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Nzdusdshort

SasanSeifi| NZD/USD,4-Hour Hey there, ✌ In the short-term 4-hour timeframe, we’ve observed a bearish trend starting from the 0.63700 price range. The recent breakdown below the 0.62500 level has pushed the price down to the 0.62000 zone, showing some corrective movement. Currently, the price is trading around 0.62000.my short-term outlook leans toward further downside towards targets at 0.61700 and the demand zone below. However, if we see signs of weakening momentum around 0.62000, there is a possibility that the market could enter a ranging phase. In such a scenario, potential pullbacks could bring the price up to levels of 0.62350, 0.62500, and 0.62750 as a corrective move before resuming the bearish trend. To better understand the market's direction, it’s crucial to monitor price reactions in these zones. Alternative Scenario: Price Correction Another scenario to consider is continued price correction. In this case, we expect the price to make a corrective move towards our targets. If the market enters a range and confirms the price action, we could then see positive fluctuations from the specified targets and the demand zone. This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Short
by SasanSeifi
2
NZDUSD to continue in the downward move?NZDUSD - 24h expiry There is no clear indication that the downward move is coming to an end. 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. A move through 0.6025 will confirm the bearish momentum. The measured move target is 0.5075. We look to Sell at 0.6060 (stop at 0.6080) Our profit targets will be 0.6010 and 0.5995 Resistance: 0.6060 / 0.6075 / 0.6100 Support: 0.6025 / 0.6000 / 0.5975 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
safe-haven play :USD vs. NZDIn several of my previous analyses, I mentioned the state of the Forex market due to geopolitical tensions . As a result, we are witnessing an increase in safe-haven currencies like USD compared to riskier currencies such as AUD and NZD. Therefore, by following proper risk management principles, you can open short positions on this currency pair. Additionally, from a technical perspective, after breaking down the ascending channel, the price has formed the first wave of Elliott and, after its correction, has completed the second wave. In the most recent candle, it has entered the third impulsive wave. Target 1: 0.59750 Target 2: 0.58626 Stop Loss: 0.61010
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by Market-Analyzer
#NZD/USD 1DAYNZD/USD 1D – Support Turned Resistance On the daily chart of the NZD/USD pair, a significant **support-turned-resistance** pattern has been identified. This is a bearish continuation signal, suggesting that the price is likely to move lower after retesting a previous support level, which is now acting as resistance. #Pattern Overview: -Support Becomes Resistance (SBR): After a breakdown below a key support level, the price has retraced to retest this level. What was once support has now turned into a resistance zone, confirming the bearish outlook. #Forecast: -Sell Signal: The forecast indicates a sell opportunity as the price is expected to reject the newly formed resistance level and resume its downward trend. This type of setup often leads to further declines in the price. ### Trading Strategy: -Entry Point: Enter a sell position when the price fails to break above the resistance level (previous support) and shows signs of rejection (e.g., bearish candlesticks or other technical confirmations). Targets: The initial target for the downside move would be the next significant support level below the current price. Look for price action lows or Fibonacci extensions for potential target areas. Stop Loss: Place a stop-loss above the resistance level to protect against any potential bullish breakout that might invalidate the bearish setup. This pattern indicates a continuation of the bearish trend in NZD/USD, with selling opportunities emerging as the previous support level now acts as a resistance barrier.
Short
by PIPSFIGHTER
NZD/USD Giving An Amazing Bearish P.A , Short After D Closure ?we have a very good bearish price action but we need a daily closure below our daily support and if we have a closure below we will sell it when the price back to retest the broken support and we will targeting the old buying area and we will buy again from there . 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.
Short
by FX_Elite_Club
2
RBNZ Reinforces Dovish Stance and Delivers 50bp Cut Overnight, the Reserve Bank of New Zealand (RBNZ) reduced its Official Cash Rate (OCR) by 50 basis points (bps) and signalled further policy easing is on the table amid softening inflation. This leaves the current OCR at 4.75%. Cuts Ahead The accompanying Rate Statement communicated that the current economic landscape provides scope to reduce rates further. However, the central bank emphasised that rate adjustments depend on the ‘evolving assessment of the economy’ and ‘there are still risks that further adjustments might be faster or slower than currently expected’. The Committee also touched on escalating tensions in the Middle East, noting that it ‘could pose significant risks to both global economic activity and energy prices. Should conflict escalate, oil prices and shipping costs could rise, and adverse investor sentiment could trigger asset price corrections and tighter financial conditions’. Several desks and money markets (the Overnight Index Swaps market) are currently pricing in another 50bp cut for November’s meeting – this will be the last time the central bank meets in 2024. New Zealand’s Economy at a Standstill We must remember that the RBNZ was one of the first G10 central banks to begin rapid policy tightening, and inflation has indeed slowed. However, in the process, demand has weakened, unemployment rose to 4.6% in Q2 24 (the highest rate since early 2021), and the economy has all but reached a standstill over the last two years (real Gross Domestic Product contracted by 0.2% in Q2 24) with a shallow technical recession seen in the second half of 2023. Markets will receive the latest CPI inflation (Consumer Price Index) data from New Zealand next week – this is released every quarter – with the expectation that CPI inflation will ease back into the RBNZ’s target inflation band of 1-3% in Q3 24 (YoY) from 3.3% in Q2 24. Of note, however, this is tradeable inflation. Domestic inflation (or non-tradeable inflation) is a different story and is proving sticky; the latest release showed that non-tradeable inflation rose 5.4% in Q2 24 (YoY), down from 5.8% in Q1 24. NZD Lower Across the Board Today’s decision/forward guidance sent the New Zealand dollar (NZD) tumbling against G10 peers, with losses most notable versus the US dollar (USD) and Swiss franc (CHF) as of writing. Early London has the NZD trading a whisker north of daily lows versus the USD from NZ$0.6075, propelling the NZD/USD currency pair through a descending resistance-turned-support level (extended from the high of NZ$0.6369). The decision point zone at NZ$0.6035-NZ$0.6056 calls for attention and may see traders begin locking in some profit if the area is tested, given the sell-stops tripped south of the higher low formed at NZ$0.6106 (11 September). The next major support level beyond the decision point to consider is around NZ$0.5991. Overall, per the above structure, the pairing demonstrates scope to continue exploring lower levels.
Short
by FPMarkets
NZDUSD to continue in the selloff?NZDUSD - 24h expiry There is no clear indication that the downward move is coming to an end. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 0.6120 will confirm the bearish momentum. The measured move target is 0.6090. We look to Sell at 0.6160 (stop at 0.6184) Our profit targets will be 0.6100 and 0.6090 Resistance: 0.6150 / 0.6160 / 0.6175 Support: 0.6120 / 0.6100 / 0.6090 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.
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by OANDA
2
NZDUSD → Trade Analysis | SELL SetupYou can expect a reaction in the direction of selling from the specified resistance zone NZDUSD moving higher as it tests the strong resistance level.. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Short
by TheGrove
7
NZDUSD to continue in the downward move?NZDUSD - 24h expiry Price action looks to be forming a top. Further downside is expected. Short term RSI is moving lower. Risk/Reward would be poor to call a sell from current levels. A move through 0.6200 will confirm the bearish momentum. We look to Sell at 0.6240 (stop at 0.6270) Our profit targets will be 0.6180 and 0.6175 Resistance: 0.6225 / 0.6240 / 0.6250 Support: 0.6200 / 0.6180 / 0.6175 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 forming a top?NZDUSD - 24h expiry Price action looks to be forming a top. Short term RSI is moving lower. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 0.6275 will confirm the bearish momentum. We look to Sell at 0.6300 (stop at 0.6330) Our profit targets will be 0.6220 and 0.6205 Resistance: 0.6300 / 0.6315 / 0.6325 Support: 0.6275 / 0.6250 / 0.6225 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
NZD/USD Top-Down Market Analysisvisit fourtrades.com for more Daily Timeframe: In the daily chart, NZD/USD is trading within a key resistance zone around 0.6340 to 0.6380. This zone has been tested multiple times, and the price is showing signs of potential rejection, with bearish pressure building up. Traders should watch for a decisive breakout above the resistance to confirm bullish momentum, while a rejection could lead to a downward move towards the support levels around 0.6295 and 0.6252. Key Levels: Resistance: 0.6380 Support: 0.6295, 0.6252 4-Hour Timeframe: In the 4-hour chart, we can see the price has broken below a rising channel, indicating a potential shift in momentum. The pair is now retesting a supply zone between 0.6340 and 0.6360. This level could act as a resistance, and if the price fails to break above this zone, we may see a continued downward move towards the next demand zone around 0.6290. Additionally, the footprint marked around 0.6320 shows an important reaction level. If this area holds, it could signal a continuation of the bearish trend. Key Observations: Bearish Channel Breakout Retest of Supply Zone (0.6340 – 0.6360) Potential targets: 0.6290, and possibly 0.6257 1-Hour Timeframe: The 1-hour chart shows the pair breaking below a bear flag pattern, a continuation signal of the previous bearish momentum. The price is hovering near the 0.6330 level, and there are two potential scenarios from here: Bullish Scenario: If the price pushes back above 0.6340, we may see a short-term move towards 0.6360 or higher. Bearish Scenario: If the price breaks below 0.6330 and holds, expect the market to test 0.6300 and then 0.6250. Traders should keep an eye on these levels, as they represent critical points for potential trade setups in both directions. Conclusion: NZD/USD is at a key inflection point. On the higher timeframes, the pair is testing important resistance levels, while on the lower timeframes, the breakdown of the rising channel suggests further downside potential. Traders should be cautious and wait for clear confirmations—either a break above resistance for long positions or a continued rejection for short trades. Keep an eye on the 0.6340 and 0.6290 levels for the next possible move.
Short
by FourtradesTV
NZDUSD STILL BEARISH >The New Zealand Dollar had an explosive rally last week, deeply penetrating and ultimately invalidating the highlighted supply zone, indicating the exhaustion of any remaining unfilled orders. >We can now observe five invalidated supply zones lined up on the chart. >Above these zones lies a high-quality, fresh supply zone, where significant stop-loss orders and a large volume of sell orders could potentially accumulate in anticipation of the upcoming FED speech on Thursday, which may act as a catalyst for a sharp drop. >The US Dollar Index remains undervalued (refer to my USD analysis for more insights). >Given that the NZD is currently overvalued, the price may soon seek reasons to turn bearish. For this to happen, a considerable volume of sell orders will be needed to trigger a downward move. ***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
Short
by TradersPod
4
NZD/USD "Kiwi" Bank Money Heist Plan on Bearish SideHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist NZD/USD "Kiwi" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High Stop Loss : Recent Swing High using 2hrs timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
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by Thief_Trader