NZDUSD reacted off resistance perfectly, dropping to our support target.

NZDUSD reacted off resistance perfectly, dropping to our support target.

NZDUSD reversed off its resistance at 0.64361 where it could potentially drop further to 0.64078. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

NZDUSD is expected to drop to 1st support at 0.66613 where it could potentially react off and up to 1st resistance at 0.67263. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

We are seeing a nice setup EURGBP and EURJPY as it is near key resistance. Here are some of our nice calls previously: NZDUSD bounced nicely: https://www.tradingview.com/chart/EURCHF/2Tzi7BCf-NZDUSD-near-support-could-possibly-bounce/

NZDUSD is approaching our first support at 0.6603(100% Fibonacci extension, horizontal swing low resistance, 38.2% Fibonacci retracement )where a strong bounce might occur pushing the price up to our major resistance at 0.6667 (horizontal overlap resistance, ,38.2% Fibonacci retracement). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the […]

NZDUSD is approaching our first support at 0.6603(100% Fibonacci extension, horizontal swing low resistance, 38.2% Fibonacci retracement )where a strong bounce might occur pushing the price up to our major resistance at 0.6667 (horizontal overlap resistance, ,38.2% Fibonacci retracement). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the […]

We are seeing a nice setup XAUUSD and XAGUSD as it is approaching our first support level. Here are some of our nice calls previously: NZDUSD bounced nicely: https://www.tradingview.com/chart/USDJPY/SdRuRQNk-HSI-approaching-support-potential-bounce/

NZDUSD is approaching our first resistance at 0.6702 (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6585 (horizontal swing low support). Ichimoku cloud is also showing signs of bearish pressure. Stochastic is also approaching resistance where we […]

We are seeing a nice setup BCOUSD and AUDUSD as it is approaching our first support level. Here are some of our nice calls previously: NZDUSD bounced nicely: https://www.tradingview.com/chart/USDJPY/SdRuRQNk-HSI-approaching-support-potential-bounce/

NZDUSD is approaching our first support at 0.6556 (76.4% Fibonacci retracement, 100% Fibonacci extension) where we might be seeing a bounce to our first resistance at 0.6708 (38.2% Fibonacci retracement, horizontal pullback resistance). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you […]

We are seeing a nice setup on HSI and BCOUSD where we might see a bounce above our first support level. Here are some of our nice calls previously: NZDUSD dropped nicely: https://www.tradingview.com/chart/USDJPY/M3uBJni0-NZDUSD-approaching-resistance-potential-drop/

NZDUSD is approaching our first resistance at 0.6725 (horizontal pullback resistance, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.6554 (100% Fibonacci extension, 76.4% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure. Trading CFDs on margin carries high risk. Losses […]

NZDUSD is approaching our first resistance at 0.6828 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.6770 (horizontal pullback support, potential 50% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in […]