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NZDUSD

Strifor || NZDUSD-28/05/2024Preferred direction: BUY Comment: For the NZDUSD currency pair, we have come close to the resistance level of 0.61670 , thereby fixing the previous long target. At this stage, short-term purchases continue to be relevant, and strengthening towards the level of 0.62175 is expected. Of course, overcoming the resistance at the level of 0.61670 will not be the easiest task for the buyer, but most likely, after a short accumulation, the instrument will begin to rise (scenario №1) . Also, as an alternative scenario, a preliminary rollback from this level and, after a small correction, another attempt to break up are considered (scenario №2). Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Strifor
1
Strifor || AUDUSD-28/05/2024Preferred direction: BUY Comment: Last week, we considered this currency pair for sale in the more medium term. This trading idea is relevant, and at a distance of 2 weeks, one can consider this scenario short. However, in the short term, there will most likely be strengthening, which is exactly what we talked about earlier. Therefore, it makes sense to take a closer look at small purchases. At the moment, we highlight two scenarios, both on the chart, with a common target at the level of 0.67141 . This resistance level is a local maximum, the maximum of which is expected to be updated in the near future. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Strifor
1
NZDUSD → Trend Change. Consolidation before the impulse FX:NZDUSD is entering the consolidation phase after breaking the local trend resistance. On D1 the price enters a new range and on H1 a golden cross is formed. The dollar is standing still and losing positions since the opening of the session on the background of negative news. This is generally favorable for the currency pair. In this case, a retest of the support of the range forming above the bearish channel is possible with the aim of further growth. The currency pair has a potential and with the breakout of 0.604 the price may start to realize the accumulated potential and strengthen to 0.608 or 0.617. Resistance levels: 0.604 Support levels: 0.600, 0.5983 Most likely trading inside the range may continue. False breakdown of support and further strengthening to resistance is possible, but further price reaction to resistance will show us the readiness of the market to go in one direction or another. Regards R. Linda!
Long
by RLinda
7
Kiwi H4 | Potential bearish breakoutThe Kiwi (NZD/USD) is falling towards a potential breakout level and could potentially drop lower from here. Sell entry is at 0.6127 which is a potential breakout level. Stop loss is at 0.6158 which is a level that lies above a pullback resistance. Take profit is at 0.6082 which is an overlap support. 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. 68% 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, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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.
Short
by FXCM
🆕 NZDUSD: CURVE ANALYSIS 🆕 (Based on the 11H Chart) SLO2 @ 0.6199 ⏳ SLO1 @ 0.6163 📉 SSO @ 0.6138 ⏳ TP1 @ 0.6093 TP2 @ 0.6035 TP3 @ 0.5992 TP4 @ 0.5925 BLO1 @ 0.5909 ⏳ BLO2 @ 0.5871 ⏳ ADDITIONAL INFO: ✍️ As anticipated, it appears we have a downtrend 🤑 Currently, our SLO has triggered and we're in profit +20 pips 🔑 BLO = BUY LIMIT ORDER ITF = INTERMEDIATE TIME FRAME SLO = SELL LIMIT ORDER SSO = SELL STOP ORDER TP = TAKE PROFIT This is an Intermediate Time Frame trade (4 hours to 6 day): — Offers a clearer picture of the underlying trend compared to short-term frames. — Provides more opportunities for confirmation signals and technical analysis. — Allows for more flexible trading schedules, trades can be held overnight. — Suitable for swing traders and some positional traders.
Short
by ProfessorCEWard
NZDUSD - 4hrs ( Buy Trade Target Range 180 PIP ) Pair Name : NZD/USD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bullish Break 0.60000 Area Reasons - Major Turn level - Channel Break Out - Inner choch - Day + week High Break - P / Quarter low Area - Visible Range Lvn Bearish Reversal 0.61800 Area Reasons - Major Turn level - P / Month High - Visible Range Hvn - Pattern Target - Fibo Golden - Choch Zone
Long
by GentleGoldenEngine
Levels discussed during livestream 28th May28th May DXY: consolidating at support 104.50, look for bounce higher, towards 104.90 or resistance (confirmation if price breaks 104.60) NZDUSD: Buy 0.6140 SL 15 TP 35 AUDUSD: Sell 0.6645 SL 20 TP 50 USDJPY: Buy 157.30 SL 30 TP 65 GBPUSD: Reject resistance Sell 1.2790 SL 25 TP 90 (Hesitation at 1.2750) EURUSD: Sell 1.0885 SL 20 TP 40 USDCHF: Sell 0.9110 SL 25 TP 40 USDCAD: Buy 1.3660 SL 30 TP 80 Gold: Could trade down to 2330, look for reaction to form double bottom.
TVC:DXY
by JinDao_Tai
NZDUSD Will Go Up From Support! Long! Here is our detailed technical review for NZDUSD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.612. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.616 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
NZD/USD - Bearish Harmonic Pattern Signals Downtrend TrendThe NZD/USD currency pair is currently exhibiting strong bearish signals. A Bearish Harmonic Pattern has formed at a key resistance area, indicating a potential reversal. Additionally, a Bearish RSI Divergence on the 4-hour chart further supports our bearish bias. _________________Technical Indicators_____________________ Bearish Harmonic Pattern: The Bearish Harmonic Pattern detected at the key resistance level suggests a potential downward movement. This pattern is known for its high probability of signaling trend reversals, reinforcing our expectation of a bearish trend. Bearish RSI Divergence: The Relative Strength Index (RSI) on the 4-hour chart shows a bearish divergence, adding another layer of confirmation to our bearish outlook. The divergence indicates weakening momentum, suggesting that the recent upward movement is losing strength. ___________________Trade Setup_______________________________ Entry and Stop Loss Entry Point: 0.61345 Stop Loss: 0.61535 The entry point is strategically placed below the resistance area to capture the expected downward movement. The stop loss is set slightly above the resistance to protect against potential breakouts. Take Profit Levels: To maximize potential profits, we have set three take profit levels: TP-1: 0.61155 TP-2: 0.60965 TP-3: 0.60775 These levels are based on historical support zones and Fibonacci retracement levels, ensuring logical and technically sound exit points. Conclusion: The confluence of a Bearish Harmonic Pattern and a Bearish RSI Divergence at a critical resistance area strongly indicates a potential bearish trend for the NZD/USD pair. By following the outlined trade setup, traders can effectively capitalize on this anticipated market movement. Always ensure to manage risk appropriately and adjust stop losses and take profits as the market evolves.
Short
by trading_jupiter
Levels discussed on 27th May Livestream27th May DXY: Consolidating along 104.70 level, could retrace to 104.90 (50% retracement level), looking to continue lower to support 104.50 NZDUSD: Buy 0.6150 SL 25 TP 65 AUDUSD: Buy 0.6666 SL 20 TP 60 USDJPY: Buy 157.30 SL 30 TP 65 GBPUSD: Break previous high, Buy 1.2765 SL 20 TP 50 or double top Sell 1.2745 SL 20 TP 60 EURUSD: Sell 1.0850 SL 15 TP 45 USDCHF: Sell 0.9125 SL 30 TP 50 USDCAD: Look for reaction at 1.3610 Gold: Wait for retracement to complete, Below 2325 could trade down to 2300
TVC:DXY
by JinDao_Tai
Kiwi H1 | Rising into pullback resistanceThe Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6138 which is a pullback resistance. Stop loss is at 0.6167 which is a level that sits above a pullback resistance. Take profit is at 0.6092 which is a pullback support that lies above the 38.2% Fibonacci retracement level. 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. 68% 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, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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.
Short
by FXCM
buy #eurnzd at 1.7980 and take profit at 1.8102 ratio 1:3buy #eurnzd at 1.7980 and take profit at 1.8102 ratio 1:3 is a trade idea as $nzdemployment data made big miss and were so bad but since #nzdusd #eurnzd #gbpnzd outperform on #nzd side while shoulf be the opposite so i try this trade. may market wanna put off all retail trader may copper are up so much that boost nzd for now i see 0 reason why nzd outperform after the so bad employment data so i try with eurnzd but may better gbpnzd..only nzdjpy gone in good way but coz boj intervention
Long
by corsicasia
NZDUSD Sellers In Panic! BUY! My dear followers, This is my opinion on the NZDUSD next move: The asset is approaching an important pivot point 0.6111 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.6119 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
Bullish bias on NZDUSD monthly timeframePosition: Long Entry date: 05/24/2024 on daily timefrime. Risk/reward: 1:2.27 Pros: 1) The quarterly trend is bullish. 2) The monthly timeframe shows a 2-2 Bullish Reversal pattern. 3) The daily timeframe shows a potential 2-1-2 Bullish Reversal pattern that goes along with the weekly timeframe continuity(when the new weekly candle opens on Monday). Cons: 1) In a week, the monthly timeframe changes, potentially triggering entries but not reaching the TP and then reversing direction at the flip. 2) The first entry was already triggered, so we missed some movement, but it's okay not to be the first in. 3) The weekly timeframe doesn't show a confirmation pattern.
Long
by hascardenas