Get started

Gbpnzdshort

GBPNZD (Short to 1.88)Hey traders! Here's another trade idea for the week ahead that we have included in our watchlist. Fundamentals GBP: will continue to be weak as recession is forecasted, rising energy prices, household income being squeezed due to rising inflation. NZD: Not much idea on the current state of the nation but large speculators is starting to build up longs on NZD. It has one of the highest CB rates in the G10FX - recently raised by 50bps (now at 3%) Technicals - HTF retest and rejection of 1.915 - Short-term floor creating at 1.904 - Once this breaks, sells are looking good towards 1.88 This is the first chart of the week after a very successful week. Have a killer trading week. Cheers 👽🥂
Short
by rob_WRLD_
Pound Kiwi Test near Fibo levelHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about GBPNZD We can see a market break its strong support in D1. So we are expecting a strong rise near support. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
Long
by Theranasaramd
GBPNZD | Perspective for the new weekThis is a follow-up detail on my previous analysis as my bearish expectation appears to be intact (check the link below on my tradingview platform for reference purposes). This video explains how I plan to take advantage of a trend continuation to the downside with a caveat. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
GBP/NZD Fundamental, Technical & SignalFUNDAMENTAL ANALYSIS GBP/NZD Price Impacting Economic Events *( GBP upcoming events are important and leading economic indicators and WILL impact price during trade, increasing volatility and unpredictability ) ……………………………………………………………………………………. GBP TODAY Economic Events: - Unemployment Rate ( 3.8 same as previous ) - Unemployment Claims ( -20.1k higher than previous ) GBP Upcoming Economic Events - Year over Year inflation rates ( Forecasted 9.5, .4% higher than previous ) - Gfk Consumer Confidence ( Forecasted -44.0, -3.0 lower than previous ) - Retail Sales ( Forecasted -0.2%, -0.3% higher than previous ) - S&P Global/CIPS Manufacturing PMI Flash ( Forecasted 51.9, .9 lower than previous ) *GBP Economic Condition Thesis: Peak - Early Contraction - Overheated/reached peak, BoE ( Bank of England ) recognized, understands and expressed the upcoming of a slowing economy through forecasted rates for economic announcements. ……………………………………………………………………………………. NZD Previous Economic Events - .5% interest rare hike, total 2.5% interest rate - Business NZ PMI 49.7 ( falling below 50 supports contraction phase in equities market. Lowering earnings, income and free cash flow ) - Year over Year inflation rate 7.3%, higher than forecasted and previous - Quarter over quarter inflation rate 1.7%, higher than forecasted and lower than previous NZD upcoming economic events: - Balance of trade ( 398M forecasted to be higher than previous ) - ANZ Business confidence ( previous -62.6, supporting consumers decisions to spend less ) NZD Economic Conditions Thesis: Established contraction phase from reaching peak . Increasing inflation addressed with dovish interest rate hike. BUSINESS PMI and Confidence levels are well below healthy conditions supporting contraction phase in New Zealand's equity market caused by declining consumer spending and higher prices for goods and services. ………………………………………………………………..……………………. TECHNICAL ANALAYSIS Price Action: - Trading above Mid Term Downtrend( 8 months ), within short and long moving averages and near 52 week lows. Volume: - Relatively more selling than buying in most recent sessions and 1 random spike in both buying and selling volume above average 2 days short of 1 month. RSI: - Neutral between 50 - 25 Oversold Vortex: - Converged and starting to form a bearish cross above bullish trend momentum. ………………………………………………………………..……………………. SHORT SIGNAL: - Sell Limit 1.96600 - Profits 1.92700 - 1.89500
by charrison4300
GBP/NZD:DOWNTREND | PRICE ACTION | SHORT SETUP 🔔Hello Everyone, I hope you'll Appreciate our Price action Analysis ! Our strategy is based on Swing trading with price action Analysis and Advanced Fibos tools. Please support our page by hitting the LIKE 👍 button to this Idea and Follow us to get NEW ONE! Feel free to request any pair/instrument analysis or ask any questions in the comment section below. If you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Have a Good Take Day_Profits !
Short
by DAY_PROFITS
1
BOOM! GBPNZD may go long after testing.Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:GBPNZD We can see market is going to test its previous support or trendline. So we are expecting more rise to its major resistance after testing. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence
Long
by Theranasaramd