NZDUSD is preparing for a reversal and a fallNZDUSD is in consolidation and preparing to exit it. Ahead is possible breakout of trend support and fall to 0.5757
The reason is as follows: change of fundamentals background (positive signals on tariff war), dollar growth and market reversal.
Scenario: break of consolidation support at 0.5885, price consolidation below this level - this will be a signal ready to start distribution, i.e. downward movement.
Primary target 0.5 fibo, secondary target 0.7 fibo
NZDUSD trade ideas
NZDUSD - Elliott Wave Setup: Eyes on the Buy Zone!NZDUSD - 3D Chart Elliott Wave Outlook
We've been tracking NZDUSD over the years and each move continues to align with Elliott Wave Theory.
The current structure is unfolding as a large ABC corrective pattern.
- Wave A and the complex Wave B (WXY) are now complete.
- We're now in Wave C, and we expect it to target the highs of Wave A.
Recently, NZDUSD made a clear bullish impulse but has been consolidating for the past 3 weeks. This correction is likely to resolve with a bullish breakout.
We've marked a buy zone between the 38.2% and 50% Fibonacci retracement levels, which we believe is the ideal entry area. We'll be watching this zone closely for lower timeframe bullish confirmations like a break of structure (BOS) or trendline break.
Trade Plan:
- Wait for price to enter the buy zone
- Look for bullish confirmations (BOS, trendline break)
- Enter after confirmation, with stops below the corrective lows
- Targets: 0.63 (500 pips), 0.65 (700 pips)
Goodluck and as always, Trade Safe!
NZDUSD to find buyers at previous swing low?NZDUSD - 24h expiry
Indecisive price action has resulted in sideways congestion on the intraday chart.
Pivot support is at 0.5850.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.5900 will confirm the bullish momentum.
The measured move target is 0.5975.
We look to Buy at 0.5850 (stop at 0.5800)
Our profit targets will be 0.5950 and 0.5975
Resistance: 0.5900 / 0.5950 / 0.5975
Support: 0.5875 / 0.5850 / 0.5825
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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NZD/USD Daily AnalysisPrice has printed multiple rejections of the 0.6000 zone over April and May 2025 whilst at the same time finding support at 0.5900.
Finally the market has seen a close below 0.5900 after printing a bearish engulfing candle.
We may see a pullback and retest of 0.5900 and a further move lower. However if we close above 0.5900 then we have likely to have seen a false break.
This is an idea of what may happen. Always trade with a profitable strategy and good risk management.
NZDUSD Set To Grow! BUY!
My dear followers,
This is my opinion on the NZDUSD next move:
The asset is approaching an important pivot point 0.5909
Bias - Bullish
Safe Stop Loss - 0.5885
Technical Indicators: Supper Trend generates a clearlong long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.5948
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
Potential bullish bounce for the Kiwi?The price has bounced off the pivot, which is an overlap support, and could rise to the 61.8% Fibonacci resistance.
Pivot: 0.5886
1st Support: 0.5861
1st Resistance: 0.5940
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Falling towards pullback support?The Kiwi (NZD/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 0.5888
1st Support: 0.5830
1st Resistance: 0.5977
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Falling towards Fibonacci confluence?NZD/USD is falling towards the support level which is a pullback support that lines up with hte 161.8% and the 145% Fibonacci extension, slightly above the 38.2% Fibonacci retracement and the 78.6% Fibonacci projection, and could bounce from this level to our take profit.
Entry: 0.5831
Why we like it:
There is a pullback support level that lines up with the 161.8% and the 145% Fibonacci extension, slightly above the 38.2% Fibonacci retracement and the 78.6% Fibonacci projection
Stop loss: 0.5796
Why we like it:
There is a pullback support level that lines up with the 100% Fibonacci projection.
Take profit: 0.5893
Why we like it:
There is a pullback resistance level.
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Falling towards 61.8% Fibonacci support?NZD/USD is falling towards the support level which is an overlap support that lines up with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.5887
Why we like it:
There is an overlap support level that lines up with the 61.8% Fibonacci retracement,.
Stop loss: 0.5863
Why we like it:
There is a pullback support level.
Take profit: 0.5932
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Market Analysis: NZD/USD Ready to Climb AgainMarket Analysis: NZD/USD Ready to Climb Again
NZD/USD is also rising and could aim for a move above the 0.5945 resistance.
Important Takeaways for NZD/USD Analysis Today
- NZD/USD is consolidating above the 0.5915 support.
- There was a break above a connecting bearish trend line with resistance at 0.5910 on the hourly chart of NZD/USD at FXOpen.
NZD/USD Technical Analysis
On the hourly chart of NZD/USD on FXOpen, the pair also followed AUD/USD. The New Zealand Dollar formed a base above the 0.5900 level and started a decent increase against the US Dollar.
The pair climbed above the 0.5980 resistance. It tested the 0.6020 resistance before there was a pullback. The recent low was formed at 0.58704 and the pair is again rising above the 50-hour simple moving average.
There was a break above a connecting bearish trend line with resistance at 0.5910. The pair cleared the 0.5915 resistance and the 23.6% Fib retracement level of the downward move from the 0.6022 swing high to the 0.5870 low.
The NZD/USD chart suggests that the RSI is back above 50 signaling a positive bias. On the upside, the pair is facing resistance near the 50% Fib retracement level of the downward move from the 0.6022 swing high to the 0.5870 low at 0.5945.
The next major resistance is near the 0.5985 level. A clear move above the 0.5985 level might even push the pair toward the 0.6020 level. Any more gains might clear the path for a move toward the 0.6050 resistance zone in the coming days.
On the downside, there is a support forming near the 0.5915 zone. If there is a downside break below the 0.5915 support, the pair might slide toward 0.5870. Any more losses could lead NZD/USD in a bearish zone to 0.5810.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NZDUSD: Close to a 1D Golden. Best sell confirmation in 2 years.NZDUSD is neutral on its 1D technical outlook (RSI = 48.000, MACD = 0.002, ADX = 34.685) as it got rejected from last month's highs back to the 1D MA200. Ahead of a 1D Golden Cross, that high was most likely the lower high of the 2 year Channel Down. Every 1D Golden Cross ended with a 0.786 Fibonacci test at least. We're bearish on the medium term, TP = 0.56250.
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NZDUSD: Is That a Liquidity Grab?! 🇳🇿🇺🇸
NZDUSD formed a bearish trap after a test of an important
intraday demand zone.
A violation of a resistance line of a wedge pattern on an hourly
confirms a strong buying interest.
The price may bounce at least to 0.5913
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I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZDUSD..SHORTPrice is nearing a critical level around .
** No setup, no trade. **
For me, a solid plan always comes before any prediction.
*****If the zone is broken and confirmed with a retest, I’ll adjust my plan accordingly for a possible reverse trade.
For detailed entry points, trade management, and high-probability setups, follow the channel:
ForexCSP
NZD/USDNZD/USD Has Broken To The Upside In The Daily Timeframe Signalling A Move Higher.
I've Pulled The Fib Retracement Indacating A Retracment Back Down To The Daily Fair Value Gap Around The 71% Zone. Once It Reaches That Zone I Will Be Looking For A Sweep Of Liquidity In The 15M Timeframe Which Ive Marked, From There I wIll Look For A Swing Trade Long Targeting The Top Of The Fib For A Take Profit.
Trade Safefully.
HK
NZdUSd SHORTMarket structure bearish on HTF 3
Entry at Daily AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Previous Structure point Daily
Around Psychological Level 0.59500
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 5
Entry 100%
REMEMBER : Trading is a Game Of Probability
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