20 REASON FOR LONG NZDUSD 1: Structure analysis time frame: 4 HOURS
2: Profit target time frame: DAILY
3: Trade type: SWING
4: Entry Time Frame: H4
4.1 Entry TF Structure: BULLISH
4.2 entry move: CORRECTIVE
5: Support resistance base: H4 FAIR VALUE GAP
6: FIB: DISCOUNTED AREA
7: candle Pattern: DOJI REVERSAL
8: Chart Pattern: FLAG
9: Volume : SUPPORTIVE
10: Momentum UNCONVENTIONAL Rsi: SIDEWAYS TO BULL
11: Volatility measure Bollinger bands: MIDDLE BAND SUPPORT
12: strength ADX: BULL
13: Sentiment ROC: RETRACEMENT
14: final comments: BUY AT 15 MIN COMFIRMATION
15: decision: BUY
16: Entry: 0.5775
17: Stop losel: 0.5745
18: Take profit: 0.6090
19: Risk to reward Ratio: 1:10
20:Excepted Duration: 7 DAYS
Nzdusdlong
NZDUSD - New expansion expected ✅Hello traders!
‼️ This is my analysis on NZDUSD.
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to continue the retracement to fill the imbalance and then to reject from trendline.
Like, comment and subscribe to be in touch with my content!
NZD falls from top 10 most traded currencies list A couple surprising notes have appeared in the Bank of International Settlements’ (BIS) survey released today (28/10/2022). The triennial (occurring every three years) survey was conducted with the involvement of monetary authorities, like central banks, from 52 territories as well as 1,200+ commercial banks.
Trading volume increases
Foreign exchange trading volume increased to US $7.5 trillion per day, which represents a +14% increase over the US $6.6 trillion daily trading volume recorded when the survey was last conducted in 2019. The sales desk in the United Kingdom, the United States, Singapore, Hong Kong, and Japan continued to dominate the processing of most trades, accounting for 78% or more of the trading volume. Interestingly, volume passing through the UK alone accounts for 38% of global trade, or US $2.6 trillion, however, this was down from 43% in 2019.
Changing rankings
The biggest surprise that was revealed in the survey was the changing hierarchy for the most traded foreign currencies.
For one, the New Zealand dollar has fallen out of the rankings for the top ten most traded currencies in the world. The New Zealand dollar was overtaken by the Singapore dollar, Swedish krona, Korean won, and Norwegian krone, and is now the 14th most traded currency in the world. Even so, the New Zealand dollar’s popularity is still disproportionate compared to the size of the New Zealand economy with the New Zealand dollar on one side of US $125 billion worth of trades per day, representing 1.7% of all trades.
While the rankings just outside the top ten experienced a shuffle, the US dollar remains the most traded currency in the world, accounting for one side of 88% of all foreign exchange trade. The top traded currencies in 2022 in the world are as follows:
US dollar
Euro
Japanese yen
British pound
Chinese renminbi
Australian dollar
Canadian dollar
Swiss franc
Hong Kong dollar
Singapore dollar
Swedish Krona
Korean won
Norwegian Krone
New Zealand dollar
Indian rupee
Mexican peso
Taiwan dollar
South African rand
Brazilian real
nzdusd market anlysis ( long view)the usd is acting very soft this weak against a strong NZD and by breaking the supply zone around 0.5768/0.5802 this proves it's strength , we are currently having green candles printing the price didn't lose it's bullish momentum and I think will keep up like that until 0.5879.
I'll be expecting a bullish continuation toward 0.5989 if we get a break up and a candle closure above 0.5880
so I only suggest you guys to look for buys as long as the price keeps being traded above that same supply zone the zone in grey (now demand zone ).
NZD/USD 2 Entries Running In 380 Pips 0Drawdown, New Update HereThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDUSD Analysis(Expectation) on Oct 25 2022We can expect NZDUSD to go higher.
Here's the reason why we believe that's the case.
Chart Analysis
Last Friday(Oct 21), it took out the stops below 0.565 and then rapidly reversed.
Then, it went higher than the recent high.
4 HR chart
In the 1 hour chart, you can see the MAs(SMA9, SMA25) ready to meet and possibly cross over.
1 HR chart
It seems to be supported at the 0.618 retracement level.
Seasonal Tendency
Stocks tend to go higher.
So we expect RiskOn (weaker USD)
💡Don't miss the great buy opportunity in NZDUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.5575).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 67.
Take Profits:
TP1= @ 0.5627
TP2= @ 0.5673
TP3= @ 0.5727
TP4= @ 0.5764
TP5= @ 0.5805
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in NZDUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.5575).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 67.
Take Profits:
TP1= @ 0.5627
TP2= @ 0.5673
TP3= @ 0.5727
TP4= @ 0.5764
TP5= @ 0.5805
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NZD/USD 2 Entries Running In 220 Pips ,New Entry After D ClosureThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDUSD - 0.56200 ENTRY POINTIf you have bought NZDUSD at around 0.56200 you are now in deep profits. Partial profits can be taken even though the 1st target is at the 0.60700 zone. Market-makers did shake off the SELLERS by HUNTING FOR STOPS below 0.5600. This they do all the time in the markets and it's something all traders need to be aware of to stay profitable.
I did give out this signal a couple of days back. To those who traded it, ENJOY!!! See you at the 0.60600 zone!
STAY PATIENT. STAY PROFITABLE!!!
NZD/USD Running In 120 Pips 0 Drawdown , New Entry Added Now !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDUSD M30: Bullish outlook seen, limited upside above 0.55900On the M30 time frame, prices are approaching the support zone at 0.55900 which coincides with the 61.8% Fibonacci retracement level and ascending trend line. A throwback to this 0.55900 support zone presents an opportunity to play the bounce to the next resistance zone at 0.5650. This resistance zone is also a graphical resistance zone in line with the 78.6% Fibonacci extension. Prices are holding above the 50 EMA as well, supporting the bullish bias.
💰BUY NZDUSD at the best price and place🧨🔰You can see the analysis of the New Zealand dollar to US dollar currency pair in a 15-minute time frame (NZDUSD_ 15min) 🔍🧨
💥If the price breaks the Down trend line🖤, if the price returns to the DEMAND zone, it can rise to the SUPPLY zone🚀🔺
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
_______📈TRADER STREET📉______
NZD/USD Running In 70 Pips 0Drawdown As Usual , New Update Now This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZD/USD At Very Special Area To Buy It , Can We Buy Now ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.