nzd/usd technical analysis by using : adx on 26.01.13
adx : 24.1825
+di : 10.5151
-di : 17.5457
timeframe : 4 hour
time : 2000
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nzd/usd technical analysis by using : adx on 26.01.13
adx : 24.1825
+di : 10.5151
-di : 17.5457
timeframe : 4 hour
time : 2000
is pair ne kal hi apna 1 bahut strong resistance .8270 ko break kiya hai...ye 1 bahut purana aur strong resistance tha is pair ka..
Weekly analysis for the pair nuzlandy dollar , The pair are now confined in a narrow Range between 0.8455 and 0.8316 is wobbling now I expect him if it breaches 0.8455 to rise to 0.8572 and bounce as in the case of breaking 0.8316 expect fall directly to 0.8224, God willing
waw W1 NZDUSD is in a minor downward trend but overall in an upward trend. I expect the pair uptrending again because a big round number (0,8), a moving average, and a price pivot zone are behind the price. I will enter only long positions till we break this strong level.
The price is consolidating after breaking the uptrend. It is testing the trend line. But the Stochastic is at the oversold area. This seems to be a false break out.
http://s13.postimage.org/ap5m1xkc7/image.png
The NZD/USD is affected by factors that influence the value of the New Zealand dollar and/or the U.S. dollar in relation to each other and other currencies. For this reason, the interest rate differential between the Reserve Bank of New Zealand (RBNZ) and the Federal Reserve (Fed) will affect the value of these currencies when compared to each other. When the Fed intervenes in open market activities to make the U.S. dollar stronger, for example, the value of the NZD/USD cross could decline, due to a strengthening of the U.S. dollar when compared to the New Zealand dollar.
NZDUSD today's opened gap below friday's close, it is possible to go up to close the gap at pivot level 0.8373 after that, if the pair can break the pivot level, then it is possible to continue up towards 0.8393, however if it rejected by pivot level, the pair may go down towards it opening day price, and may continue to 0.8332
Spoiler:
The position of the current price is below 50 EMA on the hourly chart, momentum is bearish
The position of the MACD is currently under area 0, the momentum is bearish
Trend today: Bearish
Target today: 0.8333
ye 1 bahut purana aur strong resistance tha is pair ka..Current trend jo hai woh upward trend pe hai aur badme target hai 0.8300 then 0.8335 agar
sell nzd/usd at the level 0.8353, with targets at 0.8308 and 0.8293, but in case of breaking the level 0.8379, then buy at this level with targets at 0.8405 and 0.8435