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NZD

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"! -- ********************************************************************* 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. *********************************************************************
Long
by Shadowing_The_Big_Boys
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. *********************************************************************
Short
by Shadowing_The_Big_Boys
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 If price closes below that 2D Bullish OB, then this long idea would be no longer valid until the equal lows are taken out.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
Long
by Road_2_Funded
Bearish drop?The Kiwi (NZD/USD) is rising towards the pivot and could reverse to the 1st support level which is an overlap support. Pivot: 0.6354 1st Support: 0.6255 1st Resistance: 0.6411 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.
Short
by ICmarkets
1
Buy NZD/JPY Bullish ChannelThe NZD/JPY pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 90.80, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 91.49 2nd Support – 91.92 Stop-Loss: To manage risk, place a stop-loss order below 90.35. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_TA_TRADING
33
EURNZD to find support at Marabuzo level?EURNZD - 24h expiry The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. The bullish engulfing candle on the daily chart is positive for sentiment. Yesterday's Marabuzo is located at 1.7695. Bespoke support is located at 1.7700. Preferred trade is to buy on dips. We look to Buy at 1.7705 (stop at 1.7645) Our profit targets will be 1.7855 and 1.7895 Resistance: 1.7806 / 1.7840 / 1.7900 Support: 1.7749 / 1.7700 / 1.7609 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.
Long
by OANDA
AUDNZD Waiting patiently for that sellThe AUDNZD pair gave us the ultimate sell signal last time (July 11, see chart below) on the 0.786 Fibonacci Channel level and easily hit our long-term 1.08000 Target: The recent 3-week rebound on its 1W MA200 (orange trend-line) is giving us another chance to open another low risk sell on the 0.618 Fibonacci level, similar to all previous Arc tops. Our Target will be the 0.236 Fib at 1.07900, which has been the most usual Support since 2023. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
1
Potential bullish bounce?NZD/USD is falling towards the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6235 Why we like it: There is an overlap support level that aligns with the 50% Fibonacci retracement. Stop loss: 0.6183 Why we like it: There is a pullback support level. Take profit: 0.6298 Why we like it: There is a pullback resistance level that aligns with the 50% Fibonacci retracement. 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.
Long
by VantageMarkets
Kiwibank Lowers Kiwi ForecastThe New Zealand dollar (NZD/USD) has slipped below its 25-day exponential moving average (EMA) and could potentially test the 50-day EMA next. But, can sellers maintain the momentum and push further into bearish territory? Kiwibank is betting on more downside due to faster and deeper rate cuts from the Reserve Bank of New Zealand (RBNZ). However, their initial bearish outlook has softened somewhat. "In our previous FX Tactical, we anticipated the Kiwi heading towards the 0.5700 mark. But given its reluctance to trade down to that level, we've adjusted our expectations. While we still believe the Kiwi should be lower, it's clear the 0.5700 target is less likely. At this point, 0.5900 seems a more reasonable level," the bank stated. Further complicating the outlook is China’s influence. Like the Australian dollar, the Kiwi can find support from economic developments in China. Talks of a potential stimulus package from Beijing had initially buoyed market sentiment, but UBS remains unimpressed. The investment bank noted that the scale of China's recent measures falls short of previous stimulus efforts, which historically triggered strong market rallies. Economists cited by The Wall Street Journal share this view, pointing out that borrowing costs are already low, yet demand for credit remains sluggish. Consumer confidence, dragged down by concerns over jobs and the ongoing property market meltdown, remains near historic lows.
by BlackBull_Markets
Bullish bounce off 50% Fibonacci support?NZD/CAD is reacting off the pivot and could potentially rise to the 1st resistance which acts as a pullback resistance. Pivot: 0.8368 1st Support: 0.8368 1st Resistance: 0.8488 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.
Long
by ICmarkets
NZDUSD catching a falling knife at market price?NZDUSD - 24h expiry The trend of higher lows is located at 0.6120. A lower correction is expected. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 0.6300 will confirm the bullish momentum. We look to Buy at 0.6260 (stop at 0.6220) Our profit targets will be 0.6340 and 0.6350 Resistance: 0.6300 / 0.6325 / 0.6350 Support: 0.6275 / 0.6260 / 0.6250 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. Update idea
Long
by OANDA
NZDJPY Huge long-term bullish signal emerged.The NZDJPY pair gave us an excellent sell signal last time (July 10, see chart below) and not only hit our 95.580 Target but broke below and invalidated the medium-term Channel Up: The long-term Channel Up however, is still intact and it is evident on the 1W time-frame where the July-August sell-off found support and stopped exactly on the 1W MA200 (orange trend-line). This alone is the first long-term buy signal. The second is a double one and will be given if the price closes above the 1W MA50 (blue trend-line), which has already rejected the uptrend twice since August and the 1W MACD forms a Bullish Cross. As you can see on this chart, every time the 1W MACD Bullish Cross coincided with a price closing above the 1W MA50, it was the strongest buy confirmation since 2020. So if that confirmation is achieved, we will turn bullish with our Target being 102.000 (+18.31%, the minimum Bullish Leg rise within the Channel Up). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
Bearish reversal?NZD/JPY is rising towards the resistance level which is a pullback resistance and could reverse from this level to our take profit. Entry: 91.54 Why we like it: There is a pullback resistance level. Stop loss: 92.98 Why we like it: There is a resistance level at the 127.2% Fibonacci extension and the 61.8% Fibonacci retracement. Take profit: 89.59 Why we like it: There is an overlap support level that is slightly below the 23.6% Fibonacci retracement. 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.
Short
by VantageMarkets
Bearish drop?NZD/USD is rising towards the resistance level which is a pullback resistance that aligns with the 127.2% Fibonacci extension and could reverse from this level to our take profit. Entry: 0.6293 Why we like it: There is a pullback resistance level that lines up with the 127.2% Fibonacci extension. Stop loss: 0.6346 Why we like it: There is a resistance level at the 161.8% Fibonacci extension. Take profit: 0.6212 Why we like it: There is a pullback support level that aligns with the 38.2% Fibonacci retracement. 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.
Short
by VantageMarkets
Could the kiwi reverse from here?The price is rising towards the pivot point which has been identified as a pullback resistance and could drop to the 50% Fibonacci support. Pivot: 0.6293 1st Support: 0.61901 1st Resistance: 0.6350 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.
Short
by ICmarkets
1
Bearish reversal?NZD/JPY is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which acts as an overlap support. Pivot: 91.30 1st Support: 88.64 1st Resistance: 92.80 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.
Short
by ICmarkets
1
NZD/USD Hits Supply Level,Potential Double Top Formation SignalsAs forecasted in our recent analysis, the NZD/USD pair has reached the key supply level around 0.6230. At this level, a potential double top formation is emerging, which, in confluence with the supply area, suggests that a retracement may be on the horizon. Adding further weight to the potential for a pullback, the latest Commitment of Traders (COT) report shows that retail traders are heavily long on the NZD/USD, which often serves as a contrarian indicator when combined with technical signals like the double top pattern. Today's focus for investors will be on the preliminary US Purchasing Managers Index (PMI) data for September, which could provide more clues for the next movement in the NZD/USD pair. The Manufacturing PMI is expected to tick up slightly to 48.6 in September from 47.9 in August, signaling a continued contraction in the sector but at a slower pace. Meanwhile, the Services PMI is projected to slip marginally to 55.3 in September from 55.7 in August, indicating a still-expanding services sector, though at a slower rate. Given the current technical setup at the supply zone and the economic backdrop, we are looking for a short setup on NZD/USD, anticipating further downside pressure. The likelihood of a stronger USD could rise, particularly if today's PMI data supports the case for US economic resilience, contrasting with weakness in other major economies like Germany, where the Flash Manufacturing PMI has disappointed markets. As the EUR/USD continues to fall following poor German data, further strengthening of the USD could weigh on the NZD/USD pair, reinforcing the bearish outlook. The combination of retail traders' long positions, a possible double top formation at the supply zone, and positive momentum in the USD positions the pair for a potential retracement, offering a favorable opportunity for short-term bearish setups. Traders should watch today's PMI releases closely, as any stronger-than-expected results from the US could amplify USD strength and accelerate the anticipated pullback in the NZD/USD pair. ✅ Please share your thoughts about NZD/USD in the comments section below and 👍 HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Short
by FOREXN1
1