NZDUSDNZD_USD Continues bullish ,
pullback at demand zone and a move downup towards the target 1 or 2
wait confirmation rejection on demand zone to entry !!
LONG
Nzdusdtrade
$NZD KIWI - Where to next?$NZD KIWI - Where to next?
We had the FOMC, wasn't as hawkish we are at neutral rates, we had a horrible GDP and now we are in data dependent of course, is recession priced in already? Well, time will tell but regarding NZD:
Technical terms: In pennant/Bull flag a break to either direction. A break above 50 EMA - TL down we onto the bulls further in control next area of interest 1.618 areas which is a key resistance zone.
I bullish FX commodity pairs and precious metals, even a crypto! (Not Investment Advice)
TJ
NZDUSD - Chance to follow a long pullback NZDUSD showed power of buying pressure that confirmed the long pullback on the big timeframes.
On Entry timeframe show the broken core down key level to entry.
Now, demand zones are clearly to wait the movement.
NZDUSD Idea H1Here is my view for NZDUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NzdUsd to resume its down trendIn the past two weeks, NzdUsd has risen from the recent low at 0.6060 to a high just under 0.63. This, however, is only a correction to the major overall downtrend and the pair looks ready to resume its down move.
0.62 zone is confluence support given by horizontal and rising short-term trend line levels, and a break under would confirm my outlook.
I'm looking to sell this pair on confirmation with a 0.6 zone target
NZDUSDNZDUSD is at a KEY Level (Bullish Order Block) where we are expecting a Bullish MM Reversal pattern. There may be a short move to go below the current low to raid the liquidity underneath the lows before we go up. This means that SL might need to be a bit bigger or be very clinical with entry in the lower timeframes (15min, 5min).
NZDUSD - Short/Sell Idea - Descending ChannelNZDUSD - Short/Sell Setup - NZD has been trading inside a descending channel since mid June. At the moment it is testing the upper trend line of said parallel channel, it also has tested a recent resistance area and price has seemed to have rejected this area, quite strongly, similar to the last time it met this level. Upcoming news for NZD is also looking negative for NZD
Always Use good risk management, only risk 1% or less on any given trade. When a certain % or pips in profit move stop loss to breakeven. Also you can take partials along the way or trail profit in case of a reversal or if price surpasses our target level.
NZD vs USD falling wedgeThe prices are in the falling wedge. The value of the NZD against the USD is in the downtrend. We expect the price to break to the upside from the falling wedge formation. Our entry would be the breakout. It is expected that the NZD will be valued after falling wedge. The Demand Index crossed the 0 number upwards. In the same perspective, CMF crossed the 0 number upwards. The Demand Index and CMF indicators show that NZD will be valued against the USD based on the results of the chart.
Target in the chart
NZDUSD Chart H1Here is my view for NZDUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NzdUsd- Bottom in placeLast week, NzdUsd has broken under important 0.62 support. However, the pair lacked continuation and has blocked and formed new strong support above 0.61.
Friday's candle is a Pin Bar exactly from this support which can be the signal for reversal.
Confirmation for reversal comes with a break back above 0.62 and, in such a case, NzdUsd can continue its ascent to important 0.64 zone resistance.
I'm bullish as long as last week's low is intact
NZDUSD Buy AnalysisHey traders, here is the analysis for the NZDUSD. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
NZDUSD Chart H1Here is my view for NZDUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS - NZDUSD is currently DOWN very fast. This is because of the VIX UP and the strength of the dollar.
- Thus COMMODITIES are DOWN. It also has a very strong impact on the NZD. The CURRENCY STRENGTH WEAK CURRENCY is the New Zealand Dollar.
- NZDUSD can move further up to 0.6185 LEVEL. Also, if the MARKETS RISK is ON after that, you can definitely BREAK the TREND LINE above NZDUSD and BUY up to 0.6571 LEVEL.
Is the NZDUSD bearish or bullish? The Reserve Bank of New Zealand (RBNZ), showing concern about inflation, made another 50bsp hike during May taking its Official Cash Rate to 2.0%. The hawkish tone and actions of the RBNZ paired with fears the US economy could tip into a recession by the end of the year have helped the NZD regain some composure over the past couple of weeks.
The NZDUSD made a significant bounce at around 0.62000 after its descent during the first few weeks of the month. Now, the NZD is showing some sign of weakness as it again attempts to breach the 0.63100 resistance level.
During last week, we saw mixed data for the Kiwi dollar. The Business NZ Services Index showed a significant increase of 55.2 versus the previous data of 52.2, which indicates a stronger expansion in the services area. But on the other hand, Westpac Consumer Sentiment recorded the lowest reading ever of 78.7 since the survey began in 1988 which shows pessimism towards economic growth and low consumer confidence.
On the daily chart, the Williams Alligator Indicator is showing a strong downtrend signal as the price stays below the green 5-period moving average (alligator’s lips). While the other moving averages, the red 8-period moving average (alligator’s teeth) and the blue 13-period moving average (alligator’s jaw) are separated by a large distance between each other giving us a strong bearish trend signal.
However, a staunch support level might appear at the 0.62100 area. Given the fundamental analysis and a strong downtrend signal from the alligator indicator, a possible break out to the downside below the strong support zone may push the pair to the 0.60000 psychological price area.
NZDUSDmarket bos happened and also break demand zone we gonna bull side for NZDUSD market come to retracement ob and market come back to the level and shoot buy side
NZDUSD FOR 70 PIPSWith my three pin point formation in a supply zone for NU, i'm looking for a perfect sell setup for NU and looking at NU to close below yesterday's low 0.62165.
NZDUSD Chart H1Here is my view for NZDUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDUSD Short Analysis NZDUSD structure looks good for the short.
I will be watching lower timeframes for entry. Thanks.
NZDUSD Chart H4Here is my view for NZDUSD on H4. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDUSD Chart H4Here is my view for NZDUSD on H4. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDUSD Chart H1Here is my view for NZDUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
