NZDUSD TRADE SETUPIN nzdusd price was in uptrend and ranging from last 2 days now price retest its 200 ema in 4h timeframe and in 1 h market formed double bottom and rejected from the support previous resistance now on the monday open if price break the black resistance to the upside than go long for the next level which is red zone and if it break then next level i mentioned 0.5956/ sl below the support zone
Nzdusdanalysis
20 REASON FOR LONG NZDUSD 1: Structure analysis time frame: 4 HOURS
2: Profit target time frame: DAILY
3: Trade type: SWING
4: Entry Time Frame: H4
4.1 Entry TF Structure: BULLISH
4.2 entry move: CORRECTIVE
5: Support resistance base: H4 FAIR VALUE GAP
6: FIB: DISCOUNTED AREA
7: candle Pattern: DOJI REVERSAL
8: Chart Pattern: FLAG
9: Volume : SUPPORTIVE
10: Momentum UNCONVENTIONAL Rsi: SIDEWAYS TO BULL
11: Volatility measure Bollinger bands: MIDDLE BAND SUPPORT
12: strength ADX: BULL
13: Sentiment ROC: RETRACEMENT
14: final comments: BUY AT 15 MIN COMFIRMATION
15: decision: BUY
16: Entry: 0.5775
17: Stop losel: 0.5745
18: Take profit: 0.6090
19: Risk to reward Ratio: 1:10
20:Excepted Duration: 7 DAYS
NZDUSD - New expansion expected ✅Hello traders!
‼️ This is my analysis on NZDUSD.
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to continue the retracement to fill the imbalance and then to reject from trendline.
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NZD falls from top 10 most traded currencies list A couple surprising notes have appeared in the Bank of International Settlements’ (BIS) survey released today (28/10/2022). The triennial (occurring every three years) survey was conducted with the involvement of monetary authorities, like central banks, from 52 territories as well as 1,200+ commercial banks.
Trading volume increases
Foreign exchange trading volume increased to US $7.5 trillion per day, which represents a +14% increase over the US $6.6 trillion daily trading volume recorded when the survey was last conducted in 2019. The sales desk in the United Kingdom, the United States, Singapore, Hong Kong, and Japan continued to dominate the processing of most trades, accounting for 78% or more of the trading volume. Interestingly, volume passing through the UK alone accounts for 38% of global trade, or US $2.6 trillion, however, this was down from 43% in 2019.
Changing rankings
The biggest surprise that was revealed in the survey was the changing hierarchy for the most traded foreign currencies.
For one, the New Zealand dollar has fallen out of the rankings for the top ten most traded currencies in the world. The New Zealand dollar was overtaken by the Singapore dollar, Swedish krona, Korean won, and Norwegian krone, and is now the 14th most traded currency in the world. Even so, the New Zealand dollar’s popularity is still disproportionate compared to the size of the New Zealand economy with the New Zealand dollar on one side of US $125 billion worth of trades per day, representing 1.7% of all trades.
While the rankings just outside the top ten experienced a shuffle, the US dollar remains the most traded currency in the world, accounting for one side of 88% of all foreign exchange trade. The top traded currencies in 2022 in the world are as follows:
US dollar
Euro
Japanese yen
British pound
Chinese renminbi
Australian dollar
Canadian dollar
Swiss franc
Hong Kong dollar
Singapore dollar
Swedish Krona
Korean won
Norwegian Krone
New Zealand dollar
Indian rupee
Mexican peso
Taiwan dollar
South African rand
Brazilian real
NZD/USD likely to fall!Hey tradomaniacs,
NZD/USD has created a double-top at the key-resistance-zone with the break and retest of the previous trendline.
Could be a good opportunity to short even though fundamentals are very mixxed as the market has no idea how to react to the todays ECB-Statement.
Strong Rate-Hikes combined with a bad outlook for the next quarter and year is usually a very bad combination and could boost the US-Dollar with a rosk-off-sentiment.
On the other hand the market could price in less rate-hikes when inflation settles down and the up-inflation-risk weakens.
However, technically a good chance.
NZD/USD 2 Entries Running In 380 Pips 0Drawdown, New Update HereThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZD / USD Next Possible MoveNZD / USD ( New Zealand Dollar / U.S Dollar )
Time Frame - H2
Corrective Structure " BULLISH CHANNEL " in Long Time Frame #LTF
Possible Rejection from the Demand Zone ( 0.56547 - 0.56492 )
Break of Structure #BOS with Complete CHOCH
Buying Divergence in #RSI
Symmetrical Triangle in Short Time Frame #STF
NZDUSD SELL IDEANZDUSD like NZDCAD in my earlier analysis had been on a downtrend as well with so much correlation and we can spot that they both are reacting from the same supply zone which gives us a stronger confluence for a sell at this point.
So that being said we have marked out our zone a we are looking to see the market fall from there to create a new lower low.
Cheers!!!
Under Cover Trading
Swing Trading Simplified
NZD/USD Short Term SELL ....Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
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NZD/USD Multi-Timeframe & Order Flow Analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
NZDUSD - New expansion expected ✅Hello traders!
‼️ This is my analysis on NZDUSD .
Here we are still in a bearish market structure, so I am looking only for shorts. I expect bearish price action from here, as price filled perfectly the imbalance and mitigated bearish orderblock.
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NZD/USD 2 Entries Running In 220 Pips ,New Entry After D ClosureThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDUSD H4 BAT PATTERNHi traders, NZDUSD is setting up for a downside move i am expecting from price to come around our mentioned bat pattern completion and also a third touch of trendline area, watch price action on the top and look for a short position opportunity if price drop from the current area and break 0.55126 level without hiting our mentioned entry level then this setup will be invalidate.
If you are taking this trade so please i request you trade with your acourding strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong GOOD LUCK.
NZD/USD Running In 120 Pips 0 Drawdown , New Entry Added Now !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NzdUsd could rise to 0.6Since the end of September low, NzdUsd started to consolidate and looks like is carving a bottom.
We have a sequence of reversal candles in this zone and a correction to the upside has become very probable.
Also, looking at a weekly chart we can see that this zone coincides with the pandemic low, which reinforces my idea of a bottom.
Buy dips is my strategy for this pair and as the target, swing traders can have 0.6 in sight.