NZDUSD Analysis – April 18 NZDUSD experiences a successful breakout of the ascending channel on the 8th of April. The market was in a phase of consolidation from December to January. The Moving Averages crossed sideways until the 14th of January. A major displacement caused the market to dip to 0.6540. The sellers purged the […]
NZDUSD Market Analysis – April 11 NZDUSD respects the third touch on the trend line to continue its bearish momentum. A significant market shift was experienced on February 25th, 2021. The market peaked in the 0.7450 supply zone. There was a drop-base-drop pattern that led the market to 0.6950. The market retraced back to 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 […]
NZDUSD Market Analysis – March 4 NZDUSD progresses within a bearish parallel channel after the previous year’s high was reached on February 25, 2021. The previous year was bearish for the NZDUSD. The market reached its peak last year at 0.7450 at the beginning of the year. The bears gained control and sank the price […]
NZDUSD Market Analysis – March 21 NZDUSD is ready to soar to the previous high at 0.7200. The resistance level at 0.7200 ended the bullish rally initiated on October 13th, 2021. There was consolidation at the resistance zone, followed by a market direction change. On the 11th of November, a breakout caused the bears to […]
NZDUSD Market Analysis – March 14 NZDUSD has retraced to the major zone at 0.6880. The bulls ascended to 0.7300 just before the opening of the previous year. The market started consolidating after the major zone at 0.7300 was reached. A false breakout above the zone was prominent during late February of 2021. The price […]
NZDUSD Price Analysis – March 7 NZDUSD has completed its retracement back to the supply zone at 0.68610. The New Zealand dollar has shown overall weakness in the higher time frames. The failed chart reveals the general bearishness of the trend. The market reached its peak the previous year on February 24th. The market soared […]
NZDUSD Price Analysis – February 28 NZDUSD bulls attempt to reverse price tendencies despite sellers’ prowling movement in the market. Bulls are already trying to mobilize price direction beyond the market zone of 0.68170. However, there was a clutch back in the price propensity to go over the price level due to the sellers’ interest […]
NZDUSD Price Analysis – February 21 Kiwi is expected to maintain its bullish stance following a retest of the 0.65930 significant zone. The bullish momentum is expected to last for a while, as long as buyers continue to take more positions in the market. This will, however, cause the price to be distributed in the […]
