In our NZD/USD technical analysis, the currency pair encounters a formidable challenge as it grapples with a robust resistance zone. Delving into the technical intricacies, we explore key levels and…
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NZD/USD Technical Analysis, the pair bounced from 0.618 FIB, starting a pullback
Technical analysis for NZD/USD, the pair reached the 0.618 FIB retracement on the monthly chart at 0.6225 and bounced from it, starting a pullback. The first target for the pullback,…
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NZD/JPY Technical Analysis, the pair formed tweezer top on the weekly chart
Technical analysis for NZD/JPY, the pair rejected resistance and 0.786 FIB retracement at 86.65 with a high-test candle pattern forming a tweezer top on the weekly chart. On the daily…
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GBP/NZD Technical Analysis, the pair formed a double bottom on the weekly chart
Technical analysis for the GBP/NZD, the pair formed a double bottom on the weekly chart, starting a pullback. The first target for this pullback is the 0.382 FIB retracement at…
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NZD/USD Technical Analysis, the price broke below an ascending trend line
Technical analysis for NZD/USD, the price broke below ascending trend line on the daily chart, which is a signal for further declines. The first target for this breakout is the…
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NZD/USD Technical Analysis, the pair attempting a breakout
Technical analysis for NZD/USD, the pair broke above the previous double top on the daily chart, above the previous weekly high at 0.6890, and above the weekly 50 EMA. This…
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NZD/JPY Technical Analysis, the pair is approaching a key resistance
Technical analysis for NZD/JPY, the pair broke above the previous weekly high at 79.24, resuming the bullish wave on the weekly chart. The first target for this bullish wave is…
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NZD/CAD Technical Analysis, the pair rejected resistance
Technical analysis for the NZD/CAD, the pair reached the first target of the bearish weekly wave, the 1.272 FIB extension on the weekly chart at 0.8345, and started a pullback….
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AUD/NZD Technical Analysis, the pair formed a double top on the weekly chart
Technical analysis for the AUD/NZD, the pair formed a double top on the weekly and the daily charts, rejecting 0.618 FIB retracement on the monthly chart, signaling a bearish run….
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NZD/CAD Technical Analysis, the pair reached the first target of the bearish wave
Technical analysis for the NZD/CAD, the pair reached the first target for the bearish wave on the weekly chart, the 1.272 FIB extension at 0.8345, and bounced from it, starting…
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NZD/USD Technical analysis, the pair broke above the daily 50 EMA
Technical analysis for the NZD/USD, the pair broke above the daily 50 EMA and the previous high. This breakout started a bullish run on the daily chart. The first target…
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NZD/USD Technical analysis, the pair is sitting at support zone
Technical analysis for the NZD/USD, the pair is within an important support zone and the previous monthly low at 0.6805. A break below 0.6805 will accelerate the bearish run, and…
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