NZD USDPrice is moving sideways, which suggest we should wait and watch for breakout on either sides. Will have to keep an eye on this script as breakout on either sides will further confirm the bias. if one order is executed we will have to cancel the other order manually.by orchidwings_140
NZDUSD DAILY CHART ANALYSISHello traders, here is a setup of NZDUSD as you can see the price created a falling wedge pattern which signals a bullish reversal and the price has already broken the structure or the pattern so now I will wait for the price to pullback into the resistance zone that will act as support and look for bullish reversal patterns or candle sticks in the support zone.Longby dlaminisya0
NZDUSD MAY GO BULLISH FROM 0.61035 LEVELIf price is offered at 0.61035, a buy opportunity is envisaged . Price is currently falling to our buy price at 0.61035 level where we look forward to going long.Longby Cartela0
NZDUSD The technical analysis for AUDUSD shows a bullish trend with a bullish rectangle continuation pattern The bias is bullish, suggesting a Buy Stop Entry on breakout. No divergence only for educational purpose Longby fahadidrees92Updated 0
NZDUSD - Double Top Reversal PatternThe Price has given a breakout from double Top neckline at 0.60943 Sellers will remain in control below necline support. Before forming double Top, we have observed Bearish divergence. The downtrend is expected to remain valid till 0.6047Shortby mhamzasaeedm0
NZDUSD is BullishNZDUSD has made a bullish RSI divergence on 15 min time frame. Since the macro-trend is also bullish, hence an upward move is expected from here. Entry will be taken at the break of previous lower high. Targets are mentioned on the chart. Longby Fahad-Rafique0
NZDUSD - longLooks like it wants to go up, SMT divergence with dollar in daily FVG, but lack USD news has kept it in a consolidation. Longby rpTrading110Updated 0
NZDUSD Will Keep Growing!NZD-USD finally broke the Long-term falling resistance Line and the breakout is Confirmed so we are Bullish biased and I think The the pair will go higher Mid-term !Longby kacim_elloitt1
To 0.61585Nzdusd has found some support on the 30 min tf at the moment. A break if this resistance is expected before pulling back againLongby regkey4130
NZDUSDThe NZD/USD pair has shifted to an uptrend following a breakout from a descending channel pattern. This bullish breakout indicates a potential reversal of the previous downtrend, suggesting increased buying pressure. Traders might see this as an opportunity for long positions, anticipating further upward movement in the currency pair.Longby forex_info0
NZDUSD - Bearish ReversalThe pair is in uptrend till now, but has shown weakness in the trend after breaking the trend line. The pair made a new high along with the bearish divergence in RSI. Further reversal confluence is the formation of double top. Once the last HL breaks, entry of short can be taken.Shortby kiki_crypto2
Kiwi riding bullsbroken flag + demand zone bounce from earlier = Hitting next supply Dont bother to take the trade, we are already very late on this one! we will see if it comes to retest the flag area then we might enter otherwise it is very poor RRLongby Syed-Usman-Ali0
NZDUSD M15 AnalysisThe market has just reached the extreme overbought (OB) zone on the M15 chart. We’re observing a distinct continuation pattern of bearish structure on the M1 timeframe, which serves as confirmation for low timeframe traders (LFT). Based on this, we can consider a direct selling opportunity from the highlighted zone down to the significant low on the M15 chart.Shortby DCBFOREXTRADING110
NZD/USD Bat PatternNZD/USD Potential bat pattern. Any ideas or anything I'm not able to see. feel free to comment. Happy trading.Longby leveluprc0
NZDUSD - Made a Double Bottom on 4hrNZDUSD was trading in a bearish trend, and recently made a double bottom on 4hr, we are placing buy-stop orders on the break of the neck line. There is RSI div which is conforming the reversal.Longby TheforexrunUpdated 0
Strifor || NZDUSD-16/05/2024Preferred direction: BUY Comment: Buy-priority is also relevant for the New Zealand dollar . Most likely in the very near future we will once again go for maximum updates. The growth target is considered at the level of 0.61670. The most likely scenario, as we have outlined, is an increase from current prices (scenario №1). One can also consider growth from support 0.60713 (scenario №2). Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Longby Viktor_strifor_analystUpdated 111
Market Analysis: NZD/USD Set Sights on Additional UpsideMarket Analysis: NZD/USD Set Sights on Additional Upside NZD/USD is also rising and could aim for a move above the 0.6140 resistance. Important Takeaways for NZD/USD Analysis Today NZD/USD is consolidating gains above the 0.6100 support. There is a key bullish trend line forming with support at 0.6100 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis On the hourly chart of NZD/USD on FXOpen, the pair also followed AUD/USD. The New Zealand Dollar formed a base above the 0.6000 level and started a decent increase against the US Dollar. The pair climbed above the 0.6065 resistance and the 50-hour simple moving average. The pair even spiked above 0.6130. A high was formed near 0.6140 before there was a downside correction. The pair tested the 0.6100 zone before the bulls emerged. It is again rising above the 50% Fib retracement level of the downward move from the 0.6140 swing high to the 0.6095 low. The NZD/USD chartsuggests that the RSI is correcting lower toward 40. On the upside, the pair is facing resistance near the 0.6130 zone and the 76.4% Fib retracement level of the downward move from the 0.6140 swing high to the 0.6095 low. The next major resistance is near the 0.6140 level. A clear move above the 0.6140 level might even push the pair toward the 0.6185 level. Any more gains might clear the path for a move toward the 0.6220 resistance zone in the coming days. On the downside, there is a support forming near the 50-hour simple moving average and a key bullish trend line at 0.6100. If there is a downside break below the 0.6100 support, the pair might slide toward 0.6065. Any more losses could lead NZD/USD in a bearish zone to 0.6040. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen227
Nzdusd is my trade of the week.The Reasons are; All Timeframes are Bullish starting from the weekly, Daily and 4 hour. It failed to break the daily AOI The previous daily candle stick was BULLISH. There was a strong BULLISH engulfing candle on the 4hour and also on the 1hour right above the AOI. Longby damianandrechiedozie1
NZDUSD Set To Fall! SELL! My dear friends, My technical analysis for NZDUSD is below: The market is trading on 0.6115 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.6042 Recommended Stop Loss - 0.6164 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals228
NZDUSD sell setupNZDUSD is in a downward trend channel. This suggests that the New Zealand dollar is weaker than the US dollar. Price has recently showed some rejection at the top of the channel therefore we are looking to sell. The Take Profits target should be 0.58807 .We will set our Stop Loss at 0.60400 to manage risk in case the price reverses. It is important to closely monitor the trade and adjust the Stop Loss as needed to protect profits. Trading in the direction of the trend channel can help increase the probability of a successful trade.Shortby LeoDante_FXUpdated 3
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NZDUSD short from RESISTANCE zoneThe market's correlation with EUR is evident, and FX:NZDUSD is currently testing a key resistance zone on the weekly timeframe. The momentum has stalled in this area, with candles displaying a contraction. This zone has been tested multiple times in the past, each time resulting in a lower price action. Given the market's overextended state, I expect a pullback from this zone. Furthermore, we have a recent two-legged move upwards. Usually this type of move leads to correction. My target is the support level at 0.60510. Shortby ALPHA_CHART224
NZDUSD SHORT Shorting contrarain daily fibonacci at BlackJack setup. weekly is in downtrend and is moving C-D on weely what gives trade biger probability. setup similar to EURUSDShortby matija2310