NZDUSD: High CPI and Potential DownsidesHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.56400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.56400 support and resistance area.
Trade safe, Joe.
NZD (New Zealand Dollar)
NZDUSD preparing massive rebound on the 5-year Support Zone.The NZDUSD pair rebounded last week exactly at the top of the 5-year Support Zone. This is the 3rd time in total and first since October 10 2022.
As you can see, both previous times that this Support Zone was touched, the price reacted with an immediate rebound and skyrocketed to the long-term Resistance Zone (0.65150 - 0.65850). Also on both those bottoms, the 1W RSI broke below the 30.00 oversold barrier and rebounded.
This time, we have the 1W MA200 (orange trend-line) to consider as the first long-term Resistance, so our Target is just below a potential extension of it at 0.6200.
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NZDCAD: Great Trading Opportunity
NZDCAD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long NZDCAD
Entry Point - 0.8062
Stop Loss - 0.8020
Take Profit - 0.8142
Our Risk - 1%
Start protection of your profits from lower levels
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GBP_NZD LOCAL BULLISH REBOUND|LONG|
✅GBP_NZD made a strong
Move up from the rising
Support just as we predicted
Then broke a local key level
Of 2.1940 which is now a
Support so we are bullish biased
And after the retest of the new
Support we will be expecting a
Local bullish rebound
LONG🚀
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Potential bullish rise?EUR/NZD is reacting off the pivot which acts as a pullback resistance and could rise to the 1st resistance which has been identified as a pullback resistance.
Pivot: 1.8293
1st Support: 1.8211
1st Resistance: 1.8437
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 rise?NZD/JPY is reacting off the pivot and could rise to the 1st resistance.
Pivot: 86.16
1st Support: 85.24
1st Resistance: 87.19
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.
NZDCHF Will Fall! Sell!
Please, check our technical outlook for NZDCHF.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.515.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.507 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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GBP/NZD: Bearish Outlook Confirmed by Head and ShouldersThe GBP/NZD exchange rate at NZ$2.1922 reflects a persistent downtrend, confirming recent weakness in the British Pound against major counterparts. The formation of a head and shoulders pattern on the daily chart suggests further downside risk, with the pair testing key support levels. Market fluctuations between NZ$2.1754 and NZ$2.22 highlight ongoing volatility driven by external economic factors, including U.S. tariffs and mixed macroeconomic data from both the UK and New Zealand. The Pound remains under pressure due to inflation concerns and lackluster GDP growth, while the NZD struggles to capitalize on the Pound’s weakness amid subdued domestic data. The technical setup and broader macroeconomic landscape signal a potential continuation of bearish momentum for GBP/NZD.
Bearish drop?EUR/NZD is rising towards the pivot which is a pullback resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 1.8362
1st Support: 1.8199
1st Resistance: 1.8448
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.
Bearish drop?NZD/JPY has rejected off the pivot and could drop to the 1st support that lines up with the 78.6% Fibonacci projection.
Pivot: 86.20
1st Support: 84.67
1st Resistance: 87.19
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 see a temporary move lower?NZDUSD - 24h expiry
A lower correction is expected.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.5650 will confirm the bullish momentum.
The measured move target is 0.5700.
We look to Buy at 0.5625 (stop at 0.5605)
Our profit targets will be 0.5675 and 0.5700
Resistance: 0.5650 / 0.5675 / 0.5700
Support: 0.5625 / 0.5610 / 0.5600
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.
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Potential bullish rise?EUR/NZD has bounced off the support level which is a pullback support and could rise from this level to our take profit.
Entry: 1.8233
Why we like it:
There is a pullback support level.
Stop loss: 1.8143
Why we like it:
There is a pullback support level.
Take profit: 1.8356
Why we like it:
There is a pullback resistance that lines up with the 50% Fibonacci retracement.
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Bearish drop?NZD/JPY has reacted off the resistance level which is an overlap resistance that lines up with the 38.2% Fibonacci retracement ad could drop from this level to our take profit.
Entry: 86.12
Why we like it:
There is an overlap resistance that lines up with the 38.2% Fibonacci retracement.
Stop loss: 86.75
Why we like it:
There is a pullback resistance that is slightly above the 38.2% Fibonacci retracement.
Take profit: 84.88
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.
NZDCHF Buyers In Panic! SELL!
My dear subscribers,
NZDCHF looks like it will make a good move, and here are the details:
The market is trading on 0.5147 pivot level.
Bias - Bearish
My Stop Loss - 0.5159
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.5123
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
GPB/NZD "Pound vs kiwi" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GPB/NZD "Pound vs kiwi" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Be wealthy and safe trade.💪🏆🎉
Entry 📈 : "The heist is on! Wait for the breakout (2.20800) then make your move - Bullish profits await!"
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest low or high level.
Goal 🎯: 2.25000 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
The GBP/NZD pair is currently exhibiting a bullish trend, driven by a combination of fundamental, macroeconomic, and sentimental factors.
🔱Fundamental Analysis:
The British Pound has been gaining strength due to the UK's robust economic indicators, while the New Zealand Dollar has been under pressure due to the country's trade balance and inflation concerns
🔱Macroeconomic Overview:
The Bank of England's (BoE) monetary policy decisions and the UK's economic growth are expected to support the British Pound. In contrast, the Reserve Bank of New Zealand's (RBNZ) interest rate decisions and New Zealand's economic growth may impact the New Zealand Dollar
🔱COT (Commitment of Traders) Report:
The latest COT report shows that speculative traders are bearish on the New Zealand Dollar, with a significant increase in short positions, suggesting a potential rise in the GBP/NZD pair
🔱Sentimental Outlook:
Market sentiment for the GBP/NZD pair is currently bullish, with 60% of traders expecting the pair to rise. The pair's technical levels, such as the 50-day and 200-day moving averages, are also indicating a bullish trend
🔱Positioning:
Institutional traders are positioning themselves for a potential rise in the GBP/NZD pair, with some expecting a target of 2.25000. Retail traders are also bullish on the pair, with many expecting a continuation of the uptrend
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤗
NZDCHF - Trend-Following TA signals short!NZDCHF overall bearish, looking for trend-following shorts on lower timeframes.
📚 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.
NZD/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
NZD/JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 89.129 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the NZD/JPY pair.
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GBP-NZD Will Grow! Buy!
Hello,Traders!
GBP-NZD is trading in a
Strong uptrend but is
Making a bearish correction
However, a strong long-term
Rising support is ahead
From where we will be
Expecting a local
Bullish rebound
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
GBPNZD Massive Long! BUY!
My dear followers,
I analysed this chart on GBPNZD and concluded the following:
The market is trading on 2.1887 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.2015
Safe Stop Loss - 2.1821
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
NZDCHF Set To Fall! SELL!
My dear subscribers,
NZDCHF looks like it will make a good move, and here are the details:
The market is trading on 0.5148 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.5117
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK