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Nzdusdlong

Uncertainty lies ahead for the NZDUSD. Upside juicy for MM...The new zealand dollar continues to trade in a random walk manner as areas of value builds up on both sides for the market makers. Anything could happen for the price action this week as market makers look to hunt stop losses placed on both sides of the trade. We see stronger areas of value to the upside for longer term charts and those areas are where will will lay our eyes upon. BULL CASE We will look for a short retrace next week before entering a long position on this pair. This move will force shorts who entered at the 0.71 levels to cover and push the price all the way up to 0.72 before it finds resistance BEAR CASE As the price did not move up too quickly from the 0.69 low, we do not expect price to break lower than that. If it does, we are wrong and it should find support at the bottom of the channel before finding prolong upside.
Long
by IkanBilisCapital
NZD/USD:UPDATE PRICE ACTION ANALYSIS|REVERSAL|NEXT TARGET|LONG🔔Fitch Ratings noted that they expect the RBNZ to raise the official money rate (OCR) at next week's monetary policy meeting. Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Long
by FOREXN1
2
RBNZ rate decision setup for NZDUSDNext week marks a rate decision event for RBNZ. Currently at 0.25%, there is news in the air for an increase in the rate by 25bp, and possibly another hike before the end of this year. Currently NZDUSD has been flowing more or less in the indicated upward channel. It has fallen due to a strong USD this week and a reversal is in the making. Two highlight points on the chart indicate 1. a slight drop in US retail sales and 2. the RBNZ rate announcement. Provided these events fall in support of the Kiwi, it is expected to bounce up and test the 0.7100 range and possibly further. Point to note: currently the 4h signal shows the reverse from this week's downtrend has already started - however its a Friday!!! I feel like jumping on to the long already but may be worth waiting till NY open or London close to understand the levels better. There's a chance we lose pips on the entry but its a safer play. A well-placed stop may benefit the early birds. See ref. think.ing.com.
Long
by sidnir
NZDUSD | The best area to buy🚀Hello traders, Symbol NZDUSD , this analysis is prepared in a weekly time frame but has been published for a better view in a 2 week time frame. In this analysis, we tried to show you a general mentality about the movements of this symbol. According to the side motion process that has occurred, this wave counter has been prepared in the form of complex waves for wave 4. Initially, the price of a zigzag that was connected to a flat by X-wave , and it can be said that all or part of our complex waves are over, and now a new trend or X-wave is being formed. With the price coming out of the blue channel, we came to the conclusion that a bunch of new waves are forming. We considered two possibilities for this wave: 1- Start of leading waves 2- X-wave formation and continuation of this side process At the beginning of the work, we examined the probability of wave X. In smaller time frames, we specified an area for the end of wave a, which will be confirmed if the orange trend line is broken, and the price will move upwards, if not broken. We will have the orange trend line from this point. If the orange trend line is broken and the price moves up to the trend line and the range we have specified for wave a , it will be a very suitable area in terms of harmonic formation for wave b, which is located in the Fibo area of ​​0.618. If the price returns from this area, wave c will probably move to the end of wave b. If Fibo 0.618 is broken, this analysis will be fielded. The plane sign indicates that wave a can move beyond this area. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by TajereBartarFX
NZDUSD | The best area to buy🚀Hello traders, Symbol NZDUSD, this analysis is prepared in a weekly time frame but has been published for a better view in a 2 week time frame. In this analysis, we tried to show you a general mentality about the movements of this symbol. According to the side motion process that has occurred, this wave counter has been prepared in the form of complex waves for wave 4. Initially, the price of a zigzag that was connected to a flat by X-wave , and it can be said that all or part of our complex waves are over, and now a new trend or X-wave is being formed. With the price coming out of the blue channel, we came to the conclusion that a bunch of new waves are forming. We considered two possibilities for this wave: 1- Start of leading waves 2- X-wave formation and continuation of this side process At the beginning of the work, we examined the probability of wave X. In smaller time frames, we specified an area for the end of wave a, which will be confirmed if the orange trend line is broken, and the price will move upwards, if not broken. We will have the orange trend line from this point. If the orange trend line is broken and the price moves up to the trend line and the range we have specified for wave a , it will be a very suitable area in terms of harmonic formation for wave b, which is located in the Fibo area of ​​0.618. If the price returns from this area, wave c will probably move to the end of wave b. If Fibo 0.618 is broken, this analysis will be fielded. The plane sign indicates that wave a can move beyond this area. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by TajereBartarFX
NZD/USD:UPTREND|FIBO SWING PRICE ACTION|LAST CHANCE TO ENTRY....Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Long
by FOREXN1
11
NZD/USD | Potential Upward Movement 🚀 Technical Analysis: The pair found buyers around the 61.80% Fibonacci retracement level which led to a reversal and a move higher. The bullish flag formation was broken to the upside with the help of a bullish head and shoulders. A lower correction could be posted to the highlighted before a new wave to the upside. ------------------------------------------------------------------------------------- Trade Idea: Buy Limit Order @ 0.70123 Take Profit @ 0.70842 Stop Loss @ 0.69890 Trade Safely 🙂
Long
by Forex-Robot-Nation
NZD/USD:BULLISH FIBO SWING IDEA|UPTREND SHORT TERM|LONG SETUP🔔 Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Long
by FOREXN1
4
NZDUSD Potential Long into 0.71250 (extended target)Top-down analysis Monthly - Previous monthly candlestick closure, Doji candlestick ( Potential ranging inside the doji) Weekly - Previous weekly candlestick closure, Long wick closure upside and also not correlated in Daily timeframe Daily - Made a higher high and a momentum ( but not a great momentum due to weekly candlestick closure) Potential movement next week might be going lower a big to get some liquidity to continue upside farther. Confluences for Upside movement; a. FIB 78.6% b. Minor key level c. Daily market structure
Long
by Chiguuu
NZD/USD Technical Analysis.Hello traders, NZD/USD is trading at 0.7003. The price is moving in a upward resistance and support wedges, after touching resistance level it is giving a small pull back but soon price can break its resistance level to continue its upward trend. The entry price for the pair is at 0.7020, 1st target is at 0.7053 and 2nd target at 0.7091. Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and Ideas. Thank you, Rishikesh Lilawat
Long
by rishililawat5
NZDUSD AnalysisPrice formed an order block (after Manipulation) at a retail resistance zone and, and made an impulse move in favour of the bears. We see that the slope of the down trend has changed signaling a change in momentum, to a more smoother trend. Whilst at this, price seems to be forming a bullish falling wedge (this pattern signals an imminent reversal to the upside if it appears in a downtrend). When making a further analysis into the wedge, we see that price has already given us 2 touches to the resistance trendline. Of which I believe, the current bullish movement is intended to give the third touch then drop to give us the third touch on our support trendline, which will be followed by an impulse that will break the wedge to the upside. Note that the second touch on the support trendline gave us another Order block. *Disclaimer* This is not financial advice. Forex trading is a risky business. Trade at your own risk. Patience and risk management are crucial. #Trade_Like_A_Magnate
Long
by Magnatrio
NZDUSD: Bull Run Before Plunge.Hello fellow risk-takers! An interesting idea is in the works on NZDUSD. The pair is, overall, still bearish despite the consolidation and the high-probability for bull-run. My assessment concludes that the pair should heavily go down again but not before a deep bullish retracement could happen. In other words, to continue down, the pair needs a vital momentum and this particular momentum seems present at the shaded are of Supply & Demand Imbalance. Although buying opportunity is present, the selling opportunity is less risky, more probable with high risk-reward ratio. There is a high probability that price will play out as indicated on the chart. Happy Trading ______ *This information is for entertainment purposes only and shouldn't be construed as investment advice.
Long
by UnknownUnicorn9837669