✅NZD_USD LOCAL SHORT🔥 ✅NZD_USD is going up to retest a horizontal resistance of 0.5959 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 0.5913 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx1
Weakness of DXY, classic zigzag of bullish scenarioEsteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules. As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy. I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision. For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea. My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace. I express my gratitude for your continued support and kindness, and welcome your comments and critiques. May my analysis be a valuable asset to your business journey, and I remain sincerely yours, Mr. Nobody The bearish scenario of any corrective pattern and trend continuation Longby mehdi47abbasi7912
NZDUSD Bearish Momentum Expected from Anti-Butterfly PatternHarmonic Pattern Formation: Anti-Butterfly (XABCD) NZDUSD is currently forming an Anti-Butterfly Harmonic Pattern on the 4-hour time frame. The pattern consists of four distinct legs: X, A, B, and C, with Point D indicating a potential reversal area. Confluence with Trendline and Fibonacci Level: The Anti-Butterfly pattern is accompanied by a trendline, adding confluence to the potential reversal zone. Price has exhibited a strong rejection at a key resistance level and the 0.618 Fibonacci retracement level, indicating significant selling pressure. Bearish Momentum Expected from Point D: With the rejection at resistance and Fibonacci level, we anticipate a shift in momentum towards a bearish trend from Point D of the harmonic pattern. Trade Setup: Entry: 0.59215 Stop Loss: 0.59560 Profit Targets: TP-1: 0.58867 TP-2: 0.58525 TP-3: 0.58175 Rationale: The entry point aligns with the anticipated reversal from Point D of the harmonic pattern, offering a favorable risk-reward ratio. The stop loss is placed above the recent swing high to mitigate potential losses in case of a reversal. Profit targets are set at key support levels based on previous price action and Fibonacci extensions. Risk Management: Maintain proper position sizing to limit exposure to potential losses. Regularly monitor the trade for any signs of invalidation or early exit signals. Disclaimer: Trading involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. Always conduct your own analysis and consider your risk tolerance before entering any trade.Shortby trading_jupiter2210
longI am expecting long on the NZDUSD market can go high and will touch the above resistance level by aslamfahad0200
NZDUSDNZDUSD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?by JustTradeSignals6
DecreaseThe height was hit the previous day I expect a decline from the supply zoneShortby ALiAmin_FX0
NZDUSD 15MINNZDUSD 15MIN R:R = 3.5 RBR ZONE : This zone is calculated by supply and demand method Longby amirprvf0
NZDUSD Short.1.77 R:R Price at 0.59400 resistance level showing some weakness Inflation declining in NZ. Inflation rising again in the US Better GDP and employment data in the US compared to NZ 10 years bond yield spreads in a downtrend COT report showing 62% of Non-Commercial positions are short for NZD Shortby asoto811
NZDUSD is going to be BullishTrade Idea: Long NZD/USD Analysis Overview: In this trade idea, we are anticipating a bullish reversal in the NZD/USD currency pair based on a confluence of technical factors observed on the 4-hour chart. Technical Rationale: 1. Bearish Trend Reversal: Recent price action indicates a prevailing bearish trend in the NZD/USD pair. 2. Liquidity Sweep: A notable event marked as "$$$" on the chart signifies a liquidity sweep within the downtrend, often indicating a potential exhaustion of sellers. 3. Market Structure Shift (MSS): Following the liquidity sweep, the market has exhibited a significant shift in structure, breaking above the previous high. This suggests a potential shift in sentiment from bearish to bullish. 4. Fibonacci Retracement: Anticipating a retracement towards the 0.75 Fibonacci level, which aligns with historical support and resistance levels. Trade Plan: 1. Entry: Upon the NZD/USD reaching the 0.75 Fibonacci level, signifying a retracement within the newly formed bullish structure. 2. Take Profit (TP): Set TP levels at the 0 Fibonacci level or the nearest high to the left, aiming to capitalize on potential bullish momentum. 3. Stop Loss (SL): Place SL at or little bit below 1 Fibonacci level to mitigate potential downside risk. Risk Management: 1. Position Sizing: Ensure proper position sizing relative to account size and risk tolerance. 2. Adaptive Management: Monitor price action closely and adjust SL levels accordingly to protect profits. Conclusion: In summary, this trade idea on NZD/USD is based on the anticipation of a bullish reversal following a liquidity sweep and market structure shift observed on the 4-hour chart. By combining technical analysis with prudent risk management, this trade aims to capture potential upside momentum in the currency pair.Longby Bandara_Amarasinghe0
Lingrid | NZDUSD short the MARKET from the SWAP zoneThe price perfectly fulfilled my previous idea. It hit the target level. The market bounced off the support level and made a pullback towards the swap level. FX:NZDUSD made a fake breakout of the previous week's high. I think if the price grabs liquidity above the resistance high, it might move lower because we still have a bearish trend. One thing to mention is that the price also made a fake breakout of the previous day high. My goal is the support level at 0.58700 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Shortby Lingrid3310
NZDUSD 2H Intraday Bullish: The price is a bullish trend making HH and HL. As long as 0.58945 is support look for long positions and target 🎯 0.60100Longby vbenking911
NZDUSD - ShortNZDUSD - Short Structures after structures. Following the DXY bullish bias for the week, USD pairs are also part of the overall correlated bias.Shortby Virionaire2
Kiwi H4 | Approaching 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 0.5932 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 0.5980 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at 0.5859 which is a pullback 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. Stratos Markets Limited (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 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.Short03:22by FXCMUpdated 2
NZDUSD Double Top Trend ReversalTrade #1 Trade Type: Buy Limit Entry Level: 0.59343 Stop Loss: 0.58544 Take Profit: 0.60153 Risk to Reward Ratio: 1:1 Trade #2 Trade Type: Buy Limit Entry Level: 0.59343 Stop Loss: 0.58544 Take Profit: 0.60995 Risk to Reward Ratio: 1:2 Longby Thrifttrader891
NZDUSD to turnaround?NZDUSD - 24h expiry Price action looks to be forming a bottom. Price action has continued to trend strongly lower and has stalled at the previous support near 0.5875. A move through 0.5925 will confirm the bullish momentum. The measured move target is 0.6000. The RSI is trending higher. We look to Buy at 0.5925 (stop at 0.5895) Our profit targets will be 0.5995 and 0.6000 Resistance: 0.5950 / 0.5980 / 0.6000 Support: 0.5925 / 0.5900 / 0.5880 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. Longby OANDA8
nzdusdWe sell this pair right now. Market price. 48h máximum. Let's see. Good luck. Shortby SGsauragestionUpdated 1
NZDUSD giving us a technical push to the upside, 2hrNZDUSD has been in a downtrend for quite some time now. Using a trends in trends analysis in a smaller time we have created a LL by our downtrend We have double bottom reversal pattern which indicates that buyers are in control for the moment and we are looking to catch a few pips in the upcoming corrective move. With a current negative movement of the dollar index the NZD will push to the upside.Longby AnalysisExpert2
NZDUSD showing trend ReversalNZDUSD showing trend Reversal, there is divergence in RSI, it is expected to go in bullish trendLongby aalihassanUpdated 2
NZDUSD - In Bearish Trend- NZDUSD is currently making LH and LL showing classic down trend. - Last impulse move went down from 0.59332-0.58524, a down move of about 1.36%. - Since making last LL, price has made to 0.5 - 0.618 fibonacci retracement zone. - No bullish divergence has been identified. - Trendline has not captured price.Shortby AnalytixEdgeByQasimUpdated 443
NZDUSD Sell OpportunityPrice Action Suggesting selling opportunity here. Let's see how it goesShortby ContrarianTrades1
NZDUSD Long Trade IdeaThis down trend look its about to recover towards retesting at 200 MA.this is opportunity to ride the move towards resistance located at 200 MA,Longby jtokwana0
NZDUSD LOOKS BEARISH MOMENTUMThe NZD/USD pair appears bearish today, April 23, 2024, due to a combination of technical indicators suggesting a downward trend. Here are some key points from the technical analysis: • Moving Averages: A majority of moving averages are signaling sell, indicating a bearish trend • Technical Indicators: The overall summary from technical indicators is neutral, but specific indicators like the Relative Strength Index (RSI) and MACD are suggesting a sell • Pivot Points: The current price action is testing key pivot point levels, which could determine the next directional move It's important to note that while technical analysis can provide insights, it's always good to consider multiple factors, including market news and economic events, when analyzing currency movements. Remember, trading involves risks and it's crucial to do thorough research or consult with a financial advisor before making any investment decisions.Shortby ss7trader1
NZDUSD Breakout and Potential retraceHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59200 zone, NZDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.59200 support and resistance zone. Trade safe, Joe.Shortby JoeChampion3