NZDUSD Will Go Higher! Buy!
Please, check our technical outlook for NZDUSD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.571.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.580 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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NZDUSD trade ideas
NZDUSD LONGNZDUSD has been in a downtrend for quite some time, price then failed to create a lower low which is an indication of possible change in trend. Currently price as broken passed a resistance level with multiple touches thereby creating an higher high. On the look out for pull back into fib levels and bullish reversal candle stick pattern for entry.
Risk is 0.5% of my account.
NZDUSD - DOUBLE BREAKOUT TO THE UPSIDE.Pair has broken out of pattern(s) and this comes with a strong momentum. Would likely see a strong push up to 0.5800 level (over a 100pips) in the coming days with other targets in view. But first level 0.57370 looks more certain intraday and "maybe" offer some resistance. We have the fib. retracement level 0.236 and megaphone upper trendline as obstacle. Would it pullback to resistance now turned support? Not sure, but would Long scalp at any given opportunity.
NZD-USD Bullish Breakout! Buy!
Hello,Traders!
NZD-USD was trading
Beneath the falling resistance
Line but now we are seeing a
Bullish breakout so we are
Now locally bullish biased
And we will be expecting a
Further bullish move up
Buy!
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NZD Possible Daily Future Formation?Now this may just be a big rationalization but i am curious to know what your guys thoughts are on this possible pattern.
With the dollars strong NFP data earlier today extending the price lower, the dollar also hit a large untested resistance on the daily timeframe. i am wondering if this could be a very sideways H&S in the event that the dollar rejects that daily level. The large buyside liquidity draws in the middle of structure also make me believe there could be a retracement to the upside on NZD.
This isnt a TP or SL idea, i am looking for the opinion of other fellow traders and what they may think the price action could be in the coming week.
Feedback is greatly appreciated. Kind feedback of course, Tradingview minds and ideas have turned into a battle ground over who is a moron for their idea and who is not lol.
If i am incorrect ill be waiting for that red bearish candle to blow through my computer screen and desk to then hit my toes. Lmk.
NZDUSDThis is a technical analysis chart for the NZD/USD currency pair on a 30-minute timeframe. Here's a breakdown of what is happening:
Descending Channel: The price has been moving within a downward-sloping channel, indicated by the two blue trendlines. These trendlines show lower highs and lower lows, suggesting a short-term bearish trend.
Breakout Potential: The price has recently moved above the upper boundary of the descending channel. This breakout could indicate a shift in momentum from bearish to bullish.
Resistance Levels:
0.56845: A horizontal blue line marks a key resistance level that the price might test.
0.56890: Another resistance level just above, which is also marked as "High" on the chart.
Arrow Suggestion: The upward arrow suggests that the price might continue moving higher, targeting the 0.56845 resistance level as the next potential price point.
Current Price: The price is at 0.56666, with a bid/ask spread of 0.56668/0.56671.
Conclusion: The chart is signaling a potential bullish move following the breakout. If the price sustains above the channel and gains momentum, it could reach the resistance levels marked. However, traders may wait for confirmation of the breakout to avoid false signals.
NZD/USD, sell, 8hEntry: Current Market Price
take: 0.55910
stop loss: 0.57417
NZD/USD is currently trading within a resistance zone. With bearish pressure building, we expect a move downward toward the target level, while the stop loss is set above the resistance to manage risk effectively.
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NZDUSD: Bearish Continuation & Short Signal
NZDUSD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell NZDUSD
Entry Level - 0.5670
Sl - 0.5694
Tp - 0.5621
Our Risk - 1%
Start protection of your profits from lower levels
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NZDUSD Long Analysis 22/01/2025I forgot about this but still not too late, this is an idea and not a signal.
NZDUSD is currently bullish, I was waiting for price to retrace the 30m OB but I had forgotten about it; it still respected that area though. Imbalance area below the red dashed line so TP can be at that area.
Always find an entry on a lower timeframe to avoid being in drawdown or having a bigger loss (like what I did with the 30m orderblock), in this case, I am using a smaller lot size since I entered late.
NZDUSD H4 | Bullish Bounce OffBased on the H4 chart, the price is approaching our buy entry level at 0.5609, a pullback support that aligns with the 61.8% Fibo retracement. This level is expected to act as a strong entry point in the bullish setup.
Our take profit is set at 0.5685, just below the recent swing high, marking a significant resistance level and a logical target for the trade.
The stop loss is set at 0.5554, below the recent swing low, providing room for price fluctuations while protecting against invalidation of the bullish bias.
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NZD/USD, sell, 30minEntry: Current Market Price
Take Profit: 0.56381
Stop Loss: 0.56915
NZD/USD is currently trending lower towards a strong support level. With bearish momentum. The stop loss is strategically set at 0.56915 to effectively manage risk.
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NZDUSD Massive Short! SELL!
My dear followers,
I analysed this chart on NZDUSD and concluded the following:
The market is trading on 0.5637 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.5606
Safe Stop Loss - 0.5653
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK