Mon 13th Jan 2025 Daily Forex Charts: 4x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 4x new trade setups this morning. As usual, you can read my notes on the charts for my thoughts on these setups. The trades being a AUD/USD Sell, EUR/USD Sell, GBP/USD Sell & NZD/USD Sell. I also discuss some trade management. Enjoy the day all. Cheers. Jim
USDNZD trade ideas
NZDUSD TRADE IDEA : SHORT | SELL (13/01/25)Very nice and easy setup. Nothing fancy with the opportunity of doubling the RR.
Following the order flow - no forcing whatsoever - I decided that the sell made most sense. Entry makes sense with the break of structure coming at the hands of a clear heavy imbalance.
RR1: 2.48
RR2: 4.21
NZDUSD - Potential Long from Key Support ZoneThe NZDUSD pair is currently approaching a significant demand zone near the 0.55800 - 0.54700 level. Historically, this area has acted as a strong support, leading to notable bullish reversals. The recent decline into this zone suggests a potential for buyers to regain control and push prices higher.
A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would indicate an increased likelihood of a move upward. If this scenario unfolds, the price may head toward the 0.57580 level.
This setup aligns with a potential short-term rebound within the broader bearish market structure.
What are your thoughts on this outlook?
NZDUSD Is Approaching The DowntrendHey traders, in tomorrow's trading session we are monitoring NZDUSD for a selling opportunity around 0.55800 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.55800 support and resistance area.
Trade safe, Joe.
NZDUSD is in the Selling DirectionHello Traders
In This Chart NZDUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (NZDUSD market update)
🟢What is The Next Opportunity on NZDUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NZD-USD Swing Long! Buy!
Hello,Traders!
NZD-USD keeps falling down
In a strong downtrend but
The pair is locally oversold
And as it is about to hit a
Massive horizontal support
Of 0.5512 we will be expecting
A local bullish rebound and
A further bullish correction
Buy!
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NZDUSD Wave Analysis 10 January 2025
- NZDUSD falling inside weekly impulse wave C
- Likely to fall to support level 0.5500
NZDUSD currency pair recently reversed down from the lower trendline of the wide weekly down channel from the start of 2023 (which is acting as the resistance after it was broken in December).
The downward reversal from this down channel accelerated the active impulse C-wave of the weekly downward ABC correction (2) from the start of last year.
Given the strong downtrend on the weekly charts, NZDUSD currency pair can be expected to fall toward the next long-term support level 0.5500 (which stopped the sharp weekly downtrend at the end of 2022).
NZDUSD: Long Signal with Entry/SL/TP
NZDUSD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long NZDUSD
Entry Point - 0.5562
Stop Loss - 0.5539
Take Profit - 0.5608
Our Risk - 1%
Start protection of your profits from lower levels
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NZDUSD BULLISH TRADE IDEA NZDUSD is printing lower highs and lower lows. But RSI indicator shows a bullish Divergence which is a clear sign the price momentum shift the bullish side soon. So my idea is a bullish side.
trade plan: bullish
order type: buy stop
Entry level: 0.56167
Stoploss: 0.55772
Take profit: 0.56611
NZDUSD Timeframe D1 Fall!OANDA:NZDUSD D1 timeframe Falling
OANDA:NZDUSD
30September 2024 to January 10 2025 Continue low. NZDUSD have sell Trend 3 time time Lower low BOS
BOS
1. 0.59134
2. 0.58005
3. 0.56020
NZDUSD make fallig wedge pattern and trend bearish. MA cross breakout breaish
Current Price 0.55900
Target 0.55044
Target 0.54030
Target 0.53308
Stop Loss 0.56770
NzdUsd Trade IdeaWith NU being in a range we could expect price to respect the level its currently at like it has before. Longs are possible here if price goes bullish on this retest. Market structure shows price being bearish up until it tapped the support level. We currently have price breaking those structures. A bullish engulfing candle would confirm longs. If all goes well I'll be looking for a 1:3rr.
More pain ahead for NZDUSDThe New Zealand Dollar (NZDUSD) is nearing its 2022 low of 0.5510, having dropped 809 pips from October’s high. While some traders see this as an oversold market ripe for buying, the overall outlook remains bearish as long as we trade below this week's high of 0.5692. Moreover, a large wedge pattern targets 0.53, suggesting further downside below the 2022 low.
Are you leaning bullish or bearish?
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NZDUSD is in the Selling DirectionHello Traders
In This Chart NZDUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (NZDUSD market update)
🟢What is The Next Opportunity on NZDUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NZDUSD 1000 pipsHello Birdies,
Price is coming into a monthly and weekly block... once we have a market structure shift we can long this beast for 700-1000 pips....
The targets are the supply zone above.. You can scale in the trade as per your own entry model.
Trade Idea:
- Enter on market structure shift
- Stops below most recent lows
- Targets: 0.61 (500pips), 0.65 (1000pips)
NZD/USD Poised for a Breakout ?The NZD/USD pair shows signs of potential bullish momentum following a bounce from a key support level near 0.55900. Price is currently challenging the 0.56028 resistance, with further upside likely if this level is broken and sustained. The downward sloping moving average indicates a prevailing bearish trend, so this move could be a short-term retracement or a possible trend reversal depending on market strength.
Key Insights
Entry Area: Around 0.55940 – 0.56028
Stop-Loss: 0.55103 to manage downside risk
First Target: 0.56156
Second Target: 0.56370
Final Target: 0.56781
Watch for a confirmed breakout above 0.56028 for a continuation toward higher levels. A failure to hold above 0.55900 could trigger further downside movement. Market volatility and U.S. dollar news should be closely monitored for momentum shifts. This setup offers a solid risk-to-reward ratio, balancing caution and opportunity in the current market structure.
NZDUSD consolidates before falling 2.2%NZDUSD is consolidating for further decline. Buyers may not hold the level of 0.5588. The strong dollar, which continues to grow, has a negative impact. The fundamental background for the currency pair is also negative.
Scenario: The price is consolidating near the key support at 0.5588. But there are no signs of trend reversal, therefore, the only possible movement in our case is a breakdown of support and further decline
4HR NZDUSD ANALYSIS4hr (The analysis on the 4hr time frame is very similar to the one on the daily. We do have a little more price action. Price made a choch to the upside and now is retesting that 4-hr. order block. This level will need to hold, and I would like price to close back above .56566 to take a buy. And the sell entry also remains the same as I posted from my daily markup.
WEEKLY ON NZDUSD WEEKLY (On this time frame we are getting a closer picture of the price action that is happening at this key support level which has held strong since 2009. If we can get a break and retest underneath the support, we will have a nice sell setup. If I wanted to buy, Price would have to close back above 0.55985 or break and retest above 0.58719. and price may stall at the top of the downward triangle or retrace all the way to the previous monthly order block around 0.68000.