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NZD/USD Is Stuck Between Levels 0.7100 and 0.7300

Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishThe Kiwi is stuck between levels 0.7100 and 0.7300. There has been no significant price movement. The price is characterized by small body indecisive candlesticks. The price action has remained stagnant. Daily Chart Indicators Reading:The Kiwi has risen to level […]

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NZD/USD Resumes Uptrend, May Retest Level 0.7300

Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishThe Kiwi is fluctuating between levels 0.7100 and 0.7300. The market is in consolidation within a confined range. The price is characterized by small body indecisive candlesticks. The Kiwi has been trading marginally as buyers and sellers are undecided about […]

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NZD/USD Fluctuates Between Levels 0.7100 and 0.7300, May Retest Level 0.7300

Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishThe Kiwi is fluctuating between levels 0.7100 and 0.7300. Following its rejection at level 0.7300, the pair has been fluctuating since January 6. The Kiwi will resume an uptrend if level 0.7300 is breached. Meanwhile, the market is consolidating above […]

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NZDUSD keeps bearish move intact

The NU is in a bearish immediate market (with the USD rallying) and we want to take advantage of this. After the last bullish pullback we moved down to the fisrt supply zone and bounced back 61.8% of the move completing the a-b move of an a-b-c pattern We will go short at the break […]

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NZD/USD Continues Downward Move, May Reverse at Level 0.7058

Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishThe Kiwi has resumed a downward move after rejection from level 0.7300. The pair has fallen and reached the low of level 0.7116. The price has broken below 21-day SMA and a break below 50-day SMA will accelerate price movement. […]

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