NZD_USD RISKY LONG| ✅NZD_USD is trading in An uptrend and the pair Broke the key horizontal Level of 0.6212 so we Are bullish biased and We will be expecting Further growth LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx111
NZDUSD - Ready for Explosive Break outNZDUSD had been trading with in corrective triangular range for some days. Now we had a volume powered break out from this range. Price is expected to retrace from resistance of long term trend line and then explode out of long term trendline too.Longby marazzaq621
NZDUSD Bearish for short time and Bullish for long timeThe NZDUSD in weekly chart shows that it has given breakout of the Symmetrical triangle pattern and Is currently at another resistance level(red line) . Before it moves to higher price it need correction as it has run a lot in last week after the small correction, the price may break this Resistance. Have profitable trade !Longby CHMVIZ0
NZD/USD Daily AnalysisSince printing a double bottom at 0.5877 we have seen a strong NZD against a weaker USD. Price closed above d0.6210 daily resistance on Friday with the next resistance level at 0.6360 in sight if the bias continues.by FusionMarkets3
NZDUSD Is Approaching The Weekly Resistance and USD SeasonalityHey Traders, in tomorrow's trading session we are monitoring NZDUSD for a selling opportunity around 0.62500 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.62500 support and resistance area. Trade safe, Joe.Shortby JoeChampion10
nzdusd analysis elliot. 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 tradeShortby wavesscoutforex114411
NZDUSD: Important Breakout 🇳🇿🇺🇸 NZDUSD successfully broke and closed above a major daily resistance cluster. Then broken structure turns into support now. I think that the market will continue growth. Next resistance - 0.6266 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader101011
Waiting for a retest near new supportGold is still bullish at the moment until after the US election, this analysis is based on correlation of Gold with Kiwi. My recent analysis of last month of this pair of a possible short played out in the opposite direction. But coming into a new month and into the end of the Quarter I see price being still bullish and trending towards last years high and major resistance (0.65204).In my opinion a possible retest near 0.6200 near the 13 and 50 ema with clear bullish signals could signal a clear uptrend continuation which could possible trend until reaching a new resistance which is near last years high. by KhoraCapital1
NZDUSD moving higher now**Monthly Chart** NZDUSD last month's candle closed as a bearish high test after sweeping liquidity above 0.62000 level (Round number). This month (July 2024 - Still active) tested the midway of the previous month's candle and pushed to May 2024 (bullish candle) Demand Zone. It is also April 2024 low. **Weekly Chart** Last week NZDUSD closed lower after an aggressive sell-off for the past two weeks. The candle closed as a bearish candle. This week I will look for a buy setup around the demand zone if there is a low-risk entry on lower time frames. **Daily chart** This week, I will wait for the price to take liquidity below the 0.58858 level before entering long. Wait for the price to tell you when on lower time frames (ie. 4H and 1H).Longby PropSignalsUpdated 9
Long trade Trade Details: Entry Price: 0.60946 Profit Level (Take Profit): 0.62202 (2.06%) Stop Level (Stop Loss): 0.60679 (0.44%) Risk-Reward Ratio (RR): 4.7Longby davidjulien369Updated 1
NZDUSD is BearishPrice was in a strong uptrend, however the bearish divergence on four hourly time frame hints that bears are trying to gain control. First lower low is printed successfully, and if that breaks then we can expect further slide in the price action. Targets are mentioned on the chart. Shortby Fahad-Rafique0
NZD/USD SELLERS WILL DOMINATE THE MARKET|SHORT Hello, Friends! We are going short on the NZD/USD with the target of 0.603 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals113
NZD is ready to be sold against the USDI don't love engulfing candles but I like the pin bar the day before yesterday. I think the rally has stalled here and the kiwi should pull back at least to .61. I suspect it'll go lower but I'll be managing my trade pretty closely if it goes my way and gets to 61 cents. My stops are alway 1.5x average daily range on reversal trades like these. Obviously I only have one idea at the moment and it's to fade dollar weakness around here so need to be mindful of total risk allocation across any of these trades (correlation of course). It's one trade against a few different pairs and they might just be wrong altogether. Shortby Oldrope4sale1
NZDUSD Sell SetupThe NZDUSD pair has hunted major liquidity in the higher time frame, which is causing a reaction, or at least some signs of it, in the lower time frame. We're currently watching the 15minute chart, where we expect to see some bearish movements. The bearish change of character in the lower time frame can be considered the first confirmation for setting up a sell position for this pair. Here are the levels I would set: Entry level: 0.61548 Stop loss: 0.61716 Take profit: 0.61330 Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.Shortby Biaxar1
Bearish drop?The Kiwi (NZD/USD has reacted off the pivot and could fall to the 1st support which has been identified as a pullback support. Pivot: 0.6152 1st Support: 0.6090 1st Resistance: 0.6214 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets5
nzdusd on a Bullish retracement during this week we have seen enough buyers coming in and pushing the SEED_DONKEYDAN_MARKET_CAP:PYTH : NZDUSD on its bullish trend I have been trading this current since it produced the bullish pin bar signifying that the sellers were out of the market and more buyers were coming in so once it has (BOS) of my (FVP )to the upside I will be with the bulls this week till I hit my nearest unmitigated O.B @0.61112 This area also is the extreme Premium so we might see some turbulence to the downside but that,s for next week as for now am all bullish.tp @0.61112 Longby queUpdated 3
NZDUSD bearish reversalNZDUSD making bearish Head & Shoulder reversal Bearish Divergence EP below the neckline SL above the HeadShortby fay_pasai3
NZD/USD Potential for UpsideNZD looks to be gearing up for some more bullish action against Greenback. I think we have a decent trade setup here. Entry: 0.5950 Targets: 0.6034 & 0.6118 Stops @ 0.5866 Risk to reward is 1:2, this trade setup has a lot of potential considering the last weeks NFP data came out pretty weak from a fundamental stand point and I believe If the price holds up above 0.5850 further gains to the upside are very likely.Longby Trader_97Updated 112
nzdusd demandfresh Here we have a demand zone that is still untouched and we expect the price to return from here depending on the reversal candle in this area, if it gives a good stabilization, target 1 is available, but we also have the possibility of touching target 1 from this area. You say the next currency for analysisby coinchik112
NZ dollar slips ahead of retail sales, Powell’s speechThe New Zealand dollar is drifting on Thursday. In the North American session, NZD/USD has fallen to 0.6132 at the time of writing, down 0.41% on the day. The New Zealand dollar continues to have its way with its US counterpart and has soared 4% since July 29. The markets are braced for a downturn in retail sales for the second quarter, with a market estimate of -1%, following a 0.5% gain in the first quarter. The New Zealand economy has been struggling and weak retail sales in June drove the Services PSI lower to 40.2 in June, compared to 42.6 in May. A reading below 50 indicates contraction. High interest rates have weighed heavily on economic activity and consumers have cut back sharply on discretionary spending. In the US, the FOMC minutes of the July meeting reaffirmed that the Fed is headed towards a milestone rate cut at the Sept. 18 meeting. Most of the Fed officials at the meeting favored reducing rates next month, provided that that data “continued to come in about as expected”. The markets have fully priced in a September cut, which hasn’t happened since the onset of the Covid pandemic. The annual Jackson Hole symposium is often little more than a photo-op but this year promises to be different. Next month, the Federal Reserve is poised to deliver its first rate cut since March 2020, likely in the form of a quarter-point cut. There is an outside chance of a large half-point cut, which would become more likely if the next jobs report on Sept. 6 points to further cooling job growth. NZD/USD is testing support at 0.6147. Below, there is support at 0.6100 The next resistance line is 0.6209by OANDA1
NZD/USD Approaches Resistance: Are Shorts the Next Move?The NZD/USD pair has reached a key supply area around 0.6168, which coincides with a significant resistance zone on the daily timeframe. This area has attracted attention due to the confluence of several technical and fundamental factors. According to the latest Commitment of Traders (COT) report, retail traders are increasingly taking long positions in the pair, while fund managers are moving in the opposite direction, positioning themselves short. Additionally, commercial traders, who typically represent larger institutional players, are beginning to reduce their long positions, suggesting a shift in market sentiment. This shift aligns with broader market indicators, including seasonality patterns and oscillator readings, which both support the case for a potential short setup. The seasonality analysis indicates a period of historical weakness for the NZD/USD pair, while oscillators suggest that the recent upward momentum may be losing steam. Given these factors, the supply area around 0.6168 presents a compelling opportunity for traders looking to capitalize on a potential downward move. The combination of technical resistance, COT positioning, and seasonal trends all point towards a possible short setup in the near term. As always, traders should monitor these levels closely and consider risk management strategies to navigate the evolving market conditions. ✅ Please share your thoughts about NZD/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.Shortby FOREXN1118
Analysis of NZD/USD: Price Approaches Key Resistance ZoneAnalysis of NZD/USD: Price Approaches Key Resistance Zone The NZD/USD chart today shows that the New Zealand dollar has risen by over 3% against the USD in less than a week. From another perspective, the NZD/USD rate has climbed more than 5% from its August low. The volatility in the exchange rate was influenced by the Reserve Bank of New Zealand's decision to cut interest rates, as reported on 14 August. Technical analysis of the NZD/USD chart reveals: → The current bullish sentiment has pushed the RSI indicator from the oversold into the overbought zone. → The 0.60770 level, which marked the peak on 13-14 August, may now act as support following its bullish breakout on 19 August. More notably, the NZD/USD rate has entered a resistance zone (marked in purple), formed by trendlines drawn through key highs of 2023-2024. This could potentially slow the upward momentum. As a result, the NZD/USD chart might continue to see significant fluctuations between this resistance zone and the critical support at 0.588 (a level where the price has repeatedly attempted, but failed, to break below over the past 12 months). Investor attention now shifts to Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium on Friday, which could trigger a surge in volatility and provide insights into how strongly the resistance zone is impacting the NZD/USD rate. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. by FXOpen226