NZDUSDNZDUSD is in bullish trend.
Bullish divergence also shown in RSI.
Printing HH and HL.
No sign of reversal .
We buy at CMP.
NZDUSD trade ideas
NZDUSD - D1 H4 Short The target is going to be weekly lows.
The trends are all down
The stop is above the resistance seen on D1 H4
The risk reward is a basic 1to1 it seems, but with ODDS very in our favor: all higher TF trends are down + the resistance is very solid (3-4 times already price fell down from it) so it seems a 70%-80% odds trade, worth the take for the 1to1 risk reward.
NZDUSD LONGHello
Reason for trade:
* Regular flat formed (CORRECTIVE STRUCTURE COMPLETE)
* 61.8% fib retracement
* Engulfing candle formed (15 min TF)
* MACD divergence
NZDUSD H4: The bears steering down...NZDUSD H4: The position of the price in relation to the EMAs and to the TL confirms a bearish trend. While the price stays below the TL and the EMAs any short position is in the table. The Support at 0.55814 has been tested and the price had been above that since October 2022 what could give 2 options: another rejection level that may will have a short life(due the TL pattern) or will be break pushing the price further down. In that case a confirmation on that break is a must before any short entries. The RSI hovering around 45 may will test the 50 but with expectations of heading to an oversold level. The candles around the Support suggesting indecisions may represents the bears are preparing for a continuation but we have to wait. For any short entry around the support level will be wise to go for a tight SL so any weird volatility will not take much of our money.
GBP/USD Short, EUR/GBP Short and NZD/USD ShortGBP/USD Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/GBP Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
NZD/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NZDUSD Swing tradingWe're approching our zone of interest, if the price wil bounce we're gonna look for buys with Targets 0.5736; 0.5783. If we break the support we're gonna look for sells with final target 0.5366
Keep up to date!
NZD/USD 4H Timeframe AnalysisNZD/USD 4H Timeframe Analysis
Trend Analysis:
The NZD/USD pair is currently in a downtrend, having broken below the major key support level at 0.57800. Sellers pushed the price further down, reaching the next minor key support level.
Following this move, a doji candlestick formation appeared, signaling indecision in the market. This was followed by a bullish engulfing candle, which suggests a potential reversal. However, due to the strong bearish pressure, the price is now consolidating between the two minor key levels.
Price Action Expectation:
The strategy focuses on identifying a liquidity grab below the minor key support level before continuing with the downtrend.
Wait for the price to break below the minor key support and accumulate seller orders below the key area.
Anticipate a manipulation stage where the price moves up temporarily to hunt stop-loss orders placed by sellers in the liquidity zone.
Wait for the price to resume the downtrend with another breakdown below the minor key support level.
Trade Setup:
Place a sell stop order at 0.56130 to confirm entry upon the second breakdown.
Stop Loss: Set at 0.56560, above the liquidity zone for risk management.
Take Profit: Target 0.54690, yielding a favorable 1:3 risk-to-reward ratio.
Key Levels to Monitor:
Major Support: 0.57800
Minor Support: 0.56130
Target Support: 0.54690
Additional Considerations:
Look for a clear rejection or bearish candlestick pattern after the liquidity grab.
Monitor volume levels during the breakdown to confirm selling pressure.
Stay cautious of fakeouts and ensure proper risk management.
Conclusion:
NZD/USD remains bearish as it consolidates within the minor key levels. A confirmed breakdown below 0.56130, following a liquidity grab, would signal the continuation of the downtrend. Targeting 0.54690 provides a compelling 1:3 risk-to-reward ratio, making this a high-probability setup.
NZD/USD Stabilises Ahead of the HolidaysNZD/USD Stabilises Ahead of the Holidays
Forex trading is slowing down as the holidays approach, offering a pause after significant movements driven by various news events, including central bank decisions.
Notably, NZD/USD reached its lowest level since October 2022 at the end of last week.
The decline in NZD/USD has been influenced by two main factors:
1. The dollar gained momentum following the Federal Reserve's decision to lower the interest rate by 0.25% and its forward guidance for 2025.
2. According to Reuters:
→ New Zealand's economy contracted much more sharply than expected in the second and third quarters.
→ Market participants anticipate that the Reserve Bank of New Zealand may lower interest rates by 0.5% in February.
Technical analysis of the NZD/USD 4-hour chart depicts a bearish outlook:
- The 0.58 level, which served as support in November, turned into resistance in December.
- The price is currently hovering near the lower boundary of a descending channel that has been in place since October.
- The RSI indicator signals that the market is approaching oversold conditions.
While bears may attempt to extend the downtrend by pushing the price below last week’s low, this could create a divergence pattern on the RSI indicator, offering hope for a potential bullish reversal.
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.
SELL Signal – NZD/USD - Targeting 226 PipsEntry: 0.5764
TP: 0.5538
SL: 0.5889
Risk/Reward: 2.32
Reasoning:
Monetary Divergence: The RBNZ has paused rate hikes, weakening NZD appeal, while USD strength is supported by higher U.S. Treasury yields and reduced Fed rate-cut expectations.
Economic Weakness: New Zealand faces slowing growth, a weak housing market, and reduced demand from China.
Bearish Momentum: NZD/USD recently broke two long-term support levels, suggesting further downside toward the 0.5538 demand zone.
Strong USD: Global monetary easing (e.g., Switzerland, Canada, ECB) and policy concerns are bolstering the USD, further pressuring NZD.
NZDUSD BUYSwait for price to come to the OB. But during periods like this market tend to be slow. Lets see how it goes
nzdusdnzdusd accelerated its decline by breaking the falling trend channel last week. Now it is forming an inverted flag formation. After the formation is completed, our target will be 0.55130.
NZDUSD - Short + medium term direction predictionHigher Timeframe trend = Sell
Retail trader bias = Buy
Institutional bias = Sell
Short term target = retail trader stoploss zone
I would like to clarify that I dont trade with extended targets like the secondary and tertiary ones marked. This might be handy for people who leave runners on their trades.
Also keep in mind that I am only providing my own SUBJECTIVE potential target levels here. The best thing to do would be to drop down to lower timeframes and look for good areas of value to enter that are part of your own plan.
S : -9
C : 15,85 - 56,44
R : 75-25
Buy nzdusdStrong bullish coming
Daily , weekly oversold already
Just wait to sweep low then enter into buy
NZDUSD BuyA bullish trend combined with a break and retest in confluence with a Fibonacci golden zone area could see a push to the upside
NZD-USD Growth Ahead! Buy!
Hello,Traders!
NZD-USD is falling down
But the pair is locally
Oversold and as we are
About to see a horizontal
Support retest soon
Around 0.5500 level we
Will be expecting a
Swing bullish correction
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
NZDUSD M15 OUTLOOK (23/11/2024)The chart anticipates a retracement into the FVG and POI zone, followed by a possible continuation toward lower BOS levels.
NZD/USD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
NZD/USD pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 12H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.575 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
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NZD_USD SWING LONG|
✅NZD_USD is set to retest a
Strong support level below at 0.5550
After trading in a local downtrend from some time
Which makes a bullish rebound a likely scenario
With the target being a local resistance above at 0.5729
LONG🚀
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Bband_strategyWhen price goes back from the bottom line of the bad, go long, wait until it gets back to the middle line, this should be a 7/10 chance to win
NZD/USD Eyes Upside After 1-Year LowHello,
OANDA:NZDUSD has reached a new 1-year low at 0.56080, and from this point, the only direction appears to be upwards. The price is expected to move towards 0.574703, and if it manages to break and sustain levels above the 1-week pivot point at 0.580043, further gains could follow, with the next target being the 1-month pivot point.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Short trade
Day - Structure
1Hr entry
Pair NZDUSD
Sellside
Mon 16th Dec 24
LND to NY Session AM
8.00 am (NY time)
Entry 0.57716
Profit level 0.55994 (2.98%)
Stop level 0.58005 (0.50%)
RR 5.96
Reason: Price seems to be printing sell-side delivery, intending to balance out the price range and complete the cycle, chasing buy-side liquidity, in my humble opinion.
NZDUSD to continue in the downward move?NZDUSD - 24h expiry
Price action looks to be forming a bottom.
A Doji style candle has been posted from the base.
A higher correction is expected.
The bias is still for lower levels and we look for any gains to be limited.
Preferred trade is to sell into rallies.
We look to Sell at 0.5704 (stop at 0.5736)
Our profit targets will be 0.5623 and 0.5520
Resistance: 0.5705 / 0.5850 / 0.5960
Support: 0.5630 / 0.5520 / 0.5320
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.
