NZDUSD Analysis – September 11 NZDUSD shows a sign of change in the market trend to the upside. Currently, there appear to be fewer buyers in the market due to the sudden decline of the NZDUSD in August 2022. Before the declination, the market was in an uptrend between January 28 and April 5 of […]
Market Analysis – September 4 NZDUSD sellers crash the market into the final wave as they head towards a demand zone. The market’s bearishness began on the 5th of April, 2022, a few weeks after the market was rejected to the upside at the previous support of 0.6470 on the 28th of January, 2022. Currently, […]
NZDUSD Analysis – August 21 NZDUSD bears close their short positions towards the demand zone at 0.6060. The current trend in the market is bearish as prices make lower lows and higher lows. This bearish movement on the daily timeframe began after the change in the market environment on the 8th of April, 2022. NZDUSD […]
NZDUSD Analysis – August 14 NZDUSD shows signs of change in the market trend. Until the change of character (CHOCH) on the daily timeframe, the market had been sinking downward. The overall downtrend began on the 5th of April, 2022, which was confirmed by the MA Cross (9, 12). Before that, the market was in […]
NZDUSD Analysis – August 7 NZDUSD market keeps breaking its swing lows downward. The bearish market began on November 12, 2021, when prices crossed the resistance at 0.7020 from the local high. Until this day, the market had been moving in a random motion. The random motion was a result of the needed correction for […]
NZDUSD Analysis – August 1 NZDUSD market is preparing to continue its trend downward. Immediately after the resistance level of 0.7330 was hit on February 22, 2021, a fake-out occurred, and the bears stormed the market. Before the bears completely dominated the market, NZDUSD had been rallying upward. Market Major Levels Resistance levels: 0.6530, 0.7330Support […]
NZDUSD Analysis – July 24 NZDUSD market trend remains bearish. Since early last year, the market has been in a downward trend. Prior to the beginning of this downtrend, the bulls were in control of the market. The bulls stormed the NZDUSD pair after an immediate rebuff at the local low of 0.5480, which is […]
NZDUSD Analysis – July 17 NZDUSD bears are driving the market into a major demand zone. For several months, the market has been in a downtrend along the daily timeline. The current downtrend began a few weeks ago due to the breakout below the previous support level at 0.6570. NZDUSD Major Zones Resistance levels: 0.6400, […]
NZDUSD Market Analysis- July 9 NZDUSD bears are leading the market towards a major demand zone. The daily timeframe on NZDUSD has been extremely bearish since the beginning of March 2021. The market has been descending through a creek for a few months now. The market keeps maintaining a trendline across its highs. The current […]
