✅NZD_USD LONG FROM SUPPORT🚀 ✅NZD_USD will soon retest a key support level of 0.6067 So I think that the pair will make a rebound And go up to retest the supply level above at 0.6131 LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx114
New NZD Weakens as Inflation Expectations Hit Two-Year LowNew Zealand Dollar Weakens as Inflation Expectations Hit Two-Year Low In early European trading on Monday, the New Zealand dollar declined against the US dollar and lagged behind most other major currencies after reports indicated that business inflation expectations for the current quarter had dropped to their lowest level in two years. Technically : The price has a bullish trend as long as trades above 0.6006 toward the first station of 0.6050 and then should break that to continue the bullish trend till 0.6075, otherwise reversing to stabilize under the pivot zone which is between 0.6006 and 0.5994 will get 0.5980 and 0.5943 Pivot line: 0.6006 Resistance line: 0.6050, 0.6075, 0.6106 Support line: 0.5980, 0.5944, 0.5882 Movement range will be between 0.5994 and 0.6050Longby SroshMayiUpdated 6
NZD USDPrice is moving sideways, which suggest we should wait and watch for breakout on either sides. Will have to keep an eye on this script as breakout on either sides will further confirm the bias. if one order is executed we will have to cancel the other order manually.by TRADETITANWAQAS0
NZD/USD Primed for Bearish Movement, Eyeing Lower SupportsHello Everyone, The NZD/USD appears poised for a bearish trajectory, potentially retracing to retest lower support levels, with the likelihood of testing the 1M PP once more. TradeWithTheTrend3344Shortby TradeWithTheTrend33442
NZDUSD LongsLooking for NZDUSD to run some major liquidity zones before thinking of reversals. Until than, I am long. Weekly EPA, price has done all it needs to in current zone. Longby CEOInvesting2
NZDUSD - Buy-Stop- Right now, the pair is in a consolidation phase - Since the previous trend is bullish, so looking to buy if resistance is broken - Bullish Divergence also can be seenLongby rehmanrafique1
Kiwi Upside Bias Strengthened after Hawkish RBNZThe Reserve Bank of New Zealand delivered a hawkish hold on Wednesday, as it raised the OCR forecast to 5.7%, leaving room for further tightening. Policymakers believe that longer restriction may be needed to achieve the 1-3% inflation target and also upgraded their forecast, expecting CPI to fall less and slower than previously thought. The US Fed meanwhile has adopted a cautious stance towards removing monetary restraint, due to stubborn inflation this year, strong economy and robust labor market. The central bank is still widely expected to lower rates this year though. Most commentary - including from Chair Powell - has dismissed prospects of rate hikes, pointing to the need that sustained restrictive stance to control inflation. The monetary policy differential favors the Kiwi, since RBNZ has kept more tightening in play, whereas its US counterpart has hinted to cuts. NZD/USD is on the driver’s seat with the ability to tackle 0.6219, although news 2024 highs, but further gains towards 0.6412 have higher degree of difficulty. On the other hand, the Fed’s apprehension provides support to the greenback and this can create pressure back toward the EMA200 (black line). Daily closes below it would pause the upside bias, but sustained weakness below it does not look easy – fundamentally and technically as the daily Ichimoku looms. 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 (trading as “FXCM” or “FXCM EU”), 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. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results. Longby FXCM1
Kiwi H4 | Potential bullish bounceThe Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6089 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.6060 which is a level that lies underneath a pullback support. Take profit is at 0.6152 which is a pullback resistance. 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. 70% 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.Long02:40by FXCM3
NZD-USD | 30M LONG | TECHNICAL CHARTHello traders, I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Thank you for considering my analysis and perspective. Good luck Longby TraderTilkiUpdated 1
Strifor || NZDUSD-21/05/2024Preferred direction: BUY Comment: The bullish mood remains for the New Zealand dollar. We will most likely see growth here in the very near future. The focus is on level 0.61670 , which is expected to be broken in the very near future. However, the price is unlikely to go too high given the prevailing technical factors. Therefore, it is preferable to take profits near this resistance, despite the slightly greater potential that this instrument may show. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Longby Viktor_strifor_analystUpdated 112
Will Nzd continue to edge up till June?Every 5 and a half months (162-167 trading days), Nzd tops out over the Usd, than wedges down only to repeat the process thru 3 cycles since at least February 2nd. It will be interesting to see whether this pattern will continue into next month. If it can break its current channel i see this run ending before mid June.Longby GRAFFITIKNYGHT110
NZDUSD after the correction is ready now to move to 0.62000 NZDUSD Price : 0.6103 Trend : UP Transaction : Buy Technical analysis reason : prices getting strong support from daily upward trend line and H1 support level. Technical analysis failure at level : 0.60660 Technical analysis success at level : ( Target : 0.6200 )by Algo0UAE1
NZDUSD DAILY CHART ANALYSISHello traders, here is a setup of NZDUSD as you can see the price created a falling wedge pattern which signals a bullish reversal and the price has already broken the structure or the pattern so now I will wait for the price to pullback into the resistance zone that will act as support and look for bullish reversal patterns or candle sticks in the support zone.Longby dlaminisya0
SELL NZDUSD 50 PIPS TARGET 50 PIPSSell NZDUSD 50 pips in target the pair has down trend good luckShortby Fxjanas113
Missed the NZD trade? What's next? As expected, the Reserve Bank of New Zealand (RBNZ) kept interest rates unchanged yesterday but did provide some surprises to the market; extending the timeline for a potential rate cut, and even noted its consideration of a rate hike. This unexpectedly hawkish stance sent the NZDUSD higher. Before the announcement, markets saw an ~80% chance of a rate cut by November, but this probability has now dropped to ~50%. Despite this, bullish momentum seemed capped. After probing above 0.6117 several times (with diminishing conviction), buyers turned into sellers. Governor Orr's comments during the post-decision press conference were perceived as slightly less hawkish, which helped push the price back down. Additionally, over in the US, minutes from the two-day Federal Open Market Committee meeting ending May 1 showed that while participants felt the policy was “well positioned,” several officials expressed a willingness to tighten policy further if necessary. If the price declines, the next key target could be the 100-day moving average at 0.60712, which coincides with a 50% Fibonacci retracement level. However, support is potentially located at .6083 before this, with resistance kicking in at the session high above .6150.by BlackBull_Markets4
NZDUSD BEAR PUTSOrders Placed, no pending, all executed in time before the market made an impulsive move to the down side. Aim for a 50% retest zone, then call for buys on corrections, and sell again on impulsive move targeting PSTG 1 & 2Shortby Themba_PM2
NZDUSD - In Uptrend with AB = CD Harmonic PATTERNNZDUSD chart in 4h time frame is in uptrend and there is a Bearish divergence observed. But there is no any clear reversal pattern Hence I'm using AB = CD Harmonic Pattern to cross check Potential Reversal Zone which is confirmed by "D" point. So there is high chance of reversal. Therefore I'm taking short entry with Sell Stop Order on the breakdown of last Lower Low Level with stoploss above at last Higher High level.Shortby qasimtahir3
NZDUSD WEEKLY VISIONBig Sell Opportunity, NZDUSD Looks Like It Can Drop a Million Pips.Shortby Ismoo078Updated 2
NZDUSD:Hawkish RBNZ and Potential UpsidesHey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60750 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.60750 support and resistance area. Last night the RBNZ did consider raising rates which should give a boost to the kiwi meanwhile on the other hand the macro environment of the dollar is soft after the current progression of CPI in the US. Trade safe, Joe.Longby JoeChampion7
NZD//USD - Sell Zone !! It is in a delicate sales area... Apparently it came in a bit aggressively. Let's hope for a small pullback to break through the high! The entry pattern is up to you. Keep it Simple! If you liked it, don't forget to follow me! :) Longby DAISTRUM1
NZDUSD- Under tight consolidation before breaking out!NZDUSD- Under tight consolidation before breaking out! -Consolidation zone. -Engulfing candle confirmed. -Key level and trendline resistence. -Chart pattern support.by phanvinhhai221
NZD USDPreviously made a double top. could possibly come down. taking entry on break of previous Higher low.Shortby TRADETITANWAQASUpdated 222
NZDUSD MAY GO BULLISH FROM 0.61035 LEVELIf price is offered at 0.61035, a buy opportunity is envisaged . Price is currently falling to our buy price at 0.61035 level where we look forward to going long.Longby Cartela0