NZDUSD bearish butNZDUSD is still bearish but I see first opportunity for long.
Structure is good but I need pattern on H4 or H1.
This is my view.
Nzdusdanalysis
Buy NZDUSDThe NZDUSD pair is currently experiencing an uptrend. Should the price successfully breach this zone once more, we might observe a further continuation of the upward movement, potentially reaching up to 0.60348, which represents the next resistance zone.
NZDUSD – bearish momentum building 07 Aug, 2023This pair has had 3 consecutive weeks of losses and in my opinion, this trend will continue during the upcoming week. Looking at recent PA, the bulls have tried to recover some ground, but these have been mostly weak moves that were quickly reversed by the bears. A similar pullback and further bearish evidence will provide another opportunity to go short.
If my expectation does come through, I will be looking at the area around 0.5840 as target.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
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NzdUsd- In search of the next support (could be 0.5750)After flirting with 0.6050-0.6070 zone support, exactly a week ago, NzdUsd managed to break under and at the time of writing is trading well under the psychological 0.6.
The overall structure is strongly bearish and we could probably see down continuation.
0.6050 is now resistance and, in my opinion, rallies towards 0.6 should be sold considering a stop above resistance.
As the title says, 0.5750 could be swing trader's target.
NZDUSD SHORT - STILL A LONG WAY TO GO!Waiting for a retest of 0.60521 to short NZDUSD back to Daily key support at 0.58802
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Long term nzdusd analysis review. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
NZDUSD - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on NZDUSD.
Technical analysis: Here we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from institutional mid figure 0.60500.
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nzdusd buy. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
NZDUSD Analysis H4Here is my analysis for NZDUSD on H4 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZD/USD Stumbles as Chinese Economic Recovery FaltersThe NZD/USD dropped sharply below 0.6100, impacted by China's sluggish economic recovery and the US Dollar's strength. Disappointing Chinese trade data and a narrowed US trade deficit contributed to the decline. Mixed signals from US central bank speakers added complexity. Technically, the NZD/USD is approaching key support levels. Traders now await critical economic data from both China and the US.
TRADE IDEA DETAILS
CURRENCY PAIR: NZD/USD
CURRENT TREND: Bearish, influenced by concerns over China's economic recovery and a strong US Dollar.
TRADE SIGNAL: SELL
👉ENTRY PRICE: 0.6050 – The current price level after the NZD/USD slipped below 0.6100 and reached 0.6051.
✅TAKE PROFIT: 0.5985 – The year-to-date (YTD) low. This is a conservative target, based on the bearish outlook.
❌STOP LOSS: 0.6100 – Above the daily high of 0.6109, a level that could signal a reversal of the bearish trend.
RISK MANAGEMENT:
A tight Stop Loss at 0.6100 helps in limiting potential losses, while the Take Profit at 0.5985 aligns with current market trends and technical support levels.
ANALYSIS:
Fundamental Analysis: Weak Chinese economic recovery and strong US Dollar are pushing NZD/USD lower.
Technical Analysis: The currency pair has fallen below daily EMAs and is approaching a key support level at 0.6031. Breaching this level could expose the 0.6000 figure and YTD low at 0.5985.
TRADE PLAN:
Monitor China's Upcoming Inflation Data: A further economic downturn in China could increase selling pressure on NZD/USD.
Watch US Inflation Data for July: The data may have an impact on USD strength and influence the trade.
Assess US Central Bank Communications: Any policy shifts can alter the trade dynamic.
Timeframe: A short to medium-term trading window, with constant monitoring of key economic indicators.
FINAL THOUGHTS:
The NZD/USD pair presents a sell opportunity, driven by negative sentiment around China's economy and US Dollar strength. Proper risk management, adherence to the entry, take profit, and stop loss levels, and continuous monitoring of economic data are vital to this trading strategy.
NZDUSD 08-08 MovePair : NZDUSD ( New Zealand Dollar / U.S Dollar )
Description :
Head and Shoulder
Strong Support
Falling Wedge in STF
Completed " 1234 " Impulsive Waves
Divergence
TeconLab_S1 NZDUSD BullishDear Traders,
The TeconLab team has developed a new research method using price decomposition analysis to forecast future trends for currency pairs.
Our latest analysis of NZDUSD indicates a bullish outlook. Please review the attached chart and set take profit levels accordingly.
First TP is has priority. After the first TP market will pullback, and should wait for the breakout. If it happens we will get the second order and wait for the 2nd TP.
Whenever your second TP hit, wait for a drop for the wave 4 and then another entry and the last TP.
We are optimistic this innovative approach can deliver strong profits with high accuracy.
Your likes and feedback provide valuable motivation as we continue improving our models.
Current pairs under research include:
AUDUSD
EURUSD
GBPUSD
NZDUSD
USDCAD
USDJPY
USDCHF
EURGBP
GBPJPY
XAUUSD (Gold)
Please let me know if you have any other suggested pairs for analysis. We aim to provide actionable insights that can drive improved trading performance. Thank you for your interest and support.
Regards,
The TeconLab Team
NZDUSD LongsLooking for Longs for NU. My draw on liquidity is HTF OB. and price is tapping at 4H OB and Got LTF Market Structure Shift on 15M. and ENTRY at OB
NZDUSD Struggling to break 0.61Hello Traders,
today the FX:NZDUSD pair in struggling to break the 0.61 level and re-enter in the local channel (highlighted by yellow trendlines).
Today operativity will be to monitor 2 things :
1. A break of 0.61 that wil give the possibility to re-enter the channel and target the 0.62 levels probably the coming week
2. If prices stay below the 0.61 level the sentiment could turn bearish targeting the 0.598 level that represent the bottom of the mail descending channel.
I'm expecting big volatility due to NFP and Uneployment Rate at 14.30 UTC+2
Levels to watch and trade:
- 0.6125 200 MA on 30M chart that represent the resistance
- 0.6065 we have the support
So, a break and close above 0.6125 will be considered as a bullish sign targeting 0.62+ levels and a break below 0.6065 a bearish one targeting 0.6020 and further.
In my opinion the best thing to do is to trade according to the mentioned levels and avoid trade the news because you might break your account.
DeGRAM | NZDUSD bullish opportunityNZDUSD broke out of the ascending channel, printing the AB=CD pattern or equal-measured move.
The D point is complete right at the confluence level. Also, a bullish harmonic pattern is created.
We expect buy opportunities at support and fibo levels.
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NZDUSD Analysis H1Here is my analysis for NZDUSD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDUSD Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NZDUSDNZDUSD is ready to Sell. Every good setup is most probable trade not 100%. Always use money Management.
NZDUSD - 997M NZ$ Options expirationHelo Traders,
FX:NZDUSD is facing a bullish move inside the local wedge highlighted by the yellow trendlines.
Probabilities for a next leg up in 0.63 levels are very high considering Wednesday's FX:NZDUSD forex options expiration with 997M NZ$ staked.
Levels to watch are:
Local support around 0.6179-0.6190
Point/Price of control 0.6195
Target 0.6280-0.63
An invalidation of the model will be if a 1H candle + a confirmation close below 0.6179
NZDUSD SHORT - MORE DOWNSIDE!Waiting for a retest of 0.62252 to short NZDUSD back to 4H swing lows at 0.60673
If you agree drop a like and if you have any questions leave a comment :)
nzdusd nzdusd signal update
. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
NZDUSD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on NZDUSD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fill the imbalance higher and then to reject from 1H bearish order block.
Like, comment and subscribe to be in touch with my content!
