Daily watchlist for Tuesday and potential short in play.Morning forecast for the pairs i have on watch moving forward for the day, I currently took a short on the GBPCAD at the early hours of 5am EST in anticipation for a move lower. Key pairs that i am looking at are CADCHF, GBPUSD and NZDUSD. These are all very interesting pairs on the positions on the HTF and LTF structures.Short36:13by Pilot_fx2
NZDUSD Short ideaCOT Report - Non Commercials are reducing there position in NZD, showing weakness in NZD. - Non Commercials are much neutral in USD, showing steadiness to strength in USD> Endogenous Factors - NZD score after all indicators moved from +4 to -2 in last three months. - USD score remains stable and mix making it neutral. Exogenous Factors - NZD is looking weaker against USD in exogenous factors as shown. Shortby EminantRise0
NZDUSD Daily Analysis: Slight Bullish Bias as Commodity Prices NZDUSD Daily Analysis: Slight Bullish Bias as Commodity Prices and Risk Sentiment Favor the Kiwi 03/12/2024 Introduction NZDUSD is expected to show a slight bullish bias today, driven by strengthening commodity prices, positive risk sentiment, and a weaker U.S. dollar. As the global market outlook improves and key economic factors align in favor of the New Zealand dollar (NZD), the pair is poised to continue its upward trajectory. This article outlines the fundamental and technical factors supporting the NZDUSD bullish outlook for today. --- Key Drivers Influencing NZDUSD 1. Commodity Price Strength New Zealand is a major exporter of agricultural products, and the recent uptick in global commodity prices—especially dairy and meat—has provided substantial support for the NZD. This rise in commodity prices boosts New Zealand’s export revenues, supporting the strength of the kiwi. 2. Risk-On Market Sentiment The broader market sentiment has shifted towards a risk-on mood, with global equities showing signs of recovery. The improved appetite for riskier assets tends to favor currencies like the NZD, which is considered a commodity-linked and higher-yielding currency. 3. U.S. Dollar Weakness The U.S. dollar continues to face downward pressure amid expectations of a dovish Federal Reserve. Market participants have reduced their expectations for further rate hikes, making the USD less attractive relative to other currencies. As a result, the NZD is benefiting from this USD weakness, further supporting the bullish outlook for NZDUSD. 4. Positive Economic Data from New Zealand Recent data out of New Zealand has shown resilience in key sectors like manufacturing and employment. These economic fundamentals provide additional backing for the NZD and suggest that New Zealand’s economy is on solid footing compared to its global counterparts. --- Technical Analysis Moving Averages and RSI NZDUSD is currently trading above its 50-day moving average, which indicates a continuation of the bullish trend. The Relative Strength Index (RSI) is hovering in neutral territory, signaling that the pair has room to move higher without being overbought. MACD and Key Levels The MACD indicator shows a positive momentum shift, with the pair holding above key support levels. Immediate resistance is seen at 0.6350, and a breakout above this level could lead to further gains toward 0.6400. On the downside, support is at 0.6300, which could provide a cushion in case of any pullbacks. --- Conclusion NZDUSD is likely to experience a slight bullish bias today, supported by rising commodity prices, favorable risk sentiment, and ongoing USD weakness. Traders should watch for further signs of upward momentum, particularly if the pair breaks through key resistance levels. However, caution is warranted as market sentiment can shift quickly. --- SEO Tags: - #NZDUSDforecast - #NZDUSDanalysis - #NZDUSDtechnicalanalysis - #ForexTradingNZDUSD - #NewZealandDollarOutlook - #USDWeakness - #NZDUSDtoday - #ForexMarketAnalysis - #NZDUSDpredictionLongby PERFECT_MFG3
NZD/USD Trade Plans For All Scenarios (Tech/Fund Analysis)The NZDUSD alike many other pairs has fallen continually over time, mostly off the back of a stronger USD and some Risk off on geopolitical tensions. The increased concoction of USD strength is dragging the NZDUSD lower. However, it can only really fall for so long without any kickback. Profits, at some point, have to be taken. It is also likely minor sentiment shifts within these moves will occur, giving way to rebounds. The earliest noted resistance is such area we may arrive at if sentiment is still sustaining the downside momentum. If on the other hand, sentiment drastically changes and we see a weaker USD and/or a stronger NZD, we may be taken back to local highs within the sideways movement we have observed over the last year as many economies globally match the US in their easing cycle. Catalysts for US weakness can come from various factors, but namely FED movements/decisions/rhetoric. Awaiting further sentiment inflows. Further falls are more than possible so any new longs can be held off.Longby WillSebastianUpdated 2212
NZD/USD Insight: High-Probability Targets for the Week AheadAnalysis: From the HTF Weekly Chart, NZD/USD highlights critical price action after a long-term sell-side liquidity raid at the equal lows. A recent bullish candle close above the last down candle and the swept lows suggests potential upward momentum, confirming a likely retracement or continuation higher. Key Levels to Watch: Immediate Target: - Buyside liquidity at 0.60364 (minimum target). Potential Reversal Zones: - Bearish breaker at 0.61600, reinforced by a Fair Value Gap (FVG) at 0.61077, making this breaker a high-probability resistance zone. Downside Potential: - If price reacts at the bearish breaker, anticipate a move lower targeting sell-side liquidity at 0.57720, which aligns with the higher timeframe structure. Price dynamics will heavily depend on how price reacts to intermediate levels, particularly the bearish breaker and its confluence with the FVG. Conclusion: - Short-term: Expect price to reach 0.60364. - Medium-term: A reaction at 0.61600 could lead to a reversal targeting 0.57720. - Always trade with confirmation at these key zones.Longby INSIDER_INTEL226
NZDUSD in Bearish trend NZDUSD in bearish trend printing a falling channel, RSI shows bullish diversions trend reversal expected if it breaks th previous Lower highLongby shahmir5511
NZDUSD is in Double Bottom PatternNZDUSD is showing reversal double bottom pattern at support level and with the confluence of fib 0.5 the divergence is also showed up on 1H TFM and the 4H TFM is also showing a good divergence so the bias on this trade is Bullish Longby MuhammadKamran832
NZDUSD Short - 27 NovPrice took out Previous Day High. Indicating taking up of liquidity. Overall Trend is bearish. Price Bounced back immediately after taking out previous day high, indicating that it is a Liquidity Sweep. Signaling continuation of price heading downwards. Price is also in Supply Zone when it bounced out. 1:3RR Trade towards the downside.Shortby Mr-CalUpdated 0
NZDUSD ShortH4 Downward Swing phase. Price retraced back to supply zone. H1 and M15 BOS, signalling shift in orderflow back towards the downside. Trading for a 3R target. You can target the swing low if you want.Shortby Mr-CalUpdated 3
NZDUSD ShortM15 ChoCh observed Price retraced and went further down, BOS. Price came back up to take liquidity, ready for downside movement.Shortby Mr-CalUpdated 1
nzdusdAccording to the strategy I used, nzdusd fulfilled all the rules and I set the SL to be 10pips and the TP to be 30 pips. Shortby caliccilmi1
NZDUSD D1 | Falling from 50% Fibo?Based on the D1 chart analysis, we can see that the price is rising toward our sell entry at 0.5938, which is a pullback resistance and a 50% Fibonacci retracement. Our take profit will be at 0.5849, a swing low support level. The stop loss will be at 0.6027, an overlap resistance level. 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. 64% 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. 66% 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. Shortby FXCM2
NZDUSD TRADE IDEANZDUSD elliot wave analysis (buy setup) I believe we will see bullish pressure once the confirmation is confirmed FX:NZDUSD .Longby itscammac110
Extremely Bearish on NZD/USD PairZoom out on the weekly chart, we can see the market of NZD/USD is extremely bearish. 1. There are two bearish pennant in the chart, indicating bearishness. 2. Sto-RSI shows oversold in 4hr. Perfect timing for enter the trade Entry $0.58806 SL $0.594 TP1 $0.55 Zone TP2 $0.49 Zone Feel Free to drop the comment if you have different opinion.Shortby RedPanda_Trader0
NZDUSD to find sellers at current resistance?NZDUSD - 24h expiry The medium term bias remains bearish. The rally has posted a correction count on the daily chart. Risk/Reward would be poor to call a sell from current levels. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.5900. We look to Sell at 0.5905 (stop at 0.5929) Our profit targets will be 0.5845 and 0.5830 Resistance: 0.5890 / 0.5920 / 0.5940 Support: 0.5840 / 0.5820 / 0.5800 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.Shortby OANDA4
NZDUSD bearishNZD dovish fundamentally USD hawkish fundamentally entry upon fib retracementShortby fay_pasai1
NZD/USDHello all traders, let's look at the 1st analysis of the new month of the new month, this pair 1W and 1D is in a very strong sell flow, I see a very nice trading level in the direction of the trendShortby Avranzeb_Fx2214
NZDUSD Daily Analysis: Slight Bullish Bias Amid Improving !!NZDUSD Daily Analysis: Slight Bullish Bias Amid Improving Risk Sentiment and Commodity Support 02/12/2024 Introduction The NZDUSD pair is anticipated to exhibit a slight bullish bias today as improving global risk sentiment and strong support from commodity prices bolster the New Zealand dollar (NZD). Meanwhile, ongoing U.S. dollar (USD) weakness provides an additional tailwind for the pair. In this article, we explore the key drivers influencing NZDUSD and outline potential scenarios for the day ahead. --- Key Drivers Influencing NZDUSD 1. Improved Global Risk Sentiment Investor sentiment has turned positive following easing concerns over global economic stability. Equity markets are rallying, and this risk-on environment benefits commodity-linked currencies like the NZD. 2. Strong Commodity Prices New Zealand’s economy, heavily reliant on agricultural exports, is seeing support from rising prices in key commodities, including dairy and meat products. This uptick enhances the kiwi’s appeal in the forex market. 3. Weak U.S. Dollar Dynamics The USD continues to lose ground as markets digest dovish comments from Federal Reserve officials. With expectations of rate hikes dwindling, the dollar faces downward pressure, making NZDUSD more attractive for bullish traders. 4. China’s Economic Recovery China, a major trading partner for New Zealand, is showing signs of economic recovery. Improving Chinese manufacturing and export data support demand for New Zealand exports, adding to the kiwi's bullish outlook. --- Technical Analysis Moving Averages and RSI NZDUSD is trading above its 50-day moving average, reinforcing its bullish momentum. The Relative Strength Index (RSI) remains in a neutral zone but shows upward movement, suggesting room for further gains. MACD and Key Levels The MACD indicator reflects positive momentum, with the pair approaching key resistance at 0.6250. A break above this level could target 0.6300, while immediate support is seen at 0.6200. --- Conclusion NZDUSD is poised for a slight bullish bias today, driven by improved risk sentiment, strong commodity prices, and a weakening U.S. dollar. Traders should monitor key resistance levels and upcoming economic data for potential market shifts. --- SEO Tags: - #NZDUSDforecast - #NZDUSDanalysis - #NZDUSDtechnicalanalysis - #ForexTradingNZDUSD - #NewZealandDollarOutlook - #USDWeakness - #NZDUSDtoday - #ForexMarketAnalysis - #NZDUSDpredictionLongby PERFECT_MFG115
NZDUSD BUY LONG NZDUSD BUY 0.58690 sl 0.58580 we can see 7 (30 min) candels in option we need to buy Longby manuelgomes010225
Reversal Trend NZD/USD SWING LONG1. 1H time frame shows head and shoulder pattern. 2. Break of major down trendline. 3. Respecting the up trendline. 4. Tend is above 50 EMA 5. Break out the support and resistance zone Entry @0.59297 SL @0.58800 TP @0.63800 Longby RedPanda_TraderUpdated 112
NZDUSD LONGMarket structure bullish on HTFs DH Entry at Daily and Weekly AOi Weekly Rejection at AOi Daily rejection at AOi Previous Structure point Daily H4 EMA retest H4 Candlestick rejection Rejection from Previous structure Levels 7.45 Entry 95% REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Christ is KingLongby mobbie_zwUpdated 5