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Nzdusdshort

Recession Probability Dumped NZDIn the 4-hour and daily timeframe, FRVP shows the $0.6230 level as a critical support. At the same time, we see that it has been in the ascending channel since the beginning of March and is currently breaking the lower support of the channel. The fact that the sub-support of the channel and the FRVP support are in the same region increases the risk level of this region. The prospect of New Zealand's possible recession has pushed the NZD below this risk level. In such a scenario, it is possible to see $0.60 levels.
Short
by YavuzAkbay
20 Reason For sell NZDUSD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: after forming a church in 2007, the price is currently in sideways to upside phase yet grab all bearish liquidity and now ready for a bull move in my point of view based on the 12-month chart 2:📆Monthly: clear downtrend here, but the last low is not all its lower high, so the downtrend is halted here in this tf price is officially sideways 3:📅Weekly: price breach recent OB also breach recent pullback, so probability it may go up to premium area or extreme OB so we can open only buy positions in this pair in coming weeks 😇 7-Dimension Analysis 🟢 Analysis Time Frame: Daily 1 Price Structure: The price structure is showing a change in character and starting a new impulsive move. 2 Pattern Candle Chart: A bearish momentum candle known as the Boji classic pattern has appeared. 3 Volume: There is not much support from the volume. 4 Momentum (Unconventional RSI): The RSI has encountered resistance at the 60 level. 5 Volatility Measure (Bollinger Bands): The Bollinger Bands have shown a head fake with a bearish momentum candle. 6 Strength (ADX): The bearish DMi has gained strength. 7 Sentiment (ROC): There has been a sharp change in the sentiment over the last week. ✔️ Entry Time Frame: H4 Entry Time Frame Structure: Bearish. Entry Move: Impulsive. Support/Resistance Base: Waiting for H4 trend line. FIB: Trigger trend line has also been breached. ☑️ Final Comments: Sell at the breakout. 💡 Decision: Sell. 🚀 Entry: 0.6223. ✋ Stop Loss: 0.6277. 🎯 Take Profit: 0.6102. 😊 Risk to Reward Ratio: 1:3. 🕛 Expected Duration: 3 day
Short
by Optimum369
NZDUSD Buy NZDUSD advanced to a seven-week high of 0.6378 in the wake of a bolder-than-expected 50bps rate hike by the Reserve Bank of New Zealand early on Wednesday. The pair has been developing northwards within a bullish channel since the drop to 0.6083 on March 10th, having already climbed above its simple moving averages (SMAs). Encouragingly, the RSI and the MACD are sending clear positive signals at the moment, with the former trending up confidently above its 50 neutral mark and the latter gaining ground within the positive region. The next hassle could be the channel’s upper boundary, which overlaps with the 61.8% Fibonacci retracement of the latest downleg at 0.6392. A successful move higher could retest the 0.6465 constraining zone ahead of the 2023 top of 0.6536. Should the bulls push for new highs, the door would open for the long-term resistance trendline drawn from the 2021 high of 0.7463. NZDUSD h1 price is in an uptrend. Today it is possible that the pair will move up to the 0.6370 resistance area once again. Recommended buy to current price 0.6320, SL: 0.6280, TP: 0.6370
Long
by VTmarkets
NZDUSD - Sell idea for 10:1 RRRHello everyone! Hope you all had a great weekend and Ramadan Kareem all. FX:NZDUSD been moving quite nicely within this structure. Seeing also a great opportunity for sell from this area to follow its structure. Have two different TP set on the chart since some have asked for this. Risking 1% for 10%, I always take amount invested as partial and let rest run. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Together we win! Regards, Enzo
Short
by IamEnzo
NZDUSD - Bearish price action here ✅Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: As we can see price took buy stop liquidity and rejected from bearish order block + institutional big figure 0.63000 and sterted bearish price action which means I will look for shorts. I expect price could make a retracement to fill the imbalance higher and if price rejects from there I will open a short position. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
NZDUSD | UPSIDE LOOKS PROMISINGNZDUSD is currently standing on horizontal resistance zone of 0.62750 where bulls are trying 4th attempt to breakout from the start of March. The all previous attempt in March were made when EMA200 was above the price hence bulls were never strong. This time EMA is acting as support in favour of bulls to surpass this resistance. We can witness upside in Kiwidollar to 63800 level. More than 100 pips from current level. Any dip as long as it is above the EMA is buying opportunity. Let us know what do you think of the idea.
Long
by TradeTrio
NZDUSD H1: Bearish outlook seen, further downside below 0.6180On the H1 timeframe, prices are showing a downward trend and bearish order flow, with lower lows and lower highs being formed. A pullback to a key support-turned-resistance zone at 0.6180, in line with the 38.2% Fibonacci extension, could present the opportunity to ride the drop to the support zone at 0.6120, which coincides with the 78.6% Fibonacci retracement and extension levels. Prices are holding below the 20 EMA and Ichimoku cloud, and MACD is showing bearish momentum while ADX is above 25, supporting our bearish bias.
Short
by T3-Consultancy
NZDUSD SellNZD/USD picks up bids to pare intraday losses around 0.6175 during early Thursday. Even so, the Kiwi pair remains down for the second consecutive day after reversing from the 200-SMA and one-month-old resistance line the previous day. The NZD/USD pair’s failure to cross the aforementioned key hurdles joins bearish MACD signals and the downbeat RSI (14) line, not oversold, to keep the sellers hopeful of witnessing the quote’s further downside. NZDUSD h1 main trend is still down. Currently, the pair is in a short correction span. In today's price, it is possible that the price will recover to 0.6185 area and then continue to go down. Recommended to wait for selling around the price zone of 0.6185, SL: 0.6215, TP: 0.6140-0.6110
Short
by VTmarkets