NZDUSD trade ideas
NZDUSD - Potential BuyHi Traders,
Here is my view on CMCMARKETS:NZDUSD
BIAS: BUY
Logical Analysis:
From the 9th of April 2025 price has been rising, this makes me believe that the demand of this pair is very high and the BUYER is willing to pay a high price to get some.
Business has been great between 0.59 and 0.60 level.
I am wondering if the demand is till high?
Technical Analysis: see chart
Good Luck.
NzdUsd Trade UpdateNU shorts were published earlier with an update on why I was gonna go long! My main set up was to look for price break and retest below but instead price ended up coming back above the 1hr HL where structures were than flipped bullish. Once price CLOSED above 59450 that's when I decided to execute long positions on this pair! Targets were just at the next level with stops below structure! The set up played out well! I closed my profits once price got to the next level above. Solid rr.
NzdUsd Trade Idea/UpdateI published NU shorts and stated my reasoning for looking to go short on the pair. With NU flipping back bullish and closing above 59450 I've decided to go long with stops just underneath the level. IF all goes well we could expect the next level to get hit being at 59674. We'll see what happens.
NzdUsd Trade IdeaNU is currently sitting at a strong level of resistance. We do have a structure shift on the 15m at that level of resistance but the hourly is still showing signs of bulls taking over. In order for me to execute shorts here I'll have to see price break and retest below to confirm the shift in structure. We'll see what happens.
NZDUSD – Short-Term Push Lower ExpectedNZDUSD – Short-Term Push Lower Expected
🔻 Short Bias | 🎯 Target: 0.59060 | ⏱️ 15-Min Outlook
Currently watching this for a drop toward 0.59060. Price appears to be curling and momentum could follow through soon. I'm in the trade already, short setup in motion.
🚨 Not financial advice. Use your own judgment.
#NZDUSD #ForexTrade #PriceAction #ShortSetup #GlobalHorns #TradingView
NZD/USD TRADING PLAN – MAY 21 | RETEST OR CONTINUATION?NZD/USD TRADING PLAN – MAY 21 | RETEST OR CONTINUATION? 🔍
After several steady bullish sessions, NZD/USD is pulling back slightly from the 0.5961 resistance zone. The pair remains within a well-defined ascending channel on the H1 chart and is approaching a key support area around 0.5910 — a zone that could trigger a technical bounce and continuation of the current bullish trend.
🌍 MACRO CONTEXT:
The US Dollar Index (DXY) is showing signs of weakness following disappointing CPI and PPI data. This opens up room for commodity currencies like NZD to recover further.
Meanwhile, New Zealand's domestic consumption data has exceeded expectations, and the RBNZ continues to maintain a stable policy outlook — a medium-term bullish sign for NZD.
Market sentiment is leaning cautiously against the USD, especially as the Fed holds its “no cut but no hike” stance — boosting interest in alternative currencies.
📊 TECHNICAL OUTLOOK (H1):
NZD/USD is trading within an ascending price channel.
EMA 13 is above EMA 34 and EMA 200 — a positive short-term trend signal.
Two important zones to watch today are 0.5910 (key support) and 0.5961 (key resistance).
🎯 TRADE SETUPS FOR TODAY:
✅ SCENARIO A – BUY THE RETEST:
If price tests the 0.5910 zone and shows strong reaction:
BUY ZONE: 0.5910 – 0.5915
SL: 0.5890
TP: 0.5960 → 0.5980 → 0.6000 → 0.6006
→ This zone aligns with ascending channel support + prior FVG → strong rebound probability.
✅ SCENARIO B – BREAKOUT & CONTINUATION:
If price breaks and holds above 0.5961:
BUY SCALP: 0.5965 – 0.5970
SL: 0.5950
TP: 0.5980 → 0.6000 → 0.6006
❌ SCENARIO C – BEARISH BREAKDOWN:
If price fails to hold above 0.5910 and closes H1 candle below it:
SELL SCALP: 0.5900 – 0.5895
SL: 0.5915
TP: 0.5870 → 0.5850 → 0.5820
📌 FINAL THOUGHTS:
NZD/USD is at a critical decision point — this could be a retest before continuation to 0.6000 or the beginning of a deeper drop.
Watch the 0.5910 level closely to determine market direction.
⚠️ Risk management is key — high volatility expected as U.S. PMI data is set for release during today’s NY session.
🧠 Be patient. Let price come to your zone. React, don’t predict.
CURRENT OUTLOOK ON NZDUSDThe pair is in an uptrend and has broken out of its consolidation/correction phase, forming a bullish flag. This suggests the uptrend is likely to continue. We're watching for a potential retest of the broken structure around 0.59276, which could present a buying opportunity.
NZDUSD to find sellers at market price?NZDUSD - 24h expiry
Indecisive price action has resulted in sideways congestion on the intraday chart.
Pivot resistance is at 0.5925.
A move through 0.5875 will confirm the bearish momentum.
The measured move target is 0.5750.
Risk/Reward would be poor to call a sell from current levels.
We look to Sell at 0.5925 (stop at 0.5975)
Our profit targets will be 0.5805 and 0.5750
Resistance: 0.5925 / 0.5950 / 0.5975
Support: 0.5850 / 0.5800 / 0.5750
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NZDUSD Will Fall! Short!
Take a look at our analysis for NZDUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.590.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.575 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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NZDUSD SHORTI'm looking to short NZD/USD as a swing trade, and here's why.
The U.S. and China have agreed to ease some tariffs. That’s reducing global trade tensions, which is a positive for the U.S. economy—and could strengthen the dollar as investors shift toward safer assets.
At the same time, retail traders are heavily long NZD/USD. When the crowd is all on one side, the market often moves the other way. That’s a red flag.
Technically, NZD/USD is struggling to hold recent highs and starting to roll over. If we break key support and form a lower high, that’s my confirmation to enter short.
So I’ve got crowded sentiment, a weakening chart, and improving fundamentals for the dollar. It’s a clean swing short setup, and I’ll be waiting for confirmation with proper risk management in place.
Potential bearish drop?The Kiwi (NZD/USD) has rejected off the pivot that lines up with the 127.2% Fibonacci extension and could drop to the pullback support.
Pivot: 0.5933
1st Support: 0.5893
1st Resistance: 0.5968
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Bearish reversal?NZD/USD has rejected off the resistance level which is an overlap resistance that lines up with the 127.2% Fibonacci extension and the 61.8% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.5933
Why we like it:
There is an overlap resistance level that lines up with the 61.8% Fibonacci retracement and the 127.2% Fibonacci extension.
Stop loss: 0.5960
Why we like it:
There is a pullback resistance level.
Take profit: 0.5893
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
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NZDUSD – Sell Limit Near Pivot ResistanceTrade Setup
Type: Sell Limit
Entry: 0.5925
Stop Loss: 0.6000
Target: 0.5775
Duration: Intraday
Expires: 20/05/2025 15:00
Technical Overview
Price action is sideways and indecisive, forming a congestion zone on the 4H chart.
Pivot resistance sits at 0.5925 — a logical level for bearish entries.
A move through 0.5875 would act as early confirmation of downside momentum.
The measured move target from the range breakdown projects toward 0.5750; however, a more conservative exit is at 0.5775 for higher probability.
Risk/reward is favourable when selling rallies into 0.5925 vs current market price.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZDUSD potential 50 pip drop? NZDUSD 4h crossed the previous liquidity zone with strong false breakout giving a high probability for the price to form a potential inverted head & shoulder and may continue to drop to 0.5308 which may lead a 50 pip drop with market open as the market is in strong down trend.
A possible sell trade setup with market open is highly probable!
NZDUSD: Long Trading Opportunity
NZDUSD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long NZDUSD
Entry - 0.5880
Sl - 0.5857
Tp - 0.5918
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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