Heading into resistance?NZD/JPY is rising towards the pivot and could reverse to the 1st support.
Pivot: 85.23
1st Support: 83.78
1st Resistance: 85.70
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)
GBPUSD BUY 📊 Technical Analysis & Entry Signal 💹
🔍 The chart shows a strong uptrend where the price has broken a key resistance level and is now pulling back to retest it. As highlighted in the analysis, it's crucial to wait for a complete pullback and confirmation before entering a trade.
📈 Entry Signal:
✅ Entry: After pullback confirmation around 1.27570
🎯 Targets:
First Target: 1.27952
Second Target: 1.28269
Third Target: 1.28645
🛑 Stop Loss: 1.27414 (Risk management is essential)
📝 Important Note: Always manage your risk and avoid entering without confirmation. 📉
NZDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.56400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.56400 support and resistance area.
Trade safe, Joe.
GBPNZD Maintains Bullish Momentum - Is 2.27040 the Next Target?OANDA:GBPNZD is trading within a well-defined ascending channel, with price action respecting both the upper and lower boundaries. The recent bounce off the midline suggests buyers are maintaining control, supporting a potential continuation of the uptrend.
As long as the price remains above the support level and the channel's lower boundary holds, the bullish structure remains intact.
A potential upside target is 2.27040, aligning with the upper boundary of the channel. A break and close above this level could signal further bullish momentum.
However, a decisive break below the channel’s lower boundary or the support zone would invalidate the bullish outlook and could signal a shift in market sentiment.
Remember, always confirm your setups and trade with solid risk management.
Best of luck!
NZD/CHF "Kiwi vs Swissy" Forex Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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Entry 📈 : "The heist is on! Wait for the breakout (0.50100) then make your move - Bearish profits await!" however I advise placing Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Thief SL placed at (0.50700) swing Trade Basis Using the 4H period, the recent / swing high or low level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 0.49400 (or) Escape Before the Target
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📰🗞️Fundamental, Macro, COT Report, Quantitative Analysis, Intermarket Analysis, Sentimental Outlook:
NZD/CHF "Kiwi vs Swissy" Forex Market is currently experiencing a Bearish trend in short term, driven by several key factors.
🔰Fundamental Analysis
Fundamental analysis examines the economic indicators of New Zealand and Switzerland, which directly influence the NZD/CHF pair.
🔰New Zealand Economic Indicators:
GDP growth is forecasted at around 1-2% for 2025, reflecting a moderate recovery New Zealand GDP Growth Forecast. Recent data shows a contraction of 1% in Q3 2024, indicating challenges Monthly Economic Review.
Inflation rate is stable at 2.2% as of the latest data, within the Reserve Bank of New Zealand's (RBNZ) target range New Zealand Inflation Rate.
Interest rates are around 3.75-4%, with recent cuts signaling a dovish stance to support the economy New Zealand Interest Rate.
Trade balance shows a deficit, with recent figures at NZD 219 million surplus in December 2024, but annual trends indicate ongoing deficits New Zealand Balance of Trade.
Major exports include dairy products, meat, logs, and wood, while imports are dominated by petroleum and machinery, making NZD sensitive to commodity price fluctuations.
🔰Switzerland Economic Indicators:
GDP growth is projected at 1.3-1.5% for 2025, with a recent quarterly expansion of 0.4% in Q3 2024 Switzerland GDP Growth Rate.
Inflation is forecasted at 1.1-1.4% for 2025, currently at 0.4% in January 2025, reflecting low inflationary pressure Switzerland Inflation Rate.
Interest rates are at 0.50%, with potential for further cuts, as indicated by the Swiss National Bank (SNB) Switzerland Interest Rate.
Switzerland maintains a trade surplus, with January 2025 surplus at CHF 4029.15 million, driven by exports like pharmaceuticals and watches Switzerland Balance of Trade.
The interest rate differential, with New Zealand's rates higher, could attract capital to NZD, but Switzerland's stable economy and surplus may support CHF.
🔰Macroeconomics
Macroeconomics encompasses broader economic factors influencing the pair:
New Zealand's economy is commodity-driven, with dairy and meat exports critical. Recent declines in commodity prices, forecasted at 5% in 2025 Commodity Forecast, could weaken NZD.
Switzerland's economy, with a strong financial sector and safe-haven status, benefits from global uncertainty, potentially strengthening CHF during risk-off periods.
Both countries face global trade dynamics, with New Zealand's deficit and Switzerland's surplus affecting currency valuation.
🔰Global Market Analysis
Global economic conditions play a significant role in currency movements:
Global GDP growth is projected at 3.3% for 2025, according to the IMF, with mixed regional performances World Economic Outlook.
Commodity prices are expected to decline, negatively impacting NZD due to New Zealand's export reliance Commodity Markets Outlook.
Stock markets show mixed performance, with international stocks outperforming U.S. markets in early 2025, potentially affecting risk-sensitive currencies like NZD Global Stock Market Performance.
Bond yields are stable, with U.S. 10-year Treasury yields above 4.5%, influencing global currency flows Global Economic Outlook.
🔰COT Data and Positioning
COT data provides insights into large trader positions, though direct NZD/CHF data is limited, requiring analysis of NZD/USD and USD/CHF:
For NZD/USD, non-commercial traders are assumed net long, suggesting bullish sentiment on NZD NZD COT Data.
For USD/CHF, net short positioning (long CHF) indicates bearish USD sentiment, supporting CHF CHF COT Data.
Positioning suggests a complex dynamic, with NZD strengthening against USD but CHF also gaining, potentially leading to downward pressure on NZD/CHF if CHF strengthens more.
Trader sentiment, with 91% long positions recently, contrasts with price movements, creating a bearish indicator Forex Sentiment NZDCHF.
🔰Intermarket Analysis
Intermarket relationships influence currency valuation:
NZD is highly correlated with commodity prices, particularly dairy and meat. With a forecasted 5% decline in 2025, NZD faces downward pressure Commodity Price Forecast.
CHF, as a safe-haven currency, strengthens during global risk-off periods, with recent stock market volatility supporting its value Global Market Outlook.
Bond yields and equity market performance suggest CHF may benefit from risk aversion, while NZD suffers from commodity weakness.
🔰Quantitative Analysis
Technical analysis provides insights into price trends:
At 0.50300, NZD/CHF is below key moving averages (e.g., 50-day and 200-day), indicating a downtrend NZD CHF Technical Analysis.
RSI (Relative Strength Index) suggests potential oversold conditions, with values around 30, hinting at possible reversals, but current momentum leans bearish TradingView Analysis.
Support levels are near 0.5000, with resistance at 0.5100, based on recent charts NZD/CHF Technical Analyses.
🔰Market Sentimental Analysis
Market sentiment reflects trader positioning and expectations:
Recent data shows 91% of traders long on NZD/CHF, with an average price of 0.5250, contrasting with a downward price movement, creating a bearish indicator Forex Sentiment NZDCHF.
COT data and retail sentiment suggest mixed views, with institutional traders showing caution, potentially aligning with bearish technical signals.
🔰Next Trend Move and Overall Outlook
Combining all factors, the next trend move for NZD/CHF is likely downward:
Declining commodity prices and New Zealand's trade deficit weigh on NZD.
CHF's safe-haven status and lower interest rates support its strength, especially in uncertain global conditions.
Technical indicators and sentiment align with a bearish outlook, with the pair expected to test lower support levels.
The overall summary outlook is bearish, with NZD/CHF likely to decline further in 2025, though higher New Zealand interest rates provide some counterbalance. Real-time market feeds up to March 4, 2025, confirm this trend, with future predictions leaning toward continued bearish movement.
🔰Table: Summary of Key Economic Indicators
Indicator New Zealand (2025 Forecast) Switzerland (2025 Forecast)
GDP Growth 1-2% 1.3-1.5%
Inflation Rate 2.2% 1.1-1.4%
Interest Rate 3.75-4% 0.5% (potential cuts)
Trade Balance Deficit Surplus
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
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Bearish reversal?NZD/CAD is reacting off the pivot and could reverse to the 1st support.
Pivot: 0.8152
1st Support: 0.8078
1st Resistance: 0.8194
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.
GBPNZD - Bullish Continuation in Play?OANDA:GBPNZD is currently trading within an ascending channel, indicating a strong uptrend. The price has broken above a key resistance zone and may now be pulling back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation.
If buyers confirm support at this level, the price is likely to move upward toward 2.26160, which aligns with the upper boundary of the channel. Conversely, a failure to hold support could signal a potential bearish shift.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀📈
Bearish drop?The Kiwi (NZD/USD) is rising towards the pivot and could drop to the 1st support which is a pullback support.
Pivot: 0.5686
1st Support: 0.5547
1st Resistance: 0.5761
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.
NZDCAD Selling Trading IdeaHello Traders
In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET
today NZDCAD analysis 👆
🟢This Chart includes_ (NZDCAD market update)
🟢What is The Next Opportunity on NZDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NZDCHF - Short from bearish OB !!Hello traders!
‼️ This is my perspective on NZDCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled + rejection from bearish OB.
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NZD/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
NZD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 86.006 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
GBPNZD – ready to go long again ... the week of 03 Mar Monthly – bullish
Weekly – bullish
Daily – bullish, broke above previous highs already. Price above 200sma.
H4 – After the break out, price is pulling back. We have no idea where the pullback may terminate, but the support located around 2.2370 or preferably, the zone marked between 2.2212 – 2.21520 (or any other point in between) may hold price.
If there is no further pullback, I will not be interested in trading this pair for now. However, if price action develops as I anticipate, I will be looking for signs of a bullish continuation. My stop would be below the recent swing low and I will at first, target 2.2700 with the potential to extend much higher.
This is not a trade recommendation, merely my own analysis. Trading carries a high level of risk, so only trade with money you can afford to lose and carefully manage your capital and risk. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!!
It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
NZD/CHF SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
The BB lower band is nearby so NZD-CHF is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.510.
✅LIKE AND COMMENT MY IDEAS✅
NZDJPY at Key Support Level – Rebound Toward 86.660?OANDA:NZDJPY is approaching a significant support zone, marked by prior price reactions and strong buying pressure. This area has historically served as a key demand zone, suggesting the potential for a bullish reversal if buyers step in.
The current market structure indicates that if the price confirms a rejection from this support zone, there is a high probability of an upward move. I anticipate that if buyers defend this level, the market may head higher toward the 86.660 target, which represents a logical target within the current market structure. However, a break below this support would invalidate the bullish bias and could lead to further declines.
If you have any thoughts on this setup or see an alternative perspective, feel free to comment!
NZDJPY - Shifting Trends Soon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉NZDJPY has been overall bearish , trading within the falling channel marked in red.
However, it is currently retesting the lower bound of the channel which lines up perfectly with the support zone marked in blue.
📈As per my trading style , as long as the support zone holds, I will be looking for buy setups on lower timeframes.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZD/CAD -H1 Chart - Wedge Breakout (27.02.2025)The NZD/CAD Pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 0.8101
2nd Support – 0.8068
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Bullish bounce off pullback support?NZD/USD is falling towards the support level which is a pullback that is slightly below the 161.8% Fibonacci extension and the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.5606
Why we like it:
There is a pullback support level that is slightly below the 61.8% Fibonacci retracement and the 161.8% Fibonacci extension.
Stop loss: 0.5567
Why we like it:
There is a pullback support level.
Take profit: 0.5664
Why we like it:
There is a pullback resistance level.
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GBPNZD at Key Resistance: Rebound Toward 2.20986?OANDA:GBPNZD has reached a significant resistance zone, marked by historical price rejections and strong selling pressure. This area has previously acted as a key supply zone, increasing the probability of a bearish reaction if sellers regain control.
The current market structure suggests that if price confirms a rejection from this resistance zone, we could see a potential drop toward the 2.20986 level. This level aligns with previous price reactions and serves as a logical downside target. However, a break and close above this resistance zone would invalidate the bearish bias and could signal further upside continuation.
Traders should look for bearish confirmation signals such as rejection wicks, bearish engulfing patterns, or increased selling volume before considering short positions.
This setup reflects the potential for a pullback after a strong bullish move, supported by historical price action and market structure.
Do you agree with this analysis? Share your thoughts in the comments!
Bearish momentum gaining tractionMarket Analysis:
The current market structure is unfolding with clarity, exhibiting a familiar technical pattern. The price action initiated with a consolidation phase, characteristic of accumulation, followed by a bearish rally to the order block at 0.81400. This rally successfully broke the previous higher high, transitioning into a manipulation phase.
Subsequently, bearish momentum gained traction, reaching the swing low and executing a slight liquidity sweep. The price then marginally rebounded to respect the immediate internal supply zone at 0.81600. A significant rejection occurred at this supply zone, culminating in the clearance of the swing low and resulting in displacement.
Given this shift, the market is anticipated to reverse to the upside, facilitating a liquidity sweep and mitigation of the fair value gap. This final lag of the technique is expected to provide a bearish entry for the distribution phase, targeting the rejection block.
Trade Setup:
- Entry: 0.81700
- Stop Loss: 20 pips at 0.81900
- Target: 100 pips at 0.80700