NZD USD - W PATTERN PRICE HAS TO FILL LIQUIDITY AT RESISTANCENZD USD - W PATTERN PRICE HAS TO FILL LIQUIDITY AT RESISTANCE, make a long entry after break out of down trend as shown in the picture, follow for more live updates.... Longby FOREX_TRADER_007Updated 2211
NZDUSD WEEKLY VISIONBig Sell Opportunity, NZDUSD Looks Like It Can Drop a Million Pips.Shortby Ismoo078Updated 2
NZD/USD Primed for Bearish Movement, Eyeing Lower SupportsHello Everyone, The NZD/USD appears poised for a bearish trajectory, potentially retracing to retest lower support levels, with the likelihood of testing the 1M PP once more. TradeWithTheTrend3344Shortby TradeWithTheTrend33442
NZDUSD- Under tight consolidation before breaking out!NZDUSD- Under tight consolidation before breaking out! -Consolidation zone. -Engulfing candle confirmed. -Key level and trendline resistence. -Chart pattern support.by phanvinhhai221
%%%% NZDUSD UNIQUE IDEA ^^^^#NZDUSD UPDATE NZDUSD is making Bullish flag pattern we are waiting for breakout. Now market volume is low. After breakout we can see gain upto 100Pips+ soon. Keep in touch we will update further soon (Forex Market volume is low trade carefully we can see sudden moves)Longby Williamforex115
NZD-USD | 30M LONG | TECHNICAL CHARTHello traders, I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Thank you for considering my analysis and perspective. Good luck Longby TraderTilkiUpdated 1
Ancient Trendline with RSI Divergence After a long wait, a trading opportunity that is worthy has resurfaced. I'd execute a long order on NZDUSD when it retest the trendline at 0.6096 and my initial stop-loss is at 0.6076(-20). TP1 will be at the immediate resistance and that's when I'll shift stops to entry.Longby RaynLimUpdated 223
Hawkish RBNZ meeting buoys NZDUSDThe Reserve Bank of New Zealand (RBNZ) has warned about high domestic inflation despite having one of the highest interest rates among major central banks. The committee discussed raising rates but acknowledged that the economy can't handle it. As a result, markets have postponed expectations of a rate cut to November. The NZD/USD has been steadily rising since April, even after breaking above the longer-term trendline resistance. While the Kiwi dollar is approaching overbought conditions, there is still potential for short-term gains. The next major resistance level is at 0.6200, but first, a test of yesterday's high at 0.6152 is needed. If there is a pullback, prices could settle around the 0.6050 level, which aligns with the 200 SMA.by Xayah_trading3
New NZD Weakens as Inflation Expectations Hit Two-Year LowNew Zealand Dollar Weakens as Inflation Expectations Hit Two-Year Low In early European trading on Monday, the New Zealand dollar declined against the US dollar and lagged behind most other major currencies after reports indicated that business inflation expectations for the current quarter had dropped to their lowest level in two years. Technically : The price has a bullish trend as long as trades above 0.6006 toward the first station of 0.6050 and then should break that to continue the bullish trend till 0.6075, otherwise reversing to stabilize under the pivot zone which is between 0.6006 and 0.5994 will get 0.5980 and 0.5943 Pivot line: 0.6006 Resistance line: 0.6050, 0.6075, 0.6106 Support line: 0.5980, 0.5944, 0.5882 Movement range will be between 0.5994 and 0.6050Longby SroshMayiUpdated 6
Kiwi Upside Bias Strengthened after Hawkish RBNZThe Reserve Bank of New Zealand delivered a hawkish hold on Wednesday, as it raised the OCR forecast to 5.7%, leaving room for further tightening. Policymakers believe that longer restriction may be needed to achieve the 1-3% inflation target and also upgraded their forecast, expecting CPI to fall less and slower than previously thought. The US Fed meanwhile has adopted a cautious stance towards removing monetary restraint, due to stubborn inflation this year, strong economy and robust labor market. The central bank is still widely expected to lower rates this year though. Most commentary - including from Chair Powell - has dismissed prospects of rate hikes, pointing to the need that sustained restrictive stance to control inflation. The monetary policy differential favors the Kiwi, since RBNZ has kept more tightening in play, whereas its US counterpart has hinted to cuts. NZD/USD is on the driver’s seat with the ability to tackle 0.6219, although news 2024 highs, but further gains towards 0.6412 have higher degree of difficulty. On the other hand, the Fed’s apprehension provides support to the greenback and this can create pressure back toward the EMA200 (black line). Daily closes below it would pause the upside bias, but sustained weakness below it does not look easy – fundamentally and technically as the daily Ichimoku looms. 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 (trading as “FXCM” or “FXCM EU”), 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. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results. Longby FXCM1
NZDUSD after the correction is ready now to move to 0.62000 NZDUSD Price : 0.6103 Trend : UP Transaction : Buy Technical analysis reason : prices getting strong support from daily upward trend line and H1 support level. Technical analysis failure at level : 0.60660 Technical analysis success at level : ( Target : 0.6200 )by Algo0UAE1
SELL NZDUSD 50 PIPS TARGET 50 PIPSSell NZDUSD 50 pips in target the pair has down trend good luckShortby Fxjanas113
Missed the NZD trade? What's next? As expected, the Reserve Bank of New Zealand (RBNZ) kept interest rates unchanged yesterday but did provide some surprises to the market; extending the timeline for a potential rate cut, and even noted its consideration of a rate hike. This unexpectedly hawkish stance sent the NZDUSD higher. Before the announcement, markets saw an ~80% chance of a rate cut by November, but this probability has now dropped to ~50%. Despite this, bullish momentum seemed capped. After probing above 0.6117 several times (with diminishing conviction), buyers turned into sellers. Governor Orr's comments during the post-decision press conference were perceived as slightly less hawkish, which helped push the price back down. Additionally, over in the US, minutes from the two-day Federal Open Market Committee meeting ending May 1 showed that while participants felt the policy was “well positioned,” several officials expressed a willingness to tighten policy further if necessary. If the price declines, the next key target could be the 100-day moving average at 0.60712, which coincides with a 50% Fibonacci retracement level. However, support is potentially located at .6083 before this, with resistance kicking in at the session high above .6150.by BlackBull_Markets3
NZDUSD BEAR PUTSOrders Placed, no pending, all executed in time before the market made an impulsive move to the down side. Aim for a 50% retest zone, then call for buys on corrections, and sell again on impulsive move targeting PSTG 1 & 2Shortby Themba_PM2
NZDUSD - In Uptrend with AB = CD Harmonic PATTERNNZDUSD chart in 4h time frame is in uptrend and there is a Bearish divergence observed. But there is no any clear reversal pattern Hence I'm using AB = CD Harmonic Pattern to cross check Potential Reversal Zone which is confirmed by "D" point. So there is high chance of reversal. Therefore I'm taking short entry with Sell Stop Order on the breakdown of last Lower Low Level with stoploss above at last Higher High level.Shortby qasimtahir3
NZDUSD - Wait for Breakout"NZDUSD currently exhibits a bullish trend, although bearish divergence and a potential bearish double top formation suggest caution. The presence of a bullish flag pattern amidst sideways price movement indicates uncertainty. With price currently consolidating, a breakout above 0.61406 would favor bulls, while a break below 0.60956 would favor bears. Await confirmation of breakout for potential buy/sell opportunities." This version maintains the key points of the analysis while condensing the information for easier consumption. It highlights the main trends, patterns, and critical price levels to watch, along with the recommended approach of waiting for confirmation before taking action.by AnalytixEdgeByQasimUpdated 2
NZDUSD - SELL Feb 28th - Went Down April 10th - Went Down Int Rate stayed the same Outcome As Expected NZD Pairs are Selling against Dollar wise Sentiment of Traders Selling also Shortby NZ_SharemanUpdated 1
NZDUSD to find buyers at market price?NZDUSD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 0.6125 will confirm the bullish momentum. The measured move target is 0.6175. We look to Buy at 0.6100 (stop at 0.6075) Our profit targets will be 0.6160 and 0.6175 Resistance: 0.61250 / 0.6150 / 0.6175 Support: 0.6100 / 0.6075 / 0.6050 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.Longby OANDA3
NZDUSD : BULLISH BREAKOUT - The market has been trading inside a bearish channel since end of December 2023 ; the mid-term trend was then bearish. - Since the impact over 0.5850, bull traders have been progressively piling up long positions, leading the market to a new high, breakin-out its mid-term bearish channel. Both moving averages remain bullish, while the MACD is also evolving in its buying zone, with no bearish divergence on sight so far. The Stochastic indicator is in overbought zone as well. - With the bearish trend now officially invalidated, a new upward potential unlocks for the pair. Even if a short-term pull-back towards 0.6070/0.6033 remains possible, the bullish momentum should prevail on the mid-term outlook, especially as investors await a new monetary easing cycle in the US. New targets can be found around 0.6174, 0.6260 and 0.6370 by extension. Pierre Veyret, Technical Analyst at ActivTrades The information provided does not constitute investment research. The material has no been prepared in accordance with the legal requirements designed to promote the independence of investment research and such is to be considered to be a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.Longby ActivTrades4
NZD/USD steady ahead of RBNZ rate announcementThe New Zealand dollar is almost unchanged on Tuesday. NZD/USD is down 0.06%, trading at 0.6102 in the European session at the time of writing. The Reserve Bank of New Zealand has shown it can be patient, having held the cash rate at 4.35% for six straight times. The central bank is expected to maintain rates yet again at Wednesday’s meeting as inflation has remained stubbornly high. Inflation has been moving lower and fell to 4% in the first quarter, down from 4.7% in the fourth quarter of 2023. However, this remains double the midpoint of the 1-3% target range and is too high for the RBNZ to start trimming rates in the near-term. At the same time, economic data for the first quarter was soft which should result in disinflation. The unemployment rate rose to 4.3% in the first quarter, private wage growth decelerated and GDP contracted by 0.1% q/q. The RBNZ had its mandate limited to inflation in December; previously, the central bank was mandated to maintain low inflation and full employment. Still, the strength of the labor market and wage growth will be eyed by the central bank as it determines its rate policy. The Federal Reserve continues to sound hawkish about rate policy and remains cautious about rate cuts. On Monday, Fed Vice Chair Philip Jefferson said that it was too early to tell if the downtrend in inflation would be “long lasting”. Fed Vice Chair of Supervision Michael Barr said that first-quarter inflation data was disappointing and was not supportive of easing monetary policy. For a second straight day, there are no US economic releases and we’ll hear from a host of FOMC members, which could provide insights about the Fed’s rate policy plans. NZD/USD is tested support at 0.6089 earlier . Below, there is support at 0.6039 0.6185 and 0.6235 are the next resistance linesby OANDA1
Continuation for Kiwi Ahead Of RBNZ?Kiwi showed a robust continuation candle last week on the daily chart. The price recovered above the 0.6085 resistance level and finished the week above the 0.61 area, suggesting a potential continuation pattern unfolding in the middle of an impulsive recovery. This week, the Bank of New Zealand's interest rate decision is anticipated, and they are not expected to implement any cuts this year. Their relatively "not dovish" stance might keep the pair in recovery mode, especially considering the recent downside movement in US yields that was bullish for USD, and the positive performance of stocks. Higher stock prices and risk-on flows could be supportive for Kiwi. A closer look at the Elliott wave structure indicates the possibility of at least one more push higher, potentially reaching up to the 0.6200 area for wave C/3. Longby ew-forecast2
Potential bullish bounce off 38.2% Fibonacci support?NZD/USD is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 0.5074 1st Support: 0.6038 1st Resistance: 0.6138 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. Longby ICmarkets7
NZD-----USD--------BearishTrend is Making Before Higher high and Higher low Now Trend came to Reistance Level and Make Double Top with Divergence More Chances of Revert back of NzdUsd there Is Formation of Abcd Pattern top score =bearish Trend Bull =1 Divergence Bear=1 Reversal Bear =1 Hormomic Bear=1Shortby ali110022