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Nzdusdshort

NZDUSD - Short from bearish order block ✅Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective after the price changed the character, so I am looking for shorts from premium zone. If price fills the imbalances higher and reject from bearish order block I will consider to open a short position. Fundamental analysis: Next week will be full of important news on USD, firstly on Wednesday will be released Federal Funds Rate which is expected to increase, as well FOMC Meeting. Also, on Friday we have NFP and Unemployment Rate in USA and on Wednesday will be released Unemployment Rate on NZD. Pay attention to these news, as they are important for the upcoming month and USD bias. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
NZD/USD Rebounds Above 0.6150 on Mixed NZ DataThe NZD/USD currency pair has rebounded above the 0.6150 level, breaking its two-day downtrend at a six-week low. The recent rise in the Kiwi pair is largely attributed to the mixed catalysts at home, along with the broad weakness in the US dollar. The upcoming US Q1 GDP release is crucial for NZD/USD traders to watch. The market expects the GDP to ease to 2.0% on an annualized basis versus 2.6% prior. The recent hawkish concerns about the Reserve Bank of New Zealand (RBNZ) are expected to recede if the US Q1 GDP prints downbeat figures, which would support the Kiwi pair's latest recovery. 👉 The mixed catalysts, including the negative ANZ sentiment figures and the US-China tension, could further weigh on the Kiwi currency. Therefore, traders could consider a sell signal with an entry price around 0.6140, a take profit level around 0.6000, and a stop loss above 0.6160. TRADE IDEA DETAILS Currency Pair: NZD/USD Current Trend: Bearish Trade Signal: ↘️Sell 👍Entry Price: Around 0.6140 ✅Take Profit: Around 0.6000 ❌Stop Loss: Above resistance at 0.6160 Additionally, the mixed ANZ sentiment figures for April, along with the plummeting Business Confidence in New Zealand, could weigh on the Kiwi currency. Moreover, fears of a US recession, the banking sector fallout, and the US-China tension could also lead to a risk-off sentiment, which could benefit the US Dollar. #ForexTrading #NZDUSD #MarketAnalysis #TradeSignals
Short
by RichDadph-FX
1
NZDUSD to see a temporary move higher?NZDUSD - 24h expiry - We look to Sell at 0.6240 (stop at 0.6265) Previous support located at 0.6200. Previous resistance located at 0.6220. Further downside is expected. Although we remain bearish overall, a correction is possible without impacting the trend lower. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be 0.6175 and 0.6150 Resistance: 0.6220 / 0.6240 / 0.6250 Support: 0.6200 / 0.6175 / 0.6150 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
NZDUSD to reverse?NZDUSD - 24h expiry - We look to Sell a break of 0.6269 (stop at 0.6297) Previous support located at 0.6270. Previous resistance located at 0.6300. The move higher is mixed and volatile, common in corrective sequences. We expect a reversal in this move. A move through 0.6270 will confirm the bearish momentum. Our profit targets will be 0.6201 and 0.6191 Resistance: 0.6300 / 0.6325 / 0.6350 Support: 0.6270 / 0.6250 / 0.6200 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
1
NZDUSD trend of higher lows has been broken.NZDUSD - 24h expiry - We look to Sell at 0.6240 (stop at 0.6270) Previous support located at 0.6200. Previous resistance located at 0.6225. The trend of higher intraday lows has also been broken. Risk/Reward would be poor to call a sell from current levels. Further downside is expected. Our profit targets will be 0.6175 and 0.6150 Resistance: 0.6225 / 0.6240 / 0.6250 Support: 0.6200 / 0.6175 / 0.6150 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
Recession Probability Dumped NZDIn the 4-hour and daily timeframe, FRVP shows the $0.6230 level as a critical support. At the same time, we see that it has been in the ascending channel since the beginning of March and is currently breaking the lower support of the channel. The fact that the sub-support of the channel and the FRVP support are in the same region increases the risk level of this region. The prospect of New Zealand's possible recession has pushed the NZD below this risk level. In such a scenario, it is possible to see $0.60 levels.
Short
by YavuzAkbay
20 Reason For sell NZDUSD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: after forming a church in 2007, the price is currently in sideways to upside phase yet grab all bearish liquidity and now ready for a bull move in my point of view based on the 12-month chart 2:📆Monthly: clear downtrend here, but the last low is not all its lower high, so the downtrend is halted here in this tf price is officially sideways 3:📅Weekly: price breach recent OB also breach recent pullback, so probability it may go up to premium area or extreme OB so we can open only buy positions in this pair in coming weeks 😇 7-Dimension Analysis 🟢 Analysis Time Frame: Daily 1 Price Structure: The price structure is showing a change in character and starting a new impulsive move. 2 Pattern Candle Chart: A bearish momentum candle known as the Boji classic pattern has appeared. 3 Volume: There is not much support from the volume. 4 Momentum (Unconventional RSI): The RSI has encountered resistance at the 60 level. 5 Volatility Measure (Bollinger Bands): The Bollinger Bands have shown a head fake with a bearish momentum candle. 6 Strength (ADX): The bearish DMi has gained strength. 7 Sentiment (ROC): There has been a sharp change in the sentiment over the last week. ✔️ Entry Time Frame: H4 Entry Time Frame Structure: Bearish. Entry Move: Impulsive. Support/Resistance Base: Waiting for H4 trend line. FIB: Trigger trend line has also been breached. ☑️ Final Comments: Sell at the breakout. 💡 Decision: Sell. 🚀 Entry: 0.6223. ✋ Stop Loss: 0.6277. 🎯 Take Profit: 0.6102. 😊 Risk to Reward Ratio: 1:3. 🕛 Expected Duration: 3 day
Short
by Optimum369
NZDUSD Buy NZDUSD advanced to a seven-week high of 0.6378 in the wake of a bolder-than-expected 50bps rate hike by the Reserve Bank of New Zealand early on Wednesday. The pair has been developing northwards within a bullish channel since the drop to 0.6083 on March 10th, having already climbed above its simple moving averages (SMAs). Encouragingly, the RSI and the MACD are sending clear positive signals at the moment, with the former trending up confidently above its 50 neutral mark and the latter gaining ground within the positive region. The next hassle could be the channel’s upper boundary, which overlaps with the 61.8% Fibonacci retracement of the latest downleg at 0.6392. A successful move higher could retest the 0.6465 constraining zone ahead of the 2023 top of 0.6536. Should the bulls push for new highs, the door would open for the long-term resistance trendline drawn from the 2021 high of 0.7463. NZDUSD h1 price is in an uptrend. Today it is possible that the pair will move up to the 0.6370 resistance area once again. Recommended buy to current price 0.6320, SL: 0.6280, TP: 0.6370
Long
by VTmarkets
NZDUSD - Sell idea for 10:1 RRRHello everyone! Hope you all had a great weekend and Ramadan Kareem all. FX:NZDUSD been moving quite nicely within this structure. Seeing also a great opportunity for sell from this area to follow its structure. Have two different TP set on the chart since some have asked for this. Risking 1% for 10%, I always take amount invested as partial and let rest run. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Together we win! Regards, Enzo
Short
by IamEnzo