Big drop comingAUDNZD, is currently trading at resistance.
A sell confirmation will be the signal we need to short this pair.
NZD
NZDUSD, H4 | Fibonacci confluence reversalWe're seeing big resistance at 0.6182 which is a pullback resistance + 50% Fibonacci retracement and a 61.8% Fiboancci retracement. A reversal from here could see prices drop to 0.6149 which is our intermediate support - breaking that level could see a further bearish acceleration down to 0.6119.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). 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 Name of third party provider.
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.
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.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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.
FXCM EU LTD (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.
FXCM Australia 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
FXCM Markets LLC (www.fxcm.com):
Losses can exceed deposits.
NZDCAD potential sellPrice broke multiple structure to the downside, leaving behind a lot of inducement that it's looking to take before it continues with its bearish flow.
GBPNZD to find buyers at previous support?GBPNZD - 24h expiry - We look to Buy at 2.0415 (stop at 2.0365)
Previous support located at 2.0400.
Previous resistance located at 2.0500.
Price continues to trade within the triangle formation.
We expect a reversal in this move.
RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending.
Our profit targets will be 2.0535 and 2.0565
Resistance: 2.0500 / 2.0600 / 2.0650
Support: 2.0450 / 2.0400 / 2.0300
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
NZDJPY to find support at previous resistance?NZDJPY - 24h expiry
Previous support located at 85.25.
Previous resistance located at 85.50.
Further upside is expected. Risk/Reward would be poor to call a buy from current levels.
A move through 85.50 will confirm the bullish momentum.
We look to Buy at 85.00 (stop at 84.60)
Our profit targets will be 86.00 and 86.20
Resistance: 85.50 / 86.00 / 86.50
Support: 85.25 / 85.00 / 84.50
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.
NZD/USD Technical Analysis & Sentiment! BUY!
NZDUSD had a very bullish market opening.
Even though, we see a correctional movement on intraday time frames,
Daily time frame still remain very bullish.
Before the FOMC the pair will most likely manage to reach 0.618 level.
Please, support my work with like!
NZDUSD: Bullish Continuation 🇳🇿🇺🇸
Quick update for NZDUSD.
In my yesterday's video, I spotted a confirmed structure breakout on a daily time frame.
I made a prediction that the broken structure would turn into support.
Analyzing, how the market acts during the London session opening, we see a positive bullish reaction
to the underlined area.
The pair will most likely keep growing to 0.618
❤️Please, support my work with like, thank you!❤️
Will EURNZD bearish presence continue?EURNZD - 24h expiry
Our short term bias remains positive.
The lack of interest is a concern for bears.
A move through 1.7525 will confirm the bearish momentum.
The bias is to break to the downside.
We look for losses to be extended today.
We look to Sell a break of 1.7524 (stop at 1.7584)
Our profit targets will be 1.7374 and 1.7354
Resistance: 1.7575 / 1.7600 / 1.7630
Support: 1.7528 / 1.7500 / 1.7470
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.
🔥 NEW: NZDJPY 🔥 SWING TRADE 🔥SSO @ 85.15 ⏳
TP1 @ 83.66 (shaving 50%)
TP2 @ 82.33 (closing ALL Buy Orders)
BLO1 @ 82.00 ⏳
BLO2 @ 81.25 ⏳
⚠️ This is a Counter-Trend Trade (CTT). Your position size should be 2% or less, with a Stop Loss at 2% or less — or whatever fits your trading strategy.
✨ NEW: NZDJPY ✨ POSITION TRADE ✨SLO @ 88.50
TP1 @ 82.85 (shaving 25%)
TP2 @ 78.00 (shaving 25%)
TP3 @ 74.50 (shaving 25%)
TP4 @ 69.00 (closing ALL Sell Orders)
NZD JPYThis is my prediction for NZD JPY, in the short term I'm waiting for a pullback then I expect the price to jump. Let's see how the market reacts in the upcoming days.
Trade carefully!
Remember: Take some profits if the trade is going as planned and manage your trade.
AUDNZD Potential UpsidesHey Traders, in the coming week we are monitoring AUDNZD for a buying opportunity around 1.09700 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.097 support zone, additionally AUDNZD have formed a bull flag in lower timeframe so we will be considering a potential breakout of the pattern.
Trade safe, Joe.
NZDUSD: Important Breakout & What to Expect Next Week 🇳🇿🇺🇸
NZDUSD was testing a wide horizontal daily supply area this week.
After multiple attempts, bulls managed to break it.
It may push the price higher.
The next resistance - 0.618
❤️Please, support my work with like, thank you!❤️
NZDUSD Strong buy signal on this Bullish CrossNZDUSD is trading inside a Channel Down for the whole year and today completed a 1day MACD Bullish Cross.
A cross over the 1W MA50 is the final validation of this buy structure.
Buy and target at least the 0.618 Fibonacci level at 0.62325.
Follow us, like the idea and leave a comment below!!
EURNZD to find buyers at market?EURNZD - Intraday
Daily signals are bullish.
Bespoke support is located at 1.7600.
A Morning Doji Star formation has been posted at the low.
The bullish engulfing candle on the daily chart is positive for sentiment.
We look to buy dips.
We look to Buy at 1.7575 (stop at 1.7525)
Our profit targets will be 1.7695 and 1.7725
Resistance: 1.7705 / 1.7736 / 1.7750
Support: 1.7670 / 1.7630 / 1.7600
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.
NZDUSD Potential rejectionHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61150 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching an important supply area of 0.61150 zone, i would also keep an eye on the stock market to confirm the bias as NZDUSD does correlate in a positive way with indices.
trade safe, Joe.
