Tag: NZDUSD

Oct 24
NZDUSD Wave Analysis – 24 October, 2022

• NZDUSD reversed from resistance level 0.5785 • Likely to fall to support level 0.5600 NZDUSD recently reversed down from the resistance level 0.5785 (top of the previous wave (iv) from the start of October). The resistance level 0.5785 was further strengthened by the upper daily Bollinger Band and by the 38.2% Fibonacci correction of […]

Sep 20
NZDUSD Analysis – 20 September, 2022

• NZDUSD broke round support level 0.6000 • Likely to fall to support level 0.5800 NZDUSD currency pair recently broke below the round support level 0.6000 (which stopped the earlier minor impulse wave (i) at the start of this month). The breakout of the support level 0.6000 accelerated the active impulse waves 3 and (iii) […]

Sep 05
NZDUSD Wave Analysis – 5 September, 2022

• NZDUSD reversed from support zone • Likely to rise to resistance level 0.6140 NZDUSD currency pair ended last week with the Bullish Engulfing, which the pair formed near the key support level 0.6060 (former monthly low from July) standing near the lower daily Bollinger Band. The upward reversal from this support zone stopped the […]

Aug 19
NZDUSD Wave Analysis – 19 August, 2022

• NZDUSD broke support level 0.6220 • Likely to fall to support level 0.6135 NZDUSD recently broke the support level 0.6220 (low of the previous wave B, which has been reversing the pair from last month). The breakout of the support level 0.6220 coincided with the 61.8% Fibonacci correction of the upward impulse from July. […]

May 31
NZDUSD Wave Analysis – 31 May, 2022

• NZDUSD reversed from resistance level 0.6535• Likely to fall to support level 0.6425 NZDUSD recently reversed down from the key resistance level 0.6535 (top former multi-month low from January). The resistance area near the resistance level 0.6535 was strengthened by the upper daily Bollinger Band and by the 38.2% Fibonacci correction of the previous […]

May 09
NZDUSD Wave Analysis – 9 May, 2022

• NZDUSD broke key support level 0.6410• Likely to fall to support level 0.6300 NZDUSD currency pair under the bearish pressure after the price broke the key support level 0.6410 (which reversed the price sharply at the start of this month). The breakout of the support level 0.6410 accelerated the active impulse waves 3 and […]

Apr 28
NZDUSD Wave Analysis – 28 April, 2022

• NZDUSD broke long-term support level 0.6535• Likely to fall to support level 0.6400 NZDUSD currency pair recently broke the long-term support level 0.6535, which has been repeatedly reversing the price from the end of 2020. The breakout of the support level 0.6535 continues the active intermediate impulse wave (3) from last year. NZDUSD can […]

Apr 20
NZDUSD Wave Analysis – 20 April, 2022

• NZDUSD reversed from support level 0.6735• Likely to rise to resistance level 0.6850 NZDUSD currency pair recently reversed up from the key support level 0.6735 (the former monthly low from March), strengthened by the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from February. The upward reversal from the […]

Apr 08
NZDUSD Wave Analysis – 8 April, 2022

• NZDUSD reversed from resistance zone• Likely to fall to support level 0.6830 NZDUSD currency pair recently reversed down from the resistance zone located between the round resistance level 0.7000 and the upper daily Bollinger Band. The pair just broke the support level 0.6890 (which has been reversing the price since March) – which accelerated […]

Apr 04
NZDUSD Wave Analysis – 4 April, 2022

• NZDUSD reversed from key support level 0.6885• Likely to rise to resistance level 0.7000 NZDUSD recently reversed up with the daily Long-Legged Doji from the key support level 0.6885 (former monthly high from January). The support area near the support level 0.6885 was strengthened by the 20-day moving average and 38.2% Fibonacci correction of […]