NZD USD Fibonacci Retracements Analysis

31.08.2021AUDUSD, “Australian Dollar vs US Dollar”In the H4 chart, AUDUSD is consolidating between 3/8 and 5/8. In this case, the price is expected to test 4/8, break it, and then continue moving upwards to reach the resistance at 5/8. However, this scenario may be cancelled if the price breaks 3/8 ...

24.12.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming several reversal patterns, such as Engulfing and Doji, close to the support area, XAUUSD may reverse and resume growing towards the resistance level. In this case, the upsid...

24.08.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, XAUUSD has completed the correction within the uptrend. After finishing a Hammer pattern not far from the support level, XAUUSD may reverse and start a new growth towards 2000.00. At the same time, an opposite scenario implies that ...

28.10.2019AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.6813; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6805 and then resume moving upwards to reach 0.6920....