Go Long NZDUSDBased on Inverted head and shoulders, coupled with the fib retracement (and other confluences) gives me solid belief that NU will go long within the next week Longby chrisjcooperjr1
NZD/USD Long-Term Bearish OutlookHello Everyone, The long-term trend for NZD/USD is bearish, and we can expect further downward movement over time. TradeWithTheTrend3344Shortby TradeWithTheTrend33443
NZDUSD - Long from trendline !!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 only for long position. My point of interest is if price go a little bit lower and then rejects from trendline + liquidity zone + institutional big figure 0.61000. Like, comment and subscribe to be in touch with my content!Longby Snick3rSD7
NZDUSD WILL FALL SELL FULL TP TRADETP------Full TP Manage SL during news time, intraday trade tp and sl mentioned not a financial adviceShortby ArehmanB2
NZD/USD BEST PLACE TO SELL FROM|SHORT Hello,Friends! Previous week’s green candle means that for us the NZD/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.607. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 115
NZD/USD Exchange Rate Falls from Nearly 5-Month HighNZD/USD Exchange Rate Falls from Nearly 5-Month High The NZD/USD exchange rate has dropped from its highest level in nearly five months. On Wednesday, following the release of US inflation data, the NZD/USD rate exceeded 0.6220 for the first time since 15 January 2024. However, today the rate has fallen approximately 1.3% from Friday’s peak, suggesting that the market's reaction to the US inflation news was overly emotional. According to Reuters: → Fed Chair Jerome Powell indicated a readiness to keep rates steady until clearer economic signals suggest a need for cuts. → Traders have reduced the likelihood of a Fed rate cut at the September meeting. Meanwhile, the Reserve Bank of New Zealand does not plan to cut rates at all in 2024. According to Trading Economics, any rate cuts are unlikely before mid-2025. Thus, the policies of the two central banks are balanced, and the current drop from nearly a 5-month high may be a return to a more balanced valuation after an emotional surge into overbought territory. The RSI indicator supports this view. Further technical analysis of the NZD/USD chart provides more valuable insights: → Since mid-April, the market has been in an ascending channel (shown in blue); → The June peak appears to be a false breakout of the April-March highs; → This week, the price failed to reach the upper boundary of the channel and fell sharply to the lower boundary – a bearish sign. The lower boundary may provide support after Thursday's decline, but if this only leads to a weak rebound, the channel could become more vulnerable to a bearish breakout. 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 FXOpen229
NZD/USD: Takeaways into ThursdayNZDUSD – Technical Overview The overall pressure remains on the downside, with the market stalling on attempts to move up into the 0.6500 area. However, there are indications that the market may be attempting to establish a longer-term base. To alleviate medium-term downward pressure and support this prospect, a break back above 0.6500 is necessary. A monthly close below 0.5800 would intensify bearish price action. R2: 0.6222 – 12 June high – Strong R1: 0.6200 – Figure – Medium S1: 0.6083 – 22 May low – Medium S2: 0.6031 – 15 May low – Strong NZDUSD – Fundamental Overview The New Zealand Dollar has benefited from the risk-on sentiment following the latest soft CPI print from the US, which has renewed demand for risk-correlated assets. However, rallies have been hindered by more hawkish communications from the Fed. Key highlights on Thursday's calendar include German wholesale prices, Eurozone industrial production, US producer prices, US initial jobless claims, and some Fed speak. Exclusive FX research from LMAX Group Market Strategist, Joel Krugerby BlackBull_Markets3
NZDUSD SELL TO BUYNZDUSD trends usually give a positive or negative percentage no lower than 3.0% and 5.50%. If the whole analysis is completely clear, you'd see the different technical analysis concepts I have incorporated to reach the conclusion of an initial short for a possible weekly trade.Shortby Sakhile888Updated 2
Short trade Wed 12th June 24 10.00am London to New York Session Observed major resistance level Entry 15min TF Sell side Entry 0.62032 Profit level 0.61443 (0.95%) Stop level 0.62230 (0.32%) RR 2.97 Shortby davidjulien369Updated 0
Bearish Harmonic on $NZDUSD daily chartThe NZDUSD shows a bearish harmonic on the daily chart. The pattern is valid up to 0.62613, above which the stop-loss—target is 0.59843. The weekly range high was reached yesterday. Shortby Teuwie1114
NZDUSD: Structure AnalysisNZDUSD: Structure Analysis After the stronger-than-expected NFP data on Friday, we saw the price moving down aggressively. Actually the price found a strong support zone near 0.6090 which seems to be also a critical zone for NZDUSD. A move below 0.6090 should push NZDUSD down further to 0.6045 and 0.5990 If the price develops above 0.6090 the chances will grow again for another bullish wave with targets/resistance zones near 0.6170; 0.6210 and 0.6270 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️by KlejdiCuniUpdated 3315
NZD/USD For Bullish after end of pull-back waveyou can go long now or wait for end of pull-back wave at red arrow or area between fibo levels 50:61 - General Trend is Up Trend - USD News Common Soon so Extreme volatility can be seen so be carful have fun :)Longby maxbayne0
NZDUSD - Short Trade IdeaNZDUSD recently displaced to the downside but quickly made a recovery and displaced above the swing of the recent drop. There was buyside liquidity in the form of equal highs that were swept, but the candle bodies seem to be respecting the bearish Orderblock. I am anticipating price now return to a discount, taking out the sellside liquidity below, into a weekly BISI. - R2FShortby Road_2_Funded3
NZD-USD Local Short! Sell! Hello,Traders! NZD-USD has hit a Horizontal resistance Of 0.622 from where We are already seeing a Local bearish reaction so We will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too! Shortby TopTradingSignals222
Long trade Mapping NZDUSD Mon 10th June 24 1Hr TF Day - Structure 15min TF 4.00am Tokyo to London Session Entry level0.61129 Profit level 0.61792 (1.08%) Stop level 0.60984 (0.24%) RR 4.14Longby davidjulien369Updated 334
NZDUSD SHORTSExpecting rejection from current supply level to a level of demand or support. Divergence on LTF for confirmation.Shortby Catchingpips_112
NZD/USDTechnical Analysis: NZD/USD The risk of this trade is low because it is in the direction of the main market trend But today GBP / CPI / FOMC news will cause a lot of TP and SL. {be careful} Entry prices: 0.61490 0.61572 Profit limit: 0.61184 0.60944 0.60576 0.60015 Loss limit: 0.62013 Before using this signal and analysis, be sure to check your analysis chart. Attention!!! In these analyses, only technical analysis is considered So be sure to check the basic news before entering. Attention!!! 100% does not exist in financial markets So don't enter this signal hoping for a definite profit.Shortby MrZaderamezanUpdated 223
NZDUSD WILL FALL SELL CPITP-1-------15Pip TP-2-------35Pip TP-3-------Full TP Manage SL during news time, intraday trade tp and sl mentioned not a financial advice Shortby ArehmanB0
NZDUSDwe analyze and review this currency pair in a monthly to 1-hour time frame and identify the important areas and then open a short trade.Shortby sepidehsky3
More Upside For Kiwi After A Pause New Zealand dollar (NZD) is declining against the US dollar (USD) since the end of last week when the US dollar surged following strong and unexpected jobs data, despite the US unemployment rate rising to 4%. Analyzing the updated wave structure, we observe that the price is trading outside of the upward channel, indicating that a correction is taking place. This is totaly normaly and expected as we can count a completed five-wave rise from April lows to June highs. Ideally, this current move is a temporary pause, forming a three-wave correction (ABC). Therefore, we expect a new upward resumption after this setback. The support levels to watch are the 50% retracement at 0.6035 and the 61.8% retracement at 0.6000, which also aligns with psychological and technical support levels from April's swing highs and May's swing lows.Longby ew-forecast1
ICT Long setup Swing Trade NZDUSD👋Hello Traders, Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Long setup in Forex: NZDUSD for Swing trade. Please refer to the details Stop loss, FVG(Buy Zone),open for take profit. For more ideas, you are welcome to visit our profile in tradingview. Since an important news about USD is coming, so small lot then small risk! Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!Longby ICT_Trader_SB4
Short NZD/USDOn the 1H time frame. Market is approaching Previous Resistance level, Downward trending 100SMA and sideways 200SMA. Key Fib level in line with SMA and resistance Shortby appletonfx220
SELL NZD / USD 45-53 pip profit (FXCLLC TRADER 14) Norman Sell NZD/USD entry 6140 looking for 45-53 PIP Profit below 200 EMA 1 HR Chart below 100 N 50 EMA ON 4 hr Chart "the Market will do the most amount of damage to the most amount of people " contrary to sentiment Shortby fxcllctrader140