NZDUSD H4: The bears steering down...NZDUSD H4: The position of the price in relation to the EMAs and to the TL confirms a bearish trend. While the price stays below the TL and the EMAs any short position is in the table. The Support at 0.55814 has been tested and the price had been above that since October 2022 what could give 2 options: another rejection level that may will have a short life(due the TL pattern) or will be break pushing the price further down. In that case a confirmation on that break is a must before any short entries. The RSI hovering around 45 may will test the 50 but with expectations of heading to an oversold level. The candles around the Support suggesting indecisions may represents the bears are preparing for a continuation but we have to wait. For any short entry around the support level will be wise to go for a tight SL so any weird volatility will not take much of our money.
USDNZD trade ideas
NZDUSD-USDX - SELL USD strategy Daily chartJust to highlight, the two charts shows there is a (inverse) relationship. the USD is in fact very overbought Daily chart and therefore, the strategy to focus on NZDUSD is good for good reasons. the AUDNZD cross is overbought, i.e., the NZD suffered the most on the decline. It;s reflected in all NZD crosses.
so most pairs, SELL USD and I prefer NZDUSD BUY for reasons to see a proper correction towards 0.5850 is my viewpoint.
NZD-USD Strong Downtrend! Sell!
Hello,Traders!
NZD-USD is trading in a
Strong downtrend and the
Pair made a bearish breakout
Of the key level of 0.5620
Then made a retest and is
Now going down again so
We are bearish biased and
We will be expecting a
Further bearish continuation
Sell!
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NZDUSD Long IdeaNZDUSD is approaching 3 month timeframe lows with the dollar and EN at 3M supply zones. market structure has yet to change on NU so will be waiting for that before entry. Entry is based off previous information provided for a swing trade and more entries when presented. potential bias for 3 months .
Potential bearish drop off pullback resistance?The Kiwi (NZD/USD) is reacting off the pivot and could drop to the pullback support.
Pivot: 0.5616
1st Support: 0.5587
1st Resistance: 0.5635
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NZD/USD "The Kiwi" Forex Market Heist Plan on Bearish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the NZD/USD "The Kiwi" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a Bearish trade at any point.
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest high level.
Goal 🎯: 0.55300
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Based on the fundamental analysis 📰 🗞️ I would conclude that the NZD/USD (New Zealand Dollar/US Dollar) pair is: Bearish
Reasons:
Interest rate differential: The Reserve Bank of New Zealand's (RBNZ) interest rate (2.50%) is lower than the Federal Reserve's (Fed) interest rate (4.50%), making the NZD less attractive to investors.
Economic growth: New Zealand's GDP growth (1.5%) is slower than the US GDP growth (2.1%), which could lead to a stronger USD.
Trade balance: New Zealand's trade deficit (NZD 1.1 billion) is larger than the US trade deficit (USD 50 billion), which could put downward pressure on the NZD.
Commodity prices: New Zealand's economy is heavily reliant on commodity exports, and a decline in commodity prices could negatively impact the NZD.
However, it's essential to consider the following risks:
Global economic slowdown: A slowdown in global economic growth, particularly in China and the US, could negatively impact the USD and support the NZD.
RBNZ's monetary policy: The RBNZ's dovish stance and potential interest rate cuts could support the NZD.
US-China trade tensions: Escalating trade tensions between the US and China could lead to a decline in the USD and support the NZD.
Bearish Scenario:
Stronger US economic data, such as GDP growth and inflation, supports the USD
Decline in commodity prices, particularly dairy and meat, supports the USD
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
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NZDUSD Wave Analysis 31 December 2024
- NZDUSD broke key support 0.5600
- Likely to fall to support level 0.5500
NZDUSD currency pair under the bearish pressure after breaking the key support 0.5600, which stopped the previous long-term ABC correction (2) earlier this month.
The breakout of the support 0.5600 strengthened the bearish pressure on this currency pair.
Given the multi-month downtrend, NZDUSD currency pair can be expected to fall to the next major support level 0.5500 (which stopped multiyear downtrend in 2022) - from where the upward correction is likely.
NZDUSD - (Bullish) Potential Bullish ReactionNZDUSD: Testing a Key Support Level with Potential for Bullish Accumulation
Order Block (0.5580 - 0.5620): This zone has historically acted as a strong support level, suggesting potential bullish accumulation in the current price action.
Nadaraya Watson Signal: Indicates possible momentum for a bullish reversal, further reinforcing the likelihood of upward movement.
Suggested Trade Setup:
Entry (Buy): 0.5620
Take Profit 1 (TP1): 0.5800
Take Profit 2 (TP2): 0.6000
Stop Loss (SL): ~ 0.5550
NZDUSD - LONG - Bullish Sentiments and divergence for LONGMarket seems to be in accumulation phase with confluences of bullish divergence on 4h Time Frame. Further, if the market breaks out of consolidation phase, we can expect a rally till 4h resistance level at 0.57544. STOP loss can be market at 0.56052. Additionally, sentiments of market for this pair favors the BULL for more than 90 percent.
NZD/USD BUY SETUP! This pair is presenting a solid buying opportunity with an excellent risk-to-reward ratio! The technicals align perfectly for a bullish move, supported by key levels and momentum signals.
📌 Reminder: Always trade with a stop-loss to protect your capital. Manage risk wisely and let the market do the work.
Let’s aim for profits while staying smart and safe! 💰
GBP/USD Short, EUR/GBP Short and NZD/USD ShortGBP/USD Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/GBP Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
NZD/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/USD LONGLong NZD/USD is supported by technical analysis based on key indicators that suggest a potential reversal or bounce in the price. On the 4-hour chart, the price is showing signs of consolidation after a long downtrend, with a favorable setup for a recovery.
The Alligator moving averages are still bearish, but the price is starting to consolidate near the lower level, suggesting a possible weakening of the bearish pressure.
The indicator below is showing a reversal from the oversold level (-50), with a positive bias, signaling a potential resumption of buying by the market.
Support and Resistance: The support level at 0.5700 has held so far, while the target area is visible near 0.5740-0.5760, indicating a reasonable profit window. The stop loss has been placed below the recent low to manage risk.
These elements suggest that the price may attempt a bounce in the short term. However, it is essential to carefully monitor the confirmation of the trend through a breakout of key levels and increasing volumes.
NZDUSD 15mThis analysis comes from the new indicator I have coded recently. As shown on the chart, I anticipated a reaction at the red box 5m OB, with a target price at the green box 5m OB.
The reason is that, on the 5-minute chart, the supply zone was converted to a demand zone and broke the recent high. Pay attention: confirmation is required before entering the position.
NZD/USD 4H Timeframe AnalysisNZD/USD 4H Timeframe Analysis
Trend Analysis:
The NZD/USD pair is currently in a downtrend, having broken below the major key support level at 0.57800. Sellers pushed the price further down, reaching the next minor key support level.
Following this move, a doji candlestick formation appeared, signaling indecision in the market. This was followed by a bullish engulfing candle, which suggests a potential reversal. However, due to the strong bearish pressure, the price is now consolidating between the two minor key levels.
Price Action Expectation:
The strategy focuses on identifying a liquidity grab below the minor key support level before continuing with the downtrend.
Wait for the price to break below the minor key support and accumulate seller orders below the key area.
Anticipate a manipulation stage where the price moves up temporarily to hunt stop-loss orders placed by sellers in the liquidity zone.
Wait for the price to resume the downtrend with another breakdown below the minor key support level.
Trade Setup:
Place a sell stop order at 0.56130 to confirm entry upon the second breakdown.
Stop Loss: Set at 0.56560, above the liquidity zone for risk management.
Take Profit: Target 0.54690, yielding a favorable 1:3 risk-to-reward ratio.
Key Levels to Monitor:
Major Support: 0.57800
Minor Support: 0.56130
Target Support: 0.54690
Additional Considerations:
Look for a clear rejection or bearish candlestick pattern after the liquidity grab.
Monitor volume levels during the breakdown to confirm selling pressure.
Stay cautious of fakeouts and ensure proper risk management.
Conclusion:
NZD/USD remains bearish as it consolidates within the minor key levels. A confirmed breakdown below 0.56130, following a liquidity grab, would signal the continuation of the downtrend. Targeting 0.54690 provides a compelling 1:3 risk-to-reward ratio, making this a high-probability setup.