Bearish drop for the Kiwi?The price is reacting off the pivot and could drop to the 1st support which is a pullback support.
Pivot: 0.5938
1st Support: 0.5828
1st Resistance: 0.6028
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The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
USDNZD trade ideas
Bearish reversal off 61.8% Fibonacci resistance?NZD/USD is rising towards the resistance level which is an overlap resistance that lines up with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.5949
Why we like it:
There is an overlap resistance that lines up with the 61.8% Fibonacci retracement.
Stop loss: 0.5979
Why we like it:
There is a pullback resistance level.
Take profit: 0.5904
Why we like it:
There is a pullback support level.
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NZDUSD Continues to Trade Under the Pressure of a Strong DollarHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59400 support and resistance area.
Trade safe, Joe.
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 Wave Analysis – 30 April 2025
- NZDUSD reversed from the resistance level 0.6020
- Likely to fall to support level 0.5800
NZDUSD currency pair recently reversed down from the pivotal resistance level 0.6020 (former top of wave 2 from November) intersecting with the 61.8% Fibonacci correction of the downward impulse from September.
The downward reversal from the resistance level 0.6020 started the active intermediate impulse wave (3).
Given the overbought daily Stochastic, NZDUSD currency pair can be expected to fall to the next support level 0.5800, the former resistance from March and the target for the completion of the active impulse wave 1.
NZDUSD is preparing to reverse and fall....There is a risk of reversal and growth of course, as we have important news ahead.
But for the moment I will focus on technical analysis.
We had a rally and a stop earlier.
There is no continuation of growth, the price is facing pressure and breaking the consolidation support....
A retest of the previously broken consolidation support is possible, but if the price consolidates below 0.5925, then we can expect a fall to 0.583.
Scenario: breakdown and consolidation of the price in the selling zone. Further fall to 0.583. If the price continues to fall and consolidates below 0.583, then the medium-term scenario is a downward movement to 0.5668.
NZD/USD Sell Trade Analysis – 4H Timeframe📉 Pair: NZD/USD
🕒 Timeframe: 4-Hour
📥 Entry Price: 0.59267
🎯 Take Profit (TP): 0.58265
🛑 Stop Loss (SL): 0.59893
🔍 Trade Setup Explanation:
Trendline Rejection: Price has respected a descending trendline, confirming it as dynamic resistance. The recent candle shows rejection from this trendline, signaling a potential move downward.
Horizontal Resistance Level: 0.59274 has acted as a strong horizontal resistance level where the market has previously failed to break higher.
Bearish Market Structure: The market is forming lower highs and lower lows, indicating a continued bearish trend.
RSI Confirmation: RSI is at 41.81 and trending below its moving average (48.65), suggesting bearish momentum is still in play and sellers are in control.
💡 Summary: This setup shows confluence from both the trendline rejection and horizontal resistance zone, supported by bearish RSI momentum. The risk-to-reward ratio is favorable, making this a high-probability short trade setup.
NZDUSD Will Go Down From Resistance! Short!
Here is our detailed technical review for NZDUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.592.
The above observations make me that the market will inevitably achieve 0.580 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.
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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Kiwi in Trouble? Momentum Turns as NZD/USD Tests SupportTraders should be alert to a potential downside break in NZD/USD.
Sitting in a descending triangle and having printed a bearish engulfing candle on Tuesday, a clean break below .5930 would generate a setup where shorts could be established with a stop above the level for protection. The 200-day moving average screens as an initial target, with .5854 another after that.
Bullish momentum is waning with RSI (14) trending lower while MACD is curling lower. The momentum signal is therefore more neutral than bullish, putting increased emphasis on price action near-term.
Good luck!
DS
Potential bearish drop?The Kiwi (NZD/USD) is reacting off the pivot which is a pullback resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 0.5938
1st Support: 0.5840
1st Resistance: 0.6028
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
WHY you MUST analyze 28 CURRENCY PAIRS for added confluenceAll the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
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NZD_USD REBOUND AHEAD|LONG|
✅NZD_USD is trading in an
Uptrend and the pair is making
A local correction in a way
Which also resembles a bullish
Wedge so after the retest of the
Horizontal support around 0.5917
A local bullish rebound
Is to be expected
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZD-USD Long From Support! Buy!
Hello,Traders!
NZD-USD is making a local
Bearish correction but will
Soon hit a horizontal support
Around 0.5915 from where
We will be expecting a
Local bullish rebound
Buy!
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Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZD/USD Recovery Stalls Ahead of November HighThe recovery in NZD/USD seems to have stalled ahead of the November high (0.6038) as it gives back the advance from the start of the week.
In turn, a move/close below the 0.5920 (61.8% Fibonacci extension) to 0.5930 (78.6% Fibonacci extension) region may push NZD/USD towards the 0.5740 (78.6% Fibonacci retracement) to 0.5760 (100% Fibonacci extension) zone, with the next area of interest coming in around the 2020 low (0.5470).
At the same time, a breach above the November high (0.6038) brings 0.6070 (61.8% Fibonacci extension) on the radar, with the next region of interest coming in around 0.6170 (50% Fibonacci extension).
--- Written by David Song, Senior Strategist at FOREX.com
Precision Trading Using UKL Signal and RM2 – NCI System LogicIn this setup, I carefully skipped a trade due to an unclear UKL signal despite a potentially predictable trend — choosing discipline over guessing.
Later, I closed a position early based on RM2 logic, reacting to a strong downward impulse.
This chart reflects my decision-making process, using:
✅ UKL signal confirmation (clear vs. unclear zone logic)
✅ RM2 rule for exit based on risk reappearance
✅ Focused execution on a single pair only (NZDUSD)
✅ Risk-to-reward targeting RR1.2+
Your feedback is welcome! I continue to journal, refine, and strictly follow the NCI structure for long-term consistency.
NZDUSD Bearish moveShort-setup: breakdown of support
Trigger: Price has decisively broken below S1 (0.59337) and the 200-hour MA (red) on the 1h chart.
Confirmation: RFI just dipped below its ascending trendline and failed to reclaim it—momentum is bearish.
Entry: Short at market 0.5930–0.5925 (just below S1).
Initial Stop: Above R2 at 0.5944 (≈15-18 pips stop).
Targets:
T1: S2 at 0.5886 (~45 pips → RRR ≈ 1:3)
T2: R3 (long-term) at 0.5853 if momentum stays strong (~75 pips → RRR ≈ 1:5)
⚡ Highlight: This is a bank-order-flow style fade—selling the break of the minor support after a test of the 200-hour MA confluence.
NZDUSD: Bullish Forecast & Bullish Scenario
The recent price action on the NZDUSD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up.
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 is ready to push againNo comment needed. All information is in the chart analysis.
Steps to follow:
Analyze yourself.
Take the position with SL and Take Profits.
Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :)
Get the result.
I will update the trade every day.
Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger!
Good trades, Traders!
The golden bear
Market Analysis: NZD/USD DipsMarket Analysis: NZD/USD Dips
NZD/USD is trimming gains and struggling to stay above the 0.5945 pivot zone.
Important Takeaways for NZD/USD Analysis Today
- NZD/USD is declining from the 0.6030 resistance zone.
- There is a major bearish trend line forming with resistance near 0.5970 on the hourly chart of NZD/USD at FXOpen.
NZD/USD Technical Analysis
On the hourly chart of NZD/USD on FXOpen, the pair attempted another wave above the 0.6000 zone but failed. The New Zealand Dollar started another downward move from 0.6000 and dipped below 0.5980 against the US Dollar.
The pair settled below the 0.5970 level and the 50-hour simple moving average. It tested the 0.5930 zone and is currently consolidating losses near the 50% Fib retracement level of the downward move from the 0.6000 swing high to the 0.5928 low.
The NZD/USD chart suggests that the RSI is now well below 50 and signaling more downsides. On the downside, there is major support forming near 0.5945.
The next major support is near the 0.5920 level. If there is a downside break below the 0.5920 support, the pair might slide toward the 0.5880 support. Any more losses could lead NZD/USD in a bearish zone to 0.5840.
On the upside, the pair might struggle near 0.5970 and the 61.8% Fib retracement level of the downward move from the 0.6000 swing high to the 0.5928 low.
There is also a major bearish trend line forming with resistance near 0.5970. The next major resistance is near the 0.5985 level. A clear move above the 0.5985 level might even push the pair toward the 0.6000 level. Any more gains might clear the path for a move toward the 0.6030 resistance zone in the coming days.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.