Nzdusdanalysis
DeGRAM | NZDUSD pullback from the major resistanceNZDUSD is moving in an ascending channel. The market has dropped from the major resistance level.
The market is creating a bearish harmonic pattern, which is additional confluence.
We expect a pullback from the resistance since the market is moving sideways on the 4-hourly chart.
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NZD/USD Analysis - Strong Support Rejection and BreakoutWelcome to our NZD/USD analysis video! In this episode, we'll be diving into an exciting trading opportunity in the NZD/USD pair, marked by a robust support rejection and a breakout from the channel. Let's explore the potential ahead!
📈 Key Analysis Points:
Strong Support Rejection: Discover the significance of the recent strong support rejection and what it means for NZD/USD traders.
Channel Breakout: We'll analyze the breakout from the channel and the implications it has for the pair's direction.
Targeting Next Resistance: Learn about the potential price levels to watch for as NZD/USD aims for its next resistance area.
Trade Setup: Get insights into potential entry and exit points for traders interested in this exciting opportunity.
If you're a forex trader or investor keeping an eye on NZD/USD, this video offers valuable insights for your trading decisions.
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Disclaimer: This analysis is for educational purposes only and should not be considered as financial advice. Always conduct your research and consult with a financial advisor before making any trading decisions. Trading involves risks, and it's essential to manage them wisely.
NZDUSD possilbe long for 0.59607th September daily inside bar, range confined within the previous bar range. 8th September daily insurance bar broker previous day inside bar high. signs for accumulation and strength in coming days. demand zone 0.5855-0.5860, stop loss: 0.5845, initial target 0.5940-60.
NzdUsd- Reversal after inverted hammer?Since the high of around 0.64 back in mid-July, NzdUsd dropped hard losing around 500 pips of its value also dropping under 0.6070 horizontal technical support.
A new low was made at the end of August, followed by a new one at the beginning of September.
However, this new low is very close to August one suggesting a lack of power from bears.
Friday's candle is an inverted hammer, also suggesting the possibility of a correction.
I'm bullish NzdUsd as long as 0.5850 is intact and I'm looking to buy dips.
The target could be represented by a test of the broken support.
NZDUSD Weekly Short Trade Setup Good morning everyone, its been a while since my last published idea, nonetheless, here we have NZDUSD on the weekly timeframe giving us a breakout and then a retracement back the RZ 1. Typically in these cases you may get a pullback to RZ 2 but, overall I think this will drop in the next upcoming weeks.
You can also some liquidity which form on the RZ 1 pullback. Give this trade some time. Remember, it's based off the weekly, daily seems to choppy which will cause some slowdowns before the big drop.
Don't forget NFP tomorrow, this may be the push down it needs or maybe the retest to RZ 2. I guess we will find out soon. Happy Trading everyone !!!!
NZDUSD Long Term BUYING Trading IdeaHello Traders
In This Chart NZDUSD HOURLY Forex Forecast By FOREX PLANET
today NZDUSD 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 SWING SIGNAL LONGHello trader friends
New Zealand dollar to US currency pair
Considering the breaking of the dollar index, we can think about long transactions
Due to the inclusion of the pivot in the 4-hour period, there is a possibility of a phase change from bearish to bullish in this currency pair.
Therefore, according to the appropriate risk and reward, we can enter into long positions
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NZDUSD possible long for 0.605528th August daily inside bar, range confined within the previous bar range. 29th August daily insurance bar dictation for strength ahead. if price breaks & hold above then would be considered fake downside breakout. need to break & hold above 0.8986 for trend reversal. initial target 0.6005, next 0.6055. stop loss: 0.5875.
NZDUSD – bearish momentum building 07 Aug, 2023This pair has had 3 consecutive weeks of losses and in my opinion, this trend will continue during the upcoming week. Looking at recent PA, the bulls have tried to recover some ground, but these have been mostly weak moves that were quickly reversed by the bears. A similar pullback and further bearish evidence will provide another opportunity to go short.
If my expectation does come through, I will be looking at the area around 0.5840 as target.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
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NzdUsd- In search of the next support (could be 0.5750)After flirting with 0.6050-0.6070 zone support, exactly a week ago, NzdUsd managed to break under and at the time of writing is trading well under the psychological 0.6.
The overall structure is strongly bearish and we could probably see down continuation.
0.6050 is now resistance and, in my opinion, rallies towards 0.6 should be sold considering a stop above resistance.
As the title says, 0.5750 could be swing trader's target.
Long term nzdusd analysis review. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
NZDUSD - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on NZDUSD.
Technical analysis: Here we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from institutional mid figure 0.60500.
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nzdusd buy. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
NZD/USD Stumbles as Chinese Economic Recovery FaltersThe NZD/USD dropped sharply below 0.6100, impacted by China's sluggish economic recovery and the US Dollar's strength. Disappointing Chinese trade data and a narrowed US trade deficit contributed to the decline. Mixed signals from US central bank speakers added complexity. Technically, the NZD/USD is approaching key support levels. Traders now await critical economic data from both China and the US.
TRADE IDEA DETAILS
CURRENCY PAIR: NZD/USD
CURRENT TREND: Bearish, influenced by concerns over China's economic recovery and a strong US Dollar.
TRADE SIGNAL: SELL
👉ENTRY PRICE: 0.6050 – The current price level after the NZD/USD slipped below 0.6100 and reached 0.6051.
✅TAKE PROFIT: 0.5985 – The year-to-date (YTD) low. This is a conservative target, based on the bearish outlook.
❌STOP LOSS: 0.6100 – Above the daily high of 0.6109, a level that could signal a reversal of the bearish trend.
RISK MANAGEMENT:
A tight Stop Loss at 0.6100 helps in limiting potential losses, while the Take Profit at 0.5985 aligns with current market trends and technical support levels.
ANALYSIS:
Fundamental Analysis: Weak Chinese economic recovery and strong US Dollar are pushing NZD/USD lower.
Technical Analysis: The currency pair has fallen below daily EMAs and is approaching a key support level at 0.6031. Breaching this level could expose the 0.6000 figure and YTD low at 0.5985.
TRADE PLAN:
Monitor China's Upcoming Inflation Data: A further economic downturn in China could increase selling pressure on NZD/USD.
Watch US Inflation Data for July: The data may have an impact on USD strength and influence the trade.
Assess US Central Bank Communications: Any policy shifts can alter the trade dynamic.
Timeframe: A short to medium-term trading window, with constant monitoring of key economic indicators.
FINAL THOUGHTS:
The NZD/USD pair presents a sell opportunity, driven by negative sentiment around China's economy and US Dollar strength. Proper risk management, adherence to the entry, take profit, and stop loss levels, and continuous monitoring of economic data are vital to this trading strategy.