Get started

NZD-USD

NZDUSD Potential for Bearish Drop intermediate supportLooking at the H4 chart, my overall bias for NZDUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 0.63640, where the overlap resistance. Stop loss will be at 0.65199, where the recent swing high is. Take profit will be at 0.60053, where is the intermediate support. 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
NZDUSD Potential for Bearish Drop to recent swing low Looking at the H4 chart, my overall bias for NZDUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 0.63587, where the overlap resistance and 50% Fibonacci line are. Stop loss will be at 0.65333, where the recent swing high is. Take profit will be at 0.68660, where the overlap support is. 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
NZDUSD Potential for Bearish Drop to intermediate supportLooking at the H4 chart, my overall bias for NZDUSD is bearish due to the current price being below the Ichimoku cloud, Looking for a sell entry at 0.61966 where the overlap support and the recent swing low. We are looking to take profit at 0.60183, where the intermediate support is and 50% Fibonacci line. Stop loss will be placed at 0.62839, where the 23.6% Fibonacci retracement is. 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
NZDUSD Potential to Recent Swing High Looking at the H4 chart, my overall bias for NZDUSD is slightly bullish, there is an ascending trendline. Expecting the price to fluctuate within the trendline and 1st resistance at 0.65158, before heading toward the 2nd resistance level at 0.65576, the previous swing high. looking for buy entry at 0.64725, take profit at 0.65374 and stop loss at 0.65374. 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.
Long
by VantageMarkets
NZDUSD potential to previous swing highLooking at the H4 chart, my overall bias for NZDUSD is bullish. The current price is above the Ichimoku cloud, and the ascending trendline adds confluence to my bias. Expect the price to break through the 1st resistance zone at 0.65130 before heading toward the 2nd resistance level at 0.65576, the previous swing high. looking for buy entry at 0.65155, take profit at 0.70366, and stop loss at 0.61844. 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.
Long
by VantageMarkets
1
NZD/USD: Fundamental Analysis + Possible Scenario The NZD/USD pair continues to experience selling pressure for the second straight day on Tuesday, adding to the slight losses from the previous day. During the first half of the European day, spot prices reach a low that surpasses the previous week, and bears are attempting to push prices even lower below the horizontal support in the mid-0.6400s. The safe-haven US Dollar receives a slight boost from the general sense of caution, which ends up being a major pressure point for the NZD/USD pair. Investors are still uncertain about a robust economic rebound despite the better-than-expected Chinese macroeconomic statistics provided earlier this Tuesday, especially in light of the country's worst-ever COVID-19 epidemic. This in turn reduces demand for assets seen as being riskier, such as the New Zealand dollar. However, a recent decline in US Treasury bond yields may temporarily restrain the USD and assist in containing losses for the NZD/USD pair. The markets currently appear to be confident that the Fed will moderate its aggressive approach and announce a lower 25 bps rate hike on Wednesday at the conclusion of a two-day policy meeting. This further drives down US bond yields, which should prevent USD bulls from making further wagers. The aforementioned fundamental background makes it smart to hold off on declaring that the NZD/USD pair has peaked out as we approach the key central bank event risk. Instead, we should wait for significant follow-through selling. The US macro data, including the Chicago PMI and Conference Board's Consumer Confidence Index, are the following to be released. This will have an impact on the USD and give the NZD/USD pair some momentum, coupled with the general risk mood. Technically speaking, sliding below the 0.6450 level indicates a fall of a trading range that has been in place for a week and raises the possibility of further declines. The next leg of the NZD/USD pair's directional move, however, can be decided by traders who would rather stay out of the market and wait for the FOMC policy decision, which is highly anticipated, to be announced on Wednesday.
by FOREXN1
4
NZD/USD: A Trendline Break Indicates Short Opportunity 🦐NZD/USD has been showing a bullish trend in recent times, with the price testing the resistance level at 0.65000. However, after a period of distribution, the price has been testing an ascending trendline over a support level. This trendline acts as a key level of support, and if the price were to break below it, it could indicate a potential short-order opportunity. In technical analysis, trendlines are used to identify the direction of a trend and to help traders make decisions on entering or exiting a trade. In this case, if the price breaks below the ascending trendline, it may suggest that the bullish momentum is losing strength and that the price could potentially move lower. Traders should keep a close eye on the price action near the trendline and consider entering a short position if the price does break below it and should always have a well-defined risk management plan in place to limit potential losses as Plancton's strategy suggest. ––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure.
by InkyGrip
2
NZDUSD - Wait For The Bears!⏰Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on WEEKLY: Left Chart NZDUSD is sitting around a resistance zone so we will be looking for sell setups on lower timeframes. on H4: Right Chart NZDUSD is forming a channel in red. For the bears to take over, we need a momentum candle close below the last major low in gray. Meanwhile, until the sell is activated, NZDUSD can still trade higher. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
15
NZDUSD LONG!!Looking at the H4 chart, we can see that the 1st support is at 0.64102 which is overlap support that is in line with the 50% Fibonacci line. If the price breaks this level, we could see it drop to 2nd support is down at 0.63355. As the current price is above the Ichimoku cloud and there is an ascending trend line, which suggests bullish momentum. For the resistance, our 1st resistance is at 0.65130 which is a recent swing high resistance area. Buy entry at 0.64079, take profit at 0.65089 and stop loss at 0.636350 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.
Long
by VantageMarkets
NZDUSD - Catch This Wave! 🏄🏼‍♂️In our last NZDUSD, we identified that we almost completed Wave 1 impulse and we were awaiting the wave 2 ABC correction. We are now in the correction and we've seen both A and B. We are now in C and we can capitalise on this move before we go LONG. Trade Idea: - Watch for a break of the red trendline - Enter with stops above the highs - Target: 0.62 (250pips) Please note that wave C can extend so once we're at 0.62, hold and see if we break that level. Ideally we get 5 clear waves to the downside. If we do, hold trade until we're on the 5th wave and taper positions off there. Goodluck and as always, trade safe!
by WicktatorFX
5