NZDUSD is approaching our first resistance at 0.7033 (horizontal overlap resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 0.6985 (horizontal swing low support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching our resistance and a reaction […]

NZDUSD is approaching our first support at 0.6992 (horizontal overlap support, 38.2%, 61.8% Fibonacci retracement, 100% Fibonacci extension) where price might potentially rise our major resistance at 0.7039 (horizonal swing high resistance, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching our support where a bounce off this level might see a corresponding rise in price. […]

NZDUSD reversed off its resistance at 0.7046 (100% Fibonacci extension, horizontal overlap resistance) where it could potentially fall to its next support at 0.6986 (38.2% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) has made a bearish exit from its ascending support line which contributes to our bearish bias. Trading CFDs on margin carries […]

NZDUSD is approaching its resistance at 0.7053 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) a potential reaction may occur, causing price to drop to its support at 0.6968 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) Stochastic (89, 5, 3) reacted of its resistance at 97% where a similar drop could […]

NZDUSD is approaching our first resistance at 0.6993 (horizontal overlap resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 0.6886 (horizontal swing low support, 76.4% Fibonacci retracement). Stochastic (55,5,3) is also reacting off our resistance and we might see a […]

NZDUSD is approaching our first resistance at 0.6982 (horizontal overlap resistance, 23.6% Fibonacci retracement) and price might potentially drop to our first support at 0.6784 (horizontal swing low support). RSI is also facing bearish pressure and a reaction off this level might see a corresponding drop in price. Trading CFDs on margin carries high risk. […]

NZDUSD is testing major channel resistance at 0.6936 (Fibonacci retracement, Fibonacci extension, price action, channel resistance) and a strong drop could occur at this level to push prices all the way down to major support at 0.6852 (Fibonacci extension, horizontal swing low support). Stochastic (34,5,3) is also seeing major resistance at 91% where a corresponding […]

Price is approaching our first support at 0.7244 (horizontal overlap support, 61.8% Fibonacci retracement) and it might trigger a strong bounce above this level, pushing price up to our major resistance at 0.7375 (horizontal swing high resistance, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching our major support and we might see a corresponding rise […]

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 […]