NZDUSD - BEARISH MOVE Hi Traders !
On the daily time frame, the NZDUSD broke the support level (0.60023 - 0.59777).
This key level becomes a new resistance level !
So, I expect a bearish move📉
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TARGET: 0.59040🎯
NZDUSD trade ideas
NZDUSD H1 I Bullish BounceBased on the H1 chart analysis, we can see that the price has just bounced off our buy entry at 0.5918, which is a swing-low support.
Our take profit will be at 0.5937, which is a pullback resistance level close to 61.8% Fibo retracement.
The stop loss will be placed at 0.5905, which is a multi-swing low support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
NZD/USD Tests Key Support: Potential Drop to 0.57 if BrokenHello Everyone,
The NZD/USD has surpassed our previous bearish targets and is now testing yearly support levels. This support is expected to hold; however, if it fails, we could see the price drop as low as 0.57. The direction going forward depends on how well the strong yearly support at 0.589779 performs.
TradeWithTheTrend3344
Scalping 5 pipsBased on my analysis, if price closes below .59202, scalping for 5 pips. Price should prove to have enough momentum to push a little further! OANDA:NZDUSD
NZDUSD Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.59400 zone, NZDUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area.
We would also like to consider the current bearish momentum on DXY and the easing inflation in the US.
Trade safe, Joe.
NZDUSD: Bearish Rally Continues 🇳🇿🇺🇸
NZDUSD broke and closed below a key daily support.
The broken structure and a falling trend line compose the contracting supply zone now.
I think that the pair has a potential to drop lower.
The closest key support that I spotted is 0.589
❤️Please, support my work with like, thank you!❤️
DCF Bets: NZD-7/USD+2Today's market presents an opportunity for a short bet on NZD-7/USD+2 with a risk-to-reward ratio of 1:1. I've set a limit order at the beginning of NZD's supply zone, which will expire by the end of the day at 23:00 GMT+2. My total risk for this trade is ≈2.5%.
NZDUSD is in sell ModeThe trading strategy for NZD/USD is advising to enter a sell position from range 0.6080-0.6140, with take profit targets 0.5800 and 0.5700. A stop-loss order set at 0.61 to overcome potential losses in case the market moves in opposite direction.
our Long term Target is 0.55 and we will achieve hopefully in 4 to 6 weeks.... Trend is friend plz follow the trend... Thanks
NZDUSD Technical Analysis & Trade Idea - Finding An Entry PointIn this video, we closely examine how to find an optimal entry point in a trending market. We conduct an in-depth analysis of the NZDUSD, focusing on market structure, price action, and the trend. Most importantly, we discuss how to get involved in the market for maximum gains. As always, the information is educational and should not be construed as financial advice.
NZDUSD BEARI think it is about time the bear woke up so this, as with others I've posted, are the bear set-ups... LETS GO!!!
Bullish IdeaWe think that Market is winding up wave 2 correction, soon after completing that, the upward move will resume. We wait to see how price respect the potential Demand zones
NZDUSD Technical Analysis! BUY!
My dear followers,
I analysed this chart on NZDUSD and concluded the following:
The market is trading on 0.5963 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.6026
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
Potential Bearish Trend for NZD/USDThe NZD/USD currency pair may be entering a new bearish trend. After retesting the 0.6220 area, the price experienced a technical rebound at the resistance level, subsequently revisiting the previous supply area. This sequence of movements indicates a potential downward trajectory.
In our analysis, we have observed that the market dynamics are aligning with a bearish outlook. The resistance at 0.6220 has proven to be a significant hurdle for the bulls, and the price action suggests that the bears are gaining control.
We are now closely monitoring this pair for a bearish setup. Our objective is to anticipate and capitalize on the next downward movement. Key indicators and market sentiment support this bearish outlook, suggesting that the NZD/USD may continue to decline as it tests lower levels of support.
Investors and traders should consider the broader market conditions and sentiment around the NZD/USD pair. Economic indicators, global market trends, and geopolitical developments will also play crucial roles in shaping the future direction of this pair.
✅ Please share your thoughts about NZDUSD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
NZDUSD Potential Bullish BatOn the daily chart, NZDUSD is fluctuating downward in the short term, and bears have the upper hand. The current downside target can be seen around 0.5894. After reaching it, you can pay attention to the potential bullish bat pattern. In addition, this position is in the previous demand area.
NZDUSD: Technical Pressure Mounts Amid Weak Trade DataNZDUSD – technical overview
Overall pressure remains on the downside with the market continuing to stall out on runs up into the 0.6500 area. At the same time, there are some signs of the market wanting to put in a longer-term base. Ultimately, a break back above 0.6500 would be required to take the medium-term pressure off the downside and encourage this prospect. A monthly close below 0.5800 will intensify bearish price action.
R2 0.6154 – 8 July high – Strong
R1 0.6098 – 17 July high – Medium
S1 0.5942 – 3 May low – Medium
S2 0.5900 – Figure – Strong
NZDUSD – fundamental overview
On the surface, New Zealand trade data produced a solid headline reading. However, at closer glance, the underlying components were distressing, with both imports and exports declining outright. This along with an ongoing slide in commodities prices proved to be a big weight on the New Zealand Dollar. Key standouts on Tuesday’s calendar come from Eurozone consumer confidence, US existing home sales, and Richmond Fed manufacturing.
Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
NZDUSD to continue in the downward move?NZDUSD - 24h expiry
There is no indication that the selloff is coming to an end.
Although we remain bearish overall, a correction is possible without impacting the trend lower.
Risk/Reward would be poor to call a sell from current levels.
A move through 0.5975 will confirm the bearish momentum.
The measured move target is 0.5950.
We look to Sell at 0.5990 (stop at 0.6014)
Our profit targets will be 0.5930 and 0.5915
Resistance: 0.5990 / 0.6000 / 0.6010
Support: 0.5975 / 0.5960 / 0.5950
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.
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NZDUSD - 4hrs ( Sell Trade Target Range 150 PIP ) 🔻Pair Name : NZD/USD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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🔻 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🔻Key Technical / Direction ( Short )
Type : Mid Term Swing
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✔️Bearish Break
0.61050 Area
Reasons
- Major Turn level / D
- Visible Range Hvn
- Foxed Range Poc
- Day / week low Break
- Pattern Break
- Choch Zone
✔️Bullish Reversal
0.59500 Area
Reasons
- Major Turn level
- Pattern Target
- Choch Zone
- Fibo Golden
- Fixed Hvn
Nzd/Usd still remains bearish sell @0.59967 as the currency has shown no major changes I would be targeting the extreme Discount level of @ 0.59153 good luck
Short trade
Mon 22nd July 24
1Ht TF Entry
Entry 0.59943
Profit level 0.59645 (0.50%)
Stop level 0.59973 (0.05%)
RR 9.93
Sellside
LND Session
7.45 am
Kiwi H4 | Pullback resistance at 23.6% Fibonacci retracementThe Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6014 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 0.6050 which is a level that sits above the 50.0% Fibonacci retracement level and an overlap resistance.
Take profit is at 0.5982 which is an overlap support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
NZD/USDTechnical Analysis: NZD/USD
A long term deal.
Trading risk is low because the degree is the main trend of the market.
Before using this signal and analysis, be sure to check your analysis chart.
Attention!!!
In these analyses, only technical analysis is considered
Therefore, be sure to check the initial news before entering.
Attention!!!
If the trading symbol of the bank is closed, do not trade that symbol!!
Attention!!!
100% does not exist in financial markets
So don't enter this signal hoping for a definite profit
