NZDUSD is BullishNZDUSD has made a bullish RSI divergence on 15 min time frame. Since the macro-trend is also bullish, hence an upward move is expected from here. Entry will be taken at the break of previous lower high. Targets are mentioned on the chart. Longby Fahad-Rafique0
NZDUSD - longLooks like it wants to go up, SMT divergence with dollar in daily FVG, but lack USD news has kept it in a consolidation. Longby rpTrading110Updated 0
NUhello traders how are you today? as you can see price has been in a correction wave as sideways and now i think its good chance to take short position and follow bearish trend. be safe enjoy Shortby wolffxtraderUpdated 7
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
NZDUSD Will Keep Growing!NZD-USD finally broke the Long-term falling resistance Line and the breakout is Confirmed so we are Bullish biased and I think The the pair will go higher Mid-term !Longby kacim_elloitt1
To 0.61585Nzdusd has found some support on the 30 min tf at the moment. A break if this resistance is expected before pulling back againLongby regkey4130
NZDUSD h1HI traders this is my trade plan for NZDUSD H1 this is not any investment advice GOOD luck and take careShortby Amnafx10
NZDUSD (Elliott Wave)Hello friends In the NZDUSD currency pair, we see the formation of a 3- or 5-wave Elliott pattern. Considering that wave 3 or C is more than 1.618 times wave 1 or A and its sub-waves are not yet completed, we expect the price to grow to the range of 2.618 times wave 1 or A. This price increase has been done with a break and pullback to the resistance level of 0.6100. Therefore, we expect the price to grow to the range of 0.6220, which is a static resistance. To support me, I recommend that you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.Longby M_Gheysvandi114
NZDUSD formed AB = CD patternNZDUSD formad a AB = CD pattern with divergence. Double top can also be seen at PRZ zone.Shortby arslanjaved2122
#NZDUSD Sell Idea#NZDUSD Sell Idea ...........................................................................Shortby fxbreakout3
NZDUSDThe NZD/USD pair has shifted to an uptrend following a breakout from a descending channel pattern. This bullish breakout indicates a potential reversal of the previous downtrend, suggesting increased buying pressure. Traders might see this as an opportunity for long positions, anticipating further upward movement in the currency pair.Longby forex_info0
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
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
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
NZDUSD: Bulls Will Push Higher Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NZDUSD pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️Longby UnitedSignals113
NZDUSD: Intraday Bearish Movement 🇳🇿🇺🇸 NZDUSD nicely respected a resistance line of a narrow horizontal intraday range. I think that the pair may drop to the support of the range today. Goal - 0.61 ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader119
NZDUSD: start of bearish trend on 1hr Time frameNZDUSD is in bullish trend on 1 hr and 4 hr timeframe. At recent HH, Divergence on RSI and double top formation appeared. The instrument is in range zone. it is expected that bear will get strength and move price downside on shorter time frameShortby ALIHAMID3
NZDUSD BuyBuying NZDUSD after that stoploss hunt. We're looking bullish for AUD pairs right now.Longby tallbroketraderUpdated 1
NZD/USD BEARS WILL DOMINATE THE MARKET|SHORT Hello,Friends! NZD/USD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 6H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.604 area. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 114
NZDUSD - Bearish ReversalThe pair is in uptrend till now, but has shown weakness in the trend after breaking the trend line. The pair made a new high along with the bearish divergence in RSI. Further reversal confluence is the formation of double top. Once the last HL breaks, entry of short can be taken.Shortby kiki_crypto2
NZDUSDWe looking for the market to create a correction before going for long term buying opportunities to the upsideLongby officialpotego_fx2
Kiwi riding bullsbroken flag + demand zone bounce from earlier = Hitting next supply Dont bother to take the trade, we are already very late on this one! we will see if it comes to retest the flag area then we might enter otherwise it is very poor RRLongby Syed-Usman-Ali0