It is still in a declining phaseIt will continue to fall, but is approaching the first support. If it does not break it, it will rise according to the scenarioShortby Saeed9663
Short trade Sell-Side Trade Details: Date: Tue 23rd July 2024 Session: Tokyo Session PM Time: 3:30 PM Entry: 0.59522 Profit Level: 0.58848 (1.13%) Stop Level: 0.59609 (0.15%) Risk-Reward Ratio (RR): 7.75Shortby davidjulien369Updated 1
NZD-USD Long From Support! Buy! Hello,Traders! NZD-USD went down but The pair will soon retest A horizontal support level Of 0.5854 and as the pair Is locally oversold I think That we will see a local Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals114
NZDUSDIts time for kiwi to start gaining in the market. I am personally favouring nzdusd buys. Price currently sits on a higher time frame orderblock. Good luck.Longby Xavier254113
NZD/USD BULLISH BIAS RIGHT NOW| LONG Hello, Friends! We are going long on the NZD/USD with the target of 0.603 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 115
NZDUSD bullish ideaA big resistence is there, I hope it will provide a good jump! Good luckLongby Sarka13
NZD/USD Drops as Odds of RBNZ Rate Cut Increase, What's Next?"Since the 18th of July, NZDUSD has dropped for 6 consecutive days. This is due to the increased expectations of a rate cut by RBNZ in the upcoming meeting (14th of August). What should we expect as the NZDUSD is approaching the 0.58600 support zone? 1. Current Situation Fundamental Analysis: - Expectations of interest rate cuts in August by RBNZ are rising (near future expectation of weakening NZD). - FOMC is expected to hold interest rates in August, but there is an expectation of 3 cuts soon (near future expectation of a stable USD). Technical Analysis: - NZDUSD is approaching the 0.58600 support zone, there might be a rebound as buyers enter the market and pause the drops. 2. Key Levels to be Aware Of Support Zone: - 0.57700 to 0.58000. If the price can hold above these figures, NZDUSD might have a chance to rebound. If the price breaks below the 0.57700 support zone, there will be a high chance that NZDUSD will continue a downtrend until it hits the next support at 0.55200. Short-term Resistance: - If the price rebounds, the nearest (short-term) resistance will be at 0.60500, followed by a stronger resistance at 0.62000. 3. Things to be Aware Of RBNZ & FOMC Policy Announcements: Any forthcoming statements or decisions from the RBNZ or FOMC will be crucial. For RBNZ, a confirmed rate cut or dovish tone could push the pair lower, while a more neutral tone could support a recovery."by ThinkMarkets11
NZDUSDWhat are the odds that this Pair will buy to those zones. we have a Break of Market structure and it went down for more liquidity. We join the market at the current market priceLongby itsGitauUpdated 0
NZDUSDPair : NZDUSD ( New Zealand Dollar / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure CHoCH RSI - Divergence Fibonacci Level - 78.60% Bullish Channelby ForexDetective225
He could not break the supportAlthough it reached the support, it was unable to break it, so we will have a rise in the coming days.Longby Saeed966222
NZDUSD | LONG Potential buy opportunity on NZDUSD One main opportunity along with a backup trade in case the 1st main trade failed. 1st Main Trade: Entry Price: 0.58890 SL: 0.58790 TP: 0.59300 R2R : 4.1:1 Backup Trade: Entry Price: 0.58822 SL: 0.58706 TP: 0.59300 R2R: 4.12:1 Good Luck Longby GADELKARIMUpdated 1
NZDUSD - BEARISH - UPDATEFirst Scenario Played Out Nicely, Watch The Second Scenario. Waiting For Confirmation To Look For Sells. I Expect NU To Die.Shortby Ismoo078Updated 3316
NZD_USD SUPPORT AHEAD|LONG| ✅NZD_USD has been falling recently And the pair seems locally oversold So as the pair is approaching a horizontal support of 0.5850 Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx332
NZDUSD bullish reversalNZDUSD being bearish for quite a long time making bullish divergence EP from 2nd last LH SL below last LLLongby fay_pasai1
NZDUSD: Wave b) is a triangle ? Target 0.7000?DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS by nmkvijay5
NZDUSD SHORTIf the NZDUSD breaks thedrawn area and move out of the small ascending channel then I expect it will go down to the drawn targets.Shortby SilverFox_IdeasUpdated 3
NZDUSD Buy IdeaOANDA:NZDUSD has formed bullish divergence on 1H timeframe indicating a potential upside move. It is currently trading over premium fibonacci levels of 78% of daily timeframe and price is on weekly ascending trendline increasing the chances of potential retest and bounce up from this level. We can look for buying setups at this price range.Longby haider_aabbasUpdated 2
NZDUSD Multi TF Analysis 26/6/2024M1 Rejection. W1 V shape trending down. SL - 0.62266 TP - 0.59346Shortby LawrenceWongWBSUpdated 1
Short trade Sell-Side Trade Details: Date: Tue 23rd July 2024 Session: Tokyo Session PM Time: 3:30 PM Entry: 0.59522 Profit Level: 0.58848 (1.13%) Stop Level: 0.59609 (0.15%) Risk-Reward Ratio (RR): 7.75 #Trade model based on supply/demand#Shortby davidjulien369Updated 552
NZDUSD - BEARISH MOVE Hi Traders ! On the daily time frame, the NZDUSD broke the support level (0.60023 - 0.59777). This key level becomes a new resistance level ! So, I expect a bearish move📉 _____________ TARGET: 0.59040🎯Shortby Hsan_BenhmedUpdated 7717
NZDUSDbullish idea for NU, downtrend losing strengh, and good zone for buying and do a good RRLongby menarafamn113
NZDUSD H1 I Bullish BounceBased on the H1 chart analysis, we can see that the price has just bounced off our buy entry at 0.5918, which is a swing-low support. Our take profit will be at 0.5937, which is a pullback resistance level close to 61.8% Fibo retracement. The stop loss will be placed at 0.5905, which is a multi-swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Longby FXCM0
NZD/USD Tests Key Support: Potential Drop to 0.57 if BrokenHello Everyone, The NZD/USD has surpassed our previous bearish targets and is now testing yearly support levels. This support is expected to hold; however, if it fails, we could see the price drop as low as 0.57. The direction going forward depends on how well the strong yearly support at 0.589779 performs. TradeWithTheTrend3344Longby TradeWithTheTrend33442