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NZDUSD

Bearish drop?The Kiwi (NZD/USD) is rising towards the pivot and could reverse to the 1st support level which is an overlap support. Pivot: 0.6354 1st Support: 0.6255 1st Resistance: 0.6411 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
Potential bullish bounce?NZD/USD is falling towards the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6235 Why we like it: There is an overlap support level that aligns with the 50% Fibonacci retracement. Stop loss: 0.6183 Why we like it: There is a pullback support level. Take profit: 0.6298 Why we like it: There is a pullback resistance level that aligns with the 50% Fibonacci retracement. 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.
Long
by VantageMarkets
Kiwibank Lowers Kiwi ForecastThe New Zealand dollar (NZD/USD) has slipped below its 25-day exponential moving average (EMA) and could potentially test the 50-day EMA next. But, can sellers maintain the momentum and push further into bearish territory? Kiwibank is betting on more downside due to faster and deeper rate cuts from the Reserve Bank of New Zealand (RBNZ). However, their initial bearish outlook has softened somewhat. "In our previous FX Tactical, we anticipated the Kiwi heading towards the 0.5700 mark. But given its reluctance to trade down to that level, we've adjusted our expectations. While we still believe the Kiwi should be lower, it's clear the 0.5700 target is less likely. At this point, 0.5900 seems a more reasonable level," the bank stated. Further complicating the outlook is China’s influence. Like the Australian dollar, the Kiwi can find support from economic developments in China. Talks of a potential stimulus package from Beijing had initially buoyed market sentiment, but UBS remains unimpressed. The investment bank noted that the scale of China's recent measures falls short of previous stimulus efforts, which historically triggered strong market rallies. Economists cited by The Wall Street Journal share this view, pointing out that borrowing costs are already low, yet demand for credit remains sluggish. Consumer confidence, dragged down by concerns over jobs and the ongoing property market meltdown, remains near historic lows.
by BlackBull_Markets
NZDUSD catching a falling knife at market price?NZDUSD - 24h expiry The trend of higher lows is located at 0.6120. A lower correction is expected. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 0.6300 will confirm the bullish momentum. We look to Buy at 0.6260 (stop at 0.6220) Our profit targets will be 0.6340 and 0.6350 Resistance: 0.6300 / 0.6325 / 0.6350 Support: 0.6275 / 0.6260 / 0.6250 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. Update idea
Long
by OANDA
Analysis of NZD/USD: Exchange Rate Hits Yearly High TodayAnalysis of NZD/USD: Exchange Rate Hits Yearly High Today According to the NZD/USD chart, the exchange rate has reached 0.635 New Zealand dollars per US dollar today, its highest level since December 2023. As reported by Trading Economics: → On one hand, the "kiwi" strengthened due to China's announcement of an economic stimulus package, as China is New Zealand's largest trading partner. → On the other hand, weaker-than-expected US consumer confidence data (CB Consumer Confidence) released yesterday also supported the pair: actual = 98.7, forecast = 103.9, previous = 105.6. Today's technical analysis of the NZD/USD chart shows that since late July, the price has formed an upward channel (marked in blue), with the following developments: → Bulls managed to break the 0.630 level; → The 0.626 level shifted from resistance to support (indicated by an arrow); → Since mid-September, the price rise has been most clearly reflected by a steeper upward channel (shown by purple lines); → The RSI indicator on the 4-hour timeframe entered the overbought zone and has turned downwards. It's worth noting that today’s NZD/USD chart indicates the median line is showing signs of resistance, as seen earlier in September. Given this, the market appears vulnerable to a pullback, and we may witness a retest of the 0.630 level, reinforced by support from the purple lines. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
Market Analysis: NZD/USD RisesMarket Analysis: NZD/USD Follows Suit NZD/USD might aim for more gains above 0.6300. Important Takeaways for NZD USD Analysis Today - NZD/USD is consolidating gains from the 0.6350 zone. - There is a major bullish trend line forming with support at 0.6280 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis On the hourly chart of NZD/USD on FXOpen, the pair started a steady increase from the 0.6180 zone. The New Zealand Dollar broke the 0.6265 resistance to start the recent increase against the US Dollar. The pair settled above 0.6280 and the 50-hour simple moving average. It tested the 0.6355 zone and is currently correcting gains. The pair corrected lower below the 0.6340 level. The NZD/USD chart suggests that the RSI is now approaching 60. On the downside, immediate support is near the 23.6% Fib retracement level of the upward wave from the 0.6209 swing low to the 0.6355 high at 0.6320. The first key support is near a trend line at 0.6280 and the 50% Fib retracement level of the upward wave from the 0.6209 swing low to the 0.6355 high. It is close to the 50-hour simple moving average. The next major support is near the 0.6265 level. If there is a downside break below the 0.6265 support, the pair might slide toward the 0.6210 support. Any more losses could lead NZD/USD in a bearish zone to 0.6180. On the upside, the pair might struggle near 0.6355. The next major resistance is near the 0.6380 level. A clear move above the 0.6380 level might even push the pair toward the 0.6440 level. Any more gains might clear the path for a move toward the 0.6500 resistance zone in the coming days. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
Levels discussed on livestream 25th September25th September DXY: Retracing from 100.20, could retest 100.60, look for rejection to continue lower to 100 and 99.70 major support level. NZDUSD: Buy 0.6310 SL 20 TP 50 AUDUSD: Sell 0.6880 SL 20 TP 40 GBPUSD: Buy 1.3345 SL 40 TP 80 EURUSD: Buy 1.1205 SL 15 TP 45 USDJPY: Could range between 145 and 143, look for breakout potential USDCHF: Buy 0.8470 SL 20 TP 80 USDCAD: Sell 1.3420 SL 25 TP 55 Gold: Bounce off 2652 could trade to 2670 with major level at 2700
TVC:DXY
by JinDao_Tai
Kiwi H4 | Falling to pullback supportThe Kiwi (NZD/USD ) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6292 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.6245 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level. Take profit is at 0.6353 which is a swing-high resistance. 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.
Long
by FXCM
Bearish drop?NZD/USD is rising towards the resistance level which is a pullback resistance that aligns with the 127.2% Fibonacci extension and could reverse from this level to our take profit. Entry: 0.6293 Why we like it: There is a pullback resistance level that lines up with the 127.2% Fibonacci extension. Stop loss: 0.6346 Why we like it: There is a resistance level at the 161.8% Fibonacci extension. Take profit: 0.6212 Why we like it: There is a pullback support level that aligns with the 38.2% Fibonacci retracement. 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
Could the kiwi reverse from here?The price is rising towards the pivot point which has been identified as a pullback resistance and could drop to the 50% Fibonacci support. Pivot: 0.6293 1st Support: 0.61901 1st Resistance: 0.6350 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
Using Probability to Guide My Long Positions on NZDUSDThe NZDUSD pair is showing bullish potential due to several key factors. Recent US inflation data came in softer than expected, which could lead to a more dovish stance from the Federal Reserve. Additionally, the Fed's recent interest rate cut is likely to weaken the US dollar, benefiting the New Zealand dollar. These factors, combined with NZDUSD's positive momentum over the past week and month, support a bullish outlook for the pair. To capitalize on this potential, I'm using probability-based analysis to enter long positions. By focusing on high-probability setups, I aim to achieve more consistent results over time. 12M: 2W: 1H: I’d love to hear your thoughts on the NZDUSD outlook and my trading strategy. Please share your insights or questions in the comments below!
Long
by Jasminex1x2
Levels discussed on Livestream 23rd September DXY: Currently at 101, could retest bearish trendline and reject to trade down to 100.60. If trendline broken, needs to break above 101.40 for further upside to 101.80 NZDUSD: Sell 0.6195 SL 20 TP 40 AUDUSD: Sell 0.6775 SL 20 TP 65 GBPUSD: Sell 1.3245 SL 30 TP 70 EURUSD: Buy 1.1090 SL 25 TP 90 USDJPY: Sell 143 SL 35 TP 95 USDCHF: Sell 0.8540 SL 30 TP 105 USDCAD: Do Nothing Gold: Currently retracing, look for possible reaction at 2600, esp for a rebound.
TVC:DXY
by JinDao_Tai
Kiwi H4 | Potential bullish bounce off 50% Fibo supportThe Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6182 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.6141 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level. Take profit is at 0.6256 which is a pullback resistance. 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.
Long
by FXCM
1
NZD/USD Hits Supply Level,Potential Double Top Formation SignalsAs forecasted in our recent analysis, the NZD/USD pair has reached the key supply level around 0.6230. At this level, a potential double top formation is emerging, which, in confluence with the supply area, suggests that a retracement may be on the horizon. Adding further weight to the potential for a pullback, the latest Commitment of Traders (COT) report shows that retail traders are heavily long on the NZD/USD, which often serves as a contrarian indicator when combined with technical signals like the double top pattern. Today's focus for investors will be on the preliminary US Purchasing Managers Index (PMI) data for September, which could provide more clues for the next movement in the NZD/USD pair. The Manufacturing PMI is expected to tick up slightly to 48.6 in September from 47.9 in August, signaling a continued contraction in the sector but at a slower pace. Meanwhile, the Services PMI is projected to slip marginally to 55.3 in September from 55.7 in August, indicating a still-expanding services sector, though at a slower rate. Given the current technical setup at the supply zone and the economic backdrop, we are looking for a short setup on NZD/USD, anticipating further downside pressure. The likelihood of a stronger USD could rise, particularly if today's PMI data supports the case for US economic resilience, contrasting with weakness in other major economies like Germany, where the Flash Manufacturing PMI has disappointed markets. As the EUR/USD continues to fall following poor German data, further strengthening of the USD could weigh on the NZD/USD pair, reinforcing the bearish outlook. The combination of retail traders' long positions, a possible double top formation at the supply zone, and positive momentum in the USD positions the pair for a potential retracement, offering a favorable opportunity for short-term bearish setups. Traders should watch today's PMI releases closely, as any stronger-than-expected results from the US could amplify USD strength and accelerate the anticipated pullback in the NZD/USD pair. ✅ Please share your thoughts about NZD/USD in the comments section below and 👍 HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Short
by FOREXN1
1
NZDUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Short
by ShahedZare