NZD/USD reversed from support zone
NZD/USD reversed from support zone Next buy target - 0…
NZD/USD remains directionless in the short-term
NZD/USD is looking for a clear direction in the short-term, as the technical indicators are showing a neutral stance. Also, the price action is trapped in a tight range around the 200 SMA, but we can expect a dynamic support over there, in order to extend gains above the highs from May 22 and eventually we might see a rally towards the Fibonacci level of -23.6% at 0.7001. However, a breakout below the lows from May 23 should expose the 0.6848 level.
RSI indicator remains in the negative territory.
Felipe Erazo
Similar
AUD/USD reversed from support area
AUD/USD reversed from support area Next buy target - 0…
USD/JPY: market consolidating between Moving Averages
We had a 'Three Black Crows'. So, we should keep an eye on the closest resistance at 110.30 as a possible starting point for...
Popular
EUR/USD: "High Wave" stopped bulls
We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.
EUR/USD: euro hung on Tenkan-Kijun
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
USD/JPY: "Tweezers" pushing price higher
We've got a pullback from the nearest "Window", so there's an "Engulfing" pattern. In this case, the pair is likely going to...
Deposit with your local payment systems
