Nzd/usd pair retracement back up to supply zone arealong nzd/usd . reason change of character to a break of structure stop below break of structure target 1:3 risk to reward ratio into the supply area. 59.987 stop loss 60.162 targetLongby evnrandy0
Kiwi H4 | Rising into overlap resistanceThe Kiwi (NZD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6025 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.6055 which is a swing-high resistance. Take profit is at 0.5981 which is a swing-low support. 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. 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 (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 FXCM1
NZDUSD SHORT Break and retest from my last Setup Market structure Bearish on HTFs 30 Entry at Daily AOi Weekly Rejection at AOi Daily Rejection at AOi Previous Daily Structure Point H4 Candlestick rejection Rejection from Previous structure Levels 3.49 Entry 90% REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Christ is KingShortby mobbie_zwUpdated 447
NZDUSD H1The New Zealand dollar against the US dollar is still trending downwards, but we notice a slow decline, which requires a return of positivity. Accordingly, after receiving a price action signal, we look forward to buying from levels 0.5973 With first targets: 0.60852 Second target: 0.61214 Third target: 0.61967 The stop is the closing of an hourly candle below levels: 0.59446 Don't forget to take a buy price action OANDA:NZDUSD Longby OMEREYLUL34115
NZDUSD: Bearish Rally Continues 🇳🇿🇺🇸 NZDUSD may keep falling after a release of US fundamentals. As a confirmation, I see a breakout of a support line of a bearish flag pattern after a test of a key resistance level. The price will most likely reach 0.6 level soon. ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader223
Nzdusd sellsLong run sellssource = input(defval=close, title="Source") // Smooth Average Range per1 = input(defval=27, minval=1, title="Fast period") mult1 = input(defval=1.6, minval=0.1, title="Fast range") per2 = input(defval=55, minval=1, title="Slow period") mult2 = input(defval=2, minval=0.1, title="Slow range") smoothrng(x, t, m) => wper = t * 2 - 1 avrng = ema(abs(x - x ), t) smoothrng = ema(avrng, wper) * m smoothrng smrng1 = smoothrng(source, per1, mult1) smrng2 = smoothrng(source, per2, mult2) smrng = (smrng1 + smrng2) / 2 // Range Filter rngfilt(x, r) => rngfilt = x rngfilt := x > nz(rngfilt ) ? x - r < nz(rngfilt ) ? nz(rngfilt ) : x - r : x + r > nz(rngfilt ) ? nz(rngfilt ) : x + r rngfilt filt = rngfilt(source, smrng) upward = 0.0 upward := filt > filt ? nz(upward ) + 1 : filt < filt ? 0 : nz(upward ) downward = 0.0 downward := filt < filt ? nz(downward ) + 1 : filt > filt ? 0 : nz(downward ) hband = filt + smrng lband = filt - smrng longCond = bool(na) shortCond = bool(na) longCond := source > filt and source > source and upward > 0 or source > filt and source < source and upward > 0 shortCond := source < filt and source < source and downward > 0 or source < filt and source > source and downward > 0 CondIni = 0 CondIni := longCond ? 1 : shortCond ? -1 : CondIni long = longCond and CondIni == -1 short = shortCond and CondIni == 1 // Plotting plotshape(long, title="Long", text="Long", style=shape.labelup, textcolor=color.black, size=size.tiny, location=location.belowbar, color=color.lime, transp=0) plotshape(short, title="Short", text="Short", style=shape.labeldown, textcolor=color.white, size=size.tiny, location=location.abovebar, color=color.red, transp=0) // Alerts alertcondition(long, title="Long", message="Long") alertcondition(short, title="Short", message="Short")Shortby pioneervip113
Nzdusd sellsLong run sellssource = input(defval=close, title="Source") // Smooth Average Range per1 = input(defval=27, minval=1, title="Fast period") mult1 = input(defval=1.6, minval=0.1, title="Fast range") per2 = input(defval=55, minval=1, title="Slow period") mult2 = input(defval=2, minval=0.1, title="Slow range") smoothrng(x, t, m) => wper = t * 2 - 1 avrng = ema(abs(x - x ), t) smoothrng = ema(avrng, wper) * m smoothrng smrng1 = smoothrng(source, per1, mult1) smrng2 = smoothrng(source, per2, mult2) smrng = (smrng1 + smrng2) / 2 // Range Filter rngfilt(x, r) => rngfilt = x rngfilt := x > nz(rngfilt ) ? x - r < nz(rngfilt ) ? nz(rngfilt ) : x - r : x + r > nz(rngfilt ) ? nz(rngfilt ) : x + r rngfilt filt = rngfilt(source, smrng) upward = 0.0 upward := filt > filt ? nz(upward ) + 1 : filt < filt ? 0 : nz(upward ) downward = 0.0 downward := filt < filt ? nz(downward ) + 1 : filt > filt ? 0 : nz(downward ) hband = filt + smrng lband = filt - smrng longCond = bool(na) shortCond = bool(na) longCond := source > filt and source > source and upward > 0 or source > filt and source < source and upward > 0 shortCond := source < filt and source < source and downward > 0 or source < filt and source > source and downward > 0 CondIni = 0 CondIni := longCond ? 1 : shortCond ? -1 : CondIni long = longCond and CondIni == -1 short = shortCond and CondIni == 1 // Plotting plotshape(long, title="Long", text="Long", style=shape.labelup, textcolor=color.black, size=size.tiny, location=location.belowbar, color=color.lime, transp=0) plotshape(short, title="Short", text="Short", style=shape.labeldown, textcolor=color.white, size=size.tiny, location=location.abovebar, color=color.red, transp=0) // Alerts alertcondition(long, title="Long", message="Long") alertcondition(short, title="Short", message="Short")Shortby pioneervip223
NZD/USD Analysis for October 24, 2024: Slight Bullish Bias!!The NZD/USD currency pair is currently exhibiting a slight bullish bias as of October 24, 2024. Several key fundamental factors and market conditions are influencing this upward movement. This article highlights these key drivers and provides insights for traders seeking to navigate the current market landscape. Key Drivers Behind the Bullish Bias for NZD/USD 1. Optimistic New Zealand Economic Outlook: - Recent economic data from New Zealand has shown positive signs, particularly in employment growth and inflation figures. The unemployment rate has remained low, and inflation is expected to stay within the Reserve Bank of New Zealand's (RBNZ) target range. This optimism surrounding the country's economic recovery is helping support the New Zealand dollar (NZD). - Additionally, the RBNZ's stance on potential interest rate hikes has strengthened the Kiwi, as the central bank continues to signal a gradual tightening of monetary policy to control inflation. 2. Weaker U.S. Dollar: - Despite the strong performance of the U.S. economy in previous months, the U.S. dollar (USD) has experienced some weakness due to changing market sentiment. Investors are anticipating that the Federal Reserve may begin slowing the pace of interest rate hikes in the coming months, which has caused some softening of the USD. - Any indication that the Federal Reserve might take a more dovish approach to its monetary policy can impact the strength of the USD, favoring other currencies like the NZD in the short term. 3. Commodity Price Recovery: - The New Zealand dollar is closely tied to global commodity prices, especially agricultural products like dairy, which make up a significant portion of New Zealand’s exports. Recent recovery in commodity prices, including higher demand from key trading partners like China, has boosted the NZD. - Rising dairy prices have a direct positive impact on New Zealand's economy, which further strengthens the Kiwi against the USD. 4. China's Economic Performance: - China is one of New Zealand’s largest trading partners, and the health of the Chinese economy is closely monitored by Kiwi traders. Recent data suggesting that China’s economic growth is stabilizing has been a positive sign for New Zealand’s export market. A stronger Chinese economy typically benefits the NZD, as it supports demand for New Zealand’s exports. - The easing of global supply chain disruptions and improving trade relations between New Zealand and China have also been favorable for the NZD. 5. Risk-On Sentiment in Global Markets: - Investors are showing a growing risk appetite in the global financial markets, leading to more demand for riskier assets, including the NZD. As the NZD is often seen as a "risk-on" currency, it tends to perform well when investors are more willing to take on risk, especially in times of global market stability. - The U.S. dollar, in contrast, is viewed as a safe-haven currency and tends to weaken when investors shift towards higher-risk currencies like the NZD. Technical Analysis From a technical perspective, the NZD/USD pair shows potential for further upside momentum based on key indicators: - Moving Averages: The 50-day moving average is trending upwards, indicating growing momentum in the short term. If it crosses above the 200-day moving average, this could confirm a bullish trend. - Relative Strength Index (RSI): The RSI is currently in neutral territory, hovering around 55, which suggests there is still room for the NZD to gain before it becomes overbought. - Support and Resistance Levels: NZD/USD has found strong support near the 0.5800 level, while resistance is seen around 0.5950. A break above this resistance level could signal more bullish momentum in the pair. Conclusion: In summary, the NZD/USD currency pair is expected to maintain a slightly bullish bias on October 24, 2024, driven by positive New Zealand economic data, weaker U.S. dollar sentiment, rising commodity prices, improving Chinese demand, and a risk-on environment in global markets. Traders should keep an eye on both fundamental and technical indicators for potential opportunities to capitalize on this bullish momentum. Keywords for SEO: - NZD/USD analysis, - NZD/USD forecast October 24, 2024, - New Zealand dollar bullish bias, - NZD/USD technical analysis, - Fundamental drivers for NZD/USD, - U.S. dollar weakness impact on NZD, - Commodity prices and NZD, - RBNZ interest rate policy, - Risk-on sentiment in forex markets, - NZD/USD price outlook for today.Longby PERFECT_MFG5
NZDUSD / H1 / SHORTNZDUSD may fall from the Bearish Order Block Bearish Order Block: 0.60523 and 0.60416 NZDUSD is currently moving upwards and is approaching the Bearish Order Block. Once it touches this zone, we can expect a potential reversal to the downside. Let’s see how the price reacts upon reaching this level. I have applied the Smart Money Concepts (SMC) to analyze this chart. Entry Price :- 0.60416 Take Profit :- 0.60187 Stop Loss :- 0.60645Shortby PraveenTrader10
NZDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60400 support and resistance area. Trade safe, Joe.Shortby JoeChampion223
TRENDING PERFECTLY.Nzd has been trending perfectly. Entering our next area of poi. We look for shorts today.. to continue fully down in the LTF timeframe..Shortby Daniel_herik1
NZDUSD H1 | Bearish continuation? Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 0.6022, which is a pullback resistance and a 50% Fibonacci retracement. Our take profit will be at 0.6005, a pullback support level. The stop loss will be at 0.6042, a pullback resistance level close to 78.6% Fibo retracement 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 FXCM112
NZDUSD ShortMarket structure Bearish at HTFs 30 Entry At Daily AOI Weekly Rejection at AOi Daily Rejection at AOi Previous Daily Structure Point Around Psychological Level 0.60500 H4 Candlestick rejection Rejection from Previous structure Levels 5.84 Entry 95% REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Christ is KingShortby mobbie_zwUpdated 119
NZDUSD - Bearish Rising WedgeHello Traders ! On Tuesday 24 Sep, The NZDUSD reached the resistance level (0.63414 - 0.63696) and formed a rising wedge pattern. Currently, The support line and support level are broken! _________________ TARGET: 0.60000🎯Shortby Hsan_BenhmedUpdated 111118
NZD-USD Long From Support! Buy! Hello,Traders! NZD-USD keeps falling down And the pair is locally Oversold so after it hits The horizontal support level Below at 0.5975 we will be Expecting a local Bullish correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals335
NZD /USD Both Entries +150 Pips 0 Drawdown , Third Entry Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.Short01:01by FX_Elite_Club227
NZDUSD - 4hrs ( sell Trade Target Range 120 PIP ) 🟢 Pair Name : NZD/USD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🟢 Key Technical / Direction ( Short ) Break Out Done Type : Mid Term Swing ——————————— Bearish Break 0.60100 area Reasons - Major Turn level / M - Visible Range Hvn - Fixed range lvn - inner Pattern Break - Choch / Fibo Golden Bullish Reversal 0.58900 Area Reasons - Major Turn level - Visible Range Lvn - Pattern Target - Major Choch zone - Quarter lowShortby GoldenEngine1136
NZDUSD | 21.10.2024BUY 0.60570 | STOP 0.60200 | TAKE 0.61000 | Go up from local support level.Longby ProPhiTradeUpdated 112
The Ultimate Moving Average Strategy For AccuracyI utilise all key MA's - 20/40/100/200 for a continually reliable system. They will show you what is a 'good/bad' price at any time. Learn that, and you will get better entries/exits.10:02by WillSebastian224
NZD/USD: Bearish Breakdown or Just a Fakeout? Let’s Find Out!Looking at the NZD/USD charts across multiple time frames, we can spot some solid technical setups brewing. On the weekly chart, we see price action respecting both the 21 EMA and 200 EMA, with price bouncing off weekly resistance around 0.61110 and now sitting just above that daily support zone at 0.60116. Momentum is still bearish with price pushing down and failing to break above the 21 EMA, which indicates continued weakness. The daily chart shows price consolidating beneath a key resistance level at 0.61110 and struggling to gain any upward momentum. The price recently attempted to push higher but got rejected at the 21 EMA, and now we are seeing a potential continuation to the downside with price hovering close to that 0.60116 support. This tells me the bears are still in control, and we might see further downside pressure this week. On the 4-hour chart, the price is moving steadily below both the 21 EMA and 200 EMA, with a solid bearish trend in play. It’s been consolidating after a recent drop, which could set us up for a potential break lower. If we get a clean break below 0.60116, I’ll be looking to get in on a sell with a target toward the next weekly support at 0.58641. However, a retest of 0.61110 and failure to break higher could also be a great opportunity to sell from that resistance level. Overall, I’m looking for a sell setup, either on a break below 0.60116 or a retest and rejection of 0.61110. Keep your eyes peeled for confirmations and remember, as always, manage your risk wisely! This is a great week to lock in some pips if you play it right. Let’s get to it, traders!Shortby SheenaL111
NZDUSD to continue in the downward move?NZDUSD - 24h expiry There is no clear indication that the downward move is coming to an end. Although we remain bearish overall, a correction is possible without impacting the trend lower. Risk/Reward would be poor to call a sell from current levels. A move through 0.6025 will confirm the bearish momentum. The measured move target is 0.5075. We look to Sell at 0.6060 (stop at 0.6080) Our profit targets will be 0.6010 and 0.5995 Resistance: 0.6060 / 0.6075 / 0.6100 Support: 0.6025 / 0.6000 / 0.5975 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 OANDA116
NZDUSD BIASlook closely at the chart and try to analyze the bias yourself. Its Simple and understandableShortby EasyFlowwwwwww1
#NZDUSD 2HNZD/USD 2-Hour Chart Analysis: The NZD/USD 2-hour chart is forming a falling wedge pattern, a bullish reversal signal. The price has been moving downward within the wedge, but the narrowing range suggests that selling pressure is weakening, and a breakout to the upside is likely. Forecast: -Buy once the price breaks above the upper resistance line of the falling wedge, signaling a bullish reversal. - A breakout from this pattern often leads to a strong upward move as buying momentum builds. - Watch for confirming signals, such as increased volume or bullish candlestick patterns, to validate the breakout and strengthen the buy signal. Let me know if you’d like to tweak any details!Longby PIPSFIGHTER116