farm Payrolls (NFP) report later this week, NZDUSD is showing early signs of short-term weakness following a strong bullish rally from the 0.5905 low. While the broader structure remains bullish, a corrective move may be necessary to shake out weak hands and reload liquidity before a renewed surge.
🌐 Macro & Fundamental Outlook:
New Zealand: Recent economic releases from New Zealand have been lackluster, yet the RBNZ's hawkish policy stance (high interest rates) continues to support the Kiwi. However, pressure from China – New Zealand’s top trading partner – remains a drag.
United States: The U.S. Dollar remains under pressure due to rising expectations that the Fed will start cutting rates by Q3 2025, despite some hawkish tones from FOMC officials. This week’s NFP report will be a decisive factor.
Market Sentiment: After a ~150-pip rally, traders are beginning to take profits. The correction could offer a golden re-entry opportunity.
📊 Technical Analysis:
Trend Bias: The market structure is still in an uptrend, maintaining Higher Highs and Higher Lows.
Fibonacci Retracement: Price is currently pulling back toward the 0.5 – 0.618 Fibo zone (0.5992 – 0.5978), aligning with the H1 89 & 200 EMAs.
EMA Structure (13 – 34 – 89 – 200): Still bullish but currently signaling a short-term pullback.
🔑 Key Price Zones:
Resistance Levels: 0.6014 – 0.6052
Support Levels: 0.5973 – 0.5951 – 0.5932
🧭 Trade Plan
📌 Buy Setup (trend continuation):
BUY ZONE: 0.5951 – 0.5932
SL: 0.5900
TP: 0.5978 → 0.6014 → 0.6052
📌 Expecting a bullish bounce off the 61.8% Fibo + EMA 200 confluence ahead of NFP.
📌 Sell Setup (short-term countertrend scalp):
SELL ZONE: 0.6014 – 0.6025
SL: 0.6060
TP: 0.5978 → 0.5951
📌 Anticipating a reaction at a key resistance zone – ideal for intraday scalpers.
⚠️ Risk Management Notes:
Stay cautious ahead of high-impact U.S. data (ADP, Jobless Claims, NFP).
Favor buying the dip in line with the higher-timeframe trend.
Maintain discipline with tight SLs (30–35 pips max per setup).
NZDJPY to find sellers at previous resistance?NZDJPY - 24h expiry
Trading has been mixed and volatile. Price action looks to be forming a top. We look for a temporary move higher. Preferred trade is to sell into rallies. Bespoke resistance is located at 86.50.
We look to Sell at 86.50 (stop at 86.75)
Our profit targets will be 85.50 and 85.25
Resistance: 86.30 / 86.70 / 87.00
Support: 85.50 / 85.20 / 84.80
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.