NZDUSD Looking BullishThe Business Confidence report for New Zealand's NZD/USD reveals a positive shift in business sentiment, with a rise to 36.5 in January from the previous figure of 33.3. This indicates an optimistic change in how businesses perceive the economic environment. However, the NZD Activity Outlook, measuring firms' expectations for their own activity, witnessed a slight dip, decreasing to 25.7% from the earlier reading of 29.2%.
Nzdusdlong
NZDUSD Analysis(➡️RR=2.00)🏃 NZDUSD is moving near a 🟢 Heavy Support zone($0.6110-$0.6050) 🟢.
📈Regarding Classic Technical Analysis , it seems that NZDUSD has succeeded in forming a Double-Bottom Pattern , and we are currently witnessing a pullback to the Neckline .
🌊In terms of Elliott wave theory , NZDUSD seems to have completed 5 impulsive waves and is currently completing corrective waves .
🌊Most likely, the structure of correction waves is Double Three Correction(WXY) .
🔔I expect the NZDUSD to rise to at least the 🔴 Resistance zone($0.6220-$0.6178) 🔴 again after the pullback completes.
New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ), 15-minute Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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NZDUSD Trading Plan - 28/Jan/2024Hello Traders,
Hope you all are doing good!!
I expect NU to go Up from here.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
NZDUSD A BULLISH ENTRYhello guys
NZDUSD Formed an inverted head and shoulder on a daily key level during the formation the price rejected a supply zone many times it also plays now as a neckline for the pattern
if the price manages to break and retest it may be a very good entry for a buying opportunity
NZDUSD Analysis elliot. 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
nnzdusd signal buy limit. 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 buy signal. 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
NZDUSDNZDUSD is trading in descending channel and printing consistent LLs LHs. and is about complete ABCD pattern at strong daily support level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the buy momentum continues the next target could be 0.6270
What you guys think of this idea?
RBNZ Rate Hike Hint vs US Cut Outlook: A 330-Pip OpportunityFrom a fundamental perspective, this pair has aggressively recovered upward. This is attributed to the downward trend shift of the dollar and projections for the NZD, which include talks of a potential interest rate hike in the first quarter of the upcoming year. However, the U.S. economy is showing signs of cooling down, leading to projections of rate cuts starting next year. These two economic factors - weakness versus strength - are likely to continue bolstering this pair's strength.
The take profit idea of the set up(330pips) is base on monthly ATR which is 330.
NZD/USD BUY 📈 Market Analysis - Buy Opportunity 📉
Pair: NZDUSD
📊 Technical Analysis:
Forming a rising wedge pattern on the 30-minute timeframe, NZDUSD has also reached the higher low area of the uptrend line in the 4-hour chart.
📉 Expectations:
Anticipate a re-test of key support levels, as highlighted in the attached chart.
📊 Trading Strategy:
This trade is based on a combination of technical analysis and candlestick patterns. It's a long-term position, so ensure sufficient margin to manage market fluctuations. Implement proper risk management in line with your account size.
🚦 Trading Rules:
1️⃣ Rule 1: When the market hits Target 1, consider closing some positions or move your STOP LOSS to ENTRY price for safe trading.
2️⃣ Rule 2: After reaching Target 1, avoid placing new trades based on the same signal/alert.
3️⃣ Rule 3: If the market consolidates for more than 2 days, close the trade and patiently wait for the next favorable trading opportunity.
NZDUSD - Retracement to fill imbalance ✅Hello traders!
‼️ This is my perspective on NZDUSD.
Technical analysis: Here we are in a bullish market structure, so it is important to follow the trend and look for longs. For now I see price to make the retracement to fill imbalance lower and if price rejects from bullish order block I will consider to open a long position.
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NZD USD TRADE SET UP NZD USD TRADE SETUP
Since the price has broken above the bullish rectangle pattern and rested,
This tells us that the previous resistance level has become a support level which is a good sign for a bullish continuation.
Now we need to wait for candlestick patterns to form at the retest level to get the BUY signal.
NZDUSD Technical Analysis And Trade Idea The NZDUSD has shown notable upward momentum, reaching a significant resistance point on both daily and weekly charts. This video offers an extensive analysis, carefully scrutinizing price actions and uncovering potential trade prospects through comprehensive assessments across various timeframes, spanning from weekly down to 15-minute intervals. Expect a thorough examination encompassing price fluctuations, market trends, trend assessments, and critical technical analysis elements. It's essential to highlight that the insights shared in this video are purely educational and should not be construed as financial guidance.
NZDUSD to find buyers at previous resistance?NZDUSD - 24h expiry
Indecisive price action has resulted in sideways congestion on the intraday chart.
Momentum is flat, highlighting the lack of clear direction.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.6225 will confirm the bullish momentum.
The measured move target is 0.6280.
We look to Buy at 0.6200 (stop at 0.6176)
Our profit targets will be 0.6260 and 0.6270
Resistance: 0.6250 / 0.6275 / 0.6280
Support: 0.6200 / 0.6175 / 0.6150
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.
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NZDUSD H1, FUTURE PERSPECTIVE ✅🧠Hello Traders!
This is my perspective for NZDUSD H1. At the moment, we can see a phase of accumulation, I expect a manipulation until 0.6115 and after that, to execute LONG TRADE.
Also, the level of 0.61700 is an important level of resistance to follow. Exactly from this level, I expect the distribution and I will look for a LONG TRADE ENTRY.
Follow, like, and comment to see the daily/weekly content.
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NZDUSD - Look for a long ✅Hello traders!
‼️ This is my perspective on NZDUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 0.61000.
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