Market Analysis – January 29 NZDUSD bears regain momentum below the 0.57230 key level. Bulls have lost control as the price retreats below the 0.57230 significant level. The bulls, after showing signs of recovery earlier this year, have struggled to maintain traction, with bearish pressure dominating the market. Sellers are now poised to push the […]
Market Analysis -January 25 NZDUSD remains under bearish pressure despite buyers holding above the 0.55500 significant level. The bearish trend, which has been active since last year, persists, with sellers dominating the market after driving the price down from 0.64500. While buyers are attempting to create a foothold, their current strength is insufficient for a […]
Market Analysis – January 7 NZDUSD remains in a prolonged bearish trend. Recently, the price crashed aggressively to the demand level of 0.56100 from 0.57740. This has led to exhaustion, which has been displayed by a fluctuation of price at the demand level since late December. NZDUSD Key Levels Demand levels: 0.56100, 0.55100, 0.50000 Supply […]
Market Analysis – December 14 The NZDUSD pair has broken the 0.58840 support level, descending steadily to the next support at 0.57740. This decline featured a sequence of consecutive bearish candles, reflecting a strong downtrend. The market remains firmly bearish, with the potential for further price dips as sellers maintain control. NZDUSD Key Levels Demand […]
Market Analysis – November 12 NZDUSD initiated the current downtrend at the 0.63770 swing high and has now paused at a crucial price level. Market participants are currently vying for control at this zone, causing a temporary stall in the descent. NZDUSD Key Levels Demand Levels: 0.59890, 0.58700, 0.58020 Supply Levels: 0.61310, 0.62160, 0.67330 NZDUSD […]
Market Analysis – April 5 The NZDUSD pair has recently undergone a significant shift as it emerged from a consolidation phase with a bearish breakout in mid-March. This consolidation was delineated by the notable resistance level of 0.6200 and the supporting level of 0.6040. Following the breakout, the descent led to a test of a […]
Market Analysis – March 27 NZDUSD has recently broken out of a consolidation phase, signalling a shift towards a bearish trajectory. Previously confined within a narrow trading range, indicative of market indecision, NZDUSD’s recent breakout hints at a downward bias. NZDUSD Key Levels Demand Zones: 0.63300, 0.58640 Supply Zones: 0.62120, 0.63750 NZDUSD Long-Term Trend: Bearish […]
Market Analysis – March 17 NZDUSD consolidates ahead of a potential decline. NZDUSD has been observed to lurk in a consolidation phase, suggesting a buildup of selling pressure. This would likely precede a downward movement. The Fair Value Gap also serves as a price level that attracts sell orders. NZDUSD Key Levels Demand Zones: 0.59900, […]
NZDUSD Analysis – March 11 The NZDUSD pair continues to demonstrate a robust bullish trend, characterized by a noteworthy resurgence after a brief period of decline lasting approximately one month. This resurgence suggests a strong inclination towards reaching and potentially surpassing the prevailing supply levels. Key Levels for NZDUSD Demand Zones: 0.60469, 0.58860 Supply Zones: […]
