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 […]
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 is in an uptrend but it is retracing to the previous high. Today, the Kiwi is falling after retracing from the recent high of 0.7200. The pair may revisit the previous lows of level 0.7100 and 0.7150 before […]
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. […]
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 fell to level 0.7100 and corrected upward. The downward move has resumed after breaking below level 0.7200. The price has broken below 21-day SMA and a […]
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 in an uptrend. From the price action, the Kiwi reached a high of level 0.7315 and reversed. The Fibonacci tool analysis has confirmed the reversal. The Fibonacci tool indicated that the market will reverse at level 1.272 […]
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. The pair is facing rejection at level 0.7300. On December 17 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The NZD/USD pair will rise to level 1.272 Fibonacci extension and […]
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 has resumed a downward move after testing level 0.72409. The index has fallen to a low at 0.7187. On December 17 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The NZD/USD pair will rise to […]
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 has continued its upward move. The pair fell to level 0.7000 but resumed upward shortly. On the uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. The NZD/USD pair will rise to level 1.272 Fibonacci extension […]
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 has continued its upward move. The pair fell to level 0.7000 but resumed upward shortly. The kiwi has risen to level 0.7183 after breaking level 0.7100. The uptrend will continue if the bullish momentum is sustained above level […]
