NZDUSD Is Going Down! Short!
Here is our detailed technical review for NZDUSD.
Time Frame: 10h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.581.
The above observations make me that the market will inevitably achieve 0.573 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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NZDUSD
NZD/USD Analysis: Exchange Rate at 2025 HighNZD/USD Analysis: Exchange Rate at 2025 High
As shown on the NZD/USD chart today, the exchange rate is around 0.58250—the highest level for the Kiwi against the US dollar since December 2024.
NZD strength is supported by optimism about China's economy, a key trading partner for New Zealand. The Hang Seng Index (Hong Kong 50 on FXOpen) is near three-year highs, driven by:
→ Optimism surrounding AI development in China, including models from DeepSeek and Alibaba.
→ Government stimulus measures boosting the Chinese economy.
Meanwhile, traders are assessing the USD's outlook in light of the Trump administration's trade tariff policies.
Technical Analysis of NZD/USD
The recent rally accelerated after bulls broke through the downward trendline (shown in orange). However, bears may expect a correction due to three key factors:
→ The price is near the 0.58000 level, which previously acted as support (as indicated by arrows). It may now serve as resistance, limiting further gains.
→ The RSI indicator is in overbought territory, unsurprising given the rally's pace over the past week.
→ The price is near the upper boundary of the ascending channel (in place since early 2025), which could also act as resistance to further upside.
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NZD/USD Bullish Breakout supported at 0.5730The NZD/USD currency pair shows bullish sentiment, supported by the prevailing uptrend. Recent intraday price action indicates a breakout above a period of sideways consolidation, moving toward the previous resistance level.
Key Levels to Watch:
Key Support: 0.5730 (previous consolidation range)
Immediate Resistance: 0.5806
Higher Resistance Levels: 0.5840, 0.5860
Downside Support Levels: 0.5700, 0.5680
Bullish Scenario:
A corrective pullback toward the 0.5730 level, followed by a bullish bounce, could reaffirm the uptrend and target the immediate resistance at 0.5806. Sustained bullish momentum could further push the pair toward 0.5840 and ultimately 0.5860 over the longer timeframe.
Bearish Scenario:
A confirmed breakdown below the 0.5730 support level, along with a daily close beneath this mark, would negate the bullish outlook. This would open the door for a deeper retracement toward the next support levels at 0.5700 and 0.5680.
Conclusion:
While the overall sentiment remains bullish amid the prevailing uptrend, traders should closely monitor the 0.5730 level for signs of a bullish continuation or a potential bearish breakdown. A sustained close below this level would signal caution and shift the focus to lower support zones.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
NZD/USD Poised for Bullish Breakout: Key Levels to WatchNZD/USD pair is currently forming a bullish breakout setup on the 4-hour timeframe. The price has been consolidating within a descending wedge pattern (marked by blue trendlines), which is a bullish reversal signal. Historically, similar wedge breakouts have led to significant upward movements, as seen in previous instances on this chart.
Breakout Confirmation & Entry:
The price has tested the descending resistance line multiple times and is now attempting to break above it.
A successful breakout and retest of this level could confirm a bullish continuation.
The entry zone aligns with the breakout area above the wedge pattern, providing a high-probability long setup.
Target Levels:
First Take Profit (TP1): 0.57705 - 0.57715 (Previous high & key resistance)
Second Take Profit (TP2): 0.58165 (Next major resistance level)
Final Take Profit (TP3): 0.59001 - 0.59003 (Strong supply zone & key resistance)
Risk Management:
Stop-loss placement: Below the recent swing low (~0.55965), as a breakdown below this level would invalidate the bullish setup.
The risk-to-reward ratio (RRR) appears favorable, with a well-structured green risk-reward box showing higher potential upside than downside.
NZD/USD Long Setup – Breakout Confirmation & Smart Money SupportTechnical: NZD/USD has broken above 0.5572 resistance, confirming a bottom. This level should now act as support on any pullbacks. Look to enter between 0.5762 – 0.5572, with an upside target of 0.5870. Place a stop loss at 0.5730 to manage risk.
Fundamental: The U.S. dollar is seeing continued selling pressure from commercial participants, while NZD is being accumulated—suggesting smart money positioning for further upside.
Seasonal: Historically, NZD/USD has risen 66.67% of the time between March 17 – April 12, with an average return of 1.31% over the past 21 years.
Trade Idea:
Entry: 0.5762 – 0.5572
Stop Loss: 0.5730
Target: 0.5870
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZDUSD at Key Resistance Level - Will It Drop To 0.56990?OANDA:NZDUSD has reached a significant resistance zone, marked by historical price rejections and strong selling pressure. This area has previously acted as a key supply zone, increasing the probability of a bearish reaction if sellers regain control.
The current market structure suggests that if price confirms a rejection from this resistance zone, we could see a potential drop toward the 0.56990 level. However, a break and close above this resistance zone would invalidate the bearish bias and could signal further upside continuation.
Traders should look for bearish confirmation signals such as rejection wicks, bearish engulfing patterns, or increased selling volume before considering short positions.
Do you agree with this analysis? Share your thoughts in the comments!
Heading into pullback resistance?The Kiwi (NZD/USD) is rising towards the pivot which acts as a pullback resistance and could revere to the 1st support.
Pivot: 0.5827
1st Support: 0.5695
1st Resistance: 0.5915
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.
NZDUSD: Short Trade with Entry/SL/TP
NZDUSD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell NZDUSD
Entry Level - 0.5739
Sl - 0.5777
Tp - 0.5682
Our Risk - 1%
Start protection of your profits from lower levels
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Heading into pullback resistance?NZD/USD is rising towards the resistance level which is a pullback resistance that aligns with the 138.2% Fibonacci extension and could reverse from this level to our take profit.
Entry: 0.5850
Why we like it:
There is a pullback resistance level that aligns with the 138.2% Fibonacci extension.
Stop loss: 0.5913
Why we like it:
There is an overlap resistance level that is slightly above the 161.8% Fibonacci extension.
Take profit: 0.5696
Why we like it:
There is a pullback support level.
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Weekly Market Analysis - 16th March 2025 (DXY, NZD, ES, BTC)This is weekly market analysis of a few pairs (DXY, NZD, ES, BTC).
I haven't done one of these in a while, but here it is!
I would have done more pairs but the video was already 30 minutes long and I went into more teaching rather than pure analysis.
I hope you found it insightful to your own trading, because what I teach is the truth of the market regardless of whatever specific strategy you use for trading.
Anything can make money in the markets, but of course, risk management and discipline rule all.
- R2F Trading
NZDUSD is in the Selling DirectionHello Traders
In This Chart NZDUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (NZDUSD market update)
🟢What is The Next Opportunity on NZDUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NZDUSD Is Going Up! Buy!
Here is our detailed technical review for NZDUSD.
Time Frame: 10h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.575.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.582 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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NZD-USD Short From Resistance! Sell!
Hello,Traders!
NZD-USD was going up
Yet failed to reach and
Break the horizontal resistance
Of 0.5772 before the trading week's
End so the bulls are not as strong
As we initially thought which
Give us a nice opportunity
To enter a short trade on
The pair on Monday
With the Target of 0.5732
And Stop Loss of 0.5775
Sell!
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Check out other forecasts below too!
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NZDUSDOverall price is bearish but it has been bullish as of late. Price is approaching daily resistance so I'd wait to see how price reacts at daily resistance. If price rejects daily resistance then begins forming bearish structure on lower timeframes (M5, M15), I'd start looking to sell towards daily support. If price breaks the daily resistance. then I'd look for buys to the 0.59000 area.
Could the Kiwi reverse from here?The price is rising towards the pivot which has been identified as a pullback resistance and could drop to the pullback support.
Pivot: 0.5722
1st Support: 0.5677
1st Resistance: 0.5750
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.
NZDUSD: Bullish Continuation
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the NZDUSD pair price action which suggests a high likelihood of a coming move up.
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WHY NZDJPY BULLISH, DETAILED TECHNICAL AND FUNDAMENTALS ANALYSISNZDJPY is currently trading at 84.8, forming a descending channel pattern, a classic technical setup that often signals a bullish reversal upon breakout. If the pair successfully breaks above the upper trendline, we can anticipate strong upward momentum, with a potential target of 88.8, offering a gain of over 300 pips. Traders should closely monitor key resistance levels, as a breakout confirmation could trigger a significant price surge.
From a technical standpoint, the descending channel pattern indicates a series of lower highs and lower lows, reflecting a temporary downtrend. However, once price action breaks above this structure, a sharp bullish rally is often observed. The breakout zone to watch is around 85.5-86.0, with initial resistance at 86.5 before the final target of 88.8. Support remains strong around 83.5, where buyers are expected to step in if any pullback occurs before the breakout.
On the fundamental side, NZDJPY is heavily influenced by risk sentiment, global economic trends, and monetary policy differences between the Reserve Bank of New Zealand (RBNZ) and the Bank of Japan (BOJ). The yen remains weak due to BOJ’s ultra-loose monetary policy, while NZD could strengthen on improving commodity demand and a stable interest rate outlook. If risk appetite increases, NZDJPY could see further bullish momentum, accelerating the breakout.
With technicals aligning for a breakout and fundamentals supporting further gains, NZDJPY presents a strong trading opportunity. A confirmed breakout above the descending channel could fuel rapid upside movement, making this a high-probability setup for traders looking to capitalize on the next bullish wave.
#NZDUSD 1DAYNZDUSD (1D Timeframe) Analysis
Market Structure:
The price is approaching a significant support level, which has previously acted as a key area for price reversals. This level is important for identifying potential buying opportunities.
Forecast:
It is recommended to wait for the price to reach the support level. If bullish confirmation is observed, such as bullish candlestick patterns or increased buying momentum, a buy position can be considered.
Key Levels to Watch:
- Entry Zone: Monitor the price behavior near the support level and consider buying if a clear bounce or bullish signal is confirmed.
- Risk Management:
- Stop Loss: Placed below the support zone to protect against a potential breakdown.
- Take Profit: Target the next resistance levels for potential gains.
Market Sentiment:
Confirmation of bullish sentiment will depend on how the price reacts at the support level. A strong bounce would indicate potential for upward movement, while a breakdown may signal further downside. Waiting for confirmation will provide better trade accuracy.