NZDUSD Pulled By Strong Dollar Sentiment (Zones Entry/Exit)After NFP we have seen a larger inflow into USD.
Weakness persists, would not be shocked if we fall lower.
NZDUSD trade ideas
How Much More Longer BearishOn this pair, we find that on the weekly timeframe, the market is Bullish. Price even went all the way up towards our liquidity target but failed to close above it. We are currently witnessing another pullback.
On the Daily, price is bullish. We have seen prices currently retrace into the daily zone.
But there is a lot of speculation as to whether or not this our refined daily reversal zone has what it takes to invite the bulls of demand to hold prices at that level and drive it back up.
Now my Analysis:
As much as I would want the daily zone to hold, as this is the fastest way for us to find a LONG trading opportunity, jumping on the rally towards the confluence weekly/daily liquidity targets. But I have a bit of reservation on this. This is because of the force with which prices have come into the daily reversal zone. Prices have come into the zone with a strong push, and not the usual gentle slide in expected of a reversal zone. Dont get me wrong, I am not concluding that the zone will fail, but rather I am saying that instead of the initial 70% chance I had of the zone holding, I now have a 40% chance of it holding because of price action.
In the event that the zone holds, we will expect to see the rally resume with prices gravitating towards our liquidity target above; and we will excitedly pull out out panzy pips trading system and jump on the trade.
But what happens if the zone fails..?
Where this is the case, we will look to see prices deep further towards the Weekly zone below. From where we will look to see some bullish reversal and again place our trade setup right beside price and stand ready to trade.
In all of these, we do not and cannot completely rule out the possibility of catching some bearish trades where the daily zone is breached and price dips towards the Weekly zone.
Share your thoughts guys and let us see your perspective on the market
NZDUSD SellWhen the market reversal to this point where I marked up the zone.
I am looking for a strong rejection candle before I take a trade.
If I cant find that , I will avoid this trade.
Always do your our analysis before you take the trade.
Its a 1:3 RR trade. Monday trade wait until NY open.
#NZDUSD 1H #NZDUSD Weekly Outlook
Timeframe: H1
The market trend is bearish. We'll prioritize sell opportunities at the order block.
Wishing you a successful trading week ahead!
Potential bullish rise off overlap support?NZD/USD is reacting off the support level which is an overlap support and could rise from this level top our take profit.
Entry: 0.6156
Why we like it:
There is an overlap support level.
Stop loss: 0.6122
Why we like it:
There is a pullback support level.
Take profit: 0.6207
Why we like it:
There is a pullback resistance that is slightly above the 23.6% Fibonacci retracement.
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Bearish opportunity @ NZDUSD The beginning of this trend is when H4 rejects by the Simple Moving Average 200. Always trade in H4 in this pair, because the volatility is always so massive.
NZDUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
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Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
A possible Bearish run for the NZDUSD PairTHE PAIR SEEMS TO BE IN STRONG BEARISH MOMENTUM.
The New Zealand dollar is fundamentally weak and and US Dollar is strong where as in accordance with the DOW theory NZDUSD is also in bearish trend as per our trading Strategy of Monday Blues.
What are your views ?????
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 Is Very Bullish! Long!
Take a look at our analysis for NZDUSD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.615.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.626 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
the New Zealand Dollar against the US DollarThe image shows a chart for the New Zealand Dollar against the US Dollar, with the current price of 0.61586. The chart is from TradingView, published on October 6, 2024, at 5:50 UTC. The chart shows a pair of parallel channels, which appear to be used to determine potential support and resistance levels for the price. The pair of channels is also used to draw a trendline. There is a small red and green candlestick at the 13:00 mark, suggesting an attempted breakout of the bottom channel.
NZDUSD SELL!
DXY is bullish on the daily and 4HR. NZDUSD has broken structure to the downside. Waiting retest the 61 fibs at resistance. Will sell at 0.62500. Best trade setup for the coming week. Please let me know your thoughts.
NZD-USD Potential Long! Buy!
Hello,Traders!
NZD-USD is falling down
Now and the pair is locally
Oversold so I think that
After it hits the horizontal
Support of 0.6121 from
Where we will be expecting
A local bullish correction
Buy!
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Check out other forecasts below too!
The image shows a candlestick chart of the NZD vs USDThe image shows a candlestick chart of the New Zealand Dollar vs. the US Dollar (NZDUSD) on October 5, 2024. The chart is for a 2-hour timeframe and is provided by OANDA. The current price is 0.61586. The chart shows the price action from the 16th to the 15th. It shows the currency pair trading within an upward channel. The blue arrow is pointing up, indicating that the price is likely to continue moving higher. The orange line represents a support level, which is a price level where buying pressure is expected to increase. The red dotted line represents resistance, where selling pressure is expected to increase.
ANOTHER SHORT FOR THE KIWIDISCLAIMER ! THE INFO BELOW IS JUST MY VIEW , TRADE RESPONSIBLY
FUNDERMENTAL
Fundermental we are expecting a rate cut on NZD of 0.5 basis point, so the intrest differential of the dollar to the kiwi will be 0.25 differential.
TECHNICAL
We had a bearish week forming a bearish engulfing on the weekly we are expecting a pullback to premium before the rate cut hence Monday and Tuesday we expect an upmove, my entry is bound to be at equilibrium of the range
NZDUSD - BUYDon’t sleep on this one. CHFJPY will stabilize back to 169.45 where equilibrium lies. These trades usually hit within three weeks, and 90% of the time within 7 days.
Buying and holding. If it moves against me, I sell more. Low leverage trading.
My style isn’t for everyone, but it’s the only approach that’s consistently worked for me.
NZD_USD RISKY LONG FROM SUPPORT|
✅NZD_USD is going down now
But a strong support level is ahead at 0.6140
Thus I am expecting a rebound
And a move up towards the target at 0.6200
LONG🚀
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NZD/USD Trade Plans (Pre NFP)Buy limit orders set at SZ1 (support zone 1).
Reasonable USD strength pre jobs, may continue. If order is triggered then will exit at mentioned levels or earlier depending on Sentiment developments.
NZDUSD Fri 04 OctDaily : Bullish Trend,
H4 : Level 1, 2 and 3 Completed. Divergence identified. ChOCH identified. Wait for Retest to Key Zone to Sell
NZDUSD Set To Grow! BUY!
My dear subscribers,
My technical analysis for NZDUSD is below:
The price is coiling around a solid key level - 0.6201
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, gIving a perfect indicators' convergence.
Goal - 0.6259
My Stop Loss - 0.6167
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
NZDUSD OVERVIEWNZDUSD formed a bullish market structure after breaking 0.62992 4H/D1/1W, and the price returned within the Area of Liquidity, consuming the unconsumed liquidity that was left after the price shift. It took an outside formation (new structure after the shift), and the price came back to capture the unconsumed liquidity, which is why the price returned. Now, we are continuing with a bullish continuation trade.
OANDA:NZDUSD
NZDUSD | Potential Shift In Oder flowMeasuring the potential shift in institutional order flow depends critically on how the price reacts at the high and low points of the previous cycles. As a bearish investor in the NZDUSD, I am expecting to see important key reference levels failing to act as support until all longer-term targets are reached...
NZD/USD Slips as Fed Powell Hints at Gradual Rate CutsThe NZD/USD pair has been losing ground in the wake of Federal Reserve Chair Jerome Powell's recent remarks, indicating that interest rates will be lowered gradually "over time." This dovish signal from Powell has bolstered the US Dollar, placing additional pressure on the New Zealand Dollar (NZD).
Adding to the bearish sentiment, the upcoming US ISM Manufacturing PMI for September is projected to show a slight improvement, with expectations set at 47.5 compared to the previous reading of 47.2. A better-than-expected result could further support the USD, reinforcing the downward trajectory of the NZD/USD pair.
On the New Zealand front, economic data has also been less than favorable. The country’s Building Permits fell by 5.3% month-over-month in August, a significant reversal from the substantial 26.4% increase recorded in July. This decline reflects a slowdown in the construction sector, further weakening the New Zealand Dollar.
From a technical perspective, NZD/USD has reached a key supply area where the price seems to be reversing. The Commitment of Traders (COT) report also aligns with this potential reversal, showing a shift in sentiment towards the USD. Coupled with the latest economic news and the anticipation of stronger US data later today, the technical indicators and fundamentals both point to a continued bearish outlook for NZD/USD.
In conclusion, with Powell’s dovish comments, weak New Zealand data, and the likelihood of stronger US economic reports, the NZD/USD pair appears poised for further declines. Traders should watch for confirmation from today’s ISM Manufacturing PMI release, which could boost the USD further and solidify the reversal in NZD/USD.
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