NZDUSD SellSell opportunity
Entry 0.60077
SL: 0.60224 (20pips)
TP: 0.59405 (66pips)
Daily TF resistance taped. And precious day close breaken.
We are waiting for a retest of the previous day close and a sell candle confirmation on for us to enter our sell position
Kindly drop your comments below.
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NZDUSD trade ideas
NZD_USD LOCAL PULLBACK AHEAD|SHORT|
✅NZD_USD will soon retest a key resistance level of 0.6036
So I think that the pair will make a pullback
And go down to retest the demand level below at 0.6000
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
New Zealand dollar steady ahead of employment dataThe New Zealand dollar is showing limited movement on Tuesday. In the European session, NZD/USD is trading at 0.5970, up 0.05% on the day. With no key events in New Zealand or the US today, we can expect a quiet day for the New Zealand dollar.
New Zealand releases the employment report for the first quarter on Wednesday. The labor market is showing signs of weakening, with employment change posting two straight declines.
The markets are projecting a slight improvement, with an estimate of 0.1% for Q1.
The unemployment rate has accelerated for seven consecutive quarters and is expected to rise to 5.3% from 5.1% in Q4 2025. This would be the highest level since Q4 2016 and would support the case for the Reserve Bank of New Zealand to lower rates for a sixth straight time at the May 28 meeting. At the April meeting, members warned that the tariffs created downside risks for growth and inflation in New Zealand.
The RBNZ would prefer to continue lowering interest rates in increments of 25-basis points in order to boost the weak economy. Inflation is comfortably within the 1-3% target band but there are upside risks to inflation, especially with global trade tensions escalating due to US tariffs.
In the US, the Federal Reserve is virtually certain to maintain interest rates at 4.25-4.5% on Wednesday. The meeting will be interesting as Fed Chair Powell is expected to push back against pressure from President Trump to lower rates. The Fed is likely to remain on the sidelines until the uncertainty over US tariffs becomes more clear. Trump's zig-zags over tariffs has triggered wild swings in the financial markets, but Trump has said some trade agreements will be announced soon.
NZD/USD is testing support at 0.5968. Below, there is support at 0.5940
There is resistance at 0.5995 and 0.6023
NZD-USD Short From Resistance! Sell!
Hello,Traders!
NZD-USD keeps growing
In an uptrend but the pair
Will soon hit a horizontal
Resistance of 0.6029 from
Where we will be expecting
A local bearish pullback
And a further move down
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZDUSDOur previous trade was on **EURUSD**, and it’s just a few pips away from hitting the **Take Profit** level — even though I shared it only 5 minutes ago! 🙂
From a **correlation perspective**, I’ve identified a similar opportunity on **NZDUSD** in the same direction. That’s why I’ve opened a **Buy** trade on NZDUSD as well.
🔍 **Criteria:**
✔️ Timeframe: 15M
✔️ Risk-to-Reward Ratio: 1:1.50
✔️ Trade Direction: Buy
✔️ Entry Price: 0.59722
✔️ Take Profit: 0.59923
✔️ Stop Loss: 0.59588
🔔 **Disclaimer:** This is not financial advice. It's a trade I’m taking based on my own system, shared purely for educational purposes.
📌 If you're also interested in systematic and data-driven trading strategies:
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NZDUSD to continue in the upward move?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 0.6000 will confirm the bullish momentum.
The measured move target is 0.6075.
We look to Buy at 0.5950 (stop at 0.5900)
Our profit targets will be 0.6050 and 0.6075
Resistance: 0.6000 / 0.6025 / 0.6050
Support: 0.5950 / 0.5925 / 0.5900
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NZD/USD DoubBottom Breakout: Bulls Eyeing Higher LevelsThe NZD/USD chart showcases a classic double bottom pattern, indicating a potential shift from a downtrend to an uptrend. The price has broken above the neckline resistance, confirming the pattern and suggesting bullish momentum. Volume indicators support the breakout, and momentum oscillators like RSI and MACD are trending upwards, reinforcing the bullish bias. Traders should watch for a retest of the breakout zone as support before considering entry points. Potential targets can be projected based on the height of the double bottom formation.
NZD/USD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
NZD/USD is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 0.592.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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NZDUSD - LONG - Trade plan - 1hr TFNZD is fundamentally strong as compared to DXY according to last weeks data
its a buy call for NZDUSD, 1hr TF, Entry at 0.382(0.59464)
SL at 0.59149 (Major Support 0.58936)
TP 1= 0.59788
TP 2=0.60004
TP 3= 0.60298
Make your trade breakeven after TP 1 is hit,
Make your SL at TP1 when TP 2 is hit and so on.
Real #009 NZDUSD Moving Average Sell 1208SGT 05052025Selling NZDUSD on tradingview, oanda mt4 and ftmo 10k.
This time, instead of waiting for price to come back again to the stabbing area, I just sell as a "confirmation".
I think that as long as I could reconcile with myself that I am selling into "value", I would place a position in.
1210SGT 05052025
Bullish bounce off pullback support?The Kiwi (NZD/USD) is falling towards the pivot and could bounce to the pullback resistance.
Pivot: 0.5818
1st Support: 0.5690
1st Resistance: 0.6025
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NzdUsd Trade IdeaWith NU still trading between 59450 and 58895 I'll be personally waiting on smaller time frames to either create bearish structures below 59459 to confirm a range continuation or wait for bullish structures to form above 59450 before executing any longs. I'll be looking for a 1:2.5 - 1:3rr for both set ups.
NZDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59650 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59650 support and resistance area.
Trade safe, Joe.