Get started

NZDUSD

NZDUSD to continue in the downward move?NZDUSD - 24h expiry Daily signals are bearish. Preferred trade is to sell into rallies. Our outlook is bearish. We look for a temporary move higher. 20 4hour EMA is at 0.5932. The lack of interest is a concern for bulls. We look to Sell at 0.5930 (stop at 0.5956) Our profit targets will be 0.5865 and 0.5850 Resistance: 0.5896 / 0.5920 / 0.5935 Support: 0.5974 / 0.5960 / 0.5940 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. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
Further downside price action?The Kiwi (NZD/USD) has made a bearish breakout through the pivot. Could the downward momentum potentially carry it lower towards the 1st support?1 Pivot: 0.5953 1st Support: 0.5872 1st Resistance: 0.6059 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.
Short
by ICmarkets
1
NZDUSD has a strong bearish momentum, could it fall further?Price is rising towards a resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.59686 Why we like it: There is a pullback resistance level which aligns with the 50% Fibonacci retracement Stop loss: 0.60084 Why we like it: There is a pullback resistance level which aligns with the 50% Fibonacci retracement Take profit: 0.59318 Why we like it: There is a pullback support level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by VantageMarkets
NZDUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: 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 these 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 :-)
Short
by ShahedZare
NZDUSD: Technical Correction and Fundamental PressAttention Traders, Today's focus is on NZDUSD, where we're observing a potential selling opportunity around the 0.60400 zone. After trading in an uptrend, NZDUSD recently experienced a breakout and is now undergoing a correction phase, edging towards the retrace area near the 0.60400 support and resistance zone. Expanding on our analysis, let's consider the fundamental landscape. Inflation data plays a crucial role in shaping market sentiment, and recent CPI figures highlight significant trends. Comparing recent Consumer Price Index (CPI) data reveals: Mar 12, 2024: 0.4% Feb 13, 2024: 0.4% Jan 11, 2024: 0.3% Dec 12, 2023: 0.3% Nov 14, 2023: 0.2% Moreover, yesterday's CPI release for April 10th reported a robust year-over-year increase of 3.5% in March, exceeding expectations and driven by upticks in housing and gasoline costs. This uptick in inflation can potentially impact currency pairs like NZDUSD, as it may prompt expectations of tighter monetary policy to combat inflation, consequently exerting downward pressure on the New Zealand dollar. As we navigate today's trading session, it's essential to integrate both technical and fundamental analysis. The potential selling opportunity in NZDUSD at 0.60400 aligns with the broader correction phase and the impact of inflation data on currency dynamics. Trade wisely, Joe
Short
by JoeChampion
6
NZDJPY H4 Bullish In this video, we will be discussing the bullish forecast for the NZDJPY currency pair. We will analyze the current market conditions and trends to provide insights on why we believe NZDJPY is likely to see a bullish movement in the near future. Stay tuned to learn more about potential trading opportunities and strategies for NZDJPY. If you are interested in forex trading and want to stay ahead of the market, this video is a must-watch for you. Don't miss out on valuable information that could help you make informed trading decisions. Subscribe to our channel for more updates on forex trading and market analysis. Remember, trading involves risk and it's important to do your own research before making any investment decisions.
Long
by Jeremyforex121
2
NZDUSD - Wait For It ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 NZDUSD has been overall bearish , trading within the falling wedge pattern in blue. Currently, NZDUSD is in a correction phase, approaching the lower bound of the wedge. Moreover, it is retesting a strong demand in green. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline. 📚 As per my trading style: As #NZDUSD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
3
Levels discussed on livestream 12th April 12th April DXY: Continue higher towards 106 resistance. Look for reaction, if reject, likely to rest at 105.80 NZDUSD: Buy 0.5950 SL 20 TP 60 (bounce off support) AUDUSD: Sell 0.6495 SL 20 TP 50 USDJPY: Sell 153.10 SL 20 TP 40 GBPUSD: Sell 1.2490 SL 20 TP 40 EURUSD: Sell 1.0650 SL 20 TP 60 USDCHF: Buy 0.9170 SL 20 TP 55 USDCAD: Buy 1.3730 SL 20 TP 50 Gold: Possible continuation to upside to 2410 (Top of channel) before slight retrace lower
TVC:DXY
by JinDao_Tai
1
Strifor || EURUSD-Mid-term viewPreferred direction: BUY Comment: The main currency pair is most likely now the most interesting to buy, since it has the most formed buy-setup. A significant part of the buyers have already been liquidated, and growth according to scenario №1 is now most likely. Scenario №2 is considered as plan B, where buy-positions are expected at the level of 1.06500 . This level is located near the support trend line. The target for this medium-term long trade is not considered above the level of 1.07500 . Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Short
by Viktor_strifor_analyst
1
Strifor || NZDUSD-Mid-term viewPreferred direction: BUY Comment: Once again, we are considering the New Zealand dollar together with the Australian dollar , well, this is not surprising given their high correlation. Here, too, a recovery is expected in the medium term, but not everything is so simple, and still, before growth, there will most likely be updates to local lows. A more optimistic scenario is exactly what it looks like and can be found on the chart within scenario №1. Scenario №2 is more aggressive on the part of the seller, and here it would be best to look for long-positions at the support level of 0.59018 . Above the level of 0.60713 the target is not considered. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Viktor_strifor_analyst
3
Strifor || AUDUSD-Mid-term viewPreferred direction: BUY Comment: We consider the Australian dollar in favor of a buyer within the medium term. It should be noted here that AUDUSD and NZDUSD will most likely update at least local minimums before growing. However, current prices are also great for "step by step" accumulating a buy-position. This trade is not designed for a big move higher, as the Pacific currencies do not look so positive in the longer term. Therefore, the target for a corrective upward movement is not considered above the level of 0.66000. We have two scenarios for this medium-term long, where scenario №1 is more likely. As there is a medium-term deal, the two scenarios are considered in combination. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Viktor_strifor_analyst
5
Downward MomentumThe Kiwi (NZD/USD) has made a bearish reaction off the pivot which has been identified as a pullback resistance; this FX pair could potentially fall towards the 1st support. Pivot: 0.6007 1st Support: 0.5974 1st Resistance: 0.6042 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.
Short
by ICmarkets
NZDUSD H 4 I Bearish Drop Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.5995, which is an overlap resistance level Our take profit will be at 0.5958, an overlap support level. The stop loss will be placed at 0.6042, which is a pullback resistance 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. 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 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. 70% 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.
Short
by FXCM
Kiwi H4 | Potential bearish breakoutThe Kiwi (NZD/USD) could fall towards a potential breakout level and drop lower from here. Sell entry is at 0.5965 which is a potential breakout level ( wait for the 1-hr candle to close below 0.5965 for confirmation ). Stop loss is at 0.6006 which is a level that sits above the 23.6% Fibonacci retracement level and a pullback resistance. Take profit is at 0.5925 which is a support level that aligns with the 161.8% Fibonacci extension. 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. 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 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. 70% 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.
Short
by FXCM