Chart pattern Marking is bullish we have a triangle pattern which broke me we continue with our bullish move Longby kenneth_FX0
NZDUSD Long Analysis 08/07/2024ICMARKETS:NZDUSD been a while since i posted. market trend is continuing upwards, you can see a bullish orderflow going on. htf demand area sitting around the .618 and 0.5 fib level got retraced and has moved up a hundred pips. just need a ltf confirmation for entry, you'll for sure find one during London session and personally i would hold until the -0.272 fib level because i usually experience pullbacks from that level (0.63030 is a good price target imo). i expect a breakout+retest at the trend line. this is just an idea.Longby abzilla0
NZDUSDNZDUSD - Had a trade on this pair last week as you can see , since then price has switched structures and is now bullish. With that being said for us to be able to take a trade on this pair price must push up a little further to then return and bounce off the zone and we are looking for a new higher low to be formed.Longby jahod0
NZDUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZare2
NZDUSD Weekly Forecast and AnalysisNZDUSD Weekly Forecast and Analysis Overview: As we approach the next trading week, the NZDUSD pair exhibits a promising bullish picture. Based on price action, we anticipate the price to find a strong support base near a minor resistance zone indicated on the chart, suggesting potential for further upward movement. Let’s dive into the detailed analysis based on price action and trend directions. Support and Resistance Zones: The key support and resistance zones marked on the chart above are very crucial areas for traders to constantly watch price action around these two key levels for the NZDUSD pair. Price Action Insights: Bullish Candlestick Patterns: The formation of bullish engulfing candles near the minor support zone will highlight strong buying interests among traders. The formation of this pattern around the minor support zone will act as a reliable indicator of potential continuation in the bullish trend. The NZDUSD pair has recently shown strong upwards momentum, leaving traceable signs of bullish trend continuation. Breakout Scenario: If the NZDUSD pair breaks above the highlighted resistance zone, we anticipate a very strong upward move whereby the price establishes a new weekly high, as shown on the chart. This breakout could be driven by sustained buying pressure and positive market sentiment among traders. Conclusion: In summary, the NZDUSD pair is poised for continued bullish movement in the coming week. The price action and momentum analysis support the expectation of a breakout above the highlighted resistance zone, leading to new weekly highs. Traders should monitor key levels closely and consider potential entry points aligned with the observed price action and trend indicators. Staying informed and adaptable to market changes will be crucial for successful trading. Invest Wisely, By Piptera Digital SolutionLongby Piptera-Digital-Solutions0
NZDUSD Technical Analysis! BUY! My dear subscribers, This is my opinion on the NZDUSD next move: The instrument tests an important psychological level 0.6096 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.6123 My Stop Loss - 0.6078 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 447
NZDUSD BUY SETUPPrice didn't continue downside after breaking the support but instead went back upside and break the last LH, which gives us indication that the pair is bullish and has more room to go up. Another confirmation is that DXY is bearish, so i will be waiting for the restest of the last LH we broke on NZDUSD and buy after a good bullish engulfing candle.Longby Biggaffer110
Opportunity of the next WeekI see that pair has the best opportunity of the week, it’s clearly that : the trend is downtrend because the Monthly SMT with AUDUSD, and already we get the MSS, so the price back to try touching the daily FVG and with the same level of the opening of the Month.( the position what we have now ). ( UNICORN MODEL). Then, the price will back quickly to take the swing low and rebalance the FVG + we have a breaker on the same level. Shortby TUNTrader11
Nzdusd possible buy position setupJuly started with a a bullish encounter for the KIWI. Checklist: 1. Major break of structure (4HR Choch) 2. Fair value gap 3. Demand zone 1 (marked w/ Dashed line) 4. Demand 2 (marked grey) 5. This move is a takeout of liquidity on daily. Note: Trading is risky. Manage your risk in a way that fits your emotions and financial Appetite. CPI week ahead. I shared this because I'm going to enter if price comes back to my zone and respect. Longby ZIPHO671
NZDUSD → Traders believe in the best outcome. NFP aheadFX:NZDUSD strengthens after a false breakdown. The change of the fundamental background leads to a change in the character of the market. Traders are looking at a breakout of 0.614 and growth in the future, but ahead of NFP... On D1 the price is not going to leave the sideways range yet, as we are told by the false breakdown and return to the channel with the subsequent formation of the impulse. Technically, on H4 a pre-breakdown consolidation is forming and the price is gradually pushing up to resistance, which may lead to a breakout and further growth. Fundamentally, based on previous data, traders expect Friday's employment report to show only 189K new jobs compared to 270,000 in the previous month, and unemployment to remain flat. But it's worth paying attention to the actual data. As a mild reminder of slowing economic growth could weigh heavily on the Fed. Resistance levels: 0.614 Support levels: 0.61, 0.608 Technically traders believe in the continuation of the growth. A break of resistance may trigger a rally. But unpredictable news may change the market mood and in this case active selling may start. Regards R. Linda!Longby RLindaUpdated 3311
NZDUSD: Short Signal Explained NZDUSD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short NZDUSD Entry - 0.6142 Sl - 0.6170 Tp - 0.6097 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals113
NZDUSD - MACD Divergence may lead to Bullish BreakoutNZDUSD formed bullish divergence on MACD and is testing a confluence of resistance level marked by falling trendline as well as significant horizontal level. If price breaks the resistance then we have good reason to assume bullish price action going forward.Longby marazzaq62Updated 4
NZDUSD Is Going Up! Long! Please, check our technical outlook for NZDUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.609. The above observations make me that the market will inevitably achieve 0.613 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 111
NZDUSD Short - Potential Downtrend ContinuatioEntry & Exit: Entry: 0.61465 Stop Loss: 0.61490 Take Profit:(Optional) 0.61389 Risk Management: Always practice proper risk management. Only risk a small percentage of your capital per trade. Risk Management: Always practice proper risk management. Only risk a small percentage of your capital per trade. Hashtags: #forex #forextrading #NZDUSD #shortselling Disclaimer: This is not financial advice. Please consult with a qualified financial advisor before making any investment decisionsShortby aymanelbr44444
NZDUSD Elliott Wave Hello friends In the NZDUSD currency pair, we see the formation of an Elliott Impal pattern (5 waves). Waves 1 to 4 have been completed. Wave 5 has formed a 5-wave pattern known as Ending Diagonal Triangle. This pattern has a 3-3-3-3-3 structure and is formed in waves 5 and C, and it follows a sharp and fast correction. This correction will be deep and fast. You can enter the SELL trade by breaking the upward trend line drawn at the bottom of the 5th wave. Don't forget the stop loss. Be successful and profitable. To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.Shortby M_Gheysvandi5
Will try againThe Dollar index is hitting a major resistance and losing the battle. This pair is forming an inverse HS and will try for third time in tow weeks to break out the upper vertex. I'm not sure if is goin to do it this time but price is sitting om 0.61 support zone. SL triggers if a weekly candle closes below the support. Longby ArturoLUpdated 1
Falling towards 38.2% Fibonacci support?NZD/USD is falling towards a support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6100 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement. Stop loss: 0.6069 Why we like it: There is a pullback support level which is slightly above the 78.6% Fibonacci retracement. Take profit: 0.6144 Why we like it: There is a pullback resistance level which aligns with the 161.8% Fibonacci extension. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.Longby VantageMarkets4
NZDUSD A Break Above 0.61130 can Push NZDUSD To 0.61500 NZDUSD complete a bullish wedge pattern the price can spend time in correcting again given that the focus for this week will be on FOMC minutes on Wednesday and the NFP Data on Friday, This can help NZDUSD rise Further During these days considering that the market may be speculate again regarding a possible rate cut from the FED in the September meeting. if you like this idea if you have on opinion so must write in comments . if like is idea so must be sure to fallow me. Longby MrCharlie1Updated 42
NZDUSD Massive Long! BUY! My dear subscribers, This is my opinion on the NZDUSD next move: The instrument tests an important psychological level 0.6071 Bias -Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.6109 My Stop Loss - 0.6047 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 223
Market Analysis: NZD/USD Set for Steady GainsMarket Analysis: NZD/USD Set for Steady Gains NZD/USD is showing positive signs and might attempt a fresh increase above 0.6120. Important Takeaways for NZD USD Analysis Today - NZD/USD is gaining pace above the 0.6100 support zone. - There is a major bullish trend line forming with support at 0.6100 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis On the hourly chart of NZD/USD on FXOpen, the pair started a steady increase from the 0.6045 zone. The New Zealand Dollar broke the 0.6090 resistance to start the recent increase against the US Dollar. The pair settled above 0.6100 and the 50-hour simple moving average. It tested the 0.6130 zone and is currently correcting gains. The pair corrected lower below the 0.6120 level. The pair also traded below the 23.6% Fib retracement level of the upward wave from the 0.6047 swing low to the 0.6128 high. The NZD/USD chart suggests that the RSI is still above 50 and signaling more upsides. On the downside, there is major support forming near 0.6100 and a trend line. The next major support is near the 50% Fib retracement level of the upward wave from the 0.6047 swing low to the 0.6128 high at 0.6090. If there is a downside break below the 0.6090 support, the pair might slide toward the 0.6065 support. Any more losses could lead NZD/USD in a bearish zone to 0.6045. On the upside, the pair might struggle near 0.6120. The next major resistance is near the 0.6130 level. A clear move above the 0.6130 level might even push the pair toward the 0.6165 level. Any more gains might clear the path for a move toward the 0.6200 resistance zone in the coming days. Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Open your FXOpen account now or learn more about trading forex with FXOpen. 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 FXOpen2210
Kiwi H4 | Approaching pullback resistanceThe Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6144 which is a pullback resistance that aligns with the 161.8% Fibonacci extension level. Stop loss is at 0.6170 which is a level that sits above the 61.8% Fibonacci retracement level. Take profit is at 0.6098 which is a pullback support that aligns with the 38.2% Fibonacci retracement 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.Short03:14by FXCM3
Short trade 3rd July 24 12.30pm NY Session PM Sellside Entry 0.61124 Profit level 0.60922 (0.33%) Stop level 0.61154 (0.05%) RR 6.73Shortby davidjulien369Updated 2
ADP Employment Data | US Forex Pair Pre AnalysisEmployment data coming out the US may provide an insight into the Labour Market and also the potential view of the FED and their policy stance. This kind of data can easily shift US pairs, so here are the areas for NZDUSD that I am looking at. Covering both the Tech and Fund areas.09:16by WillSebastianUpdated 3