NZD/USD showed a good correction after it dipped to 0.6196 towards the end of the American trading period. A correction of good market feeling supported the base currency: NZD. In addition, perceived uncertainty surrounding the Federal Reserve Rate hike declaration died down. Consequently, this has caused traders and investors to start providing more liquidity to […]
NZDUSD Analysis – May 23 NZDUSD makes a bullish retracement within the downtrend. The market trend is obviously bearish on the daily timeframe. The market has formed a stair-step pattern to lower prices. The market reversed in April from being bullish to bearish. After the reversal, a wave of impulsive and correction moves has been […]
NZDUSD Analysis – May 17 NZDUSD continues its back and forth movement in a bearish market. The price recently hit a solid impediment at the upper frame of its descending channel, which confluences with the 0.69460 resistance level. This resulted in a steep drop in price to a 2-year low of 0.62290. With this, the […]
NZDUSD Analysis – May 9 NZDUSD dips into an oversold level with the recent push through 0.6540. The market has been in a downtrend on the daily chart. The Moving Average period eighty-nine crossed the Moving Average period 200 to the downside during August last year. Ever since then, the market has been bearish. The […]
The pair value is at a recognized support level as traders expects new promoters. New Zealand dollar versus the US dollar is in a flat location during a calm Asian session, as it is being sold and bought at 0.6945 after moving from 0.6945 to 0.6937 and then back to 0.6945. There is no value […]
The NZD/USD pair entered a bearish cycle in the early European session on Monday, surrendering the 0.6800 mark as it lost some of the gains accrued last week. The forex pair failed to capitalize on the goodish bounce from last week after meeting fresh supply around the 0.6825 top and got held back by a […]
NZDUSD Prezioen Azterketa - Irailaren 5a NZDUSD-k bere indarra galduko du, saltzaileek merkatuan presio gehiago gehitzen jarraitzen duten heinean. Merkatu-aldaketa bat egon da prezioa 0.73160 eta 0.71620-ren gako-maila esanguratsuen artean finkatzen hasi zenean. Prezioak orduan 0.71620 maila esanguratsua gainditu zuen, [...]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD is in a downward move. On June 18, the pair fell to the low of level 0.6922 and resumed a sideways move. The currency pair has been fluctuating between 0.6890 and $0.7050 for the past month. The Kiwi is […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD is in a downward move. The downtrend resumed after the rejection at level 0.7300. Following the breakdown on June 18, the bears are yet to break level 0.6922 of June 18. Instead, the price has been fluctuating above the […]
