NZDUSD - SHORT signal with low risk. USD should be stronger, new low set as a target.
Wyckoff Wave Indicators show that on last 3 highs the number of trading volume got lower - no more buyers. Sellers took control
Nzdusdshort
The NZDUSD price forecast update June 30thThe NZD/USD pair is trading around 0.60914. The price is currently below both the 100-period and 200-period moving averages, indicating a bearish trend.
There is a significant support zone around 0.60313 to 0.59926. This zone had previously acted as a support but has been broken and retested, indicating a potential shift to resistance. Immediate resistance is around 0.60824, just above the current price.
The price has recently broken through a significant support level (around 0.60824) and retested it, suggesting a potential continuation of the downtrend.
Summary: Right Now it indicates a bearish trend with the price trading below key moving averages and having recently broken a critical support level. Traders should look for selling opportunities on rallies to resistance levels, with potential downside targets near the descending support line around 0.59000. Always ensure proper risk management with stop-loss orders above key resistance levels.
What do you think ? Let me know in the comments
SIGNAL:
SELL: 0.60944 - 0.61085
STOP: 0.61168
TAKE PROFIT: 0.60295
TAKE PROFIT: 0.59948
NOTE: Trade at your own risk. Thank you
NZDUSD - Short active !!Hello traders!
‼️ This is my perspective on NZDUSD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for short position. I expect bearish price action from here as price can reject from bearish order block + institutional big figure 0.61000. As well we have hidden divergence.
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NZDUSDPair : NZDUSD ( New Zealand Dollar / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame
Falling Wedge as an Corrective Pattern in Long Time Frame
Break of Structure
RSI - Divergence
Fibonacci Level - 38.20%
NZDUSD to continue in the downward move?NZDUSD - 24h expiry
Previous support level of 0.6100 broken.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
Short term RSI has turned negative.
The measured move target is 0.6040.
We look to Sell at 0.6100 (stop at 0.6124)
Our profit targets will be 0.6040 and 0.6025
Resistance: 0.6090 / 0.6100 / 0.6125
Support: 0.6075 / 0.6050 / 0.6040
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 ON NZD/USDNice head and shoulders on the daily.
Clean break of the neckline and the previous day low.
Dxy is bullish and looking strong.
I will be taking the follow trade on NZD/USD
MARKET SELL NOW
ENTRY - 0.60781
SL - 0.61418 63 PIPS
TP - 0.58534 224 PIPS
NzdUsd formed a Triangle pattern to move down. (Swing Setup)Looking for Impulse Down.
NzdUsd getting ready to move down. It completed leg 5 with a triangle pattern. Now it will follow a way to complete another impulse. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments.
Learn & Earn!
Wave Trader Pro
NZDUSD UPDATEWe took a short position on NZDUSD 5 days ago and after some rally finally hit TP.
Looking for another opportunity to continue the trend.
NZDUSDNZDUSD analysis
Daily, 4-hour and 1-hour time frames
According to my analysis, the price will reach the entry point and enter the sale transaction.
NZDUSD 15MINPrice an impulse move to the upside gave a 15-minute mss. which is most likely going to fill the 4H imbalance.
NZDUSD - Long from trendline !!Hello traders!
‼️ This is my perspective on NZDUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price go a little bit lower and then rejects from trendline + liquidity zone + institutional big figure 0.61000.
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NzdJpy sellAs we can see NZDJPY have seen a Rally upwards now its on its Resistance level and will see a rally downward so we are sell baised
NZDUSD SHORTSExpecting rejection from current supply level to a level of demand or support.
Divergence on LTF for confirmation.
NZDUSD - Long after filling the imbalance !!Hello traders!
‼️ This is my perspective on NZDUSD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. I want price to continue the retracement to fulfill the imbalance and then to reject from bullish order block.
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NZDUSD 1H Short Trade - 1:6 RRRPair: NZDUSD
Action: Sell
RRR: 1:6
SL: 0.62053
TP: 0.60339
Indicators:
EMA200: The EMA200 serves as a critical indicator of the long-term trend direction.
MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend.
Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
nzdusd sell signal. 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
NZDUSD tm:1hHello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading.
I hope you will achieve maximum continuous profit with me by using supply and demand areas.
Good luck traders.
Mohammad Goodarzi
NZD/USD - Bearish Harmonic Pattern Signals Downtrend TrendThe NZD/USD currency pair is currently exhibiting strong bearish signals. A Bearish Harmonic Pattern has formed at a key resistance area, indicating a potential reversal. Additionally, a Bearish RSI Divergence on the 4-hour chart further supports our bearish bias.
_________________Technical Indicators_____________________
Bearish Harmonic Pattern:
The Bearish Harmonic Pattern detected at the key resistance level suggests a potential downward movement. This pattern is known for its high probability of signaling trend reversals, reinforcing our expectation of a bearish trend.
Bearish RSI Divergence:
The Relative Strength Index (RSI) on the 4-hour chart shows a bearish divergence, adding another layer of confirmation to our bearish outlook. The divergence indicates weakening momentum, suggesting that the recent upward movement is losing strength.
___________________Trade Setup_______________________________
Entry and Stop Loss
Entry Point: 0.61345
Stop Loss: 0.61535
The entry point is strategically placed below the resistance area to capture the expected downward movement. The stop loss is set slightly above the resistance to protect against potential breakouts.
Take Profit Levels:
To maximize potential profits, we have set three take profit levels:
TP-1: 0.61155
TP-2: 0.60965
TP-3: 0.60775
These levels are based on historical support zones and Fibonacci retracement levels, ensuring logical and technically sound exit points.
Conclusion:
The confluence of a Bearish Harmonic Pattern and a Bearish RSI Divergence at a critical resistance area strongly indicates a potential bearish trend for the NZD/USD pair. By following the outlined trade setup, traders can effectively capitalize on this anticipated market movement. Always ensure to manage risk appropriately and adjust stop losses and take profits as the market evolves.
NZD-USD | 30M LONG | TECHNICAL CHARTHello traders, I have determined the formation target on the chart. I wish everyone success.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Thank you for considering my analysis and perspective.
Good luck
NZDUSD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on NZDUSD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. My point of interest is if price makes a retracement to fill the imbalance and then rejects from bullish order block
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Swing Sniper Prints 15m Sell Signal for $NZDUSD30m sell signal printed by Swing Sniper. Just retested previous swing high. Should drop short from here to green line 0.6050 (previous demand zone)
NZDUSD → Trade Analysis | SELL SetupI have two options here; bullish continuation from here or bearish break.. Potential BEARISH move
! 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.
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NZDUSD to see a temporary move higher?NZDUSD - 24h expiry
Price action has stalled at good resistance levels and currently trades just below here (0.6050).
Price action looks to be forming a top.
We expect a reversal in this move.
Risk/Reward would be poor to call a sell from current levels.
A move through 0.6025 will confirm the bearish momentum.
We look to Sell at 0.6050 (stop at 0.6070)
Our profit targets will be 0.6000 and 0.5990
Resistance: 0.6040 / 0.6050 / 0.6075
Support: 0.6025 / 0.6000 / 0.5990
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.
