NZDUSD broke out of our short term ascending pullback resistance line and reacted off our first resistance at 0.7345 (horizontal overlap resistance). A strong reaction might occur below this level, pushing price down to our major support level at 0.7306 (horizontal overlap support, 38.2%, 61.8% Fibonacci retracement, 100% Fibonacci extension). Ichimoku cloud is also showing […]

NZDUSD is testing our first resistance at 0.7375 (horizontal overlap resistance, 100% Fibonacci extension, 78.6% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 0.7248 (horizontal overlap support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) which coincides with our short term ascending support line. Stochastic (55,5,3) is […]

Price is approaching our first support at 0.7248 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong bounce might occur above this level, pushing price up to our major resistance at 0.7294 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major support which might be a good […]

NZDUSD is approaching our first resistance at 0.7261 (horizontal overlap resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). A strong reaction might occur at this level, pushing price down to our major support at 0.7187 (horizontal swing low support, 78.6% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching our resistance at 93%, a good […]

NZDUSD is testing our first support at 0.7261 (horizontal overlap support, 61.8% Fibonacci extension, 38.2%, 61.8% Fibonacci retracement). A strong bounce might occur at this level pushing price up to our major resistance at 0.73273 (100% Fibonacci extension, horizontal overlap resistance). A breakout of our intermediate resistance level at 0.7303 (horizontal overlap resistance, 76.4% Fibonacci […]

NZDUSD is approaching our first resistance at 0.7304 (horizontal overlap resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) which coincides with our long term descending resistance line. A strong reaction might occur at this level pushing price down to our major support at 0.7230 (50% Fibonacci retracement, horizontal swing low support). A breakout of our intermediate […]

NZDUSD is approaching our first support at 0.7260 (horizontal overlap support, 23.6% Fibonacci retracement, breakout level). A strong bounce might occur at this level, pushing price up to our major resistance at 0.7323 (100% Fibonacci extension, horizontal overlap resistance, 78.6% Fibonacci retracement). A breakout of our intermediate resistance level at 0.7279 (horizontal overlap resistance, 61.8% […]

NZDUSD broke out of its short term ascending pullback resistance line and is currently testing our first resistance level at 0.7186 (horizontal overlap resistance). A strong reaction might occur at this level pushing price down to our intermediate support level at 0.7109 (50% Fibonacci retracement, 100% Fibonacci extension). Should price break out of this level, […]

NZDUSD is approaching our first support level at 0.7218 (horizontal overlap support, 61.8% Fibonacci retracement). A strong reaction might occur at this level pushing price up to our first resistance level at 0.7260 (horizontal swing high resistance, 38.2% Fibonacci retracement). If price breaks out of this level, it could potentially rise to our second resistance […]

NZDUSD is approaching its major resistance level at 0.7357 (61.8% Fibonacci retracement, 61.8%, 100% Fibonacci extension, horizontal swing high resistance). A strong reaction could occur at this level, pushing price down to our next major support at 0.7276 (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension). RSI (55) is also approaching its long term […]

NZDUSD is fast approaching strong resistance at 0.7341 (Fibonacci retracement, horizontal swing high resistance, Fibonacci extension) and a strong reaction could occur at this level to push prices down to 0.7250 support (Fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is seeing major resistance at 93% where a corresponding reaction could occur. Trading CFDs on […]

NZDUSD is has formed a nice double bottom formation and we’re seeing major support above 0.7273 (Fibonacci retracement, horizontal overlap support, breakout level) and a strong bounce could occur from here to help price rally towards our next major resistance at 0.7341 (Fibonacci retracement, horizontal swing high resistance). RSI (89) sees ascending support hold price […]

NZDUSD has broken major resistance and has the potential to rise much further above major support at 0.7273 (Fibonacci retracement, horizontal overlap support, double bottom reversal) towards 0.7341 (Fibonacci retracement, horizontal swing high resistance). RSI (55) has broken above our 52% line and also sees ascending support hold it up nicely. Trading CFDs on margin […]

NZDUSD has shot up perfectly to our forecasted resistance. We’re now seeing major resistance at 0.7273 (Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this price to drive price all the way down to major support at 0.7185 (Fibonacci extension, horizontal swing low support). Stochastic (34,5,3) is seeing major resistance at […]