NZDUSD - Trade Re-cap Take a look at the NZDUSD trade re-cap.
Here I explain exactly what I was looking for in getting this 1:10RR trade from start to finish.
Hope this helps
USDNZD trade ideas
NZDUSD IDEAWe've gotten a new higher high/break of structure to the upside.
Waiting for a pullback to our Fibonacci level for a continuation to the upside
NZDUSD Expecting ahead of GrowthNZDUSD Market Outlook
NZD/USD experienced a sharp decline during the Pacific and Asian sessions and is now testing support along its established upward trendline. This downward move appears to be a temporary correction, occurring amid broader U.S. dollar weakness and escalating geopolitical tensions in the Middle East.
Resistance zone 0.61200
Support Level 0.59800
Despite the recent drop, the overall trend for NZD/USD remains bullish, with the pair likely to find support at key technical levels. The correction in the U.S. dollar could offer further upside potential for the New Zealand dollar if the broader trend persists.
you may find more details in the chart Ps Support with like and comments for modify Thanks.
NZD/USD LongTechnical Analysis:
Initial Structure Shift: The chart reveals a significant low in late May, followed by a decisive break of structure (BOS) above a prior high (near the first green dot). This confirms a bullish market transition, indicating strong buying pressure.
Change of Character (CHOCH) Confirmation: The subsequent rally, marked by a sharp upward move, solidifies the change of character, with price sustaining above the BOS level. This reflects institutional intent to drive the market higher.
Resistance Zone Identification: Price has now approached a critical resistance level near 0.6090 (dashed line), where it has tested equal highs multiple times. This zone represents a potential pivot point for supply to emerge.
Momentum and Consolidation: The recent steep ascent, highlighted by the upward arrow, demonstrates robust momentum. However, the tightening of price action near resistance suggests a consolidation phase, offering a strategic entry opportunity.
Given the overall bullish trend, await a pullback to the 0.6070 support level. Enter the trade only after a bullish candle close confirms acceptance. Adjust your position size according to your risk parameters, and consider trailing your stop if momentum persists beyond 0.6090. Be prepared to exit if price rejects at resistance, indicating a potential shift.
NZDUSD Bullish consolidation breakout supported at 0.6000Trend Overview:
The NZDUSD currency price remains in a bullish trend, characterised by higher highs and higher lows. The recent intraday price action is forming a continuation consolidation pattern, suggesting a potential pause before a renewed move higher.
Key Technical Levels:
Support: 0.6000 (primary pivot), followed by 0.5985 and 0.5950
Resistance: 0.6100 (initial), then 0.6140 and 0.6180
Technical Outlook:
A pullback to the 0.6000 level, which aligns with the previous consolidation zone, could act as a platform for renewed buying interest. A confirmed bounce from this support may trigger a continuation toward the next resistance levels at 0.6100, 0.6140, and ultimately 0.6180.
Conversely, a daily close below 0.6000 would suggest weakening bullish momentum. This scenario would shift the bias to bearish in the short term, potentially targeting 0.5985 and 0.5950 as downside levels.
Conclusion:
NZDUSD maintains a bullish structure while trading above the 0.6000 support. A bounce from this level would validate the consolidation as a continuation pattern, with upside potential toward the 0.6100 area. A breakdown below 0.6000, however, would invalidate this view and suggest deeper corrective risk.
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NZDUSD - BULLISH MOVE !Hello Traders !
On Monday 9 June, The NZDUSD broke the resistance level (0.60380 - 0.60072).
This key level becomes new support !
So, I expect a bullish move🚀
_________________
TARGET: 0.61050🎯
NZD/USD BEARS ARE STRONG HERE|SHORT
NZD/USD SIGNAL
Trade Direction: short
Entry Level: 0.605
Target Level: 0.602
Stop Loss: 0.606
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
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 - LongWhen the market opens and the spreads die down. Will definitely be entering this trade to the upside.
We are still in a HTF bullish orderflow.
This is a great buy set up as we are at a very discounted price.
Lets see how It plays out
NZDUSD LONG Market structure bullish on HTFs DW
Entry at both Daily and Weekly AOi
Weekly Rejection at AOi
Previous Weekly Structure Point
Daily Rejection at AOi
Previous Daily Structure Point
Around Psychological Level 0.60000
H4 Candlestick rejection
Levels 3.07
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
Bearish bias on NZDUSD Double tops at key resistance
- lower highs and lower lows formation
- 50 ema cross and above price
- 50% - 61.8% fib level
NZD/USD Short Setup – Quick Play Ahead!🔻 NZD/USD Short Setup – Quick Play Ahead!
The Kiwi pair is showing signs of exhaustion near key resistance levels, and bearish momentum is building up.
I'm currently eyeing a short-term sell position with a target at 0.60180.
If price action confirms this setup, we could see a clean move toward that zone.
📉 Watch for rejection signals and manage risk wisely.
👉 Follow for more sharp entries, clean technicals, and daily FX setups!
NZD/USD a great "BUY" potential at the bottom of wave 4!1). The pair needs to complete the wave 5 to fulfill the upward sequence! 2). Price action loves the.728 fib level the most! 3). Banks are buying! 4). Volume has increased!
short nzdusdnzdusd should continue it's bearishness if price comes below the white line i have plotted. once it does, im expecting it to continue selling for the rest of today at least. if it doesn't cross the white line in the next few hours, STAY OUT
Kiwi H4 | Falling toward a pullback supportThe Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6038 which is a pullback support.
Stop loss is at 0.5995 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement.
Take profit is at 0.6079 which is a multi-swing-high resistance that aligns closely with the 161.8% Fibonacci extension.
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NZD/USD Market Sentiment is at .6103Market Sentiment
Forex market sentiment can be measured using various tools and indicators. One of the most popular methods of measuring sentiment is using sentiment indicators. These indicators provide insights into market sentiment , such as the percentage of traders who are bullish or bearish on a particular currency.
Forex Sentiment
One of the main advantages of using forex sentiment analysis is that it can help traders make more informed trading decisions. By understanding the overall sentiment of the market, traders can better anticipate price movements, identify potential trading opportunities, and manage risk more effectively.
What is Forex Sentiment?
Forex Sentiment is the feeling or perception of market participants towards a currency pair. It is an essential aspect of forex trading, as it plays a crucial role in determining the direction of the market. Forex sentiment is driven by a wide range of factors, including economic data, geopolitical events, news events, and market trends.
While there are various methods of measuring sentiment, traders should use sentiment analysis in conjunction with other technical and fundamental analysis tools to make informed trading decisions.
NZD/USD "KIWI" 4 hr. bigger further north!1). Increased Volme! 2). Banks are buying! 3). The currency is viewed as a safe haven now!
NZDUSD: Short Signal Explained
NZDUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short NZDUSD
Entry Point - 0.6067
Stop Loss - 0.6097
Take Profit - 0.6018
Our Risk - 1%
Start protection of your profits from lower levels
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 short ideaLooking to enter a short on NZDUSD area given the opportunity.
Key area requires breach either on 1H or 2H timeframe (clear candle closure). If market provides this , will be looking to enter as per analysis.
SK
Short NZDUSDNZDUSD has broken the wedges drawn in H4. In technical analysis, we projected price will approaching to the equidistant channel drawn from the upper wedges line there.
NZD/USD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
NZD/USD is trending down which is evident 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 0.983.
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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