NZDCAD Is Bullish! Buy!
Please, check our technical outlook for NZDCAD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.814.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.818 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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NZD (New Zealand Dollar)
GBPNZD Is Very Bullish! Long!
Here is our detailed technical review for GBPNZD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 2.147.
The above observations make me that the market will inevitably achieve 2.153 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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NZDUSD Is Nearing 0.58400 Key ResistanceHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.58400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.58400 support and resistance area.
Trade safe, Joe.
TradeCityPro | NZDJPY Weekly Close and Key Outlook👋 Welcome to the TradeCityPro channe l!
Let’s quickly analyze the current NZD/JPY setup as the market closes and prepare for an important upcoming week.
📉 F undamental Outlook
NZD/JPY has been under pressure, with the RBNZ maintaining a dovish stance amidst an economic slowdown, while the JPY gains strength due to potential BoJ tightening and safe-haven demand.
📊 Weekly Chart Insight
The pair rejected 99.090 and moved down toward the 87.093 support zone before bouncing back to 91.864, marking a pullback.
Recent weekly candles with upper shadows indicate strong seller dominance and lack of buyer momentum. Continuation of this pattern could increase the likelihood of breaking 91.864 resistance.
📅 Daily Chart Perspective
Price is consolidating between 90.095 and 91.892, reflecting indecision among traders.
We remain breakout-focused:
Above 91.892 signals a bullish continuation , Below 90.095, support levels at 88.862 and 86.680 come into play.
Stay tuned for updates, and let us know your thoughts on the week's outlook!
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
NZDJPY Will Go Up From Support! Buy!
Take a look at our analysis for NZDJPY.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 90.196.
The above observations make me that the market will inevitably achieve 90.681 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
GBPNZD: Bullish Continuation & Long Trade
GBPNZD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy GBPNZD
Entry Level - 2.1437
Sl - 2.1379
Tp - 2.1542
Our Risk - 1%
Start protection of your profits from lower levels
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Heading into 50% Fibonacci resistance?NZD/CHF is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and a reversal from this level could indicate a double top pattern which might lead to a potential price drop to our take profit.
Entry: 0.52198
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 0.52375
Why we like it:
There is a pullback resistance level that aligns with the 127.2%^ Fibonacci extension.
Take profit: 0.51805
Why we like it:
There is a pullback support level.
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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.
NZDCHF Technical Analysis! BUY!
My dear followers,
I analysed this chart on NZDCHF and concluded the following:
The market is trading on 0.5193 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5207
Safe Stop Loss - 0.5186
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
NZDJPY: Long Signal with Entry/SL/TP
NZDJPY
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Buy NZDJPY
Entry Level - 90.562
Stop - 90.175
Take - 91.303
Our Risk - 1%
Start protection of your profits from lower levels
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NZDCAD Expected Growth! BUY!
My dear friends,
Please, find my technical outlook for NZDCAD below:
The price is coiling around a solid key level - 0.8200
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.8232
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
GBPNZD: Bearish Continuation Setup in FocusI’m closely monitoring GBPNZD as price tests this current region. Here’s the plan:
The Setup
Price is hovering near a key area of interest around 2.15485–2.15781.
I’m observing how price reacts here to determine if bearish momentum will continue.
If sellers remain strong, I’m looking for a further push down toward the green level at 2.13336, which is my target zone.
The Plan
1️⃣ I’ll wait to see if price respects this resistance zone or shows rejection, confirming that sellers remain in control.
2️⃣ My stop loss will be placed strategically above the resistance zone to manage risk effectively.
3️⃣ The goal is to capitalize on a bearish continuation toward the green support line at 2.13336.
Why This Makes Sense
This area has previously acted as a significant turning point for price. If resistance holds, it sets up a clean move toward the next major support zone, offering a strong risk-to-reward opportunity.
Mindset Tip:
"It’s not about guessing the market’s next move—it’s about reacting to what it shows you. Stay patient, and let the levels do the talking."
GBPNZD - Will the pound continue to rise?!The GBPNZD currency pair is located between the EMA200 and EMA50 in the 4H timeframe and is moving in its downward channel. In case of a downward correction, we can see the demand zone and buy this currency pair in that range with the appropriate risk reward. Breaking the ceiling of the descending channel will provide the way for this currency pair to rise to the specified resistance range.
Barclays Institute Remains Optimistic About the British Pound’s Growth Until 2025
Key highlights of the analysis are as follows:
• Strengthening ties between the UK and the European Union are expected to provide long-term support for the British economy and pound, boosting its positive outlook.
• The financial packages announced by the UK government, amounting to approximately 1% of GDP, have stimulated domestic demand and delayed the Bank of England’s (BoE) interest rate cut cycle.
• A critical uncertainty lies in whether higher labor costs will lead to inflationary pressures or a reduction in employment, both of which could impact supply.
• The UK’s trade deficit in goods with the United States indicates that, compared to the Eurozone, Britain is less exposed to the direct risks of potential US tariffs. This creates a favorable distinction for the pound over the euro.
Barclays predicts that the pound will maintain a positive trajectory through 2025, supported by fiscal resilience, limited exposure to tariff risks, and structural improvements in UK-EU relations. These factors position the pound for gains against both the dollar and the euro, though uncertainties related to labor costs remain a critical factor to monitor.
Remarks by Ramsden:
Ramsden, a member of the Bank of England, noted that wage growth is more likely to align closer to 2% rather than 4%. He highlighted that the economy is on track to return to normalcy, with inflation stabilizing at a low level and expected to continue this trend.
In the short term, inflation is anticipated to remain near the target, while in the long term, it could fall significantly below it. However, the impact of higher social insurance taxes on key economic indicators like prices, wages, and unemployment remains unclear.
New Zealand’s Economic Outlook:
Meanwhile, New Zealand’s Treasury has forecast a deeper economic downturn, which is placing greater pressure on tax revenues. According to Dominic Stephens, the Treasury’s chief economic advisor, the economic contraction has been sharper than expected, posing serious challenges for the government’s efforts to reduce its budget deficit.
Recent evidence suggests that economic and fiscal forecasts, set to be released on December 17, will likely be further downgraded. Data indicates that New Zealand consumers are spending less than they did last year, and businesses remain pessimistic about their economic prospects.
Bearish drop?The Kiwi (NZD/USD) has reacted off the pivot and could potentially drop to the 1st support which is a pullback support.
Pivot: 0.5880
1st Support: 0.5838
1st Resistance: 0.5915
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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 Potential DownsidesHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59200 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59200 support and resistance area.
Trade safe, Joe.
Sell NZD/CAD Triangle BreakoutThe NZD/CAD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.8240
Target Levels:
1st Support – 0.8210
2nd Support – 0.8195
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Bearish drop for the Kiwi?The price is rising towards the resistance level which is an overlap resistance that lines up with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.5879
Why we like it:
There is an overlap resistance level that is an overlap resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss: 0.5914
Why we like it:
There is an overlap resistance level.
Take profit: 0.5839
Why we like it:
There is a pullback support 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 find buyers at current swing low?NZDJPY - 24h expiry
The primary trend remains bullish.
The selloff is close to an exhaustion count on the daily chart.
Preferred trade is to buy on dips.
Bespoke support is located at 90.50.
The hourly chart technicals suggests further downside before the uptrend returns.
We look to Buy at 90.50 (stop at 90.25)
Our profit targets will be 91.50 and 92.00
Resistance: 91.20 / 91.50 / 92.00
Support: 90.25 / 90.00 / 89.70
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.
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NZDJPY Trading Opportunity! BUY!
My dear followers,
I analysed this chart on NZDJPY and concluded the following:
The market is trading on 90.439 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 91.002
Safe Stop Loss - 90.107
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
#GBPNZD 4HGBPNZD 4-Hour Analysis
The GBPNZD pair is trading within a downtrend channel on the 4-hour chart and is nearing the channel's lower support line. This support zone has historically provided opportunities for bullish reversals within the channel. Waiting for the price to touch this level ensures a safer entry for a potential buy position.
Technical Outlook:
- Pattern: Downtrend Channel Support
- Forecast: Bullish (Wait for Support Touch, Then Buy)
- Entry Strategy: Enter a buy position near the channel’s support line after confirmation of a reversal signal.
Traders should watch for confirmation through bullish candlestick patterns or indicators like RSI reflecting oversold conditions. Proper risk management is essential, with stop-loss orders placed below the support line to guard against a potential breakdown. Targets can be set at the midline or upper boundary of the channel for potential profit.