Potential bullish reversal?The Kiwi (NZD/USD) is falling towards the pivot and could reverse to the 1st resistance level which is an overlap resistance.
Pivot: 0.6235
1st Support: 0.6189
1st Resistance: 0.6298
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.
NZD (New Zealand Dollar)
Bullish reversal off overlap support?NZD/USD is falling towards the support level which is an overlap support and could bounce from this level to our take profit.
Entry: 0.6254
Why we like it:
There is an overlap support level.
Stop loss: 0.6208
Why we like it:
There is a pullback support that aligns with the 138.2% Fibonacci extension.
Take profit: 0.6305
Why we like it:
There is an overlap resistance
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
GBPNZD Strong buy signal at the bottom of the Channel Up.The GBPNZD pair has been trading within an 11-month Channel Up and since its break below the 1D MA50 (blue trend-line) on August 28, it has been forming the new bottom. Monday saw it approaching the Higher Lows trend-line and with the 1D MA200 (orange trend-line) just below it as a Support, we believe that we've seen the new Low.
In fact, as the 1D RSI made a Double Bottom, it resembles the Channel's last bottom formation on June 06. The final confirmation of the bullish break-out will be when a 1D candle closes above the 1D MA50. We expect at least a +4.45% rise, thus targeting 2.19000 on the medium-term.
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Bullish bounce?NZD/CAD is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 0.84367
1st Support: 0.83708
1st Resistance: 0.85278
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.
NZDUSD forming a top?NZDUSD - 24h expiry
Price action looks to be forming a top.
Short term RSI is moving lower.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
A move through 0.6275 will confirm the bearish momentum.
We look to Sell at 0.6300 (stop at 0.6330)
Our profit targets will be 0.6220 and 0.6205
Resistance: 0.6300 / 0.6315 / 0.6325
Support: 0.6275 / 0.6250 / 0.6225
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.
EURNZD - A Top-Down Tutorial (ICT)In this video I go through how I perform a top-down analysis and zone in on exactly where I am in price action in order to source for the next high-probability trade. IF there is none, then we stay out until more clues are provided. We DO NOT want to chase price and get in on consolidative and manipulative price action. We want to be hunters, not sheep.
- R2F
Bullish bounce?NZD/CAD is falling towards the support level which is a pullback support that slightly below the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.85288
Why we like it:
There is a pullback support level which is slightly below the 38.2% Fibonacci retracement.
Stop loss: 0.84756
Why we like it:
There is a pullback support level.
Take profit: 0.86072
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
NZDJPY to continue in the upward move?NZDJPY - 24h expiry
Price action looks to be forming a bottom.
A Doji style candle has been posted from the base.
Short term bias is bullish.
Preferred trade is to buy on dips.
Further upside is expected although we prefer to buy into dips close to the 90.60 level.
We look to Buy at 90.60 (stop at 89.88)
Our profit targets will be 92.40 and 95.60
Resistance: 92.90 / 95.60 / 99.00
Support: 89.15 / 86.80 / 83.05
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.
NZDCHF Massive Long! BUY!
My dear subscribers,
NZDCHF looks like it will make a good move, and here are the details:
The market is trading on 0.5321 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5333
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
NZDCAD - Long from bullish order block !! Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. My point of interest is price to fill the imbalance lower and then to reject from bullish OB.
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NZD/JPY SHORT FROM RESISTANCE
Hello, Friends!
We are going short on the NZD/JPY with the target of 85.850 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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NZD/CHF BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
NZD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently falling on the 1H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.533 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
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NZD_CAD LOCAL SHORT|
✅NZD_CAD went up just as
I predicted in my previous analysis
But is now approaching a supply level of 0.8624
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bearish bandwagon just on time to get the best
Risk reward ratio for us
SHORT🔥
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NZD_CAD BULLISH BREAKOUT|LONG|
✅NZD_CAD is trading in an
Uptrend and we are seeing a
Strong bullish breakout of the
Key horizontal level of 0.8520
Which is now a support so
After a potential local pullback
We will be expecting a
Further bullish continuation
LONG🚀
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Ncad more upside to come,it seems :)Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Should be getting to see more upside
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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EN bias to short,likewise for GNHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Both eurnzd and gbpnzd should be seeing more downside, had shorted since last week..this week shall continue unless something else happened :)
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
GBP-NZD Will Keep Falling! Sell!
Hello,Traders!
GBP-NZD made a bearish
Breakout of the key horizontal
Level of 2.1146 which is now
A resistance and the breakout
Is confirmed so after a local
Pullback we will be expecting
A further bearish move down
Sell!
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Check out other forecasts below too!
NZDUSD - Long Trade Idea (ICT)Price is close to some juicy equal highs, so I will be anticipating a retracement into a POI to catch a trade on a lower timeframe to that area as my low hanging fruit objective.
I see price either coming into a 2W Bullish Breaker (Coupled with a NWOG), or a 2D Bullish Orderblock.
The annotated stoploss is for illustration purposes only. Price can very well wick down there, albeit a more extreme scenario. If price closes below that 2D Bullish OB, then this long idea would be no longer valid until the equal lows are taken out.
- R2F