NZDUSD - Harmonic ABCDThe pair has printed a HL and formed Bearish ABCD pattern. indicating there is more room to go long before any reversal at PRZLongby kiki_crypto0
NZDUSD - BUY SCALPHello, the signal is here, enjoy your trade and I hope it goes up.Longby ATRFinder223
✅NZD_USD RISKY LONG FROM FALLING SUPPORT🚀 ✅NZD_USD broke the Falling resistance line Which is a support now And is going down to Retest it and after that We will be expecting A local bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx226
NZDUSD - trading session no. 20Ive been working on a new system that is really similar to this one - with less technical analysis. Its on NQ between 5pm - 8pm so I might be trading less forex for now; but well see PnL: +0.6 pips (+1RR)Longby GRBmlr1
NZDUSD - Bat PatternA strong Bat Pattern has been observed with clear divergence on RSI on the 1 hour timeframe. Trade Plan: Short Entry: 0.59947 SL: 0.60519 TP1: 0.59370 TP2: 0.58800Shortby WaqasWasi0
NZDUSD retesting a strong resistanceWith the overall performance of the USD at the moment, NZDUSD is joining the queen. NZDUSD sell. Goodluck!Shortby eganuxfx662
Weak US employment will help the New Zealand dollar riseWeak US employment will help the New Zealand dollar rise. Examining the trend in the four-hour time frame, the New Zealand dollar/US dollar can rise to the upper level resistance of the Andrews fork in the 200% Fibo range at $0.6094, maintaining the important support interval in the range of 0.5984-0.5971.Longby arongroups2210
Continuous bullish flagPrice is forming a continuous bullish flag, if flag is completed price will move upwards towards nearest previous lower high/liquidity. Longby SM_Makhuba0
Comprehensive Technical Analysis of the NZD/USD Currency PairAs of the most recent data, the NZD/USD pair is trading at approximately 0.6010. The currency pair has been exhibiting fluctuations within a defined range, showing signs of both resistance and support at critical technical levels. The NZD/USD pair is currently trading just below the Ichimoku Cloud. This positioning suggests a bearish sentiment in the market, as the cloud acts as a resistance area. A break above the cloud would be needed to confirm a bullish reversal. The pair has rebounded off the 0.618 Fibonacci level of the most recent downward move, indicating a possible area of strong support around 0.60346. This level will be crucial for determining the pair's short-term direction. Relative Strength Index (RSI): At around 50, the RSI is neutral, suggesting that there is not a significant directional momentum in the market currently. MACD: The MACD line is nearly flat and very close to the signal line, indicating a lack of momentum and a consolidative market phase. Stochastic RSI: Indicates neutrality, supporting the ongoing indecision in the market direction. Short-term moving averages are showing a mixed signal with slight bearish bias as the price is below some of the key moving averages like the 10 and 20 SMA but above the longer-term 50 SMA. The price has been showing a tendency to bounce off support levels while struggling to break above resistance. The most recent candlesticks suggest a tentative approach by traders, reflecting uncertainty. Using the classic pivot points, the main pivot point stands at 0.59773. Resistance levels are at R1 (0.60799) and R2 (0.61509), with support levels at S1 (0.59063) and S2 (0.58037). Trading Strategy and Price Forecast: Entry Point: A long position is advisable if the NZD/USD pair breaks above the Ichimoku Cloud, specifically if it crosses above 0.60346 convincingly. Target Price: The first target would be the R1 pivot point at 0.60799, with potential extension towards R2 at 0.61509. Stop Loss: A stop loss should be placed at 0.59900, just below the current trading level to mitigate risk in case of a trend reversal. Entry Point: Enter a short position if the price falls below the S1 pivot point at 0.59063. Target Price: The initial target would be the S2 level at 0.58037. Stop Loss: Place a stop loss around 0.59500 to protect against upside reversal. Market Sentiment: The current market sentiment is cautiously bearish, with traders watching for a potential downward move or a reversal if it breaks above the key resistance levels. Given the mixed signals from the technical indicators but a slight bearish bias from the Ichimoku Cloud and pivot points, there is a speculative forecast that NZD/USD may test the support at 0.59063 in the short term. If this level does not hold, further downward movement towards 0.58037 is likely. Conversely, any shift in macroeconomic factors or USD dynamics could push the pair above the Ichimoku Cloud, altering the bearish outlook. by AxiomEx2
NZDUSD forming a top?NZDUSD - 24h expiry Price action has continued to trend strongly higher and has stalled at the previous resistance near 0.6040. Short term RSI has turned negative. Risk/Reward would be poor to call a sell from current levels. A move through 0.6000 will confirm the bearish momentum. The measured move target is 0.5980. We look to Sell at 0.6040 (stop at 0.6065) Our profit targets will be 0.5980 and 0.5970 Resistance: 0.6020 / 0.6040 / 0.6050 Support: 0.6000 / 0.5990 / 0.5980 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 OANDA5
NZD-USD Swing Breakout! Buy! Hello,Traders! NZD-USD broke out of The big opening wedge Pattern and the breakout Is confirmed so we are Locally bullish biased And we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals226
Nzdusd sellBearish market structure, took liquidity with in the imbalance signaling bearish movement, dxy is also going up, Shortby seanstone12240
May 6th 2024 - NZD/USDOVERALL GAME PLAN * Currently in a sell position for NZD/USD SELL 0.10 ANALYSIS IN MY FAVOR * Overall trend is a bearish trend * Currently at resistance ANALYSIS AGAINST ME * Short term trend is a bullish trendShortby Vadym-Tradez2
NZDUSD: More Growth is Coming 🇳🇿🇺🇸 Like US30 Index, NZDUSD looks very bullish on a daily. The price formed a double bottom pattern and broke its neckline on Friday. The next strong resistance is 0.606. We can expect a bullish continuation to that area. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader117
NZDUSDNZDUSD price is near the resistance zone. 0.60638-0.60748 If the price cannot break through the 0.60748 level, it is expected that in the short term there is a chance that the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Shortby Serana23244
NZDUSDNZDUSD is now near an important support zone. 0.58533-0.57922 If the price cannot break through the level of 0.57922, it is expected that there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Longby Serana2324Updated 7714
NZDUSD Bullish Momentum Showing ABCD Setup Making higher high and D is potential Sell Zone looking for any seller come in and will take a short entry Longby Mazharghouri1
NZDUSD Is approaching a significant resistanceHey 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 JoeChampion2216
2and order for nzdusd*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.Shortby iminigham114
Kiwi H4 | Pullback resistance at 78.6% Fibonacci retracementThe Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6037 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level. Stop loss is at 0.6093 which is a level that sits above the 161.8% Fibonacci extension level and a swing-high resistance. Take profit is at 0.5982 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. 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.Short03:58by FXCM4
Pullback resistance at 61.8% Fibonacci retracementThe Kiwi (NZD/USD) is rising towards the pivot. Could this FX pair stall around this level before potentially reversing to drop lower towards the 1st support? Pivot: 0.6059 1st Support: 0.5974 1st Resistance: 0.6176 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets3