NZDUSD in coming weeks (Potential Upside)NZDUSD is in bullish movement in its 4H timeframe.
In upcoming weeks movement, we are monitoring NZDUSD for a buying opportunity around 0.622 zone given that the chart showed it is a bullish movement (HP- HT- HP-HT). if the rejection is confirmed, I would set 0.635 as the final target price and stop loss in 0.6178.
Happy Profit!
Nzdusdlong
NZDUSD BUYWelcome . According to my analysis of the pair nzdusd. There is a high probability to the upside, as the horizontal area was broken by a very positive green candle .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
NZDUSD BUYWelcome . The New Zealand dollar pair is in a positive situation. There is a high possibility for the pair to rise. After breaking the flag. It has come out of the transverse rectangle. The pair is trying to retest the channel to resume the bullish trend . Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
20 Reasons For Buy 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
4:🕛Daily: Invert head & shoulder taking support at weekly
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bullish
6: 2 Pattern Candle Chart: Inverse Head & Shoulder
7: 3 Volume: Massive Volumes on Buy Candles good for bulls
8: 4 Momentum UNCONVENTIONAL Rsi: sideways to bullish zone
9: 5 Volatility measure Bollinger bands: It starts squeezing. Now let's see Which side breakdown occurs, but then a high chance it can be the bull side
10: 6 Strength ADX: bullish DMI in strengths kiss and cross but overall sideways
11: 7 Sentiment ROC: this week, NZD is most vigorous in the central basket, and USD is the weakest
✔️ Entry Time Frame: H4
12: Entry TF Structure: bullish
13: entry move: wait for fill the Recent FVG overall market is in a proper uptrend in h4 tf
14: Support resistance base: protected lows back to back
15: FIB: waiting
☑️ final comments: wait until the price touches the recent support area when reached here; you need to wait for a trendline breakout and buy
16: 💡decision: Buy
17: 🚀Entry: 0.6234 estimated
18: ✋Stop losel: 0.6199
19: 🎯Take profit: 0.6363
20: 😊Risk to reward Ratio: 1:3.5
🕛 Excepted Duration: 3 days
Buying NZDUSD in a positive channel.NZDUSD - 24h expiry - We look to Buy at 0.6195 (stop at 0.6155)
Previous support located at 0.6200.
Previous resistance located at 0.6250.
The trend of higher lows is located at 0.6190.
Further upside is expected.
The hourly chart technicals suggests further downside before the uptrend returns.
Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 0.6295 and 0.6315
Resistance: 0.6250 / 0.6300 / 0.6350
Support: 0.6200 / 0.6150 / 0.6125
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NZD/USD Rebounds on Positive Banking News and Fed UpdatesThe NZD/USD pair has shown signs of recovery after hitting a low of 0.6181, which was the result of the ongoing banking crisis causing nervousness in the market. The New Zealand dollar has struggled recently due to the impact of bank stress on risk appetites. However, positive news surrounding the Silicon Valley Bank (SVB) deal and the Federal Deposit Insurance Corporation's (FDIC) confirmation that First Citizens bank would take over all deposits and loans of Silicon Valley Bridge Bank from the FDIC has provided some much-needed support for the risk-sensitive currency.
According to Bloomberg, US regulators are considering expanding an emergency lending facility for banks, which would give First Republic Bank (FRC) more time to strengthen its balance sheet. Meanwhile, Federal Reserve (Fed) voter Kashkari has taken a dovish stance and stressed the uncertainty of the banking crisis's impact on the economy, with the Fed closely monitoring the situation. This contrasts with the hawkish views of non-voting colleagues Barkin and Bullard, who are focused on addressing inflation over financial stability.
In recent testimony, Fed Vice-Chair of Supervision Barr reassured investors that the banking system remains robust, with the Fed committed to ensuring deposit safety. He also discussed planned regulations to enhance the financial system's resiliency, including long-term debt requirements for large banks, improved stress testing, and exploration of liquidity rules and other reforms.
As we look ahead, the market's focus is now on the upcoming US Personal Consumption Expenditure (PCE) data release, which will likely shape US Dollar dynamics. This data is set to be released later this week and will undoubtedly have an impact on the currency markets.
NZDUSD H4: Bullish outlook seen, further upside above 0.6200Prices are hovering above a key support zone at 0.6200 on the H4 timeframe. A throwback to this support zone, which coincides with the 23.6% Fibonacci retracement, could provide the bullish acceleration to the resistance zone at 0.6280, in line with the 78.6% Fibonacci extension. Price is holding above the 20 EMA and Ichimoku cloud, supporting our bullish bias.
NZDUSD has been mixed and volatile.NZDUSD - 24h expiry - We look to Buy at 0.6150 (stop at 0.6075)
Previous support located at 0.6150.
Previous resistance located at 0.6250.
Indecisive price action has resulted in sideways congestion on the intraday chart.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.6200 will confirm the bullish momentum.
Our profit targets will be 0.6300 and 0.6350
Resistance: 0.6250 / 0.6300 / 0.6350
Support: 0.6150 / 0.6100 / 0.6075
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NZDUSD long – solid +4.5R setup – the week of 20 Mar 2023My chart says it all, this one does not need much explanation. The H&S can also be seen on the daily chart.
Ideally, I would like to see a small retracement to the neckline, but will be happy to take the trade even at current price.
My initial target will be the distance between the head and neck line but this could easily extended to the next resistance zone.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content.
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NZDUSD - Bearish price action here ✅Hello traders!
‼️ This is my perspective on NZDUSD.
Technical analysis: As we can see price took buy stop liquidity and rejected from bearish order block + institutional big figure 0.63000 and sterted bearish price action which means I will look for shorts. I expect price could make a retracement to fill the imbalance higher and if price rejects from there I will open a short position.
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Buying NZDUSD on dips.NZDUSD - 18h expiry - We look to Buy at 0.6145 (stop at 0.6083)
Previous support located at 0.6200.
Previous resistance located at 0.6250.
The trend of higher lows is located at 0.6100. Further upside is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.6250 will confirm the bullish momentum.
Our profit targets will be 0.6295 and 0.6325
Resistance: 0.6250 / 0.6300 / 0.6350
Support: 0.6200 / 0.6150 / 0.6100
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NZDUSD | UPSIDE LOOKS PROMISINGNZDUSD is currently standing on horizontal resistance zone of 0.62750 where bulls are trying 4th attempt to breakout from the start of March.
The all previous attempt in March were made when EMA200 was above the price hence bulls were never strong. This time EMA is acting as support in favour of bulls to surpass this resistance.
We can witness upside in Kiwidollar to 63800 level. More than 100 pips from current level. Any dip as long as it is above the EMA is buying opportunity.
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NZDUSD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on NZDUSD .
Here I expect price to go a little bit higher and then to reject from bearish order block + institutional big figure 0.63000. As well we could see a normal divergence formed which indicates bearish price action.
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