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Nzdusdanalysis

NZDUSD - Short from bearish order block ✅Hello traders! ‼️ This is my perspective on NZDUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective after the price changed the character, so I am looking for shorts from premium zone. If price fills the imbalances higher and reject from bearish order block I will consider to open a short position. Fundamental analysis: Next week will be full of important news on USD, firstly on Wednesday will be released Federal Funds Rate which is expected to increase, as well FOMC Meeting. Also, on Friday we have NFP and Unemployment Rate in USA and on Wednesday will be released Unemployment Rate on NZD. Pay attention to these news, as they are important for the upcoming month and USD bias. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
Emerging bullish order flowThe market has been consolidating and creating more corrective move compared to impulsive moves which led us to a demand zone that was in alignment with three bullish drives. The combination hiked price up to the initial internal liquidity level after breaking the structure. On lower timeframes we spot a nice contraction which provides a distribution phase, a drop is expected from here, should price break below the fair value gap, then we look for bullish entries on the breaker block and we target 0.62261 because this looks like a bullish order flow under construction…
by tokelohomi
Imbalance correctionPrice abruptly shot to the upside and mitigated the internal supply zone after the accumulation phase, then made a pullback to the zone. The pullback formed this contraction to load a volatile bullish move to reach the breaker block above. Price respected the zone in a distribution manner which reduced price all the way down to the 50% Fibonacci retracement within the order block. With this area being mitigated, the market is more likely to correct the imbalance by filling the fair value gap and persistently going bullish to the order block. If we don’t catch this current move, then we wait for the anticipated pullback to level 0.62127 with the 0.062868 target…
by tokelohomi
NZDUSD potential upside from its trendline support areaNZDUSD is potentially creating rejection and reverse to continue its bullish movement. Therefore, I am not suggesting you try doing counter trading by opening selling/short position. At the moment, NZDUSD is weaving in its support with rejection happen due to the Nonfarm Payrolls news. The overall market has been muted due to easter holidays this week and we should see the market back to normal next week. I am seeing that we are able to take long position because NZDUSD has rejection in its support of the trendline and having bullish movement in 1H and 4H timeframe. I will set the stop loss at 0.62 and potential upside at 0.638. Good luck! Happy profit!
Long
by MekarTrading
2
Recession Probability Dumped NZDIn the 4-hour and daily timeframe, FRVP shows the $0.6230 level as a critical support. At the same time, we see that it has been in the ascending channel since the beginning of March and is currently breaking the lower support of the channel. The fact that the sub-support of the channel and the FRVP support are in the same region increases the risk level of this region. The prospect of New Zealand's possible recession has pushed the NZD below this risk level. In such a scenario, it is possible to see $0.60 levels.
Short
by YavuzAkbay
20 Reason For sell NZDUSD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: after forming a church in 2007, the price is currently in sideways to upside phase yet grab all bearish liquidity and now ready for a bull move in my point of view based on the 12-month chart 2:📆Monthly: clear downtrend here, but the last low is not all its lower high, so the downtrend is halted here in this tf price is officially sideways 3:📅Weekly: price breach recent OB also breach recent pullback, so probability it may go up to premium area or extreme OB so we can open only buy positions in this pair in coming weeks 😇 7-Dimension Analysis 🟢 Analysis Time Frame: Daily 1 Price Structure: The price structure is showing a change in character and starting a new impulsive move. 2 Pattern Candle Chart: A bearish momentum candle known as the Boji classic pattern has appeared. 3 Volume: There is not much support from the volume. 4 Momentum (Unconventional RSI): The RSI has encountered resistance at the 60 level. 5 Volatility Measure (Bollinger Bands): The Bollinger Bands have shown a head fake with a bearish momentum candle. 6 Strength (ADX): The bearish DMi has gained strength. 7 Sentiment (ROC): There has been a sharp change in the sentiment over the last week. ✔️ Entry Time Frame: H4 Entry Time Frame Structure: Bearish. Entry Move: Impulsive. Support/Resistance Base: Waiting for H4 trend line. FIB: Trigger trend line has also been breached. ☑️ Final Comments: Sell at the breakout. 💡 Decision: Sell. 🚀 Entry: 0.6223. ✋ Stop Loss: 0.6277. 🎯 Take Profit: 0.6102. 😊 Risk to Reward Ratio: 1:3. 🕛 Expected Duration: 3 day
Short
by Optimum369
Bullish channelIn this stunning bullish order flow, price abruptly shot drastically up, but eventually dropped within the order flow channel. The market failed to mitigate the order block and drove up to trigger the order block. The NFP on Friday tapped into the point of interest which is the demand zone in this case, however, the structure is still looking valid. The anticipation is still the same, looking for price to nicely drop to the demand zone and create an opportunity for buyers to take over…
by tokelohomi