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Nzdusdanalysis

Market Analysis: NZD/USD Bounces Back: Are Further Gains Ahead?Market Analysis: NZD/USD Bounces Back: Are Further Gains Ahead? NZD/USD is also rising and might aim for more gains above 0.5685. Important Takeaways for NZD USD Analysis Today - NZD/USD is consolidating gains from the 0.5650 zone. - There is a major bullish trend line forming with support at 0.5685 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis On the hourly chart of NZD/USD on FXOpen, the pair started a steady increase from the 0.5565 zone. The New Zealand Dollar broke the 0.5600 resistance to start the recent increase against the US Dollar. The pair settled above 0.5650 and the 50-hour simple moving average. It tested the 0.5720 zone and is currently correcting gains. The pair corrected lower below the 0.5700 level. The NZD/USD chart suggests that the RSI is now approaching 40. On the downside, immediate support is near the 23.6% Fib retracement level of the upward wave from the 0.5563 swing low to the 0.5723 high at 0.5685. There is also a major bullish trend line forming with support at 0.5685. The first key support is near the 50% Fib retracement level of the upward wave from the 0.5563 swing low to the 0.5723 high at 0.5645. The next major support is near the 0.5600 level. If there is a downside break below the 0.5600 support, the pair might slide toward the 0.5565 support. Any more losses could lead NZD/USD in a bearish zone to 0.5520. On the upside, the pair might struggle near 0.5720. The next major resistance is near the 0.5735 level. A clear move above the 0.5735 level might even push the pair toward the 0.5780 level. Any more gains might clear the path for a move toward the 0.5850 resistance zone in the coming days. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
NzdUsd could rise to 0.58 (swing trade)The final quarter of 2024 was particularly challenging for the NZD, with the currency declining by 800 pips from its peak to its lowest point. More significantly, this drop represents a devaluation of over 12%, which is substantial for a major currency pair. As 2025 begins, however, OANDA:NZDUSD has entered a consolidation phase, holding above the critical support zone near 0.5550. This level is noteworthy and deserves attention as a potential turning point. While the overall trend remains bearish, a rebound from this key support area is likely. If this occurs, the pair could move higher toward the 0.58 resistance level. In summary, dips near the support zone present buying opportunities with a favorable risk-to-reward ratio, targeting a return of at least 1:2.
Long
by Mihai_Iacob
9
NZDUSD - Expect retracement !!Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, but for now I expect price could make a retracement to fill the imbalance higher and then to reject from bearish OB. Fundamental news: This week on Wednesday (GMT+2) we will see results of yearly and monthly CPI on USD, news with high impact on currency. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
1
Market Analysis: NZD/USD Under Fire, Deeper Losses Ahead?Market Analysis: NZD/USD Under Fire, Deeper Losses Ahead? NZD/USD is also moving lower and might extend losses below 0.5540. Important Takeaways for NZD/USD Analysis Today - NZD/USD declined steadily from the 0.5690 resistance zone. - There is a short-term bearish trend line forming with resistance at 0.5580 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis On the hourly chart of NZD/USD on FXOpen, the pair also followed a similar pattern and declined from the 0.5700 zone. The New Zealand Dollar gained bearish momentum and traded below 0.5635 against the US Dollar. The pair settled below the 0.5600 level and the 50-hour simple moving average. Finally, it tested the 0.5540 zone and is currently consolidating losses. Immediate resistance on the upside is near the 23.6% Fib retracement level of the downward move from the 0.5692 swing high to the 0.5542 low at 0.5580. There is also a short-term bearish trend line forming with resistance at 0.5580. The next resistance is the 0.5620 level or the 50% Fib retracement level of the downward move from the 0.5692 swing high to the 0.5542 low. If there is a move above 0.5620, the pair could rise toward 0.5635. Any more gains might open the doors for a move toward the 0.5690 resistance zone in the coming days. On the downside, immediate support on the NZD/USD chart is near the 0.5540 level. The next major support is near the 0.5500 zone. If there is a downside break below 0.5500, the pair could extend its decline toward the 0.5465 level. The next key support is near 0.5420. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
NZDUSD is in the Selling DirectionHello Traders In This Chart NZDUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (NZDUSD market update) 🟢What is The Next Opportunity on NZDUSD 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
Long
by ForexMasters2000
NZDUSD is in the Selling DirectionHello Traders In This Chart NZDUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (NZDUSD market update) 🟢What is The Next Opportunity on NZDUSD 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
Long
by ForexMasters2000
NZD/USD "The Kiwi" Forex Market Heist Plan on Bearish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the NZD/USD "The Kiwi" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📉 : You can enter a Bearish trade at any point. however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest. Stop Loss 🛑: Using the 4H period, the recent / nearest high level. Goal 🎯: 0.55300 Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Based on the fundamental analysis 📰 🗞️ I would conclude that the NZD/USD (New Zealand Dollar/US Dollar) pair is: Bearish Reasons: Interest rate differential: The Reserve Bank of New Zealand's (RBNZ) interest rate (2.50%) is lower than the Federal Reserve's (Fed) interest rate (4.50%), making the NZD less attractive to investors. Economic growth: New Zealand's GDP growth (1.5%) is slower than the US GDP growth (2.1%), which could lead to a stronger USD. Trade balance: New Zealand's trade deficit (NZD 1.1 billion) is larger than the US trade deficit (USD 50 billion), which could put downward pressure on the NZD. Commodity prices: New Zealand's economy is heavily reliant on commodity exports, and a decline in commodity prices could negatively impact the NZD. However, it's essential to consider the following risks: Global economic slowdown: A slowdown in global economic growth, particularly in China and the US, could negatively impact the USD and support the NZD. RBNZ's monetary policy: The RBNZ's dovish stance and potential interest rate cuts could support the NZD. US-China trade tensions: Escalating trade tensions between the US and China could lead to a decline in the USD and support the NZD. Bearish Scenario: Stronger US economic data, such as GDP growth and inflation, supports the USD Decline in commodity prices, particularly dairy and meat, supports the USD Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 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. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Short
by Thief_Trader
NZD/USD Stabilises Ahead of the HolidaysNZD/USD Stabilises Ahead of the Holidays Forex trading is slowing down as the holidays approach, offering a pause after significant movements driven by various news events, including central bank decisions. Notably, NZD/USD reached its lowest level since October 2022 at the end of last week. The decline in NZD/USD has been influenced by two main factors: 1. The dollar gained momentum following the Federal Reserve's decision to lower the interest rate by 0.25% and its forward guidance for 2025. 2. According to Reuters: → New Zealand's economy contracted much more sharply than expected in the second and third quarters. → Market participants anticipate that the Reserve Bank of New Zealand may lower interest rates by 0.5% in February. Technical analysis of the NZD/USD 4-hour chart depicts a bearish outlook: - The 0.58 level, which served as support in November, turned into resistance in December. - The price is currently hovering near the lower boundary of a descending channel that has been in place since October. - The RSI indicator signals that the market is approaching oversold conditions. While bears may attempt to extend the downtrend by pushing the price below last week’s low, this could create a divergence pattern on the RSI indicator, offering hope for a potential bullish reversal. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
2
Market Analysis: NZD/USD Sink Further, Losses Mount Market Analysis: NZD/USD Sink Further, Losses Mount NZD/USD is also moving lower and might extend losses below 0.57350. Important Takeaways for NZD/USD Analysis Today - NZD/USD declined steadily from the 0.5790 resistance zone. - There is a short-term bearish trend line forming with resistance at 0.5750 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis On the hourly chart of NZD/USD on FXOpen, the pair also followed a similar pattern and declined from the 0.5790 zone. The New Zealand Dollar gained bearish momentum and traded below 0.5765 against the US Dollar. The pair settled below the 0.5755 level and the 50-hour simple moving average. Finally, it tested the 0.5735 zone and is currently consolidating losses. Immediate resistance on the upside is near the 23.6% Fib retracement level of the downward move from the 0.5792 swing high to the 0.5736 low at 0.5750. There is also a short-term bearish trend line forming with resistance at 0.5750. The next resistance is the 0.5765 level or the 50% Fib retracement level of the downward move from the 0.5792 swing high to the 0.5736 low. If there is a move above 0.5765, the pair could rise toward 0.5790. Any more gains might open the doors for a move toward the 0.5810 resistance zone in the coming days. On the downside, immediate support on the NZD/USD chart is near the 0.5735 level. The next major support is near the 0.5710 zone. If there is a downside break below 0.5710, the pair could extend its decline toward the 0.5665 level. The next key support is near 0.5640. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
NZD/USD "The Kiwi" Forex Market Heist Plan on BullishHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist NZD/USD "The Kiwi" Forex Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback. Stop Loss 🛑 : Recent Swing Low using 2H timeframe Target 🎯 : 0.59600 Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader
2
NZD/USD: Bulls Reloading at Demand ZonesOn the NZD/USD chart, price has reached a critical juncture near two strong demand zones (highlighted in purple). These zones represent areas where institutional buyers could step in, given their historical significance. The recent sell-off appears to have grabbed liquidity below local lows (red dotted lines), setting the stage for a potential bullish reversal. If price reacts strongly within these zones, we could see a recovery targeting liquidity above the highs marked at 0.5865 and beyond. The plan involves waiting for bullish confirmations such as higher highs or engulfing patterns to enter long positions, with stops placed below the lower demand zone for protection. Initial targets focus on taking profits at key liquidity levels, while the overall bias remains bullish as long as the demand zones hold. Patience is key to trading this setup successfully.
Long
by TopGBanks
NZDUSD Daily Analysis: Slight Bullish Bias as Commodity Prices NZDUSD Daily Analysis: Slight Bullish Bias as Commodity Prices and Risk Sentiment Favor the Kiwi 03/12/2024 Introduction NZDUSD is expected to show a slight bullish bias today, driven by strengthening commodity prices, positive risk sentiment, and a weaker U.S. dollar. As the global market outlook improves and key economic factors align in favor of the New Zealand dollar (NZD), the pair is poised to continue its upward trajectory. This article outlines the fundamental and technical factors supporting the NZDUSD bullish outlook for today. --- Key Drivers Influencing NZDUSD 1. Commodity Price Strength New Zealand is a major exporter of agricultural products, and the recent uptick in global commodity prices—especially dairy and meat—has provided substantial support for the NZD. This rise in commodity prices boosts New Zealand’s export revenues, supporting the strength of the kiwi. 2. Risk-On Market Sentiment The broader market sentiment has shifted towards a risk-on mood, with global equities showing signs of recovery. The improved appetite for riskier assets tends to favor currencies like the NZD, which is considered a commodity-linked and higher-yielding currency. 3. U.S. Dollar Weakness The U.S. dollar continues to face downward pressure amid expectations of a dovish Federal Reserve. Market participants have reduced their expectations for further rate hikes, making the USD less attractive relative to other currencies. As a result, the NZD is benefiting from this USD weakness, further supporting the bullish outlook for NZDUSD. 4. Positive Economic Data from New Zealand Recent data out of New Zealand has shown resilience in key sectors like manufacturing and employment. These economic fundamentals provide additional backing for the NZD and suggest that New Zealand’s economy is on solid footing compared to its global counterparts. --- Technical Analysis Moving Averages and RSI NZDUSD is currently trading above its 50-day moving average, which indicates a continuation of the bullish trend. The Relative Strength Index (RSI) is hovering in neutral territory, signaling that the pair has room to move higher without being overbought. MACD and Key Levels The MACD indicator shows a positive momentum shift, with the pair holding above key support levels. Immediate resistance is seen at 0.6350, and a breakout above this level could lead to further gains toward 0.6400. On the downside, support is at 0.6300, which could provide a cushion in case of any pullbacks. --- Conclusion NZDUSD is likely to experience a slight bullish bias today, supported by rising commodity prices, favorable risk sentiment, and ongoing USD weakness. Traders should watch for further signs of upward momentum, particularly if the pair breaks through key resistance levels. However, caution is warranted as market sentiment can shift quickly. --- SEO Tags: - #NZDUSDforecast - #NZDUSDanalysis - #NZDUSDtechnicalanalysis - #ForexTradingNZDUSD - #NewZealandDollarOutlook - #USDWeakness - #NZDUSDtoday - #ForexMarketAnalysis - #NZDUSDprediction
Long
by PERFECT_MFG
NZDUSD Daily Analysis: Slight Bullish Bias Amid Improving !!NZDUSD Daily Analysis: Slight Bullish Bias Amid Improving Risk Sentiment and Commodity Support 02/12/2024 Introduction The NZDUSD pair is anticipated to exhibit a slight bullish bias today as improving global risk sentiment and strong support from commodity prices bolster the New Zealand dollar (NZD). Meanwhile, ongoing U.S. dollar (USD) weakness provides an additional tailwind for the pair. In this article, we explore the key drivers influencing NZDUSD and outline potential scenarios for the day ahead. --- Key Drivers Influencing NZDUSD 1. Improved Global Risk Sentiment Investor sentiment has turned positive following easing concerns over global economic stability. Equity markets are rallying, and this risk-on environment benefits commodity-linked currencies like the NZD. 2. Strong Commodity Prices New Zealand’s economy, heavily reliant on agricultural exports, is seeing support from rising prices in key commodities, including dairy and meat products. This uptick enhances the kiwi’s appeal in the forex market. 3. Weak U.S. Dollar Dynamics The USD continues to lose ground as markets digest dovish comments from Federal Reserve officials. With expectations of rate hikes dwindling, the dollar faces downward pressure, making NZDUSD more attractive for bullish traders. 4. China’s Economic Recovery China, a major trading partner for New Zealand, is showing signs of economic recovery. Improving Chinese manufacturing and export data support demand for New Zealand exports, adding to the kiwi's bullish outlook. --- Technical Analysis Moving Averages and RSI NZDUSD is trading above its 50-day moving average, reinforcing its bullish momentum. The Relative Strength Index (RSI) remains in a neutral zone but shows upward movement, suggesting room for further gains. MACD and Key Levels The MACD indicator reflects positive momentum, with the pair approaching key resistance at 0.6250. A break above this level could target 0.6300, while immediate support is seen at 0.6200. --- Conclusion NZDUSD is poised for a slight bullish bias today, driven by improved risk sentiment, strong commodity prices, and a weakening U.S. dollar. Traders should monitor key resistance levels and upcoming economic data for potential market shifts. --- SEO Tags: - #NZDUSDforecast - #NZDUSDanalysis - #NZDUSDtechnicalanalysis - #ForexTradingNZDUSD - #NewZealandDollarOutlook - #USDWeakness - #NZDUSDtoday - #ForexMarketAnalysis - #NZDUSDprediction
Long
by PERFECT_MFG
1
NZDUSD break of daily structure .. the week of 02/12/2024A break of structure on the daily chart is a pretty big deal and we see that the kiwi has done that breaking to the upside. After being bearish for the past 2 months, NZDUSD is now bullish. Looking for an entry on the H4 chart, I like to take a fib of the last bullish move and have marked a zone (green) between the 50-61.8% retracement. If I see evidence of bullish price action here, I will be interested in taking a long entry. Stop will be below the recent swing low and will aim for the next resistance at 0.6000. This is not a trade recommendation, it is merely my own analysis. If you decide to trade this, you should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster. 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
Long
by Trading_Vista
NZDUSD Daily Analysis: Slight Bullish Bias Expected Amid Strong NZDUSD Daily Analysis: Slight Bullish Bias Expected Amid Strong NZ Data and Weak U.S. Dollar 29/11/2024 Introduction The NZDUSD pair is expected to maintain a slight bullish bias today as positive economic data from New Zealand and continued weakness in the U.S. dollar provide upward momentum for the kiwi. Factors such as improved global risk sentiment and commodity price support further enhance the outlook for NZDUSD. This article examines the fundamental and technical drivers influencing the pair’s movement. --- Key Drivers Influencing NZDUSD 1. Strong New Zealand Economic Data Recent economic indicators from New Zealand, such as robust business confidence and a recovery in export volumes, are boosting the New Zealand dollar (NZD). These positive fundamentals reflect the resilience of New Zealand’s economy, supporting the kiwi’s strength against the greenback. 2. U.S. Dollar Weakness The U.S. dollar (USD) remains subdued as dovish Federal Reserve expectations weigh on investor sentiment. Recent declines in U.S. consumer sentiment and weak durable goods orders reinforce market expectations of a prolonged rate pause, reducing demand for the USD. 3. Improved Risk Sentiment Global markets are experiencing a rebound in risk appetite, favoring higher-yielding and commodity-linked currencies like the NZD. The easing of geopolitical tensions and stable equity markets are key contributors to the improved sentiment. 4. Rising Commodity Prices As a commodity-driven currency, the NZD is benefiting from rising dairy and agricultural product prices, which are crucial to New Zealand’s export economy. This support further bolsters the kiwi’s bullish outlook. --- Technical Analysis Moving Averages and RSI NZDUSD is trading above its 50-day moving average, signaling continued bullish momentum. The Relative Strength Index (RSI) is approaching overbought levels but remains supportive of further upside. MACD and Key Levels The MACD indicator remains in positive territory, affirming the bullish trend. Key resistance is at 0.6400, with immediate support at 0.6320. A breakout above resistance could see the pair targeting 0.6450 in the near term. --- Conclusion NZDUSD is likely to exhibit a slight bullish bias today, driven by strong New Zealand economic data, a weaker U.S. dollar, and favorable global conditions. Traders should watch for potential breakouts above resistance levels, while also staying alert to any changes in risk sentiment or economic releases. --- SEO Tags: - #NZDUSDforecast - #NZDUSDanalysis - #NZDUSDtechnicalanalysis - #ForexTradingNZDUSD - #NewZealandDollarOutlook - #USDWeakness - #NZDUSDtoday - #ForexMarketAnalysis - #NZDUSDprediction
Long
by PERFECT_MFG