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NZD-USD

NZD/USD: FUNDAMENTAL ANALYSIS+PRICE ACTION & NEXT TARGET|LONG🔔New Zealand Retail Sales for the second quarter increased 3.3% quarterly and 33.3% annualized. Forex traders can compare this to New Zealand Retail Sales for the first quarter, which increased 2.8% quarterly and 6.6% annualized. US New Home Sales for July are predicted to increase 3.0% monthly to 700K new homes. Forex traders can compare this to US New Home Sales for June, which decreased 6.6% monthly to 676K new homes. The forecast for the NZD/USD turned bullish after price action completed its sell-off and started to recover. Can bulls rally the NZD/USD and pressure this currency pair into its next horizontal resistance area ? Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Long
by FOREXN1
3
NZD/USD LONG possibilityHello there traders! As always we provide you with analysis on tradingview. Currently we are looking at the NZD/USD where we had a nice impuls and corrective move. Structure tested supply zone and created a reversed H&S . Bullish pressure pushes the market up and after the retest of the right shoulder we should see NZD/USD take its flight to the moon. We also have seen the counter-trendline break wich indicates we are bullish . Last but not least we see the market create H&S and a rejection of the retest. This means we are satisfied and ready to take the trade. Have a good week!
Long
by FXT_TL
NZDUSD ready for a new recent low 🦐NZDUSD on the daily chart is consolidating above the weekly support. The market after a few tests of it is now pushing for a break. According to Plancton's strategy if the price will break below and the rules of the Academy will be satisfied we will set a nice short order. –––– 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. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
28
NZDUSD facing bearish pressure | 30th July 2021NZDUSD reversing from sell entry, in line with 100% Fibonacci resistance, and is likely to fall to take profit, in line with 100% Fibonacci extension . Alternatively, prices may rally to stop loss, in line with 161.8% Fibonacci retracement . Stochastic approaching hidden resistance. 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, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by FXCM
NZDUSD facing bearish pressure! | 30th July 2021NZDUSD has reversed from 1st resistance of 0.70193, in line with 100% Fibonacci extension. Prices are expected to fall to 1st support of 0.68809, in line with 127,2% Fibonacci retracement and 127.2% Fibonacci extension. Prices may rally towards 2nd resistance of 0.70940, in line with 161.8% Fibonacci retracement. Indicator supports a bearish view. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by TradeGATEHub
NZDUSD looking up 🦐NZDUSD after the test of the weekly support started a move to the upside. The market has now reached the upper trendline of the minor descending channel around a daily support. According to Plancton's strategy if the market will provide an inversion and the rules will be satisfied we can set a nice long order. –––– 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. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
20
NZDUSD approaching bearish reversal | 29th July 2021NZDUSD is approaching sell entry, in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension . Prices are likely to reverse and fall to take profit, in line with 127.2% Fibonacci retracement and 100% Fibonacci extension . Alternatively, prices may rally to stop loss, in line with 127.2% Fibonacci retracement and 100% Fibonacci extension . Indicator supporting bearish bias. 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, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by FXCM
1
NZD USD long 29 -July - 2021 NZD/ USD Long oportunity for today If you take a look at Weekly time frame, you will se that this pair hit a stong support level. On the same time frame we will observe that 100 MA is under candlesticks and that is indicate an uptrend, bullish trend. I will be a buyer if the next 15 Mins candle will close over highlighted support zone. I will use following entry point and TP; SL Entry @ 0.69879 SL @ 0.69654, around 200 pips. TP @ 0.70717 @ around 800 pips. Please be free to use personal money management. For any details or questions, please DM !
Long
by Andrei_C
NZD/USD:UPDATE DOWNTREND|PRICE ACTION|FIBO ANALISYS|SHORT 🔔Update previous Idea in NZD/USD...close to take profits.... Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Short
by FOREXN1
7
NZDUSD facing bearish pressure | 28th July 2021NZDUSD is approaching from sell entry, in line with 50% Fibonacci retracement and 38.2% Fibonacci extension. Prices are expected to fall to take profit, in line with 127.2% Fibonacci retracement and 50% Fibonacci extension. Alternatively, prices may rally to stop loss, in line with 78.6% Fibonacci retracement. Indicators are showing bearish pressure. 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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by FXCM
1
NZDUSD Pattern completionNZDUSD showing some textbook price action providing us with a potential opportunity to go short. A double top M pattern completing the retest of the neckline, lining up with key fib levels. We can now see momentum starting to shift with the current formation of candlesticks (shorter bodies + longer wicks). If we are to see this area hold as resistance and break below, on a retest we will be looking to enter short and for price to continue the downside move. Note that we will only be entering on retests as it will provide us with the confirmations we need and superior R/R. Targets set at 1.272 extension of the previous swing. A break above our key area will invalidate this set up. If you have any questions please comment. - Nick
Short
by IroncladFX
Bearish Opportunity on NZD/USDGood morning traders! Today we will analyze NZD/USD in multiple timeframes to show you a potential bearish opportunity. We must highlight the term POTENTIAL since the setup is not ready yet, and we need certain conditions to be met first. 🔸First of all, we are going to analyze the Weekly chart, which is where this bearish view comes from: The price was strongly rejected in the resistance zone. The next area where we consider that there may be a reversal is in the support zone. This enables us to look for a bearish scenario in a lower timeframe. 🔸In the Daily chart (published), we see that the price is against a local support zone, slightly penetrated, but the breakout is not confirmed yet. Of course, there is still the possibility that this is a false breakout, and the price will return to the bullish direction. The way to reduce this happening is to wait for a clear break + retest + rejection. 🔸In the 4H chart, we can see it more clearly:
Short
by ThinkingAntsOk
1