Get started

NZD

NZDJPY support has been holding back the bears.NZDJPY - 24h expiry Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 86.30 continues to hold back the bears. Bespoke support is located at 86.27. 86.27 has been pivotal. We look to buy dips. Daily signals are mildly bullish. We look to Buy at 86.45 (stop at 86.05) Our profit targets will be 87.45 and 87.65 Resistance: 87.15 / 87.30 / 87.65 Support: 86.70 / 86.50 / 86.27 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
AUD retracing...Yesterday, during the live stream, a bearish flag was identified. As the price broke out, the AUDUSD fell to reach the 0.6430 price level. Currently, the AUDUSD has rebounded from yesterday's low, contributed by the climb on the NZDUSD and the weakness of the DXY. Initial consideration was for the AUDUSD to rise toward the 0.65 round number resistance level, on anticipation that the DXY could continue weakening. However, price action suggests that the AUDUSD might not sustain a break beyond the 23.60% Fibonacci retracement level. Look for a continuation of the downtrend, especially if the DXY recovers in strength.
Short
by JinDao_Tai
Post RBNZ AnalysisThe RBNZ announced its decision to keep interest rates on hold at 5.50%, keeping with market expectation. In the accompanying statement, the RBNZ indicated that rates could remain restrictive in the long term as inflation rate continues to be "too high". This has also led to an increased likelihood for another rate hike to come from the RBNZ. Following the release of the decision, the NZDUSD rose from the 0.5940 price level and continued to climb higher toward the resistance level of 0.5990. This move higher was supported by the weakening of the DXY during the Asia session. Further weakness in the DXY could drive the NZDUSD higher, with the bearish trendline and 38.2% Fib retracement level likely to provide resistance, before a resumption of the downtrend.
Short
by JinDao_Tai
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
NZDCAD - Strong Support Ahead 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. NZDCAD has been overall bearish trading inside the falling channel in red, and it is currently approaching the lower trendline. Moreover, the 0.79 - 0.8 is a strong support zone. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline. As per my trading style: As NZDCAD is sitting around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
2
EURNZD 13/8/23EN giving us an untradeable range here for a bullish move higher, not for what we have we will simply wait for a break as our overall bias is unclear, we did have a signal on Friday for possible downside so we will keep this in mind coming into this week, if our London open gives us a sort bias again we will look to follow that for our first entry of the week. until then we need a clear break out of our range. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by PipSurfingSociety
🔥🔥🔥 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