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 […]
NZDUSD Market Analysis- Bears Are Leading the Market Towards 0.6000 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 descended through a creek for a few months as it keeps maintaining a trendline across its highs. […]
NZDUSD Analysis – The Market Is Set for a Bearish Breakout NZDUSD is bearish on the daily time frame. The daily candles are currently resting under the Moving Averages period fifty (blue) and twenty (yellow). NZDUSD Key Levels Resistance levels: 0.6550, 0.6380Support levels: 0.6200, 0.6280 NZDUSD Long-Term Trend: Bearish NZDUSD is set for a bearish […]
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NZDUSD Analysis – The Market Has Leaped off the Demand Level at $0.6220 NZDUSD has leaped off the major demand level at $0.6220. The support level at $0.6220 has prompted bullish activity. The bulls successfully secured the demand level. NZDUSD Key Levels Resistance levels: 0.6550, 0.6450 Support levels: 0.6220, 0.6300 NZDUSD Long Term Trend: Bearish […]
