NZDUSD trade ideas
NZDUSD Will Go Up From Support! Long!
Take a look at our analysis for NZDUSD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.569.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.574 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Buy NZDUSDWith the weakening dollar and a change in trend in all XXXUSD pairs, this is a good bullish trend to the next resistance level. With Trump calling for further rate cuts this week, if rates do drop, that can catapult or tp.
MTF: NZD/USD pullback trade towards the Major trend4H major trend in a channel. ADX above 20 in 4H, showing a relatively strong trend.
Pullback identified on 1H. Price Rejected at 61.6 Fib retracement in confluence with VWAP rejection. As well as a clear divergence with RSI. Counter-trendline broken with a bullish engulfing candlestick pattern.
In 15 min: Falling wedge identified. Price broken above with volume, as seen on Volume delta.
If i ruled the NZD, This will be my swing viewNZD HTF 3M, Broke structure, by creating a new higher, ChOCH, currently correcting to Demand Zone, as per markings. but few options can still occur.
1. Go up and retest Supply on the weekly chart before falling
2. Go up and break the bearish trendline and push up continuously
At the time of writing US dollar is bullish on fundamentals with President DJT on the reigns
Nzdusd buy ideaNZDUSD is similar to the Aussie in terms of price action at the moment both has changed character in the 1hr time frame and have taken out inducement and currently they are reacting off the decisional orderblock with a 5min choch, i am going long on this pair
NZDUSD - Long active !!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 for a long. I expect bullish price action after price filled the imbalance and rejected from bullish OB.
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Bullish movement of NZDUSDAs we can see the price respected the Demand level and showed us buyers are starting to be in control of the market as we have a Change of Trend, which price broke above it thus giving us a new Higher high which is now being retested, so it's best to wait for a candlestick confirmation before entering buys
Market Analysis: NZD/USD Bounces Back: Are Further Gains Ahead?Market Analysis: NZD/USD Bounces Back: Are Further Gains Ahead?
NZD/USD is also rising and might aim for more gains above 0.5685.
Important Takeaways for NZD USD Analysis Today
- NZD/USD is consolidating gains from the 0.5650 zone.
- There is a major bullish trend line forming with support at 0.5685 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 0.5565 zone. The New Zealand Dollar broke the 0.5600 resistance to start the recent increase against the US Dollar.
The pair settled above 0.5650 and the 50-hour simple moving average. It tested the 0.5720 zone and is currently correcting gains. The pair corrected lower below the 0.5700 level. The NZD/USD chart suggests that the RSI is now approaching 40.
On the downside, immediate support is near the 23.6% Fib retracement level of the upward wave from the 0.5563 swing low to the 0.5723 high at 0.5685.
There is also a major bullish trend line forming with support at 0.5685. The first key support is near the 50% Fib retracement level of the upward wave from the 0.5563 swing low to the 0.5723 high at 0.5645.
The next major support is near the 0.5600 level. If there is a downside break below the 0.5600 support, the pair might slide toward the 0.5565 support. Any more losses could lead NZD/USD in a bearish zone to 0.5520.
On the upside, the pair might struggle near 0.5720. The next major resistance is near the 0.5735 level. A clear move above the 0.5735 level might even push the pair toward the 0.5780 level. Any more gains might clear the path for a move toward the 0.5850 resistance zone in the coming days.
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NZDUSD SHORTSNU, three touches but by the Falcon flag and the ascending channel inside of it, price also gave an arc at the top of the structure, my expectation as of now is a little tight flag correction for more sells to take place.
Bullish bounce off 50% Fibonacci support?NZD/USD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.5648
Why we like it:
There is a pullback support that lines up with the 50% Fibonacci retracement.
Stop loss: 0.5584
Why we like it:
There is a pullback support that is slightly below the 78.6% Fibonacci retracement.
Take profit: 0.5722
Why we like it:
There is a pullback resistance level.
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NZD_USD BULLISH BREAKOUT|LONG|
✅NZD_USD is going up and
We are already seeing a
Bullish breakout of the
Key horizontal level 0.5690
So we are bullish biased
And we will be expecting
Further growth
LONG🚀
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NZDUSD TRADE SETUPNzdUsd Market Price is breakout the trend line and wait for retracing Higher Low so I hope this week price is move up So now Wait for Retest the entry level and bullish momentum shift candle then take a trade for Buy othewise skip this setup
NZDUSD - LongTerm + MidTerm forecast, Technical AnalysisMonthly TimeFrame:
Weekly TimeFrame:
LongTerm forecast (Monthly Timeframe):
Price is in a Downtrend, But 0.5470 is a Major support.
Considering that this support line has not been broken since 2009, there is a high probability that the price will be rejected and a long-term upward trend will be formed.
But this process will also take years.
MidTerm forecast (Daily Timeframe):
0.57992 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach MidTerm targets.
Beginning of entry zone (0.5540)
Ending of entry zone (0.5470)
Take Profits:
0.5664
0.5750
0.5799
0.5863
0.5916
0.6036
0.6118
0.6259
0.6368
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NZDUSD - 23 Jan 2025 SetupNZDUSD Market structure are now on a Bullish mode. Spotted demand area (Green Rectangle). its the first demand area after the price breaking bearish structure.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
NZDUSDThe trend was bearish, but RSI made a bullish divergence, formed inverted Head and Shoulder, and broke the Resistance. Buyers get active.
NZDUSDhello everyone the price has reached the major support zone.. the price showing bullish momentum from the support area... the price will correct due to usd news.. but overall the price will likely remain bullish..
good luck
NZDUSD Will Go Higher! Buy!
Please, check our technical outlook for NZDUSD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.571.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.580 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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NZDUSD LONGNZDUSD has been in a downtrend for quite some time, price then failed to create a lower low which is an indication of possible change in trend. Currently price as broken passed a resistance level with multiple touches thereby creating an higher high. On the look out for pull back into fib levels and bullish reversal candle stick pattern for entry.
Risk is 0.5% of my account.
NZDUSD - DOUBLE BREAKOUT TO THE UPSIDE.Pair has broken out of pattern(s) and this comes with a strong momentum. Would likely see a strong push up to 0.5800 level (over a 100pips) in the coming days with other targets in view. But first level 0.57370 looks more certain intraday and "maybe" offer some resistance. We have the fib. retracement level 0.236 and megaphone upper trendline as obstacle. Would it pullback to resistance now turned support? Not sure, but would Long scalp at any given opportunity.
NZD-USD Bullish Breakout! Buy!
Hello,Traders!
NZD-USD was trading
Beneath the falling resistance
Line but now we are seeing a
Bullish breakout so we are
Now locally bullish biased
And we will be expecting a
Further bullish move up
Buy!
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NZD Possible Daily Future Formation?Now this may just be a big rationalization but i am curious to know what your guys thoughts are on this possible pattern.
With the dollars strong NFP data earlier today extending the price lower, the dollar also hit a large untested resistance on the daily timeframe. i am wondering if this could be a very sideways H&S in the event that the dollar rejects that daily level. The large buyside liquidity draws in the middle of structure also make me believe there could be a retracement to the upside on NZD.
This isnt a TP or SL idea, i am looking for the opinion of other fellow traders and what they may think the price action could be in the coming week.
Feedback is greatly appreciated. Kind feedback of course, Tradingview minds and ideas have turned into a battle ground over who is a moron for their idea and who is not lol.
If i am incorrect ill be waiting for that red bearish candle to blow through my computer screen and desk to then hit my toes. Lmk.
6# Swing Trade Idea2025Inverted Head and Shoulders pattern on NZD/USD. We anticipate a market structure shift (MSS) toward the upside, if the trade play out as anticipated then we wait for break and retest of the neckline to buy.
