NZD/USD Trade Ideas

Relevance up to 04:00 UTC+2 Today, the pair is trading between two significant zones. The main resistance is the Weekly Control Zone 1/2 0.6478-0.6471. Testing this zone will allow you to get the most favorable prices for selling the instrument. The target zone remains the weekly control zone 0.6....

Relevance up to 06:00 2020-06-28 UTC+2 Work in the downward direction is a priority because the bearish pattern is not completed. The determining resistance is WCZ 1/2 0.6478-0.6471. If the zone is tested, this will make it possible to enter the sale at the best prices. The target weekly shortcut....

Relevance up to 05:00 2020-06-14 UTC+2 Yesterday, an absorption pattern of the daily level was formed. This makes it possible to maintain open sales. Any growth should be considered as an opportunity to sell the pair at more favorable prices. In this regard, the weekly control zone 1/2 0.6473-0.6....

Last week NZD/USD once again met resistance in the 0.6155 area. As you can see from the chart, this area stopped the pair twice before within the recent month. Support is at 0.6080 and 0.6065. The slide below the latter will open the way down to 0.6040. On the contrary, the advance above 0.6115 woul...

Since the beginning of May, the NZD/USD has been moving within a larger channel within the support A-A' at 0.5924 and the resistance B-B' at 0.6150. Recently it appears to have completed the upswing A'-B' and is tipping out, bouncing down from the resistance of 0.6150. The question is whether it wil...

Relevance up to 07:00 2020-05-08 UTC+2 Today's movement of the pair must be considered in the framework of the flat formed by the last two days. If the pair cannot break through the weekly control zone 1/2 0.6087-0.6080, then the decline will continue, and the next goal of the decline will be the....

Relevance up to 07:00 2020-05-06 UTC+2 Testing the weekly control zone 0.6022-0.6007 today allows you to consider two options. The main ones are the pair's purchases. The growth target will be the maximum of April which was formed last week. To enter the purchase, taking an absorption pattern at ....

Relevance up to 08:00 UTC+2 Today, the pair tested the target zone of the weekly control zone 1/2 0.6154-0.6147. In addition, the pair reached a monthly short-term limit. This may be a reason to stop growth and form a corrective downward model. It is important to understand that the upward moveme....

Relevance up to 07:00 2020-04-24 UTC+2 The NZD/USD pair is trading between two significant zones today. The resistance is in the weekly control zone 1/2 0.6012-0.6005. As long as the price is below this zone, the downward movement remains an impulse. The probability of updating the weekly minimum....

NZD/USD may be on the verge of breaking to lower levels. The pair formed a doji candlestick with a long upper shadow on the D1 - this is a bearish sign. The declining 50-day MA is capping the prices at 0.6110. On the H4, we see that the price has made a lower high. The oscillators are declining, so ...

Relevance up to 07:00 2020-04-12 UTC+2 Today, the pair is testing the next target of the WCZ 1/2 0.6087-0.6080. The reaction to this zone will determine plans for the future. The appearance of an offer and a decrease in the exchange rate will allow you to get favorable prices for buying the instr....

Relevance up to 08:00 2020-04-10 UTC+2 Yesterday's test of the weekly control zone caused an increase in sales. Now the pair is testing the weekly control zone 1/2 0.5937-0.5930 which serves as the main area of support. If the price holds above this zone, then the upward movement will resume. The ....

Relevance up to 15:00 2020-04-07 UTC+2 The pair settled below the weekly CZ of 0.59170.5902 on Friday. This makes it possible to hold sales that were opened earlier and look for new opportunities to open a short position. Favorable prices for selling are within the range of the WCZ 1/2 0.5922-0.5....

Relevance up to 06:00 2020-03-28 UTC+1 Growth resumed after the pair weakened yesterday. The weekly CZ 0.5760-0.5745 is still the support. While the pair is trading above it, work towards strengthening is still the main one. The probability of updating the weekly high is above 70%, which makes pu....

Relevance up to 08:00 2020-03-25 UTC+1 On the third day, the accumulation zone is formed on the pair. This makes it possible to work within the range. The probability of updating the monthly minimum is still above 75%, so sales from resistance levels should be considered first. Thursday's high re....

Relevance up to 05:00 2020-03-22 UTC+1 The current position of the Asian session regarding yesterday's trading indicates the presence of demand for the New Zealand dollar. If the close of today's trading occurs above the open, this may serve as the first signal for a medium-term accumulation zone....

Relevance up to 06:00 2020-03-18 UTC+1 This morning, the minimum of last week was tested, which triggered the growth of the pair. The first target of the upward movement is the weekly control zone 0.6111-0.6100. Reaching this zone should be considered for the appearance of a sell pattern, since t....

Relevance up to 04:00 2020-03-07 UTC+1 The upward movement is still a medium-term impulse, since the pair could not gain a foothold below the WCZ 1/2 0.6268-0.6263. The zone of the average weekly move is a strong resistance, which coincides with the weekly CZ 0.6309-0.6298. The false breakout pat....

NZD/USD has once again found support in the 0.6830 area. The price action on the H1 chart strongly resembles an inverted “Head and Shoulders” pattern. The advance above the neckline at 0.6400 will open the way up to the 0.6415/20 area, where it will once again meet resistance. This is where it will ...

Relevance up to 05:00 2020-02-14 UTC+1 Today, there was a strong impulse to the growth against the last bearish movement in January. As a result of the growth, the WCZ 1/2 0.6435-0.6430 was broken and the zone of the average weekly move was reached. The upward movement will become a priority if t....

NZD/USD has met the resistance of the 200-day MA earlier this week (0.6500) and closed below the 100-day MA (0.6460) on Thursday. The pair resumed the downtrend as it got to the lowest levels since the start of December. The odds are that the price will be drawn to lower levels in the 0.6415/00 area...

Relevance up to 01:00 2020-02-07 UTC+1 Yesterday's growth was the main model, as the pair was trading outside the average course. The level of 0.6502 remains the main target and is within the daily range. Meanwhile, the defining resistance zone of Weekly Control Zone 1/2 0.6517-0.6511 is located ....

Long-term review Technical outlook:AUDUSD is seen to be trading around the 0.6750 levels at this point in writing, looking to produce a bullish reversal. A break above 0.6765 would confirm that bulls are back in control. The overall structure still remains bullish with 0.6668 lows intact. AUDUSD e....

Relevance up to 05:00 2020-01-23 UTC+1 The bearish movement of the pair is still a priority, which makes it possible for you to keep sales open last week. The first goal of the decline is WCZ 1/2 0.6561-0.6555. Reaching this zone will close most of the sales, and also transfer the rest to breakev....

Relevance up to 13:00 2020-01-22 UTC+1 Technical outlook:NZD/USD might be preparing for yet another rally towards 0.6800 levels, to take out resistance at 0.6790. We can expect a meaningful corrective drop thereafter towards 0.6500 levels. Please note that NZD/USD has found interim support at the ....

Relevance up to 06:00 2020-01-16 UTC+1 Working in the downward direction is profitable as the pair continues to form a bearish impulse model. The first goal of the decline - the January minimum, and the main medium-term goal - the average weekly move, within which the WCZ 0.6561-0.6555 is located....

Market sentiment has worsened on the news about the conflict between the United States and Iran. There are many ways to trade the risk-off sentiment. One of them is to sell NZD/USD. Technically this idea looks quite reasonable. Last week the pair spiked above the 100-week MA but failed to close abov...

Market’s risk sentiment is quite positive, so commodity currencies are strengthening versus the USD. NZD/USD has been performing really well since the start of December as it managed to break above the line connecting 2018 and 2019 highs. In addition, last week it closed above the 50-week MA at 0.65...

Trade idea SELL 0.6515; TP1 0.6496; TP2 0.6470; SL 0.6535 The New Zealand currency is not feeling very well on Wednesday as investors have obviously decided to take profit. NZD/USD met resistance around 0.6565 (61.8% Fibonacci of the July-October decline, top of the October-December bullish channel)...

Relevance up to 05:00 2019-12-12 UTC+1 The pair tested the weekly control zone 0.6585-0.6573 at the end of last week. Now, for further growth, consolidating above the specified zone will be required. Otherwise, a reversal pattern will be formed. Growth remains a priority, so holding purchases and....