Buy nzdusdStrong bullish coming Daily , weekly oversold already Just wait to sweep low then enter into buyLongby forexagent1113
NZDUSD Shows a Complex Scenario Ahead of FED Interest Rate DecisNZDUSD Shows a Complex Scenario Ahead of FED Interest Rate Decision Today, NZDUSD presents a very complex scenario with potential moves in both directions ahead of the FED Interest Rate Decision. The FED is expected to cut rates by 25 bps to 4.5%. However, the main focus will be on Chair Powell's speech. Technical Analysis: The price is moving in a clear bearish trend, and during the last week, it began to contract. Currently, it is showing a bearish triangle pattern, but it could also be a reversal pattern. Therefore, we are looking for confirmation. A move below 0.5752 may push the price down to 0.5700, after which we could see the bullish wave resuming. Given that NZDUSD is in oversold conditions, the downside may be limited. If the price moves above 0.5785, it may rise to 0.5830, and if it holds, it may further rise to 0.5880. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ by KlejdiCuniUpdated 5526
NZD/USD Stabilises Ahead of the HolidaysNZD/USD Stabilises Ahead of the Holidays Forex trading is slowing down as the holidays approach, offering a pause after significant movements driven by various news events, including central bank decisions. Notably, NZD/USD reached its lowest level since October 2022 at the end of last week. The decline in NZD/USD has been influenced by two main factors: 1. The dollar gained momentum following the Federal Reserve's decision to lower the interest rate by 0.25% and its forward guidance for 2025. 2. According to Reuters: → New Zealand's economy contracted much more sharply than expected in the second and third quarters. → Market participants anticipate that the Reserve Bank of New Zealand may lower interest rates by 0.5% in February. Technical analysis of the NZD/USD 4-hour chart depicts a bearish outlook: - The 0.58 level, which served as support in November, turned into resistance in December. - The price is currently hovering near the lower boundary of a descending channel that has been in place since October. - The RSI indicator signals that the market is approaching oversold conditions. While bears may attempt to extend the downtrend by pushing the price below last week’s low, this could create a divergence pattern on the RSI indicator, offering hope for a potential bullish reversal. 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.by FXOpen227
NZDUSD Daily Chart Long AB=CD + BB + Major Trend LineNZDUSD Daily Chart Long AB=CD + BB + Major Trend LineLongby StudyWallStreet117
SELL Signal – NZD/USD - Targeting 226 PipsEntry: 0.5764 TP: 0.5538 SL: 0.5889 Risk/Reward: 2.32 Reasoning: Monetary Divergence: The RBNZ has paused rate hikes, weakening NZD appeal, while USD strength is supported by higher U.S. Treasury yields and reduced Fed rate-cut expectations. Economic Weakness: New Zealand faces slowing growth, a weak housing market, and reduced demand from China. Bearish Momentum: NZD/USD recently broke two long-term support levels, suggesting further downside toward the 0.5538 demand zone. Strong USD: Global monetary easing (e.g., Switzerland, Canada, ECB) and policy concerns are bolstering the USD, further pressuring NZD.Shortby ValchevFinanceUpdated 116
Great year for the NZD!I expect good NZD growth this year. A return to local tops! I expect a reaction from the 50 EMA, then a consolidation and a strong reaction. The move is Fibonacci programmed! Horban Brothers.Longby horbanbrothers11
NzdUsd will start to move up soon.What I see! Looking for Impulse Up. NU will soon begin to reverse. Before entering the trade, we ought to wait for LTF price movement. solely for educational purposes.It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments. Learn & Earn! Wave Trader ProLongby Wave-Trader-ProUpdated 13
Daily CLS , HTF FVG, Model 1Daily CLS , HTF FVG, Model 1 you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion. What is CLS? This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets. CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing. Good luck and I hope this educational post helps to become better trader “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Longby Dave-Hunter7
NZDUSD → The price could fall another 2.5%FX:NZDUSD is forming a return to a strong support zone after testing it after a year. Against the backdrop of a rising dollar, the chances of a support breakout are growing. The downtrend, rising dollar, weak fundamental background for NZD play a key role in forming a bear market. The price is testing the key resistance and trying to enter the selling zone. At the moment the price is restrained by the descending channel support and if the price manages to break this line and consolidate below, strong selling may be formed further, as there are no obstacles below it until 0.562. Resistance levels: 0.577, 0.5817 Support levels: 0.575, 0.562 I do not exclude the possibility of correction if the buyers hold the support. But there is no chance of a trend change. Another retest of the support may lead to a breakdown and further fall to 0.562 Regards R. Linda!Shortby RLindaUpdated 2216
NZD-USD Growth Ahead! Buy! Hello,Traders! NZD-USD is falling down But the pair is locally Oversold and as we are About to see a horizontal Support retest soon Around 0.5500 level we Will be expecting a Swing bullish correction Buy! Comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals115
NZDUSD BuyA bullish trend combined with a break and retest in confluence with a Fibonacci golden zone area could see a push to the upsideLongby marketsnxperUpdated 5
NZDUSD to continue in the downward move?NZDUSD - 24h expiry Price action looks to be forming a bottom. A Doji style candle has been posted from the base. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies. We look to Sell at 0.5704 (stop at 0.5736) Our profit targets will be 0.5623 and 0.5520 Resistance: 0.5705 / 0.5850 / 0.5960 Support: 0.5630 / 0.5520 / 0.5320 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. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Shortby OANDA3
"NZDUSD: Room for Further Decline?"NZDUSD: Approaching a Critical Support Zone Amid a Strong Bearish Outlook The NZDUSD pair is gravitating towards a significant support zone that it last tested over a year ago. This return to familiar territory comes under the shadow of a strengthening US dollar, which continues to exert downward pressure on the pair. The growing momentum behind the dollar and New Zealand's lackluster economic fundamentals are intensifying the likelihood of a major support level breakdown, potentially paving the way for deeper declines. Bearish Momentum in Full Swing The broader downtrend in NZDUSD remains firmly intact, driven by several key factors: Rising Dollar Strength: The US dollar has been bolstered by robust macroeconomic data, tighter monetary policy signals, and increased demand as a safe-haven asset in a volatile global environment. Weak New Zealand Fundamentals: New Zealand’s economic landscape offers little support for its currency, with lower growth forecasts and subdued sentiment adding to the downside pressure. Technical Weakness: The price action clearly reflects sellers' dominance, with the pair facing persistent resistance while struggling to hold onto key support levels. Testing Key Zones: Resistance vs. Support The pair is currently navigating a critical battle between resistance and support levels. A detailed breakdown is as follows: Resistance Levels: The 0.577 and 0.5817 levels are acting as formidable barriers for any bullish attempts. Each time the price approaches these zones, selling pressure intensifies, capping upward momentum. Support Levels: On the downside, 0.575 serves as an immediate level of interest, while the next significant floor lies at 0.562. This lower support remains untested in recent months and could act as the next price magnet should the pair breach the current descending channel. Descending Channel in Focus The NZDUSD is confined within a well-defined descending channel, which has dictated price movements for several sessions. Currently, the lower boundary of this channel is acting as temporary support, holding the pair above critical levels. However, the technical picture suggests that any decisive break below this channel could trigger a cascade of sell orders, as there is minimal structural support below until 0.562. Scenario Analysis: What Lies Ahead? Bearish Breakout: If the descending channel support fails and the price consolidates below this level, we may see a rapid acceleration of the downtrend. In this scenario, sellers would likely push the price toward the 0.562 mark, with minimal obstacles in their path. Temporary Correction: While bearish sentiment dominates, a temporary corrective bounce cannot be ruled out. Should buyers manage to defend the current support zone, the price could revisit the resistance levels at 0.577 and possibly 0.5817. However, such a move would likely be limited to short-term retracements rather than a trend reversal. Support Retest and Breakdown: The most probable outcome remains a retest of the support zone. Given the current macroeconomic backdrop and technical setup, any subsequent breakdown of this support could trigger fresh selling, opening the door for a deeper slide to 0.562. Conclusion: Downtrend Unlikely to Reverse Despite the possibility of minor corrections, the overall picture for NZDUSD remains overwhelmingly bearish. The combination of a strengthening US dollar, weak fundamentals for the New Zealand dollar, and a bearish technical setup creates a perfect storm for continued downside pressure. Traders should keep a close eye on the support zone near 0.575 and the descending channel boundary. A decisive break below these levels would confirm the next phase of the downtrend, targeting 0.562 in the near term. On the other hand, a sustained bounce above current levels might offer a brief reprieve, though it is unlikely to signal a reversal of the prevailing bearish trend. Shortby lonelyPlayer0Updated 3
NZDUSD M15 OUTLOOK (23/11/2024)The chart anticipates a retracement into the FVG and POI zone, followed by a possible continuation toward lower BOS levels.Shortby DCBFOREXTRADING2
NZD/USD LONGLong NZD/USD is supported by technical analysis based on key indicators that suggest a potential reversal or bounce in the price. On the 4-hour chart, the price is showing signs of consolidation after a long downtrend, with a favorable setup for a recovery. The Alligator moving averages are still bearish, but the price is starting to consolidate near the lower level, suggesting a possible weakening of the bearish pressure. The indicator below is showing a reversal from the oversold level (-50), with a positive bias, signaling a potential resumption of buying by the market. Support and Resistance: The support level at 0.5700 has held so far, while the target area is visible near 0.5740-0.5760, indicating a reasonable profit window. The stop loss has been placed below the recent low to manage risk. These elements suggest that the price may attempt a bounce in the short term. However, it is essential to carefully monitor the confirmation of the trend through a breakout of key levels and increasing volumes.Longby SwipeUp_TC3
NZDUSD - Support becomes resistanceHello Traders ! On the weekly time frame, The NZDUSD broke the support level (0.57736 - 0.58098). This key level becomes a new resistance level ! So, I expect a bearish move📉 __________________ TARGET: 0.56075🎯Shortby Hsan_Benhmed559
Market Analysis: NZD/USD Sink Further, Losses Mount Market Analysis: NZD/USD Sink Further, Losses Mount NZD/USD is also moving lower and might extend losses below 0.57350. Important Takeaways for NZD/USD Analysis Today - NZD/USD declined steadily from the 0.5790 resistance zone. - There is a short-term bearish trend line forming with resistance at 0.5750 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 a similar pattern and declined from the 0.5790 zone. The New Zealand Dollar gained bearish momentum and traded below 0.5765 against the US Dollar. The pair settled below the 0.5755 level and the 50-hour simple moving average. Finally, it tested the 0.5735 zone and is currently consolidating losses. Immediate resistance on the upside is near the 23.6% Fib retracement level of the downward move from the 0.5792 swing high to the 0.5736 low at 0.5750. There is also a short-term bearish trend line forming with resistance at 0.5750. The next resistance is the 0.5765 level or the 50% Fib retracement level of the downward move from the 0.5792 swing high to the 0.5736 low. If there is a move above 0.5765, the pair could rise toward 0.5790. Any more gains might open the doors for a move toward the 0.5810 resistance zone in the coming days. On the downside, immediate support on the NZD/USD chart is near the 0.5735 level. The next major support is near the 0.5710 zone. If there is a downside break below 0.5710, the pair could extend its decline toward the 0.5665 level. The next key support is near 0.5640. 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.by FXOpen6
Buy nzdusdA strong buy expected from this level A good retested the broken downtrend Daily , weekly oversold pair need some bullish correction Longby forexagent14
NZD_USD SWING LONG| ✅NZD_USD is set to retest a Strong support level below at 0.5550 After trading in a local downtrend from some time Which makes a bullish rebound a likely scenario With the target being a local resistance above at 0.5729 LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx113
NZDUSD BUYSwait for price to come to the OB. But during periods like this market tend to be slow. Lets see how it goesLongby Banger_Boi3
nzdusdnzdusd accelerated its decline by breaking the falling trend channel last week. Now it is forming an inverted flag formation. After the formation is completed, our target will be 0.55130.Shortby foxforex32
NZDUSD BULLI have just produced a YouTube Clip that explains the whole system using this pair... #NZDUSD Go take a look as it will explain the set-up for the bull PLUS - It will help you profit from my #NFP chart drop.... (on all 8 pairs I trade) as all the structure will be available in the day trade charts >> which this clip explains. good luck. Longby elitetechfx-dailyUpdated 4412