Bearish Harmonic on $NZDUSD daily chartThe NZDUSD shows a bearish harmonic on the daily chart. The pattern is valid up to 0.62613, above which the stop-loss—target is 0.59843. The weekly range high was reached yesterday. Shortby Teuwie14
NZD/USD BEST PLACE TO SELL FROM|SHORT Hello,Friends! Previous week’s green candle means that for us the NZD/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.607. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 115
NZDUSD MARKET LONG TERM SUPPORT LEVELIt looks like you are observing a bullish trend in the NZD/USD currency pair, with the market bouncing off a support level. Here's a more detailed breakdown of the scenario: 1.Current Price Movement: The NZD/USD pair moved up from a price of 0.61436 and touched a support level at 0.61700. 2.Support Level: A support level is where the price tends to find support as it falls. This means the price is more likely to bounce off this level rather than break below it. 3.Bullish Indication: If the market respects this support level and continues to move upward, it indicates a bullish trend.Longby MrCharlie1Updated 3367
ICT Long setup Swing Trade NZDUSD👋Hello Traders, Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Long setup in Forex: NZDUSD for Swing trade. Please refer to the details Stop loss, FVG(Buy Zone),open for take profit. For more ideas, you are welcome to visit our profile in tradingview. Since an important news about USD is coming, so small lot then small risk! Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!Longby ICT_Trader_SB4
NZD/USD BUYERS WILL DOMINATE THE MARKET|LONG Hello,Friends! Previous week’s red candle means that for us the NZD/USD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 0.616. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 114
NZD/USD Day Trading Analysis With Volume ProfileOn NZD/USD it's nice to see a strong sell-off from the price of 0.61890. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. The downtrend combined with the strong volume area are my main reasons for this short trade. Happy trading, Daleby Trader_Dale2
NZDUSD BEARI think it is about time the bear woke up so this, as with others I've posted, are the bear set-ups... LETS GO!!!Shortby elitetechfx-dailyUpdated 12
NZDUSDwe analyze and review this currency pair in a monthly to 1-hour time frame and identify the important areas and then open a short trade.Shortby sepidehsky2
NZDUSD - Short Trade IdeaNZDUSD recently displaced to the downside but quickly made a recovery and displaced above the swing of the recent drop. There was buyside liquidity in the form of equal highs that were swept, but the candle bodies seem to be respecting the bearish Orderblock. I am anticipating price now return to a discount, taking out the sellside liquidity below, into a weekly BISI. - R2FShortby Road_2_Funded2
NZDUSD Will Move Higher! Buy! Take a look at our analysis for NZDUSD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.610. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.612 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 113
NZDUSD Will Go Lower! Sell! Take a look at our analysis for NZDUSD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.612. Considering the today's price action, probabilities will be high to see a movement to 0.608. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProvider113
Kiwi H4 | Potential bullish bounceThe Kiwi (NZD/USD) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 0.6101 which is a pullback support. Stop loss is at 0.6072 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level. Take profit is at 0.6167 which is an overlap resistance. 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. 68% 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. 70% 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.Long03:08by FXCM2
NZUSD bias long Bullish indications: Double bottom formation with inverted head and shoulder pattern. bullish divergence in 1 hr time frame. Moring star candle from support. HHHL Bearish indications: Strong evening star candle in day time frame. Trade plan bias long @ 0.61130 SL:0.60981 TP1:0.61282 TP2:0.61378 Longby gouthamkulal12
NZDUSD - Long after filling the imbalance !!Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. I want price to continue the retracement to fulfill the imbalance and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content! Longby Snick3rSD8
NZD/USDEntry point: 0.62022 {For more certainty, it is better to break the trend line first.} Profit limit: 0.61582 0.61322 This is technical analysis regardless of fundamental analysis So consider the basics. {{{{!!!!!!!! }}}} Remember that there is no 100% in financial markets and these are just one person's ideas.Shortby ZADERAMEZAN-FXUpdated 226
Lingrid | NZDUSD divergence at RESISTANCE zoneThe daily chart shows that market testing the resistance zone, a key area where a significant bearish move occurred. FX:NZDUSD has lost momentum in this zone, as evidenced by the formation of a divergence. On the 4H chart, candles are shrinking, indicating a potential slowdown in the market's ascent. Given this pattern, I expect the market to pull back from this zone as it becomes overextended. Specifically, if the price makes a fake breakout above the psychological level of 0.62000, it suggests that the market will make retracement from this zone. My target is a support level at 0.61500 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Shortby Lingrid1115
More Upside For Kiwi After A Pause New Zealand dollar (NZD) is declining against the US dollar (USD) since the end of last week when the US dollar surged following strong and unexpected jobs data, despite the US unemployment rate rising to 4%. Analyzing the updated wave structure, we observe that the price is trading outside of the upward channel, indicating that a correction is taking place. This is totaly normaly and expected as we can count a completed five-wave rise from April lows to June highs. Ideally, this current move is a temporary pause, forming a three-wave correction (ABC). Therefore, we expect a new upward resumption after this setback. The support levels to watch are the 50% retracement at 0.6035 and the 61.8% retracement at 0.6000, which also aligns with psychological and technical support levels from April's swing highs and May's swing lows.Longby ew-forecast1
NU Trading Plan - 9/Jun/2024Hello Traders, Hope you all are doing good!! I expect NU to react from the highlighted zones. Currently NU is in bigger correction & I am still seeing the potential bigger move towards upside. Plan to Trade: If market starts to correct from current levels upside and hit the highlighted zone, then short term sells are possible. 0.605 will be the area where I will start to look for my BUYs. Look for your BUY entry setups as per the above expectations. Your follow and like will be a token of appreciation. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.Longby For3xScalper1
NZD/USD: Takeaways into ThursdayNZDUSD – Technical Overview The overall pressure remains on the downside, with the market stalling on attempts to move up into the 0.6500 area. However, there are indications that the market may be attempting to establish a longer-term base. To alleviate medium-term downward pressure and support this prospect, a break back above 0.6500 is necessary. A monthly close below 0.5800 would intensify bearish price action. R2: 0.6222 – 12 June high – Strong R1: 0.6200 – Figure – Medium S1: 0.6083 – 22 May low – Medium S2: 0.6031 – 15 May low – Strong NZDUSD – Fundamental Overview The New Zealand Dollar has benefited from the risk-on sentiment following the latest soft CPI print from the US, which has renewed demand for risk-correlated assets. However, rallies have been hindered by more hawkish communications from the Fed. Key highlights on Thursday's calendar include German wholesale prices, Eurozone industrial production, US producer prices, US initial jobless claims, and some Fed speak. Exclusive FX research from LMAX Group Market Strategist, Joel Krugerby BlackBull_Markets2
NZDUSD SHORTSExpecting rejection from current supply level to a level of demand or support. Divergence on LTF for confirmation.Shortby Catchingpips_112
NZDUSD 1HSupport Level: 0.61000The level of 0.61000 is identified as a support level. This means that historically, the price has had a tendency to halt its decline around this level, indicating strong buying interest. As long as this level holds, it suggests that buyers are willing to enter the market and push the price higher. Take Profit Target: 0.61550The take profit level is set at 0.61550. This means that once the price reaches 0.61550, it is advisable to close the position to secure gains. This level is identified based on expected resistance or a strategic price point where taking profits is deemed optimal. In summary, the trade strategy is to rely on the support level of 0.61000 holding firm. If this condition is met, the position should be maintained until the price reaches the take profit target of 0.61550.Longby vbenking91111
NZDUSD looking to push up after NFPNZDUSD might go up next week but there's also a strong possibility that it might break below the POI and continue its bearish rally.Longby CAPITALPFX1
NZD_USD BULLISH BIAS|LONG| ✅NZD_USD is approaching a demand level of 0.6080 So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bullish bandwagon just on time to get the best Risk reward ratio for us LONG🚀 ✅Like and subscribe to never miss a new idea!✅ ——————————————————————————Longby ProSignalsFx112