Buying NZDUSD on dips.NZDUSD - 21h expiry - We look to Buy at 0.5630 (stop at 0.5555)
Previous support located at 0.5630.
Previous resistance located at 0.5700.
Further upside is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.5700 will confirm the bullish momentum.
Our profit targets will be 0.5780 and 0.5800
Resistance: 0.5700 / 0.5780 / 0.5800
Support: 0.5630 / 0.5600 / 0.5575
Disclaimer – Saxo Bank Group.
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Nzdusdshort
NZDUSD - Short from bearish orderblock ✅Hello traders!
⁉️This is my analysis on NZDUSD.
Here we are still bearish, so I am looking only for shorts. I expect price to make a retracement to fill the imbalance and then to reject from bearish orderblock.
Like, comment and subscribe to be in touch with my content!
NZDUSD M30: Bullish outlook seen, limited upside above 0.55900On the M30 time frame, prices are approaching the support zone at 0.55900 which coincides with the 61.8% Fibonacci retracement level and ascending trend line. A throwback to this 0.55900 support zone presents an opportunity to play the bounce to the next resistance zone at 0.5650. This resistance zone is also a graphical resistance zone in line with the 78.6% Fibonacci extension. Prices are holding above the 50 EMA as well, supporting the bullish bias.
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#NZDUSD
- NZDUSD has been going down very fast in recent days. The reason for that is because of the VIX UP and the strength of the dollar. But because the MARKET RISK was ON in the previous few days, COMMODITIES also went UP very fast.
Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due to MARKET RISK ON again this week. For that, the influence of USD was very strong. Fomc update also affected it strongly this time.
- Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly.
- Anyway, NZDUSD can sell further until it reaches 0.5472 LEVEL..
After that, you can BREAK the TREND LINE and move to the NZDUSD 0.5875 LEVEL.
Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
AUDUSD and NZDUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NZD/USD Bearish Momentum Continues...Hello Traders
Last week, USD got gains with NFP and unemployment results.
Also, sentiment around the USD is still bullish so we believe USD is shining even more in the following week.
USD Inflation result will be crucial for market movements.
So here is why we are bearish on NZD/USD:
1- RSI and Stochastic are declining (4hr TF).
2- Price has broken a bear flag(correction zone) and will continue in bearish momentum.
3- Macro momentum is still bearish.
4- No local higher high indicates that bearish momentum will continue.
Targets have been shown in the chart.
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Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
NZD USD Technical AnalysisThis pair is the New Zealand Dollar vs. the U.S. Dollar. It is often referred to as trading the “Kiwi” because the $1 coin depicts the Kiwi bird. In 2012 the Reserve Bank of New Zealand intervened to devalue the Kiwi because it had appreciated so much. It is the 10th most traded currency in the world.
NZDUSD H1: Bearish outlook seen, further downside below 0.5810On the H4 time frame, prices are approaching the resistance zone at 0.5810, in line with the 38.2% Fibonacci retracement and 61.8% Fibonacci extension. This resistance zone is also a graphical support-turned-resistance zone that has been respected multiple times. A pullback to this resistance zone at 0.5810 presents an opportunity to play the drop to the next support zone at 0.5680. This support zone is also the graphical swing low that coincides with Fibonacci confluence levels. Stochastic is approaching resistance as well, in line with prices.
NZDUSD: Intraday and Swing ideas for this weekHi Traders,
This is my view for this week on:
- NZDUSD
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
NZDUSD is in new sell zone!!NZDUSD 4h has broken out of the local structure creating an overextended to the opposite direction of the trend giving up another selling opportunity. As the long-term trend is bearish and the daily price is in retracement level, and as current session, the 4H candle just has closed with strong bearish engulfer giving us a sell signal according to the rules of our strategies :)
Press the like button if you enjoy this content :)
NZDUSD: two liquidity zones from which I'll go shortHi Traders,
This is my view for this week on:
- NZDUSD
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
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NZD/USD likely to fall!Hey tradomaniacs,
NZD/USD has re-tested a strong resistance-zone aswell as the current trendline.
Also see how price moves to the previous PoC, which could act as a resistance here.
Overall a great spot to short if we get more risk-off in equities.
Technically its good to wait for a break below the lower resistance-line of the zone to get a g ood confirmation as this would define a fakeout.
Let`s see =)
NZD/USD :: Corrective movements on the middle line .NZD/USD :::
Purple channel :
In the time frame of 1 hour, the price has been moving above the channel for some time and from now on it is expected that the price will move on the middle line or below it (bottom of the channel) .
_ After the complete failure of the channel, the price will continue its downward trend .