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NZDUSD Technical Analysis

NZDUSD Shifted Above 0.563: Market Forecast

NZDUSD shifted above 0.563, trading mildly bullish above the 23.6% Fibonacci level. A close above the immediate resistance at $0.568 can trigger the uptrend,...

NZDUSD Consolidate at $0.565: Patience Advised

NZD/USD stabilizes above $0.565 (23.6% Fibonacci) as the Stochastic Oscillator and RSI 14 hint at a possible consolidation phase. In this scenario, the currency...

NZDUSD Bear Market Prevails Below $0.57

The NZD/USD downtrend escalated after it broke below the $0.575 support. Robust selling pressure drove the Stochastic and RSI...

NZDUSD Risks Deeper Fall Below 0.575

NZD/USD is in a downtrend, and it formed a long upper shadow candlestick pattern in the 4-hour chart. The...

Wait for NZDUSD to Test Demand Levels Below $0.58

NZD/USD trades bearish below the regression channel's median line and the critical resistance of $0.58. Meanwhile, Stochastic hints at...

NZDUSD Bears Dominate But Reversal Looms

FxNews—The NZD/USD downtrend was triggered from $0.587, and the bears have prevailed in the sentiment ever since. However, the...

NZDUSD Eyes November Low if Bears Break $0.583

FxNews—The New Zealand dollar trades bearish against the American dollar. The current downtrend began from the 23.6% Fibonacci, hinted...

NZDUSD at Critical Juncture at $0.593 Amid Bearish Signals

The NZD/USD pair trades in a bear market below the 23.6% Fibonacci retracement level. However, the currency pair shifted...