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NZD (New Zealand Dollar)

GBPNZD H2 XABCD advanced buy/hold trade setup🔸Hello traders, let's review the 2 hour chart for GBPNZD. Speculative XABCD in progress, with PRZ/D set at 2.1100, so expecting more losses in GBPNZD before reversal from PRZ/D 🔸XABCD structure is defined by point X at 1155, point A at 1330, point B at 1200, point C at 1360, point D/PRZ at 1100, currently most points validated, point D/PRZ still pending, so traders should wait until we hit D before buying. 🔸Recommended strategy for GBPNZD traders: wait for pullback/correction to complete at point D near 1100, buy/hold, SL 80 pips, TP1 +175 pips TP2 +250 pips. BUY/HOLD at point D/PRZ at 1100. swing trade setup. good luck! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Long
by ProjectSyndicate
10
GBPNZD Will Go Higher From Support! Long! Please, check our technical outlook for GBPNZD. Time Frame: 30m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 2.138. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2.142 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
Pullback resistance ahead?NZD/USD is rising towards the resistance level which is a pullback resistance that aligns with the 23.6% Fibonacci retracement and could drop from this level to our take profit. Entry: 0.6127 Why we like it: There is a pullback resistance level that aligns with the 23.6% Fibonacci retracement. Stop loss: 0.6172 Why we like it: There is a pullback resistance level that lines up with the 38.2% Fibonacci retracement. Take profit: 0.6053 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.
Short
by VantageMarkets
NZD/USD Sellers Will Push for a Major Breakdown !The NZD/USD pair shows signs of potential bearish continuation after a recent pullback from the 0.61179 level. This zone acted as a resistance point where buyers temporarily pushed the price upward but failed to maintain the momentum. The price is now stalling just below 0.61094, indicating that bearish pressure is starting to outweigh buying interest. If this level holds as a resistance, the pair could break below the key support at 0.61006, triggering a larger move downwards. The projected bearish path suggests that once the support is broken, the next target would be 0.60861, followed by a further move towards 0.60543, a strong area of support from previous price action. This setup favors sellers in the short-to-medium term, especially if a clear rejection from current levels is confirmed. Traders should watch for a confirmed break below 0.61006 to initiate short positions, while a sustained move above 0.61179 would invalidate the bearish bias and open room for upside gains.
Short
by TopGBanks
RBNZ implements jumbo cut; Kiwi dollar plummeted Following the Fed's lead, the RBNZ also took a big step. The RBNZ took the jumbo step of cutting its benchmark interest rate by 50bps, bringing it down from 5.25% to 4.75%. RBNZ stated that New Zealand's economy is now in excess capacity, and low import prices fuel deflation. They insisted that the committee unanimously confirmed that domestic economic activity is decelerating, as business investment and consumer spending are weakening, and employment conditions are persistently deteriorating. As hopes for the Fed’s additional rate cut diminish, the US dollar is on the rise, while the Kiwi dollar has dropped briefly to 0.6050, matching its lowest since 18th August. NZDUSD advanced to 0.6095 after breaching the ascending channel’s upper bound. If NZDUSD breaches the resistance at 0.6110, the price could gain upward momentum toward 0.6175. Conversely, if NZDUSD fails to hold above the channel’s upper bound and breaks below the support at 0.6050, the price could fall further to 0.5960.
by inkicho_exness
Bearish drop?NZD/USD is rising towards the resistance level which is a pullback resistance that aligns with the 23.6% Fibonacci retracement and could drop from this level to our take profit. Entry: 0.6127 Why we like it: There is a pullback resistance level that aligns with the 23.6% Fibonacci retracement. Stop loss: 0.6172 Why we like it: There is an overlap resistance level that lines up with the 38.2% Fibonacci retracement. Take profit: 0.6053 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.
Short
by VantageMarkets
1
Overlap resistance ahead?NZD/CAD is rising towards the resistance level which is an overlap resistance that is slightly above the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.84210 Why we like it: There is an overlap resistance level that is slightly above the 38.2% Fibonacci retracement. Stop loss: 0.84707 Why we like it: There is a pullback resistance level. Take profit: 0.83229 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.
Short
by VantageMarkets
The Kiwi has a strong bearish momentum, could it fall further?The price is rising towards the pivot which acts as a pullback resistance and could fall to the the 1st support level which is a pullback support. Pivot: 0.6127 1st Support: 0.6051 1st Resistance: 0.6174 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.
Short
by ICmarkets
3
NZDCAD Will Go Lower From Resistance! Sell! Please, check our technical outlook for NZDCAD. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.835. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.828 level soon. 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. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
NZD/CAD H4 | Pullback resistance at 23.6% Fibonacci retracementNZD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8374 which is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 0.8420 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance. Take profit is at 0.8295 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
1
Bullish momentum to extend?AUD/NZD is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 1.10464 1st Support: 1.09890 1st Resistance: 1.11379 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.
Long
by ICmarkets
2
Bearish drop?NZD/CHF is rising towards the pivot which is an overlap resistance and could drop to the 1st support which acts as a pullback support. Pivot: 0.52213 1st Support: 0.51741 1st Resistance: 0.52620 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.
Short
by ICmarkets
1