NZDUSD SELL SETUPNU had an impulsive sell off breaking structure. Watch for the pull back or retest opportunity for the next bearish wave!Shortby TheForexWave4
NZDUSD TRADE SETUPWait for retest the key level then take a trade for Sell otherwise skip this setupby JinnatAlamSumon7
Looking at NZDUSD Price ActionsLet's Read the NZDUSD Market Price Actions and Decide to What gonna do in next days, Good Luck With Your Trades <305:48by FXSGNLS2
Nzdusd 4hr analysisPrice has reached an unmitigated demand zone. As per strategy, price moves from internal to external liquidity. Price has taken out a weekly low that was above this visible demand zone. Remember we had negative nfp causing more rise for the Kiwi, which led to a retracement after the event due to market exhaustion, reaching out for more external liquidity. ☑️ Upcoming event: CPI and interest rates (Wednesday) Longby ZIPHO670
NZDUSD - DAILY SHORT- Strong rally to top of the range for several weeks, break out of the range above the recent strong resistance level at 0.62 but lost momentum and dips back below the 0.62. - Wednesday and thursday looked like the buyers got back in control but failed to break above and made a huge engulfing fakey, ending trading back below the 0.62. - Bias has now turned to strong sell. Lower prices expected, best case scenario all the way down to 0.587 (range bottom)Shortby Thorm115
NZDUSD Strategy 1 Trade Plan There was a Bullish trend, forming the bearish harmonic pattern also have bearish divergence. Now, trend changed printed the LL, there is continuation pattern of bearish flag. We take entry (Sell Stop) at the breakdown of the pole i.e. 0.61570 and keep our Stop loss above the LH once it will get mature near 0.61954 according to Fib Retracement of 38%.Shortby AlamdarHaider224
NZD/USD BEARS WILL DOMINATE THE MARKET|SHORT Hello, Friends! NZD/USD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.619 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 223
NZD/USD: Traders Eye Short Setup After Key ReboundThe NZD/USD pair saw a strong recovery from its intraday low of 0.6170 during Wednesday’s New York session. The New Zealand Dollar (NZD) regained some ground as the US Dollar (USD) struggled to maintain its upward momentum, having recently corrected from a fresh two-week high. Investors are now eagerly awaiting the release of the US Nonfarm Payrolls (NFP) report, the highlight of a data-heavy week for the US economy. From a technical standpoint, the price had already rebounded from a key Supply area, and after today's short recovery, traders may find an opportunity for a potential short setup. This pullback could be seen as a chance to enter the market by setting a Sell Limit order or entering directly to take advantage of the correction. The Commitment of Traders (COT) report reveals that retail traders are increasingly aggressive on the long side, while Smart Money appears to be reducing its positions, signaling a possible bearish trend. Additionally, seasonality data further hints at the potential for a bearish move in the near future. With several factors aligning, traders may be preparing for a potential downside in the NZD/USD pair, making this pullback an attractive opportunity for short positions. ✅ Please share your thoughts about NZD/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.Shortby FOREXN1Updated 116
Long NZD/USDI believe this a good long opportunity on nzd/usd due to dxy fundamentals feel free to comment below thanksLongby Nugget_Warrior224
Sideways No More? The Key Levels That Could Ignite NZD/USDThe outlook for NZD/USD isn't strong at the moment, and it seems likely to continue trading sideways. However, this could change with a break above the December 2023 high of 0.6365. A breach of this level would confirm a breakout from the large wedge pattern, suggesting that prices could reach 0.6738. This wedge is formed by the trendlines connecting the December 2023 high with the August 2024 high and the October 2023 and August 2024 lows. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.by ThinkMarkets7
NzdUsdHead& Shoulders. Sell at Left shoulder..Entry 0.6220. SL 0.6255. TP 0.6175 & 0.6140.Shortby ngkim_sgUpdated 2
NZDUSDNZDUSD is in correction range at 0.61989 level. If price fails to break through, price will rebound to test resistance at 0.62553-0.62836. If price fails to break through 0.62836 level, it is expected that price will go down. Consider selling red zone. 🔥Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is suitable for you. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Shortby Serana23246613
AudusdHead and shoulder Left shoulder: Price rise followed by a price peak, followed by a decline Head: Price rises again forming a higher peak Right shoulder: A decline occurs once again followed by a rise to form the right peak which is lower than the headShortby manivelandurai333
NZDUSD FORECASTI really love the way how these structure develop in NZDUSD pair. We may have some potentials today let look how it goes!Short03:18by Richard_Mkude3
NZDUSD Long IdeaWould prefer to see price gravitate higher to Buyside liquidity expecting support at the reclaim +OB watching how price react at that levelLongby Ryhami0
Finally, an entry...Been following this for a couple of days, waiting for the right entry. Clear engulfing on the 2h massively respecting the 0.59900 - 0.60100 zone in what I believe to be a push to the upside. TP at the 13th Aug close. I don't anticipate this reaching until mid-end next week, lots of PMI news to be conscious of.Longby NottsNumbersUpdated 112
Waiting for sellwe will look for sell around this level... the down trend probably will begin after the blue V Line everything on chartShortby Wisam_Adil4
NZDUSD: Will Keep Falling! Here is Why: The price of NZDUSD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals115
NZD/USD sets stage for next up moveThe US dollar continues to fall across the board, especially against haven currencies like the Japanese yen. But it is also weaker against the more high beta currencies too, despite the ongoing struggles in the stock markets. The NZD/USD stands ready to benefit from the weakening US dollar, especially in the event we see calm return to stocks. The NZD/USD has been in consolidation mode for the past few days, declining inside what looks like a falling wedge continuation pattern. The kiwi surged last month after a false break reversal pattern was formed around the 0.5860 level (see chart). After hitting a high of just under 0.6300, it has dropped a bit to test - and so far hold - prior resistance at 0.6170 (see red arrows on the chart). This level has now turned into support. If we can now take out the pivotal 0.6218/20 level, then more gains could be on the way, initially targeting the liquidity now resting above the most recent high at 0.6300 area. So far this week, we have had two disappointing employment indicators from the US, namely JOLTS job openings and now ADP private sector payrolls (rising by just 99K instead of 144K expected and prior number was revised lower too). From here, a substantial further decline in the US dollar would require further bearish US economic data this week. Friday's payrolls report is key in this regard. But any data-driven upside should be limited given the Fed’s clear signal that it will cut rates. Put simply, weakness in US data is needed to keep the pressure on the US dollar, while the upside for the greenback should be limited on any data surprises because of the Fed’s strong indications that rate cuts are starting this month. This makes me bearish on the dollar and therefore bullish on major currency pairs like the NZD/USD. By Fawad Razaqzada, market analyst at FOREX.comLongby FOREXcom1
NZDUSD bullishNZDUSD showing bullish divergence BUYSTOP at the breakout of last LH SL below LLLongby fay_pasai0
SELL NZDUSD RIGHT NOW!This is a profitable trading opportunity for NZDUSD. based on our profitable private trading indicator - it has forecasted us with a SELL Signal showing that NZDUSD will be going to the downside. Perfect time to sell and take profit to next support levelShortby VIPindicators7
Dollar back to the mean NZD - Dovish rhetoric - Market Internals USD - Mixed PCE & Income data - Oversold dollar due to exaggerated cut expectations Technical & Other - Entered shortly after the release Setup: TR(B) Setup timeframe: 1h Trigger: 5m Medium-term: Up Long-term: Up Min target: Mirror level, DMA(10) Risk: 0.38% Shortby Cherry94Updated 4
NZDUSD Strong sell opportunity.The NZDUSD pair gave us last time (June 26, see chart below) a solid sell signal, even though the Target just fell short of being hit: The price is giving yet again a sell signal as not only it fulfilled the 0.786 Fibonacci retracement level and got rejected but also the 1D RSI hit and got rejected exactly on the 70.00 overbought barrier, which is where all tops since late 2022 have been priced. As a result, we expect the pair to initially hit at least 0.6000 towards the end of this month. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot7