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NZD (New Zealand Dollar)

GBPNZDI will be looking for buys on GN this week. Technical reasons: Price has flipped the 4H bearish structure and created a strong impulsive move to the upside. Since then, momentum into the demand zone has been weak, which is exactly what I want to see in a healthy pullback. There’s also liquidity resting above 4H high, which makes a great first target for the next leg up. This is a high-probability setup, as it aligns with trend continuation. Also price made accumulation and the demand zone just aligns with 70% pullback. Let’s see how the market plays out.
Long
by Tilen_FX
GBP/USD Rising Wedge Breakdown PotentialThe GBP/USD 30-minute chart shows price moving within an ascending trendline but recently stalling near resistance around 1.3550–1.3560. The Ichimoku cloud suggests weakening bullish momentum, with price struggling to sustain above the support line. Bearish Setup: A breakdown below the ascending trendline and cloud support around 1.3500 could trigger stronger downside pressure. Targets: If selling momentum continues, price may test the 1.3420 and 1.3395 support levels. Stop Loss: A safe invalidation zone lies above 1.3550–1.3560, where further upside would invalidate the bearish scenario. 🔎 Overall, GBP/USD looks vulnerable to a short-term pullback unless it reclaims strong bullish momentum above 1.3550.
Short
by KingProTrader
Breakout ReTest Strategy✅ Key Observations Support Zone (Highlighted in Orange) Price previously bounced multiple times at this zone. Eventually, there was a breakout below the zone, but the price quickly reclaimed it (fakeout or liquidity grab). Breakout & Retest After reclaiming the zone, the price came back and retested it. Entry seems to have been taken on this retest. Entry, SL, TP Entry: Near the retest of the highlighted zone (around 2.27030). SL: Below the fakeout low (~2.26740). TP: Around 2.28200 (2:1 RR). Result The trade hit TP with strong bullish momentum.
Long
by BalaFx1998
NZDJPY - FALSE BREAKOUT IN PLAYSymbol - NZDJPY CMP - 87.21 NZDJPY is encountering resistance within the context of a broader downtrend. The pair appears unprepared to sustain upward momentum and is currently exhibiting signs of a potential local reversal. Within the framework of the prevailing global downtrend, the currency pair is undergoing a corrective countertrend movement and is currently testing the resistance level at 87.40, The liquidity concentration situated above this threshold has not yet permitted a continuation of the upward move. In the absence of sufficient bullish momentum, the price has reverted back into the established range, forming a false breakout above resistance. Given that the pair remains within the range and has returned below the resistance boundary, sustained bearish pressure at the 87.40 level (the upper limit of the trading range) could initiate a renewed decline, thus resuming the overarching downtrend. Key Resistance Level: 87.40 Key Support Levels: 86.50, 85.26 A confirmed consolidation of the price below the 87.40 resistance level would reinforce the view that bullish continuation is not imminent. Additionally, the weakening US Dollar Index is contributing to strength in the Japanese Yen, which may exert further downward pressure on the NZDJPY pair.
Short
by akshit_official
NZDCAD - CAUGHT IN THE MIDDLE, INTRA-RANGE TRADINGSymbol - NZDCAD NZDCAD continues to exhibit strength within a broadly neutral trading range, supported in part by a corrective pullback in the US dollar. However, the sustainability of this momentum remains uncertain as market participants await key upcoming events, including the FOMC meeting and a speech by Federal Reserve Chair Jerome Powell. The primary focus remains on the current consolidation zone, where the pair is exhibiting a localized upward bias. Notably, liquidity accumulation near the 0.8315 level appears to be exerting a magnetic effect on price action. The recent correction in the US dollar has provided short-term support to the New Zealand dollar, contributing to the pair's recent gains. Nevertheless, upcoming fundamental developments pose significant event risk. Market expectations suggest a potentially hawkish tone from the Federal Reserve, which could prompt a reversal in the prevailing trend. Given the current neutral range, there is an elevated risk of a false breakout, followed by a corrective move. Key Resistance Levels: 0.8315 Key Support Levels: 0.8264, 0.8235, 0.8225 The 0.8315 liquidity zone may act as a temporary barrier or potential reversal point. Future price direction will likely hinge on the tone and content of forthcoming US economic data and Fed communications. Should the Federal Reserve adopt a more aggressive policy stance or signal intent to do so, the US dollar could regain strength, potentially weakening the NZD in the process.
Short
by akshit_official
2
NZDJPY - BULLS BACK IN THE GAME?Symbol - NZDJPY CMP - 83.70 The NZDJPY currency pair is currently exhibiting a false breakout below the established range support, which, in the context of an emerging reversal pattern, suggests a potential breakdown of the prevailing bearish structure. From a fundamental perspective, recent market conditions have been highly volatile, primarily driven by unpredictable political rhetoric-particularly surrounding ongoing trade tensions. However, from a technical standpoint, the pair appears to be re-entering its prior trading range amid signs of market stabilization. The false breakdown of the support zone reinforces the probability of a short-term bullish reversal. The breach of the bearish trend structure, combined with the emergence of a reversal formation and re-entry into the range, increases the likelihood of upward price movement. Should bullish momentum sustain price action above the 83.70-84.20 support zone, further appreciation toward the 85.15–87.40 resistance range is plausible. Key Resistance Levels: 84.196, 86.150 Key Support Levels: 83.790, 83.310, 82.210 Sustained consolidation above the key support area may provide the bulls with an opportunity to drive the price higher toward a local zone of interest. While the broader trend remains neutral, the short-term outlook has shifted to a bullish bias.
Long
by akshit_official
GBPNZD - WATCH THE MEGAPHONE FOR A POTENTIAL DROPSymbol - GBPNZD CMP - 2.2790 GBPNZD is currently forming a megaphone pattern and is trading near its upper boundary which is a resistance area. This pattern, characterized by increasing volatility and wider price swings, suggests potential reversal points in the market. A false break of resistance may occur before a potential price drop from the trendline resistance area. On the daily chart, the overall structure appears ready for a bearish reversal, with market dynamics influenced by broader global factors, including the recent rebound in the US dollar. After a false breakout of the resistance, a correction is likely to take place. The price may test the imbalance zone or revisit the previously broken resistance before continuing its decline, following the capture of liquidity. The broader trend remains neutral for now, so it's crucial to focus on key local support levels as potential targets. Resistance levels: 2.2815, 2.2850 Support levels: 2.2600, 2.2435 A retest of the upper range of the megaphone pattern or the area between 2.2815 and 2.2850 is possible. However, any movement of the price below the trendline resistance, accompanied by consolidation in the selling zone, could trigger further downside movement.
Short
by akshit_official
NZDJPY BUYS?As you can see, NJ retraced deeply into the OTS (Optimal Trading Segment) on the daily timeframe. The red line, where the price is currently sitting, can be seen as a daily demand zone. Looking at the 4H price action, you can observe strong bearish pressure, which is why I need confirmations on a smaller timeframe. What I like is how the price has stopped at this level and is now consolidating, forming new structure points on lower timeframes. The 15-minute structure looks clean to me and Flip happened so I will be looking for buys there. Blessings, T
Long
by Tilen_FX
NZDCHFAs you can see, the price is trading in a swing buy level if you look to the left. The current 4H structure shows that the price has finally made a strong move to the upside after a long consolidation. This indicates that order flow is clear, and there are more buyers present in the market. I have marked the 4H buy zone and am expecting the price to give me an opportunity to buy from there. There are several targets, but overall, it looks like a textbook setup. Let’s wait and see. Blessings, T.
Long
by Tilen_FX
NZDJPY - ATTEMPTING TO REVERSE TRENDSymbol - NZDJPY CMP - 85.40 NZDJPY currency pair is attempting to reverse its downtrend by breaking through the channel resistance. With the recent strengthening of the U.S. dollar, the pair has strong potential to advance. From a technical perspective, buyers are gaining momentum and providing market support, as evidenced by the rising local lows, which are progressively leading towards the breakout of the channel resistance. The key level to watch in this scenario is the resistance at 85.24, which is broken & serves as a crucial threshold, separating the market into two distinct zones. Should the bulls manage to secure a close above 85.24, a short-term rally towards 86.13, and potentially 86.90, may unfold. Key support levels: 84.50, 84.00 Key resistance levels: 85.24, 86.13, 86.90 Initial testing of the resistance at 85.24 could result in a brief pullback due to liquidity above this level. This pullback may be directed towards the previously broken channel resistance. However, the primary focus remains on a sustained price consolidation above 85.24, as this would confirm that the bulls are maintaining control of the market and are poised for further upward movement.
Long
by akshit_official
2
GBPNZD - Channel Boundaries in Play! What’s Next?The weekly chart of GBPNZD shows price action respecting an ascending channel structure. The pair has been moving within a well-defined ascending channel since early 2023. GBPNZD weekly chart highlights price action within an ascending channel structure with key levels in play. Watch for bullish opportunities near the support zone at 2.1400–2.1800 or bearish continuation if price breaks below this zone. What’s your bias? Let me know in the comments! #GBPNZD #Forex #TechnicalAnalysis Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Forex trading involves significant risk of loss and may not be suitable for all investors.
Short
by PhD_Swingtrader
Risk for AUD/NZD: What's Priced in? Standard Chartered economists see upside risk for AUD/NZD at current levels, especially if the RBA delivers a hawkish hold at its February meeting. They note that the RBA-RBNZ rate differential, currently at 50bps, could widen further, supporting AUD/NZD above 1.11. A decision to keep rates unchanged could surprise markets, pushing AUD/USD even higher. If the RBA signals fewer or smaller cuts ahead—a "hawkish cut"—AUD/NZD could move beyond 1.122. Meanwhile, RSI suggests buyers are gaining momentum, with room to climb before reaching overbought levels.
by BlackBull Markets