#NZDUSDDear Friends See the NZDUSD Weekly Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders & also Follow my Trading View Channel & get Instant Notification of Every New Analysis
NZDUSD trade ideas
NZD USD down side movement possibleNZD USD down side movement possible
Selling below the 0.59824
Stoploss 0.60023
Target0.58067
NZDUSD take a short position nowIn optimal trading concept I found the strategy on NZDUSD take a short position get your profit
sell nzd/usdhere measure trend is downside and during downfall it recently make a pattern that shows upside consolidation then fall then riseup quickly trap the retailers and then finally continues it's measure trend
so here is a plan
sell nzd/usdnzd/usd tells us the right story about itself
it first make one lower high to give the sign of continuation but it actually consolidates
then try to give upside breakout but it fails and measure trend i.e. down trend continues
short nzd/usdnzd/usd has history of continuation patterns after retracement of 38.2% level
so here is the plan
NZDUSDLong buy possible
Buy side pressure happened
This is pre analysis let’s see how market will react
NZDUSDWe saw NZDUSD Long Because, NZDUSD 1H time Frame Make Double Bottom or Descending Trend Line Breakout.
buy NZD/USDdxy index doesn't gives any direction so it is a range bound market
at the same time nzd/usd is in range so here is the plan
NZD/USD continues to maintain the downtrendGreetings everyone!
The ascending trend in the 4-hour timeframe was disrupted by a significant breakthrough at 0.593. Consequently, the NZD/USD currency pair remains under selling pressure below the 0.5900 level, having failed to sustain above 0.6000 during early Asian trading on Tuesday. At present, this particular currency pair is being traded around 0.589, reflecting a decline of 0.9% for the day.
The increase in value of the US dollar (USD) and higher interest rates offered by the US Treasury have exerted considerable stress on NZDUSD exchange rate.
NZD/USD lacks a solid orientation of the day, still under 0.6000The NZD/USD pair lacked any strong direction on Monday and experienced mild fluctuations in the first half of the European trading session. The spot price is currently trading below the psychological level of 0.6000, although it remains within an impressive range, reaching a two-month high on Friday.
The increase in US Treasury bond yields, supported by prospects of further tightening policies from the Federal Reserve, serves as a favorable catalyst for the Greenback and limits the upward movement of the NZD/USD pair.
NZD/USD is still at a defensive level below 0,5950During the first trading hours in Asia on Thursday, the NZD/USD pair is still struggling to stay below 0.5900. The US dollar (USD) has gained strength, and the higher interest rates of treasury bonds are providing some support for NZD/USD. Currently, this currency pair is trading at around 0.5928, showing a slight increase of 0.09% for the day.
Conversely, optimistic data from the United States has had a significant impact on strengthening the greenback and acting as a resistance for the NZD/USD pair.
Market participants will closely monitor Federal Reserve Chairman Jerome Powell's speech this week. Officials' less hawkish tone may limit USD's price increase compared to its competitors.
NZDUSD ANALYSISTrade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 2.2
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
NZD/USD expands to decrease below 0,5950Hello dear traders! Let's explore the market with SamSon!
The NZD/USD pair has been trading in negative territory for two consecutive days during the Asian trading session on Wednesday. The appreciation of this currency pair is supported by a stronger US dollar (USD) and risk aversion sentiment. Currently, this currency pair is trading near 0.5932, down 0.20% for the day.
On the other hand, Hawkish stance from the Federal Reserve (Fed) has boosted USD against the New Zealand dollar (NZD) and acted as a resistance level for the NZD/USD pair.
In my opinion, there is a possibility of a slight downward correction in the near future, with exchange rate breaking below the trend line and declining to support level at 0.588.
NZD/USD Possible Moves In Upcoming days ndd/usd is now trading in rising wedge channel pattern ,their is possible to fall from previous supply zone ...0.5988 to 0.6000 zone if we get any good Selling conformation on that level can go for selling it can fall up to 0.58000.
The next plan of NZDUSD is reducedToday, NZDUSD is currently trading around the price of 0.595 after facing a significant selling pressure close to the psychological resistance of 0.6000. It has formed a two vertex model on the 4 -hour chart.
From Samson's personal point of view, it is likely that a short -term decrease adjustment in the short term, with the exchange rate under the trend line and reduced to the support level of 0.588.
NZD/USD maintains above 0.5950 compared to the US dollarHello dear traders! Today NZDUSD continues to shine when it maintains its stable increase at $ 0.595. And still in the trend of increasing, constantly receiving support. In particular, New Zealand economic data seems to have better recovery than expected.
The US dollar index (DXY), measuring the value of the greener compared to other main currencies, is having difficulty taking momentum. Spot price fluctuates around 105.50 at the time of writing. Therefore, it has contributed to further support of NZD/USD.
NZD/USD increased by Fed's policyHello dear traders! Today, NZD/USD has fluctuated in the third consecutive day in the uptrend, trading above 0,5940 in the Asian session on Wednesday.
However, the couple faces pressure from the decision of the US Federal Reserve.
The US dollar index (DXY) increased sharply in the US trading session on Tuesday when the market psychology worsens and the interest rate of the US Treasury bond increases, thus putting pressure on this money briefcase.
NZD/USD continues to increase the trendHello traders. What do you think about NZD/USD? Today we have witnessed the next rise of this pair of money reaching 0.595 transaction and still maintained in the main trend of increasing.
The next goal of this money pair 0.5898. We need to consider if this pair of money exceeds the above level, we can attract a number of buyers higher than 0.600 to reach a higher peak.
NZDUSD here two way to move now here you can see SELL IDEA there is 2 possible way to move down so wait for rejection on 15m then enter only
NZD/USD trades higher than despite weak economic data from New ZNZD/USD starts a new week with a positive sign, higher transactions around 0.5910 in the Asian session on Monday. This pair of money is receiving support for increasing interest rate decision of the US Federal Reserve (Fed) expected on Wednesday.
Looking at the technical picture of NZ we can see that this pair of money is in an uptrend. So we should set higher goals. It is likely that it will reach 0.594 USD.
Good luck.
