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NZD-USD

NZDUSD Strong buy opportunity at the bottom of the Channel DownIt's been more than 2 months since we last gave an NZDUSD signal (see chart below), a buy call that hit straight into our 0.62750 target: The price broke yesterday below Support 1 (0.59845) and today almost touched the bottom of the latest Channel Down pattern. With the 1D RSI almost on the 30.00 oversold barrier, this is a strong buy opportunity for a short-term rebound to at least the 0.618 Fibonacci Channel retracement level at 0.62000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
🔥🔥🔥 NZDUSD...UT (15m) 🔥🔥🔥 BSO @ 0.6088 ⏳ BLO2 @ 0.6077 📈 BLO1 @ 0.6066 ⏳ Choose your TP based on your favorite trading strategy or time frame: 🇳🇿 NZDUSD (pip movement per strategy): STRATEGY PIP MOVEMENT Scalping 10-20 pips Intraday 20-40 pips Swing 40-80 pips Position 80-120 pips TIME FRAME AVERAGE ATR 1 day 20 pips 4 hours 10 pips 1 hour 5 pips 15 minutes 3 pips 5 minutes 2 pips ⚠️ TREND — Momentum: Big Picture Uptrend — Price Action: Ranging with an Uptrend Bias — CounterTrend: NO (moderate risk trade)
Long
by ProfessorCEWard
NZDUSD, H4 | Potential Bullish BouncePrice is bouncing off a key support level, which is a major swing low support level, hence we could see the momentum carry price up to its take profit target. Entry: Why we like it: 0.6062 There is a major support key level for a potential bullish reversal. Stop Loss: 0.5987 Why we like it: There is a swing low support. Take Profit: 0.6132 Why we like it: There is a pullback resistance, 50% Fibonacci Retracement and 78.6% Fibonacci Projection, which indicates Fibonacci confluence. 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
🔥 NEW: NZDUSD 🔥 SWING 🔥BSO @ 0.6145 BLO1 @ 0.6115 BLO2 @ 0.6075 PA has kissed a Major Support Level without satisfying the Demand Zone. However, being the the BIG PICTURE trend is up, it is possible that PA is creating a Higher Low @ 0.6145 to reflect a continuation of the UT. 1 Shaving 50% of my position @ TP1 thru TP3 2 Add-Ons are 50% Buy Stop Order positions 3 Closing ALL Buy Orders @ TP4 NZDUSD (pip movement per strategy): STRATEGY PIP MOVEMENT Scalping 10-20 pips Intraday 20-40 pips Swing 40-80 pips Position 80-120 pips TIME FRAME AVERAGE ATR 1 day 20 pips 4 hours 10 pips 1 hour 05 pips 15 minutes 03 pips 5 minutes 02 pips ⚠️ TREND — Momentum: Big Picture Uptrend — Price Action: Ranging with an Uptrend Bias — CounterTrend: NO (moderate risk trade)
Long
by ProfessorCEWard
✨NEW: NZDUSD ✨ SWING TRADE ✨SLO2 @ 0.7425 ⏳ SLO1 @ 0.7150 ⏳ TP4 @ 0.7050 (closing ALL Buy Orders) TP3 @ 0.6900 (shaving) TP2 @ 0.6715 (shaving) TP1 @ 0.6500 (shaving) BLO @ 0.6325 ⏳ 📈 I'm anticipating a continuation of the UT. If I'm correct, we have some BIG MONEY coming. TECHNICAL ANALYSIS The New Zealand economy is expected to grow at a faster pace than the US economy in 2023, and this could lead to a stronger NZDUSD exchange rate. Additionally, the Federal Reserve is expected to raise interest rates more aggressively than the Reserve Bank of New Zealand, which could also support an uptrend for the Kiwi Dollar. Overall, the current technical analysis for the Kiwi Dollar is mixed. There are some technical indicators that suggest that the downtrend could continue, but there are also some fundamental factors that could support a near-term uptrend. Keep monitoring these indicators: The 200-day moving average: This is a long-term moving average that can provide support or resistance for the NZDUSD pair. If the price breaks below the 200-day moving average, it could signal a continuation of the downtrend. The MACD indicator: This is a momentum indicator that can help to identify overbought and oversold conditions. If the MACD indicator turns bearish, it could signal that the downtrend is resuming. The relative strength index (RSI): This is a momentum indicator that can help to identify overbought and oversold conditions. If the RSI falls below 30, it could signal that the Kiwi dollar is oversold and due for a rebound.
Long
by ProfessorCEWard
2
NZDUSD to find buyers at previous resistance?NZDUSD - 24h expiry The move lower is mixed and volatile, common in corrective sequences. Price action has continued to trend strongly lower and has stalled at the previous support near 0.6250. Risk/Reward would be poor to call a buy from current levels. Short term RSI has turned positive. A move through 0.6300 will confirm the bullish momentum. We look to Buy at 0.6250 (stop at 0.6215) Our profit targets will be 0.6325 and 0.6350 Resistance: 0.6300 / 0.6325 / 0.6350 Support: 0.6275 / 0.6250 / 0.6225 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.
Long
by OANDA
NZDUSD to turnaround at trend of lower highs?NZDUSD - 24h expiry Trend line resistance is located at 0.6160. Price action has continued to trend strongly higher and has stalled at the previous resistance near 0.6160. We expect a reversal in this move. Momentum is flat, highlighting the lack of clear direction. A move through 0.6130 will confirm the bearish momentum. We look to Sell a break of 0.6125 (stop at 0.6160) Our profit targets will be 0.6045 and 0.6025 Resistance: 0.6160 / 0.6180 / 0.6200 Support: 0.6130 / 0.6100 / 0.6050 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.
Short
by OANDA