NZD/USD Long D1 PullbackBuy Limit Entry @ 0.61774
S/L @ 0.58497
T/P1 @ 0.65061
T/P2 @ -----------
R.R.R. @ 1/1
Pure Price Action Trading based on Pullback of Key Levels.
USDNZD trade ideas
NZDUSD: Long Trade Explained
NZDUSD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long NZDUSD
Entry - 0.5771
Sl - 0.5747
Tp - 0.5820
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
NZDUSD OUTLOOKOn the monthly charts, we have a bearish outlook with signs of bullish correction. On the same monthly chart, we have a fresh order block indicating there is downside pressure.
Lately, the Kiwi has come under a lot of pressure since China cut their interest rates. Presently we are anticipating a further weakening of the kiwi across the board caused by weakening economic data from China.
On the daily charts, the Kiwi is set to form new lows confirming the medium term bearish trend as we wind down the year.
Wed 11th Dec 2024 NZD/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a NZD/USD Sell. Enjoy the day all. Cheers. Jim
NZD/USD price action: kiwi softens amid economic uncertaintyThe NZD/USD pair fell to 0.57592, reflecting significant pressure from the Reserve Bank of New Zealand's (RBNZ) ongoing monetary easing strategy, which includes recent interest rate cuts and the potential for further reductions in 2025. This easing is meant to stimulate New Zealand's economic activity by boosting consumer spending and investment. However, the growing divergence between New Zealand's and the U.S.'s monetary policies could lead to additional depreciation of the kiwi. The Federal Reserve's consideration of interest rate hikes, amid rising U.S. inflation expectations, strengthens the U.S. dollar, potentially attracting global investors seeking better returns and causing capital outflows from New Zealand. These factors could further pressure the NZD. Meanwhile, China's upcoming economic stimuli, expected to be announced at the annual Politburo conference, could positively impact the kiwi due to New Zealand's strong trade ties with China. Additionally, upcoming U.S. inflation data will likely influence market expectations regarding future Fed actions, which could further shape NZD/USD dynamics. Traders should prepare for volatility in the NZD/USD pair as these global economic developments unfold.
NZDUSD Sellers In Panic! BUY!
My dear friends,
My technical analysis for NZDUSD is below:
The market is trading on 0.5797 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5839
Recommended Stop Loss - 0.5776
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
NZDUSD - Long SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels.
In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level higher.
But to take more statistically more probable trades we should wait for some type of lower timeframe confirmation, and it this case we can notice sign of strength, so potentially there is a higher probability to see price higher
Your success is determined solely by your ability to consistently follow the same principles.
POTENTIAL LONG ORDER32pips tp was met. Price will likely bounce off 58146 retesting it and head to 59000
Continued Pressure on NZD/USD Following a Brief Seller RespiteTechnical Outlook
The NZD/USD pair has resumed its downtrend following a brief consolidation phase. Sellers have aggressively pushed the pair toward the most recent low at 0.58217. A confirmed break below this level could open the door for further declines, with immediate support targets at 0.58177, 0.58126, and the psychological threshold of 0.58070.
The Bollinger Bands exhibit a pronounced downward slope, signaling heightened bearish volatility. Additionally, the moving averages are aligned in a bearish crossover, reinforcing the dominance of sellers in the current market structure.
Alternative Scenario
To counter this bearish outlook, buyers would need to reclaim the immediate resistance at 0.58364.
Key Events to Watch
Market participants are closely monitoring US economic data, including non-farm productivity and unit labor costs, as well as a long-term Treasury bond auction. These reports are expected to influence USD strength, potentially impacting NZD/USD volatility further.
A Bullish Bat on NZDUSD AND A Potential Bullish Shark
WEEKLY: Price has bounced off of weekly support
with a bullish candle and the bullish candle has a rejection below. A NEW STORY IS ABOUT TO BEGIN
DAILY: We have a CHOCH on the daily to the upside. price is coming back to retest a level of support. we have a bullish shark on the daily, but 1.13 of XA is yet to be tested, AND 2.24 OF BC PROJECTION IS YET TO BE TESTED. (Obstacle). hopefully, the retest holds
H4: NO SET UP , CONFIRM CHOCH.
H1 and H2: A BULLISH BAT WITH CONFIRMED CHOCH, WE ENTER AT THE RETEST OF THE SUPPORT.
TARGET NEXT WEEKLY RESISTANCE AT 0.5917 ( though am planning on swinging it)
STOP LOSS: RECENT LOW, (28 PIPS)
NZDUSD long movePrice is currently dropping towards a demand level and any bullish reaction at this level cloud trigger a bullish movement.
Nzdusd m30Signal to going down already give, change of structure at m30 possible will continue going down
NZD/USD: Rally Ahead or Downside Risk?Hello Traders,
Trust you had a great weekend.
Take a moment to read my analysis of the NZDUSD currency pair.
Overview
The NZD/USD pair is currently trading at 0.58325, maintaining a clear downtrend on both the H1 and H4 timeframes. The pair remains confined within a bearish channel, reflecting continued selling pressure.
Idea
The price is currently testing a critical support zone, which aligns with the 0.786 Fibonacci retracement level of the impulsive move from November 26th to November 29th. The current price action suggests a potential pause at this support level, indicating a possible rally if the zone holds.
In a bullish scenario, the price is expected to advance toward the 0.5890 and 0.59016 resistance levels. However, the high at 0.5929 is not anticipated to be breached under the current outlook. Should the price break above this high, further upward momentum could extend to the 0.59692 zone before a likely reversal.
On the other hand, a decisive break below the 0.57966 support would invalidate this bullish expectation and signal further downside potential.
Conclusion
While NZD/USD remains in a bearish trend, the current support zone presents a key inflection point. A rally is likely if the support holds, with resistance levels at 0.5890 and 0.59016 in focus. However, a breach below 0.57966 would confirm a continuation of the downtrend, nullifying the bullish outlook.
Do let me have your thoughts guys.
Cheers and have a great week.
NZDUSD is BullishPrice was in a strong downtrend, however the bulls seem to have assumed control of the price action as previous lower high is successfully broken, and a higher high is printed instead. If the bulls maintain pressure then we will see the break of descending trendline and previous higher high, which according to Dow theory is a classic sign of bullish reversal. Targets are mentioned on the chart.
Kiwi H4 | Swing-high resistance at 61.8% FiboThe Kiwi (NZD/USD) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.5884 which is a swing-high resistance that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 0.5940 which is a level that sits above a multi-swing-high resistance.
Take profit is at 0.5807 which is a swing-low 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. 64% 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 (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.
a failed trade example, only because the move down was a bit bigI got stopped out, even though my trade was correctly predicting the direction it went. I was off by a few pips on my placement of entry and stop. No biggie. One R loss
Read The NZDUSD MarketLet's Looking at NZDUSD Price Actions and Predict the Next Moves and Maybe Finding Some Trade Opportunities, Good Luck With Your Trades <3
What’s Flowing: NZDUSDThe NZDUSD pair continues its downward trajectory, respecting the established bearish trend. Key resistance zones near 0.5860 and 0.5905 are capping any upward movements, while sellers maintain control. Support levels around 0.5770 are acting as a key target area for further downside potential.
The price remains below the moving averages, reinforcing bearish sentiment. Recent attempts to push higher have been met with selling pressure, with price action consolidating near the lower bound of the range. Traders should watch for a potential breakout below 0.5770 to confirm continued bearish momentum.
Market participants should stay cautious of any reversal signals near the support zones, but overall, the flow favors the downside for NZDUSD in the short term.
NZD/USD: Bulls Reloading at Demand ZonesOn the NZD/USD chart, price has reached a critical juncture near two strong demand zones (highlighted in purple).
These zones represent areas where institutional buyers could step in, given their historical significance.
The recent sell-off appears to have grabbed liquidity below local lows (red dotted lines), setting the stage for a potential bullish reversal.
If price reacts strongly within these zones, we could see a recovery targeting liquidity above the highs marked at 0.5865 and beyond.
The plan involves waiting for bullish confirmations such as higher highs or engulfing patterns to enter long positions, with stops placed below the lower demand zone for protection.
Initial targets focus on taking profits at key liquidity levels, while the overall bias remains bullish as long as the demand zones hold. Patience is key to trading this setup successfully.
Weekly Analysis - NZD/USD"On Monthly:
It continued Bearish move towards 0.58000 Psychological number that has been tested many times in the past.
All three EMA 200, 50 and 20 (BGR) are Bearish.
-- On Weekly:
It seems it has made a Bi-Lateral flag after a major Bearish move since 2021.
It confirms the Bearish move towards the 0.5800 and Trendline.
--On Daily:
It has made a Double Top to continue Bearish move. Once it hit 0.58000, and depending on the reaction afterward, I would pick the trade.
-- On Hourly:
Hourly chart doesn't add much to the picture. There is less than 30 Pips to 0.58000. you may notice Head & Multi-Shoulders formation to support Bearish move along with all three EMAs 20, 50 and 200 (RGB)."
NZD/USD AnalysisFX:NZDUSD
Overall analysis of the NZD/USD pair.
Here the market is moving at important support from the M TF, but I don't see any trading opportunities here at the moment.
