-
Hello to all! The trend of the New Zealand dollar is headed south. A safer move is to wait for entry of selling the pair. Last week, the level of 0.6716 was repeated, although I noticed it after the breakdown. Thus, I decided not to take on any sides. The trajectory of the downtrend is being narrowed down. Then, we’ll see how the pair would react to the level of 0.6566 either a breakout occurs or a further decline of the price.
In case of a false breakdown, it is likely for the pair to stay in the trend at 0.6566 to 0.6716, where we can work off inside the channel from the limits. For now, I do not see any points we can enter the market as we are currently in the middle, although, it closer to the support. Hence, I think it is better to wait for a retest and then decide on the next target level to trade on.
If it breaks the level of 0.6716, there is a chance for a downtrend which will probably turn around and go north. It is then that we can consider going long on this pair.
-
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..
isko break karnek e baad isne fir down trend ke option diye h ai lekin i think iske signals ko aur clear hone ka wait karna chahiye kyunki isne abhi apna resistence toda hai
-
Nzd/cad Bullish
1;Resistancei;0.8805
2;Resistance ;0.8831
3;Resistance 0.8845
1; supporting ;0.8753
2; supporting ;0.8739
3; supporting ;0.8727
-
NZD/USD...BULLISH
Pivot Point...0.6694
S 1..0.6671
S 2..0.6641
S 3..0.6618
R 1..0.6724
R 2..0.6748
R 3..0.6778
-
Pivot Point 0.6707
1 Resistance 0.6709
2 Resistance 0.6712
3 Resistance 0.6714
1 Support 0.6705
2 Support 0.670.6
3 Support 0.6700
-
Despite being one of the major G10 gainers on the previous day, the NZD/USD pair bulls again run out of steam to clear 200-D EMA as the pair takes the rounds to 0.6705 at the start of Thursday’s Asian session.
On Tuesday, the Kiwi pair rose back to the key exponential moving average (EMA) mainly on the back of greenback’s weakness and upbeat data fro
-
NZDUSD Daily Analysis
Market Trend Bullish
Pivot Point 0.6690
S 1 >>>>> 0.6670
S 2>>>>> 0.6640
S 3>>>>> 0.6610
R 1>>>>> 0.6725
R 2>>>>> 0.6750
R 3>>>>> 0.6780
-
Yesterday's D1 time frame candle: bearish candle
General direction: sideways
Expectation: down
Short commentary: We are in the area of support and there is a lot of strength on the market on the bullish side and there might be a lot of anticipation around this level so we must be cautious if you want to take advantage of this market condition.
-
today i like to sell this pair @ 0.7744
my stop loss of the day @ 0.7764
half take profit for today @ 0.7714
-
Nzd/Usd ka Trend Bullish hai
Support or Resistance ye hain:
Support 1: 0.6702
Support 2: 0.6684
Support 3: 0.6663
Resistance 1: 0.6708
Resistance 2: 0.6723
Resistance 3: 0.6742