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NZDUSD

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!
Short
by DanieIM
12
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.
Short
by ICmarkets
1
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. 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
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
CME_MINI:ES1!
by Road_2_Funded
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
Long
by ForexMasters2000
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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
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! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TopTradingSignals
1
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.
Short
by ICmarkets
3
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.
Long
by AndrewsMarket-Mastery
#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.
Long
by PIPSFIGHTER
NZDUSD Trading Opportunity! SELL! My dear friends, Please, find my technical outlook for NZDUSD below: The price is coiling around a solid key level - 0.5730 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.5669 Safe Stop Loss - 0.5766 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
NZDUSD capped by resistance at 0.5770The NZD/USD currency pair remains in a bearish trend, supported by the longer-term prevailing downtrend. However, recent intraday price action suggests sideways consolidation, indicating a potential buildup before the next significant move. Bearish Scenario: The key level to watch is 0.5770, aligning with the previous consolidation zone. A potential oversold rally toward 0.5770, followed by a bearish rejection, could reaffirm the downtrend. If sellers regain control, downside targets include 0.5687, followed by 0.5665, with 0.5637 acting as a key longer-term support. Bullish Scenario: A confirmed breakout above 0.5770 on a daily close would challenge the bearish outlook. This could trigger further upside momentum, leading to a test of 0.5793, followed by 0.5854 if bullish pressure strengthens. A sustained move above 0.5770 could indicate a broader trend shift. Conclusion: The overall sentiment remains bearish, but short-term consolidation suggests a possible test of 0.5770 before the next directional move. A bearish rejection at this level would reinforce the downtrend, while a breakout above 0.5793 would open the door for further upside. Traders should monitor price action closely at this key resistance zone for confirmation. 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.
by TradeNation
Kiwi H1 | Potential bullish bounceThe Kiwi (NZD/USD) is falling towards a swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 0.5707 which is a swing-low support that aligns with the 61.8% Fibonacci retracement. Stop loss is at 0.5682 which is a level that lies underneath a swing-low support and the 38.2% Fibonacci retracement. Take profit is at 0.5752 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. 63% 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. 63% 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