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NZD/USD Holds Near Four-Month LowNZD/USD Holds Near Four-Month Low As today’s NZD/USD chart shows, the pair is trading near a four-month low following a sharp decline. The drop occurred yesterday after the Reserve Bank of New Zealand cut the official cash rate by 25 basis points to a three-year low of 3.0% and indicated that the rate could fall further to 2.55% by May 2026. According to Trading Economics: - Analysts now expect at least two additional rate cuts before the end of the year; - There is a risk of deeper cuts depending on incoming economic data. New Zealand’s exports are also under pressure, particularly due to the 15% US tariffs that came into effect earlier this month, threatening to undermine the country’s competitiveness in key markets. According to Reuters, Citi analysts expect GDP to contract in the second quarter, raising the risk of a recession in New Zealand. Technical Analysis of the NZD/USD 4-Hour Chart NZD/USD price action since early July has formed a downward channel (marked in red), reflecting a bearish outlook. Key observations: → Yesterday’s drop was sharp, with a very long candle closing near its lows – a bearish signal; → However, the lower boundary of the channel acted as strong support, holding back further pressure. Looking at the broader context: → The B→C recovery reached approximately the 0.618 Fibonacci retracement level after the A→B impulse; → The D→E rebound from the channel’s median was modest, signalling weak demand. Given the strength of the channel’s lower boundary and the oversold condition (as shown by the RSI), bulls have some grounds to expect a potential rebound. In that case, NZD/USD could face resistance from the QL line, which divides the descending channel into two quarters. Reaching the resistance zone formed by the channel median and the 0.589 level (previously acted as support during the inverse head and shoulders pattern - highlighted with arrows) could be difficult in the near term under current conditions. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
NZDUSD Forming Bearish ContinuationNZDUSD is carving out what appears to be a bearish continuation setup on the daily chart. The pair is forming lower highs and lower lows, guided by a clear corrective structure. As price breaks below the mini-leg retracement and edges lower, it suggests a potential slide toward the larger support zone around 0.5800–0.5820—an area that previously held as resistance and now flips to demand. On the fundamentals front, the spotlight is on an increasingly dovish Reserve Bank of New Zealand. Inflation has remained within the RBNZ’s target band, with annual CPI rising just to 2.7%—slightly below forecasts—while labor data shows the unemployment rate creeping up to 5.2%, and labor force participation dipping to multi-year lows. Markets are now pricing in an 88% probability of another rate cut in August, Further weighting the scales against the kiwi. Political and economic headwinds also cast a shadow over the NZD. The housing market is under pressure; prices are retracing sharply, rents are falling, and migration is declining. While the government is pushing fiscal stimulus via infrastructure spending, the momentum remains fragile—and it adds to bearish pressure on NZD. Technically, this setup offers a defined structure and clean risk-to-reward. A violation below the last swing low around 0.5930 opens the path to 0.5800–0.5820. If that level gives way, the next logical target lies closer to 0.5700. For now, traders should be watching for confluence near 0.5950 for potential entry, aiming lower with stops tight above recent swing highs.
Long
by AndrewsMarket-Mastery
1
Market Analysis: NZD/USD Much Higher—Uptrend Shows StrengthMarket Analysis: NZD/USD Much Higher—Uptrend Shows Strength NZD/USD is also rising and might aim for more gains above 0.5970. Important Takeaways for NZD/USD Analysis Today - NZD/USD is consolidating gains above the 0.5940 zone. - There is a short-term declining channel forming with resistance at 0.5960 on the hourly chart of NZD/USD. NZD/USD Technical Analysis On the hourly chart of NZD/USD on FXOpen, the pair started a steady increase from the 0.5880 zone. The New Zealand Dollar broke the 0.5925 resistance to start the recent increase against the US Dollar. The pair settled above 0.5940 and the 50-hour simple moving average. It tested the 0.5970 zone and is currently consolidating gains. There was a move below the 23.6% Fib retracement level of the upward move from the 0.5881 swing low to the 0.5971 high. The NZD/USD chart suggests that the RSI is stable above 50. On the upside, the pair might struggle near 0.5960. There is also a short-term declining channel forming with resistance at 0.5960. The next major resistance is near the 0.5970 level. A clear move above the 0.5970 level might even push the pair toward the 0.6000 level. Any more gains might clear the path for a move toward the 0.6020 resistance zone in the coming days. On the downside, immediate support is near the 0.5940 level. The first key support is near the 0.5925 level. It is close to the 50% Fib retracement level of the upward move from the 0.5881 swing low to the 0.5971 high. The next major support is near the 0.5900 level. If there is a downside break below it, the pair might slide toward 0.5880. Any more losses could lead NZD/USD to 0.5820. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
Ready to Rob the Kiwi? NZD/USD Bullish Breakout Plan🥝💚 NZD/USD Bullish Breakout Heist Plan 🟢💰 (Thief Trader Style) 🎭 Robbery Mission Activated – Code: Kiwi Uprising 💣📈 💥 Asset: NZD/USD 📍 Entry: 0.59400 (Breakout confirmed – the vault door’s open!) 🔐 Stop Loss: 0.58300 (Thief exit point – avoid the trap zone) 🎯 Target: 0.60500 (Cash-out point – grab the bags and vanish!) 🧠 Strategy: Layered Limit Orders a.k.a “Precision DCA Infiltration” 🧤 The Thief Trader is sneaking into the forex vaults once again — this time with eyes locked on Kiwi (NZD/USD). The bulls are loading up, and the breakout zone is showing green flags 🟢 — time to strike hard and clean 💰 🔥 Operation Details: We’re stacking multiple limit orders like a pro thief would place decoys – distraction + precision = execution! Entry at 0.59400 is our main gate breach. Orders set in layers to trap liquidity zones below. 🚨 Stop Loss @ 0.58300 – tight enough to avoid getting caught, but wide enough to dodge fake traps. 🏆 Target: 0.60500 – that’s where the loot vault is sitting. Clean exit once we’re loaded with profits! 👀 Swingers & Scalpers Alert! Only look LONG – no short robbing here! 🔁 Use trailing SL once in profit – protect your gold like a pro. 💡If cash is low – no panic, join the swing gang and glide in with patience & alerts. Smart robbers wait 🧠💼 📣 News Risk ⚠️ Avoid jumping during major news blast-offs. Lock profits with trailing SL. No panic entries — only sniper moves.🕵️‍♂️💥 ❤️ Smash That BOOST Button 💥💪 Support the squad! More boosts = more heist plans, more clean money from the market streets 🚀📈 🎭 Stay sharp, rob smart — see you in the next plan, robbers 🤑🐱‍👤🎯 ~ Thief Trader
Long
by The-Thief
2
Price is heading towards the upper boundary of the price channel✏️ OANDA:NZDUSD is trading in a bullish wave on H4 chart towards the upper boundary of the ascending price channel. The trendline reaction to the support zone of 0.598 will form a nice corrective wave for the uptrend. If the nearest trendline is broken, the price will soon reach our take profit zone. 📉 Key Levels Buy trigger: Reject and Trading above 0.598 BUY zone 0.592 ( vùng hỗ trợ biên dưới) Target: 0.610 Leave your comments on the idea. I am happy to read your views.
Long
by VHT_Trader
NZD/USD "KIWI HEIST" – BEARISH BANK ROBBERY!🦹‍♂️ NZD/USD "THE KIWI HEIST" – BEARISH BANK ROBBERY PLAN! 🚨💰 (Thief Trading Style – Short Entry Strategy for Maximum Loot!) 🎯 MASTER TRADING HEIST BLUEPRINT 🔥 Thief’s Technical & Fundamental Analysis Confirms: NZD/USD is OVERBOUGHT + TREND REVERSAL! Police (Bulls) set a TRAP near the Red Zone (Support) – Time to ESCAPE with profits before they catch us! ✔ Entry Point (Bearish Loot Grab): *"The vault is UNLOCKED! Swipe SHORT anywhere – but for SAFER HEIST, use Sell Limit orders (15m/30m pullbacks). Pro Thieves use DCA/Layering for max gains!"* ✔ Stop Loss (Escape Route): "SL at nearest 4H Swing High (0.60400). Adjust based on YOUR risk tolerance & loot size!" ✔ Target 🎯 (Profit Escape): 0.58900 (or exit earlier if cops (bulls) show up!) ⚠️ THIEF’S WARNING – NEWS & RISK MANAGEMENT 📢 High-Impact News = VOLATILITY TRAP! Avoid new trades during news releases. Trailing SL = Lock profits & evade market cops! 💥 SCALPERS & SWING THIEVES – QUICK NOTES: Scalpers: Only quick LONG scalp plays (use Trailing SL!). Swing Thieves: Hold for the BIG BEARISH LOOT! 🏦 📉 WHY NZD/USD IS BEARISH? (Thief’s Intel Report) Overbought + Trend Reversal Signals! Bulls (Police) losing strength at Resistance! For FULL Intel (Fundamentals, COT Report, Sentiment, etc.) – Klickk 🔗! 🚀 BOOST THIS HEIST! (Like & Share for More Loot Plans!) 💖 "Hit 👍 BOOST to strengthen our THIEF SQUAD! More heists = More profits!" 📌 DISCLAIMER (Stay Safe, Thieves!): This is NOT financial advice. Trade at your own risk & manage positions wisely! 🤑 NEXT HEIST COMING SOON… STAY TUNED! 🎭
Short
by The-Thief
NZD/USD – A Bullish Opportunity You Shouldn't MissNZD/USD is showing a clear bullish structure across multiple timeframes: Weekly: Overall trend remains bullish. Daily: Structure flipped bullish on July 23, 2025, confirmed by a strong bullish engulfing candle. 4H: Also aligned bullish, adding further confluence. We are now anticipating a retest near the previous Daily Higher Low (HL) — likely around a round psychological level. This zone may offer a textbook HL formation and a high-probability long setup. 📍 Potential Trade Plan Entry: Around 0.6000 Take Profit: 0.6160 Stop Loss: 0.5960 ⚠️ This is not financial advice. Please do your own research and analysis before entering any trade. I am not responsible for any potential losses.
Long
by ChartsByAmmar
2
Market Analysis: NZD/USD Climbs as Dollar WeakensMarket Analysis: NZD/USD Climbs as Dollar Weakens NZD/USD is also rising and might aim for more gains above 0.6000. Important Takeaways for NZD/USD Analysis Today - NZD/USD is consolidating gains above the 0.5980 zone. - There was a break above a major bearish trend line with resistance at 0.5980 on the hourly chart of NZD/USD. NZD/USD Technical Analysis On the hourly chart of NZD/USD at FXOpen, the pair started a steady increase from the 0.5910 zone. The New Zealand Dollar broke the 0.5940 resistance to start the recent increase against the US Dollar. There was a break above a major bearish trend line with resistance at 0.5980. The pair settled above 0.5980 and the 50-hour simple moving average. It tested the 0.6010 zone and is currently consolidating gains. The NZD/USD chart suggests that the RSI is stable above 60. On the upside, the pair might struggle near 0.6010. The next major resistance is near the 0.6020 level. A clear move above the 0.6020 level might even push the pair toward the 0.6050 level. Any more gains might clear the path for a move toward the 0.6120 resistance zone in the coming days. On the downside, immediate support is near the 0.5990 level. It is close to the 23.6% Fib retracement level of the upward move from the 0.5941 swing low to the 0.6008 high. The first key support is near the 0.5975 level. It is close to the 50% Fib retracement level. The next major support is near the 0.5940 level. If there is a downside break below the 0.5940 support, the pair might slide toward 0.5910. Any more losses could lead NZD/USD in a bearish zone to 0.5850. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
NZDUSD Pullback in Play – Head & Shoulders Signals More DownsideNZDUSD ( OANDA:NZDUSD ) is currently trading near the Resistance zone($0.612-$0.605) and has also managed to break the Support zone($0.604-$0.602) . We consider the Support zone as the neckline of the Head and Shoulders Pattern . In terms of classic technical analysis , NZDUSD has managed to form a Head and Shoulders Pattern . I expect NZDUSD to decline towards the Support zone($0.5968-$0.5946) after completing the pullback . Note: Stop Loss(SL): $0.6062 Please respect each other's ideas and express them politely if you agree or disagree. New Zealand Dollar/ U.S. Dollar Analyze (NZDUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
12
"Vault Breached! NZD/USD Bullish Loot (Live Heist)"🚨 "THE KIWI BANK HEIST" 🏦💰 NZD/USD Bullish Raid – Loot Fast Before the Cops Arrive! 🌟 Greetings, Money Bandits! 🌟 (Hola! Bonjour! Ciao! Konnichiwa!) 🔥 Thief Trading Intel: The Vault is Open! 🏦➡️📈 – Price is bullish, but overbought. Red Zone = Police Trap! 🚨 (Resistance/Reversal Risk) Escape Plan: Take profits near 0.62400 (or bail early if traps trigger). 🔐 ENTRY: "BREAK IN NOW!" "Buy the dip!" – Use 15M/30M swing lows for stealthy entries. Set Alerts! ⏰ (Don’t miss the heist!) 🛑 STOP-LOSS: "THIEF’S SAFETY NET" "Hide at 0.59500 (4H Swing Low)" – Adjust based on your loot size! 🎯 TARGET: "GRAB & VANISH!" "0.62400 or escape earlier!" – Don’t get greedy; cops (bears) are lurking. ⚡ SCALPERS’ NOTE: "Only steal LONG!" – Use trailing SL to protect your bag. "Rich? Charge in! Poor? Wait for swings!" 📡 FUNDAMENTAL BACKUP: "Kiwi is bullish… but check the news!" 📰 (COT, Macro Data, Sentiment) ⚠️ ALERT: Avoid trading during high-impact news – cops (volatility) love chaos! 💥 BOOST THIS HEIST! (Like & Share = More Loot!) 🚀 "Support the crew! Hit 👍, and let’s rob this market blind!" 💸🤝 Next heist coming soon… Stay tuned, bandits! 🏴‍☠️🎭
Long
by The-Thief
"NZD/USD Bullish Heist! Steal Pips Before the Reversal Trap! 🏴‍☠️ NZD/USD Kiwi Heist Masterplan – Steal the Bull Run! 💰 🌟 Hola, Money Makers & Market Marauders! 🌟 Welcome to the Thief Trading Style raid on the NZD/USD "The Kiwi" Forex vault. Follow the blueprint sketched in the chart for a bold long takeover — escape the high‑risk Yellow MA Zone before guards tighten! 🎯 Heist Blueprint 1. Entry 🚀 "The vault swings wide—yank that Bull loot at any price!" Drop your buy-limit orders within the next 15–30 min (or at the latest swing low/high). Don’t sleep—set chart alerts for the perfect breach. 2. Stop‑Loss 🛑 Thief-style SL lurks at the nearest 5h swing‑low wick (≈ 0.60400) for intra‑day. Adjust your SL based on your risk appetite, position size, and combo of orders. 3. Target 🎯 Aim to escape by 0.62000, or bail early for safety. 4. Scalpers’ Edge 🔍 Only rob on the long side. Big bankroll? Go all‑in. Prefer safety? Slide into the swing crew with a trailing SL to lock in your spoils. 🔍 Market Intel Why the Kiwi Loot is Ripe: Bullish momentum marches on, fueled by macroeconomic clues, COT data, sentiment shifts, inter-market moves — all pointing upward. 📚 For Full Recon: Dive into the fundamental, macro, COT, quant, sentiment & intermarket intel — plus trend targets and scorecards. Check the data here 👉🔗🔗 ⚠️ Caution Zone News Watch & Position Safety: Major news = guarded vault. Don't open new trades during release windows. If you're in already, use trailing stops to shield your haul and lock in gains. 💪 Support the Crew Smash that “Boost” to fuel our team and keep the raid running smooth. With Thief Trading Style, every day’s a payday. 🗓️ Stay tuned for the next Kiwi Heist – we’re just getting started. Happy robbing, legends! 🐱‍👤💥
Long
by The-Thief
3
Market Analysis: NZD/USD SlipsMarket Analysis: NZD/USD Slips NZD/USD is struggling and might decline below the 0.5980 level. Important Takeaways for NZD/USD Analysis Today - NZD/USD is consolidating above the 0.5980 support. - There is a connecting bearish trend line forming with resistance at 0.6010 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis On the hourly chart of NZD/USD at FXOpen, the pair also followed AUD/USD. The New Zealand Dollar struggled above 0.6100 and started a fresh decline against the US Dollar. There was a move below the 0.6050 and 0.6020 support levels. A low was formed at 0.5978 and the pair is now consolidating losses below the 50-hour simple moving average. The NZD/USD chart suggests that the RSI is back below 50 signalling a bearish bias. On the upside, the pair is facing resistance near the 23.6% Fib retracement level of the downward move from the 0.6120 swing high to the 0.5978 low. There is also a connecting bearish trend line forming with resistance at 0.6010. The next major resistance is near the 0.6065 level or the 61.8% Fib retracement level. A clear move above the 0.6065 level might even push the pair toward the 0.6120 level. Any more gains might clear the path for a move toward the 0.6150 resistance zone in the coming days. On the downside, there is a support forming near the 0.5980 zone. If there is a downside break below 0.5980, the pair might slide toward 0.5940. Any more losses could lead NZD/USD in a bearish zone to 0.5910. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
NZDUSD Hits Channel Top Bearish Momentum BuildingNZDUSD pair has touched a key resistance zone near the top of its rising channel and is showing early signs of rejection. This technical inflection point aligns with weakening New Zealand economic sentiment and renewed strength in the US dollar. The stage is set for a bearish rotation, with several support targets now in focus if momentum continues to build to the downside. 📉 Current Bias: Bearish NZDUSD has failed to break above the 0.6085–0.6090 resistance area, marking repeated rejections at the channel’s upper boundary. Price action and structure suggest a potential move back toward 0.6000 and deeper levels such as 0.5960 and 0.5910 if support fails. 🔍 Key Fundamentals: RBNZ on Hold and Dovish Leaning: The Reserve Bank of New Zealand has paused its tightening cycle, with Governor Orr signaling no urgency to hike further amid weakening domestic demand and subdued inflation momentum. US Dollar Support: The USD is gaining traction amid Fed officials maintaining a hawkish hold tone, and with markets paring back bets on near-term rate cuts due to sticky inflation and resilient labor data. NZ Economic Weakness: New Zealand’s growth has stagnated, with recent trade and retail data underwhelming. Business sentiment remains subdued, adding to downside Kiwi pressure. ⚠️ Risks to the Trend: Soft US Data: Any major downside surprise in upcoming US labor market or inflation figures could reignite Fed rate cut bets and weigh on the dollar, lifting NZDUSD. China Rebound: As China is a major trading partner for New Zealand, any strong recovery signs or stimulus headlines out of Beijing could buoy NZD on improved trade expectations. Unexpected RBNZ Hawkishness: If the RBNZ pivots back to a more aggressive tone due to inflation persistence, NZD could find renewed strength. 📅 Key News/Events Ahead: US PCE Inflation (June 28): Core metric closely watched by the Fed; any surprise will directly impact USD flows. NZIER QSBO Survey (July 2): Offers insight into New Zealand business confidence. US ISM Manufacturing & NFP (July 1–5): Major USD drivers with implications for broader market sentiment. ⚖️ Leader or Lagger? NZDUSD is currently a lagger, often following directional shifts in USD majors like EURUSD and AUDUSD. However, due to its sensitivity to Chinese data and Fed rate expectations, it may accelerate moves once broader USD sentiment is established. 🎯 Conclusion: NZDUSD looks poised for a bearish pullback from the channel top, with a confluence of macro and technical factors suggesting pressure toward 0.6000, 0.5960, and potentially 0.5910. While downside momentum builds, attention must remain on US data, China headlines, and RBNZ commentary for any sentiment shift. Bears hold the upper hand for now, but risk events ahead could challenge the momentum.
Short
by ultreosforex
12
NZDUSD Trade Idea. Key Levels for a Potential NZD/USD Short📉 NZD/USD is trending strongly bearish, and I’ve just posted a new breakdown on TradingView 🎥. The current price action looks overextended, and the pair remains under heavy selling pressure 🔻. I’m watching for a potential retracement into the Fibonacci 50%–61.8% zone 🔄 — the equilibrium area where I’ll be eyeing a possible short entry 🎯. The video covers entry ideas, stop-loss placement, and target levels 🎯📍. ⚠️ This is not financial advice — for educational purposes only.
Short
by fxtraderanthony
NZDUSD Buy Setup✅ Key Levels: Buy if Breakout: 0.60822 Invalidation (Stop Loss): 0.59983 Target 1 (TP1): 0.61495 Target 2 (TP2): 0.62160 --- 🔍 Analysis Summary: Breakout Setup: Price is approaching the resistance level at 0.60822. A confirmed breakout above this level signals a potential bullish move. Trend: Uptrend continuation expected if price holds above the breakout level. Invalidation Point: If price breaks below 0.59983, the setup becomes invalid, suggesting bearish pressure resumes. Targets: First take profit at 0.61495 (safe/partial profit-taking zone) Second take profit at 0.62160 (full target if momentum sustains) --- ⚠️ Disclaimer: This is a technical analysis and not financial advice. Always combine with your own research and risk management strategy.
Long
by Forex_Int
Is This the Next Big Heist? Thief Trader Eyes NZD/USD Long SetupThief Trader’s NZD/USD Heist Plan – Long Setup in Play! 🌍 **Hello Global Wealth Warriors!** Hello, Bonjour, Ciao, Salut, Guten Tag, Ola! 📢 **Fellow Profit Pirates & Market Mavericks**, it’s time to set sail again! Get ready to loot the forex seas with our latest **Thief Trader Strategy** targeting the **NZD/USD (The Kiwi)** pair. --- 🔎 **Trade Overview** 💥 Setup: Long Entry Plan – Executing our cunning blueprint with Thief Trading's sharp technical & fundamental intel**. 🎯 Target: 0.62300 (or exit just before for safety). ⚠️ Danger Zone: Watch for traps at the RED Zone Level – signs of overbought conditions, consolidation, trend flips & bearish setups. --- 🟢 **Entry Signal** – *The Heist Begins!* 📈 **Primary Entry**: > Breakout above **MA Line (0.60300)** = Bullish move → *Place a Buy Stop above ATR Line* 📉 **Pullback Option**: > *Buy Limit* at recent swing low/high on **15 or 30-min TF**. 📌 **Pro Tip**: Set an **Alert** on your chart to catch the breakout live. Timing is everything! --- 🛑 **Stop Loss – The Getaway Plan** 📍 **SL Recommendation**: > Recent swing low on the **4H chart (0.59400)** for day/swing trades. > 🎯 Customize your SL based on risk, lot size, and total orders. --- 🔐 **Scalpers vs. Swingers** 👀 **Scalpers**: Focus ONLY on long-side plays. 💰 Got deep pockets? Dive in. 😎 Otherwise, swing traders – this is your golden moment. Trail your SL to protect profits. 🌐 **Market Pulse** – Momentum Watch 📊 Kiwi is navigating a **MA Resistance Zone**, but bullish bias remains due to: * **Fundamentals** * **Macro Insights** * **COT Reports** * **Sentiment & Intermarket Trends** * **Quant Analysis + Overall Score** 📎 Check the linkks for detailed breakdown. 📰 **News Warning!** ⚠️ Major releases ahead? * Pause entries. * Protect trades with **trailing SLs**. --- 🚨 **Join the Next Heist with Thief Trading!** 💥 Smash that **Boost** or **Like** to join our profit squad. With **Thief Trader Style**, we dominate the markets DAILY. Your support fuels our mission. ❤️💼 --- 💸 Stay ready for the next move, money-makers. 🎯 Eyes on the chart – timing is profit.
Long
by The-Thief
1
NZD/CHF Potential Bullish Reversal SetupNZD/CHF Potential Bullish Reversal Setup 🔄📈 📊 Chart Analysis: The chart shows a potential bullish reversal for NZD/CHF, supported by technical patterns and key levels: 🧠 Key Technical Highlights: 🔹 Double Bottom Formation (🟠 Circles) A clear double bottom pattern can be seen around the 0.48300 support zone, signaling potential reversal from the downtrend. 🔹 Strong Support Zone 📉 Price bounced from a historically respected support zone (~0.48200–0.48400), which held several times in the past (marked with green arrows). 🔹 Downtrend Breakout 🔺 A short-term bearish channel has been broken to the upside, indicating potential bullish pressure. 🔹 Target Zone 🎯 Immediate bullish target is around 0.49265, aligning with previous resistance. 🔹 Resistance Area (🔵 Boxes) Next significant resistance lies at 0.49400–0.49800, which may act as the next hurdle if price breaks the 0.49265 level. ✅ Conclusion: As long as price holds above 0.48400, bulls may aim for the 0.49265 🎯 target. A breakout above that level can open the path to higher resistances. 📌 Bullish Bias maintained above support zone — monitor for volume confirmation and retest strength.
Long
by MrStellanSight
9
NZD/USD Shows Bullish Hints, Can Gains Be Sustained?Market Analysis: NZD/USD Shows Bullish Hints, Can Gains Be Sustained? NZD/USD is also rising and might aim for more gains above 0.6040. Important Takeaways for NZD/USD Analysis Today - NZD/USD is consolidating gains above the 0.6000 zone. - There was a break above a major bearish trend line with resistance at 0.5970 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis On the hourly chart of NZD/USD at FXOpen, the pair started a steady increase from the 0.5880 zone. The New Zealand Dollar broke the 0.5920 resistance to start the recent increase against the US Dollar. There was a break above a major bearish trend line with resistance at 0.5970. The pair settled above 0.5960 and the 50-hour simple moving average. It tested the 0.6040 zone and is currently consolidating gains. The pair tested the 23.6% Fib retracement level of the upward move from the 0.5882 swing low to the 0.6040 high. However, the bulls are active above the 0.6000 level. The NZD/USD chart suggests that the RSI is stable near 60. On the upside, the pair might struggle near 0.6040. The next major resistance is near the 0.6090 level. A clear move above the 0.6090 level might even push the pair toward 0.6120. Any more gains might clear the path for a move toward the 0.6200 resistance zone in the coming days. On the downside, immediate support is near the 0.5980 level. The first key support is near 0.5960. It is close to the 50% Fib retracement level. The next major support is near 0.5920. If there is a downside break below the 0.5920 support, the pair might slide toward 0.5880. Any more losses could lead NZD/USD in a bearish zone to 0.5850. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen