EURNZD: ⬇️ Sell – EURNZD broke daily up channel – Likely to fall to support level 1.9660 EURNZD currency pair recently reversed down from the resistance area between the round resistance level 2.0000 (former powerful resistance from April) and the upper daily Bollinger Band. The downward reversal from this resistance area started active short-term impulse […]
EURNZD: ⬇️ Sell – EURNZD reversed from the round resistance level 2.0000 – Likely to fall to support level 1.9800 EURNZD currency pair recently reversed from the resistance area between the round resistance level 2.0000 (former multi-month high from April) and the upper daily Bollinger Band. This resistance area was further strengthened by the upper […]
EURNZD: ⬇️ Sell – EURNZD reversed from the resistance area – Likely to fall to support level 1.9400 EURNZD currency pair recently reversed down from the resistance area between the major long-term resistance level 1.9655 (which has been reversing the price from the start of 2020) and the upper weekly Bollinger Band. The downward reversal […]
EURNZD: ⬆️ Buy – EURNZD reversed from support level 1.8845 – Likely to rise to resistance level 1.9200 EURNZD currency pair recently reversed from the support level 1.8845 intersecting with the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from February. The upward reversal from the support level 1.8845 stopped […]
EURNZD: ⬆️ Buy – EURNZD reversed from support level 1.9100 – Likely to rise to resistance level 1.9400 EURNZD currency pair recently reversed up from the pivotal support level 1.9100 (former strong resistance from March) standing close to the 20-day moving average and the 50% Fibonacci correction of the upward impulse from February. The upward […]
• EURNZD broke key support level 1.7065 • Likely to fall to support level 1.6755 EURNZD recently broke through the key support level 1.7065 (which has been reversing the price from the start of October), intersecting with the 38.2% Fibonacci correction of the upward impulse from September. The breakout of the support level 1.7065 accelerated […]
• EURNZD reversed from resistance level 1.7500 • Likely to fall to support level 1.7200 EURNZD recently reversed down from the key resistance level 1.7500 (top of the sideways price range inside which the pair has been trading from the end of last month), intersecting with the upper daily Bollinger Band. The downward reversal from […]
• EURNZD broke daily down channel • Likely to rise to resistance level 1.6345 EURNZD recently broke the resistance trendline of the daily down channel, inside which the pair has been falling from July. The breakout of this down channel accelerated the active short-term correction (ii) – which belongs to the sharp downward impulse wave […]
• EURNZD reversed from support level 1.5710• Likely to rise to resistance level 1.6100 EURNZD earlier reversed up from the key support level 1.5710 (which stopped the previous sharp downward impulse wave 1), intersecting with the lower daily Bollinger Band. The upward reversal from the support level 1.5710 started the active short-term correction (ii). Given […]
• EURNZD broke daily up channel • Likely to fall to support level 1.6800 EURNZD currency pair recently broke the round support level 1.700, intersecting with the support trendline of the daily up channel from last November. The breakout of the support level 1.700 accelerated the active minor impulse wave (i) – which belongs to […]