Potential bullish bounce?NZD/USD is reacting off the support level which is a pullback support and could bounce from this level to our take profit.
Entry: 0.5665
Why we like it:
There is a pullback support level that lines up with the 78.6% Fibonacci projection.
Stop loss: 0.5634
Why we like it:
There is a pullback support level that line sup with the 78.6% Fibonacci retracement.
Take profit: 0.5710
Why we like it:
There is a pullback resistance level that lines up with the 50% Fibonacci retracement.
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NZDUSD trade ideas
NZD/USD 4H ANLAYSIS consolidation within the correctionThis chart shows the NZD/USD pair on the 4H timeframe.
Analysis
Trend: Price is moving within a rising channel.
Current Price: ~0.57182
Projected Move: Bearish continuation towards the lower channel boundary.
Trade Plan
Entry Point: Consider a short position on a retest of resistance near 0.5730 - 0.5750 with bearish confirmation.
Stop Loss (SL): Above the recent structure high, around 0.5785.
Take Profit (TP): Near the lower channel boundary around 0.5580 - 0.5600.
Risk Management
Ensure the risk-to-reward ratio is favorable (at least 1:2).
Look for confirmation signals such as bearish engulfing candles or rejections before entry.
Would you like a refined entry strategy or confirmation signal tips?
NZDUSD – Bullish Bias with Key Support at 0.5676Trend Overview:
NZDUSD remains in a bullish uptrend, with recent price action showing a corrective pullback towards a previous consolidation zone, now acting as a key support at 0.5676.
Key Levels:
Support: 0.5676 (key level), 0.5660, 0.5640
Resistance: 0.5730, 0.5750, 0.5770
Bullish Scenario:
A bounce from 0.5676 would reinforce the support level, signaling a continuation of the uptrend. A breakout above 0.5730 may drive further gains toward 0.5750 and 0.5770 in the longer term.
Bearish Scenario:
A daily close below 0.5676 would weaken the bullish outlook, increasing the likelihood of a retracement toward 0.5660, with 0.5640 as the next downside target.
Conclusion:
NZDUSD remains bullish above 0.5676, with potential upside targets at 0.5730, 0.5750, and 0.5770. However, a break below 0.5676 could shift momentum to the downside, targeting 0.5660 and 0.5640. Traders should monitor price action at 0.5676 for confirmation of the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Market Analysis: NZD/USD Struggles to Sustain Gains—What’s Next?Market Analysis: NZD/USD Struggles to Sustain Gains—What’s Next?
NZD/USD is also moving lower and might extend losses below 0.5700.
Important Takeaways for NZD/USD Analysis Today
- NZD/USD declined steadily from the 0.5760 resistance zone.
- There is a major bearish trend line forming with resistance at 0.5715 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 0.5760 zone. The New Zealand Dollar gained bearish momentum and traded below 0.5725 against the US Dollar.
The pair settled below the 0.5720 level and the 50-hour simple moving average. Finally, it tested the 0.5695 zone and is currently consolidating losses.
Immediate resistance on the upside is near the 50% Fib retracement level of the downward move from the 0.5736 swing high to the 0.5693 low at 0.5715. There is also a major bearish trend line forming with resistance at 0.5715.
The next resistance is the 0.5725 level or the 76.4% Fib retracement level of the downward move from the 0.5736 swing high to the 0.5693 low. If there is a move above 0.5725, the pair could rise toward 0.5750.
Any more gains might open the doors for a move toward the 0.5800 resistance zone in the coming days. On the downside, immediate support on the NZD/USD chart is near the 0.5705 level.
The next major support is near the 0.5695 zone. If there is a downside break below 0.5695, 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.
NZD/USD ... head & shoulder confrim sell..Based on the analysis of the NZDUSD H4 chart and the provided trade idea, here's a structured breakdown:
### Trade Setup Overview:
- *Pattern Identified*: Head and Shoulders (H&S) reversal pattern confirmed by a neckline break at 0.56800.
- *Trend Confirmation*: Price consolidating below the EMA-200, reinforcing bearish momentum.
- *Entry Point*: Sell at 0.56800.
- *Take Profit (TP)*: 0.55890 (91 pips target).
- *Key Levels*:
- *Neckline*: 0.56800 (serves as resistance post-break).
- *Projected H&S Target*: If the head is at 0.5750 and neckline at 0.5680, the minimum target is 0.5610 (70 pips). The TP at 0.55890 may account for extended bearish momentum or historical support.
### Risk Management Considerations:
- *Stop Loss (SL)*: Ideally placed above the neckline or right shoulder. For example, 0.57200 (40 pips risk) offers a 1:2.3 risk-reward ratio.
- *False Breakdown Risk*: Monitor for a close back above the neckline, which would invalidate the pattern.
### Additional Factors:
- *Market Context*: Check for upcoming economic events (e.g., NZ/US economic data, Fed/RBNZ policy) that could impact volatility.
- *Confluence Indicators*: Bearish alignment with RSI < 50 or MACD below the signal line would strengthen the setup.
### Conclusion:
The trade leverages a confirmed H&S breakdown and EMA-200 resistance. While the TP exceeds the traditional H&S measurement, it may target a stronger support zone. Traders should manage risk with a tight stop and watch for price action confirmation.
*Execution Plan*:
🔽 Sell at 0.56800
🎯 TP: 0.55890
🚫 SL: 0.57200 (adjust based on volatility tolerance).
Monitor price reaction near 0.5610 (initial H&S target) for potential partial profit-taking or trail stops.
DeGRAM | NZDUSD pullbackNZDUSD is in an ascending channel between trend lines.
The price is moving from the upper boundary of the channel, the upper trend line, which has already acted as a pullback point, as well as from the important psychological resistance level of $0.583.
Indicators point to the bearish divergence being worked out on the 1H Timeframe.
The chart has formed a pattern AB=CD.
We expect a continuation of the pullback in the channel after consolidation under the 38.2% retracement level.
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Potential bearish breakout?NZD/USD is reacting off the support level which is a pullback support and could breakout from this level to our take profit.
Entry: 0.5712
Why we like it:
There is a pullback support level that is slightly above the 61.8% Fibonacci projection.
Stop loss: 0.5735
Why we like it:
There is a pullback resistance level.
Take profit: 0.5680
Why we like it:
There is a pullback support level that aligns with the 161.8% Fibonacci extension.
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.
NZD/USD: Uptrend Restored – Next Stop: Weekly ResistanceWelcome back! Let me know your thoughts in the comments!
** NZDUSD Analysis !
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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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.
BUY NZDUSDThe NZDUSD showed it would pump up there aroud the key level that has already failed to handle.
Trade what you see and not what you think.
We are now given a new move from down. Observing the structure is bull, it creates HH,HL,HH,HL.....
Now let us wait if the price will feach the area we are expecting to.
This is not a financial advice
NZD/USD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
NZD/USD is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of 0.573.
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NZDUSD Analysis Today: Technical and Order Flow !In this video I will be sharing my NZDUSD analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
NZDUSD: Bullish Move From Support 🇳🇿🇺🇸
NZDUSD looks strongly bullish after a test of a key daily support.
As a confirmation, I see a nice bullish imbalance candle on an hourly
and a double bottom formation.
The pair may rise at least to 0.57323
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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 Technical AnalysisFenzoFx—The NZD/USD pair formed a double bottom pattern at the $0.5710 support. The trend remains bearish, with the price below the 50-period SMA.
The downtrend will stay intact unless the pair breaks above the $0.575 resistance. For bears to regain control, the price must close below $0.5710, targeting the next support at $0.5678.